What To Do & What To Avoid In Business
I have worked at management level for many years before I moved into Business Consultancy and during my time I have seen many businesses thrive due to greet management and also crumble due to poor management, I've created this brief checklist that will help any business grow and reduce the chance of failure, some of the points are quite simple but critical to survive in todays market place, I hope you enjoy reading the article and let me know your views or any tips you have for business owners in the comments sections.
Top 15 mistakes startups should avoid
1. Skimping – OR – over thinking your business plan.
2. Trying to do a start up alone – OR – having too many co-founders.
3. Trying to force a business that isn’t working – OR – failing to spend enough time researching the business idea.
4. Lacking focus and identity.
5. Being rigid about your idea – OR – Lacking an exit strategy.
6. Underestimating financial requirements and timing.
7. Not asking for help.
8. Spending too much time on product development, not enough on sales.
9. Failing to recognise the gap between sales and profit.
10. Settling for ‘good enough’ instead of pushing towards ideal.
11. Seeking confirmation of your actions rather than seeking the truth.
12. Entering a market with no distribution partner.
13. Trusting experts, rather than your gut.
14. Hiring for convenience rather than skill requirements.
15. Not maintaining relationships.
50 ways to get a great reputation in business
1. Make a good first impression
2. Be consistent
3. Listen to your customers
4. Design a great logo
5. Represent your business with a brand
6. Always be reliable
7. Establish strong values
8. Be transparent
9. Use a strapline
10. Print your logo everywhere
11. Highlight the benefits of your business
12. Establish trust
13. Convey a clear message
14. Display your brands colours
15. Become an authority in the field
16. Have a long term vision
17. Stand out from competitors
18. Educate employees about your brand
19. Grow your brand with your business
20. Define your goals
21. Create a great pitch
22. Be flexible
23. Repeat your message again and again
24. Give great customer service
25. Display your back story
26. Exceed expectations
27. Offer value for money
28. Stay in the forefront
29. Be instantly recognisable
30. Make regular contact with customers
31. Be consistent with photos
32. Know your target market
33. Use social media
34. Provide a rounded experience
35. Create a professional website
36. Create relationships with other brands
37. Give out stuff for free
38. Combine marketing strategies
39. Network with peers
40. Get feedback
41. Start a company blog
42. Show off
43. Attend local events
44. Sponsor an event or charity
45. Gain reputation
46. Continue to learn
47. Be professional online
48. Promote your achievements
49. Engage local as well as national customers
50. Be brilliant
If you enjoyed reading this article and thanks for taking the time to read the checklist
Top 15 mistakes startups should avoid
1. Skimping – OR – over thinking your business plan.
2. Trying to do a start up alone – OR – having too many co-founders.
3. Trying to force a business that isn’t working – OR – failing to spend enough time researching the business idea.
4. Lacking focus and identity.
5. Being rigid about your idea – OR – Lacking an exit strategy.
6. Underestimating financial requirements and timing.
7. Not asking for help.
8. Spending too much time on product development, not enough on sales.
9. Failing to recognise the gap between sales and profit.
10. Settling for ‘good enough’ instead of pushing towards ideal.
11. Seeking confirmation of your actions rather than seeking the truth.
12. Entering a market with no distribution partner.
13. Trusting experts, rather than your gut.
14. Hiring for convenience rather than skill requirements.
15. Not maintaining relationships.
50 ways to get a great reputation in business
1. Make a good first impression
2. Be consistent
3. Listen to your customers
4. Design a great logo
5. Represent your business with a brand
6. Always be reliable
7. Establish strong values
8. Be transparent
9. Use a strapline
10. Print your logo everywhere
11. Highlight the benefits of your business
12. Establish trust
13. Convey a clear message
14. Display your brands colours
15. Become an authority in the field
16. Have a long term vision
17. Stand out from competitors
18. Educate employees about your brand
19. Grow your brand with your business
20. Define your goals
21. Create a great pitch
22. Be flexible
23. Repeat your message again and again
24. Give great customer service
25. Display your back story
26. Exceed expectations
27. Offer value for money
28. Stay in the forefront
29. Be instantly recognisable
30. Make regular contact with customers
31. Be consistent with photos
32. Know your target market
33. Use social media
34. Provide a rounded experience
35. Create a professional website
36. Create relationships with other brands
37. Give out stuff for free
38. Combine marketing strategies
39. Network with peers
40. Get feedback
41. Start a company blog
42. Show off
43. Attend local events
44. Sponsor an event or charity
45. Gain reputation
46. Continue to learn
47. Be professional online
48. Promote your achievements
49. Engage local as well as national customers
50. Be brilliant
If you enjoyed reading this article and thanks for taking the time to read the checklist