Lessons Learned

business-lessonsAs a business owner, you wear a lot of hats. When you opened your business chances are you were the bookkeeper, marketer, as well as the person who worked in your business. You opened your business with a strong vision but the road to success isn’t always easy. You go to battle every day against:

  • Tough competition
  • Evolving markets
  • New technology
  • Employee turnover

The good news is you don’t have to find ways to grow your business and find balance all on your own. Instead, you can find a business mentor or even look for advice from industry titans that came before you. There are a myriad of options through webinars, podcasts, Ted Talks, and books for you to gain knowledge from the titans of business. You may find value in their words of wisdom that will bring new passion and growth to your business.

Successful business people may sell different products, but they often follow some of the same advice. Common pieces of advice successful business titans swear by include:

Work-life Balance is key to burnout prevention

Work hard and play hard – it’s important to set space in your schedule to do both.

If Something Isn’t Working – Make a change

Technology and trends are in a constant state of flux. Unless you are willing to take a risk with the changes and pivot, you may find yourself lagging behind.

Value and Inspire Employees

Employees are the lifeblood of your company. Think about it, they interface with customers that choose to spend money with you versus a competitor. Attracting and retaining top talent is a challenge in today’s market. Building relationships and a sense of community helps employees feel appreciated, builds morale and increases productivity.

Learn From Others

Embrace lifelong learning through online classes, webinars, workshops, or a mastermind group. It doesn’t matter if you sign up for a new class or learn new ideas from others. You never know when a new skill can help your business.

Experience Growth Through Failure

Lessons are learned by failure and are an important part of success for businesses. Each time you fail at something you learn and grow. Perseverance is the difference between failure and success.

Trust Yourself

Trust your instincts and have faith in yourself. Make sound decisions based on knowledge and move forward.

Step Out of Your Comfort Zone

We all have things that are uncomfortable but stepping outside your comfort zone leads to growth. Many successful business people emphasize pushing past what makes them comfortable. Are you willing to take the risk at something greater?

Small Opportunities Can Lead to New Business Growth

Saying yes to small opportunities along the way can eventually lead to greater opportunities. For instance, you may say yes to a dinner invite where you make a business contact that helps you grow your business later on.

Customers Come First

Are you listing to your customers? A customer complaint no matter how harsh they seem can help you improve your products and services. We aren’t perfect and sometimes mistakes are made but acknowledging the complaint tells your customers that you’re listening.

Don’t Sacrifice Quality

Customer satisfaction is key to raving reviews both online and word of mouth. You want to produce products and services that people are truly satisfied with. This can help your business build a stronger reputation.

If your business isn’t growing and you’re feeling stuck, it may be time to take a risk. Stepping out of your comfort zone through innovation is one of the most important things you can do – and that’s according to who succeeded before you. Are you ready to take the next move? We’re here to walk with you on that journey give us a call 724-612-0755 or email us for a 30-minute complimentary phone consultation.

About the author: Autumn Edmiston is the CEO and owner of the Edmiston Group. The Edmiston Group is a multifaceted Pittsburgh based marketing consulting firm providing senior-level marketing management services to businesses and non-profit organizations on a short or long-term basis. Core areas of service are business development strategies, website creation and management, social media management, marketing, strategic planning, and public relations. The Edmiston Group has consistently delivered and implemented real-world, proven business marketing ideas and strategies for business.

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