Monday, 1 June 2015

TIPS TO BE A SUCCESSFUL ENTERPRENEUR 2



Sequel to our last post, lets highlight some more points on this how-to list for successful entrepreneurship. Be sure to read through to the end!
·          BE ACCESSIBLE: Accessibility here doesn’t only refer to location, though that is an important aspect. Being accessible demands that your clients can get information, services and/or products from/about you seamlessly. Let people know who you are and what you do. Promote yourself shamelessly, always have your cards and business information handy. Make it easy for people to do business with you. Invest in building your reputation. Let people associate you with integrity and excellence. If you want your business to grow you should make people know who you are and why they should patronize you. Know who your customers are, get personal with them, be interested in their well being and appreciate them.

·         TAKE TIME OFF: ALL WORK AND NO PLAY MAKES KATE A DULL GIRL there is always the temptation to work around the clock, don’t fall for it. All work and no rest burns energy fast and motivation too. It would eventually lead to grumpy customer service and this is very bad for business. Work hard and rest, pause and take a break to appreciate yourself for the efforts put in. Recognise the people who have contributed to the business success, yourself included. Even dieticians have cheat days why shouldn’t you?

·         DELEGATE WORK: people say if you want something done do it yourself... that’s not entirely true. In fact, in business it is not true at all. There is no one man business in the real sense of it, you cannot be the owner and supplier and accountant and sales rep and customer at the same time. No matter how small your business is, you would need the expertise of someone else. NO ONE EVER MADE IT IN THIS WORLD WITHOUT HELP… NO ONE (GAME OF THRONES). Learn to work through people by delegating work. Being a successful entrepreneur requires you to build other leaders who will help your business grow. In business, the ability to multitask is essential but once in a while be disciplined enough to stand back and think of what is best for the future of your business. You might need to loosen the reigns of the ownership of the business for financial support, well do it, what are you waiting for? Your 10% ownership of a multi-billion dollar business is worth more than 100% of your road side shop.                          
                                                                                                                                                                                              
Disclaimer: Do well to remember that there is no perfect equation for business success, as entrepreneurship is both a science and an art.
Please feel free to share your thoughts below and request for any topic you want us to discuss about business.
Entrepreneurship is a lifestyle. Embrace it!

FUNMIKE ADELEYE

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