The business world is a very competitive place to be.
Everyday business owners just like you struggle to make it
through another month, another year. But the difference
between those who make it and those whose businesses fail
is simply frame of mind and willingness to work. It's
understanding your own business intuition, and giving it a
good workout - practicing common sense in the best possible
way to gain success.
The following are 10 ways to give that business intuition a
good workout and make sure that you're using it to its
fullest.
1. Think Innovative Ideas and Concepts
Originality is the only thing that can really set you apart
from your competitors. And though being creative isn't
something you can simply turn on and off, how you can make
your business better and different than others is something
that should be on your mind everyday. Most importantly
though, is that you don't simply do what others have
done-try and think differently to make your success
different.
2. Examine Your Options
Depending on what kind of business you run, there are often
dozens of different directions you could take with it at
any given time. Take an example from those who have come
before-examine businesses similar to yours and see what set
them apart. This will give you a better idea of what can
come next for your business.
3. Do Your Homework
Before you can get the best impression of what you should
be doing, you need to make sure that you'll have done your
homework. Not only will this give you the most thorough
understanding of what will be expected of you, but it will
also inspire you in ways that you can better your business
and make it truly stand out. Homework isn't just something
you left behind in school - it's something you'll need to
dedicate yourself to doing, to open your intuition to every
opportunity that is out there.
4. Pound the Pavement
Just like when you're looking for a job, it can help to get
out there and pound the pavement a little. Whether it's
physical pavement, or the pavement of the information
highway on the internet, it's a good idea to get out there
and find out what's around you. What is your competition
doing? How can you become more attractive to your niche
market?
5. Get in the Know
Be an industry leader by getting to know everything there
is to know about your business. It's your business-so you
should know every part of it.
6. Ask Around
Don't be shy-ask everyone who comes in what they think,
everyone you work with what they would do differently.
Visit similar businesses in your area, and have a look at
the websites of businesses providing similar products and
services. Make a point to ask their proprietors what set
them apart: it can give you a better idea of just how to
proceed.
7. Look Around
Just as important as asking around is keeping your eyes
open-take the time to look around and you might be amazed
at what you see.
8. Spend Your Money Wisely
Of course this goes without saying, right? In fact, being
frugal is something no business owner can take for granted.
It is of vital importance that you make a detailed budget
and then stick to it. More importantly, when it comes time
to update or change your business, you have to have done
your homework, because you'll want to spend your money very
wisely.
9. Work Hard and Smart
Running your own business-and make it fly-is nothing but
hard work. But if you go into it knowing that you're going
to have to go the extra mile, you'll be starting off on the
right foot. Your business needs to be your top priority
and first thought everyday if it's going to succeed.
10. Follow Your Heart
More than anything, when it's time for change you have to
follow your heart. It's your business, and it should be a
reflection of your passion and commitment. Whatever you
have in mind for your business, always make it honest and
from you and it's sure to succeed.
Using your business intuition and giving it a good workout
is a matter of opening up your eyes, learning about your
own environment, industry, and clientele, and practicing
good common sense. Give your "gut sense" something to
consider, by getting out there and finding out what others
are doing. Don't ignore what your gut is telling you. The
odds are, it's sending you a message for a reason.
----------------------------------------------------
Robert Moment is an innovative small business coach and
author that specializes in teaching entrepreneurs how to
start successful and profitable small businesses. Visit
http://www.howtostartyoursmallbusiness.com and take the
FREE 7 day e-course titled, "Turn Passion into Profit:
Small Business Startup".
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