10 Inspirational Tips for Entrepreneurs

10 Inspirational Tips for Entrepreneurs
by Nellie Akalp

Ask anyone who knows me, and they’ll tell you I’m full of inspirational advice for entrepreneurs. Now and then, I like to share what I’ve learned here to our blog readers. Hope you find them useful!

Early On

The early years are the critical ones. Here’s my advice for surviving those early growing pains.

  • Don’t Let Your Emotions Cloud Your Judgment

You will have strong opinions on things that relate to your business, and that’s fine.  Just don’t let a bad attitude or anger temper a business decision. You will likely come to regret it.

  • Stand Up and Ask for What You Want

Running a business is not for the meek. If you want something — a sale, your employee to step it up, whatever — you won’t get it unless you ask for it. The worst that can happen is you get a “no,” but just think of the possibilities if you get a “yes!”

  • Take Your Trials as Blessings Undisguised

My thinking on making mistakes (which you will) is: you can either wallow in them or use them as lessons to move forward. The latter has changed how I do business, and has helped me recover faster when I do make errors in running my business.

  • Don’t Be Shy About Asking for Help

You’ve heard the saying “it takes a village…” and that applies to running a business. You can’t do it all on your own, so don’t even try. Help might come in the form of hiring an employee or even asking your kids to file folders. You’re not Superwoman, so build a team that can help you succeed.

  • Build a Network of Advisors

This goes with the asking help tip. Having an amazing group of advisors can help you grow your business faster. Look for people with skills in areas where you’re weak, whether that’s marketing, finance, or growth. Meet with them regularly and pick their brains about how you can make smarter decisions for your company.

Five Years In

Once you’ve passed the hard part of starting your business, the advice changes.

  • Make Your Business About Your Customer

By now, you’ve probably found your niche and really owned what you do. Take it one step further and put the focus on your customer. It’s not about you and increasing sales; it’s about how you can help customers find solutions to their problems. This shift, you’ll find, will increase customer retention.

  • Empower Your Executive Team

You’re not the only person who can make decisions in your company, so make sure your executive or management team feels that you trust them enough to call the shots without you looking over their shoulders.

  • Reinvest into Your Business

Profit is great, but what’s better than putting it in your pocket is putting it back into the company. Invest in tools, training, and apps that will help your staff do more and help your business skyrocket.

  • Don’t Grow Until You’re Ready

Entrepreneurs assume growth is what every business wants, but in truth, you shouldn’t expand unless you’re mentally, fiscally, and physically ready. Otherwise, your expansion efforts will fall flat and you will run yourself ragged.

  • Over Deliver

Your customers have a certain expectation of your brand. Go beyond that and delight them! I truly love hearing from a customer that we went above and beyond. It’s our brand promise.

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About Grind Series

Who We Are... My Brother's Keeper Enterprises, LLC was created with the sole intention to provide professional assistance to those seeking to advance artistic passion. We believe your image is our business, utilizing innovation as our passion and personalizing service to remain connected to our heritage. At MBK Enterprises, LLC the goal is simple; Arrive at the finish line in the position your customers place you, in First Place for all their artistic needs. "First Place in Mind, Leading The Blind & Misguided!" -CEO Alphonso Fleming Jr. Contact Us for more information on what we do and the services we provide: Info@MBKEnterprisesLLC.com
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