Believing that you can create, launch, and excel in your chosen industry on your lonesome is an unrealistic way of thinking. Everybody needs help from time to time and;
‘Asking for help does not mean that we are weak or incompetent. It usually indicates an advanced level of honesty and intelligence’ – Anne Wilson Schaef.
According to Gallup, the majority of Americans want to start their own business. However, with over 50% of new startups collapsing within the first four years, running a successful company is never straightforward, and almost impossible to do without support.
If you need some direction, assistance, and expertise, here are a few allies you can lean on to help you move from creating a startup to developing a successful business.
According to the Federation of Small Businesses, to boost your business’s chance of survival, mentors are essential. For instance, if you want to start a company in the cannabis industry, it makes sense that you would use a relevant consultancy agency such as https://www.cannabisconsultingnationwide.com, to guide you on your entrepreneurial journey.
Having an advisor (or even two or three) you can regularly reach via email or video chat, will make it simpler for you to navigate the obstacles they have already experienced and overcome. To find a mentor, you can either ask someone you know or get started by Googling ‘Business Mentors’, with over 43 million search results, you’re bound to find the right advisor to suit your needs.
Recruitment agencies exist because finding people with the right talent and experience and linking them to the right role is no easy task. If you’ve experienced attempting to take on the responsibility of a recruiter, you’ll know it’s a difficult job when you have little to no knowledge of the process. To save yourself the hassle, hire a recruiter to source, screen, and hire the best candidates on your behalf. All you need to do is hand over your requirements, and they’ll start head-hunting, and rounding up a team for you.
Family and Friends
Often running a business, for many, is all-consuming. Before you know it, you’re canceling family birthdays, outings with friends, and your regular trip to the nail salon because you’re devoting all of your time to your company. If you continue this way, your business will arrive at a swift halt.
Breaking away from work and indulging in quality time with loved ones is essential for your wellbeing. The livelihood of your business depends on you being the best version of yourself, which is only possible when you feel connected with people, have fun, and take time out to take care of you. Spending time with people who care about you will make you realize what’s important and what your business is all for. Plus, having a few people in our corner, when times get tough (and they will) is never a bad thing, and sharing your business successes will be one of the best feelings in the world. Stay connected, don’t forget your family and friends, you’ll need them more than ever while you’re out there being the best entrepreneur you can be.
Marketing bridges the gap between your product or service and the customer, so it’s essential to get this part of the business right the first time. Because of this, you may want to consider outsourcing work to expert marketers to handle your social media presence, website, brand image and so on. Now and then, handing over some of your to-dos is necessary to free up time for you to focus on other areas of the business that need your attention. While your new marketeers are off brain-storming and devising an excellent marketing strategy, you can perfect your business’s service and products.
Further on along the line, when you begin making money from your business, you’ll want to source an accountant who can take care of your income. Namely, to make sure you stay on the right side of tax law, your cash flow is well-documented and healthy, and your income is being wisely reinvested back into your business. An accountant will keep on track of your financial progress across the months and years, which will help you to save an infinite amount of resources – such as time and, of course, money.
Oprah Winfrey, John.D.Rockefeller, and J.K Rowling didn’t get where they are alone – and neither can you. The scale of how big and successful your business can be will rely on multiple factors: your willingness to learn new things, take risks, and ask for help when you need it.