It’s important to understand the gravity of effective communication in business, then build a culture around it. Putting great communication at the center of your business is the greatest way to ensure success.
Why do smart, hard-working people with good intentions crash and burn? It’s often a combination of factors, from co-founder conflict to funding issues and execution struggles. But at the core of it, businesses fail for one fundamental reason: they can’t sell their stuff.
Uncertainty is important, but what it really boils down to is a reduction in the amount of control you feel you need to possess. In other words, if you concentrate on your expertise and the various other things that are crucially important to you (your core values), everything else will come together.
You have heard that to succeed, you just need to work hard, study hard, learn a lot. But there’s more to it than just that. One very important element is to surround yourself with people you admire. It takes people skills to surround yourself with people you admire but these are skills which can be learned.
In a time of emoticons, abbreviations, and 140 character-count replies, a three-paragraph email is the equivalent of “War and Peace.” But communication is a vital part of office life, whether you’re a lab technician sharing results or a human resources staffer announcing a new wellness program.
You may be an ambitious and energetic person planning to start on your own. But ambition and energy alone aren’t sufficient to take you to the next level. I have met, observed, and studied several entrepreneurs. I have found that they possess some specific traits that played a key role in the eventual success or failure of their businesses.
When I started out my own business, I made so many mistakes. A year and a half later, the company’s revenue has increased by over 300% and my personal profit has increased by more than that. Want to know the reason? I did two things: I raised my rates and got pickier about the clients I work with.
Money management is one of the most important skills a young person can develop. Unfortunately, many people lack even the most basic money management skills for one reason or another. The below books are a list that every 20-something should read.
Small Biz Club is the premier destination for small business owners and entrepreneurs. To succeed in business, you have to constantly learn about new things, evaluate what you’re doing, and look for ways to improve—that’s what we’re here to help you do.