Monday, November 7, 2011

Things you Need to Grow NOT merely Run Your Business?


Many business owners run their businesses well but that does not necessarily mean they're growing their businesses which means they're still working ''IN'' not ''ON'' the business.
It is crucial for oneself to  grow the size of his business to create more free time for himself and spend with his family or simply make more money from the business  he needs to change his mindset from''small'' to ''Big'' business mentality in which he can have fun while the business runs smoothly in his absence and for this to happen you can start by doing the following:

1)Think Long term,Think BIG.
Vision is the 1st thing any small business owner  needs to have in order to grow his business beyond its current limitations and boundaries to the point where it functions well without him.Raise your Standards and see how you want your business to look like 1,2,3 and 5 years from now and base your daily activities around that vision.


2)Hire great people and set them Free.
As long as your business depends on you to run it,you won't be able to grow it REALLY BIG! since for how long will you be there to run it and can you do everything on your own once it grows.you need to learn to delegate and enable your employees to run the business on their own gradually till you can stand aside and observe the business running without your interference.


3)Create Win/Win Systems.
You get what you reward and if you reward productivity then that's what you will get from your employees and if you don't then you won't get any!.


4)Embrace change.
What determines your success is not merely how well you manage the business in good times but How well you manage it in the bad times.Things change and for you to be able to keep growing the business you must adapt to any changes happening around it in the  market place,the culture,the legal issues,etc.



-Richard Branson on Thinking Big
http://www.entrepreneur.com/article/219938
-A S.Y.S.T.E.M.
http://www.entrepreneur.com/article/205760
-Build Your Management Team
http://www.entrepreneur.com/growyourbusiness/howtoguides/article83618.html
-Richard Branson on The Business of Sustainability
 http://www.entrepreneur.com/article/220496

-Steve Jobs and the Seven Rules of Success

http://www.entrepreneur.com/article/220515

-RichDad Company
www.richdad.com

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