I’d like to share 5 lessons I’ve learned, that I wish I’d learned in college — or much earlier on in my business career. These five things have had the biggest impact on my success so far in my small business:
1. Stop Being a Control Freak
Learning the fine line between giving direction and delegating is one of the toughest things for me. My natural tendency is to want to do it all myself. Of course, I can’t
2. Build Incrementally
Start small, spend as little as you can, and build on early successes. Quickly dump the stuff that doesn’t work out.
If you take this approach, your risks of going down the wrong path and spending lots of development time and money on offerings that fail, will be minimal.
3. Think About a Business Problem the Last Thing at Night
You see, your subconscious mind works while you sleep. Thinking about a business problem the last thing at night is how you harness your subconscious to work on that problem.
Sometimes I literally will wake up with the solution — or easily think of several potential solutions the next day.
4. Treat Your Computer Systems Like a Factory Production Line
For millions of business owners like me, our computers are the biggest set of business equipment we have — and they’re crucial. Without a computer system, I cannot operate my business.
5. Pretend you Have an Accounting Department
Everybody in business hears the standard advice about the need to track and understand your financial numbers. Unfortunately, that kind of advice is easy to give, but hard to follow.
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