All entrepreneurs are busy—pretty much all the time. That part is not likely to change. The essence of effective time management is maximize results with the time you put in—in other words, working smarter and not harder. These tips on time management for entrepreneurs will help you do just that. DoRemember the 80/20 principle, which says that, on average, 20% of a business’ clients make up 80% of their sales. While mundane tasks like keeping up the books and ordering office supplies need to get done, the 80/20 rule says it’s smarter and more cost effective to outsource these tasks…
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If you’ve ever started your own business, you know that there are—or at least seem to be—an endless amount of steps to take to get your business up and running. If we listed them all, this blog post would quickly turn into a book! In this post, I am taking for granted that you already know what services or products you want to offer and how to finance your venture, and are ready to get the ball rolling. The following is my small business launch checklist. 1. “Paperwork”All small business owners need to go through the “paperwork” process of starting their…
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If you’re an avid blog-reader or have ever started your own blog, you’ve probably heard of WordPress, the most popular and arguably most practical blogging platform available. What you may not know about WordPress is that it’s not just for bloggers; it’s a popular platform for small business sites and is even the platform behind huge corporate websites like eBay and Forbes. 1. User-Friendly Yet AdvancedWordPress is one of the most popular platforms for beginning bloggers as well as small business owners who want to create a full website. The reason is that WordPress’ tutorials, themes, and multitudes of plug-ins…
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“Copy” refers to written information that will be published in a book, newspaper, magazine, website, ad, or on social media sites. Copy is a silent but powerful medium through which clients, prospects, and other businesses are introduced to and stay connected with your business. Without this written content, your business’ ability to represent itself would be limited to images, your brick-and-mortar store (if you have one), and personal interactions. As you have probably guessed, professional copy is an important part of your business! Many small business owners are experts in their own right, but few are also talented, effective…
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If you’re anything like me, you’re an ambitious entrepreneur who—at one point or another—has felt sure that no one else can do your work better than you. Or that if you just work a little harder and a little longer you can get it all done. I have news for you: if you want and expect your business to expand, thrive, and be successful and sustainable, at some point it will (and should) become too much for one person to handle alone. Growth is great—burnout and overwhelm are not. Here are 6 signs that it’s time to outsource your work…
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Blogging isn’t just for emotional college kids and foodies any more! If you are serious about taking your business to the next level, you need to blog regularly via a professional, polished business blog. Here are my top 3 reasons why. 1. Blogging Makes You Visible OnlineConsistent blogging populates the web with your business name, the types of services you offer, and topics that appeal to your target market. This is important because when clients and other businesses conduct searches for these things, the likelihood of your business showing up in search results (and earning high rankings) goes up the…
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The impact social media has on online retails sales grows greater each year. While social shopping and sharing may only lead to a small percentage of sales, the number of sales is growing. Additionally, social media clicks, referrals, and shares accounts for more retail traffic than any other online route. Let’s take a look at the numbers to better understand how social media marketing and networking impacts your business. Facebook is the leading social commerce platform It is responsible for 50% of all social referrals and 64% of total social revenue. It is the #1 social platform for sharing articles,…
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In today’s unpredictable economic climate, it’s more important than ever to put your clients first. Your clients ARE your business, so offering them real value is essential to the long-term financial stability of your business. Additionally, clients who do not feel valued themselves will not spend their hard-earned dollars on your products or services—period! Here are three big ways your business can put clients first. [Tweet “Clients who do not feel valued will not buy your products or services—period!”] 1. Meet Their NeedsInstead of racking your brain for new ways to improve your product or service to turn a better profit,…
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Despite the growing popularity of virtual assistants and employees, many business owners have never even considered hiring a virtual assistant because of budgetary fears, a desire to be the only steering their company, or one of many other reasons. The truth is that partnering with a virtual assistant can not only increase profits but can also offer you even more control over your company’s future. While US-based virtual assistants charge higher hourly rates than you’d pay an in-house employee, they also work less and work faster, so in the end you’re paying less money for better work. A virtual assistant…
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I learned a long time ago that I am the type of person who needs to exercise every day. I tend to be a workaholic, so exercising is something I need to do to keep my life balanced. It has been a life saver for me. I have always started my day with a workout routine, mostly a combination of weigh-training and aerobics at home. My body responds very well to this type of exercise–until it doesn’t anymore. This usually means that after a few weeks or months, I would injure my knee to the point where I am not only unable to…
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