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25.07.2014
Individuals are constantly improving themselves by identifying their poor habits and then changing them. Jacqueline MaddisonJacqueline Maddison is the Founder and Editor-in-Chief of Beverly Hills Magazine.
As an entrepreneur you are often required to wear many hats, especially when you start your business. Self-development and self-care is very important, not only for the mind and body but also for your business. As an entrepreneur you should always be looking to learn, to soak up knowledge so that you grow and your business grows with you.
A mastermind related to business is a group of people who come together, share common goals and work together to achieve these goals. Whilst self-education through books, workshops and e-courses is highly recommended, having a coach often takes your business to a whole new level and often much faster.
HELLO LOVELYThe Female Entrepreneur Association is an online hub with the mission of inspiring and empowering women from around the world to turn their ideas into a reality, build successful businesses and live a life they love. Business Innovation is a book showcasing businesses that have introduced an innovation in their sector that has either helped them make or save money, meet customer needs in a new way, improved efficiency or reduce the businesses environmental impact. Contributors to Business Innovation will also be automatically entered into My Entrepreneur Magazines Business Innovation Award 2016. Don't miss out on some of the world's most inspiring and life-changing success books.  Sign up to our fantastic newsletter. Sadly, this attitude is rarely applied to businesses; which is unfortunate because a business should be treated as a living, breathing entity as well. You may have started your business with big goals and even larger dreams, but time has progressed and the daily complications of running a business may have distracted you from these goals.
Next you should identify where your business is most weak so you can focus your efforts on improving that area. The most common problem we witness when consulting with businesses is a lack of follow through.
Regardless of what your business does, getting the word out and marketing are crucial to your business’s continued survival and success.
Along with marketing your business by personally socializing with others, a strong online presence is crucial for your business’s continued success. Small business owners feel that they must be included in or constantly overseeing every aspect of their business.
I always explain to my clients that “it takes money to make money.” Now this doesn’t mean to go and suddenly spend thousands of dollars on a new printer when you own a restaurant. Imitation is the sincerest form of flattery, and often the most successful way to grow your own business. Contact Barrington Legal for expert, personalized business guidance from experienced attorneys. All of a sudden you are a bookkeeper, a marketer, a sales person, a production worker, etc.
They hold each other accountable, harness the power of the group and gain considerably more momentum than they would on their own. A mastermind is invaluable as you are part of a group which means that you have more than one person to learn from and a good mastermind is led by one of more coaches that have successful businesses. All successful entrepreneurs have mentors, they learn from those who have walked the path before them and often contribute having success to having a good mentor. I love and recommend reading books by people who have successfully built and grown their business. She helps entrepreneurs and small business owners who are passionate about their businesses do more business with marketing & social media.


Contribute a chapter to the book Business Innovation and be entered for My Entrepreneur Magazines Business Innovation Award 2016.
It will be marketed worldwide through Amazon, iBooks, Google Books and the publishers website.
A co-authored guide to stepping off the corporate hamster-wheel and living a fuller, more rewarding life. Though you may be familiar with the essentials for an individual to survive—food, shelter, and clothing—the essentials for the survival of a business are not nearly as clear.
But, herein lies the tricky part: being able to identify a weakness is difficult for most business owners, because it often feels like admitting defeat.
Reconcile these two lists; that is, you must determine what you can do to improve the weaknesses so to reach your ultimate goals. People are always excited to fix their business and create a fantastic plan, but never follow through with their plan. In today’s market, your website is often more powerful than the brick and mortar storefront. Rather, identify where your business makes most of its money by examining your sales or profits.
There is usually a reason that your competitors are succeeding and you are still struggling. The better mastermind groups generally include group coaching, one-on-one coaching, structured learning, social activities to encourage group interaction and a discussion and inspiration forum.
Online courses are great because you can go at your own pace and are not required to attend classes at a specific time or location. She is the creator of the Ostrich Guide to Social Media, the ultimate step-by-step DIY guide to using social media in your business, and the founder of the Have it All Academy. Written by people that have successfully made a break for freedom, How To Escape Your 9-5 And Do Something Amazing is your freedom manifesto. Therefore, we have compiled a list of what we believe are the Top 10 tips for strategically growing your current business’s profitability. The business owner is typically too close to the operations to even notice what the weak area is. This is truly the difficult element in improving your business, which is why many seek the guidance and advice of business consultants and attorneys.
If you can create a strong internet presence, you will not only reach more potential clients and customers, but they will also subconsciously respect your business more.
Being able to objectively examine your competition and identifying their strengths is the surest way to improve your own business. They have all had mentors and continue to surround themselves with inspiring and knowledgeable mentors. Think of people like Richard Branson, Natalie MacNeil, Lisa Messenger, Sophia Amoruso, Ariana Huffington etc. Offline courses are great because you do get out of the house and you get to interact with others. We have come across businesses in all sorts of industries, but seem to notice that the ones suffering share the same problems. Clearly outline what you want to accomplish in the next month, in the next year, and in the next five years.
Therefore, we suggest stepping back from your business, dropping all bias and emotion, and examining it from an outsider’s perspective.
Meet people both in and out of your field and talk about your business as you would about your child.


Learn to work with and hire competent individuals that understand your goals and can accomplish them without your constant involvement. Then, divert the money you are investing in the losing area into the area that is actually profiting. There’s no better and more accelerated way to business success than learning from those who have walked the path before you.
See what works for you, the comfort of doing it from home or the fun and interaction in a classroom.
Following these simple suggestions will help place your business back on track and result in greater success. These goals do not necessarily have to be strictly related to financials either, they can include new directions or ideas you may have for the future of your business. Once you have been completely honest with yourself about what your business’s weaknesses are, write them down.
Sometimes it is as simple as devoting more time to that area, while other times you may have to admit that there is no solution and determine how to continue your business without the anchor that is holding you down. Set aside an hour a week to make sure that you are keeping up with your plan, that you are making progress towards improving your weaknesses and are closer to your goal than you were last week.
Often times the best leads and results come, not from socializing with others in your industry, but from people that can use your business to further their own interests. Upgrade your website and social media marketing—such as your Facebook or Twitter—so to create an appearance of success. For this to work, you must be able to identify your own personal strengths and weaknesses and be willing to delegate tasks that are not necessarily your forte. By strengthening the area of your business that has already proven successful, you are only strengthening the entire business. After learning why your competition is succeeding, try to adapt this information to your own business.
Michelle has created 7 short video tutorials to show you how you can create beautiful workbooks, worksheets and printables in a super simple way.
If done correctly, you should now have a thorough business plan that outlines your problem areas, the solutions to these areas, and how these solutions will accomplish your ultimate goals.
A symbiotic relationship between several other businesses and individuals will always prove successful.
Often the appearance of success creates confidence in your business that results in more potential clients or customers.
Once you free up your time to focus back on your own strengths and goals, you will notice an improvement in your entire business. This does not mean you should completely copy or steal another business’s model, but use their already successful model to further improve your own. If you ever notice something not working, refer back to your plan and try to identify the problem. To help you with that, this month we're focusing on planning the perfect 2016 and helping us with this is the amazing Amber McCue, founder of NiceOps. Examine every aspect of your company and create an exhaustive list of all of your business’s weaknesses.
I always advise my clients to remove all emotion from your business so it can operate smoother, but a little positive emotion pumped into the business won’t ever hurt.



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