Are you a newcomer to the market in 2019 and looking to take your brand to the next level? Want to be the next big challenger brand? Our advice. Take action.
Running a business
Running a business is not for the faint-hearted and it’s well-known that entrepreneurship is inherently risky. The most common reasons small businesses fail include; a lack of capital or funding, retaining an inadequate management team, a faulty infrastructure, and unsuccessful marketing initiatives.
Taking Big Risks
Most people are not willing to take big risks with their business’, however, there are strong studies and positive links between willingness to take risks and personal satisfaction. Founder and CEO of Amazon Jeff Bezos says: “I knew that when I was 80, I was not going to regret having tried this…I knew that if I failed I wouldn’t regret that. I knew the one thing I might regret is not ever having tried. And I knew that would haunt me every day.”
Results and Action!
Results will not come to your business without taking action – this isn’t going to reap you the results you desire. If it has any effect, then it is most likely to be negative. It’s important to remember that great people achieve great things through hard work and dedication. All businesses take risks in some form every day, and entrepreneurship overall involves many bold decisions. You must be ready to make these decisions every day before deciding to start any business if you want to grow and be successful.
Capacity for Growth?
Does your business have the capacity for growth? Ask yourself, what is holding you back in achieving your goals today? Have you ever heard the infamous phrase ‘All good things come to those that wait’… I would strongly disagree. Consider this – whilst you are waiting for your big break, or sitting and waiting for cash to invest…contemplate that the competitor down the road is taking big actions to make this happen for their own business right now – impacting your business negatively daily.
You are losing valuable and long-lasting customers, detrimental effects to your business. For more information on how you can take action today contact me and we can discuss your goals.
A “wise” man once said ‘look after the pennies, and the pounds will look after themselves’. Have you ever considered that saving is worthless to your business? Commit, take action and invest – this is the only way you are going to gain momentum, outgrow competitors and scale. If you could spend a penny and get a pound back would you?