You’ve made a plan. You’re excited and doing everything right. You’re consistent and you’re taking the advice from experts in the field. But then month after month your business strategy doesn’t work and eventually, you give up.
This is a super COMMON problem for entrepreneurs. And it happens when young entrepreneurs copy and paste what is supposed to work into their business strategy and then don’t adjust it far enough when it’s not working.
Select Internationalwrote an excellent blog post about what successful companies do in order to retain top level talent.
The five things they are suggesting are:
To create an environment that makes your employee feel like they matter, like the work they do has an impact.
Make the expectations and goal of your business crystal clear. This really helps them see their purpose!
Develop the workplace to be one of open and honest communication. Your employees should be able to take feedback and so should you!
Provide opportunities for growth.
Give recognition to hard work.
While I agree that every single one of these points are important to the success of your employees and therefore your business, I really want to focus on one point in particular.
Provide opportunities for growth.
Training employees is going to be one of the most essential things that you do as a business owner that wants her excellent employees to remain excellent. Missing this piece is one of the fastest way to turn a talented worker into a burnt out, ready to move on, worker.
You’ve started your own massage therapy business and you are looking at marketing options to increase your client list. You’ve likely been told to hit social media marketing hard and to start with Facebook marketing.
Starting your own massage business can be overwhelming. There are a lot of moving parts to manage and chances are you’ve put a lot out on the line. So get started on the right foot with these 10 steps to start a massage business.
Increase Customer Retention through Engagement Monitoring
Usually when you’re being advised on how to increase customer retention, you’re going to be told at least one of two things.
The first, is to have an amazing product that’s worth sticking around for. The second is to have great customer service, helping your customers when they run into problems.
Having a great product is important. It’s what’s going to interest clients in the first place. But, it’s not necessarily going to be the number one factor that keeps them there. Customer service that is actually helpful to your customer is important too. But using this as a tactic to stop a customer from leaving limits the action you take to only happen when customers come to you.
Now, of course, these are both areas you need to be investing in, however they’re simply not enough.
Everything in the world seems to have it’s cycle. It’s pattern. It’s beginning, middle, and end. This includes a product or service that business offers. We call it a product life cycle.
A product or service’s life cycle can typically be broken down into five stages.
These stages might vary in what they look like exactly depending on whether you are offering a product or a service. And then they will differ again based on what exactly that product or service is. For the purpose of our discussion today, though, we will refer to products and services both as the product.
Why the Product Life Cycle Matters to You
Understanding product life cycle stages is important to the growth of your business because it should be influencing your marketing strategy. It’s kind of the bread and butter of how to outline when and how you should be marketing your product.
Procrastination is the silent but deadly killer of productivity in the work place. Chances are you procrastinate something every day. The problem with procrastination is that it can grow to overwhelming heights and kill your business’s growth.
You want your business to do well, so honestly ask yourself, “am I a procrastinator? Am I or my business slowly becoming another word for procrastination?”
If the answer is yes, which it probably is since you are reading this blog, the first step to recovery is identifying the problem. So, let’s look at four key causes of procrastination in the work place so that you might start to repair them at the root. Continue reading “Causes of Procrastination in the Work Place”
Entrepreneurship is a wonderful and worthy life goal. However, as most business owners would agree, it can sometimes be difficult to balance your time between what can be dubbed busy work, truly moving your business forward, and having a life outside of your work.
Since we live in a digital age with communication and information literally at our fingertips at nearly every moment of the day, it’s no wonder you can feel like you’re being productive when your time is actually being eaten away by distractions and less than success building tasks.
Build a Better Business Through Effective Time Management