We live in a very different generation to most of our parents where it is less common for individuals to be hired straight after finishing their degree and then working in that job until their retirement. Most individuals nowadays are either working for someone but have been moving around through different companies either in a similar role or have changed careers altogether, some are fully running their own businesses and others are working for someone but juggling multiple hustles. The current generation is definitely multifaceted.
However, transitioning into running your own business can often be glorified as the saviour one is looking for when running away from slaving away for a company that barely appreciates you. So often most businesses will fail because they underestimate the work that needs to be done to ensure that the business stays running successfully.
We have put together a to-do list that has helped us create the right culture into ensuring our business remains progressive and successful:
Teamwork makes the dream work
Starting and running a business from scratch is all about the people. Remember, even as the most brilliant founder, you cannot do it all. So the initial challenge is to find the right people for your team. A great team is able to keep well ahead of the curve in a competitive and very dynamic business environment. It takes time to find the right people but it’s worth the effort. It’s important to have the right team for you to build the right culture.
Motivate & Delegate
Enable the team to take risks and overcome challenges by giving them the motivation to innovate on-solutions. Once the members of your team are successfully being able to do and accomplish tasks given to them, give them the mandate to own those roles and willingly delegate what needs doing. When you free your time, you teach your team that they are trustworthy and that time freed is room for you to secure more business.
Don't Compromise your hardwork
Hard work cannot be compromised in business and entrepreneurship. If you have an idea, start now and do something every day towards fulfilling your goal. You could start by writing it down and creating a daily plan that ensures the goal set is achieved.
Build A Loyal Customer Base and Team
Business is all about selling and customer satisfaction, so you should spend the first year or more focused on selling your product or service and building a loyal customer base. In addition, while running the business, focus on every customer and your team. Take care of them. When you look after both the business will certainly be a reflection of success both externally and internally.