The Entrepreneur Blueprint Article: Six Concepts that Apply to Everyone Looking to Grow a Business
The purpose of this article is to show that a formula does exist for growing any kind of business. There are several âcommon denominatorsâ that successful entrepreneurs use (sometimes unknowingly) to push their companies, and themselves, forward.
A couple things to note when reading thisâfirst, donât let the word âentrepreneurâ throw you off. Itâs a strong word and some people believe they are an entrepreneur and some people, even if theyâre trying to grow a business, might not feel comfortable using that word. A lot of people in real estate might not call themselves an entrepreneur, but they are definitely looking to expand their business. So if youâre looking to grow a business, this applies to you.
Also, this article is meant to lay out the road map. Business shouldnât be a confusing, mystical, strange thing where people donât realize what leads to success in the growth of companies, or any kind of business. Many, many successful entrepreneurs and business owners do the exact same things. Thatâs something weâve learned over timeâa lot of the other business people that we follow on social media, or people that we know in personâwe all do the following things:
The Reading/Learning List
Many people weâve met over the years and other successful business owners we follow have a list of their favorite books. It could be related to mindset, it could be marketing, it could be technical stuff in their industry. But there are a lot of common books on many peopleâs lists: âThe 4 Hour Work Week,â by Tim Ferriss; âThink and Grow Rich,â by Napoleon Hill; âThe 7 Habits of Highly Effective People,â by Stephen R. Covey. Do the reading, because you need to learn this stuff.
Goals on Paper/Business Plan
Itâs been shown many times over that you are more likely to make any kind of goal happen if you actually put it down on paper. It can be a regular piece of paper, it can be Evernote, it can be anything thatâs actually written out that you can refer back to frequently.
Get a Mentor or Coach ASAP
Seeking the help of any successful person is extremely important, rather than just going it alone and going into business blindly. A mentor can be a family member, someone you know in your community, an actual executive coach. There are great business coaches out thereâsome of them are inexpensive, some are very expensive, but finding someone who has already found success is a very important place to start. And the most important partâactually do what they say. There is a reason theyâve attained success.
Prepare to Change Mentally
Thatâs a strong statement. And it should be. The process of who you become, how you develop, how you evolve when learning how to grow a business, is a very powerful thing. Some people are prepared for that mental change and prepared for that to happen and are willing to evolve. And some people, frankly, are not. If you want to grow a business, your business is going to become only as good as you are. Your business is an extension of you. So however good you become is how big and awesome your business can be.
Constant Beta Mode (Evolve)
Thatâs a term I picked up from an article years ago, and the guy was describing his company as being in âconstant beta mode,â a constant state of change, testing, and improvement. A lot of times you want to think, âwhen we get to this point,â âwhen we get to âxâ amount of revenue,â or âwhen we get to âxâ amount employees,â then weâre there, weâve made it. But there really is no, âok weâre there, weâve made it.â Itâs going to change forever. Thatâs a tough thing to swallow for a lot of people. Itâs a little daunting to think that youâre going to be in constant beta, always changing and improving. But in ten plus years in business, thatâs exactly what weâve found.
Stay Hyper Focused on What Works
Stay disciplined and diligent about what really brings in the dollars and makes your business run. Always doing new things and changing different aspects around is important, but donât lose sight of what pays the bills, what gets the employees paid.
Follow the steps that many, many successful entrepreneurs before you have taken instead of reinventing the wheel. Please donât think that these things donât apply to you. People always want to say that, âthat doesnât apply to me, that doesnât apply to my business.â Itâs a huge mistake to think that. Just do what successful people doâitâs going to take a lot of the guess work out.
Write a Comment