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7 Success Hacks for Budding Entrepreneurs

7 Success Hacks for Budding Entrepreneurs

Being your own boss can be both fun and rewarding but don’t let anyone tell you it isn’t hard work. Several years back I started my very first business, and the memories are still as vivid today as when it happened.

Indeed, I can recall the feeling that I had after filing my articles of incorporation with the Secretary of State. It was like, ‘So now that it’s official, what do I do now?’ Fortunately, I was very lucky to have made mistakes early enough to catch them and make my corrections. But it wasn’t easy. However, the good news is that today I’m going to let you know everything I wish I’d known then about what to do after starting a business. Let’s get started!

After you officially launch your business, it won’t be long before you find yourself wondering what to do next. If your launch is anything like mine, the weird thing about trying to map out a game plan isn’t necessarily that you don’t have anything to do. You might even find that there’s so much that just trying to decide what to do first triggers analysis paralysis.

If I could do it all over again here’s how I’d tackle my new business checklist.

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1. Ready Yourself for Growth and Success

While on the face of it managing growth might either

a) seem like a great problem to have or

b) like the type of problem that you only worry about when you’re actually facing it.

Nothing could be further from the truth! In fact, the irony of it is that quick, unexpected sales growth could be just as detrimental to your business as no revenues at all! If it all sounds a bit far-fetched, consider this news from one of the most widely recognized business publications in the world – the Harvard Business Review – which cited the inability to handle growth as one of the biggest problems faced by new businesses. To support this observation, they referenced several examples of startups who hurt themselves by not responding adequately to the unexpected growth.

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Here’s what you need to know about growth hacking for the unexpected.

If you haven’t already done so, you’ll want to be 100% certain that your method of production can be scaled; this applies both to companies who supply products or services. One way you can tell if you’re sufficiently capable of handling rapid growth is to ask yourself if your current production process could withstand 100 more orders – should they come in right now. If the answer is no, then you know that you need to scale your production procedure.

2. Have a Sales Team in Place

If you run a sales driven company, it’s critical that you find ways to generate sales – day in and day out. Without a doubt having a knowledgeable sales force in place to close deals is one of the best ways to achieve regular sales.

3. Become an Expert in Your Market

If you have a sound understanding of the fundamentals that drive sales for your industry, you’ll be in a position to stay a step ahead of the competition. One way to do this is to stay plugged into what’s going on in the industry. Of course, if you have an internet connection, it is remarkably easy to follow the trends that matter.

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While not everyone wants to prepare themselves to be ready for the worst, so many new companies go out of business because they weren’t ready to experience success.

4. Don’t Over-Rely on Your Company Launch for Sales

It’s so easy to adopt the mindset that your launch buzz will follow you into the post-launch phase. However, remember that this does not have to be the case and it usually isn’t. In fact, after that first round of PR wears off, you should prepare yourself to fight for every second or word of publicity that you receive.

Sadly, that initial buzz will wear off quicker than you think, so be ready. Another thing is that the sooner you internalize your new business’s Unique Selling Proposition (USP), the faster you can position yourself for long-term growth. Here are some things you can do to keep the sales rolling in longer after your initial launch.

Hire a professional sales person. Thanks to sites like Upwork and Freelancer, finding top sales talent is closer within reach than you probably thought. Nonetheless, it’s critical that you remember ever to be on the lookout for good talent in this area, as you never know when you may need to hire another sales person. Upon finding your sales pro, be prepared to train and equip them with a realistic quota.

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5. Maintain a Positive Outlook

Once you fully transition from being a startup to being a full-fledged business with a track record under your belt, it’s important that you maintain your enthusiasm. Why? There will be days where things simply don’t go your way and when they come it’s essential that you meet them head on.

6. Consistently Seek New Networking Opportunities

While you may have a core of customers that keeps the gears churning for your business, you never want to rely on them as you never know when they might disappear. The key to not being too dependent on long-standing customers is to acquire new customers on a regular basis.

So let this be a reminder always to be selling. But it won’t happen unless you make sales the focus of your business. And remember, it doesn’t matter how much success you’ve already achieved, so long as you intend to stay in business, you should always be bringing new customers onboard.

7. Additional Considerations for Your Startup

  • Connect with Like-minded People Online: Building a business can get lonely sometimes. Things can get so quiet that if you’re not careful, you could find yourself drifting into depression. One way to offset this is to find a community of others in your field that you can reach out to when you want to talk. An added benefit of employing this strategy is that it can sometimes help you find new customers as every now and then you may stumble across someone who refers you business because they’re too busy to take on new work.
  • Banking: Banking is something that you want to establish even before you start your business. If you haven’t already had an opportunity to build a banking relationship, now is the time to do so.
  • Decide Whether an Office is Necessary: Unlike years past where not having an office meant that you might not be taken seriously, in the present day and age, many businesses opt for a virtual presence. So depending on your market, a physical presence may not be necessary. However, if you work in an industry where your audience expects you to have a storefront or physical location, just know that there are options. For example, if you’re on a shoe-string budget, you can rent a shared space or something similar.
  • Establish a Web Presence. If you’re still using a free email provider for your email address, please stop as this is one of the best ways to brand yourself as a newcomer. Instead, get a branded email. They are now easier than ever to get and are often very affordable. The same can be said of your website. If you don’t already have a site, go ahead and build or order one now. In fact, even if you’re low on funds and don’t possess web design experience, starting a website has never been easier as most website builder platforms allow you to drag and drop.

There you have it. While this list certainly wasn’t meant to be comprehensive, it at least covers the key areas. Armed with this list of ‘to dos’ you should now have a clear idea of what to do next.

Featured photo credit: readbrightly.com via readbrightly.com

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Last Updated on October 22, 2020

2 Transformational Ways to Spark Your Creative Energy

2 Transformational Ways to Spark Your Creative Energy

Good things come in twos: Peanut butter and jelly, Day and night, Fred Astaire and Ginger Rogers. The same is true for what sparks our creative energy: our thoughts and actions.

Creativity is an inside job as much as it is about a conducive schedule, physical environment, and supportive behaviors. By establishing the right internal and external landscape, creativity can blossom from the abstract to the concrete and we can have fun along the way.

Sparking creativity is all about setting up the right conditions so a spark is ignited and sustained. The sparks don’t fizzle out. They are allowed to grow and ripen.

Think of a garden. Intention alone will not produce the delicious red tomato nor will the readiest seed. That seed needs attention at its nascent stage and as it grows a stalk and produces fruit. If we want to enjoy more than one fruit, we keep at it, cultivating the plant and reaping multiple harvests.

Creativity lives in each of us like seeds in the earth or encapsulated in a nut. Seeds of ideas, concepts, designs, stories, images, and even ways of communicating that surprise and delight await activation.

By sparking our creative energy, we activate these unique seeds. Like snowflakes, they are of a moment and always without a match. The smallest sparks encourage even the smallest, most dormant seeds to sprout.

The good news is that our creative energy wishes to be sparked—to be invited to play. It wants to be our regular playmate.

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1. Be Childlike in Your Thoughts, Attitudes, and Approach

Being childlike in our thoughts, attitudes, and approach is an easy way to internally have our thoughts be gracious prolific gardeners to our creative energy. If we want it to come out and play and hang around as our regular companion, then let’s return to our 5-year-old selves.

Our childhood selves are naturally curious. We still have that curiosity! All we have to do is remind ourselves to get curious. We can do that by simply observing and being with what is in front of us instead of making up a story about what won’t work or why something can’t be done. So, it’s about cultivating curiosity instead of jumping into judgment.

Move Your Inner Judge to the Sidelines

When we get curious, creativity percolates and, ultimately, takes its place in the world. To give a hand in choosing curiosity over judgment, we can move the judge that also lives inside us to the sidelines. The judge squashes our creative urges, even when they are as small as sharing a point of view. It’s that pesky voice that causes us to doubt ourselves or worry about what others will think.

The judge is also risk-averse. The judge likes things to stay the same. Change makes the judge nervous.

Creativity is all about risk and changing things up. It needs risk, even failure, to be its naturally innovative, dynamic, impactful self. The judge likes to convince us failure is something to be avoided at all costs.

To move the judge to the sidelines and let curiosity reign, we can pay attention to who we are in conversation with and who is calling the shots.

Is it the voice of fear, doubt, or anxiety (the inner-critic—the judge’s boss)? Or is it the voice of wisdom, courage, strength, and non-attachment, and of course curiosity (the inner-leader)?

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We can easily tell the difference by how each makes us feel. The inner-critic depletes and slows us down, putting roadblocks in the way. The inner-leader energizes and a natural rhythm develops.

It’s all about who we spend time with. If we wish to exercise, we will seek out our friends who go to the gym or hike. If we want to lose some weight, we will opt to eat dinner with someone who prefers a healthy spot over fast food.

After getting curious, we can honor what our curiosity prompts us to do. The spark can do its job and a fire starts to glow when commitment enters. Our childhood selves were fully committed to being creative. That level of commitment is still something we are very capable of exercising!!

Again, we need to let go of the judge. We can ask ourselves, what do we want to commit to—negativity that depletes our creative energy, depth, and output, or the understanding that our thoughts and attitudes matter and that right thoughts and attitudes are the sparks that really let our creativity come alive?

Learn to Recall Your Childhood Self

To get in touch with that unabashedly committed childhood self, recall your childhood self. If you have a picture, pull one out. Keep it around so you can remember to activate that innate creative nature that was prominent then and wants to be prominent now and always.

Soak in the essence of that being. Commit to their commitment to brave and dogged trial and error because it is yours as well. You are that person.

Remember how tenacious you were when you wanted to build that sandcastle. You kept at it as the waves came in. You built with fury or reconfigured the walls. Also, remember that there was a willingness to fail since you were as invested in the process as well as the outcome—but less with the outcome. You were willing to experiment and start again. There was vitality—the main lifeline of your creative energy—instead of a rigid attachment.

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When you notice you are in conversation with your inner-critic or being held back by it, simply acknowledge, name it, and then switch to your inner-leader by taking a few good deep belly breaths, rubbing two fingertips together, or listening to ambient sounds in the background.

Physical movements shift our negative thoughts over to the positive domain of the inner-leader. As our judge continues to sit on the sidelines, our ability to quiet the inner-critic becomes stronger. We taste freedom. A simple taste emboldens us to say no again to the judge and yes to what makes our hearts and spirits sing—our creativity.

We begin to spark creativity to the point it no longer needs to be invited to play. It becomes our regular playmate—the younger sibling or the kid next door ready to have some fun, maybe even make some mischief by shaking things up.

When we align with our inner-leader and think and act from its promptings, creativity flows up and out with ease, as it needs to!

Letting those initial sparks generate a creativity fire that keeps burning is something we can all do! That’s the inside job.

2. Listen to Your Inner Leaders of Creative Energy

If we listen, our inner-leaders will let us know just what we need to set-up and do in our physical world to maximize that gorgeous, hungry creativity we now have flowing freely in us.

The seed has been unlocked! So, now what?

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To enable our creative energy to take its form and place outside of us, there needs to be spaciousness! Spaciousness in our physical worlds impacts our internal one. It lets the voice of the inner-leader be heard. It lets creativity have room to be sparked and acted upon.

With a little discipline, we can easily create spaciousness in our daily lives—spaciousness that will spark our creativity and let it take shape.

So, no matter who you are and what conditions help your creativity thrive, check-out these easy-to-implement basic suggestions:

  • Reduce or eliminate multi-tasking.
  • Say yes to what matters and what aligns with your big values and goals.
  • Say no to all else.
  • Say no again.
  • Schedule time in your calendar as you do with other things in your life to just be, to ponder, to let ideas percolate, and to create.
  • Spend time doing the things that bring out your creative energy. It could be walking, singing, or simply looking out the window.
  • Meditate.
  • Breathe—long breaths in and long breaths out through the nose.
  • Invite your body and heart into your experiences so your mind is a part of you and not all of you.
  • Try a new thing to spark your creativity. If you spend time running, try a different route. If running feels stale, cruise around a museum, or go for a bike ride.
  • Play a game. Indoors out or outside. Think of what makes you happy that you haven’t done in a while. Is it a physical game like badminton or cards? Maybe it’s storytelling? Play is creative, and it sparks the creative energy, too.
  • Spend time in the places that bring out your creativity. What spot in your home could be your spot for entering into that mode? Do you need to get out? Maybe a park bench is the right spot, with a book of poetry, or even nothing at all.
  • Spend time in nature. Nature brings us to a place of calm and awe and through that our creativity is easily sparked.

Final Thoughts

These are all habits—habits of mind and habits of doing. Experiment with what works for you. Have fun. If you give even 50% to altering your thoughts and actions, then you will begin to spark your creativity. It takes a lot of curiosity and commitment, but it can definitely be done.

Our innate creative energy is a deep source of all that we seek—joy, connection, renewal. It deserves and looks forward to the changes you will make that will let sparks fly and ignite!

More Tips to Spark Your Creative Energy

Featured photo credit: Kelly Sikkema via unsplash.com

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