entrepreneur education – time to grow

Entrepreneur Education – Time to Grow

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An entrepreneur has the responsibility of making good decisions that aren’t based on

short-term solutions.

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Making good business decisions takes a great

deal of courage and discipline.


It takes strength to walk out of your comfort zone

where things feel familiar to a place of

uncertainty.


The cost of growth can be discomfort, fear and

financial investment – but the reward can possibly

make it worth it.


Five Signs it’s Time to Grow


Do you know when it’s time for your business to grow? There will be signs. If you have your

finger on the pulse of your business – you’ll feel it.


1. You’re run down and you feel too busy. There’s no room for

personal time in your calendar and perhaps there’s the feeling

of burden where joy use to reside. Yep this is what they call

“burn-out”.


2. The quality of your work is in danger of slipping and

you can no longer fill customer needs in a timely

manner.


3. You want or need to increase

income/revenue.


4. You’ve identified new opportunities in your market but due to time, financial and staff constraints you’re unable to explore

it. Another consideration a long these same lines is perhaps you’re turning down

new opportunities or business because you simply can’t accommodate them.


5. You’ve hit the ceiling – there’s no place else to go with the resources and time

you currently have. As human beings by nature we’re reactive creatures versus proactive – so sometimes it takes us

feeling a little pain for us to make tough decisions.


Treat a Little Business Like it’s

Big


I’ve uncovered a secret to entrepreneur success and I’m happy to share that with you. Treat your business, no matter what size it is, like it’s large.


Every entrepreneur I mentor I work to distill this mindset inside them. I know this from personal experience, that this mindset is

a game-changer.


1. I teach entrepreneurs to set up CRM databases and start

tracking their customers/prospects even if

they only have a hand full in the beginning.


2. Set revenue goals. Even if its a small goal its a great exercise to set a benchmark and develop a strategy to reach it. It should be enough that it’s something you have to reach for

– but be realistic and don’t set yourself up to fail.


5. Put a dollar sign on your time, decide how much money you want to make, break that down to an hourly

figure and then make sure that you’re creating the activity during the day that pays you. This will keep you off the profit-sucking hamster wheel.


6. No brown-bagging! If you’re unwilling to make financial

investments in your business, you’ll stay in the same place for a long time. If you don’t believe in your business enough to invest in it –

don’t expect others to either.


Have your finger on the pulse of your business so you know

when it’s time to make changes. When it IS time to make changes – do it. Don’t

sabotage your growth.


If you would like to read this post on my blog please go here:

http://perfectmarketingequation.com/entrepreneur-education-time-to-grow/



I hope you found this slideshow helpful in your business please visit me at perfectmarketingequation.com and download my Free Ebook that contains a step-by-step plan to grow a profitable business. The very strategy I use in my own business.

Tammy Hawk-Bridges is an author, entrepreneur mentor and marketing strategist. She provides education and marketing training for entrepreneurs. Connect with her on Twitter @thawkbridges.