
by NowSourcing.
Explore more infographics like this one on the web’s largest information design community – Visually.
Explore more infographics like this one on the web’s largest information design community – Visually.
It isn’t difficult with the present economy to find small business owners who are questioning their decisions and choices as a toll is taken on their finances. Many entrepreneurs are struggling to find their way to success and though the conditions are difficult, there are both challenges and opportunities in adversity.
Insurmountable odds that may cause some business owners to throw up their hands and quit, send others on a quest for ways to deal with the opposing factors. They have the resolve to keep going and to develop a method that will help them not only deal with present circumstances but will also help to avoid any future setbacks. Adversity has made these people stronger. Instead of looking the other way and pretending nothing is happening, they have accepted the challenge and began to put steps in place that will help them overcome any problems.
Adversity and Stress
Any serious challenge, whether physical, emotional or in this instance, financial, as it affects your livelihood, causes stress. It’s how you handle the stress that makes the difference. Staying up all night worrying, overeating, focusing on only a bad outcome – these are all good examples of how not to handle stress. Making reasonable decisions based on fact and working from there, trying to live your life in as normal a way as possible while still handling things in a responsible manner – this is the successful way to handle stress.
Lessons Learned
Transforming your business from one that is just on the edge to one that continues to grow or is at least stable will make you realize that you are a lot stronger than you thought. Confronting reality and making business decisions regarding issues you have never run into before will change you from a business owner to a business professional. Other business organizations and owners respect those with the tenacity to get things done under extreme circumstances and appreciate the leadership qualities that are the result of dealing with challenges.
Qualities Needed
To have the ability to deal with adversity and overcome it, you must be emotionally mature and emotionally intelligent. Big decisions call for big people, not those who will hide behind fear. Knowing where you want to go and having the wherewithal to get there by accessing outside sources if needed shows trust, a quality much needed in a successful business owner. Being able to put things in perspective and deal with them accordingly, in a professional way and without panicking shows that you can deal with tough situations and keep a cool head.
Know When to Ask for Help
In any situation where you face a problem that may end your business, don’t wait. Ask for help. Thinking you can do it all by yourself may be the mistake that causes your business to fail. Think of outsourcing some tasks to a virtual assistant and then concentrate on your business. While this may seem contrary and not cost effective, if you are worrying about every little thing involved in your business and not taking care of the big things, the impact may be loss instead of gain. Whether or not the situation you find yourself in has a positive outcome, adversity tends to strengthen the strong and break those who are weaker. Keeping your thoughts positive and focused on what needs to be done, choosing to be satisfied no matter what, will help you have the power to succeed.
© Chris Draper, DemGen Inc. 2013
image courtesy of neimanlab
Bet on your brain to make 2014 your best year yet!
A New Year for you means resolutions you’d like to implement to your own life, so why not make a New Year resolution for your business as well? Small business owners who work at home as well as brick-and-mortar businesses can both benefit from these suggestions for making businesses a little greener.
1. Completely power down your computers/equipment (this means unplugging them too!)
You may be used to getting started directly in the morning and having to only wake your computer up from “sleep mode.” Not completely powering down your equipment when you’re finished for the day can stack up to a lot of wasted power. So instead of going to your computer last, head there first to start it up, then go about grabbing your morning cup of coffee.
2. Don’t print emails (or watch what you’re printing.)
If you have a Smartphone with a great data plan, you won’t need to worry about this because you can access your emails wherever you are, or even take screenshots of the important information to check back later. If you do feel it’s necessary to print, make sure on the “Print Preview” screen that you’re only printing what you need. Many emails tend to print out with spare pages that only have one or two items on them, which is completely unnecessary.
3. Choose suppliers who return packaging to be recycled or reused.
Whether you send out products from your home or the office, you should always check with suppliers about their return policies on packaging. This way you know the extra cardboard boxes and Styrofoam peanuts will be reused properly.
4. Carpool and transit whenever possible.
This notion has been around for ages, and public transportation is much better than it used to be. If you work from home but know you need to head into the city for a meeting or to pick up a package, check out your transportation options before joining the thousands of others on the highways. If you work in an office and know a few people who live in your area, set up a carpool! You’ll get to know your coworkers, and do the planet a favour.
All of these suggestions are just slight changes to your every day activity, but they become beneficial in the long run. It’s time to start the New Year off for you and your business in the best way possible.
© Zoe Begopoulos, DemGen Inc. 2014
You have been in business for quite awhile and feel that everything is smooth sailing, all is going well, but your profit isn’t showing this. On paper, your business seems to be gradually slowing down. Taking a closer look, you realize that one of several things is creating a concern within your business. Focusing on the real problem and a solution that will benefit your business in the shortest amount of time will keep you
Your product is slowly becoming outdated.
Whether you provide products or services, the times we live in insist that we quickly sell our present items and then move on to the newer and more improved. Few businesses in our present economy can afford to continue to offer the same thing indefinitely. This is where you look to innovation. How can you update or tweak your product or service so it comes across as something new, somewhat different and very much needed? How can you hold your customers interest by providing something they feel they can’t do without?
Insisting on doing what you love.
Enthusiasm and passion for what you do is fine but if it doesn’t sell, then it’s time to realize that what you are presently doing may be something best left as a hobby. Your interests might not necessarily be something that translates well into a viable business. Put aside your desires for a few minutes and make a list of your real skills, those that you know you could use if you were looking for employment. Start concentrating on these and you may still be able to move your business forward with a little support from a professional virtual team.
Juggling too many balls at once.
If things seem to be getting out of control, if you are disorganized, can’t find anything and are afraid it’s going to affect your business, this is also the time to call in outside help. What may look like a business slowdown can actually be a growth spurt in disguise – a business which is moving in too many directions at once. Disorganization can lead to loss in business and knowing when to call for help is a sign of a mature business owner with a maturing business.
Don’t let your business arrive at a crisis point due to your inability or refusal to accept what is. Many business owners have been there before you and finding a mentor is always a good idea. Going it alone may seem like an adventure when you first start out but as time goes on, the excitement of doing it all by yourself and the stress of handling all problems alone, quickly wears off. Figure out which resources you need, apply them to your business and realize that the way forward doesn’t have to be a repeat of your past steps.
© Chris Draper, DemGen Inc. 2013
Image courtesy of Amanda Brazel
As we enter a year with limitless possibilities, it’s important to be aware of what keeps you happy, motivated, productive and inspired…
To your success!
Just because it’s the last day of 2013, doesn’t mean you can’t still make a few changes today that will affect your business next year.
Put yourself first.
This may not be the usual advice in business but vow to think about yourself above all others, even if it’s just for today. Taking care of your own needs first ensures that you will be in fighting form to care for your business and therefore look after your customers. Putting everyone else ahead of yourself can lead to burn out and eventually failure. If you’re honest with yourself, you know when you’re working too hard, cutting corners because of exhaustion, not paying attention to your own wellbeing. You are the one who is responsible for the success of your business, so who better to put first than yourself.
Believe in yourself.
A positive approach to your business helps things turn out well. Make your attitude toward your business and yourself your priority. If there’s something you feel you don’t know well enough in your business to do the job properly, learn do to it yourself or outsource it to someone else. Having confidence in yourself and your ability to succeed is a major part of growing your business well.
Don’t be afraid of the next step.
Many business people thrive on risk, not that you should risk everything but taking those small steps that you are afraid to take can make the difference between a good business and a great one. Your goals are meant to be reached one step at a time and you can change them as you go along. Today you can take one little step in the direction you really want to go.
Realize how much value you bring to your customers.
The end of the year is the time to look back and pat yourself on the back for a job well done. A growing business that continues to succeed is one where the customers are satisfied and the owner takes pride in where their business is now. Take the time to make a list of everything you did right this year and keep it somewhere handy. It’s a good reminder during the new year when you feel that the going is rough and at the end of 2014, you can add to it.
Pay more attention to your own ideas.
Remind yourself that your business is built upon your ideas and not someone else’s version of what it should be. If up until now you’ve lacked the confidence to change something that is an integral part of your business because of what other people will think, put other’s opinions behind you and dare to be a little different. Control what you can regarding the outcome and leave the rest.
Just like life, your business doesn’t have to be complicated. Keep it simple. You’re not supposed to please everyone. Keep yourself happy and your customers satisfied. Every day can be your best day.
© Chris Draper, DemGen Inc. 2013
Image courtesy of thehandwrittenlife
As entrepreneurs and business owners, we have a unique perspective on time. (Often there doesn’t seem to be enough of it in a day…)
This infographic provides a visualization of our perspective on time in comparison to human and natural history.
As the year winds down and we start to look back over what we have accomplished in 2013, a lot of us are tallying up just how many of our goals we reached this year and making a list for next year. One thing those goals may have in common is the amount of time spent on reaching them. But a better use of our time would be to figure out just what we can do for ourselves that will make our goals easier to reach in a lesser amount of time.
If we track our time for a week or even a day, it’s surprising just how much free time we really do have and how much of that we waste on frivolous pursuits – Facebook and Twitter come to mind, as well as several other popular social networking websites. Technology in general has added an element of laziness to our days that we often contribute to work related tasks. If we aren’t participating in social networking throughout the day, we are left feeling as if we are missing out on something. Is this really investing in ourselves and using our time well?
Investing in yourself doesn’t mean you have to spend a fortune, or anything at all. But it does mean you will have to spend time on you and for a lot of us, we are quite often the last person we spend time on and when we do, it isn’t spent wisely. When asked how they would prefer to spend their time, most business owners answered with the following: family, health and education. Runners up were long term projects and yoga or meditation. When asked what was stopping them? Lack of time!
Quit wasting your precious minutes and hours. Technology has allowed us to have access to a world full of news. While it’s nice to be informed of everything that is going on globally, focusing yourself locally will cut down on time wasted with news items that will never concern you and shouldn’t concern you. Do we really need to know what every celebrity is doing every day? Spend that time on yourself, your family and your friends. Spend it on your business, your customers. In this way, you are investing in yourself and not scattering your energy.
Spend a few minutes and make a list of what you really want to do this year. This can be personal or business related. Then spend a few more minutes researching, shut down all of the distractions and go do it. Even a few minutes a day can create a habit, especially if it’s at the same time each day. This time can be for exercise, courses you’re interested in, other recreational activities or even getting to know your own locale again. I lived in Toronto for years and never did spend any time getting to know the city – I was too busy working and commuting back and forth to work. What a waste of my time!
Investing in yourself means paying attention to what you are doing. It is a commitment, a promise to yourself to move forward instead of staying in one place and then having regrets once again at the end of the year. It means choosing yourself over the distractions that take up your time. Investing in yourself leads to growth and if you’re finishing off the year feeling as if something is incomplete in your life, now is the time to figure out what you’ve left unfinished and resolve to change it within the coming year. Deciding to change your life from a feeling of incompleteness to one of fulfillment is the most important step in deciding to invest in yourself.
If once you’ve completed your list you find there are tasks that you shouldn’t be spending so much time on that could be delegated, schedule a Discovery Call with us to find out how we can help! (And don’t worry, our call won’t be a sales pitch… We love finding more about entrepreneurs’ businesses and sharing how our team can help you achieve more in less time. The best working relationships are beneficial to both.)
© Chris Draper, DemGen Inc. 2013
image courtesy of Melody Campbell
Learn how to wrap a gift beautifully—while cutting down on cardboard and paper waste—in this infographic!
![]() |
![]() |