You may feel like packing up and leaving when things get tough while running your growing business. But destiny favors the action taker, not the sleeper. If you’re not willing to do what it takes on a daily basis, without making excuses, then you can’t expect your business to take off. So, how does one overcome situations that get in the way of small business growth? Here are some tips.
Resist the Need to Control or Micromanage
When your small business starts to grow, the list of things that you have to manage daily can get out of control very quickly. But this is a wakeup call to step back and understand that your business may need some additional help and support. If you try to do everything yourself, you will not be able to accomplish everything you need to do as fast as you would like to. This can result in missed opportunities or a lack of work-life balance. You will also burn out very quickly.
Start off small by hiring part-time staff to support you with time-consuming tasks, or tasks that are not your zone of genius. You may need to hand-hold or mentor initially, but this is a temporary phase. As you gain confidence in your team and your abilities to manage, scale up and hire more as needed. This requires a certain level of confidence in delegating to others. At some point in your business, you are looking to evolve into a managerial role, which requires less of your time and input. So, it’s important to start building up to that level in stages.
Tick off the Items That Are the Most Challenging First
If you keep putting off tasks that you find challenging, it’s a good bet you won’t do them at all in the end. Make it your personal policy to do all the hard stuff first and treat yourself when you accomplish something particularly difficult.
Ask yourself why you find a particular task so challenging. Is it because you don’t know what to do or you don’t have the skills? All of these can be easily addressed by making sure you’re part of networking groups and are connected to other small business owners. Remember to help others when they help you. Building and maintaining relationships is a necessary part of small business growth.
Make Your Health Your Number 1 Priority
The worst thing you can do for your business is to not look after your health. Many small business owners burn the midnight oil constantly to get their businesses off the ground, but if you don’t take care of your health in the process, you will burn out eventually. Make time to eat right, exercise, drink adequate amounts of water, and have restful sleep. You’ll be able to take charge of your business so much better when you’re in the best possible physical, mental, and emotional state you can be.
Never Stop Learning
You may need to learn how to operate that new small business software that everyone’s been raving about. Or you may need to figure out how marketing works so you can launch your first product. One of the fun things about having a business is that you get to learn new things constantly. It is most challenging in the beginning. Once you get the hang of things, everything starts to fall into place. But to get to this point, you definitely need to be persistent in wanting to learn new things that can help your business.
Some of the most successful entrepreneurs in the world started off small. It isn’t that they were any more intelligent or luckier than everybody else. They were just willing to stop making excuses and deal with challenges without giving in or bailing out. Persistence will help you achieve that business growth that you’ve been dreaming about.
If you are experiencing growth in your company, a business coach can help you to navigate the challenges that are present at this stage of your business.