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Business Growth Often Starts at the Bottom

After the initial success of a startup, it can be easy to become complacent with the ease of a routine. However, most founders do not start their companies with the image of staying put at the first tier of success. When the time is right to break out of a comfortable routine and consider potential opportunities or investments that could help a business grow, a bit of introspective consideration may be necessary.

While a business cannot move forward without the right leadership, employees contribute significantly to the overall success of most companies. Remaining transparent and open with employees can help create more welcoming, working environments that can in turn lead to happier, productive workers.This means being available to listen to employee concerns as well as simply being honest with them about the direction and future goals of the company will most likely pay dividends toward your future success.

Being available for workers to voice their concerns is one thing, but being able to exercise empathy is truly what makes a difference. There is serious value in extending some amount of consideration and understanding toward employee concerns and hardships and, in general, those who feel that they are heard and respected are simply happier.

The sacrifice and dedication of entrepreneurs certainly cannot be ignored, but empowered workers can help drive a business forward toward new and better opportunities than were ever believed to be possible. Before striking out with new ventures, taking care of those who have already dedicated themselves to a company can yield a more favorable outcome for business success.

4 Tips to Keep Your Productivity High in a Cluttered Work Space

 


Running a business is certainly not a part-time endeavor, and even the most systematic and organized of entrepreneurs with designated work spaces and hours can begin to feel as if his or her office area is spinning out of control. A bit of disorganization might not seem like a big deal at first. After all, you can get to it tomorrow morning, right? Well, that is if you have time after the million other little tasks on your to-do list. If you have recently begun to feel the slow tug of disorganization slowing down your productivity, it may be time to make de-cluttering number one on your priority list. If organization has never really been your strong point, here are some quick tips to get you started.

 

Purge

Sticky notes can come in handy when you need to jot down a few quick notes, but do you really need the novelty cat set that has sat untouched for a year? Find unused or unnecessary items and get them off of your desk and out of your mind.

 

Label your boxes

Whether you use boxes, folders or any combination thereof, make sure that you know what is actually going on with your paperwork. Poor organization can result in an important outgoing notice getting mixed in with your “inbox” pile and, as the saying goes, time is money.

 

Get to filing

You do not need everything on your desk. Invest in a good filing cabinet and some hanging file folders, then work out a filing system that works best for you. Do you function better with alphabetization or categorizing things by date? Once you know how you want to proceed, label your folders and make sure you dedicate once or twice a month to filing organization.

Make organization a priority

Pick a daily time and do a quick once-over of your office space. 5-10 minutes a day can make a tremendous difference and ultimately save you a significant amount of wasted time in the future.

 

You do not have to be a habitually organized person to maintain a productive office space. While it may take a bit of effort to get your office into the state that it needs to be, only minimal follow up is needed to maintain it, and you may be amazed at how quickly your productivity increases.

 

 

Picking the Right Investments to Grow Your Wealth

As your business begins to grow and thrive, you maybe ecstatic at the sudden appearance of investment opportunities that seem ripe for the picking. Before you dive headfirst into every opportunity that is offered, consider that this may not actually be themost appropriate strategy toward continuing to building wealth.

Selecting the right investment opportunities can be looked at much like a pick-your-own strawberry patch. When you grab your bucket and head out into the field, do you stop at the first several rows? Probably not, because any that are left on the vine are typically not ripe yet, and the juicy, plump ones were already all plucked by earlier visitors.

So you keep going, walking back row after row until you find the rows with the strawberries worth picking. When you look back at the entrance, you may notice that you traveled much farther than you initially anticipated, but one look at the ruby red strawberries reminds you that it was a well worth the extra effort.

As tempting as it may be to accept the first investment opportunity that comes along, make sure you remember the strawberry patch. Spend your time examining the various opportunities and do not be afraid to pass up offers that will cost more than what they are worth or that do not serve your business’ needs or purpose. While you may end up with relatively small percentage of investments compared to the ones that you were offered, remember that it is far better to have a handful of wonderful, ripe strawberries than a whole bucket of green ones.

Mom Was Right, Money Does Not Buy Happiness

Money first, happiness second is not an uncommon thought in
America, but does it really hold true? For entrepreneurs, the reverse might be
a more feasible reality.

Okay, yes, establishing a new startup typically means that a
person has a goal of turning a healthy profit at some point in the future, but
for truly successful entrepreneurs, money plays second fiddle to fulfilling a
purpose. A quick review of some of the most successful entrepreneurs will reveal
that those trying to make a positive impact tend to succeed more than those who

solely focus on making money.

So why is this? There are likely multiple factors that

influence this trend, and customers are certainly one of the most influential
of these factors. Consider the last positive experience you had when making a
purchase. What about that transaction made it memorable? Was it welcoming

customer service and a dedication to fulfilling your needs, or was it an
owner’s focus on his or her own bottom line? It was most likely the former of

the two.

Entrepreneurs who strive to fulfill
their purpose and passion in life through their businesses are typically more

concerned with the effect that their business practices have on their workers,
customers and community. Compared with a business that has a sole goal of
raking in as much cash as possible, which of the two would likely have the
better customer retention rate? On average, the money-hungry business is more

likely to fail at establishing a returning customer base.

There is a small fraction of people who believe that the
line connecting emotions and business should be severed, but when consumers are
faced with the difficult decision of cutting their budgets, the business with a
purpose will have a stronger connection with the consumer and, thus, better
staying power.