Monday, November 29, 2010

91 Fundamental Habits of Highly Motivated Small Business Owners

Not everything works for everybody. Although there may be common characteristics among successful small business owners, not every business owner approaches business the same way. Successful small business owners are masters at filtering knowledge and implementing only what works best for them. They create and discover fundamental habits that enable them to mover further faster.
Over 100 small business owners shared what core habits they have put into practice to sustain motivation and maintain success. Below are 91 fundamental habits of highly motivated small business owners. The best way to eliminate a bad habit is to replace it with a good one. Seek out those that suit your business needs, skills and capacity. Implement them, work at them and make them your own. Your business needs to be on your terms.
1. Transparency. P. Cheung,
2. Work when the inspiration strikes you. H. Claus,
3. Diversify projects to offset monotony. S. Horowitz,
4. Respond to all inbound inquiries from clients and colleagues immediately. N. Marshad,
5. Let others know what you are doing, achieving and pursuing. P. Draper,
6. Be a source of information. S. Bloom,
7. Set untouchable, personal time away from business. K. Sherkey,
8. Be committed to the community you serve. J. Flynn,
9. Work in your strengths. Do what you do best. D. Hensch,
10. Live below your means. Use profits to grow your business. P. Solomon,
11. Keep up with technology. Emerging technology allows small business to compete on all levels and if adopted and utilized frees an amazing amount of time. B. Attig,
12. Never stop marketing. No marketing = No sales. C. Ruenheck
13. Never start the day without a plan. D. Furtwengler,
14. Focus on results. Know what you are doing, how and why you are doing it. B. Flaxington,
15. Be willing to turn down business that does not pay you what you are worth. B. Phibbs,
16. Discipline because there's no "boss man" threatening to fire you. S. Fischer,
17. Consistently meet and connect with new people and have a follow-up system. B. Basilico,
18. Stay in contact with influencers, network and stay highly visible. L. Singer,
19. Monitor your progress. D. Helbig,
20. Become an avid "inspirational seeker" - read inspirational quotes. R. Guerrero,
21. Consistency. Whether it is a blog post, a contest giveaway, or product updates on the website, it is very important in my business that it is done at the same period of time each and every week. M. Podlesny,
22. Treat your customer with respect and always make it about them. C. Sisson Hensley,
23. Focus, focus, focus on identified target market, ideal client and revenue generating activities. P. Mussieux,
24. Have a written plan. L. Tener,
25. Always be optimistic - yet tempered with reality. M. Pisik,
26. Live your top five values. Know your values intimately and be fueled by them. J. Hornickel,
27. Listen at meetings, events, one-on-one, over the phone; any time you interact with another human being and you are in some way part of the conversation; listen to what is being said. D. Menzies,
28. Sleep. Having enough sleep keeps your mind fresh and your mood positive. J. Johnson,
29. Learn to manage your schedule. D. Moseley-Williams,
30. Frequently ask yourself, “What will be my legacy?” Be legacy-driven, not only hitting the mark, but also leaving a mark. V. Ashford,
31. Add value above and beyond your peers and competitors. D. Dalka,
32. Don't think you can't; assume you can. J. Fender,
33. Have integrity. When you operate from a fundamental position centered on integrity you have the ability to gain the trust and respect of your clients. G. DeRosa,
34. Maintain balance -- Without balance, you may lose sight of the really important reasons why your vision becomes your dream (i.e. family, ethics, community service, etc.) J. Patterson,
35. Do your most important work first every day. T. Tervooren,
36. Show keen detail to servicing your clients and their needs. Regard yourself as an extension of their business. E. Khalil,
37. Skill development. You need to be the best at what you do. Constant education in your field is a must. M. Meikle,
38. Regular analysis of the numbers. On a monthly basis, look at the profit and loss statement and balance sheet of your business. H. Schauffler,
39. Measurable goal setting. You have to know what you want to achieve to be able to achieve it. P. Geisheker,
40. Continuously ask yourself, “What's the best use of my time right now.” B. Maher,
41. Frame it in the positive because realizing the benefits in every situation is the foundation for growth. G. Shiffrar,
42. “Work” at home - maintain a daily schedule of going to your office and closing the door each morning at a set time. S. Lamb,
43. Respond to all customer feedback (positive and negative) immediately upon receipt. K. Pine,
44. Think like an innovator and trend-setter. J. Scardina Becker,
45. Learn to delegate. S. Olivarria,
46. Ask for quality referrals, quality referrals, quality referrals. M. Henker,
47. Keep improving your product or service. A. Sinha,
48. When you think you have worked hard enough, work harder. The business is your baby and must come first. L. Levine,
49. Eat right, sleep and exercise. It doesn't matter how smart you are or how great your plan or product is, if you don't take care of yourself, you will burn out quickly. T. Tafur,
50. Take time to rejuvenate. A. Pelliccio,
51. Keep in touch with past clients as they are great referral sources and will come to you when they need your service again in the future. M. Ferletic,
52. Under promise and over deliver. J. Gallacher,
53. Hire the professionals to do what you can't excel at so you can use your time to do what you do best that generates income. Let them do the heavy lifting because they have the contacts and know-how. D. LeVie, Jr.,
54. Good writing and clear communication. Aim to write with clarity, correct grammar and punctuation; and whenever possible, with style. C. Sparks,
55. Network and leverage the resources of others with a win-win mindset. Ethically exploit the resources of other businesses, and share profits with them. They understand joint ventures, strategic alliances and endorsed marketing deals. R. Brauer,
56. Be outrageous. Successful entrepreneurs are rarely run of the mill, boring or average. They approach business in a way so they ethically stand out in the minds of the market and the media. R. Brauer,
57. Have a support system. Use the help of others to give you advice, provide a sounding board, and offer encouragement. Get into the habit of meeting regularly. J. Mounce,
58. Bundle your services and products. Make it easy for your customer to buy more from you by packaging complementary products. J. Crisara,
59. Make sure you're getting the best credit terms and discounts from suppliers. T. Anastasi,
60. Always stay caught up on your bookkeeping, bills and deliveries. J. Nielsen,
61. Have a routine. Successful entrepreneurs create a routine of work that is consistent and fits with their lifestyle. D. Langton,
62. Keep it simple. Write out business goals on one page. If you can't communicate it to an employee or a business partner in one page, it's too detailed - and no one will understand it. B. Leone,
63. Surround yourself with highly motivated and talented people. B. Powell,
64. Put hard deadlines on a calendar, and to create a timeline of events that your customers, suppliers and prospects can hold you to. C. Goodwin,
65. Don't be afraid to fire the poor performers. C. Tuculescu,
66. Document procedures and processes, so that you don’t have to spend time training multiple people on the same thing. R. Bodon,
67. Make appointments with yourself. Block out time on your calendar for projects and don't let anything move into that space; at least not without a conscious decision on prioritization. I. Miller,
68. Trust your gut. It feels things your brain does not. L. Taylor,
69. Know when to kill the idea. Abandon what doesn't work or no longer works even if it once did. Don’t hang on to practices or business concepts because you are emotionally attached. C. Stewart,
70. Be a businessperson who wants to succeed. Don’t be a slave to your businesses; don’t work 20-hour days unless you're under a tight deadline. Time isn't always money, except when it is. K. Bretcher,
71. Persistence, persistence, persistence. The ability to face the myriad of obstacles that entrepreneurs will encounter, and continue to push forward, is the most critical (not the only) factor in success. G. Karwoski,
72. Ask for referrals and references regularly. The best leverage into new and varied business opportunities lies within the business you have done successfully already. M. Harris,
73. Look at everything from your clients’ perspective (it will help marketing). L. Aharoni,
74. Believe in your product or service. If you truly believe in what you do or sell and can convey that belief from the heart, others will too. Dr. R. Amicay,
75. Listen to customers and adapt to changing needs and requirements. S. Donahue,
76. Be Grateful. Always thank your customers, clients and even those who just act interested. Don't try to sell anything when showing gratitude. K. Cahill,
77. Collect e-mail addresses constantly and consensually. S. Dunseath,
78. Keep the passion alive. Find things to stimulate you and challenge you so that you keep the passion for your profession alive. M. Verdin,
79. Hustle. Constantly be on the lookout for story angles and places to tell your story (i.e. online, at events, to the press …anywhere). N. Beckord,
80. Establish a vision that you review daily and use as a touchstone to make fundamental decisions. G. Butler,
81. Don't be afraid to say, “I don't know,” and ask for help from seasoned council. T. Merrick,
82. Always keep an open mind (to new ideas, products, operational methods, etc.) V. Troyer,
83. Have a willingness to learn from harsh feedback and mistakes made. E. Stutz,
84. Do everything for yourself at least once. You gain valuable experience doing things for yourself. Afterwards, you can decide what is not core to your business success and outsource it. Dr. Z. Zguris,
85. Show up. T. Scanlon,
86. Be consistent with your company's image or else it will confuse and reduce your customer base. T. Hartl,
87. Start with the easy stuff. It frees you up to focus on the tough problems by limiting distractions caused by other tasks. B. Law,
88. Follow up on every opportunity until you have an answer either way, meaning the customer has bought something, or ultimately says "no". A. Sittig-Rolf,
89. Block time for strategic planning and set time to check in on the business plan. K. Harad,
90. Pay bills and paychecks on time. Never being late on a bill is another big professional plus. Fast payments will foster loyalty with your employees and with anyone contracted for a project. C. Schexnyder,
91. Be the brand. You are your business. Everything you do reflects your brand. Protect it at all times. A.M. Blakeley,

"Source-Internet. We are distributing this without obligation, for the advantage of all growing businesses and do not stand to gain anything financially- Milagrow Portal Team"

No comments:

Post a Comment