Additionally, a strong network of
colleges and advisers is critical for developing leadership skills needed to
run a successful business. A second opinion or whisper of wisdom from seniors
who have already been in your shoes, can make all the difference between brutal
failure and sweet success.
Entrepreneur
Success
Before we dive into some Atlanta
entrepreneur tips, there is one important thing to consider. Your
entrepreneur success will depend a strong support group. This group is
responsible for providing you with constructive criticism with your best
interest in mind. A good balance of encouragement and critical critique will
guide you in approaching any number of obstacles and at the same time help you
advocate for yourself when among your network.
Maintaining a support group with a
variety of ideas and relative experiences is crucial as your seniors and
colleges can offer time sensitive advice, encourage you through their own
experience & struggles and bring different perspectives to your project.
Now, let’s dive into our Atlanta entrepreneur tips.
10
Business Tips for Atlanta’s Entrepreneurs
To help you succeed, here is a list
of Atlanta entrepreneur tips that help early on in any endeavor. At the bottom
of each advice topic, there is a link to a relative article explaining more!
Research
Your Market
When starting a local business take
the time to research your market with emphasis on the criteria of that will
allow you to assess the needs of your ideal client. People are different so you
shouldn’t treat clients as a monolith. Practice recognizing the stages that
clients are at when you are meeting them. Don’t push them to where you would
like them to be, instead, adjust the solutions you provide to them.
You want your clients to be
comfortable with you otherwise they won’t be your client for long. Being able
to identify clients in your market will also give you leverage in negotiations
as you will know if you should walk away from this client or start to build a
relationship. Important to realize, you won’t be compatible with every client,
so there is no need to force things.
How
to do Market Research
Business
Lifestyle
You are the designer of your
business lifestyle. If there are things in life that are holding you back, you
must make adjustments. Think of your life and career as marble that has to be
hammered into a sculpture. Imagine in your mind what the masterpiece looks like
and keep shaping it until it becomes real.
How
to Develop a Business Lifestyle
Work
With Purpose
Starting a business is exponentially
harder than just working a job, so work with purpose. Successful entrepreneurs
need to be multifaceted and operate well across a variety of domains: sales,
marketing, finance, operations, HR, etc. In addition, creating an enterprise
from scratch requires creativity, persistence and continuous learning.
For example, one of the new major
skills to learn is website design using site builders such as WordPress. If you
are not constantly learning, you miss out on important information that your
competition will have access to. I addition, once you have the information you
will need to use it in a manner distinct to your business so you stand out from
the crowd.
How
to Work With Purpose
Two
Minds Are Better
Most people do what they can to
learn by themselves, googling articles, reading books, or attending conferences
when they have time. Leaders of successful businesses learn two minds are
better. A coach or partner can help a business owner see things from a
different perspective. You need to go to where people in your industry are
congregating. Go to conferences, listen to notable speakers and attend social
events at restaurants, galleries, or convention centers in your industry.
Meeting people is important and
drawing from the wisdom of multiple experienced sources is how the best leaders
are formed. An old proverb teaches that where there are many advisers, there is
much success.
Small
Business Partnership
Entrepreneur
Focus
Be disciplined and organized to be
able to see what makes your business thrive with entrepreneur focus. Often when
researching multiple resources your judgement can become clouded from being
overloaded with knowledge, which will influence your business. Prioritize your
time and resources by how impactful each piece of information will be on your
business.
Don’t get distracted by what is just
interesting, commit to what will let you compete with other local business and
what the market wants. Calendars, Note books and schedules will keep you
organized so you will always know what you have to do next to reach your
business goals.
How
to Stay focused Entrepreneur
Client
Perspective
Truly listen and empathize with your
client perspective. Everyone has unique life experiences that can form a
narrative that you can capitalize on so you will be the one to help the client
get their own personal message across. If you don’t pause for a moment to
actually listen and hear the root of the problem or pain you will miss your
chance.
Really listen 80% of the time, then
clarify for the next 10% of the time, and respond wholeheartedly and
intentionally the remaining 10% of the time. You want people to trust your
business and you as a figure head of your business.
How
to relate to clients
5
Year Business Plan
It’s easy to get caught up in the
hectic challenges and overbooked schedules that comes with running a business,
but you have to carve out enough time to create your 5 year business plan. In
addition, take note of what you have accomplished and your short comings so the
contrast will reveal the long-term health of your business.
Make categories including marketing,
time management, employee development, community engagement and capital
development. Then use what you have reflected on to plan your next investments.
Most businesses take 5 to 10 years to build. Create a 5 Year Business Plan for
success.
5
Year Business Plan
Reward
Yourself
You need to keep motivating factors
at the front of you mind and reward yourself time to time. When you feel like
you overwhelmed you need something to fall back on to maintain confidence
despite the fear that things may not work out. Running a business is an ongoing
experiment and failure is part of the process.
Ultimately reaching your goals will
require struggle, sleepless nights and plenty of conflict. Must be remembered,
set incremental goals for yourself and reward yourself when you reach them.
This will help push you forward when times are hard.
When
to Reward Yourself
Detailed
Records
All successful businesses keep
detailed records. By keeping your records in order, you’ll know where the
business stands financially and put yourself in the best position to overcome
your next challenge. Knowing what to refer to and knowing where it is saves you
time. This Gives you more flexibility when responding to problems.
Records
to Keep
Social
Media
Local businesses need focus heavily
on social media. Regularly posting in your community can get clients and expand
your network to maximize your marketing potential. This keeps you in the front
of the consumers mind at all times.
The platforms relative to your
business will vary. For example, a dentist will want to have an active Facebook
page with local ads flowing through their local community. In contrast, a
retail store will want to maintain an active Instagram with plenty of ads
running on that platform as well.
Social
Media for Businesses
Atlanta
Entrepreneurs
In summary, make sure to stay
consistent and motivated in whatever you do as Atlanta entrepreneurs. Maintain
a healthy lifestyle, decent sleep schedule and stable mind set. Your health is
not worth success, but success never came without making some sacrifices.
Thanks for reading our article on Atlanta
entrepreneur tips.
If you have any questions about
Social Media for Entrepreneurs, jump over to our other article here for
accounts and personalities to model after!
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