What I Learned About Business From My Mother

[tweetmeme source=”LessonsInBiz” only_single=false] My mom is not a business savante. She has a degree in Economics but she never used it. She just stayed at home and raised her kids. Today, I find that her advices keeps me afloat in business.

“If I’d want something done my way, I’d have to do it myself.”

I’m not against delegating tasks but if they are all-too important that you cannot afford any mistakes, just do it yourself than take the chance and risk failing at it just because for some reason or other you didn’t have the time to do so. It’s all about time management and prioritizing.

A Lesson in Productivity: Eliminate Distractions

[tweetmeme source=”LessonsInBiz” only_single=false] Have you read how office managers rejoiced because of Facebook outage last September? Now, I don’t blame you if you think this is exaggerating it a bit. It sounds too crazy to be true but then I won’t be surprised if it is.

Fact is, employees get distracted easily. Actually, not only employees but even those who operate their own small business. Who among us have not been guilty in taking a peek at our personal Facebook page while working or posting tweets unrelated to business? Or sending out personal emails and chatting on IM?

Bob Williamson: A Small Business Success Story

[tweetmeme source=”LessonsInBiz” only_single=false] I have been racking my brain for a new topic I could write about for a good hour before I realized, I haven’t featured an entrepreneur for the longest time. So what did I do? Well, I looked for one, naturally and one post actually held my interest so much so that I decided to write about him today.

Bob Williamson, started out like a typical kid who ran from home, became a junkie, started a software company who now owns a $26 million software company, Horizon Software International.

Networking Strategy

‘[tweetmeme source=”RoseA_smallbiz” only_single=false]’ It is in the bloodstream of the entrepreneur to help other small business entrepreneurs who are just starting in their venture. As a business owner, you must learn to open your door and connect with other people so you can be able to expand your network.

The Passion and the Vision

‘[tweetmeme source=”RoseA_smallbiz” only_single=false]’ Everybody in small business is dreaming to become bigger, better and bolder. If you think you can do that easily with a small business, then you are wrong. Small business, like any other kind of business is also tricky, cumbersome and has its own level of difficulty.

Who’s Your Next Hire?

‘[tweetmeme source=”RoseA_smallbiz” only_single=false]’ Hiring is the most important process of Small Business operation. the progress and the development of your business depend on whoever will you hire to take the responsibility of doing the tasks. You have to be keen in selecting the people to work for you.

Know your Profit

‘[tweetmeme source=”RoseA_smallbiz” only_single=false]’ It is important for the entrepreneur to know the revenues. we can’t take it from them thinking about this matter. However, it is more important to think and focus of what really is essential, and that is the profit. Entrepreneurs are encourage to focus more on the profits rather than the revenues.

Don’t Work Without Contract

‘[tweetmeme source=”RoseA_smallbiz” only_single=false]’ I understand how exciting it is to start the work immediately when you were able to get a client that provides you a job to jumpstart your business. But you must always take pre-cautionary measure before starting the job because all your efforts and resources might not be returned to you.

Be Early

‘[tweetmeme source=”RoseA_smallbiz” only_single=false]’ If you want to build up your business in the most professional way, you must know the essence of time and give value to it by not being late.

If you say you are always on time, you are already late. Being on time is already late, that is what you need to know. You should be professional enough with your time because that what determines a good working attitude.

Always Know the Basics

‘[tweetmeme source=”RoseA_smallbiz” only_single=false]’ There are a lot of small businesses who have already attained the goals and the success that they are aspiring. However, most of them is experiencing the downfall as they weren’t able to maintain the status of the business. If we are going to take a deeper look on the situation, you would know that the common denominator why most successful businesses fail is the lack of knowing the basics.