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You are here: Home > Business > Entrepreneurialism > The Entrepreneur Trap - Why you Need to Sack Yourself |
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Actual for You - The Entrepreneur Trap - Why you Need to Sack Yourself
Attaining The Career Of Your Dreams re you’re not looking any more. You need to make sure that your staff understand why they need to pay attention to the details and which details are important. They need to “get” the business like you do.In order for you to attain the job of your dreams, you must first learn to value your life and maximise your full potential.Teach us to number our days aright, that we may gain a heart of wisdom - PsalmistThe perception you have about your life and life in general will determine your decisions in life. These decisions are what determine what you achieve.Did you actually know that your decisions can determine your actions and your actions, being consistent will develop your daily habits?It is imperative that y Also, if you’re involved in every decision and you always have the l Franchise Agreements, Advertising and Promotion Issues One of the key faults of many entrepreneurs is that they create a job rather than a business.In the world of franchising it is imperative to have a cohesive marketing plan throughout all regions and all franchised outlets. Without a comprehensive and cohesive marketing plan, with each franchisee doing their own thing the overall message to the consumer can become so diluted that synergies which are of supreme benefit to franchise systems are lost. It behooves all members of a franchise company to support a main message and participate in all marketing, advertising and promotion.To prevent these issues from hurting my f It all seems to make sense in the beginning. You’ve started your business and you do everything from the accounts, to the marketing, to the sales and making coffee. It saves additional costs and you know the business better than anyone else. As you grow your business, you may take on extra staff for certain tasks and you gradually let go of the areas that you’re weakest on. But you still like to be involved in everything. After all, it’s your business, your investment, your baby. What if someone else doesn’t take as much care of it as you would? What if someone else neglects it? So you keep your finger in every pie and make sure you’re consulted on every decision. And what does this do to the staff you employ? If they know you’re checking everything then it can cause them to become conscientious and make sure that every thing is ship-shape and proper before it gets to you. However, if they’re doing it just to avoid getting caught out by you then it’s likely they’ll stop as soon as they figure you’re not looking any more. You need to make sure that your staff understand why they need to pay attention to the details and which details are important. They need to “get” the business like you do. Also, if you’re involved in every decision and you always have the la The Mechanic ional costs and you know the business better than anyone else. As you grow your business, you may take on extra staff for certain tasks and you gradually let go of the areas that you’re weakest on. But you still like to be involved in everything.We have all had an experience where you get bad service or a bad product. Let me tell you about my recent experience, and we'll have a look at what we can learn from it.My car had a problem. Broke down in fact, so it was a large problem. The clutch was not working. I got the car to my mechanic. This guy has been my mechanic for about six years. I had followed him through each of his business moves. He knew my car well, had always done a good job and had very reasonable rates.I could only say good things about this g After all, it’s your business, your investment, your baby. What if someone else doesn’t take as much care of it as you would? What if someone else neglects it? So you keep your finger in every pie and make sure you’re consulted on every decision. And what does this do to the staff you employ? If they know you’re checking everything then it can cause them to become conscientious and make sure that every thing is ship-shape and proper before it gets to you. However, if they’re doing it just to avoid getting caught out by you then it’s likely they’ll stop as soon as they figure you’re not looking any more. You need to make sure that your staff understand why they need to pay attention to the details and which details are important. They need to “get” the business like you do. Also, if you’re involved in every decision and you always have the l The Principle Of Advertising Online ss, your investment, your baby. What if someone else doesn’t take as much care of it as you would? What if someone else neglects it? So you keep your finger in every pie and make sure you’re consulted on every decision.Advertising online is very similar to advertising in any environment. You really are trying to get your message or your product out there by the most cost effective means possible.Advertising online really is unique in the sense that you have the means to advertise anywhere in the world, almost instantly.I have found through many years of advertising and research that it can get quite expensive and take many hours finding what works and what does not.However, the most effective methods of advertising I believe, hap And what does this do to the staff you employ? If they know you’re checking everything then it can cause them to become conscientious and make sure that every thing is ship-shape and proper before it gets to you. However, if they’re doing it just to avoid getting caught out by you then it’s likely they’ll stop as soon as they figure you’re not looking any more. You need to make sure that your staff understand why they need to pay attention to the details and which details are important. They need to “get” the business like you do. Also, if you’re involved in every decision and you always have the l Old Hiring Foxes vs. The Hedgehogs ey know you’re checking everything then it can cause them to become conscientious and make sure that every thing is ship-shape and proper before it gets to you. However, if they’re doing it just to avoid getting caught out by you then it’s likely they’ll stop as soon as they figure you’re not looking any more. You need to make sure that your staff understand why they need to pay attention to the details and which details are important. They need to “get” the business like you do.You are about to compete for the best people again. The recovery is happening. Labor statistics indicate over 280,000 new jobs were created in the U.S. last May. Is your company's hiring process a competitive weapon-or a ball and chain? If you're not sure, here are some places to look:1. You abdicate hiring responsibility to an HR person or executive recruiter. That's their job, right? Wrong. The job of HR is a support and advisory role. The role of a recruiter is to help you build a stronger pipeline of available candidates and Also, if you’re involved in every decision and you always have the l It Takes One Grump to Spoil a Brand! re you’re not looking any more. You need to make sure that your staff understand why they need to pay attention to the details and which details are important. They need to “get” the business like you do.Companies invest millions to create, design, fine-tune, build, promote and extend their brands. Think Nike, Virgin, Versace, Raffles, Amazon.All your investment brings customers to your door (or website) with expectations matching your promotional promise. But when customer meets company ‘face-to-face’, everything hinges on that critical moment.A friend recently moved to Singapore from Australia and went shopping for an appropriate wardrobe. I saw her several hours into the spending spree and heard her say, ‘I love Liz Cla Also, if you’re involved in every decision and you always have the last say, then your employees may come to rely on you and stop making their own decisions. They become dependent on you and the business continues to be dependent on you. This means that if you’re not there then the business can’t function. Here’s the bad news, if you’ve created something that can’t function without you then you’ve created a job and not a business. A business is an independent entity that can survive on its own. A real business allows the owner to take three weeks leave and be confident that the business will continue to run without them being there. A job needs you there all the time otherwise it simply doesn’t get done. Although feeling you’re indispensable to the business can be quite an ego boost, do you really want to be tied into that business for the rest of your (or its) life, just for the sake of your ego? If you ultimately want to sell your business then you need to take yourself out of the day-to-day running and create a business that works on its own. You need to sack yourself. This will probably require you to employ someone to run the business for you,
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