Planting the Seeds of Small Business Success

small business seeds of success

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2.   Confidence and competence are key seeds to success.

Assess your skills and identify those that you lack personally. Then, assign these skills to someone that is an expert in that skill.

For example, if you lack financial confidence, hire an accountant or a financial consultant to manage the financial picture of your business.

If you do not know how to hire the staff that you need to deliver on your promises, hire a recruiter to help you source and onboard the talent you need. Technology know-how is a must in today’s business world!

Make sure you are keeping up with the modern technological challenges of today’s small business climate.

By the way, interns are a great way to supplement these skills into your business as it grows with little to no cost.

3.   Create a business plan.

This may sound almost silly, but I cannot begin to tell you how many would–be business owners I have coached that do not truly understand the power of a business plan.

There are a lot of resources to help you, beginning with the Small Business Administration (SBA) - a government agency whose purpose is to help small businesses to launch and thrive. Many chambers of commerce also provide support in this area. A business plan is the map design of your business.

Having a map is a very important seed to success because in it you will find a powerful tool with which to steer into the future of your business.

You can either be at the wheel of navigating your business’s success or you can allow your business to be driven by the whim of the wind. As is always the case, the choice you make will determine the outcome.

Make a commitment to yourself right now, to plant the seeds that will most likely ensure the successful outcome of your business.

Don’t spend a minute of your most valuable asset – time – arbitrarily throwing undefined and unclassified seeds into an unchartered plot of ground. You deserve so much more than a random outcome.

A well-kept garden will always brim with possibility!

Related articles:

Developing A Relevant Brand Strategy

How to Execute a Strategy Plan

6 Lessons Learned From Managing Growth

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About the author

Lily Z. Winsaft

As CEO and Founder of Aldebaran Associates, Ms. Winsaft focused her 25 years of corporate and entrepreneurial experience to create a company dedicated to addressing the hiring and training challenges facing corporations and professionals in the 21st Century. The firm provides highly selective recruiting services for fortune 500 companies in the consumer goods, advertising, marketing, legal, accounting, information technology and non-profit sectors. Given her notoriety in the Hispanic community and among international organizations, her firm plays a major role in boosting organizational diversity and in the placement of candidates at companies transacting business in Latin America or selling products and services to the U.S. Hispanic consumer segment.

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