Why Your Business Needs A Smart Business Revolution
There are many good businesses
There are many good businesses. There are few great businesses.
This is the dilemma of modern day entrepreneurs.
It is not easy to build a truly innovative, dynamic and profitable business. Creating a thriving business is hard work. Competition is often cutthroat. And success rarely comes overnight.
On the other hand, starting a business is easier than ever and new innovative tools are available for entrepreneurs who are willing to think creatively about how their business will be different.
In short, if you are willing to put in the sweat equity, and if you are smart in where you invest your resources, there is little that can stop you.
Thats why we say every business needs to embrace a Smart Business Revolution philosophy.
What is a Smart Business Revolution philosophy?
The Smart Business Revolution philosophy is about working smarter, constantly experimenting and improving, and placing priority on efforts which will snowball rather than treadmill.
These are the ideas we write about and teach about at SmartBusinessRevolution.com, a small business blog aimed at entrepreneurs who want to grow their businesses.
Entrepreneurs who embrace this philosophy know that their greatest assets are not their products, their human capital, or even how much money they have in the bank. Their greatest asset is their strategy.
With the right strategy, a business can grow like its on steroids. With the wrong strategy, it will wither, or limp along without direction.
Really innovative entrepreneurs spend a great amount of their time focusing not only on the work the business does, but on the strategy that guides the business.
Here are the main tenents of the Smart Business Revolution:
1. Work Smarter, Not Longer
Entrepreneurs who think the only route to success is to always be the first person in the door and last out the door are doomed to failure. That approach is not sustainable.
In fact, restricting your time can benefit you.
I found this out once my son was born. Once he came along, I had a lot less time available for my business. But his presence taught me to be efficient with my time and to track my efforts to be sure my efforts were paying off.
When you limit your time available, you have to make every minute count.
2. Entrepreneurship Is Innovation
Successful businesses know that they can never sleep. They can never rest on their laurels. Successful businesses are constantly experimenting, testing, iterating, failing, and trying again.
Some of the most successful entrepreneurs never stop experimenting and testing.
The market is always changing, and todays leader could be in the dustbin of history tomorrow.
3. Prioritize Efforts That Snowball Rather Than Treadmill.
There are 2 kinds of businesses.
The first kind is those that derive income by repeating similar services each day for different customers. These are traditional businesses, like a bakery, a florist, a counselor, a therapist, an accountant, or a lawyer. There is nothing wrong with these types of businesses, but they are very limited in their scalability. Their income comes from one-on-one service and repetition.
The second kind of business is the type that creates a product to sell, then moves on to create another product to sell the next day, and another the next day. The products build on one another. Rather than repeating the same or similar efforts day after day, the business owner benefits from continuing to sell past products while they move on to creating new products.
Do you see how their efforts can snowball? After a few months or years of putting effort in, the business owner can really benefit from the ongoing sale of multiple products, even if each product only makes a few sales per month.
Need Further Help With Your Business?
Smart Business Revolution is a dynamic resource for helping businesses to grow larger, faster, quicker. If your business has stalled, or if you arent growing as fast as you would like to, then we can work together to identify the problems and fix them.
There is no instant solution that will double your income overnight.
But there is smart strategy that can build your business consistently over time.
If you are ready to start building a great business, visit www.SmartBusinessRevolution.com for more resources. While youre there, please sign up for our email list and join the revolution.
by: John Corcoran
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