2 Lessons for Running a Business! Do you learn something new every day?
Our Champagne Thursday Mastermind Sessions are always a learning experience… even for us! In January we discussed many plans for our company, which will essentially resonate with all you fabulous entrepreneurs and small business owners. So you better be on the lookout for some amazing things ahead.
But seriously there was more talk about owning your own business and what directions you need to take and so forth… I mean really B&A is a small business and we are still learning and growing. But there comes a time when you have to really think through some things about your business…
Lesson #1
Not everyone that starts a company can or should actually run their company. We work with a wide variety of entrepreneurs and small business owners. One thing that we have learned (because you know… ‘you learn something new everyday’… or at least you should Click to Tweet) is there are those that are fantastic at running a company and keep on task with what needs to be done in daily business operations. AND THEN… there are those that start a company and are really good at what they do and working with their customers, but have no idea on how to run their company to keep it afloat. True there are those that can do both, but more than not you are either one type or the other. So have you ever asked yourself that question? If not, you should.
So go ahead. Ask yourself…
Are you better at running a company or starting a company?
Lesson #2
So not only do you need to think about whether or not you can run your company, but you need to think about how far you yourself can take your company before you run it into the ground. Let’s just say you are brilliant at running your company, but you have reached a plateau and have done all you can. Do you reach out for help or keep truckin’ along in hopes that something will pick up or come your way? Decisions! Decisions! (I believe we wrote a blog post about that awhile back. It might benefit you to check out our other blog posts too.) Most of you will keep on truckin along. BUT is that the wisest choice to make? Do you let go of what you built so someone else can either destroy it or make it better? Tough call! But really it is something all business owners need to think about…
Know your sell point before you run your company into the ground!
You have to know yourself and your strengths and weaknesses before you can decide whether you want to run a business. So did you learn something new today? If so, please share it with us!
