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4 Tips for Business Owners in Training

29 Jul

business owners in training fire inc

There are a lot of things that I could mention in this article that will help people become successful business owners. After expanding our organization into several different cities throughout the United States by developing our people into managing partners, we’ve acquired a keen sense of what it takes to be successful. Don’t just keep pulling your hair out wondering if you’ll be a success or not. Just follow these 7 tips for success and you’ll be head and shoulders above the competition.

Be Nice to People

Granted, not everyone will be nice to you. In fact, most people are going to think that you are crazy for wanting to run or own a business. Customers are going to be rude to you. People are going to tell you that you should be ashamed of yourself for soliciting your services. You can tell yourself whatever you want to make yourself feel better, but at the end of the day, your success or failure will be influenced by your audience’s perception of you. It always makes things worse when you are disrespectful or make snide remarks. It never makes things worse if you are nice. People will come around, but not if you don’t give them a reason to.

Immerse Yourself in Your Industry

Don’t just wade in the shallow end. Don’t just dip your toes in and test the waters. Jump in. Immerse yourself in the industry in which you are going to be running your business. No one ever made any progress by just ‘trying it out.’ In order to make waves in an industry and really be a success, you have to know what the other leaders of the industry are doing, what they aren’t doing, and what they should be doing. Have your thumb on the pulse of your industry, know more than your competitors, and focus your daily actions around beating them.

Cash is King

It doesn’t matter how great your business idea sounds if you don’t have the money to back it up. There’s a saying about rainy days and saving money, and it rains more frequently if you are a business owner. There are a lot of expenses, some of which you wouldn’t expect, that you have to have liquid funds for. Don’t tie up all of your money in leasing a brand new office space, buying a company car, or other frivolous ideas. You haven’t made it yet. You haven’t even started. Save your money, build a bank roll, and stay profitable.

Prepare for the Long Haul

Some people are known to become overnight successes. Recently on Live with Kelly and Michael, Amy Schumer mentioned that she has been called the fastest-rising comedian. She also went on to say that she’s been called that over the last decade or so. There’s no such thing as an overnight success in the real world. It takes several years of hard work, working for peanuts, and filling your pockets with knowledge and experience instead. Only later on will your knowledge and experience turn into dollars.

At Fire Inc, we’ve expanded into several different cities throughout the United States by training motivated individuals into business partners. Not one of them has been an ‘overnight success,’ but several of them have been able to get promoted into these positions within a year’s time. For more information on our training, click here.

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Posted by on July 29, 2015 in Uncategorized

 

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