SMALL HABIT, BIG WIN!

Posted on August 4, 2021 · Posted in Blog, General, Memo Plus Gold, Personal

One of the keys to business success is looking after the small

things, but it is not just a case of one and done. That is why it is

important to keep doing the small tasks that help your business to grow; day in and day out. Here are some good business habits that will help any enterprise to be more successful.

Delegate?

Ever felt that you have too much to do in too little time? Chances are you are trying to do everything yourself, which is a common business mistake many entrepreneurs make. Just because you can do everything yourself does not mean that is the best use of your time, or that you are the best person for the job. Instead of doing everything yourself, you need to learn the art of delegation. Although you may still struggle with it, you will get better in no time. You may work with some of the most amazingly talented people in the world, and you trust them to make the right decisions and do great work. Instead of micromanaging, we assign tasks and responsibilities to each person in the team. That means everyone is working to their strengths and the whole business benefits. The sooner you learn to delegate, the better it will be for your business and your mental health.

Be Frugal

Being frugal is vital, especially in the early days before your business has a consistent track record of profits. Often, entrepreneurs go crazy on spending big bucks for fancy equipment, office space and so on. That is a terrible idea, because overspending can leave you out of pocket, and stop you from reaching your long-term business goals. If you find a way to reduce cost, go with it. The more money you can save, the more you can keep – it is that simple. And if you do have cash burning a hole in your pocket, try investing it in something that will grow your business rather than the latest must-have gadget.

Track Mentions and Reclaim Links.

Tracking brand mentions lets you see what people are saying online about your brand and can help you understand your customers and respond to critics. While it takes time to build a solid reputation for your small business, it can be undone in just a few hours if you are not paying attention and responding to people’s comments and concerns. That is why it is essential to monitor your social media presence and brand mentions on a regular basis. Now, monitoring can be a challenge if you do not have a way to automate and streamline the process. Along with monitoring mentions, you will also want to build links to your website to enhance your online reputation. Then, all you have to do is make contact with other site owners and ask politely for the link. Many site owners are happy to oblige.

Improve Your Time Management Skills.

Ever felt that you need more time to get things done? Want to know the secret trick that could help you add more hours to your day? The best tactic is to start waking up early. Time blocking is another great habit that can help boost productivity. The concept is similar to creating a financial budget on paper, except in this case you are planning to spend your time rather than money. All you do is block out time on your calendar for the main things you want to achieve. This allows you to focus on your top priorities, create hard boundaries, and live your life the way you want.

Meet A Leader You Admire.

We all have people we admire. Whoever it is, you have probably dreamt of meeting them in person or online. The best thing is you can get valuable insights from those leaders that you would have spent months, if not years, learning on your own. Ideally, you want to learn from someone who has experience, a proven track record, and who practise what he preaches. You can meet leaders at conferences and ask to interview them, or simply ask for their insights into a specific topic or problem. The worst that someone can say is “no, sorry” – and if you do not ever ask, you would not ever receive.

By allowing you to focus on your strengths, track your online reputation, manage your time and money and get insights from mentors, these five practices will make a huge difference to the productivity of your small business and will help you grow as a person. Make them your daily habits, and you will be poised for business success.

As usual, we remind you to take your Memo Plus Gold daily. It will help to keep you alert and mentally sharp.Natural memory enhancer