Edmonton Business Coach | Small Business In Today's Economy
Get excellent small business advice with your Edmonton business coach at inspired method marketing and coaching.
For only one dollar, you can have one month of business coaching and marketing help to grow your small business. Simply call our Edmonton business coach at 780-937-2939 and schedule four weeks of business coaching for one dollar.
Industry Canada states that 15% of businesses fail in their first year. By year two that number rises to 30% and by year five, 50% of all Canadian small businesses fail.
This is something that we are in business to fight. We want to help small businesses succeed and live beyond that five-year failure rate. The tips that we are sharing in this article are important not just for the average small business owner, but for the entire Canadian economy.
There are human cost involved with the failure of any small business. Small business owners make up the vast majority of all businesses in Canada. This also means that small businesses employ most people in Canada.
When small businesses fail, it affects not just the business owner but there employees, and families.
That’s why inspired method, your Edmonton business coach, wants to work with small businesses to help them succeed. Let us help you grow your business by using proven strategies and methods that will work for you.
The first secret that small businesses need to understand is that not everyone is your perfect customer. Small businesses often get excited about their product and service and they think that everybody is the perfect client for them.
This is often not the case. Unless you’re selling ice cream to kids on a hot day, not everyone is going to love your product and service. This is why you have to have unique differentiating factors, and unique selling points that help you to stand out from a crowded marketplace.
As Seth Godin says you need to look for the smallest viable audience to grow your business. You absolutely cannot create a product that is going to suit everybody. There is not enough money in the world that could help you to market to every possible audience and person on the planet.
We specialize in helping small businesses to succeed.
Worklife balance is something that is remolded by a lot of gurus on the Internet. This is something that is unattainable. There is no such thing as having everything in your life in perfect balance.
There are times when you will be working 70 or 80 hours per week in order to get your business up and running. This doesn’t mean that you completely nor your family.
When you are at home away from work, this is the time when you focus on being with your family.
The common mistake that business owners repeatedly do, is they never turn off their work. When you’re at home with your family or out with friends, this is not the time to be putting together quotations, or sending out emails, or answering customer questions.
Edmonton business coach | be a winner
When you’re at home with your family, this is the best time for you to recharge your batteries and let them know how important they are to you. Take this advice from your Edmonton business coach. We want you achieve your best life now.
Bill Gates is quoted as saying most people overestimate what they can do in a year and underestimate what can be done in 10 years. There is no truer saying than this.
Because we have worked at growing our business, we have seen the same pattern that every successful business sees. It always takes 10 times longer than you think it’s going to.
If you’re in a rush to make it rich, then you are ultimately going to fail.
Your friends and family won’t understand what you’re doing and that’s okay. When you’re working with the Edmonton business coach at inspired method marketing and coaching, we will show you how to optimize your schedule so that you can have ample time to get everything done that you need to, and enjoy your life.
Family and friends, for the most part, are employees and have bought into the idea that they only have to work five days a week for 40 hours. When you look at the successful people, they work six days a week and rest on the seventh.
If this formula was good enough for God when he created everything, then it’s good enough for the small business owner trying to become successful.
If you need help growing your small business, then get in touch with the Edmonton business coach at inspired method marketing and coaching. If you’re on the website right now all you have to do is click the get started button and felt the contact form.
You can also reach out to us at 780-937-2939 and a business coach will schedule a one hour consultation with you and get you put onto our schedule for one month of business coaching for a dollar.
It takes a long time to build a strong company culture. When we look at companies that we admire the most like Google, Apple, and other reputable businesses we want to have the same culture.
The only way to achieve such a dynamic and vibrant culture is to have a defined set of mission and values.
When you have a defined set of values, that you regularly communicate to your team, this is the only way that you’re going to begin the culture building that’s necessary.
Employees will not do what you are unwilling to do, so you have to set the example and live by your company’s values each and every day. It is completely hypocritical for you to expect your employees to show up early, and then you rolled in at whatever time is convenient for you.
You also have to hire before it’s necessary in order to win in business. Employees will leave you when it’s convenient for them, not when it’s good for your schedule