Edmonton Business Coach | Small Business Isn't Easy
Talk to an Edmonton business coach before you decide to take the leap on starting a small business. A lot of people are under the illusion that starting a small business is the key to easy Street. What is reality is simply this: instead of having one boss, you have several bosses.
A lot of people start their entrepreneurial journey thinking that they never want to listen to another human being for as long as they live. Being an Edmonton business coach, we see this all the time. And it is also, at times difficult to get people to listen to our device. Simply because they want to be right, rather than make money.
For any of our Edmonton business coach clients, we want you to be successful, which means you’re not going to be right all the time. A coach is somebody who knows the way to go, and then shows you how to do it. We only use tried and tested methods and strategies.
We use all of the strategies on our own businesses. And we have seen them work for successful businesses all over North America. This means that the principles are tested and verified for validity. The truth of the matter is, that small businesses don’t start out amazing. Most of the time small businesses aren’t very good in the beginning.
There’s a lot of trial and error involved when you start any new business. That doesn’t mean that your business is awful to start with. What it means is that there is always room for growth and improvement so that you can stand the test of time.
Your business should serve you, not be a burden to you. In order to make a business that is self-sufficient, then you have to take the time to create systems and processes that will allow you to step away from the business at the right time. Some people are under the illusion that they will be able to step away from their business in the first year.
What these people don’t realize is that the first 5 to 10 years of their business are going to be the most difficult ones of their lives. This is the trying time. This separates the winners from the losers.
It is our aim at inspired method marketing and coaching to do everything in our ability to help small businesses to succeed. There isn’t any greater pleasure that we have than seeing a small business owner win.
Call our offices today at 780-937-2939 to schedule a free consultation with one of our coaches. We will be able to assess where you are in your business timeline. From there we will schedule you into our calendar for weekly strategy sessions. The cost for the first month is only one dollar. Space is limited so save your spot today.
How long does it take to develop solid leaders? You have to be willing to invest a lot of time into getting good people into your organization.
Edmonton business coach | develop your team
Just ask the Edmonton business coach how long it takes to develop a team. You will find that creating a great team takes a lot of time. One of the things that we help our coaching clients to do is provide a winning human resources strategy.
Human resources is one of the biggest time wasters for any business owner regardless of size. There are so many hours wasted on people who never show up to interviews, or people who lie on their resume and art able to deliver what they have said in their CV.
You have to be willing to invest for the long haul in order to create a winning team. This is not an overnight thing that the Edmonton business coach can help you with. We can set you up with the strategy, and the systems to train your staff members. But finding the right people is simply a numbers game. You’re going to go through a lot of coal to find that diamond.
One of the myths that business owners often believe is that if they hire an outside superstar CEO, that their business will become successful. In his book good to great, Jim Collins shows the numbers that refute this claim. What they found in their research is that any of the companies that outperformed the stock market for a long period of time, had CEOs that were promoted internally.
One of the issues that some companies run into is cash flow. Running out of cash is the number two reason why most businesses fail. Running out of cash at the wrong time means a your business will go into bankruptcy and you will not be able to achieve the goals that you wanted to. It doesn’t mean that you are a failure, because failure is something that happens it’s not a person.
The Edmonton business coach at inspired method marketing and coaching will help you to develop a winning business. It doesn’t happen overnight, but it does happen.
How a lot of businesses run out of cash happens this way. The new business will make a a lot of sales, but not have enough time to fulfil on the orders by the time they have to pay all of their suppliers. Most new businesses don’t have really great relationships with suppliers, or financing options. You have to be smart when planning your growth.
This is why it is good to start with a small team rather than trying to take on the world in your first year. You have to some time to smooth out any rough edges and your business. Delivering a world-class product or service takes time.
It is always good for the owner to be involved in developing all of the systems and processes for the business. That way they know exactly what is going on, and they are not abdicating that responsibility onto somebody else. In many cases when things go wrong, they tend to blame the other person for the lack of success. Getting involved in every part of the business growth process, ensures that the business owner takes responsibility.