Edmonton Business Coach | Success Is Not Guaranteed
Simply calling an Edmonton business coach is not enough to guarantee your success. You have to be willing to put in the hard work and discipline that is required by any business owner to be calm successful.
Every business owner that we talked to has big dreams for their business and for their lives. And it is our goal as an Edmonton business coach, to help them achieve those goals. In many cases, however, we have to give people the harsh realities of starting a new business.
Starting a new business is one of the most difficult things that a person can do. There are many rewards that go along with business ownership, but there is also a lot of challenge that comes with it. Our Edmonton business coach does not hide this fact from any of our customers.
In fact, we don’t work with a lot of clients simply because most people aren’t willing to put in the hard work that is required in order to develop a strong, solid business. There is going to be long nights, and long days that are just part of paying the price.
Whenever we hold our business boot camps, we start them on Saturday morning at 8 o’clock. Why eight o’clock? That separates the real entrepreneurs who want to get things done, from the so-called entrepreneurs. If you’re willing to wake up early on a Saturday morning to come out to a boot camp, then you have what it takes to start a new business and become successful.
Do most businesses start out with an amazing product or service? The answer to that is pretty simple. No. Many of the products and services that we use today didn’t start out that way. These amazing products started out as a piece of garbage. They delivered a piece of garbage to people and then refined the piece of garbage into a piece of gold over time.
Microsoft has a philosophy that a product delivered is better than a perfect product never delivered. Some may disagree with this philosophy, but if you wait until something is perfect, the likelihood that it will never launch is almost certain.
So who is responsible for all the sales and marketing when your business is just getting started? Unless you have very deep pockets or really good amount of seed capital, the owner is the one who is responsible for all of the sales and marketing when you’re starting a new business.
This is not something that you can abdicate to anybody else. Firstly, you have to understand what business your in, who your customers are, and how you’re going deliver your product to them. Once you understand completely what business you’re involved in, then you can create the repeatable sales process for that business.
Then and only then can you begin teaching other people how to sell your product or service. Once you have a good sales script in place, you can virtually train anybody to sell your product. This is exactly what you want to do to create a business that is scalable.
Edmonton business coach | cash flow
The advice the Edmonton business coach gives two new companies concerning cash flow is to make sure that you know how much cash is coming in, and keeping and I on those numbers regularly.
Some people think that just because they’re making a lot of sales, that they are making a lot of money. This is not always true. A lot of times cash flow can cause businesses to fail regardless of the amount of money that they are drawing in.
This doesn’t seem to make sense, but the Edmonton business coach has seen it where a company makes a lot of sales, but because of the timing of the invoice, versus the timing of when bills need to get paid don’t match up. So they basically run out of cash before they are able to fulfil all the orders that they received.
By having an Edmonton business coach, you can avoid situations like this. We will help you keep an eye on your sales, and give you the advice that you need to avoid situations just like this.
Some people think that hiring an outside leader will help them create a winning business. If you have ever read the book by Jim Collins, good to great, you will see in their that this is not the case. They have data that shows the companies that outperformed the stock market always had a leader that was raised up from inside the organization.
Thinking that you can hire somebody from outside turn your business into a raging success, is simply untrue and there is data to back that up. In order to get the right team, you have to understand what your business stands for. It takes time to build a good culture in any business. You cannot simply start a business today and expect to have a great culture tomorrow. In a lot of cases, you’ll start out having only yourself as the person doing everything.
Developing that award-winning culture is something that takes time, but is well worth it in the end. This only happens by design and not by default. You cannot wish your way into a good culture. You cannot hope your way into a good culture. And you cannot never meet with your employees and expect to develop a culture that wins.
Just like you have to speak with your family on a daily basis, you need to meet with your team regularly weekly, if not more frequently, so that they understand the same things that you do. They will only care if you care.
Contact inspired method marketing and coaching for a free one hour consultation. In this consultation we will help you discover more about your business than you ever thought. From there we will then schedule four weeks worth of world-class business coaching and marketing based on your needs.