Every entrepreneur thinks that they’re doing the best for their business. After all, it’s not just a company that they happen to work for; it’s their child, and they’re going to be defined by its success or failure. However, though every entrepreneur is well-meaning when it comes to their business, the truth is that many leaders end up making fundamental mistakes that prevent them from delivering their best.
And so, with that in mind, we have to as: Are you delivering your best for your business? Take a read of some of the critical factors that’ll determine your answer below.
Forget the working hours
Is it noble to work for twelve hours a day, five days a week, fifty-two weeks of the year? While the old-school wisdom would say this “workaholic” was doing the right thing for growing their business, new research may show that this approach belongs in the past. The amount of hours worked isn’t what’s important. What is important is how productive you are during those hours that you work. And the research shows that the longer you work, the less productive you become. So those twelve hour days may be more of a hindrance than a help!
Time of day to work
We’re beginning to move away from the idea that people should begin work at 9 am as a routine. Some people are not, and never will be, morning people. Their mind may come alive in the late afternoon, and they might begin their best work during the evening. If you’re one of these people, then don’t let their creative time of the day go to work just because it’s not the usual working hours. Spend your morning period doing the non-taxing tasks, and get to the real work in the afternoon. By structuring your day around your skills, you’ll be able to deliver your best for your company.
Know your strengths
We have some bad news for you: you’re not good at everything. Indeed, you’re likely only good at a handful of things! When it comes to your company, it’s important that you conduct a little bit of self-analysis, and see what exactly you’re good at. It’ll prevent you from assuming the roles for which you are underqualified. If you don’t know where to begin, ask yourself the following question, in relation to tasks where you’re not quite sure if you have the right skills or not: “would another company hire me to do this role, and, if they did, would they be happy with my work?” The answers may surprise or disappoint, but it’ll all be good for your business in the end.
Bringing employees on board
Your business may have begun its life with you as the only employee, but there’ll come a time when that needs to change. By hiring employees, you’ll be adding a long list of skills – that you don’t possess – to your company. Some entrepreneurs find it difficult to let go of some of their responsibilities, but, for the sake of the company, it should be considered a no-brainer. The only consideration is to make sure you have correctly. Hiring the wrong person can be an expensive error to fix, and can overall cause more problems than you realise. Develop a robust hiring process, and you’ll get more right than you get wrong.
Of course, you won’t be able to hire an employee for absolutely every task that needs to be taken care of at your business. You’ll be constrained by a budget, for starters, and in any case, while some tasks might be important to the overall success of your company, they’re not large enough to merit hiring an employee. This is where outsourcing comes in. You can hire companies that specialise in IT support, social media marketing, and issues related to tax and accounting, amongst others. With these companies on board, you and your staff will be able to focus on your core duties knowing that the important tasks are taken care of, the ones that you have the skills to complete to a high standard.
In order personal life
We’re talking about your professional life in this blog, but don’t forget that what happens in your personal life will impact your professional life, and vice versa. It is impossible to deliver your best work if your personal life is chaotic and disorderly. It’s about making sure the bare essentials are in check. That means eating well, getting enough exercise, making sure your home life is conducive to working well and getting enough sleep. If you feel good about yourself and in your personal sphere, then you’ll be able to give yourself over to your professional life without hesitation.
Tips for energy
You might be committed to delivering your best work, but there’s a problem: you don’t have the energy to see the day out. You’re crashing out in the afternoon, and when you begin to slump, so does the quality of your work. Every entrepreneur needs to ensure that they have the energy to see them through the day, and, happily, this isn’t as difficult as it sounds., Start off with a large oatmeal breakfast, and follow it up with a cold shower (trust us). Throughout the day, make sure you get up and out of the office, and then go for a run in the evening. Within a few days, you’ll notice that you’ve got energy to burn.
Out of the comfort zone
No-one ever gets anywhere by standing still. This is true physically and metaphorically. As an entrepreneur, it’s your duty to your company to keep moving forward. You need to be open to new ideas, possibilities, ventures, and so on. Sometimes, this will mean stepping out of your comfort zone. When that opportunity comes: walk towards it. If you keep an open mind about where your company might go, you’ll find that your business stays healthy long-term.
Look at your company culture
Your company culture is everything. It gives you your identity, and determines how your customers see you, and how your staff see the company they’re working for. And remember: your company culture is set by you. So take a look. Is it as positive and healthy as it could be? Are the lines of communication open? Are people free to be creative? If any of these answers are “no,” then take a look at how you improve your company culture.
Open to collaboration
You might have a one track mind, but remember that it might do you more harm than good in the long run. As a business leader, you need to be open to collaboration and working with other companies. There’s no room for “us against the world” when it comes to the business world. By having the humility and foresight to reach out and work with others, you’ll be able to take your business in interesting, new directions.
Slow down and get things right
Time is of the essence, sure it is. But while you may be eager to turn your plans into reality, remember that there’s much to be said for slowing down. Stay focused, and work on getting things right the first time around.
Taking a break
Take a break! It might not be the advice you want to hear, but after a particularly busy period, you’ll be well-served by taking a step back and taking two weeks to recharge your batteries. Head to the beach, and you’ll be able to return to work with renewed determination.