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Sml Med Enterprises
@sme
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4th Rock from the Sun
Created
2017-08-10 15:29
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sme
business
9y
External pressures and demands on our business
It is inevitable that at time there will be personals, family or other external demands that will tempt or necessitate us to take money from our start up. What do we do in these situations, how do we help
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sme
business
9y
Two important records to keep when starting out
From day one we should be keeping a log of revenue and expenses and weekly creating a income statement. A daily revenue and expense log does just that. We record all expenses as they occur or on the same
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sme
business
9y
Keeping records
After identifying our offering, finding customers and listening to them to discover better ways to meet their needs, its important to add additional focus to the day to day administration of our business
sme
business
9y
Making adjustments and creating positive customer experiences
Part of listening to customers is also to take in and act on the feedback gained. It is worthless to hear what customers are saying without acting. Not all that our customers express is totally relevant
sme
business
9y
Listening to our customers.
Listening takes on many forms and we should learn to exercise as many as possible in order to maximize the feedback we receive from our customers. This feed back should be analysed, prioritized and utilized
sme
business
9y
Some ways to engage our customers
We need to be creative about ways to interact with our customers and for ways that they may interact with us. Here are a few suggestions to get the grey cells working: Polls - these allow customers to
sme
business
9y
Engaging with customers
It's important to get noticed by customers, but more than that we should involve them and encourage them to interact meaningfully and purposefully with us. When customers interact and engage in a meaningful
sme
bitcoin
9y
Yes This Bitcoin Crash Was Scary, But Have A Little Perspective
Yes, this latest crash in the cryptocurrency markets was scary, in fact it was down right terrifying! However, not only was it not the worst these markets have ever seen, but it actually looks quite normal
sme
business
9y
Being busy isn't success.
Once our start up is up and running its easy to think that just because we are busy we will make it. This is not necessarily the case. Busy does not necessarily equal success There is often a huge difference
sme
business
9y
How to grab customers attention
Customers don't miraculously appear out of nowhere. They must be alerted and enticed to find out more about what we are offering. Our offering must be something that they care about and that they believe
sme
business
9y
Using the right channels
Besides getting the messaging right we also need to consider the channels we will use to get that messaging to our potential customers. In this technological era we are no longer simply bound by physical
sme
business
9y
What is our business message?
Once we have figured out who our customers are and what they are all about, it's necessary to make sure that we are connecting with them. Its very important to figure out what our message will be. If our
sme
business
9y
Who is our customer? and why is it important.
This is a question we should ask ourselves regularly. In seeking to understand and meet our customers needs we should constantly be analyzing who our customer is. Some area we should regularly unpack and
sme
business
9y
Customers and business.
The way customers experience your business will weigh heavily in on your success. Whether you have many or very few customers meeting their needs should be a large focus. They should be enthusiastic about
sme
business
9y
Do you really want your business?
It's an interesting question to ask. But, we should ask it early on. Sometimes after having a great idea and doing some research we just plough into it without a second thought. We should stop and do the
sme
business
9y
Finding our passion
People who find fulfillment in business are not usually only in it for money. Often their passion is not money but solving a problem or meeting a need. These types of business owners will spend free time
sme
business
9y
The threat and opportunity of change
Change is a double edged sword in business. It can render what we are doing now, less relevant but simultaneously provide us with new opportunities. One thing that we do know is that change is constant
sme
business
9y
How to identify customer needs and meet them
Without paying customers we do not have a business. Without having something to offer that meets customer need they will not buy from us. A very important skill to develop is how to regularly review, identify
sme
business
9y
Once you descide to start a startup.
There are practices that we can commit to do right from the start and as we continue: 1.Believe in making and keeping commitments these commitments can be to ourself our mentor or just to interested parties.
sme
business
9y
Habits of a successful business owner
Success isn't so much about luck, it is cultivated and nurtured. Nurturing is a repetitive task and so needs to become a habit. Some of us have these attributes naturally, for others we need to develop
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