Thursday, December 12, 2013

5 Rules for Growing Your Business in 2014

I recently was reading a trade industry magazine for business men and women. This magazine had a section dedicated to sound business advice. While a lot of the information and quotes were pretty basic, I found five quotes that really inspired me to look at what I can improve upon in 2014. I decided to share these quotes with you, and expand a bit on them, to help inspire your growth as a business owner in 2014.

1. "Never confuse activity with progress." —Ty, Boston, MA
I agree. You can be busy and still not grow. Don't be satisfied with the business you do have. Go after the business you don't have!

2. "Cash is more important than your mother." —Grace, Shanghai, China
I know this is harsh, but cash is king. Your mother wouldn't have nice things if it wasn't for your extra support (I hope). So, know cash makes the world go round and if you're not bringing it in as a business owner then you're doing something wrong.

3. "Always look for people smarter than you, and surround yourself with people who can challenge and inspire you." —Doug, Redwood City, CA

If you think you're the best then you will fail fast. Find people who know more than you and continue to learn.

4. "Hire slowly. Fire quickly." —Jenny, Seattle
I couldn't agree more. You can develop skill, you can't develop customer service. If you have someone on your team who is abrasive and not caring, fire them right away before the situation becomes worse.

5. "Getting your business launched and your first product onto the market will take you twice as long, and cost you twice as much, as you think it will." - —Dave, Toronto, ON

Well said! If you think this is easy, you're not really equipped to run a business.

I hope these quotes have inspired you to do great things in 2014.

Until next time,

Twyla

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