Posts Tagged ‘Business Strategies’

Strategies to Build Succesful Business

Many people said that to become an entrepreneur, someone should start a business before it stopped working. This is probably good advice, but not necessarily easy to put into practice. When one becomes a permanent employee in the company, certainly did not have much time to take care of business. However, if leave their permanent jobs, he must build his business up to a certain scale in order to finance the first of daily life. Then, what is the solution?

To be sure, if you are in this position, you certainly do not want your boss to know that you do other work outside the office work. If he knows, you might be labeled as employees who are not dedicated. So, the most important thing is for the first time, finish your job in the office before doing business. This can actually motivate you to finish the job to be able to immediately take care of business. This also means that you can not do your business while in office. Moreover, today many office computers are supervised office management.

Now, if in the future you plan to leave work and raise your business, here are the steps that can be done, according to the suggestions Deborah A Bailey, author of “Think Like an Entrepreneur: Transforming Your Career and Taking Charge of Your Life.”

Select a date each month
On that day you must work full to raise your business. When choosing the time, you have to be realistic. Make sure that the day was the day the appropriate, convenient, and perhaps for you to do business.

Check your expenses
Calculate how much to raise the funds needed for the business and you need each month. If you no longer work, see if there are sufficient funds to cover these expenditures. If not, then you must calculate how much longer you should still be an employee.

Start paying card bills
Make a target to pay off all your credit card bills. Plan also funds for business.
Ready to work independently If your business is done at home, so be prepared to work alone, without co-workers. Therefore, build up your network to get support from many quarters before you leave work.

Create a business plan
Define your business mission and philosophy, is also the reason why you do it. The reason that you do not want to work on others is not enough to build a business, then convince yourself about the business you want to enter.
What if you do not want to leave your job? That is, you want to run both simultaneously? Here are the steps that can be done to balance it.

Create constraints
Business clients so you can ask for more, but you should still put your regular job. You have to discipline at the time and tell your clients when you work in an office and when taking care of business. Surely you do not want your energy being spent on taking care of business every home from work because it can make your stamina at work tomorrow to be reduced.

Be careful to use social media
Be careful to promote your product or expertise in social networks like Facebook and Twitter. Because, the company could track your activities in cyberspace. If you do business with your company’s business done, obviously this could increasingly jeopardize your position in the office.

Do not be wasteful
With the additional income from the business does not mean you are so wasteful. Save your money larger or use for business development purposes, not for purposes of self satisfaction or for fun.