Cloud CFO Accountants
andrew-neel-308138-unsplash.jpg

News

Latest updates

5 strategies for success

Ready to take your business to the next level? Employ these strategies and you’ll be well on your way.

1. Personal investment

This investment is in yourself, in you as a person. You need to ensure you’re developing your skills on a continuous basis so that you’re not only ahead of the curve, but in touch with what your business needs. Having the mental space and ability to take your business where it needs to go is invaluable:
self-improvement, in one form or another, should be part of your monthly To-Do List.

2. Learn how to network effectively

Networking isn’t what it used to be. While handing out business cards to all and sundry might occasionally get you a call, forming relationships with people and answering their needs with your solutions (in a friendly and accessible way) can make a real difference to your client base. Learn the subtle art of networking, and you’ll be well on your way to success.

3. Plan – and follow through

All entrepreneurs know the value of strategic planning, brainstorming new ideas and implementing patterns for the future. But not all entrepreneurs invest as much time in following through on those plans and patterns. If you notice that you get a burst of energy with a new idea and then it fizzles out and becomes just another ‘wouldn’t it be nice if’, it’s important to put concrete plans in place. And then break those plans down into actionable steps.

4. Keep your focus

It can be tempting, once you’ve reached a certain comfort level with your business, to want to expand and grow it in many different directions at once. But the reality is that keeping focused and specialised on one specific product or offering is usually the best way to ground your business. Only you will know when the time is right to expand, but remember the power of focus and how it can create a foundation for success.

5. Inspire your team

It’s all very well knowing what your vision for your business is, and feeling dedicated to your mission, but if you don’t inspire high standards and a commitment to the end goal in your staff, you’re fighting a losing battle. It’s important to have a ‘nothing less than excellence’ approach to everything you and your staff do, and the only way to do that is to inspire them, daily, to share in your vision.

These are just a few of our favourite success strategies – let us know what you would add to the list!