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Understand the important of long term planning when starting your business



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By : Derek O'Dwyer    29 or more times read
Submitted 2009-12-22 10:35:16

As we apply the teachings of The Slight Edge to our daily business life, I find myself agreeing with the book time and time again.

Many people in the world get the entrepreneurial seizure at least once in their lives. They want to work for themselves, to enjoy the freedom. They have some money that they can invest. Everyone that they speak to is outwardly supportive. How can they fail to succeed. After all, it is their brilliant idea.

What many people do not realise when starting a business is that it takes time to succeed. Most people do not invest the time when the time is needed.

If you consider a small business at the beginning, its similar to an airplane taking off. As you start off down the runway, you need full throttle. Then you take off. At this point in business, many business owners starting their business begin to relax and guess what happens – they crash. They have not focussed their business on gaining momentum and stability because they did not persevere with what works for long enough - They probably got too busy on things that made no difference.

Doing the necessary right things every day over a long period of time will yield results for you and your business. Doing the wrong things every day - while not really impacting the business on the first or second day - will have massive consequences. This could be a. not greeting customers, not returning calls, not issuing invoices, not making the required number of sales calls just because you got that one big order.

When we coach business owners, we try to identify the small things that may not reflect good practice and we educate the business owner on best practice. By applying and teaching the best strategies for the business owner, we gain improvements which we measure on a consistent basis over time.

The wheel always turns – time catches up and what every business owner must realise is that this is a marathon, one that needs stamina, endurance, patience. The rewards will come.

The average age of a millionaire in the US is 52 and the majority of these were compiled from small business owners who do the right things every day over a long period of time.

If you want to get started online, give yourself time to succeed. We see people jump from MLM scheme to MLM scheme, from network marketing scheme to network marketing scheme, chasing residual income pay checks without having done the hard graft initially and ongoing.


Author Resource:

If you are thinking about starting a small business, then click here for some FREE resources which you can benefit from. Derek O'Dwyer is a business growth specialist. He works with business owners who want to grow their business into a saleable asset.

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