Top 5 Entrepreneur Resolutions for 2019

Your goal for 2019 should be to accomplish all of the goals you’ve made in 2018, which you should have done in 2017 because you made a promise to yourself in 2016 and planned in 2014….Stop waiting and start doing! Let Got Capital be the solution to your resolution!

1) If a product fails, call it Beta Version

Never give up on your entrepreneurship dreams. If you feel like something is not going your way, take it as a valuable lesson and grow from it. Regardless if you are going through a rough patch or experiencing substantial growth, always remember why you became an entrepreneur in the first place. Allow 2019 to help you grow and remember why you have embarked on creating a difference in the business world.

2) New Year. New Web

If your business website is older than a fine aged wine- it may be time to update it.  Evaluate the usability and user experience of your website- meaning the colors, images, content copy, page layouts..etc. As time changes, websites should go with it too. It is important that websites maintain modernity and is easy for users to navigate. Furthermore with this change, it may have also a positive effect on your digital marketing strategies.

3) Keep on Learning

Read all about the latest trends that are going on in your industry and how you can take advantage of it. Furthermore, take benefit of major industry events. A big success in business is to absorb the knowledge around you.

4) Financial Statements Don’t Read Themselves

Commit yourself in understanding your finances more. Many business owners are too busy to check or don’t understand their financial statements- so they bypass them straight to a bookkeeper, CFO or accounting professional. Make a commitment to yourself to learn what the balance sheets mean to your business.

5) Keep Growing your Business with Confidence

The founder of the Virgin Group, Richard Branson says When employees tell you about their good ideas for the business, don’t limit your response to asking questions, taking notes and following up. If you can, ask those people to lead their projects and take responsibility for them. From those experiences, they will then have built the confidence to take on more and you can take a further step back.  Stepping back frees the founder to focus on the bigger picture — to dive in when there are problems or to help close a deal. This is how I manage our diversified group: I am not involved in the daily business of any Virgin company, unless I need to be.”  Teamwork certainty does make the dream work.

Bottom Line: Let your New Year’s Resolution be 1080p. Concentrate on ways to constantly make your business brighter and stronger. Got Capital is here to help you achieve your business dreams- our business representatives are happy to help you with any questions you may have.

 

5 Biggest tips to make your Business Grow

It takes a lot of preparation for rocket ships to launch into space and explore the galaxies. Endless hours of training, spinning in that circle thing, measuring lung capacities..etc. There are important and crucial steps to take before BLAST OFF. Astronauts must be prepared well for smooth sailing- similar to business owners.

 

For a prosperous and smooth journey into the galaxies of business growth:

Here are the biggest tips in making your business grow- without any turbulence.

1) Drop the “Build it and they will come mentality”.

 

Sometimes businesses overlook the importance of a marketing budget. Some may say Facebook is something for millennials and Yelp is only used by a super angry soccer mom whose son wasn’t happy with his chocolate chip pebbles pancakes at the local Pancake Shop. However various consumer studies have concluded with marketing in any form (print, digital..etc)  is highly important and crucial to the success of a business. It helps create more traffic to the business website and gives a customer-centric approach to gaining further leads.

 

2)       Happy Team Happy Business

 

It is important to keep your employees happy and not let it be a scene from the movie “Office Space.” It is important to make your employees feel appreciated because if they are unhappy- sometimes that attitude can spill over into customer interaction. A happy workplace boosts productivity.

 

3)    Invest in the right type of technology

 

Welcome to the 21st century, stop using outdated technology that is as old as Madonna’s Material Girl. By utilizing the right technologies, it gives you the ability to systemize and scale creating sustainable and often more profitable growth.

 

4)     Attend networking events

 

Investing time in building your networks will benefit your business tremendously. Sometimes it’s not about what you know- but who you know. Networking allows you to build relationships with other people and encourage them to refer customers to you through WOM (word of mouth)

 

5)  Nurture existing customers and look for new opportunities

 

Set aside specific strategies in place to boost up customer retention. Stay in contact with existing customers via an e-mail newsletter. At the same time look for new opportunities to get more work and build your customer base.

 

 

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