August 30, 2012

Page 1 Page 2 Page 3

As successful entrepreneurs we’re always learning.

Whether it’s a crash “life course” in new business development, managing employees, social media, supply chain management, sales — there’s never a dull moment.

In the midst of over-booked days, overflowing email inboxes, new ideas and life — it’s easy to get lost in the “now.”

In light of this, we can benefit from useful reminders to keep us sharp and prepared for successes and challenges ahead.

Here are 10 things you should never forget in business.

1. It’s just lip service until you …

Sign here, on the dotted line.

Have you been approached for a collaborative project with another company? Are you courting new investors? Have you hired a new company to help you improve your sales efforts? After the handshake and before you begin – put it in writing.

In fact, put everything, that impacts your company (in any way) in writing. Verbal contracts aren’t worth the paper their written on. It’s not only a professional and responsible way of doing business, it ensures that you start any new endeavor on the right footing. Setting expectations isn’t the easiest at times but it’s far easier in the beginning than dealing with the regret of not doing so in the end.

2. Build your business and your life.

Should you focus on building a sustainable and profitable company? Absolutely. But as you carefully craft your company, and lay the foundation of your dreams don’t forget to design your life.

Take time to connect with other entrepreneurs, take a trip, and simply do what you love to do. Develop life goals and business goals. Stay focused on them at every juncture.

3. Make definitive decisions.

It’s easy to be indecisive. Especially when there’s a lack of information, faith or focus on what is essential and how events and opportunities connect to the bigger “business picture.”

Learn to trust your ability to make positive and impactful decisions in your business. If you lack expertise, seek wise counsel. Either way — gather facts, trust your instincts and act swiftly. Never let indecision turn into missed opportunities.

Need help? Get inspired with tech savvy tools like Idea Bucket — a pro and con list on steroids.

Page 1 Page 2 Page 3