EXPLORE THE WORLD OF BUSINESS
Many long-time small business owners would agree with the line from the 1970s song by the band Faces: “I wish that I knew what I know now.” Over years of running a small business, owners inevitably gather many lessons about how to grow and run a business more effectively. Thankfully, many of these owners are more than happy to share their insights. Here are seven business tips from several successful small business owners that are worth paying attention to:.
With that in mind, here are 10 things that I wish I knew before I launched my own business.
1. Running the business is always the top priority.
2. It's about helping others, not turning a profit.
3. The importance of cash flow management.
4. The odds are stacked against me, and that's alright.
5. It's lonely.
6. Activity doesn't equal growth.
7. A part-time gig gives you peace of mind.
8. Optimize, outsource, and automate whatever you can.
9. Engage with your audience.
10. Don't forget to have fun.