The following are six essential skills to business success. You may not have developed all of these skills, but like most things in life, you can by learning, practicing and determination. Implement these skills and you'll be on the right track.
1. Personal Skills
A healthy self esteem is necessary for you to tackle the day to day tasks of business. As an entrepreneur, you will spend a great deal of time working solo. Listen to your heart but consult your head before making final business decisions. Keep motivated by staying on track of plans and organization.
2. Communication Skills
You must sharpen your communication skills if they have become a little rusty. You may find yourself needing to communicate with lawyers, accountants, bank managers etc. You need to be able to get your message across clearly. Good communication will reduce the chance of being misunderstood. It's essential to be able to communicate effectively at a variety of levels, in a variety of manners, to a variety of people. There are many self-help books on this topic.
3. People Skills
People will make or break your business. You will make or break your business. You are your business. The way you deal with people will determine much of your business success. Good manners, politeness, and attentiveness to your customers' needs are what will ensure repeat business. Customers need to feel that they are important to you.
Part of the package of people skills is a good sense of humor. It's an important survival tool, as is a smile. While it may be hard to smile when things aren't going right, remember that no one wants to talk to a negative person. Smile often and it will help alleviate a tense situation. Keeping a positive outlook on a daily basis will maintain your motivation level. Do not let depression, apprehension, insecurity, or doubts affect your thoughts.
4. Marketing Skills
To round off your entrepreneurial skills, you will have to have a sound knowledge of marketing your business. Marketing is the ability to communicate to your potential customers and inform them of your products and or services. Know how to define and target your market. You need to know what will work for your business. Read books, talk to others and observe how other types of businesses successfully market their own. Usually effective marketing involves a combination of many techniques that can change from time to time.
5. Technical Skills
Read books, attend seminars, workshops, trade shows and conferences to add to your technical knowledge and keep a leading edge on your competition. Don't make the mistake of working at your business and forget to work on your business. Never cease your education in your area of expertise, and remember to keep up with the changing technology within your chosen field.
6. Financial Skills
You have to be financially knowledgeable in the business world. Your entrepreneurial knowledge should include basic accounting, organizational and administrative skills, an understanding of all tax laws, federal and provincial requirements, and an in-depth knowledge of the business that you are running.
It may sound like a lot to learn, and it is. But take heart. You can learn everything you need to know. No one was born a business hot-shot. There are an abundance of courses offering business management training. There are also self-help books that can assist you with the financial aspects of your business.
Implementing the six essential skills mentioned above is imperative to your business.
Sonia Colon is owner of a successful online specialty giftstore "Jimson Products".
Visit: http://www.jimsonproducts.com for a wonderful display.
Get Your Own FREE Mall: http://www.telebay.com/shopping1/mall.html
Passion. Passion alone can make your business successful. As an... Read More
After over thirty years advising small business it still comes... Read More
Seventy percent of US households use the web when shopping... Read More
You bet it's worth it. Publicity via news releases, along... Read More
One of the first things you will need to set... Read More
As a specialist in getting restaurants open, it is surprising... Read More
Before you want to build your business, you need to... Read More
Franchising has made the world look really small. The well... Read More
Most businesses accept checks as form of payment for goods... Read More
Shopping for a franchise is easy if you know what... Read More
In the summer, I can't drive two blocks without seeing... Read More
Last summer the FTC put forth a report and then... Read More
Debt collection letters--an overview"Debt collection letter" in the singular may... Read More
Remember those drawings from science class of how a lever... Read More
"So what?" is a lovely question.It can lead to a... Read More
Many times small businesses want to expand their businesses and... Read More
As long as you eat and breathe you will stay... Read More
Home based travel businesses are no longer the wave of... Read More
Your product is dying. With the same inevitability that we... Read More
10 Best Practices to consider as your SBIR negotiations approach... Read More
As a teenager I worked for my father's small business.... Read More
So often small service businesses fail to exploit niches, which... Read More
In this series of articles I'm going to show you... Read More
What is Business Valuation? The term business valuation is the... Read More
How do you make sure you have the business solutions... Read More
Financial Consultants are one of the fastest growing industries today.... Read More
The reason we Franchisors call it an exclusive territory is... Read More
If you own a mobile service or home based franchise... Read More
Do you know what your genius work is? It's the... Read More
Tammy, a skilled and gifted horticulturist, called me to discuss... Read More
How to do itPeople skim through newspapers and magazines and... Read More
The home-based business market, sometimes called the SOHO (small-office/home-office) market,... Read More
If you run a mobile car wash, mobile fleet washing... Read More
BioTechs even with the latest news had shed over 1000... Read More
I am simply amazed at the problems some of my... Read More
Before you start a business we encourage you to prepare... Read More
As a teenager I worked for my father's small business.... Read More
As a Boat Detailing Specialist, you may want to offer... Read More
Franchising is the fastest way to build small businesses, provide... Read More
Many government department heads are on the take. Oh they'll... Read More
In general, all of us know how to accomplish the... Read More
Now that you have invested your time, energy and money... Read More
10 Best Practices to consider as your SBIR negotiations approach... Read More
Essentially there are 5 tremendously powerful methods to make money... Read More
Support is critical for your small business survival. You may... Read More
In the 2003 Auto Laundry News Survey it was determined... Read More
Auto Detailing: Maintaining A Commercial Carpet ExtractorYou should drain your... Read More
$elling $elling $ellingWhat makes a great sales person? Well, the... Read More
How do you make sure you have the business solutions... Read More
It is imperative to have your business legally prepared. How... Read More
It's a commonly quoted statistic: 80% of all small businesses... Read More
When working properly, computers enable small businesses to make big... Read More
Why Alliances FailWhen do you know an alliance is falling... Read More
Your business is only as good as the number of... Read More
Now that winter has passed, the annual ritual of spring... Read More
All cities have a purchasing office and/or a procurement officer.... Read More
One overlooked individual in the process of taking a company... Read More
Here are just a few ways to increase and diversify... Read More
Traditional advertising methods are still being used for almost 90%... Read More
Here's why 'WHY' is such a profit-making marketing trigger."Stop taking... Read More
Under the Securities Act of 1933, any offer to sell... Read More
Why does a good business relationship rely on having some... Read More
1. Don't Spend Too Much Time PlanningWhen you are entering... Read More
Costs of over regulation and over disclosure end up hurting... Read More
Senior citizens are generally not a large marketing segment for... Read More
At first glance, this topic may seem a little repetitive,... Read More
Small Business |