Archive for June 2012
There are three types of workers: those who get things done, those who watch things get done, and those who wonder how so much got done.
Running a successful business on your own is about discipline, your expectations of yourself and your commitment to being the best you can be. When we talk about the success of a business, we often talk about the team that is responsible for that success. Teamwork is the new business buzz word that supports the modern office model. Most people work well when they are part of a supervised team, but as a solopreneur one of your best qualities is your ability to work well on your own. Although solo means you work alone, to get things done effectively you must think like a team.
As the definition of “team” goes through many changes, there are three staples that are considered the secret behind any successful team. Here are three keys to a solopreneur thinking like a team; a clear business plan with goals, defined roles and regular communication.
Clear Business Plan and Vision
It’s very easy to get caught up working in your business and forget to work on your business. Be sure to schedule at least one day a week to review your progress and make sure you’re on target with your business plan and vision. Maybe there are some things you need to add or take away. How will you continue to grow your business? What products or services do you want to add? On a regular basis keep yourself in check as to where your business is and where you want it to go. Make sure you have a clear business plan and a vision as to how it will unfold. This will make the process of getting there more effective and much more smooth.
Clear Set of Duties & Goals
On a successful team, the members know what each of their specific roles are and what must be done to achieve their individual goals each day. Define what roles are needed on a day-to-day basis. Clarity will reveal what roles you can take on a need to be delegated. Don’t accumulate unnecessary pressure by doing everything yourself. Make a list of what needs to be done daily, monthly and even quarterly. Your primary goal as CEO is to focus on the stability and growth of your business. Solopreneurs benefit greatly from contracting out repetitive duties or projects that are outside your skills. Be open to business to business sharing of both skills and ideas. As a solopreneur it’s important to align yourself with professionals who can act as team members without actually being apart of your business.
Clear Communication of What’s Going On
Just as any successful team you should be having a weekly meeting with yourself to look at what’s actually going on in your business. Sit in your office, make physical and mental notes of what goals you have achieved and what you would like to achieve by the next meeting. Take this time to reach out to any consultants, freelancers or vendors you have. Weekly meetings are a great opportunity to check on their progress as well as identify problems before they get out of control. Also, this meeting time can be a strong motivational tool to inspire those who work with you to keep up the good work.
Things to remember:
- Make sure your office is equipped for you to work on your own. (tools, supplies, equipment, etc)
- Focused on the task at hand. Do the job right and do it the best you can..
- Stay in touch with your clients/customers. Build strong working relationships.
- Make sure you reward yourself for accomplishments.
As a solopreneur, you are accountable for your own successes. Self-accountability is a daily requirement for entrepreneurs. It’s easy to take ownership of successes but not as easy to take responsibility of failures. Be mindful of the decisions you make and your work ethic. Self-accountability requires constant self-examination.
I have always found that my view of success has been iconoclastic: success to me is not about money or status or fame, it’s about finding a livelihood that brings me joy and self-sufficiency and a sense of contributing to the world. ~ Anita Roddick
What is it that sets entrepreneurs apart from the rest?
What is it that makes some people believe in themselves with drive and determination to come out on top? Entrepreneurs take the challenge of failure head-on, sometimes risking everything. It takes a certain type of person to set an idea in motion, survive the unpredictable highs and lows all the while staying focused on their ultimate business goals.
The entrepreneurial spirit is a gift implanted early in a person’s life. It’s debated whether it is a characteristic individuals are born with or if it can be taught. Though neither has been proved, it is obvious that there are certain characteristics that all entrepreneurs do share. These characteristics make them stand out in a crowd. These are the same characteristics you see in people everyday, but it is the super sized versions of these characteristics that we see in entrepreneurs that make them different. There are four major characteristics of the entrepreneurial spirit; passion for what they do, ambition to pursue it, optimism to believe in it, and the leadership skills to get it done.
The great successful men of the world have used their imagination. They think ahead and create their mental picture in all its details, filling in here, adding a little there, altering this a bit and that a bit, but steadily building ~ Robert Collier
Entrepreneurs don’t have cheerleaders to constantly push them, they rely on themselves for appreciation, motivation and inspiration. They are driven by pure passion and it is the passion for what they do that sustains them through thick and thin. Entrepreneurs are passionate about their vision when nobody else sees its potential. Passion is what keeps them up all night until they “get it just right”. It’s the entrepreneurial passion that makes failures along the way easy to swallow.
Entrepreneurs think big, and ambition runs rampant in their blood. They want it all, but are willing to put in the hard work to get it. An entrepreneurs ambition shows in your strong work ethic. Not for personal greed, but an overwhelming desire to achieve the goals they’ve set. They are willing to take risk that others walk away from. Every idea, every thought and every afterthought must be accomplished and brought to reality. Ambition is what takes the entrepreneur from “thinking about it” to “doing it.”
One major thing that sets entrepreneurs apart from the average professional is their optimism. Entrepreneurs have high levels of confidence that whatever they put their mind to do can be done. They are not afraid of failure, and welcome challenges. Through all of the ups and downs entrepreneurs remain focused on their ultimate goal. A positive attitude comes with the territory. When others attempt to create doubt you are able to remain positive, you believe in yourself and your success.
Entrepreneurs are natural-born leaders. They are great at building relationships with their team and engaging with customers. Entrepreneurs are good at quick decision-making and adapting to change. It’s about connecting all of the dots that lead to success. Entrepreneurs have the unique gift of not only to seeing skills that exist in others, but know how to cultivate innovation and initiative to bring forth new skills in others. Entrepreneurs have the natural ability to make others “be the best they can be.”
What makes an entrepreneur tick is a combination of these major characteristics and so much more. They have the ability to make clear choices, a flare for being resourceful, and a will power to move beyond fear. Long before starting a business an entrepreneur has to have trust in themselves and the balls to follow their gut.