Essential business advice for everyone!
The world of business is enormous. In countless different industries, millions of people all play their part. But however diverse it may seem, some principles are evergreens. In this article, we’ll share the essential business advice which has helped one of the world’s biggest names to prosper.
Unless you’ve been living under a rock for the past goodness-knows-how-long, you can’t help but have heard of Richard Branson and the Virgin Group. He’s one of the world’s best-known entrepreneurs, so it stands to reason that he knows a thing or two about how to build and run a successful business. He’s summed up a lifetime of business knowledge and experience in five priceless nuggets of essential business advice that you owe it to yourself to implement…
First of all, love what you do. It may seem obvious, it might seem impractical, but successful businesspeople from all kinds of industries will tell you that it’s a piece of absolutely essential business advice. If you don’t care about your work, if it doesn’t fill you with a passion, you’re never going to achieve your full potential.
Next, make sure your employees are happy. You don’t need to organise corporate wellbeing sessions for a team of four; tailor your approach to the size of your team. Keep your people happy, and they’ll want to give 110%, which can only be a good thing for your productivity and profitability!
Be sure to stay in touch with the people around you. Too many business owners lock themselves in an ivory tower to “make the big decisions” when they’d be far better off listening to the people who are working at the coalface, and the customers who are buying their products. Get feedback from your team and your clients, and adapt your services accordingly. This leads on to our next piece of essential business advice…
Give your business a friendly face. Make sure your customers, suppliers and team members know who you are. Don’t market yourself as a faceless business entity – people love to know who they’re working with. And if you’re not confident in front of the camera or on the phone, work at it! Self-improvement should always be high on your list of priorities.
The final piece of essential business advice is something you should always have on your mind – INNOVATE! Find something nobody else does, and do it. Offer something different, something that will spark your customers’ imagination, and make their experience of it a fabulous one.
These tips are rooted in common sense, but that just goes to show you that trying too hard to “think like a business owner” can often blind you to what your instincts tell you. Sometimes, the essential business advice you need is already there, you just think it’s more complicated than it needs to be.