Swallowing Your Pride To Improve Your Business
Mon, 06/09/2014 - 11:22am | by jennaleesmith1
As a savvy (and potentially type A) business woman, you probably have a hard time relinquishing control when it comes to your business. Your business is, after all, your baby. You came up with the idea, nurtured it, built a business around it from the ground up. You know it inside and out…it’s yours.
Nobody is disputing that. Here, though, is a hard truth that you are going to have to learn to accept for your business to grow and find even more success, you’re going to have to give up some control and learn to trust other people and systems. If you keep insisting on doing everything yourself, you won’t be able to help your company grow. It will always stay small and the profits will always be miniscule.
So where do you start?
Stop storing your inventory in your garage or spare room and putting together the orders yourself. You can only do so many in a day and a trip to the post office or UPS store can take hours. Do some research on drop shippers and find a company you can trust (you can even limit your search to local inventory management companies if you want to be able to check in in person from time to time). Remember: you still control your products. Drop shippers and inventory management teams simply make sure that your products get to the people who order them as quickly and efficiently as possible.
Your Business Systems
Because you are so close to your business you know how everything is supposed to go. You’ve probably gotten quite used to and fond of your routine. It’s possible, though, that the way you do things is not the most efficient way to do them. Think outside the box and explore newer resources like the Barrett’s Blueprint® Process, which can improve your supply chain and overall business performance. In the process, you will figure out how to maximize your time, the systems that keep your business operational and learn how to make the most out of every meeting you take with a client or interaction you have with a buyer. You might even wind up with more control than you had before.
When you are a small and independent business, monitoring your reputation is something you can do pretty easily by yourself. As your business grows, though, your attention is needed elsewhere and this responsibility often takes a backseat. That’s bad! It’s important to stay on top of your reputation at all times so that you can solve problems before they have a chance to get started. Hiring a reputation management firm is a great way to keep constant tabs on what people say about you without having to spend all day trolling Google yourself.
So now that you’ve got all of these things being handled by others, what’s left for you? Don’t worry: you’ll still be plenty busy. It’s just that now you can concentrate on the most important parts of your business: meeting and working with customers and clients. And really, isn’t that what you’ve wanted to do all along?