Friday, February 15, 2013

5 Key Backbones for Successful Business Entrepreneurs



Work With Right People - having the right people around you to work with is an important key to productivity.  For the success of any organization the right people who have the required skills and trainings are needed to be employed, the level at which the organization can go is largely correlated to the people working the organization.

Invest In Your Workforce - the organization workforce is the life wire of such company they represent the organization, serve as intermediary between the company and the customer, let your work force has the vision and goal of the organization in their heads let them work in love and encourage them, remember they are your slave, though, you can hire and fire but they also can withdraw their service at anytime as they wish.  Always respect them so that you can earn one.

Assign Duties Accordingly - an entrepreneur can’t be truly successful until they learn to delegate and assign work to people according to their skills and ability. If you don't learn to delegate, you risk never getting anywhere and burning out from frustration. Even if you can't afford to hire your own personal assistant, look at what tasks bog down your day and think about who you can delegate them to.
Also, you can’t be in every place at the same time, when you are not at work someone should be there to act on your behalf.

Time Management - when you learn to use your time very well, you safe yourself and your company a lot of undue tension. When you divide up an hour, you multiply the available time by four. Honor time and truly believe time is money. People will agree with that, attend meeting on time and handle a task at a time.

Have a Daily Action Plan- not having a daily action plan is like a sojourner without his compass then the direction will be gloomy, to every action there must be appropriate and corresponding plan. It is necessary to break organization goals into parts that can be easily achieved and each day with corresponding objective to achieve.