Your Love-Hate Relationship With Your Business: How to Face Startup Challenges Head On
Starting a business is like having a new relationship. There’s passion for your work. There’s lust for signing on new clients. And there are rewards from meeting client needs. You’re content and thriving. Ahhh….the honeymoon phase!
But soon the challenges set in. Your resources are limited. You’re working day and night. Your last client is about to wrap up and there isn’t another one on the horizon. The honeymoon is over. So do you throw in the towel or stay the course? After all, they say it takes 3 to 5 years to build a business. Assuming your heart, soul, and commitment is right into the relationship with your business, here are some tips for bonding and keeping the focus on your goals:
- Confront challenges immediately: Make a list of them. Prevent the same challenges from reoccurring by seeking solutions now when your chances of overcoming issues are better. You’ll have a renewed sense of control, drive to achieve, and there are lessons learned.
- Be persistent (even after failure): Thomas Edison “failed” to invent a practical light bulb thousands of times. But he knew 9,000 ways an electric light bulb would not work. His persistence paid off and he became a success by creating a timeless, universal product. Failure is not a reason to give up.
- Learn and review: Keep a log or mental note of what did and didn’t work with your business strategy. According to morebusiness.com “managing challenges means reviewing steps and making changes that meet the goals you have set.”
- Ask for help: Don’t be too proud to ask for help when managing challenges. Use a mentor or hire a consultant for their wisdom, experience and best resources to overcome the issues you’re facing.
- Review your achievements: Take stock of what you did best, right, and won recognition for. Did you form a valuable partnership, over deliver for a client, or get a bigger office?
By implementing these tips you can spice up the relationship with your business, loved ones, and clients and continue to grow. “Business is built on genuine and real relationships,” says BOSS Business Connector, Ryan Coelho. “Don’t treat someone as a business but as a relationship.” Happy Valentine’s Day!
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