Helping small businesses on the Sunshine Coast to fulfill their true potential
By BMN
As every business leader quickly finds, it’s lonely at the top. With the burden of decisions and risks falling on your plate, you need a strong support network that can offer advice and understanding.
You have to put value on building the network and commit the time. Here are five ideas that can help you strengthen your support network:
https://www.entrepreneur.com/article/224730
By BMN
A great elevator pitch can create interest in a project, product, idea or a person in 60 to 90 seconds. A big pitfall is to make your elevator pitch all about you: who I am, what I can do, how my plan works.
The most interesting person to someone else is them, and it’s so important that your pitch is all about them – your listener. If your listener is a potential customer, it needs to be about giving them something they will benefit from and be able to use.
Practise writing your pitch and saying it until you can release it quickly, clearly and effectively.
https://www.intheblack.com/articles/2019/09/01/the-perfect-elevator-pitch
By BMN
How much does it cost to open your doors every day?
As a business owner, you need to know about every aspect of the business. Whether you are making a profit or a loss is something you need to know today. Also know what is normal for your business area: for example, what products sell and what don’t; what changes in customer patterns and trends and increases in costs are to be expected.
Any business owner who knows their business inside and out is way out in front of the competition.
By BMN
Is your fear of failure causing you to turn down opportunities that could help your business grow? Of course you want to be smart about your business, but for it to grow, sometimes you have to take risks. Get past your fear of failure so you don’t hold your business back.
https://www.businessknowhow.com/manage/fear-of-failure.htm
This article was suggested by our mentor Trevor Payne
By BMN
Almost everyone has had that sinking feeling when they make a mistake at work. What tactics should you use to address a mistake – and salvage your professional reputation?
https://www.intheblack.com/articles/2018/06/01/how-to-handle-mistakes-at-work
This article was suggested by our mentor Julie Piper