Working ON the Business, Not IN it

It is very easy to work in your business. In fact, taking care of the day to day operations is vitally important to staying in business.

However, it is just as important to work on your business.

The good news is that it can take less time to work on your business than in it. I recommend my clients to take one afternoon a month and answer five basic questions that could make a huge difference in the success of their endeavors. They are: Why are you doing what you are doing? What are your core values? What is your mission? What is your strategic vision? And, what is your strategy? Knowing the answers to these questions is so important that I have created a series of free webinar/workshops (I call them Webishops) to help entrepreneurs at www.webishops.com. These Success Planning Webishops help you to answer each of those five questions, and each on only takes 20 minutes to watch. It is only by working on your business that you will find the new opportunities that are waiting for you.

Failing to plan

How are you at planning?

I had several failed startups before my latest two entrepreneurial ventures, which have been very successful. The main thing I did different these last two times was planning. According to the Small Business Administration, 85% of all businesses will fail in the first 18 months. And, 85% of all small businesses have no plan. I do not think that is a coincidence.
There are steps entrepreneurs can take to better those odds. Start by working on your business. There are five basic questions you can answer that could make a huge difference in the success of your endeavors. They are: Why are you doing what you are doing, what are your core values, what is your mission, what is your strategic vision, and what is your strategy? Working on your business, especially when starting out, is just as important as working in your business. That is why I have created a series of free webinar/workshops (I call them Webishops) to help entrepreneurs at www.webishops.com. These Success Planning Webishops help you to answer each of those five questions.

But the videos are just a taste of what you can find in the book Leadership for Introverts.

entrepreneur coach

Advice To New Entrepreneurs

According to the Small Business Administration, there are over 28 million small businesses in the US, 80% of which are self-employed or solopreneurs.

Approximately 85% of small businesses will not make it past the first two years, and approximately 85% of small businesses have no business plan. That number is too close to be coincidence. Plan for success. I have started several small businesses, and the two that were most successful were the ones that I carefully planned from the beginning. As a business coach, I see the lack of planning from my clients so much that I created a series of free “Planning for Success” Webishops (webinar/workshops located at www.webishops.com) to help entrepreneurs understand the importance of planning for success. Of course, things never go according to plan. So planning for obstacles, and ways to get around them, can help you succeed that much more.