Business Coaching Houston Blog

“How to Get over Confusion in Business Growth”

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Small Business Coaching Houston



            Imagine that you’ve taken a big leap forward in growing your business. And while you have fired up all cylinders to start selling your services and goods, you feel a bit nervous. Further, you might become so nervous over time that you’re not even certain of the steps you plan to take to grow.

            Suddenly, you hear your inner voice. It’s now telling you that your marketing strategy sucks. It’s letting you know that your sales methods fall apart. And it is telling you that no one is really going to pay the price you charge for your goods. And if they do they won’t be happy campers.

Sound familiar? 

            Those voices are normal. Every business owner faces the same doubt and the same struggle, which could cripple your thoughts. So, what are you going to do? While the best cure is instant success in sales, you could also take these actions.


      

1) Offer Free Trials

       If you have goods you could give away, it will help you get opinions or even suggestions on improving them. You will be able to make changes and offer value that customers will find difficult to refuse. That will erase any doubts you have in growing your business.


2) Charge Lower Prices

       When you start out, charge lower prices for your services. Split your services showing incremental benefits. That will shift buyers to decide on the benefits they value most. Once you know what sells more, you could revise prices as you see progress. It will give you a stable band to price your goods.


3) Invite referrals

      The easiest way to grow a business is to invite your existing customers’ friends. Give out a bonus for any customer who refers you to possible buyers. This will motivate existing clients to look out for your business when they see the opportunity. There’s an old saying that losing an existing customer is equal in effort to going out and getting 10 new customers.


4) Bolster your will to stay

       Our mind and the vision we paint for the reasons we started the business fade in time. It is therefore important that we remind ourselves how we add value. And you have to let time take its course so it reaches your future clients. By the way, they will also see the same value that you see. That’s when you’ll really start growing your business.

Want even faster results? Are you ready to discover how? Schedule your Explosive Business Results session now.

Written by Suresh Iyengar, P.E., President, Business Unit Execution LLC––“Explosive Business Coaching Houston Results For Small Business”. Want even faster results? Are you ready to learn? Call 281.410.5375 and speak to your Profitability Coach Houston

“4 Business Mistakes to Avoid When Growing Your Business (Online)” 

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Small Business Coaching Houston



“No mistakes. No learning” – Anonymous.

       If you want to be a thriving business, you are going to want to get as good as you can in offering your goods and services. Do it before you enroll clients. That means mastering everything you can about growing your business. That means developing a plan for helping clients. That means being able to bounce back when you fall. That also means making business mistakes

        Making business mistakes is a growing part of any effort. And while you can’t avoid all business mistakes, there are four that you should avoid as a growing business, because it could pummel your business. 

That could happen before the storm arrives. Take cover now.


      

1) Doing it All Yourself

       People that ‘do it all’ actually do little. If you are in marketing, in sales, in operations, in serving customers and a wife and mother (or husband and father) you are going to find that all of your efforts will suffer. Why? It’s because you are trying to do way too much. 

Just focus on a few important items. Separate the urgent ones. Do them well. 

You will grow your business.


2) Having a Poor Website

       Sadly, one of the other major issues that plague businesses is a terrible website. Many business owners want to make their own website. They somehow believe they will save money. Your sister-in-law or college-going lad could patch a website together. But what are you going to get? Poor response. More delay. And on top of that you are going to end with an amateur-looking site. 

       Your website is going to drive away your visitors.  That’s not what you want, is it? 

Make sure that you spend time and money making your website sparkle. It is your face you are going to show to the world. You want to look good, don’t you?


3) Not Focusing Much ON The Business

      Most people start their businesses and have no time to work on their internal procedures. They work spending all their time on tactical sales. Then they wonder why they can’t grow their business. That does not mean that sales isn’t important – it surely is – but you want to spend just the right time in sales to get you going and invest in building repeatable methods to grow your business. 

Hire the right team. Delegate. Build work manuals. Have a strategic plan. That will help you grow faster than just focusing on sales without a vision. 

Sales without vision is a car without an engine. You can only go so far.


4) Not Having Money to Start & Grow Your Business

       Finally, many business owners go into the business without any nest egg. You need that to build your business. That’s the fuel that ignites your business. You’ll want some money. You are going to want to invest it right back into your business because money makes money. 

You’re going to want to save a little to grow your business as well as money you save to have a lifestyle. After all, you can’t run your business forever, right? 


Want even faster results? Are you ready to discover how? Schedule your Explosive Business Results session now.

Written by Suresh Iyengar, P.E., President, Business Unit Execution LLC––“Explosive Business Coaching Houston Results For Small Business”. Want even faster results? Are you ready to learn? Call 281.410.5375 and speak to your Profitability Coach Houston


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