Over the past few years, Georgia has been rapidly growing and booming with small businesses. Georgia has become a hub for innovation and creative ideas, a place where entrepreneurs can come to act on their aspirations. Atlanta, GA is the named the 7th top city in the United States to start a small business in. Most of Georgia’s revenue comes from small businesses. So what are the challenges for small business ? Staying in operation, funding, keeping a consistent cash flow. These are just to name a few. Many consultants, such as myself, have seen over the years, how businesses begin and in the next 6 months or few years, close. So what do you we do to decrease the chances of that happening? First, lets educate our small business owners and inspired entrepreneurs.
Learn how to successfully manage and run your business. A panel of guest speakers who provides helpful tips on being an Entrepreneur.
All you need is one! That’s my response every time I speak with a fellow colleague wanting to start a business or become a freelancer. They always states, “It seems to come easy for you to get more projects.” But actually, it didn’t.
When I got started, I was putting in twenty proposals a day and constantly promoting my services. After two weeks, I got my first break. A willing client was very considerate of giving me a chance. Of course it was based upon my experience and knowledge of a particular software, but it was my very first time working remotely for someone. I made it my mission and duty to do a good job for this client because I knew that this could lead to me winning more projects. The client was so impressed he wrote me a great review and 5star rating on the freelancing website. After that, it became a snowball effect. I was still putting in a lot of proposals but I had my resume, rating, and review to help me win the projects.
Now of course there will be hurdles or hiccups along the way. Everything is a challenge. Sometimes life will throw you a curveball, but that’s when you expect the unexpected. The number one trait clients look for in a service provider is dependability. There are so much technology out there where you can keep your client informed of any situations you may have. You also want to gain their trust and confidence in you that the work will be performed right. Even if it’s remotely, clients can hear that confidence in your voice. As a freelancer or small business, you don’t just give correct work, but quality and outstanding work, sometimes you have to go above and beyond for clients. Their reviews really do matter.
You have to remain persistent and determined to keep getting projects, perform quality work, get reviews or references, and market your services. When I use Moonlighting to promote my services, I post my opportunities and then share them via, Twitter and Facebook. I then take the link and post it to Linkedin. Oh my gosh the exposure and traffic I was getting! I love to hear my phone chime from the Moonlighting App that someone saved my opportunity and liked it! Soon I started to get in emails and calls about my services.
Since the snowball effect of projects after projects begin, I’ve changed my mindset from self-employed to a small business owner. I legally formed my business in 2011 (even though I’ve been doing this since 2009) and developed processes and systems to manage and perform my work. There’s processes for marketing like posting opportunities two times a day on websites for service providers like Moonlighting, responding to bids, marketing services, and posting ads. Once you start getting a lot of busy work, you will need management systems in place for organization, structure, and effectively perform the required services.
So start submitting proposals and bids, market your services, use freelancing websites like Moonlighting to get in more consistent clients! All you need is one good client and review! The rest will surely come!
I’ve helped many clients start their businesses and develop plans for their businesses. These are just the starting point when establishing a business. My question is, ” What is your next move? Many entrepreneurs or individuals seek guidance from a Consultant or Coach. We can develop road maps, plans of actions, and give you encouragement, but ultimately you have to take the steps and necessary actions to get out there and going. It takes hard work, determination, faith, and will power to step outside the box away from a 9 -5 into your own.
If you have a vision of your career or future, do you act on it? or let it go by? Sometimes we are granted a foresight of the path we suppose to be on for ourselves, but often times we become so worried about paying bills and being complacent with our 9-5 (not guaranteed, nothing is these days) that we won’t step out on faith and take risks. The definition of an Entrepreneur is RISK! You inherit all of the risks required to run a business from gains to losses, and government compliance, you deal with it all like an OWNER should. Our fear turns our won’t into can’t , impounding us with doubts that will take control over our lives if we let it.
My clients come to me with their ideas and businesses they want to open. As a Business Consultant and Coach I give you realization based upon research and numbers (profitable or not). No, I’m not the one who sells you pipe dreams and probably won’t agree with you all the time. However, the information and advice I give you is to help you and not harm you. I provide you with information to use to help you think , analyze, and set realistic goals for yourself and business.
Again, what is your plan? What is your vision telling you? What steps are you willing to take to act on your vision? Let us guide your vision by creating the roadmaps and plans you need to take your idea from concept to action!
For more information on how I can help, contact me at http://www.peavyassociates.com. Schedule Your 15 min Free Consultation here at https://directory.bookedin.com/peavy–associates-business-services-inc
You are all over the place, disorganized. You just want to get customers and work, this is the most cases for entrepreneurs and executives. You worry about the financing and operating activities, monetary, of the business, but not the actual operations of the business. You need to figure out how to provide new services to your customers,so you make up a team and leave them without direction to focus on attracting your customers, big mistake. When you finally check on your departments performance, you are not understanding the lag in time it takes to complete a task, yet you are too busy to address the issue. So what are the result now?
- Key tasks are missed which probably could have helped gain a client or attain the revenue
- Other tasks are yet to performed because the first was yet to be completed because of no guidance
- The team you created are left in the wind without direction, scope, idea, and budget so your are over your limits (spending) and the project is not executed properly
Oh I can go on and on to the many problems that can happen without your insight and input as the leader. Processes and systems are beneficial to any business, small or large, because it helps solves many problems and enables an efficient workflow. As the Key Executive, you are the leader. Your team are looking for your guidance and vision of the company. When you are absent, many things can go wrong.
Standard Operating Procedures, Processes, and systems are implement under the company’s vision. These plans are put in place to give the company a sense of direction and how to proceed with work. If you implement a process in each department, tasks will be completed on time and new tasks can be performed. If you define the scope of the project with your team, take time to listen to all input, and develop a plan of action, from it; your team can then hit the floor executing the project.
Now with all this being said, this really means as the leader, lead, motivate, guide and you can go the rest of the day completing your very own tasks, because you have implemented processes and a plan of action!
Written by: Teleigha L. Peavy CSM, LSS (green belt) PMP candidate.
Operation and Business Consultant at Peavy and Associates’ Business Services, Inc.