10 Peculiar Ways To Manage Your Business Better
If you are an entrepreneur, the chances are you often ask yourself whether you manage your business in a good way. Moreover, no matter how great leader you are, at some point you will end up in a deadlock. So how do you cope with that problem and make your business thrive? To try help you with that hard task, we have seleceted a list of some good tips that will most certainly make your life easier.
Think small
It sounds odd to what we normally hear these days. Entrepreneurs are supposed to think big and imagine their business growing. The fact is that many companies fail to live long enough to realize their potential so thinking big in many cases becomes a two – bladed knife and does not help you manage your business. Paul Graham, co-founder of Y Combinator, also says: “Don’t try to construct the future like a building, because your current blueprint is almost certainly mistaken. Start with something you know works, and (then expand)”. Even though the idea of becoming big is very overwhelming, let’s remind ourselves that many of the biggest companies such as Facebook and Apple started their business with a small idea and humble aspirations but eventually they grew from there.
Reward Failure
Few companies today tolerate failure, let alone reward it. Again, wrong. The only thing that should not be tolerated in a modern organization is inaction. So how does rewarding failure helps you manage your business? Everybody these days is aware that to generate good results you can also end up generating as equally or even more bad results. The key is to never stop trying and you will eventually produce the quality of work that always results from action. Researcher Dean Keith Simonton provides strong evidence to support that argument. It turns out that geniuses like Picasso and physicist Richard Feynman simply produced more to succeed at a higher rate compared to their non-famous colleagues.
Encourage fights to evoke innovation
Sometimes nothing pours out more creativity on the table and brings us closer than fighting with each other. Here we are not talking about personal conflicts or fights between people who despise one another- these are actually the brain killers in an organization and can destroy it completely. The fights a manager should delve are brought to inspire ideas, innovation, attention to details and healthy competitiveness. Bosses often see workers who fight on a work-related issue as people who care about what they do and come up with the most creative ideas.
Delegate work to others
It is true that there is a lot to do in a business and as an entrepreneur you must realize that you cannot manage your business on your own. Employees are often responsible for 80% of its success and for that matter delegating appropriately more tasks to others can increase their expertise and flexibility. However, bosses should remember to delegate their work, not their business.
Loose the shoes
To stay on top, people taking high positions should deal with any issues that cause anxiety and learn ways to unwind. Taking off your shoes is a long-held practice in some eastern healthcare philosophies. It is believed to affect the rest of the mind and body plus it is a fun way to relax in the office.
Use paper and pen instead of smartphone
This may seem you to insignificant to help you manage your business better, but often the little things make big difference. Sometimes the annoying factor is what makes one tool effective. An old-fashioned notebook and a pen are much chunkier and more visible than a smartphone, therefore they become difficult to ignore. It is also true that technology can delude our focus and does not necessary makes us more powerful.
Make the tomorrow’s “to do list” before today ends
It is much easier to remember all the things left to do from the day before you go to bed. Based on what tasks need to be performed, you can take a few minutes to prioritize your to do list for tomorrow at the end of the day with the clarity of what has not been accomplished from today.
Try self-hypnosis to reduce the stress
When the person’s mind finds a state of calm, he/she can prepare emotionally for resisting this paralyzing feeling of worry or anxiety. You can try to find a quiet place at work and uplift yourself by repeating positive affirmations. Practicing self- assurance may alter the brain’s neutral pathways and make us more resilient to stress.
Get rejected more often
There is a notion that you cannot be a successful entrepreneur without getting used to rejection. And although it can bring you down sometimes, rejection does not mean you can’t manage your business. A smart approach is to get it over quickly- the faster you get used to no’s, the quicker you move forward and focus on the goal instead of the defeat. Many times rejection has triggered unique solutions and creativity.
Focus on Happiness
Thinking you can be happy will actually improve your chances of success. It brings more confidence and more inspiration to keep going. It is often the passion outside your work that can help you win inside your business and make your experience even more fulfilling.