7 Tips For Struggling Business Owners (From someone with experience)

What are KPI’s?

It’s a widely used acronym to decipher one’s role within an organisation.

It stands for ‘Key Performance Indicators’ and it ensures you’re performing to the best that you can be.

But what about when you are running your own business?

KPI does not stand for the aforementioned measurable targets by which you are as assessed.  It’s a complete different ball game.

For me, it’s all about ‘Keep Performing Internally’.

What does this mean to you?

You have a purpose – along with your business goals.

It’s taking one step at a time and creating the notion that, it doesn’t matter what life throws at you, you will pick yourself up and try again.

No one likes failure.

You’re bad news if you are a failure.

After a while it can become tiresome, especially if you aren’t gaining any followers to your business.

Trust me. I know how it feels.  

One minute you think that your business is going along swimmingly….

… but you take your foot off the gas pedal for a second, and the next thing you know the boat that was once plain sailing has now got a large hole in it.

… And you’re starting to sink.

Plain sailing… If only life were that easy?

So, how do you get over being down in the dumps?

How do you deal with the stumbling blocks you encounter along the way?

Let’s take one of my favourite shows as an example ….Dragons Den.

The real logical individuals, despite having cashflow problems, and other non-related work issues, manage to work it out and carry on going.

For Example

I remember one female entrepreneur who set up her business in 2001, but had to carry on waitressing for a further five years, until she could continue full time with her dream and passion.

She did this in order to make ends meet.

So, what do we all need to get us going to make monumental movements within ourselves?

What if you don’t have loved ones to push you?

Or a team urging you to move forward?

As someone who’s ‘been there, done that, got the t-shirt’ here are some steps I would advise you to take:

1) Ask yourself these questions

  • How badly do you want this …?
  • What is the purpose of setting up your Business?
  • What are your Business Goals?
  • Why are you here?
  • To serve yourself in achieving a lifestyle business?
  • or to serve others in need around you?
  • To make them feel second to none, so that you can reap the rewards?

2) Read a book

No, not just any old book.

Books that add value to where you want to go.

There are countless books out there, including biographies of already successful people.  Pick one one that will inspire you, and start to think like them.

3) Network

Get yourself out there.

There are hundreds of meetings going on around the Country.  You’ll never be short of new people to meet.  Sometimes they may impart inspiring little nuggets to get you onto the next level of your journey.

4) Join a community

You have to share a passion and have one goal in mind with this community.

Tasks assigned by a coach give you added value but as well as that you start to create realness and authenticity within.

5) Help is out there

It’s not like it was 5-10 years ago.  There are so many small businesses out there looking to help you.

Social Media, Marketing, Sales, Referral Networking, Business Coaching, Mindset Mapping.

Tap into one or two of these and it will get you far.

6) Be creative

Not only in your time management!

Work all the hours in the day if you have to, but only do so if you are going to make a change.

Be meaningful in creatively adding value to yourself.

7) Leverage

If there is something you’re not sure of, outsource it to someone who knows what they are doing.

E.g. if you cashflow problem and need a friendly helping hand, why not contact the me to see if there’s anything I can do to help.

Tel: (+44) 0208 088 4565

help@ronmookerjee.com

Good luck with your future in business, and please feel free to share this article if you found it helpful.