Small Business Blunders
When working with clients, I tend to see the same mistakes over and over again. In this weekly video series, I dissect some of the most common blunders and offer some simple solutions.
So many small businesses have this mindset of scarcity, and they have this mindset of competition that they close themselves off from a lot of opportunities.
One thing that I see a lot of small businesses fail to do is to find their niche. There’s an old saying out there that says “The riches are in the niches,” and I completely believe that’s true. That doesn’t mean that you niche down so tightly that you only focus on one customer, that you only take care of one particular type of customer, but it means that you should be directed towards that customer primarily, so think the 80/20 rule.
Today I’m going to talk about trying to do it all yourself. As a small business owner, this seems to be a problem that most people face. They either try to take on every task themselves or they refuse to delegate.
I see too many businesses out there of all shapes and sizes that don’t have documented processes. The problem is, that makes it so that whatever you’re doing, isn’t quite as repeatable as it could be.
Make sure that you’re reaching out to people that you’ve done business with at least on a yearly basis.
Hi. My name is Adam with Adam Lowe Creative. I help small businesses just like yours overcome the challenges and obstacles that we all face. Last week, I talked about accounting software and how a lot of small businesses don’t have anything there. This week, I’m going to look at the other side of that