fbpx

The 2 Things Successful Business Owners Do Differently

The stress of juggling the day-to-day management of your business is always at the forefront of your mind. Managing your team, your cashflow and generating leads to become more profitable can be all consuming of your time. There are many ways to be on-top of the day to day needs to reduce your stress and to make more time for yourself, your team and your customers.

One of my greatest learnings as a coach and a business leader is that there’s many uncontrollable factors contributing to success, or conversely, to creating stress and disruption. Ultimately, what makes a person truly successful is their ability to be abreast of the things they can control, making the unforeseen less disruptive to their business and less impactful to their stress levels, their team and their everyday lives.

I could list in great detail the do’s and don’ts of owning a business but if I were to narrow it down, there’s two key things I believe all successful business people know and do well: They work to a plan and they have a positive mindset.

Work to a Plan

Planning is key to maintaining smooth and relatively consistent operations. It’s a perfect time now to think about planning for next financial year. Create a strategic plan with a budget that forecasts your expenses your profit and revenue targets.  Follow this with a sales and marketing plan for how you will achieve the targets you’ve set.

Although it sounds simple, when successful business owners have a plan, they know what to say no to as much as what to say yes to. They have a reason to stick to the plan they’ve created and avoid distraction so the things that don’t provide long term value for their business can be pushed aside.

Planning can often feel overwhelming, but it’s important to schedule time to create an annual plan and strategy. In doing that your team have a structure to follow and their own goals to reach, making them more self-sufficient in the day-to-day operations, freeing up time for you to focus on growing your business.

Understanding the role stress plays in your success

Your own mindset and attitude changes in good times and in bad times and the knock-on effect of that, especially in business when you’re not conscious of it, can be great. As the centre of everything within your business, awareness of your emotional state and how it impacts your team, your clients and your service delivery is instrumental for ongoing success and resilience.

When working with our clients, the one thing we continually notice is – a business owner’s entire life is impacted by the highs and lows of their business. Nothing happens in isolation. In helping people realise the role their emotions play in their business and minimising the effect of that with a strategic business plan it’s amazing to see how quickly everything else starts to fall into place for them.

There are many ways to minimise stress which will not only contribute to your ongoing achievement but will give you space to enjoy the success you’ve created. I always recommend people put time aside to meditate, to both control their thoughts and to manage stress. Finding a routine is also key, along with that all-important strategic plan. The change begins with putting these key things into place allowing you to better manage your personal state, leaving you with more confidence to manage your business state.

Share the Post:

Find the Right Digital Solution for Your Business

Related Posts

Martin Rogers
Chief Executive Officer

Martin holds an extensive background and certification in Business, Marketing, and Strategy with over 20 years’ experience specialising in Strategic Thinking, Business Growth, Leadership and Team Development, across a number of industries. Martin utilises a collaborative leadership style and has a thirst for problem solving, understanding the latest trends and identifying the uniqueness that gives businesses their edge.

Mark McCrea
Chief Operations Officer

Mark McCrae stands out as a highly efficient Operations professional, known for his strategic oversight and management prowess within the corporate landscape. With years of experience under his belt, Mark has become synonymous with operational excellence, streamlining processes to enhance productivity and drive sustainable growth. Mark's forward-thinking approach and unwavering commitment to excellence have solidified his reputation as a cornerstone of operational success.

Razz Khan
Chief Marketing Officer

With over a decade of experience, Razz has a proven track record of driving growth and enhancing the digital footprint of various brands across multiple industries. His expertise spans across SEO, PPC, content marketing, social media strategies, and analytics. Razz is known for his innovative approaches to solving complex marketing challenges. Razz's passion for digital marketing, combined with his commitment to client success, makes him a valuable asset to any team looking to elevate their digital presence..

Greg Kay
Chief Commercial Officer

Greg has more than 25 years success in working with many for the development and implementation of growth strategies for businesses by building strong relationships through effective partnerships. Greg constantly strives for opportunities to have a positive influence in the personal and business lives of the people he works with.

Chris Wilborn
Contracts Manager And Advisor

Chris is a results-driven leader with a wealth of knowledge derived from his more than two decades in the NGO, corporate and government sectors. As a current business owner, from his prior work as a growth-minded CEO and a background working with disability organisations, Chris is deeply passionate about the NDIS, small business community and the central role they play in the fabric of our society.

Lindsay Munns
Executive

As a long term member of the Realise Business Board, Lindsay has temporarily stepped into this key role to facilitate the changeover of Chief Executive as part of our CEO succession strategy. Additionally he is busy leading the roll out of a major new Government contract that will take Realise Business up to the next level of its vital place in the NSW Small Business Advisory scene.

Marisa Barresi
Office / Client Coordinator
- Business Connect

Shanice Bangar
Events / Client Coordinator - Digital Solutions

Mona Bucog
Event Coordinator

Over the past 12 years, Mona has honed her skills in customer service, specializing in managing and addressing a wide range of customer needs. She’s dedicated to providing exceptional service and ensuring customer satisfaction. Her experiences have helped her develop skills that assist organizations in achieving their goals. Her ultimate aim is to help them focus on what they love, and she will take care of the rest!