Tips to Kick off Your Own Business!
It's hard starting your own business. Going out on your own. Taking the risk. Making mistakes. Motivating yourself to find work rather than someone else handing it to you.
Starting Your Own Business Isn't so Scary!
I'm going to share with you a few business tips I used recently when working with my eldest son in setting up his new business.
Yep, he bit the bullet and is out there working for himself. He's only 26 so a baby to me but he's got loads of life experience and brings this to his business.
He bought a Jim's Test & Tag and Fire Safety Franchise. You know Jim's - known for Jim's Mowing!
So a bit of a plug here - if you're in need of Test & Tag or Fire Safety flick us a message and Mitch can help you out! It's handy for me too because now I get all the inside knowledge on compliance!
Anyway back to the main topic. The challenge with a new business is that you need clients, right?
It's easy as an employee as the clients are handed to you (unless you’re in Sales of course). I know when I started my own business as a contracting auditor/consultant, I left my cozy reliable salary job and went to sit at my desk the next week wondering what I was going to do! Having no income really did push me to get off my backside and put myself out there.
Working with my son and helping him with his new business is much the same. I'm the motivator you could say. We have a plan each day. If he hasn't got any Leads that have come through directly from Jim’s, then he's to be at my office by 8.00 am and we map out the day.
We have a 10-point system that we're working on. He has to achieve 10 points or more each day. To get these points he has to do any or all of the following, depending on what the individual scoring is:
- phone 3 prospects - so people that he may already know or people that are a friend of a friend that may need his service
- knock on 3 businesses doors and hand in a brochure and card - have a chat with them and see where they are at. Establish a relationship
- Clean the work vehicle inside and out
- Do a stock inventory to make sure he's got enough of what he needs
- Email quotes as requested
- Reconcile Xero
You can see that there's so much that he can be doing on days that are quiet while he's building his business. In 6 months, the time he will struggle to have the time to do these so this also establishes great habits for when he is busy.
Essentially it's about breaking down what needs to be done or can be done for your new business. Chunking it down, establishing good habits early on.
If you want to know more about how I got my business up and running as an auditor/contractor comment below with any questions. I'd love to help!