5 Indicators Your Business Will Be Successful

According to Forbes, 90% of start up's FAIL.


I was so green when I started my business, I didn't even KNOW this statistic existed.

This is one of those facts that linger in the back of my mind, fueling every decision I make in my business.

I will not the in THAT 90%. I CAN'T.

For me, failure is not an option.

If you are the same way, then you want to make sure you are doing these 5 things that separate the 10% that make it from the 90% who DON'T.

 

1. You manage your time and focus on actions that lead to profits for your business.


Being social is a HUGE part of marketing your business. Talking with and getting to know people is a great business building activity. BUT, when it consumes your day and never leads to a sale, you need to reevaluate how you are spending your time.

For example, being active in Facebook groups is how I built my whole business when I first started, but getting sucked into giving my opinions and chit chatting was HUGE time suck. Be intentional with your time and you will reap the rewards.

Focusing your time on the tasks that help your business make a profit is one of the most important differences between businesses who make it and those who don't.

 

2. You keep up with your finances and intend to be a profitable business.


If you enter this journey with NO intentions of actually making money, you have an expensive hobby. #Realtalk If you don't in any way depend on the money your business generates, you most likely won't make it.

This is too hard to keep going when times get tough unless you REALLY need and want it.

 

3. You don't get bogged down in small details and focus on the big picture of what makes your business profitable.


Every social media post matters, but obsessing over each detail and never actually making consistent posts will kill your business. Make a decision on your visual branding and stick with it. Those small details won't make or break your business. The time spent on making those decisions instead of building your business WILL.

 

4. You are consistently marketing your business and share what you do with others.


Are you posting daily or just when you remember to hop on and mention your business?

Do you only email your list when you are in a launch or are you consistently communicating with them?

Are you pinning daily to grow your brand visibility and website traffic on Pinterest or just when you pin for pleasure?

Like I mentioned before, consistently marketing your business is KEY. Consistency over time leads to success.
 

5. You charge for your services and know your worth.


This was a big one for me. I wanted to help everyone and it didn't matter if they paid me or not.

YIKES. This was NOT good business practice.

I love to give free value, but I was sending people free resources, teaching them everything they needed to not longer my services, and charging little to nothing.

IF you are really wanting to run a BUSINESS, you have to charge for what you do.

Not only do you have to charge, but you need to charge what you are worth.

I offer HUGE unending opportunities for businesses with the brand visibility and website traffic they get from Pinterest, but I was charging as if I was being told what to do and simply checking them off my list.

When I learned my value and began charging in alignment with everything my clients were receiving as a result of working with me, my business truly became a business.

How do you measure up? Are you rocking it or are there some areas you need to work on?

I know I am working on my consistency at times still!!

BONUS!!

I think this one is SUPER important because it has impacted my business SO much.

 

BONUS!!

I think this one is SUPER important because it has impacted my business SO much.

Never stop learning. Most importantly, investing in your business to learn how to grow it.

Go with me here, don't get mad.

I was the freebie queen. I have TONS of freebies and was so lost on where to begin and what to even do.

I took the dive and invested in a group program and that SAME month my business grew.

I was making $400 a month when I started and was CLUELESS.

Investing in real courses and program to help me grow my business
 

Jena Proctor