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Let’s face it
Entrepreneurship is not easy. No matter how much you work toward reaching your goals, there may be times when you still feel like you’re barely treading water. The truth is, many business owners are building on unstable foundations yet are baffled as to why their companies fail to thrive.
But, now all your worries will get a “Full Stop”.
“You don’t need to worry,
You don’t need to feel sorry.
Astro-Strategist Hirav Shah is here, Forever shall change your
Entrepreneurship Story.”
On that note, here are a few Tips for 2024, enlisted by
Astro-Business Strategist Hirav Shah for struggling entrepreneurs
1.” Don’t do list”
Create a don’t do list. Yes… As the leader of the company, there’s a list of things you should not be doing. Anything you can reasonably delegate or outsource, you should. When you become an entrepreneur, you stop getting to do the things you like to do and do the most important things to be done.
2. Hard things first
Do the hard things first. Don’t hesitate to have hard conversations. Prioritize your to-do’s, with the things you least want to do- at the top. Oftentimes these are the most important things to do.
If you don’t, you’ll have a long to-do list of things you don’t like doing or don’t want to do, and it will seem insurmountable. Then you’ll hate your work and, hence, your business might fail.
3. Hire the absolute best people you can find
Spend the extra time doing this. It’s one of the biggest challenges businesses have. That’s true from small start-ups all the way up to Google, but investing in the right team of people will be one of the best investments you make.
Having the right core team will make the difference between success and failure. It can seem impossible to find the time to hire well, but know that not hiring well will cost you far more time.
4. Sales, sales and sales
Get good at sales. You don’t have to be selling, but you do have to understand the process. Meet regularly with the team. Understand their pain points. Set realistic and achievable goals and reward the high performers.
5. Invest in sales
Make sure everyone on your sales team has all the tools they need. There are millions of them now. Sales tools will have one of the highest ROI of any aspect in your business, so get the best ones for your team.
6. Learn relentlessly
You don’t know what you don’t know. And if you’re struggling in business, then you hardly know anything. Here’s a problem that’s entirely in your control and fixable. Learn every day. Everything from podcasts on business and entrepreneurship to books. Make it your hobby.
7. Value over money
Stop trying to make money and provide value instead. If you can solve someone’s problem, then they’ll stick with you and they’ll tell their friends. If you’re solving one person’s problem, then it’s likely that others have this problem and you have a business, now you just have to tell people about it.
8. If you can sell, you will not fail
There’s a lot written out there about how important events, meet ups and networking are for entrepreneurs. But, here’s the new Mantra. If you can sell, you will not fail. Cut out the distractions. Please do !
9. Find support
Meet and spend time with other entrepreneurs. Businesses in all different categories tend to have similar problems and similar solutions. Share learning and become a resource to a peer group.
10. Take breaks
Entrepreneurship is an incredibly stressful path. If you’re the type of person that’s drawn to it, you’ll find it hard to get away from and hard to stop working. Take regular breaks. Don’t work all weekend. Take one day off. Get out and exercise regularly.
Take care of yourself. You need the rest and breaks to perform at your maximum. Otherwise, you’ll fool yourself into thinking working 80 hours a week is productive and eventually crash and burn.
Final Thoughts
While every struggling entrepreneur is different and, more importantly, unique, there are some common things that tie them together. Legendary Business Astrologer Hirav Shah’s list is by no means exhaustive, but it does shed some light on the commonalities of the struggling businessman.
