There are HEAPS of lessons we learn in business… In fact, I reckon you could write an encyclopaedia of business lessons and tips – and still you wouldn’t have them all covered.
In 10 years of coaching and mentoring I have learned so much (some good and some not-so-good) about business, and I continue to learn each day….There are though, I believe, three MAJOR lessons – as business owners, we MUST learn.
Check out this week’s video on what those major lessons are…
My Top 3 Tips For Business Owners
1. Make Sure You Serve A Tight Niche Market
Realise, that when you SPECIALISE you get an increase in demand.
- Move from being the master of ALL trades – to specialising in ONE.
- Choose just ONE industry – define your Niche.
- Don’t be afraid to be ONE thing to a NICHE of MANY.
2. Work Harder On Yourself Than You Do On Your Business
Respect that you need to work harder on yourself than you do on your business (its a tough notion – but very ‘doable’)
- You never reach the pinnacle of knowing everything. Continue to learn, learn and then, learn some more.
- It’s not easy working on yourself, educating and investing in yourself, but it’s NEVER a distraction. It’s an INVESTMENT.
- Sometimes, just learning ONE thing provides the biggest SHIFT.
3. Get The Right Business Model
Choosing the right business model equals your success. Think on it. Do you have the right model for you? This ONE difference could be the one key to your success and synergy.
- Passion + Model = RESULTS
- Choose your Model carefully – it’s got to be right for you.
- MASTER the Model
This year, I will be presenting again at the Strategic Entrepreneur Summit
A unique opportunity to see leading Entrepreneurs deliver on where and how they started, their successes and failures, and their journey along the way….
Also, with some of Australia’s foremost specialists in Business, Investment and Marketing as Speakers, you will take away an enormous amount of immediately “workable” information, skills and strategies…
See a HUGE list of successful business owners including:
- Hungry Jack Cowen (founder of Hungry Jacks, Bridgeclimb and Managing Director of CFAL Group)
- Tony Nash (Founder and CEO of Booktopia)
- Nick Bowditch (SMB Marketing Consultant)
- Siimon Reynolds and Brian Sher (Founders of The Fortune Institute)
I would love to read your comments below, especially if you have a “top tips” list for business owners
Thanks for the awesome tips Andrew. I am currently working with kids as a personal development coach. I am a teacher by profession. Although I don’t have a corporate or business background, I am very keen to get into executive and business coaching. I have completed my Diploma in Life coaching with The Coaching Institute. What Advise would you give me to get started in executive and business coaching. I would very much appreciate it.Keep up the great work.Take care.Khaled
Once again….PERFECT TIMING. I was just coming to the conclusion that I was spreading myself too wide in the hopes to attract clients to my startup business….it didn’t feel right, but the fact is I need to fill my workshops. You confirmed I need to stay focused on the model I first chose and the niche or I won’t be sending out the right message and attracting the market I want. Thank you Robert and have an awesome weekend!
Sincerely,
JoAnne Very helpful video.
OOPSY! I meant “Thank you Andrew” Sorry about that….focus, focus!!!! LOL
Nice one Andrew, great vid.
It would be a shame if you did not earn extra money when normal people accomplish it easily using Certor Cash Code (Go Google it).
Have you seen “Morsch Money Secret”? (do a google search for it) It is a quick and easy way to get extra income fast.
Really good pointers to remember as a coach, thank you Andrew 🙂
Cal Saul
Andrew, this is fantastic mate!!
Fantastic information. Thanks Andrew
Thank you for the great reminders to our community of coaches. I have top
results with my clients but lack the business sense for sure… I just
can’t bring myself to loving money. Doing my work is reward enough… that
said, I keep working on these shortcomings. Karim http://www.naturalselling.biz
The comparison with an ‘abs’ personal trainer is ridiculous
I suggest you should re-train
Joseande33. How can i contact this man? I like to learn more from the kamate haka. On his video Comments Are deactivated. Please contact me. Koenig62@yahoo.deIngolf from Germany
great insight thank you …
I strongly agree that one thing to consider when starting a business is to get the right business model. In relation to that, business coaching can help you plan out the best marketing plan that suits for your business.
i agree the more narrow your niche the higher the value…. one of the 7
rules of branding is “don’t become all things to all people” Great tips
thanks! Pierre