What I've Learned Being a Business Owner For The Last Decade
We all fantasize about being that CEO with tons of money, no problems and just magically have it all put together.
Well amazing as it sounds unfortunately, that’s not how it works.
At some point I thought this was how it was going to be for me when I first started and realized that this fantasy wouldn't really happen for me in real life. I thought this was how it was going to be smooth sailing but I have had countless problems and issues thrown at me. And it has been great!
I have been a business owner for over a decade. I learned a ton about myself and what really takes to make a good business. Here are 3 lessons I have learned that can be useful on your journey to success.
Lesson 1: Leadership is underrated!
Leadership is the most important skill to have as a business owner. It is very important because leadership is about making decisions that affect your business, and having control over how you handle certain situations.
Of course there are going to be times where you have to rely on other people, but being a true leader is when you inspire others and push them in a direction that contributes to the success of not only yourself, but also your business.
Leadership does not mean that you can do everything in your business by yourself, it just means that you understand the importance of being in control.
Lesson 2: Learning never ends!
Learning is a highly underrated skill. A lot of people are afraid to learn new things, or feel like they already know enough. This is a horrible mindset to have as an entrepreneur.
Yes you do need to know certain things about your business, but there are always new skills out there that can help you grow more and become better at what you do!
You should never feel like you know everything and just stop learning new stuff, because that is how you will get left behind in this world.
As a business owner, salesmen and saleswoman; we need to be able to learn, and fast. Time is money. Time we could be using to grow our business.
Be sure to make time to learn. This means no Netflix, no TikTok, no ‘movies’. Make it a rule to learn something new every day. Read a book, catch up on industry news, or even take courses in person or online.
There are tons of free resources online to help you learn things about your business or industry.
Use them! it's your best bet to stay ahead of everyone else.
When you are confident in what you know and your ability to learn ; you can take more chances and likely make more money, which leads us into the third thing I learned
Lesson 3: If You Don’t Know What You’re Doing Confidently, Do Not Charge Confidently.
Confidence is also very important and plays a role in every aspect of life. It makes you more attractive, charismatic, likeable and gives a great impression of competence and trustworthiness.
In business, confidence is a necessity. This must be shown by what you say and how you say it and how it is presented in the case of the online world.
If someone is selling a product or service but does not appear confident in their ability to perform what is being sold, then the customer will lose confidence that the product or service is worth the investment. This is not good for anyone involved.
As a result the price of goods or services may be sold at a discounted price due to this lack of faith on both sides; one can come to expect low quality products, while the other may see that they are unable to sell at a higher price.
Not being able to speak with confidence can be crippling to business owners. Even if someone is not speaking about their products or services, they need the ability to communicate confidently in order to gain customers.
If a job applicant appears unconfident during the interview process, would you hire them for the job? Would you rather hire someone who seems to be more confident?
After being a business owner for over a decade there are a ton of other things I could share with you about being a business owner. I know you don't want to spend all day reading a blog so I will stop there for now. If you are interested in learning more things that will help you and your business join our newsletter!
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