How to improve metrics in your business (Part 2)
Tracking irrelevant KPIs will distract you from focusing on the things that truly matter. You’ll end up stressing about the numbers that have no impact on performance.
Blogs for those who make the career choice to become entrepreneurs, freelancers and business owners to help launch or grow and scale their businesses.
Tracking irrelevant KPIs will distract you from focusing on the things that truly matter. You’ll end up stressing about the numbers that have no impact on performance.
You cannot measure your metrics by following your gut feeling. Running a successful business requires a thorough analysis of the work, sales, and financial results.
Simply put, metrics give you a way to measure your success and identify areas where you need to make improvements. Without them, you’re flying blind – making decisions based on guesswork rather than hard data.
Money is the business resource that opens doors and simplifies the hard tasks. Keep track of it and eliminate wastage.
There's no question that time is the most valuable resource for a small business and entrepreneur. Time is the one thing you can't replace.
There are a few ways to find candidates, but the most important thing is to be clear on what skills you need, long before you vet candidates.
Hiring a professional can be a big step for any business - but it's often necessary to take your company to the next level.
Processes and Procedures Increase the Value of your Business Do you ever feel like your business is out of control? Like there are too many things that need to be…
Documenting your systems will enable you to hire someone to take business tasks off your plate. But if you don't start with your systems mapped out early on, you will be playing catch up down the road. If you are growing, it is very hard to go back and create the systems and processes you need from scratch, while still growing and scaling. It is always better to have systems in place from the beginning, even if they are basic. You can always build and improve upon them as you go.
Starting your own business but worried about the impact it will have on your current job? Don't worry, it is possible to do both!