It’s tempting to think that your business success is all down to you, but this is not true. No one is an island, and even less so when it comes to building a successful company. That’ll depend on many people; some close to you, some distant. Below, we take a look at some of the individuals and organizations who, alongside you, will have a big say in how well your new venture does.
Your Friends and Family
Make no mistake: no matter what the business, no matter how qualified you are to operate it, a company is always hard work. You’re going to have moments of self-doubt, moments where you’re overwhelmed by all that you have to do, and so on. During these moments, it’ll be your friends and family who will be able to help you navigate your business to smoother waters. They’ll provide plenty of emotional support, of course, but will also likely offer a helping hand, too. Whether it’s just helping you get the word out, replenish stock or other simple activities, you’ll be thankful they’re there to help.
The Naysayers
Yet while support is good, there is such a thing as “too much support.” When it comes down to it, the people who will help you most will likely be the ones who are able to give constructive criticism. If everyone in your family is just telling you how wonderful your company is, you won’t know where to go next! Alternatively, if someone is willing to speak the truth, tell you what’s good and what’s bad about your business, then you’ll be able to get rid of potential problems before they materialize. You don’t have to take every criticism on board, but they’re useful to know at least.
Your Staff
It’s imperative that you hire correctly. Why? Because your staff is going to have a massive say in whether your company works or not. In the early days, you’ll only hire a couple of employees, so it’s also important that they can work without being guided through everything, contribute to an enjoyable office space, and that you trust them. If you hire the best people and give the space to deliver the best work, you’ll see the difference when it comes to your bottom line.
Other Companies
Your company isn’t out there all on its own. It exists within a system that is also home to many other companies, some of whom will be able to help you. Before you have the budget to hire more staff, outsourcing will help you tremendously. Let a company like Westview Technologies take care of your IT; employ a marketing firm that specializes in SEO; and have an accountant run your numbers. They’ll all free up time, which you can use to work on the tasks that make the most of your skills.
The Legends
And finally: the legends, the entrepreneurs who had a lot of success. Read their books, soak up their knowledge, and you’ll find it easier to navigate the murky world of business.