12 Undisputable Pillars For A Growing Micro Biz

Before we start off, just one update.

We have just closed intake for February physical class for micro biz growth – Step of Power.

It is our FREE program of 2 sessions with 3hrs each. February intake attracted 11 micro biz makers and will be happening on 8th and 15th at Nairobi Central Business District

March intake already open and you can book through Whatsapp to 0725 412 802 . You can as well register https://cygnus.co.ke/poweringhse/

Thank you

Mastery

Let’s start there . An attempt to create any focused concentration will require with definite terms your personal mastery.

There can never be any better start point

Huge number of business players and mainly at micro business level, are big fun of activities driven operations. They can find a lot of fun in repeating one thing over and over.

They always seem to be in fear that they might find themselves with free time which they don’t know what to do with it.

Building business will only start with the frame of your mind.

Ability to concentrate, create deep thought process.

Your mind is an independent machine. That is all what you need to feed your mind with. The rest your mind will start generating ideas for you in large number.

That is where the art of personal mastery start – Creating a system that allows deep concertation and thought process of your mind.

Where do you start to create this

It all start from one edge of the needle.

Realizing your need to create self mastery – now that you have been feeding your mind that there are a lot more abilities that surrounds you, then, I believe you have gotten need and curiosity of how you can tap it.

So expand your start point by exposing your mind with no order to fresh information outside your traditional sources. Maybe and most probably your information source has been that casual neighbor at your business place, maybe from social media feeds that you keep scrolling daily and so on.

Secondly declutter your time and ensure you can create accountability chart regarding how you use just a day at your hand.

Imagine you woke up 5am – how did it go until you close the day 11pm.

You will again realize and most probably 50% of your time is waste. That is reference of one day. Just imagine a whole year.

Successful business makers are innovators of the best use of their daily time.

With right accountability and direction habit, they get lot and lot of time to think afresh, refine their ideas and become most efficient implementers.

What will follow is gradual change of the person you are, next thing desire to create new world and new networks and from there that flow is unstoppable.

That was just setting ground to ensure supporting pillars for your micro business are also supported by right mindset;

Undisputable Pillars For A Growing Micro Biz

Business operations is an artistic flow that need to be regulated within a certain predictable system. Without that, business operator will just be self employed looking for his or her own food and basic needs.

Understanding your position is paramount. Are you self employed or entrepreneur.

Other notable thing is that fruits of entrepreneurship is in getting dividends – exponential gains over time whether you will be actively working in it or not. Fruits for investing in a growing business.

Such dividends are only guaranteed if you set business for growth.

Starting and doing business to grow.

#1: Starting small

Starting small is a very strong pillar because it gives you advantage of monitoring operations and getting real time results.

Real operations very real in assessing your progress – from customer value, product source, customer preference, getting right employees and so on.

#2: Business Planning

Planning starts with planning one day of your business life. Then weekly. This enables you accord right level of attention to the business.

Simple planning tools can start you off.

Main objective is to ensure you create system of relying with right information for business decisions

#3: Effective Communication & Negotiations Ability

Most micro business makers are never aware of importance of representing business in a positive way through their communications

From keeping customer warm to negotiating for business needs.

Positive communication drives in more allies that turn to become reliable networks

#4: Your Business Networks

Businesses grow through the links created to connect with right opportunities

Majority micro business have never worked to build any network and that is why everything is about fire fighting or reactive.

Networks including mentors, associations, fellow businesses to learn from and others

#5: Continuous Learning

The biggest job of business manager is learning and bringing back the intelligence to the business for application and improvement.

Dedicated learning will leave your system better and better

#6: Sales and Marketing

The one intention of running a business is to make sales and make money.

First role in any business should be to perfect on how to acquire customer and close sale.

Without clear plan of making sales you only live with wishful desires that population can turn and buy from you.

 #7: Community Support

Business never exists in isolation. Business exists within a community. Integrating business to be known first by the community around it is very powerful.

These are same people that will help push the word to your prospective customers.

 #8: Business MOAT

A MOAT is a trench that was dug to surround a preserved place and protect it from outside attack.

Business MOAT is that thing you want to build for your business to protect it from attack by competitors.

Like extreme customer service making it not easy for your competitor to copy you.

#9: Finance Management

The main objective of running business is to make money.

If you have no system of safeguarding business money, your growth journey is already cut or nip from the source.

Micro business makers fails here every day. Mixing business money for personal expenditure.

#10: Staff Management

Human resources working and paid from business is an asset of business.

All time for the staff should therefore be consumed by business.

Many business makers use human resource paid by business to do their personal activities. There is also no system to sustain optimal productivity of the staff

#11: Business Operation Processes

All operations processes inside business are meant to serve or make service to customer better and better.

From greeting customer who comes in, serving them and bidding them good bye.

There should be clear flow chart.

#12: Business Performance Monitoring and Review

Any action that cannot be measured can never be improved.

Your business requires established indicators that you keep monitoring on how they are progressing.

It could be metrics like sales, stock level, Number of customers

This sets pace and foundation of targeted improvement effort. Also help business explore growing opportunities.

That is valuable.

That’s what will move a needle to your entrepreneurship.

Thank you for reading. Until next time.

Gachoka

 

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