5 Business Hacks You Need to Know

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If you’ve read the same business tips over and over, you may be ready for something completely new. You already know that you shouldn’t check your e-mail first thing when you wake up and that you should be setting SMART goals for expanding your eCommerce store.

Business tips

What about the rules you haven’t learned yet, though? Read on for clever business hacks you’ve probably never heard of.

1. Don’t write down your goals; instead, write down your fears.

Writing down your goals can be limiting. When you write down your fears, however, they don’t seem as scary as they did in your head. Getting your fears down on paper helps you to compartmentalize them.

2. Be brave enough to be wrong.

The only way “wrong” snowballs into a huge mistake is if you don’t learn from it. When you fail, don’t look at the outcome as something terrible. Instead, reframe it so that it’s an outcome you didn’t expect, but not necessarily a horrible failure. If you’re wrong about something, shut down the project, apologize to those involved, learn from the mistake, and move on to the next goal.

3. Delegate the tasks that you’re good at.

As an entrepreneur, you should know about marketing, accounting, and pretty much every other aspect of your business. However, you don’t need to manage all of these roles. Delegate even the items that you usually excel at; learn the roles that you don’t particularly like. Successful people know every aspect of their business and then delegate whatever they possibly can.

4. Be lazy, strategically.

Gradual growth isn’t the key to running a successful, money-making business. Instead, find a multiplying effect. What can you do once and then multiply? How can you piggyback off of your current ideas, products, or services? You’ll be able to increase sales without putting in a whole new wave of startup effort.

5. Value your time

While you can always make more money, you can never make more time. Value your time highly. Don’t be afraid to put a high price tag on your services. What is one hour truly worth? Probably more than you’re currently charging for.

Reframing and revising your goals, working smarter instead of harder, and valuing your time are all tactics that the world’s most successful entrepreneurs utilize.

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Vishal Gaikar

Article by Vishal

Vishal Gaikar is a professional blogger from Pune, India. If you like this post, you can follow him on Twitter.

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