Being an entrepreneur and small business owner means constantly challenging yourself, especially as a woman, while searching for new avenues for success. Even though you may be struggling now, remember that owning a Start-Up Business on Gold Coast means contending with a thriving business community and competitive environment. Using the Confidence in Business approach, you can make this decision effectively while avoiding unnecessary stress and worry.
Small Business Coaching provides personalized consultation to ensure your awareness of all your available options, even when that means changing course completely after owning a small business. Before moving forward with scaling back your business at all, try a self-assessment by considering where you will be in the next six months or so. This can help determine the path you’re headed on, as well as whether potential gains are worth the risk of continuing on, for now. Typically, coaching for success can assist in developing new and exciting endeavors that may be just around the corner!
In the next six to twelve months, with the help of professional coaching for women, do you imagine being able to turn your business around? If the answer is that you don’t see a clear, direct path forward, an SME Business Coach can help guide you through a successful exit, after exhausting all your options for salvaging it. The same motivation and ingenuity that propelled you to opening your small business in the first place, can also propel you forward now! Small Business Consulting can assist you every step of the way.
Starting and growing your small business means actively finding new ways to improve your margins, understand your customers and provide them the products and services they need. Now that you’ve noticed your small business isn’t necessarily sustainable, it’s time you start thinking how to prepare for the next steps for you, your customers and most importantly, your children and families. Before you even make a decision to down-size your small business, first be sure you have exhausted all your available resources and options, especially small business help and support via business coaching for women! After all, small businesses fluctuate dramatically, and often take months or even years to fully actualize their potential. Before considering an immediate shuttering, consult with your trusted Gold Coast Business Coach regarding your business future!
Believe it or not, finding a proactive solution to your business problems, even one as dramatic as closing down completely, can actually benefit you and your family in the long-term! In fact, a temporary or permanent closure can free up your time and energy to achieve your long-term goals and aspirations. With one opportunity ending, this is a great time to learn from the successes and challenges you faced while running your start-up, lessons that can inform you both personally and professionally!
Chances are, Business Coaching has already helped you achieve many of your goals for your small business, which are experiences that last a lifetime. Closing doesn’t mean you failed, but another opportunity to face life’s challenges head-on! Even if you never saw this in your future start-up plans, you can make the best of it by processing the right strategy while utilizing direct coaching for women in business. Even though it will undoubtedly be a grueling decision to make, it can lead to freedom and empowerment with the correct approach!
Over my years in business and having gone through the journey myself – “$60 in the bank to a business with an annual turnover of six-figures” – I have personally learned a few things along the way. Perhaps here are my top tips.
- First one is to set your own expectations, don’t wait to get expectations from anybody don’t wait for any external expectations, you decide what you want to be in your own life, you have a purpose, you’re here for a reason and you can do it.
- The second thing is to have the right attitude and remember that businesses, good businesses and good leaders hire for attitude. You need to have the right attitude, the attitude to know that you will be able to make it that you have what it takes to overcome obstacles. You have to remember that there’s a hidden opportunity in every challenge so look for it and stay at it and go for it.
- The third thing, which is the most important for all females is to ask for it. Statistically females negotiate way less than men. Chances don’t come knocking on your door even if you deserve them. No matter in which business you are looking to work with you have to ask for it, you have to negotiate when there’s a new opportunity, you have to ask for it when there’s a new activity in school or at university, you have to ask for it. So, we women have to do much more of that. I always say if life doesn’t give you an offer, it doesn’t mean that you don’t negotiate.