Advice About Ways To Think About Things Differently For An Existing Business
When you know your business has the potential to grow but you are not exactly sure what to do next, you don’t have to worry. We have a few ideas to help you see things differently and help small business owners approach their business in ways that often uncover new opportunities. In this section, we look at a couple of things to help you kick-start your growth.
Many businesses on a path to extinction or looking for a new idea can be well advised to look for ideas outside their industry.
In some cases, the best ideas come from using your peripheral vision.
Asking a different question can often help a small business owner uncover ideas they may have missed.
And they should never have just one answer to a problem.
Mentally scaling an idea may uncover many new ideas.
And sometimes the best ideas are generated simply by writing them down.
Time is more valuable than money since you can’t create or earn more time. So, looking for time saving ideas usually starts with understanding what your time is really worth.
Maybe the next idea will come from thinking about how a business’s small size can be used to its advantage.
Often business owners are just too close to the situation to see some really obvious solutions, so consider asking third parties outside your business for their opinions.
When it comes to advice from others, experience matters.
Some great ideas can come from employees too. However, a business may need to stimulate its employees from time to time to think outside the box by making sure they are never too comfortable.
Automation is changing everything and may just be the place where the next idea comes from.
Just as in the book/movie “Money Ball”, business owners too often lose track of the things that are really important in making the business a success.
Maybe the most valuable attribute of a business is the owner’s charisma. If so, the business should consider making the most out of it.