What Successful Small Business Owners Have in Common
Small business owners are a special breed. They are risk takers, Innovators, and creative problem solvers. Whether you’re a pool service company, a home watch company, or a similar type of service business, there are six traits that successful small business owners share:
Passion for their business
Successful small business owners are passionate about their businesses. They have a clear vision of what they want to achieve, and they are committed to making it happen. This passion drives them to continuously improve their products or services and to find new ways to grow their businesses.
The US Chamber recently noted that, “Almost everyone has heard the adage, “Do what you love and you won’t work a day in your life.” While that may or may not ring true for all, passion is a foundational building block to believing in an idea or pursuing a goal — especially in business.”
Successful small business owners have a positive attitude. They believe in themselves and their businesses. They are optimistic and see opportunities where others see problems. This positive attitude helps them to stay motivated and focused on their goals, even when times are tough.
According to a Forbes article, “All the best things stem from a good attitude. You create your reality, and energy follows attention. So, pay attention to the positive aspects of your business and the life you lead. Keep your mind on track, and maintain a positive, nontoxic atmosphere in the office, and people will notice. You want your clients and prospects to feel it. Be a beacon of positivity and energy, and you and your team will enjoy life more and not notice that you are working so hard.”
Willingness to take risks
Small business owners know that taking risks is essential to success. They are not afraid to experiment and try new things. They understand that failure is part of the process, and they learn from their mistakes. They know that taking risks is part of the entrepreneurial journey and they are prepared to accept the consequences, good or bad. This willingness to take risks allows them to try new things and to innovate. It also gives them the confidence to persevere when things don’t go as planned.
The University of Pennsylvania’s Wharton noted that, “Back in 2004, when Mark Zuckerberg was still creating the beginnings of the now-behemoth Facebook, PayPal co-founder and Facebook investor Peter Thiel told Zuckerberg a piece of advice that will always stay with him: In a world that’s changing so quickly, the biggest risk you can take is not taking any risk.”
Strong work ethic
According to Indeed, “Work ethic is an attitude of determination and dedication toward one’s job. Those with a strong work ethic place a high value on their professional success. They exhibit moral principles that make them outstanding employees in any position. If you have a strong work ethic, you believe in the importance of your job and typically feel that hard work is essential to maintaining a strong character.
Successful small business owners have a strong work ethic. They are willing to put in the long hours and do whatever it takes to get the job done. They are also disciplined and organized, which helps them to stay on track and achieve their goals.
Focus on customer satisfaction
Salesforce emphasizes that, “In an era of changing customer expectations and increased market competition, it’s more important than ever for businesses to have razor-sharp customer focus.”
Successful small business owners know that happy customers are the key to success. They focus on providing excellent customer service and on creating high-quality products or services that meet their customers’ needs.
The Harvard Business Review said that, “Resilience is especially important today because the business environment is becoming more dynamic and unpredictable. This is a result of several enduring forces stressing and stretching business systems — from accelerated technological evolution to a greater interconnectedness of the global economy to broader issues such as rising inequality, species depletion, and climate change. There is no better example of system stress than the coronavirus crisis.”
Small business owners need to be resilient. They face many challenges and setbacks, but they never give up. They have the determination and persistence to keep going even when things are tough.
In addition, Forbes Coaches Council recently emphasized the importance of courage, “Courage, passion, hard work and a community are what it takes to start and run your own business. Courage will get you to start and climb the steep learning curves you will encounter, and passion will attract others in your community to join the mission. Every entrepreneur I have ever worked with has devoted an enormity of hard work to get the business off the ground and find mentors who can help,” said Russ Watts, The Watts Group.”
To learn more about how to make your small business a success, contact us at 239-349-9400 or email [email protected]. Provalet.io is a powerful and simple software that helps you run your field service company. With its user-friendly interface, you can manage your business without relying on pens, paper, or binders. Keep your business organized and running like a pro with Provalet.io.
This ProValet.io Blog Post is Part of a Series Designed to Help Small Business Owners
Manage Their Field Service Software and Keep Their Business Running Like a Pro