A Tip On Business Growth
At a recent Women TIES Success Seminar (www.womenties.com) held in Syracuse, New York, our program focused on growth for women owned businesses. The group of 50 women entrepreneurs wanted to know how to start growing their enterprises. From that seminar a couple of great thoughts were shared, which we'd like to share with you.
Most women entrepreneurs who grew their businesses grew by adding staff. Many one person operations end up creating viable businesses but once their companies become well established their ability to perform all tasks to keep the business growing becomes impossible. These entrepreneurs started growing by hiring support staff and delegating all non-revenue producing tasks to them. As the owner, they concentrated their efforts on sales and client relationships.
Eventually, these entrepreneurs added a sales person which helped to make their companies grow faster. By adding staff, the owner was able to spend more time on recruiting large clients, fostering business alliances, and creating more products or services. Lastly, these entrepreneurs could only add staff by obtaining financing, taking a temporary cut in their salary, or selling more in order to pay for a new employee.
Bottom line, growth takes risk and costs money, but so does starting a business. Most of us have already accomplished that so growing shouldn't be too much harder.
Successful Women Entrepreneur of the Week
Kathy Kobliski is the owner and operator of Silent Partner Advertising in Syracuse, New York. Kobliski is an accomplished writer, having authored three editions of "Advertising Without an Agency", a monthly column for Entrepreneur.com, and articles for National Business Association, Startup Journal.com, Sales Masterminds, BankRate.com, HomeOfficeMag.com, and Canadian Women's Business Network, to name just a few. To find out more about her company and services contact Kobliski at media106@aol.com.
Most women entrepreneurs who grew their businesses grew by adding staff. Many one person operations end up creating viable businesses but once their companies become well established their ability to perform all tasks to keep the business growing becomes impossible. These entrepreneurs started growing by hiring support staff and delegating all non-revenue producing tasks to them. As the owner, they concentrated their efforts on sales and client relationships.
Eventually, these entrepreneurs added a sales person which helped to make their companies grow faster. By adding staff, the owner was able to spend more time on recruiting large clients, fostering business alliances, and creating more products or services. Lastly, these entrepreneurs could only add staff by obtaining financing, taking a temporary cut in their salary, or selling more in order to pay for a new employee.
Bottom line, growth takes risk and costs money, but so does starting a business. Most of us have already accomplished that so growing shouldn't be too much harder.
Successful Women Entrepreneur of the Week
Kathy Kobliski is the owner and operator of Silent Partner Advertising in Syracuse, New York. Kobliski is an accomplished writer, having authored three editions of "Advertising Without an Agency", a monthly column for Entrepreneur.com, and articles for National Business Association, Startup Journal.com, Sales Masterminds, BankRate.com, HomeOfficeMag.com, and Canadian Women's Business Network, to name just a few. To find out more about her company and services contact Kobliski at media106@aol.com.
posted by WomenTIES @ 7:45 PM
0 Comments:
Post a Comment
<< Home