October 2nd, 2008 | 22 Comments

20 Great Tips for Running a Successful Business

Every one desire to have his own business one day. This dream is so fulfilling, but in realty you can say that circumstances are not always that pleasant. You came across many challenges to establish your dream project. Rewards of all the efforts are really worth it.

Let me share with you top 20 tips for making success in business. These tips are not the usual blah blah tips, implement them in your life and get amazing results.

1- Never spend it all:

You must really be very careful regarding the money. The amount of money you have chosen for the venture must be cautiously used.

2- Rainy days backup:

When you are starting your business it is essential that you must save as much money you can for some unexpected mishaps.

3- To Go for a Bank Loan- Or Not to Go for a Bank Loan?

Never be so reliable on the loan money or other kind of financial resources you get from bank. Sometime it is seen you will make your life miserable by too much of loans.

4- Business in the beginning will be slow.

Always keep in mind that no business will become instant success. So save some money to run your daily expenses.

5- Be Creative and Innovative.

Innovation and creativity is ultimate in setting a new business. You cant survive in the competition without being different and better than rest.

6- Divide all your goals into smaller tasks.

It will be quite simple for you when you divide all your targets. Instead of a big goal keep moving towards your desire. It will be easy and convenient to achieve it.

7- Start a small venture.

It is highly advised to never go beyond your limits. Start at a minimum level than gradually upgrade your business.

8- Fight the temptation:

It will be tempting to make it big but don’t act on the weak impulse. Although it seems attractive to start a big business venture.

9 – Have your homework complete

Must Have a Business strategy before beginning everything. It is extremely important that you plan everything earlier. As they say think before you leap.

10- Safeguard your secrets.

It is vital to realize that you should work to protect your personal assets. When you start, there is the chance that you will be held responsible in one way or another. It is extremely crucial to make certain that you work to protect your personal assets at all costs.

11- Play it safe.

To be a successful in business preplan every move you make. Every plan or business strategy should be systematically examined.

12- Maintain a Competitive Edge.

It is vital to have aggressive approach. Always keep looking for new and better ways to compete in this cutthroat field.

13- Keep track of daily needs.

Your business will be a success but be very kind to your loved ones as they need you most. You are doing all this effort for your family never neglects them.

14- Set Realistic Goals.

Set achievable tasks. It is the base of any business arrangement to have a realistic approach towards your goals.

15- Legalities.

If you need to apply for a contract or some kind of paper work certify that it is according to the book.

16- Remain open for suggestions.

Never be so self-centered. Be open minded to all the suggestions.

17- Keep the bills and kitchen running smoothly?

It is your obligation to make sure that all of your bills are paid and kitchen runs smoothly. Keep enough money in hand to pay all your dues.

18- Don’t Do it all yourself.

Many a time people fail to achieve success is because they don’t delegate effectively and try to do everything themselves.

19- Hiring decision.

You should decide that whether that you need the staff or not. If yes than go through detailed hiring procedure. Because you are worth the best.

20- Believe in yourself and your success too!

This tip is the most important one that strongly believe that you will make big success in the business. As I always say believing is achieving. You only achieve only those goals which you are determined to accomplish.

So there you go I have disclosed to you the best ever top 20 tips for a successful business start. Wish you all the best for your future. Keep no doubts in your mind that whether you will achieve the ultimate or not? Yes you will only that kid of attitude will help you go through the challenges.

By: Bob D Jones

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This entry was posted on Thursday, October 2nd, 2008 at 11:55 am and is filed under Tips and Tricks. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

22 Responses to “20 Great Tips for Running a Successful Business”

  1. Angel Cuala says:

    These are great tips for me as I am preparing for a small family business. This list will surely be very helpful, and will be added to my collection as I am reading a lot regarding similar topics.

    I am glad I am a consistent follower of Daily Blog Tips, as I found you there.

    Thanks!

    Angel Cualas last blog post..How to keep your Child away from Junk Foods

  2. Lisa says:

    A great post.
    These are some “real” tips!

  3. Roshni says:

    Great tips for entrepreneurs like me :)

  4. Christopher says:

    A really nice and original article :)

  5. Alok says:

    A nice post :)
    Will always keep these lovely tips in mind.
    I also subscribed to your blog.

  6. Abigail says:

    Excellent tips, will be linking to them

  7. Farrhad A says:

    Glad everyone liked these tips. :)
    I will always keep them in mind.

  8. Acne Scar says:

    How about 21 – Never work with your family. It never leads to a harmonious working life and in your spare time, all you talk about is work.

  9. […] 20 Great Tips for Running a Successful Business […]

  10. Payday Loan says:

    All the tips are very much useful and I am sure it will definitely help for running a successful business.At this time of recession I suggest everyone should plan their business with this kind of tips.Thanks for the post

  11. Ableblogger says:

    Great tips, Inspired me in some way

  12. Great tips there. I think the ‘believing in yourself’ point is one of the, if not the, most important point there. If you have no belief in your business, it’s bound to fail

    Simon | Teenius last blog post is Finding Ideas For The Next Article

  13. Nicolas S says:

    Ver inspriring tips, I congrat you for putting all of them in one post!

    I was surprised to see the 19th one though. This asn’t occured to me (yet?) that it’s necessary to hire someone.

    Thanks!

    *

    Was your article inspired by the work of someone named Robert D. Jones or is this a guest post??

  14. used tires says:

    One thing I always try to tell myself is to never surrender, to never give up, no matter how things are going wrong, and things are getting tough, never surrender!

    Till then,

    Jean

  15. These are really good. You make many great points, especially that it will be slow to start.

  16. Anne says:

    I really like the tip about business owners to be creative and innovative, especially if you are selling products to help market and promote businesses. Companies should keep on thinking what people like to see and those merchandise that will sell.

    That will also help the business owners to be more competitive, which will also encourage their staff to produce more impressive work for the company.

  17. Farrhad A says:

    Thanks for commenting!

  18. Farrhad A says:

    I very very much agree with this. :)

  19. Farrhad A says:

    Glad to have helped, Roshni!!

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