The intense competition involved in any kind of professional effort can be demotivating to say the least, or at least, disorientating. The former, because of course, sometimes it’s not just how clever or hardworking we are, but how lucky and able to make use of networked contacts we can be. The latter, because what may work one year may not work the next.
For this reason, many professionals and business owners wonder what exactly it is they can rely on. If businesses even more successful and storied than mine can fail, what’s to say my enterprise won’t?
Never fear, because your best effort is all that’s needed. It might not guarantee you success in every field, but you can rest easier with yourself knowing that the limits of your professional capability have been stretched. Moreover, you do have the agency to make real improvements and develop in the healthiest way.
Accruing 1% gains in your business life is a good example of this, as over time marginal improvements compound onto one another, and become better than ever. Add 1% to any figure. Then add 1% to the figure you’re left with. That latter 1% is incrementally more than the previous. As we can see, success can be exponential. In this post, we’ll discuss how to get there:
Save Minute Fees, But Regularly
Minute fees that accrue over time can add up, and the same applies to savings. But cost-cutting can be difficult without impacting the quality of your service. This is why it can be smart to use methods such as optimizing your business’ b2b credit card processing fees, and with interchange optimization, you can net better rates for the daily payment processing you need to make use of. Selecting the correct service, bookkeeping and accounting reliably, and passing those savings onto the customer or investment in your firm is a 1% saving that rapidly grows.
Active Training
It’s also good to consider how actively training team members over time, even in small ways, can accrue to small, measurable productivity developments that actually make a difference. For instance, taking your team to a public speaking seminar might not seem like it could be beneficial tomorrow, but over time, when you run events, when you conduct outreach, this confident approach to communication really does matter. With an active approach to training of this calibre, you really do make a difference.
Error Reporting, Review, Redevelopment
Implementing a structural approach towards bad reviews, negative feedback, customer complaints and dismissals can be a very healthy thing to do, especially if you can consolidate that data and use it to make actionable changes. This way, every time a customer leaves a bad review or complain, you have the chance to make a 1% improvement, not only by addressing the behavior, but altering systems or adding new processes that help this become less likely in the future.
With this advice, you’re sure to accrue 1% gains in your business life, as you manage a business and your entrepreneurial development.
Thank you for reading!
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[…] is how you help your business break out of the business gate, and from there you can begin to accrue 1% gains going forward. In this post, we’ll discuss how to avoid falling at the first hurdle with that in […]