Sawyer Howitt, besides being a famous racquet ball player is also a learned person. Sawyer has surprised many people with excellent skills in all fields. Sawyer is interested in the economic trend. He wants to see how the economy will be with the constantly changing technology.
With the changing economy, it is hard for entrepreneurs to establish themselves in the market. Sawyer Howitt gives the young business person’s five things that they need to keep in mind. These five facts include;
* No time is the right time
Every entrepreneur should stop procrastinating the time to set up the business. If what is stopping you is not a legal process, then whatever is stopping you is a mere excuse. If you want to start a business, use the little resources that you have. Waiting to have a big capital may keep you waiting forever.
* Have a Good Relationship with your Employees
When you are starting your business, your labor may be sufficient. However, if you play your cards right, your business will expand, and you will require hiring employees.
You need to be wise when recruiting your staff. Ensure that they are people who can easily fit into the culture of your business.
The other thing you need is to create a good relationship with the employees. Research shows that satisfied employees are very productive.
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* Stay Focused on Your Goals
Many entrepreneurs get distracted and end up diverting their attention, to other opportunities that seem more rewarding. It is this distraction that is going to fail your business. To be successful, you need to give your business all your energy.
Instead of implementing all your ideas at the same time, note them down and implement them some other time.
* Be Keen with your Numbers
Ensure you keep checking all your numbers. This includes your financial resources, performance key as well as the number of visitors to your media page.
It is important to ensure that you keep abreast with the numbers to be able to run the business.
* Sharpen your Social Skills or Partner with an Extrovert
The social media is crucial in the current world. You need to be fluent, have the tongue of a salesman and be able to entertain your clients.
It is important to improve on social skills for the sake of your business. If you find it difficult; partner with someone else, who has excellent communication skills.
The above is a workable plan that an entrepreneur in every line of business can apply.
Sawyer Howitt works as a project manager in Meriwether Group. He studied in Lincoln High School and will be attending University of California. He loves racquetball, photography and music. He lives in Portland, Oregon.