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Are you taking care of your most valuable asset?

12th March 2019

Taking care of the business basics - part 5

You may think that keeping accounts is the most important thing in your business (being an accountant, I might even agree with you!). Your colleagues might think it is at the point of sale. Others again might think it is increases in your customer base or market share.

All these aspects of your working practices are, of course, important. But who’s to say out of these three examples which one should be given priority? Well we can’t, unless we make sweeping generalisations about everyone’s business being the same, with the same input and outcomes.

People are Paramount

I believe the most important part of your business is YOU.

Seems trite doesn’t it? A bit too fluffy and 'motivational' perhaps? But we can’t deny the truth of it.

We also can’t deny that we don’t always make ourselves top priority – working long hours, burning the midnight oil and not taking regular breaks or holidays. All to the detriment of our health, our energy and our relationships.

Test Yourself

I’ve devised for you a very simple audit that you, your colleagues and your employees can take to get you thinking about how you look after yourselves and others at your company. It will give you a little insight into your habits at work and in your life in general that you might not have thought about before.

Score yourselves on every question to see what steps you need to take, if any, to look after yourself better.

 

If you scored mostly As: You seem to have things pretty much in hand. Your work/life balance means you are getting enough rests and breaks to ensure that you don’t suffer while you run your business. Don’t be afraid to occasionally do extra to give your business a good boost, or delegate more if you need to do more to increase your customer base, for instance. Don’t let your sales stagnate just because you stick to every single rule.

If you scored mostly Bs: You have some things in hand, but there is room for improvement in other areas. Remember to take regular breaks throughout the day and leave work at work as much as you can. Believe me, it is when your brain is relaxed and not filled with the every little thing you have to do, that you have the most inspiring ideas to take your business to the next level.

If you scored mostly Cs: You need to slow down and reassess your actions. Take on extra staff, even if it is temporary, and don’t get bogged down with doing every single thing exact. Lots of successful entrepreneurs work on a “minimum viable product” to get out to customers, saving lots of time on making it perfect, and gaining valuable feedback from first customers. You can greatly reduce your workload by doing this, well before you forget what your family and friends look like.

And of course, if you scored a mixture of all three, have a look through your answers again, and see if there is any specific area you can improve to make sure your care is as important as the growth of your business.

If you want to take a close look at the goals you set for your business while taking yourself into account, take a look at our FREE goal setting training course.

 

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