Most everything in life comes down to time or money. It’s a challenge to have both at the same time for most people. This is very true when it comes to new and growing business. When you are starting your business you have more time than money. This allows you to do more things personally for your customers and everything will have your touch. As your business grows the scale starts to tip and you just don’t have the same amount of time to give. At that point you use the money you are making to hire people and keep moving forward, with your direction.
Much of this is common sense but always worth repeating.
5 Things you can do for your business when you have more time than money:
Greet all customers
Write thank you notes by hand
Volunteer and network with your community
Connect with customers on social media daily
Talk to all your customers and staff to gain valuable insight, this will help you grow quickly & head off any potential problems forming
5 Things you can do for your business when you have more money than time:
Hire good people to represent you and your business
Advertise to help increase your traffic flow
Offer product or % savings discounts to encourage more people to try your business
Upgrade your infrastructure-paint your building, update your website, hire someone to work your social media communication
Donate in your community, the time you had to share is now converted into cash
I have said this for years, everything comes down to time or money. No matter where you are in your business, your career, or your relationships- there is always something you can be doing to move forward!