I want to thank Brad Mishlove, CEO and founder of Catapult Groups, for providing our guest blog post for today. I’m confident you will find his insights to be very valuable in helping you move your business forward.
Live, Work, and Relate Well!
If you own a business, it’s time to take your blinders off so you can identify any problems that may be holding you and your business back.
As a business owner, one of the costliest mistakes you can make is not knowing your blind spots. You worked hard to grow your business, and you have faith in your product.
Surveys have shown that 75% of small business owners have an optimistic outlook toward their company’s future, but the numbers don’t bear out this enthusiasm. The truth is, 70% of small businesses will fail by the tenth year, with a full 20% failing within the first year.
What’s holding your business back?
Despite feeling optimistic in the beginning, these business owners failed to see where they were coming up short. Are you setting up roadblocks along your own path to business success? If you are guilty of any of the following, you may be:
1. Not paying attention to reviews
Ignoring customer feedback is a mistake your business can’t afford to make. The internet has made it easy for people to base their purchasing decisions upon the reviews of others. Your reviews build credibility for your business by showing consumers their money will be well-spent when they put their trust in you. Your reviews are your chance to show off your excellent customer service skills.
2. Not having a great team
Your team can make or break your business, so hiring is one area where you won’t want to cut any corners. The best