Vancouver Business Coach | Help Yourself Grow By Learning
If entrepreneurs are looking for one thing that will set themselves apart from their competition says Vancouver business coach. The one thing is learning. While many people believe their learning days are over.
When they graduate from a formal institution. Whether it is a secondary school. Or if it is a post secondary institution. Such as universities, colleges or trade schools.
However, the most successful people know. That success comes from continual learning. And continual improvement. Something that Michael Gerber, the author of business book, the E myth noted.
People who are exceptionally good in business are not so because of what they know. But because of their insatiable need to know more.
One of the metrics that makes a person more likely. To succeed in business, is actually reading. And contrary to what most people may think. They do not have to read hours a day. In order to achieve that success.
Simply reading something business related. For thirty minutes a day. Can increase a person’s chances of succeeding. Reading not only increases a person’s attention span. But reading also stretches a person’s mind.
Allowing people to see more perspectives. And if they read things, that they do not necessarily love or agree with. They will also be able to see things. For many different viewpoints, and gain a deeper understanding of things.
It is no coincidence says Vancouver business coach. That the top level CEOs in the country. Read more than the average person. And if a person reads 30 to 60 minutes each day.
That will translate into the ability. To finish four or five books every single month. This is why in Cooper business coach recommends. That any entrepreneurs who are serious. About growing their business. And outperforming their competition.
Should put into their time blocks calendar. One hour every day. Devoted to learning. While reading is a great activity. Studies have also shown. That listening to audiobooks. Provide the exact same benefits that reading does.
Therefore, if people are not a big fan of reading. They can listen to the audiobooks. In order to gain the same benefits. With an added benefit. Of being able to listen to these audiobooks. When they would not necessarily be able.
To be reading, such as on their morning and afternoon commute. As well, some business owners wake up. Twenty minutes earlier then their alarm. And devote that time to reading. And do the same at night.
By finding all these tiny pockets of time. Entrepreneurs will be able to turn that one hour. Of time blocked learning, into two hours. Of total learning time in their day.
Even by looking at some YouTube videos. During their lunch hour, can help grow a person’s knowledge. Whether it is industry-specific. Or people are researching organizational improvements.
Entrepreneurs who learn more. Or going to be able to grow more. Than the competition, who is likely. Not doing the same to expand their knowledge. Or to grow their business says Vancouver business coach.
Vancouver Business Coach | Help Yourself Grow By Reading More
Learning is vital to business success says Vancouver business coach. And while many entrepreneurs. Will not have previous. Experience running a business. There is no place to get that experience.
Then by running a business. Therefore, it is even more vital. That they take whatever opportunities they can. To learn is much as they can. About running a business. One of the first places that business owners should start.
Is looking at the most common reasons. Why other entrepreneurs before them. Have failed in their business endeavours. According to an industry Canada survey. 50% of Canadian small businesses.
Fail within five years. Of opening the doors to their business. And while some might assume. That there are many, and complex reasons. Why entrepreneurs fail. The survey shows that is not true.
Out of the thousands of businesses that were surveyed. The reasons for failure. It came down to three very predictable. And three very avoidable reasons. Out of the 50% of entrepreneurs that failed.
42% of them said. That the reason why they failed is because they could not find. Enough customers to sell enough of their products or services. Whether they did not market their business at all.
Or did not market their business effectively. Inspired method marketing and coaching recommends.
Learn More & Earn More
Learning as much as they can. Initially in their business about marketing. Would be very wise and prudent decision. Whether they read books, listen to audiobooks. Or any number of methods.
Including podcasts, YouTube videos and webinars. The more marketing knowledge an entrepreneur has. The more likely they are able to overcome. Not being able to find enough customers in their business.
The second most common reason. Why entrepreneurs in Canada failed. Affecting 29% of them. Is because they ran out of money. Therefore, the second thing that Vancouver business coach recommends entrepreneurs learn about.
Is how to set up, and read financial statements. They will be able to learn more. About their business finances. And also learn how to read the statements. So that they can make better financial decisions.
By avoiding making poor decisions. And learning more about their business finances. To be able to do things like increase their prices. To pay for all of their expenses. Help more entrepreneurs succeed.
And finally, the third reason. Why entrepreneurs in Canada failed. Is because they were unable to find, or keep staff in their business. That is why entrepreneurs should learn. A friend hiring methods.
Then one on one interviews. The group interview is far more efficient. And can help entrepreneurs. Who have no time, or no HR department. To be able to find people faster. And better quality people as well.
The sooner entrepreneurs are able to learn. And know what information to learn about. The more likely they will be at succeeding. For more helpful hints. And help in their business.
Entrepreneurs can hire inspired method marketing and coaching. By simply picking up the phone and arranging a consultation with Vancouver business coach.