Category Archives: Coaching Blog

Startup Businesses

Its possible that you may have never heard of a startup business before, so heres just a quick overview of what they are all about. Startups are happening all across Australia every day. For every business that’s going under, there is always a willing entrepreneur starting a new business from a home, a garage, a workshop or even out of the back of a car. Startups are a low cost alternative to buying an existing business, they are cheaper with a lot less up front risk, they are well suited to the cash poor, time rich individuals, or to those who are looking to do something that’s a little out of the box. Startups have a great success rate, though they can take a little longer to get going than an established business, but because the overheads are usually lower and debt is less they have a greater chance of long term survival in difficult economic times. Startups are suitable for any type of business and are really about doing the legwork to get the clients/customers that you would be paying for when purchasing an established business. They are not for everyone but for those entrepreneurs who are confident, and willing to get out and talk to people about what their business has to offer the marketplace, they are ideal. They are easy to build up and sell on at a later date or a lot of people over the years have taken their original startup business and franchised it with great success. Ongoing costs are minimised with a startup as most franchises take around 15% of your weekly turnover which can amount to some very large sums of money when your business becomes successful. Jims is a great example of this type of franchise they have branched out from their cleaning model into every area of home services over the years with great success.

Grow your business by growing yourself

For your small business to maintain consistent growth you are going to need to develop a plan for you own personal growth. Its so important to be aware that everything in your business revolves around you.You are the centre of this thing, the pivot for everything in and around your business. So what does this look like in reality; well if you are feeling anxious it reflects in your business performance,if your depressed, or angry, or frustrated all this will come out in your interactions with your customers/clients. Of course its not only negative emotions that impact, think of your creativity, your drive, your motivation to take your business to the next level, all these are coming out from you. Without focusing on your personal growth you will find that you will reach a ceiling level in your business; maybe you are there right now, maybe you’ve been wondering how do I get to that next level, how do I break out of this rut that I find myself in. If that is you or if you are just starting out and wondering how to go about growing this wonderful thing you have created, may I suggest a look inside is a great place to start. Check out whats happening down in the engine room and while your there, it might pay to check out just how much fuel you have to keep driving this thing in the direction you desire to see it go. An inward look can be an amazing experience and just like your vehicle if you see some red lights on the dash it may be time for some maintenance. Its amazing what can happen when you begin to focus on yourself to be kind to yourself to feed your inner spirit and to regularly take time to refuel and process negative emotions.
Go on, you wont be sorry. I can assure you spending some time each week focusing on some on these things will get your creativity growing, your motivation and passion will begin to return and best of all watch as over time business will increase, debts will start to get paid and energy and freedom will return. Well worth it hey why not start today?