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Small medium sized businesses in UK growing faster with less uncertainty

SME business thinktank on business growth and development. Entrepreneurs and business leaders developing new income more profitably. Focus on reducing costs increasing productivity and maximising profit for small to medium sized businesses in the UK.

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Join our interactive business think tank to network with business leaders to grow your business faster.

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Join our interactive business risk management think tank online discussions news debate and workshops for business growth and protection

Free Up Time For Business

How do you free up your time to focus on what really matters for a successful business

Time is a precious commodity in the business world. As an entrepreneur, it’s easy to get bogged down with tasks and responsibilities that keep you from focusing on what’s most important for your business’s success. Here are some tips on how to free up your time to focus on what truly matters:

  1. Delegate tasks: One of the biggest time-wasters for entrepreneurs is trying to do everything themselves. Delegate tasks to trusted employees or contractors to lighten your load and give you more time to focus on your strengths.
  2. Automate routine tasks: Automation tools can save you a significant amount of time by streamlining repetitive tasks. From email marketing to invoicing, there’s a tool available to help you save time.
  3. Prioritise tasks: Make a to-do list each day and prioritize tasks based on their importance. Focus on the most critical tasks first, and don’t waste time on tasks that can wait.
  4. Manage your email: Email can quickly consume a lot of your time if you’re not careful. Set aside specific times each day to check your email, and avoid checking it constantly. Use filters and folders to keep your inbox organised.
  5. Avoid multitasking: Multitasking may seem like an effective way to get more done, but it can actually slow you down and reduce your productivity. Focus on one task at a time and give it your full attention.
  6. Set boundaries: Set boundaries for when you will and won’t be available for work. This can include not checking email after hours, not answering calls on weekends, or setting aside time for a lunch break.
  7. Take care of yourself: Finally, make sure you’re taking care of yourself. Exercise regularly, get enough sleep, and make time for leisure activities. A well-rested and healthy mind is more productive and better equipped to tackle the important tasks at hand.

By following these tips, you can free up your time and focus on what really matters for a successful business. Remember, time is your most valuable resource, so prioritise it and use it wisely.

BusinessRiskTV UK Entrepreneur Centre

Helping Small Businesses Grow Faster

How to grow a small business tips with BusinessRiskTV

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Learning how to grow a small business into a large business is not easy. BusinessRiskTV offers how to grow business tips advice and support services. Network with business leaders and risk professionals to learn how to grow a business online faster.

How To Grow A Company Successfully

What must you do today to grow your small business? Learn how to grow revenue and profit faster that your industry norm. Our experts work alongside SMEs to design and implement business growth plans.

Get Help To Grow Your Business
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Work with us to:

  • Increase revenue and profit
  • Improve employee productivity
  • Build long-term business sustainability regardless of risks

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Put your products or services in front of new buyers more innovatively and dynamically

Link into your existing sales process direct from BusinessRiskTV. Increase the number of your revenue streams more profitably. Grow your business faster more sustainably.

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Running a successful business is never an easy task. There are always challenges to be faced, risks to be managed, and competitors to be outsmarted. That’s why it’s important to have a solid strategy in place, and to constantly evolve and adapt as your business grows and changes.

One resource that can be incredibly helpful for business owners looking to grow their companies quickly is BusinessRiskTV.com. This online platform offers a wealth of resources and information designed to help businesses manage risk, navigate challenges, and stay ahead of the competition. In this article, we’ll explore some of the ways that BusinessRiskTV.com can help you grow your business fast.

Understanding the Risks

One of the first steps to growing your business quickly is to understand the risks involved. BusinessRiskTV.com offers a range of resources and information to help you identify potential risks to your business, and to develop strategies to mitigate those risks.

For example, the platform provides access to a range of risk management tools, including risk assessments, risk registers, and risk mapping tools. These tools can help you identify the areas of your business that are most vulnerable to risk, and to develop strategies to mitigate those risks.

In addition to these tools, BusinessRiskTV.com also offers a wealth of information and resources on risk management best practices. This includes articles, whitepapers, and case studies that provide insights and advice on how to effectively manage risk in your business.

Navigating Regulatory Compliance

Another challenge that businesses face when trying to grow quickly is navigating complex regulatory requirements. BusinessRiskTV.com can help you stay on top of regulatory compliance, with resources and information on everything from data protection regulations to health and safety requirements.

The platform provides access to a range of compliance tools and resources, including compliance checklists, compliance calendars, and compliance training materials. These resources can help you ensure that your business is meeting all of its regulatory obligations, and can help you avoid costly fines and penalties.

Networking and Collaboration

Another key factor in growing your business quickly is networking and collaboration. BusinessRiskTV.com provides a range of networking and collaboration opportunities, including forums, webinars, and events.

The platform’s forums are a great place to connect with other business owners and industry experts, and to share ideas and insights. The webinars and events offered by BusinessRiskTV.com provide opportunities to learn from industry leaders, and to connect with potential partners and collaborators.

In addition to these networking opportunities, BusinessRiskTV.com also offers a range of collaboration tools, including project management tools and document sharing platforms. These tools can help you collaborate effectively with partners, suppliers, and other stakeholders, and can help you streamline your business processes.

Marketing and Promotion

Finally, effective marketing and promotion is essential for growing your business quickly. BusinessRiskTV.com offers a range of marketing and promotion resources, including advertising opportunities, content marketing tools, and social media promotion tools.

The platform’s advertising opportunities include banner ads, sponsored content, and email marketing campaigns. These can help you reach a wider audience and promote your products and services to potential customers.

The content marketing tools offered by BusinessRiskTV.com include access to a range of industry-specific blogs, as well as content creation and distribution tools. These can help you create and promote content that resonates with your target audience, and can help you establish your brand as a thought leader in your industry.

Finally, BusinessRiskTV.com offers a range of social media promotion tools, including social media management software and analytics tools. These can help you track the performance of your social media campaigns, and can help you identify opportunities to improve your social media marketing strategy.

BusinessRiskTV.com is an excellent resource for businesses looking to grow quickly. The platform offers a range of tools, resources, and networking opportunities designed to help businesses manage risk, navigate complex regulatory requirements, collaborate effectively, and market and promote their products and services to a wider audience.

By taking advantage of these resources, businesses can not only grow quickly but can also do so while managing risk effectively. The platform provides access to a wealth of information and resources, as well as opportunities to connect with other business owners and industry experts.

In a world where competition is fierce, having access to the right resources can make all the difference. With BusinessRiskTV.com, businesses can gain a competitive advantage by staying ahead of the curve and effectively managing risk, while also building valuable relationships and promoting their products and services to a wider audience.

Overall, BusinessRiskTV.com is a valuable resource for any business looking to grow quickly and effectively. Whether you’re just starting out or are looking to take your business to the next level, this platform can provide the tools and resources you need to succeed in today’s fast-paced business environment.

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BusinessRiskTV Helping Small Businesses Grow Faster

Digital Guru Magazine

Read the latest digital guru tips to boost your online presence and increase your online sales with BusinessRiskTV

Tap into BusinessRiskTV digital guru services tips and advice. Promote market and advertise your business more cost effectively online. Use our eCommerce solutions to grow your online sales quicker. Use our risk management guru service to protect and grow your business with less uncertainty.

Effective Digital Marketing Strategy

Reach influencers key decision makers and the business leaders who will buy from your business

Enter code #DigitalGuru

Make BusinessRiskTV Your Digital Guru

We will become your secret weapon in the battle to win new business more profitably. Our digital guru services include writing copy in the right place for your business to attract new customers. Digital gurus will back up the copy with suitable photos images and video content. Get help to find new customers. Make people find your great products or services you offer. Help them understand why they should buy from you today.

Our digital gurus service will promote your business. We will use our websites and social media to reach as many consumers and business leaders as possible. Do it more cheaply so your marketing budget will go further. Grow you profit faster.

Inexpensive Marketing Ideas For Small Business Digital Gurus

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Digital marketing promotion and advertising tips advice and support. Use social media and online marketing in clever and interesting ways. Creatively and innovatively grow your business. Increase your profit sustainably.

Feature Are You Using Your Social Media To Best Effect On Your Business

Social media is relatively easy to setup. It is even easy to use. Why then do many many businesses not use their on social media accounts?

Social Media Consultancy Services

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If you use your own social media accounts better it can boost your business brand increase sales and cost effectively grow your business faster.

Risk Management Guru

Better protect and grow your business with less uncertainty.

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Will you suffer catastrophic loss to disruptive innovation or become a business disruptor yourself

Understand your future business threats and opportunities better with BusinessRiskTV

Protect yourself and benefit from innovation driven business growth

The 4th Industrial Revolution is upon us. For some it will be a plague but for others it’ll will be a feast.

Every day you can find multiple great ideas that could potentially disruptive the current way of doing things. My favourites at the moment are flying modes of transport that could easily replace vehicles that have to travel on roads and flying machines that briefly go to space to get to their destination quicker. They may seem like far off technological developments, but the technology works now.   Its flight rules and regulations that will hold them back to protect carmakers and airplane makers not technology risks.

Everyday new innovative ideas and products flood onto the market. For most it will be like Tomorrows World. The innovative ideas will not be sustainable. We want to work with people who want to take over the world in a good way!

Pull in our resources to make innovation-driven business growth more likely to succeed and maximise the return of your investment of time and money.

Innovative Growth Forum - Business Disruptors Tips Advice Support

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If you don’t have time to be innovators you may need to find time to protect against business market disruptors

Fatal existential business decisions are easy to see in hindsight. Foresight consultants can help you take steps to protect yourself from your own poor business decisions.

Anyone can take a wrong turn. If you’re lucky the decision may not be malignant. You might survive to fight another day. On the other hand.

Professional Risk Management Services

Pro Risk Manager Service

Your brand maybe vulnerable to others who have been thinking differently, or from changes to the marketplace. It may fail cause your performance ain’t good enough, or because your competitors change the rules of the game.

How you fail may not matter too much after you’ve failed. It will be too late to consider what you are doing wrong. Kodak didn’t want to change when they had to change to survive. They were making too much money from photographs to change to embrace digital photography. Market changes can kill the best businesses.

The best form of defence is often attack

Being more innovative or creative can be frightening. Picking the wrong horse in a paddock of new opportunities can be very costly. Innovation can also be exciting and highly rewarding.

How To Increase Sales More Sustainably In Business

We aim to make innovation for you more exciting and rewarding as well as reducing the uncertainties that accompany innovation and creativity. Disruptive innovators can draw on our tips advice and support to become more successful with more certainty.

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SME Business Question Time

Solve your business problems faster with BusinessRiskTV.com

Answering your workplace and business protection and growth questions

SME entrepreneurs and business leaders face many barriers to business resilience and sustainable business growth. Our business management experts help you overcome barriers to business success.

Find out for free how to protect your business better and grow it faster.

  • From SME finance to making SME borrowers more attractive to financers including banks.
  • Ask questions about your energy bills and tariffs and how to switch to a better deal.
  • Develop a new strategy for faster sustainable business growth in the UK and overseas.

Small and medium sized business owners and managers can find out business solutions to their problems for free on BusinessRiskTV SME Business Question Time workshops.

Get expert advice tips and support for your business in UK. Pick the brains of other business leaders to garner the secrets to their successful SME business project. We put the questions you really need answers for to business management experts so you can overcome barriers to your success more quickly without reinventing the wheel.

BusinessRiskTV Agony Uncle

No one person can answer all your questions relating to your business problems so we ask along specific industry or country risk experts to help your business address real-life issues restricting your success.

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Do you have a business or SME related query you need an answer for?

Get in touch and we’ll put together a panel of business experts to answer your questions for free. Complete the form below to set the questions we wil find answers to in coming Business Question Time Online Workshops.

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Assessing the local impact of global risk events

Keep up to date with latest global risks that could impact on your business objectives with BusinessRiskTV

How can business leaders inform knowledge about global risk events that could impact on business decision-making?

Register for business risk management reports and risk management newsletter. Want to understand how risk could impact on your business? Get the latest business risk management reports and risk analysis reviews from BusinessRiskTV.

BusinessRiskTV Global Risk Report

Understanding global risks is important for all business leaders. Identifying and assessing the global risks is not a once a year task.

  1. Existing risks will morph into bigger risks to your business
  2. Small smaller risks will combine to create an aggregate risk that could even threaten the survival of your business.
  3. Emerging risks not obvious at the time of the report, could subside and just be accepted or they could gather momentum and threaten business objectives.

In addition the risks that could threaten some businesses could present an opportunity for your business to grow faster but if you miss the start of the opportunity you could miss the boat entirely or fail to maximise the potential rewards from the opportunity.

Unlike other less dynamic reporting systems companies or entitys BusinessRiskTV will provide you with regular risk reports to help you manage enterprise risks more proactively to mitigate threats to your business better and seize new business development opportunities earlier.

In short, BusinessRiskTV is less about looking back and offering expert risk reports with hindsight and more about looking forward with more dynamic forecasts backed up with practical risk management solutions for both the upside and downside aspects to global risks as it affects your business wherever you are in the world.

Filtering the global risks noise for your business

BusinessRiskTT will reduce the effort required to identify what your business needs to do next after assessing the magnitude of the risk to your country or industry in easy to understand language.

  • Take proportionate action to mitigate threats to your business
  • Evaluate and act on potential opportunities
  • Better protection faster growth in 2018

Subscribe to BusinessRiskTV Global Risk Report Service today and enter code #GLOBALRISKREPORTSUBSCRIPTION.

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How do you assess risks in business?

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Global Risk Events, Risk News and Economic Opinions

10 August 2022 – Global economic growth will slow to 3.2% this year from 6.1% in 2021, the IMF predicts.

BusinessRiskTV Global Risk Report

Most Important Things To Know In Business Are What Are Your Biggest Problems Impacting On Business Objectives

Understand what your key threats and opportunities really are with BusinessRiskTV

Take The Courage To Embrace Potential Failure Of Business

You Control the Solutions to Your Business Problems: Exploring Creative Thinking and Problem Solving in Business

In the dynamic landscape of business, problems are inevitable. From operational inefficiencies to market challenges, businesses face a myriad of obstacles that require strategic thinking and effective problem-solving skills. The ability to identify, analyse, and resolve these issues is crucial for organisational success and growth. This article explores the significance of problem solving in the business realm, delving into the BusinessRiskTV model as a powerful tool for addressing challenges. Furthermore, it highlights the role of creative thinking in problem solving and provides three practical ways businesses can leverage creativity to overcome obstacles.

  1. Understanding the Solution to Business Problems
    Before diving into the solutions, it is essential to grasp the concept of business problems and their significance. Business problems can range from operational bottlenecks to strategic dilemmas, and their resolution plays a vital role in maintaining competitive advantage and ensuring sustainability. By identifying the root causes of problems and employing appropriate problem-solving techniques, businesses can create innovative solutions that drive progress and success.
  2. The BusinessRiskTV Model of Problem Solving
    The BusinessRiskTV model offers a structured approach to problem solving, enabling businesses to navigate challenges effectively. This model involves six key steps: problem identification, analysis, solution generation, evaluation, implementation, and review. By following these steps, organisations can systematically address problems, ensuring comprehensive and sustainable solutions. The model encourages a proactive mindset, emphasising the importance of continuous improvement and learning from past experiences.
  3. The Importance of Solving Business Problems
    Solving business problems holds numerous benefits for organisations. Firstly, it helps optimise operational efficiency by identifying and eliminating inefficiencies, reducing costs, and improving productivity. Secondly, problem solving enables businesses to adapt to changing market conditions, seize opportunities, and stay ahead of the competition. Furthermore, effective problem-solving fosters a culture of innovation, empowering employees to think critically and contribute to the organisation’s growth.
  4. Leveraging Creative Thinking in Problem Solving
    Creative thinking plays a crucial role in solving complex business problems. By encouraging fresh perspectives, challenging assumptions, and exploring unconventional solutions, businesses can unlock new possibilities and generate innovative ideas. This section explores three key ways in which organisations can utilise creative thinking:

a. Divergent Thinking: Encouraging brainstorming sessions and open discussions enables teams to generate a wide range of ideas. By embracing diversity and inclusivity, businesses can tap into the collective wisdom of their workforce and uncover unique solutions.

b. Design Thinking: This human-centered approach emphasises empathy, understanding, and collaboration. By immersing themselves in the customer’s perspective, businesses can develop innovative solutions that cater to their needs, preferences, and pain points.

c. Reverse Thinking: This approach involves challenging the status quo and flipping the problem on its head. By questioning assumptions and exploring alternative perspectives, businesses can discover fresh insights and uncover unconventional solutions.

What is the solution to the problem in the business? What is the McKinsey model of problem solving? Why is it important to solve business problems? What are 3 ways a business can use creative thinking to solve business problems?
What are business problems you may need to solve today?

Solving business problems is an imperative aspect of organisational success. By embracing the BusinessRiskTV model and incorporating creative thinking, businesses can take control of their challenges and pave the way for innovation and growth. The ability to identify problems, analyse their root causes, and generate effective solutions enables organisations to adapt to dynamic market conditions and gain a competitive edge. Moreover, by fostering a culture of creative thinking, businesses can unlock new perspectives and ideas, fueling continuous improvement and long-term success. Ultimately, the power to control the solutions to business problems lies within the organisation itself, and by leveraging their resources, knowledge, and creativity, businesses can overcome obstacles and thrive in an ever-evolving business landscape.

Then take action to reduce the risk of failure

What is achievable in your business?

Know with more certainty what your business could achieve if it makes some changes.

Understand Key Threats And Opportunities

Use risk management experts to help you make right choices

Once you know what your biggest business problems are you can identify how to best use limited business resources to reap the quickest gains to achieve greater business success more quickly.

Too often people in business at all levels of the organisation are working extremely hard. This can be a problem because they can burn out whilst solving problems that do not matter to the achievement of key business objectives. Solutions include employing more staff to work on the same minor business problems then business leaders wonder why they are spending more without any increase in business productivity and no business performance improvement.

Improving business performance requires better use of existing key business assets for a better return in your investment of time and money.

Develop the quality and capacity of your workforce to achieve more for themselves and the business

Training employees to help themselves will help your business achieve its objectives by overcoming the biggest business problems more easily with existing  resources.

Get Help To Grow Your Business

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What are your biggest business problems

If you can’t answer this question immediately, right now, then you are missing out on quick more profitable gains to easily make your business more successful.

If you can answer this question immediately and with near absolute certainty then you should be performing pretty efficiently already. If not why haven’t you taken steps to remove barriers to your greater business and personal success?

Develop a new business management strategy with a new decision making process designed to help you identify evaluate and manage your biggest business problems more cost-effectively. If you can’t tell us what your biggest problems are in a very short summary of the key information then you haven’t truly identified your biggest critical business problems impacting on your business objectives.

Strategy to compete with competitors

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You could develop a new business strategy for success that is less complicated, cheaper to implement and brings greatest rewards if you change your thinking about business management.

This could be a pivotal moment for your business

You either know exactly what you need to do today to change your business trajectory or you may need a little outside help. BusinessRiskTV can provide that help.   If you do not need help we wish you well for the future.   If you do need help get in touch below and tell us what you need help with.

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Business Risk Management Help Tips Advice Support

BusinessRiskTV Pragmatic Practical Business Solutions For Your Biggest Business Problems

Local Sourcing From Local Suppliers Near Me

Shorten your supply chain with BusinessRiskTV

How can business leaders reduce their supply chain risks and increase business resilience

Changing how you source products may need to change after the coronavirus pandemic.

What Is Our Local Sourcing Service All About

Its about connecting business leaders to local suppliers more easily

Find a local supplier
Local Suppliers Near Me Service

Local Suppliers Near Me

The benefits of local sourcing of business products and services are many and varied from environmental benefits to real cost savings to security of supply lines to flexibility of delivery.

In the UK it is more expensive to import goods and services from overseas due to around a 10 to 20 percent fall in the value of the pound against a basket of foreign currencies in the last 12 months. Where there may have been a substantial price difference between imports and domestic suppliers, this has mostly gone as can be witnessed by the fact that the UK is exporting more now that at any time since 1995.

BusinessRiskTV is championing local UK suppliers

We’re helping to connect UK companies with nearby local suppliers when business leaders source new products and services.

Stand out more from the crowd! Support UK businesses. Help promote local business growth by supporting your local business. Get real added benefit from new local suppliers and support them to help your own business needs.  Help new local suppliers to grow with you for a long-term business relationship.   Develop a more sustainable business model.

Sourcing products from around the world can lead to more cost and more business interruptions and less flexibility in meeting your customer needs.

Develop shorter local supply chains to build your business with more certainty. In a new Brexit world developing more local suppliers will guard against the negative impact of currency fluctuations.

Undertake thorough due diligence to ensure your new local suppliers are not going to increase the risks to your customers. Trust BusinessRiskTV to help you buy local next time.

Learn how to become one of our Local Suppliers by subscribing FREE to BusinessRiskTV

Learn how to become one of our Local Suppliers by subscribing FREE to BusinessRiskTV
Learn how to become one of our Local Suppliers by subscribing FREE to BusinessRiskTV

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Corporate Reputation Management

Protect and build your reputation with BusinessRiskTV

Why You Need To Protect Your Business Reputation

Protect your business better. Maintain business growth. Expand your reach. How badly have you acted in the past and how do you want to be viewed in future.What if you have not acted badly but have been accused of acting badly. How can you better protect your business reputation and business value.

Your greatest asset is the reputation of your business name or brand. Managing corporate reputation can seem easy, but it’s not always within your control. Sometimes damaging limitation needs is the best outcome. Take the best action to mitigate damage.

Rebuilding corporate reputations

First you have to stem the negative outflow of business value from your brand, then you can rebuild your reputational asset.

All levels of the organisation need to act appropriately at the right time to restart or repair reputation.

Reputation Resilience Forum

Work with reputation risk management experts and your peers to find new ways of protecting and building corporate reputations.

Join the free forum discussing the best reputation risk management headlines debate and risk analysis.

Watch and participate in live reputation risk management workshops debates and training

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Are You An Entrepreneur Or Business Leader Who Is Procrastinating Or Fearful Of The Future?

Making better business decisions with BusinessRiskTV

UK Business Growth Opportunities

Business leaders need confidence in their decision making and entrepreneurial thinking to find new business opportunities.

Positive Risk Management
Positive Risk Management

Look at the world through an improving business and economic environment.   The UK is strong and set to get stronger

Guide to being more successful entrepreneur or intrapreneur
Supporting Entrepreneurs and Intrapreneurs

Are You an entrepreneur of business leader who is procrastinating or fearful of the future

The UK has the skills and ability to be greater than it is right now

Don’t listen to the doom-mongers! The UK has more opportunities to grow faster than it has had in front of it for decades.   Don’t look back at today and think, “I wish I had seized the day”. The time for waiting is over. Today will be the past and your great historic past is for the making now!

Business Leaders Need To Cut Their Cloth Accordingly

Are there huge economic uncertainties just now?

Of course! When haven’t there been significant uncertainties for business?   However, should we wait before investing time and money in our future?   Absolutely not! This is the time for sowing the seeds of your future success.   Businesses in the UK have so many opportunities for growth.

Where are the growth opportunities ?

Well have you looked properly! They are there. Your competitors may have spotted them. Look and you shall find!

Too much noise and not enough action!

Everybody is busy, but being busy doesn’t mean to say you’re in the growth business. Are you working hard but standing still? Have you got the talent, the assets and the ambition but not the results you’d hoped for?

The UK was built on innovation and hard graft, but in the recent past, we’ve been grafting too much and not innovating enough. The UK’s business leaders need to think smarter, not just work harder.

I could do with some help here mate!

Talk is cheap! I hear you! However, talking with like minded innovators who want to move to the action phase quickly might produce new business growth for your company.

Do most business leaders want the same thing – growth? Presumably none want to down-size. Many are happy to stay the same, though few businesses can survive by staying the same.

Many of your peers are happy to share ways to overcome barriers to business survival and business growth. No one person knows it all and even if they did, what they learnt would soon be out of date. Unless you keep up to date with best practices and evolving methods of working, you are going backwards behind competitors.

Sometimes we need to be inspired by the actions of others

Olympic competitors are inspired by the achievements of other Olympians. They may be at the top of their game, but they can still be inspired by the success of their peers.

Balanced Enterprise Risk Perspective

Are you taking too little or too much risk?   Poor business performance can come from too much, or too little risk.

Getting access to the horse’s mouth

If you don’t know – ask for free! It is highly unlikely that your business problems are totally unique. They might be unusual and have a different impact on your business, but the solution to your business problems have almost certainly already been found at another business somewhere in the world.

It is important to get risk into the right perspective. If you don’t know enough about your enterprise risks, it is possible that you are being overly cautious.   Alternatively you might be acting (or not acting) recklessly, and are on the edge of catastrophic disaster, due to lack of risk knowledge. Are you deliberately not asking questions cause you might not like the answers?

Are you an entrepreneur or business leader who is procrastinating?

Become a Risk Management Online member to access enterprise risk management collaboration for faster business growth and better business protection.

10 Essential Habits to Nurture and Develop as an Entrepreneur

Becoming a successful entrepreneur requires more than just having a great business idea. It involves nurturing certain habits that can help you navigate the challenges and uncertainties of the entrepreneurial journey. In this article, we will explore ten essential habits that aspiring entrepreneurs should cultivate to foster personal and professional growth. By incorporating these habits into your daily routine, you can enhance your entrepreneurial mindset and increase your chances of success.

  1. Embrace Continuous Learning. One of the key habits for nurturing an entrepreneurial spirit is a commitment to continuous learning. Successful entrepreneurs understand that knowledge is power, and they never stop seeking opportunities to expand their expertise. They read books, attend seminars, listen to podcasts, and engage in online courses to stay updated with the latest industry trends and developments. By fostering a thirst for knowledge, you can make informed decisions, adapt to changing circumstances, and position yourself as an expert in your field.
  2. Cultivate Resilience. Entrepreneurship is a challenging endeavour, often marked by setbacks and failures. To navigate through these hurdles, it is crucial to cultivate resilience. Successful entrepreneurs view failures as learning opportunities and bounce back stronger. They develop a positive mindset, practice self-care, and surround themselves with a support network that encourages them during tough times. By embracing resilience, you can overcome obstacles, stay motivated, and persevere on your entrepreneurial journey.
  3. Foster Creativity. Creativity is at the heart of entrepreneurship. To nurture your entrepreneurial spirit, make creativity a daily habit. Allow yourself to think outside the box, challenge conventional wisdom, and explore new ideas. Engage in activities that stimulate your creativity, such as brainstorming sessions, mind mapping, or artistic endeavors. By fostering creativity, you can generate innovative solutions, differentiate yourself from competitors, and seize new opportunities.
  4. Practice Effective Time Management. Time management is crucial for entrepreneurs who juggle multiple responsibilities and tasks. Develop habits such as setting clear goals, prioritising tasks, and utilising productivity tools. Identify your most productive hours and allocate them to the most critical activities. Additionally, delegate tasks and outsource non-essential activities to free up your time for strategic decision-making and growth-oriented pursuits. Effective time management will enhance your productivity, reduce stress, and enable you to make the most of each day.
  5. Build a Strong Network. Successful entrepreneurs understand the power of networking and relationship building. Cultivate the habit of attending industry events, joining professional organisations, and actively engaging in online communities. Surround yourself with like-minded individuals, mentors, and potential partners. By building a strong network, you gain access to valuable resources, receive guidance from experienced entrepreneurs, and open doors to new opportunities.
  6. Develop Effective Communication Skills. Effective communication is vital for entrepreneurs, whether it’s pitching ideas to investors, collaborating with team members, or connecting with customers. Practice active listening, articulate your thoughts clearly, and develop strong interpersonal skills. Embrace different communication channels, including public speaking, writing, and digital platforms. By honing your communication skills, you can convey your vision persuasively, build strong relationships, and inspire others to support your entrepreneurial endeavors.
  7. Embody Adaptability. In today’s fast-paced business environment, adaptability is essential for entrepreneurial success. Develop the habit of embracing change, seeking feedback, and staying flexible in your approach. Be willing to pivot when necessary and adjust your strategies based on market trends and customer feedback. By embodying adaptability, you can stay ahead of the curve, seize emerging opportunities, and navigate through uncertain times with confidence.
  8. Prioritise Self-Reflection. Entrepreneurs often get caught up in the daily grind and neglect self-reflection. However, taking time to evaluate your progress and introspect is crucial for personal and professional growth. Cultivate the habit of journaling, meditation, or mindfulness practices. Reflect on your accomplishments, challenges, and areas for improvement. By prioritising self-reflection, you gain clarity, make better decisions, and develop a deeper understanding of yourself and your entrepreneurial journey.
  9. Embrace Risk-Taking. Entrepreneurship inherently involves taking risks. To nurture your entrepreneurial spirit, develop a habit of calculated risk-taking. Understand the potential rewards and consequences of each decision, conduct thorough research, and trust your instincts. Learn from failures, iterate, and adapt. By embracing calculated risk-taking, you can uncover new opportunities, gain a competitive edge, and propel your entrepreneurial ventures forward.
  10. Practice Resilience. Resilience is the ability to bounce back from setbacks and challenges. As an entrepreneur, it is crucial to develop resilience as a daily habit. Surround yourself with a supportive network, take care of your physical and mental well-being, and maintain a positive mindset. View failures as learning experiences, embrace challenges as opportunities for growth, and persevere in the face of adversity. By practicing resilience, you can overcome obstacles, maintain your focus, and ultimately achieve long-term success.

Nurturing an entrepreneurial spirit requires the cultivation of specific habits that foster personal growth, resilience, and adaptability. By embracing continuous learning, cultivating resilience, fostering creativity, practicing effective time management, building a strong network, developing effective communication skills, embodying adaptability, prioritising self-reflection, embracing risk-taking, and practicing resilience, you can enhance your entrepreneurial mindset and increase your chances of success. Incorporate these habits into your daily routine, and watch yourself grow into a successful and thriving entrepreneur.

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