fbpx

4 Things That May Be Holding Your Business Back

What’s Keeping Your Own Company Back?

Do you know what’s holding your business back? There’s no such thing as guaranteed success, but still, we’d hope that if our company wasn’t going to hit the heights we expected, then we could at least say we gave it our all.

And for the most part, that’s true, but sometimes, we’re guilty of doing things that keep our company back from moving onto the next level, and we’re not even fully aware of it.

holding your business back

Below, we take a look at a few common mistakes that companies often make. Release yourself from those shackles, and you might just see that success comes to your business more readily.

Sometimes we are guilty of doing things that keep our company back from moving onto the next level, and we’re not even fully aware of it. #businesstipsClick To Tweet

A Lack of Trust May Be Holding Your Business Back

You’re not able to grow a business on your own. Eventually, you’ll need to hire staff, and you’ll be excited to do so, because you’ll have an employee who frees up some of your time.

But it’s worth thinking about how you view your staff. If you see them just as someone to do your tasks for you, then you’re making waste of their capabilities.

A company works best not when there’s just one – your – ideas being brought to the fore, but when there is a melting pot of ideas. If you’re going to hire staff, then trust them to work effectively.

Recently I’ve hired a few freelancers to help me out here. It’s been wonderful to have new ideas for my clients posts and gives me more time to plan ahead. I could never have grown Inspire To Thrive without freelancers and the help of my techie, Mayura.

Delegating has been essential to Inspire To Thrive’s growth. Learning to trust and delete is foremost in not holding your business back today.

I could never have grown Inspire To Thrive without freelancers and the help of my techie, Mayura. #InspireToThriveClick To Tweet

 

Working Efficiently On Your Business

It would be nice to think that all you needed to do was set up an office, add some computers and staff, and the good work will eventually follow. While you might find success from time to time, the truth is that it’ll be based on luck.

In order to get the best out of your staff and organization, you need to be working efficiently. To improve your operations, take a look at this article, which looks at information management defined.

In so doing, you’ll be able to better manage and share all the information that your company has.

Recently I met a time management consultant named Margo of Wave Productivity. She truly inspired me to get organized and work smarter. (You may have to click on the video to listen to it on Facebook. Stay tuned for more to come!).

Taking On Too Much Is Keeping Your Business Back

There’s nothing wrong with having a lot of good ideas. But to try and put them all into practice is not smart, purely because by taking on too much, all you’ll be doing is making it difficult to do anything well.

Studies have shown that it’s much better to focus on doing one thing very well, rather than get too many projects underway. So stick to your core duties; it’ll push your company further forward than trying to do too much. This is one of the biggest reasons that could be keeping your company back.

With this in mind, learn to say NO to other things. Learning to say no has been huge for me this year as I went full time into my business.  

Learn to say no

With this in mind, learn to say no to other things. Learning to say no has been huge for me this year as I went full time into my business. #businesstipsClick To Tweet

Lack of Development Can Keep Your Business Behind

Your company is going to start in one position, but it shouldn’t stay there forever. As times change, you need to move your business along with them. A company that stands still only ends up behind the times. Be sure you have the professional tools you need to help grow your business.

Instead, look at gradually tweaking and improving your business as you move along. While you should keep most of your attention on the here and now, it’ll always pay to have one eye on what’s coming up ahead. You must be able to grow and change along with your industry and with your clients. 

For example when I first started with Inspire To Thrive, it was just a blog. It didn’t change until I had the vision to help my past print clients with their social media.

I saw that they didn’t have the time to learn and manage it. Then, I had to let go of my fear of letting go of my day job to make it all a reality.

A company that stands still only ends up behind the times. #businessClick To Tweet

In Conclusion on Holding Your Company Back

Finally, look at yourself. Are you held back by fear? It’s liberating to let it go in both a professional and personal way. It might just give you the freedom to launch your business forward! I learned a few times about getting over fears, you just have to do it. 

What is keeping  your business behind now? I’d love to know more in the comments below on how you are or are not holding your business back today!

Sign up for newsletter today

Lisa loves helping others to thrive online through Social Media, Blogging, and SEO. What good is knowledge if you cannot share it with others? She has 30+ years of experience in marketing/advertising with 9 years of experience in content marketing, social media, blogging, and SEO. Check out her latest eBook "How to Tweet and Thrive on Twitter" now on Amazon.

  • Lisa: Right now is a cold and a sore throat that is holding my business back. I will be back after I have recouped from my cold. I will be in touch with you, regarding an idea… 😉

    • Hi Martin, I do hope you are feeling better. As I say or rather as my mother used to say “You can’t do anything without your health.” Take care of yourself Martin!

  • Hii Lisa,

    Making the right decision is the very crucial point for the business. If one step goes wrong then the wrong consequence will be tolerable by the entire business. It may take time. But to hide from any delay, think it much before so that implementation doesn’t get too late.

    You have pointed out the right topics which are necessary for the business growth. Thanks for sharing.

    • Hi Shilpy, welcome to Inspire To Thrive. Oh yes, but I think making decisions rather quickly is critical today and always to have a plan b, a backup plan in place too. Oftentimes, many don’t many decision which in itself is a decision 🙂 You are most welcome. I appreciate your coming by with your input. Have a wonderful day Shilpy!

  • Ah Lisa I feel this post right now. Just had 4 flights and 23 hours of travel from NJ to Oman. I am not taking on more work than usual, but time feels so scarce. Meaning lots of release and surrender to move my business forward. Great points here.

    • Wow Ryan – did you get jetlag? I can’t imagine being on a plane for that long. I have to look at a map to see where you guys are. Looking forward to seeing more photos and learning about that area of the world from you. Oh yes, release is important.
      I know I need to put more time in my day to exercise as I’ve put on a few pounds sitting for too long here. It’s a major agenda for me starting today. (Plus I generate more ideas walking 🙂 Thanks for coming by Ryan and have a great day there!

  • Lisa,

    I’m trying to work on organizing my projects better and increasing productivity, too. I realized just recently that I’m always working on several projects at the same time. I thought it was a good thing, keeping work interesting and me from getting too sunk into a single piece in overwhelm.

    But, now I’m rethinking things and wondering if I should try to minimize projects in the works with an emphasis on completing each before moving to the next one. Having so many things going at once may in fact be more overwhelming and, I’m thinking it’s hurting not helping productivity!! Geez.

    So much to do, so little time…

    And, I’m terrible at living, working, or writing on any schedule!!! It’s time. I need to try to fix that and actually keep some kind of regular pattern going for the good of my digital progress!

    Best wishes, Lisa, as you take your game even higher in the New Year!!!! Take care, Sue-Ann

  • Lisa you got me on the point on taking on too much. I have written a couple of time on Focus and building Multiple Streams of Income. People used to not know how to build an MSI while focusing on one business.

    The idea is to focus on one, grow it to a point of stability before attacking another. Except you have enough resources to deploy on different ideas at a time, one should focus and develop different businesses in a serial trend.

    Trying to carry them up in parallels will delay growth and sometimes lead to a complete breakdown.

    Nice stuff this Monday morning Lisa and thanks for making it awesome

    • Hi Enstine, oh yes I’ve been guilty of that too Enstine. I’m trying to change that. Luckily I’ve always thrived on working on multiple things at once but about 3, after that point I can understand the breakdown.
      One day I was online and totally didn’t know what I was doing! Imagine? Now I’m more organized and I love checking things off as I do them. Thanks for coming by on this one Enstine. Have a great rest of your week there!

  • Site Footer

    >