No one is busier than a business owner. Everything from inventory to product development and employee pay is your responsibility, which means it’s easy to get to the end of the day and find out you have run out of time.
Because there’s so much to do, it is easy to let some of that other stuff fall off your to-do list. Although they may not seem as important as other matters, they will prove to be important over time. That’s why it’s a good idea that you make time for these five things that shouldn’t be ignored.
Foster a Relationship With an Attorney
It’s important to speak with an attorney when forming your business, but don’t let their business card collect dust after you choose your business structure and open your doors. It’s a good idea to foster a positive relationship with your attorney over time.
Being friendly and comfortable with an attorney means you will be more likely to reach out to them for advice when you need it. They can provide you and your employees with resources, and if a case is ever brought against you, knowing you and your business is one of the best ways to help an attorney build your case.
Fostering a relationship with your attorney doesn’t mean you have to take them to dinner every week. Checking in over email at least once or twice a year is enough!
Get Close to Your Financial Planner
Not only should you get close to your attorney, you should also get close to your financial planner. A financial planner can help you make sure you’re managing your personal money well, but they can also make sure you’re managing your business finances well. Even more important, they can take a big picture look at your overall finances by considering your personal and professional finances at the same time.
While you’re at it, you should make time to really get to know all areas of your finances, which means getting to know those who manage it. That might mean getting to know someone in HR, an investor, and your CPA.
Really Listen To Your Employees
In the hustle and bustle of everyday life, it’s easy to leave your employees to their own devices. After all, if you have hired the right people, you shouldn’t have to hold their hand as they complete their work!
Even if you have a fully capable team, it’s still important to ask for employee input. More importantly, you should listen when they bring up concerns. Even if they seem off base, it’s still important to consider why those concerns are coming up and what you might be able to do to fix the problem. When you really listen to your employees, they will give their all every day, ultimately increasing your success.
Really Listen To Your Customers
Not only do you have to make time to listen to your employees, you should also take time to listen to your customers.
It’s easy to lose touch with your customers and simply consider how much of your product or service they buy as the best indicator of whether you have something they really want. Don’t make that mistake!
Reach out to your best customers and ask them how they feel about your product or service and what they would like to see next. You may discover something that seems obvious to them that you never considered. Not to mention, you’ll create more loyal customers when you take the time to listen to them regularly.
Make Time for You!
It’s easy for your business to take over your life. Before you know it, you’re getting up early to answer emails, spending your day accomplishing tasks in the office, and coming home to review paperwork. Although running a business does take a level of dedication other types of jobs do not, it shouldn’t stand in the way of making sure you take time for yourself.
A few quick ways you can make time for yourself as an entrepreneur include:
- Take a deep breath if you need a minute
- Try and exercise a few days a week
- Take a walk outside
- Craft the perfect workspace
- Reward yourself with something when your hard work pays off
Running a business takes a lot of time and dedication. Just make sure important things don’t fall through the cracks! When you foster relationships with important people, including yourself, you’re more likely to experience success in the long run.