It is thrilling to learn new ways to run your business. People who are not entrepreneurs often think owning a business is easy. Those on the outside think entrepreneurs have it easy because they do not have to learn new things or do a lot of reading, writing and school work. However, for most successful entrepreneurs, these notions could not be further from the truth.
If you want to be a successful entrepreneur, it is important to remember A – B- L. In other words, Always Be Learning. No matter what type of business you have and no matter what industry you serve, there is always something to learn. New players come into the market. Technology creates new opportunities and at the same time makes certain practices no longer useful. Successful entrepreneurs pay attention to things going on that have an impact on their businesses. You must look for opportunities to learn something new.
In the mortgage industry, for example, once upon a time all documents were sent by mail for signature. Now these documents can be emailed or electronically signed. Devices like laptops, tablets, and smartphone have had a great impact on how business gets done. The internet has made it possible for entrepreneurs to take classes and study a myriad of things right from their places of business.
It is important to actively seek out ways to learn things that will help run your business better. The world of business is made of people who either lead, follow or get left behind. Entrepreneurs who actively look for learning opportunities are more likely to lead and be successful.
There are a few things that almost all entrepreneurs should learn about. These include:
- Federal taxation
- Local and state taxation
- Rules regarding the treatment of employees
- Industry specific licensing requirements
Almost everyone has heard the expression, “teamwork makes the dream work.” The expression, “school work makes the money work,” should become familiar to entrepreneurs. A good way to make learning an ongoing part of business operations is to keep a list of things you would like to learn for business purposes and check items off as you learn them. Another good idea is to make it a habit to learn something new every September and January the time college semesters typically start. No matter what method you use, take time to make learning something new a regular part of your business operations.
[ Tweet: “When it comes entrepreneurs, school works makes the money work so Always Be Learning”]
In conclusion, it is thrilling to learn new ways to run your business. So, the question for you this thrilling day is, what would you like to learn to help you run your business better?
Want to learn more? Here are a few books to get you started. These books are affiliate links. This means I may earn money if you purchase a book using one of the links listed here.
ABL I modified that from ABC Always Be Closing from the movie Glen Gary Glen Ross. I am a book freak so I take any excuse to read and learn something new. Since my business is small I have to try to work smarter and not just harder!
YES! Love that ABL …. always be learning is another great acronym … there also can be tools out there that could make your life easier when it comes to your business but you’d never know because you didn’t commit to learning …. It is true entrepreneurs are always learning that is why they get as far as they do!
Katy, thank you for your kind words. I try to learn something new everyday. I tell my kids and myself, “you can learn something new every day if you try.”
The time management is so crucial to the success of everything else. My son is in middle school and they are teaching it to him already. I am glad to help him with that so it will be a lifelong skill.
Yes, it is incredible how much we have to know as small business owners. The tax regulations – federal state and local are a bear.
Yes! That is one of the best lessons we learn – ask for help. We don’t have to reinvent the wheel, we can just drive the car!
Congratulations on the start of your new business!
There is always so much to learn. It seems I always have a book (e-Reader) in my hand.
I think the key to so much success in all areas of life is to keep learning! That’s where we get the chance to truly better ourselves and become better at our craft. Great post. – Katy
Always be learning is a great outlook. Right now I’d love to learn how to manage my time better.
As a small business owner sometimes I think keeping up with tax regulations is a full time job. i wish they made it easier for the little guys
Great points! I learn something everyday! I am not that tech savvy and everything I have learned has (mostly) been on my own. I have just now realized that it is okay to ask for help—lol!
As an entrepreneur, I feel as if I am always learning. This for this post.
I’m starting a new business so I’m always willing to learn.
Great advice! I am always trying to learn more
As I am trying to start a business all of this information is very helpful. I’m starting from the ground up so I have a lot to learn.
Always be learning is a great way to run a business. I am consistently learning about new trends, social media sites, and photography tips.
It is thrilling for me to learn new ways to run my business. Thanks so much for this post. I always love your opening quotes.
These are some really great tips on running a business. Thanks for the info. It will go to good use when I go back into business again!
I find that I get easily distracted since I am making the rules, as I am the only employee…
These are all great tips! Thanks for sharing.
Great pointers. It’s always great to learn new ways especially if what your doing is not working.
I love that quote!! It is SO true!!
Great tips!!
This is great advice. Owning your own business definitely as easy as one may think!
Easy software to use for accounting!
For me it would just be to find the motivation to do stuff and not procrastinate so much.