The Secret Recipe to a Successful Small Business
Ever wonder if there is a common thread amongst successful business people, and small business owners that make them successful?
It’s common to think that really successful people must know something the rest of us don’t, that they have some business secret that has given them such success, right?
Jenna Jantsch, who works with VerticalResponse, was asking herself those same questions when she decided to interview three very successful business owners and see if they would divulge their “secret recipe”. Their responses were interesting, and should be quite telling for anyone who thinks to be successful you need to have some insider information that only a few are lucky enough to possess.
By: Jenna Jantsch
I work for VerticalResponse, a self-service direct marketing firm geared towards small businesses, you can just imagine the variety of businesses I encounter on any given day. But it never seems to matter if it is a salon, chocolate shop, marketing firm, film studio or a pizza parlor I am always blown away by the owner’s optimism, creativity and determination. After pondering these three ingredients for sometime I decided I needed to find out what the prefect receipt was for creating a successful small business. I asked three of the most successful small business owners how they took that leap of faith you need to start a small business. What qualifies these three to be some of the most successful small business owners? That’s easy, they love what they do and they can make enough to support themselves doing it. John Jantsch, a marketing and digital technology coach and author of ‘Duct Tape Marketing – The World’s Most Practical Small Business Marketing Guide’ said,
It was the fact that I knew everything would work out – win or lose everything happens for a reason. That is something my parents thought me and I bring that with me in everything I do. John Jantsch – Duct Tape Marketing
Something all small business owners need is optimism. Optimism allows you to try new things and believe that it will work out. It allows you to trust your employees during the times you have to put your business, also known as your life, in their hands. It permits you to make mistakes while understanding that you can learn and grow from them. Connie Hanrahan, owner of The Mantooth Company, a marketing and event planning company said,
I sent out a direct mail piece to all of my contacts asking what I should do next. I had an overwhelming response that said to start my own marketing firm. It was good to listen to others which just fueled my initial gut thought that I could do this. Connie Hanrahan – Owner, The Mantooth Company
Creativity is what makes your next big idea different than the any other. Let the creativity flow, allow yourself to be inspired by keeping your eyes open. Being one of a kind is never a bad thing when it comes to your small business. And Janine Popick, CEO of VerticalResponse, a self-service direct marketing firm said,
Starting a business and taking on responsibility for others will always keep you up for some portion of the night. That’s what keeps you going and makes you successful – you don’t want to let anyone down. Janine Popic – CEO, VerticalResponse
Having determination when starting your own small business is a must. Anyone who has done it knows there are sleepless nights and long hours in the beginning. Believing in yourself and knowing that you have a strong product will take you leaps and bounds farther than your competition. Optimism, creativity and determination are the three ingredients that I believe could make your next big idea into a thriving small business, even in this economy. In addition to an explanation of the three most important ingredients I was also reminded that you must never be scared to try. Succeed or fail jumping in is always the best way to go.
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This is great. I always enjoy hearing from folks who have “been there”. There’s a lot of motivation for sticking with things and not wanting everything all at once.
Once again, a visit here has paid off with great info.
Cheers!
George
I think you were right with your fist statement – “they love what they do and they can make enough to support themselves doing it.” I can tell you (from experience) that it is extremely difficult to get up in the morning when you are doing something you are not crazy about.
I think that the most important in starting your own business is motivation. People writes here about passion. But in my opinion you don’t need to like your work. It works for me the fact that I know I have cash from what I am doing and I can spend it to realize my real passions like treveling to different countries.
Wiktor @ gry planszowe´s last blog ..Wilki i Owce
Some of these comments people are saying here on this issue really seem to make me look at this in a whole new way. I do enjoy the responses though.
This page appears to recieve a large ammount of visitors. How do you advertise it? It gives a nice unique spin on things. I guess having something authentic or substantial to give info on is the most important factor.
They say that on average successful business people have failed 4.5 business before they succeed.
Well I’m on my fifth, so maybe fifth time lucky!?
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sounds great.thanks for your kindly share with us.
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I think that there is no secret recipe for a successful small business but the only way to succeed is to love what you are doing in that way you have the motivation required to work with enthusiasm and creativity
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