Thursday, April 30, 2009

Ben Franklin on Driving

"Drive thy business or it will drive thee”. Ben Franklin

Wisdom is timeless. Ben Franklin touches upon an enormous problem many small business owners face: being a slave to your business.

I am a firm believer in spending as much time as humanly possible in your business during the first year of operation. But don’t fall into the trap of taking on all your business’ tasks because you feel that you do the job best. This situation is like entrepreneurial quicksand. The harder you work, the harder it is to get out.


It is imperative that you outsource and train employees to take over any task that is not of major importance. This will help accelerate the growth of your business. Once you’ve become established, you can then grow your business by doing tasks that increase existing sales and bring in new customers. Below is a list of suggestions to help you outsource and delegate more tasks to employees:

  • Train your employees thoroughly using a training guide.
  • Make checklists for your workers to fill out during their shifts. Individuals on shifts with multiple employees should initial checklists instead of just checking off tasks. This forces your employees to take personal responsibility for incomplete tasks.
  • Do extremely important tasks yourself. Delegate and check on moderately important tasks. Delegate menial jobs.
  • Keep a suggestion and complaint box in stores. Your customers will let you know quickly if your employees are not doing a good job.
  • Hire a bookkeeper and accountant if you can afford to.
  • Screen sales calls and have your employees take detailed messages.
  • Give your most reliable employees management roles.
  • Hire trustworthy and personable employees.
  • Give out your cell phone number to potential and important customers. This allows you to be away from your business and still receive important calls.
  • Use email and text communication for trivial issues.
  • Use your website as a resource and sales tool. Answer frequently asked questions.
Take personal responsibility for growing your own business. Analyze your business on a regular basis. Can you develop more outside sales? Do you network in your community? Are you developing relationships that can lead to future sales? Is your web site up to date? Business success starts with you taking control of your own destiny. Do something extraordinary today.

15 comments:

  1. Hi Mark,

    Some timeless advice here for business owners!

    I totally agree with all you have said and would add that you need to have a plan in place so as to provide you with an exit strategy or way for you to be able to transition from working IN your business to working ON your business

    Duane

    Super-ADVANCED Influence & Persuasion Training Proven to Quickly Create a Flood of Money
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  2. Can you imagine Ben Franklin tooling around in a Porsche? I picture him better driving a mail truck...

    You are right, either we drive the business or it drives us. Small businesses have little wiggle room in the early stages and need to focus on profit generating activities...

    Seize the Day,

    Rob
    Sales Expert For Small Business OwnersPersonal Asset Protection For Small Business Owners

    ReplyDelete
  3. Mark,

    Yes, it's important to work ON your business rather
    than work IN the business.

    >
    This situation is like entrepreneurial quicksand. The harder you work, the harder it is to get out.
    >

    I like this statement. How true!

    John Ho
    Numerology Expert Helps Understanding Personalities for Better Influence & Persuasion (WordPress Blog)
    Numerology Expert Helps Understanding Personalities for Better Influence & Persuasion (Money Page)

    ReplyDelete
  4. Excellent reminders for the first few crucial years of a business. Build a strong foundation, including documenting (Manual) the processes that work so you can MULTIPLY yourself. Create your own leverage.

    In marriage, the first few years are crucial as well, that we build a strong foundation of intimacy and great communication, negotiating and renegotiating with change to live a lifetime together.

    Best regards,

    April Braswell

    Dating Quick Start Expert, Relationship Success CoachDivorce Support and Bereavement Support seminar, Henderson, Las Vegas

    ReplyDelete
  5. Mark,

    Ben was a very wise man.
    So are you. I love all the advice I've recieved from you over the past several weeks.
    Lynn Lane
    Success Strategies For Life
    Success Today

    ReplyDelete
  6. Excellent advice for business owners. Too many understimate the power of thorough staff training and of checklists (my favorite - to get consistency and accountability).

    All the best,
    Yann
    How to Get Organized, Stop Procrastinating, and Set Goals for Small Business Successx

    ReplyDelete
  7. I find it really difficult to step away sometimes.

    Thanks for the timeless advice.

    JJ Jalopy.
    Life Coaching Business Expert JJ Jalopy How to become a lifecoach

    ReplyDelete
  8. An excellent and applicable quote -- I enjoyed your post
    Sue Crutcher, Baby Steps to Success Expert

    ReplyDelete
  9. I imaging that at first it is hard to step away, but like you said, if you don't then it will get harder and harder. I believe quicksand was the term you used.

    Anthony
    Achieve the Inner Balance of a Zen Monk

    ReplyDelete
  10. Mark,

    Good advice as always. My father was always business first kind of guy, sacrificing all. When he retired, I think he realized he'd crawled way out on that limb-and sawed it off behind him.

    Thanks
    JC
    JCMACKENZIE.COMButterfly Marketing

    ReplyDelete
  11. My sister made an error in this area. She got others to do the work for her when she opened her business, but not so she could work on the business, so she could train for a 250 mile bike ride. This was a wonderful thing for her to do for charity, but I think it was a major contributing factor in her business going under within a year.

    Lisa McLellan, Babysitting Services - Babysitters, Nannies, and Au-pairs

    ReplyDelete
  12. The Ben Franklin business bulding plan....
    can't go wrong with Ben. I think you should name an ice cream after him. (Franklin mint)
    sorry i'm getting punchy after all that coffee you told me to drink!


    Don Shepherd

    Fishing Central Oregon

    ReplyDelete
  13. This post highlights the potential pitfalla and dangers of being in business!!! Thanks alot

    ReplyDelete