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Interview Patty

3 Ways to Catapult Your Business Success

Business Consulting for Women Entrepreneurs in Houston

1. Find your niche market and grow there. Whatever industry you are in, it’s absolutely vital that you find your niche market and then develop a laser like focus to direct all of your time and energy in servicing that space. When Dick and Mark started City Capital, they admit that they didn’t have a concise business plan, but the one thing that they did know was their niche market of middle-market companies and how they were going to bring extreme value there. You may be tempted to explore different, more potentially lucrative markets such as larger companies in City Capital’s case, but don’t give in. The leading companies that are dominating their markets make it a major priority to find their niche and then operate solely within the confines of that space.

2. Relationships matter most. Co-founder and Managing Director, Dick King said, “We knew from the beginning that the one way we were going to differentiate ourselves was to build thriving business referral relationships. Everything in our business revolves around people and relationships, and that is one key area that we take very serious.” I personally talk a lot about the importance of relationships, and when analyzing and digging beneath the surface to see what truly makes City Capital stand out from the rest of the competition, it’s clear to see the strength of their professional relationships is at the top of the list.

3. Create a culture where everyone feels important. Culture is and will forever always be a critical component in determining the health and success of any organization. The best organizations all the way from Fortune 500 companies down to small family-owned businesses with five employees create a culture where everyone feels important and wants to do everything possible to carry out the organization’s overall mission. When discussing culture, Mark Timmerman said, “We wanted to create a culture where not only everyone feels important, but is also part of a tangible contributing factor to the future of our success.” One of the ways that City Capital has created this culture is to not appoint a CEO. Even though Dick King and Mark Timmerman founded City Capital, they pride themselves in having developed a culture where other senior team members don’t view them as bosses.

Source: Entrepreneur

Patty Block, President and Founder of The Block Group, established her company to advocate for women-owned businesses, helping them position their companies for strategic growth. Charting the course for impactful, sustainable, profitable businesses, the beacon is control: of your strategic direction, your money, your time, your staffing, and your ability to bring in business. The Block Group brings together the people, resources and ideas that build results.

Business Consulting for Women Entrepreneurs in Houston.

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