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Interview Patty

3. - Remember that people work for people, not companies.

049-3-Remember-that-people-work7 Tips to Successfully Grow Your Business

It is rare when a business can successfully operate and grow without talented people. In fact, we often talk about our people being the only asset we have to sell and we are always looking for ways to improve our culture, our benefits, and the reasons why employees would want to keep working for us. I believe that many companies forget that true loyalty comes when employees believe that the organization and its leadership team care about them personally and professionally. This ultimately results in long-tenured employees, which has a very real and direct effect on company growth.

Read the full article at: http://www.inc.com/michael-olguin/7-tips-to-successfully-grow-your-business.html

7. - Never sacrifice quality.

046-7-Never-sacrifice-qualit7 must-know tips from successful entrepreneurs

"The key to the success of any business is to establish a philosophy and have everyone in the business buy into it," says Larry Sweet, founder and president of Save-A-Load Inc. The company manufacturers load bars for truckers and delivery companies for the cargo area to hold items in place during transport. Sweet's philosophy of putting quality first has resulted in double-digit revenue growth since the company's founding in 1993. The manufacturer stands behind its product quality by providing a lifetime warranty and relying on UPS to deliver its best-in-class product to customers worldwide. - See more at:

Read the full article at: http://compass.ups.com/7-tips-from-successful-entrepreneurs/

2. - Stay focused on the prize.

048-2-Stay-focused-on-the-prize7 Tips to Successfully Grow Your Business

We have always tried to be very strategic in our approach to growth. We set three year business plans, track against those plans, and modify them when necessary. I believe that if you don't set goals you have no way of measuring yourself, your team and your company against some pre-determined objectives. When everyone understands in a very crystal clear way what the overall goals of the organization are, it allows everyone to rally together and take pride in successfully accomplishing them.

Read the full article at: http://www.inc.com/michael-olguin/7-tips-to-successfully-grow-your-business.html

6. - Rely on people smarter than you.

045-6-Rely-on-people-smarter-than-you7 must-know tips from successful entrepreneurs

You can't know and do everything. You must rely on others. "Surround yourself with people who know more than you do," King advises. "I was a schoolteacher [prior to going into business] and there were a lot of things I had to learn," she recalls. To fill in the gap, King selected vendors or has hired people who had the knowledge or skills she lacked.

Read the full article at: http://compass.ups.com/7-tips-from-successful-entrepreneurs/

1. - Know what you do and what you don't do.

047-1-Know-what-you-do-and-what-you-dont-do7 Tips to Successfully Grow Your Business

Some of the best advice I learned early on was don't try to be all things to all people, because it typically means you are not very good at any one thing. As such, I believe that it is a mistake to take on far-reaching service offerings, develop products outside your comfort zone or expand outside of your target markets just to make a few extra bucks. When you do that, you jeopardize your true strength to focus on what you may not be successful at and create undo pressures for your team, your budgets, and your company as a whole.

Read the full article at: http://www.inc.com/michael-olguin/7-tips-to-successfully-grow-your-business.html

5. - Quickly learn from your mistakes.

044-5-Quickly-learn-from-your-mistakes7 must-know tips from successful entrepreneurs

Mistakes are inevitable. The key is to learn from them – fast. A decade ago during the holidays, SeaBear outsourced its call center. Customer orders were soon riddled with errors. "When a customer had a need outside the norm, the call center couldn't handle it with the customer care our own professionals could," Mondello recalls. The solution? SeaBear immediately stopped outsourcing and personally contacted all the customers who were negatively affected. Also, the company has learned to test any new process during a quiet time of the year.

Read the full article at: http://compass.ups.com/7-tips-from-successful-entrepreneurs/

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