7 New Year’s Resolutions to make Yourself and your Company Grow

Company Grow

Personal and professional growth is not always about earning more money, profit, and amassing huge real estate. For some people, it may be growing their team by adding on more UI/UX designers, while for some, it may be synonymous with opening a new branch office. You may not know how small businesses even survive the onslaught by the giants in the industry.

A healthy work-life balance is what most of us look forward to. 2020 is just around the corner, and in the new year, we all try to make some resolutions and adhere to it. If you want to grow your interpersonal skills and also give your company’s sales process an overhaul, you don’t have to choose between both of them. Follow the seven New Year’s resolutions I have compiled for you to get a head start in your personal and professional life.

  1. Be Leaner in your Approach

Once the holiday shopping season is over, retail operations will see a drastic decline. That’s where companies need to think seriously about cutting back either on the number of employees, hours of operation, or both. The cost associated with operating any business or keeping many employees is very high and likely to escalate in the coming few days. So, you need to be on your toes to find an efficient way to remain profitable.

  1. Don’t Overwork

Working 14 hours a day can get to your goal. This is what you must have heard scores of times as people like Elon Musk and Jeff Bezos work in this manner. But what about work-life balance? If you will work 12-16 hours a day and even on Saturdays too, you will get exhausted by the day’s end. And for your employees, the same rules apply. Don’t make them work long hours while you rest peacefully in your home. Instead, opt for flexible working hours for all the employees with a maximum of 6-hour shifts.

Imagine a scenario in which you are leaving for vacations but want to manage the tasks assigned to you. A tool for creating recursive tasks like TaskQue can be your savior here, which can auto create a task for you with an exact date and time. You can also maintain all of your To-Do lists in a simple interface and easily convert them into a task with 2 simple clicks!
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3. Frequently Engage With Your Team

As the owner of a small business, one must look to improve two-way communication with every employee. So, not just a performance review after every quarter or six months will be enough to motivate them. Get in constant touch with them and talk to them regularly. A polite inquiry about their work, personal lives, and families will be enough to motivate them as this small gesture will make them feel that they’re an important part of the family.

Long working hours can be punishing for employees. Enough motivation for them can be a good ploy as all of them look for ways concerning how to be productive. And you never know by talking to one of your employees, you may come across the next great idea for expanding or enhancing your business.

Related Read: 4 Elements that Drive Employee Motivation & Improve Retention

  1. Develop a Great Online Presence

Even if you have invested a lot of time and effort in perfecting your portal, checking it for updates related to content and other design aspects will be beneficial for you. Nowadays, you can’t get the attention of anyone browsing your website. Offer them facilities like online order, and free home delivery as many websites charge you for the shipment. Enhance their experience by streamlining your operations and always be on the lookout for what you can do more to lure your target audience. But exactly how?

To attract new customers, promoting your products online through your website and attractively present them must be your priority. Make a New Year’s resolution about hiring a marketing expert that can take your business to dizzying heights. Start with a low budget and increase it as you start getting orders, and your profit margin increases.

  1. Learn to Delegate More

Running a small business is no mean achievement, as it is easy to get distracted. While focusing on tasks, every other job looks important and that makes us lose the focus on things that really matter. The use of a task management tool like TaskQue can keep these trivial tasks at bay while you work on mission-critical tasks.

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If you feel tired and burned out, try to delegate lesser critical tasks to others. Let someone else do them for you. But make sure that you have selected a person who is dependable in scenarios like this. This is one resolution that will be great for you in achieving a great work-life balance.

  1. Help your Community

Make a difference in your community by helping the ones badly in need of support. Giving back to the society from which you have benefited in the past is how you can make people grow. And if you are not doing well in your business, maybe someone else will come to your rescue. So, make this one of your top New Year’s resolutions to help others and give what you can, and you may get something back when you desperately need it.

  1. Seek a Mentor and Become one

The role of an experienced mentor for a small business can be termed as a game-changing one. You may be wondering how you can become a mentor as you are just starting your career in the form of a small business. You can begin serving on a committee, as a volunteer and earn experience as to how to become a mentor. It’s not like you can start advising people so that they can make millions. What you can do is mentor a person in choosing a career or skills he might need to master for bootstrapping a particular business.

If you have just started, look for a mentor for your business. Find someone whose personality is in stark different from you. You may get uncomfortable working with him, but you will get new perspectives from him that will help you in expanding your business.

Related Read: 5 Essential Qualities That Takes A Manager From Goodness To Greatness

Final Word

We all know that it is tough to keep up with the resolutions. And when it comes to our professional lives and careers, few people can follow and succeed in their goals they have set for themselves or their businesses. Make realistic resolutions so that you feel that you have a real shot at achieving your goals. In this manner, you’ll have more energy to put into your business and enjoy the success you deserve.

If you want to offer your valuable feedback for this blog or have a question in mind, feel free to speak out. Please use the comments section below in this concern.