create startup success with these top difference-makers

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Post on 01-Jul-2015

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Small Business & Entrepreneurship


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Competition among Canadian small businesses is fierce. Here are the top difference-makers so your business will survive and thrive.

TRANSCRIPT

  • 1. Small Business is Huge inCanada and IntenseEach YearCanadians create99,000 smallbusinessesCanadians lose89,000 smallbusinessesOnly 10% ofCanadian smallbusinesses survive

2. Seize Opportunity and be aLittle LuckySometimes the best ideascome from trial and error.National Leasing was one ofmany businesses within theMegill Stephenson Company. Itwas the most successful so weran with it.Find your most successful ideaand do the same. 3. Step out of Your Comfort ZoneDont fear risk; manage it 4. Step out of Your Comfort ZoneUtilize or invest in new technologyExpand your businessConstantly strivefor innovationLend an ear to hearthe crazy ideas 5. Build a Strong Corporate Cultureand Empower your EmployeesEstablish values and commit at the leadership levelProvide a comfortable environmentMeasure your employees feedback and adjustaccordinglyImplement employee ideasTrain managers to take an active role in employeescareer planning ambitions 6. Why is Corporate Culture Important?Employee EngagementBusiness-booming Ideas 7. Set Lofty Performance StandardsResearch competition and find your nicheSet goals to keep yourself accountableBe the best at one thing inyour industryAvoid complacency andimprove inefficiencies 8. Adapt on the FlyMeasure your performanceJump onmarket trendsInvent your own solutions;its the best way to solveyour unique problems 9. Final LessonsSeize opportunity: you must followa lot of rainbows before you findthat pot of goldDont lose your entrepreneurialspirit and ability to innovateDont fear risk; instead, manage it 10. Visit nationalleasing.com/blog for moreinformation to boost your small business