What Skills are Important for Business Building?

There are lots of business owners and managers who are quite knowledgeable; however, competent business owners are much, much rarer. Yet it is the competent business owner who succeeds in building successful businesses.

As a business owner – or manager, you and your company make no money for simply knowing. You make money and build your business by getting the right things done.

Just how to decide what are the right things and how to get them done will be the primary focus of the next instalment in this series on the competent business owner and manager Profit Notes.

By highlighting both “WHAT TO DO” and “HOW TO DO IT” you’ll learn (if you follow my lead and spend the few minutes each day these posts require) what you do well, what you need to improve on, what you are currently doing poorly and shouldn’t be doing at all.

You’ll learn where you belong in your business, your niche and your market.

Your first assignment:

1) Take out a sheet of paper or open up a blank mind map.

2) Spend 3 minutes brainstorming what you believe are the skill-sets an entrepreneur must have to be effective.

3) Take 1 minute and rate your current level of performance in these areas.

4) Spend 30 seconds highlighting the areas you believe are your biggest roadblocks to success.

5) Take 2 minutes to answer this questions “What could you do today (realistically) to be more effective?”

(6) Do the one thing you just decided would make you more effective today.

That’s it for now, in the next post I’ll tell you what I believe are the 5 skills every business owner and manager must develop to maximise their competence and truly be a Strategic Owner Manager.

But for today, make sure to do one thing new or different that you believe will make you more effective.