THE REASONS BUSINESSES GET STAGNATED

### MAJOR REASONS WHY BUSINESSES STAY SMALL  ### REASONS TO CONSIDER *** 1 Not putting yourself out there 2 Not knowing where you want to go 3 Wasting time on trivial tasks 4 Fear based pricing 5 Working yourself to death 6 Incorrect amount of risk  ### IN DETAILS *** *** ### 1 NOT PUTTING YOURSELF OUT THERE Some entrepreneurs are out the confined to their business centers without necessarily going out to talk to ideal customers about what they stand to gain by patronizing their goods. As an entrepreneur, do well to advertise your goods on so many market avenues. Make use of social media platforms, create a portfolio and market your goods there. Ensure to showcase your testimonials to the ideal clients.  ### 2 NOT KNOWING WHERE YOU WANT TO GO Entrepreneurs should have vision about the future of their businesses, not just running day to day affairs alone. You need to visualize where you’ll be in the next few months. Get a vision for your business and make plans to actualize it. Get the picture of what you desire very clear and follow it strictly. Do well to write down the vision and map out plans to get the vision actualized.  ### 3 WASTING TIME ON TRIVIAL TASKS Having got a vision on where your business is expected to get to in the few months, you need to make plans for your day to day activities on how to get there. Whatever you engage in should be rewarding and not that which brings no productivity to your business. Ask yourself how productive your activities daily would affect your business. Being busy for a business does not necessarily mean working for productivity. Figure out whatever would add value to your business. Talk to people about your business, advertise your products and ensure to maintain quality in production.  ### 4 FEAR BASED PRICING Don't as an entrepreneur focus so much on what you're earning currently, project your future earning. Do not lower your price just to get people to buy your goods, rather work on the quality of the goods you produce as this would greatly determine the price. When customers note that your goods are of good quality, they'll come calling on you, irrespective of the price, provided it's considerate.  ### 5 WORKING YOURSELF TO DEATH As a professional business owner, you should know the benefits of delegations. Do not think of doing everything alone. Hire consultants and professionals to help you get certain things done. You cannot know everything about your business, you can dream about your business and get the direction clear, but people would help you get it done. In business, you have to look after yourself first, too. Only then will you maintain your health and sanity enough to push your business to the next level. Don’t forget about delegation. There are writers, accountants, and virtual assistants readily available everywhere. You should be thinking about outsourcing tasks or passing them on to your staff at all times.  ### 6 INCORRECT AMOUNT OF RISK Some entrepreneurs out of fear invest little funds in their business, thus making the returns for the business quite low. However, some take too much risk and if the business turn down, they lose everything. It is better to research a lot before going into an investment programme. Use your intuition to judge how much to invest based on findings.   designed by me *** ## Follow @drstarry for daily Business Tips ## Thanks for reading!  Credit to me