Dave Ramsey Entrepreneurship
|America's trusted voice on money and business, Dave Ramsey is a personal money management expert and extremely popular national radio personality. His three New York Times best-selling books - Financial Peace, More Than Enough and The Total Money Makeover - have sold more than 6 million copies combined. His latest book is EntreLeadership: 20 Years of Practical Business Wisdom from the Trenches.|
Spring Cleaning Your Business
As a business owner with an incredibly tight schedule, you may not think there will be time to stop and smell the roses when spring arrives in a few weeks. But you should. Nature’s favorite season always brings a sense of hope, and just about everyone feels better taking a break outside to enjoy the weather.
Besides boosting your personal life, your company could probably stand a breath of fresh air, too. So, how do you manage it?
Crunch some numbers
Start with storing or getting rid of old files, cleaning up records, and looking at IRS guidelines for timelines. Once that’s complete, then it’s on to the financials. Do a review of the prior year—year-end results versus prior year versus budget—and look for the areas where your company won or lost.
Then, using last year’s results and your current feel for the business and market, get a monthly and annual budget in place for the future. Spring is also a great time to review your basic expenses, like phone, cable, Internet services, office supplies, and advertising.
Modernize and optimize
More and more people are browsing online using their mobile devices. So, how do you apply this to your site? It’s all about keeping things simple.
People prefer content that’s easy to consume. Is there something you can say in a single image that you are using multiple paragraphs for? Can you show a photograph of a new product rather than describing it? A picture is worth a thousand words, they say. The less complex your website is, the better.
Your personal brand
Spring is a great time for leaders to take a break from daily tasks and really evaluate how others view them—and their personal brand. What are things that come to mind when someone says your name? Are they thinking you and your company have integrity and consistently demonstrate excellence? If not, how are you going to change that perception?
You can use the same concept with your team. What comes to mind when others think of a certain department? Block off some time to write a personal mission statement. It’s as important as your company mission statement, since it serves as a guide to where you want to go. Author and career coach Dan Miller says a good personal mission statement should include your:
When your mission statement is complete, share it with your team, family, friends, and mentors. Once you’ve declared something to those you care about, you’ll be less likely to fail. It’s an instant motivator!
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Dave Ramsey is America's trusted voice on money and business. He has authored five New York Times best-selling books: Financial Peace, More Than Enough, The Total Money Makeover, EntreLeadership and Smart Money Smart Kids. His newest best-seller, Smart Money Smart Kids, was written with his daughter Rachel Cruze, and recently debuted at #1. The Dave Ramsey Show is heard by more than 8 million listeners each week on more than 500 radio stations. Follow Dave on Twitter at @DaveRamsey and on the web at daveramsey.com.