How to Differentiate a Successful Business Owner from One Who Struggles

Entrepreneurship is a challenging endeavor. There are some factors that differentiate successful business owners from those who struggle or even fail. 

Planning 

The stark reality is that planning is a recurring reason differentiating between successful business owners and those who struggle or fail. Many people presume that planning is a major task for all business owners. While it should be, it oftentimes does not happen. 

A successful business owner engages in short term and long term planning. Planning includes the delineation of milestones and achievable goals and concrete results. 

Differentiation 

Another reason some business owners are successful and others are not is because of product or service differentiation. In the grand scheme of things, having a great product or service is not enough to place a business on the pathway to success. Rather, a business needs to establish aa unique value proposition for its products or services. A business needs to set itself apart from the competition because of its unique value proposition. 

Leadership 

Business owners who enjoy marked success have strong leadership abilities. Some aspects of leadership may be innate. However, when it comes to comparing successful business owners and those that are not, those who are successful are entrepreneurs who avail themselves of guidance from mentors, including learning about leadership practices and techniques. 

Capital 

A successful business owner understands the vital importance of having an appropriate level of capital. This includes operating capital, an element of enterprise operations that is sometimes not properly focused on by a business owner. The epitome of a struggling business owner is one lacking in an appropriate level of operating capital. He or she is a business owner that has issues paying bills on time and lacks the resources necessary to grow and expand a business. 

Learn from Failure 

Failure is a part of running a business. Rare is the business owner who doesn’t experience some type of failure here and there. The issue is not the fact that something or another didn’t work out as initially desired. Rather, what separates successful business owners from the pack is that those that succeed get beyond mistakes and learn from them. 

Scaling 

Properly scaling a business is another tactic of a successful entrepreneur. What that really means is that a successful business owner knows when to begin growing his or her enterprise. Premature scaling will end up throwing a business off the rails and put it on course towards failure. 

Profit 

A successful business owner keeps his or her eyes on profit. Simply, revenue is not the same as profit. Profit is what allows for growth and success. Only 40 percent of small businesses are profitable. 30 percent break even. 30 percent of all enterprises lose money. 

Inventory Management 

Another attribute of a successful business owner is the ability to establish protocols to properly and effectively manage inventory. Too little inventory harms sales. On the other hand, too much inventory harms profitability. 

Focus 

A successful business owner hones his or her ability to focus. An unsuccessful business owner is one who loses focus when a problem arises or something goes somewhat awry. Because he or she loses focus, what starts of as a more minor issues can end up being a major problem inn a fairly short period of time. The inability to focus also results in a business owner not being able to make necessary adjustments when needed. 

Pivot 

A business owner who enjoys success if also one who is able to pivot. By that it is meant that he or she is able to readily make a move from a strategy that might be less effective than initially anticipated. 

Money 

A successful business owner doesn’t turn a business account into a personal piggy bank. Rather, a successful business owner is structured and responsible when it comes to the management and utilization of business account funds. 

Unexpected Events 

A difference between a successful business owner and one that is not centers on the an ability to respond to unexpected events. Perhaps the only thing that you can be certain about in business is that unexpected events will occur in the operation of a business enterprise. 

Believe in Yourself 

Yet another quality of a successful business owner is a belief in his or her self. A successful business owner has a fundamental belief in his or her abilities. 

Mission 

Not only does a successful business owner establish a mission for the enterprise itself, but he or she as personal mission as well. A successful business owner has his or her mission and associated milestones that mark the pathway to achievement.

Jessica Kane is a writer for Every USB, where you can create your very own custom usb drive for your brand or company.

Enhance Your Small Business’ Brand with Professional Photography

Images are crucial to brand building for a small business. As a small business owner, you may feel you understand this reality, but really may only be paying lip service to it. For example, rather than engage a professional photographer, you may be relying on free stock images in an effort to build your brand. 

There are some powerful reasons why you more effectively build your small business’ brand by availing yourself of the services of a professional photographer. There are a number of significant reasons why you better develop your brand through the use of a professional photographer. 

Higher Quality Images 

You might select decent looking stock photos online. You may thing your smartphone or easy to use point and shoot camera product high quality photos. Indeed, these devices may produce good photos, but nothing compares the quality of images created by a professional photographer. 

A professional photographer utilizes high tech cameras and associated gear. He or she also has the comprehensive knowledge and experience and the creativity to make the most out of this equipment and create for you powerful images. 

You want your brand to convey quality, vibrancy, uniqueness. As a result, you must have associated imagery that consistently meets these objectives. These types of images can only be realized fully when you retain the services of a photography professional. 

Authentic Visual Representations of the Brand of Your Small Business 

As mentioned a moment ago, uniqueness is one of the attributes a professional photographer brings to the table when it comes to images for your business. You absolutely do not get uniqueness when you rely on stock photos when promoting your business and your brand. 

Beyond truly unique images, you want those photos associated with your brand to have their own individualized style, an appearance that is easy to identify with your business. Images produced by a professional photographer are crafted with this unique sense of style in mind. 

A professional photographer will work closely with you to come to a clear understanding of your vision for your brand. By coming to this understanding, a photography professional is able to create powerful images that turn the vision you have for your brand into something tangible and effective. 

Your Vision Realized 

Another benefit to be derived when it comes to the development and enhancement of your business’ brand via engaging a professional photographer is that you will be able to see your vision better realized. A professional photographer will meet with you and thoroughly discuss what you have in mind for the brand of your business, for your overall vision for your enterprise. 

Armed with this vital information, a professional photographer will be able to create images that take your vision for your brand and business and transform it into something tangible. A pro crafts images that will convey what you intend your brand to represent and communicate to prospective clients, customers, and others. 

Cost of a Professional Photographer 

While it is true that you do pay for the services of a professional photographer, and the overall process from photo shoots to editing and so forth can be expensive in some cases, you really are making a vital investment into your brand. You might even think of the costs associated with a professional photographer to being something of a capital investment into the overall value of your business. 

The reality is that if you are successful in developing a brand, that in and of itself is intellectual property that can have significant value. Indeed, if you are fortunate, perhaps the day will come when interest in buying your business develops. As part of that scenario, the asset of most importance will be the brand itself. Part of the value of that brand will be the images associated with it that were the creations of a professional photographer. 

Finding a Professional Photographer 

There are many individuals who promote themselves as being professional photographers. As in any profession, these individuals have varying degrees of talent and expertise. You necessarily will want to select a photographer with experienced and a resume to match. 

You will also want to seek out a photographer that has worked with businesses specifically in the realm of brand creation, development, and enhancement. Such a professional has the particularly background needed to recognize your vision and to achieve you goals when it comes to all things relating to your business’ brand. 

Schedule interviews with a few professional photographers. This type of direct contact is invaluable when making a final decision on who will assist with your business’ brand.

Jessica Kane is a professional blogger who focuses on personal finance and other money matters. She currently writes for Checkworks.com, where you can get personal checks and business checks.

Five Categories of Jobs Abroad Available to U.S. Citizens

If you are a U.S. citizen who has developed an interest in working abroad, you are far from alone. In this day and age, a notable number of men and women from the United States are entertaining the idea of working and living abroad.

There are a variety of issues that you need to bear in mind when it comes to considering the prospect for employment in another country. With this understood, there are five primary categories of jobs for which you may consider seeking employment in a foreign country.

U.S. Government

The U.S. Departments of State and Defense are two major governmental agencies that hire U.S. citizens to work in different locations abroad. The Foreign Service branch of the Department of State hires U.S. citizens to work in a number of settings abroad. These include positions of employment in embassies and consulates located in different countries around the world. 

You do need to keep in mind that there can be some fairly stringent requirements when it comes to employment with the Defense and State Departments. For example, before a person can apply for many of the positions with U.S. Foreign Service, that individual needs to pass successfully the foreign service exam. Some positions of employment with these agencies necessitate a person obtaining a certain level of security clearance. 

Other U.S. governmental agencies that employ U.S. citizens and station them abroad include the U.S. Department of Agriculture and the U.S. Department of Commerce. In some instances, these two agencies may have less stringent requirements to get into a position of employment initially. 

Although not a paid positon of employment, many people join the Peace Corps as a means of opening the door to future opportunities abroad. The Peace Corps usually requires a two-year commitment. In addition to being a good avenue through which to identify potential employment opportunities abroad, spending time in the Peace Corps can be a highly gratifying experience. 

U.S. Businesses Abroad

U.S. businesses of all types operate in a myriad of foreign countries. A U.S. company with foreign operations can provide you a basis upon which you can find a job in another country.

Oftentimes, a U.S. company with foreign operations will send a person already in its employ in the United States to take a position in some foreign country. As a result, if you are interested in taking a job with an American venture in a foreign country, you may need to commence your employment with the business in the United States first. 

Foreign Business

At first blush, you may think that foreign businesses would be eager to hire an English speaking person from the United States. There certainly is value in a foreign company hiring a person well versed in the English language. Having said that, many non-U.S. citizens actually master English as a second language.

While there are opportunities available for U.S. citizens in some foreign businesses. However, there are limitations in this regard because of the laws on the books in some countries. These laws tend to require a business to demonstrate why a citizen of the country where the business is located cannot be found for a position of employment before a person from another country, including the United States, can be hired. 

Teaching 

The demand for English-speaking educators is significant. What is interesting about teaching positions abroad is that if you are an English speaker, you do not necessarily need to be able to speak any other language. There is a high demand for people to English speakers to teach adults and young people the English language in numerous countries the world over. Oftentimes, these types of positions are ideal for recent college graduates.

Take care when you seek a teaching position in a foreign country via the internet. You need to make certain that you connect with a reliable organization involved in placing English-speaking teachers. 

Non-Governmental Organizations or NGOs 

A final general area in which you might consider seeking employment abroad is for a non-governmental organization or NGO. NGOs come in many different derivations. They include everything from the United Nations to the Red Cross. Other examples of NGOs for which you may be able to seek employment opportunities include UNICEF, the International Monetary Fund, and the World Health Organization. 

The employment and other needs of these different organizations vary significantly, depending on the activities they perform and their missions, and employment opportunities may be limited. By contacting NGOs individual, you will be able to ascertain their existing and future employment needs.

Jessica Kane is a professional blogger who writes for Documents International LLC, a leading apostille service for individuals and businesses.

OSHA and Workplace Safety Data

The Occupational Safety and Health Administration is charged with overseeing safety issues in certain types of workplaces and industries. This includes the construction industry.

OSHA specifically defines construction as being “a high hazard industry.” Included within the construction industry as far as specific enterprises is residential construction, commercial construction, bridge erection, roadway paving, excavations, demolitions, and large scale painting jobs. 

According to OSHA, construction workers engage in various activities on a regular and recurring basis that may expose them to serious hazards. These include such hazards as falling from rooftops, contact with unguarded machinery, being struck by heavy construction equipment, electrocutions, and exposure to various harmful substances. 

As part of its mission, OSHA tracks statistics pertaining to workplace accidents of all types, including in the construction industry. These statistics can be illuminating and assisting in putting workplace hazards, accidents, and injuries into perspective.

General Workplace Accident Statistics

According to data maintained by OSHA, Each year, over 4.1 million people in the United States suffer a workplace injury or occupational illness. The annual injury rate in the U.S.A. works out to be about 4.4 cases per 100 full-time workers. Over 2 million workers are injured severely enough that they miss work and require ongoing medical care, sometimes for an extended period of time. 

Mid and Small Size Companies and Workplace Injuries

The type of business with the most workplace injuries is a mid size company. These are defined as businesses that have between 50 and 249 workers. It is important to note that a majority of construction companies fall into this category. Construction companies have one of the highest rates of worker injuries in the U.S.A.

Small companies are those that are defined with 11 or fewer employees. Small companies in the country have the lowest reported incidence of workplace injuries.

Workplace Deaths in the United States

An average of 165 people die daily in the United States from different types of occupational diseases every day. Approximately 18 workers in the country die daily from workplace injuries. The combined total of the these two types of fatalities equates to about 1,000 workplace deaths each year in the U.S.A.

Cost of Workplace Injuries, Illnesses, and Deaths

The combined total cost of workplace injuries, illnesses, and deaths costs society approximately $155.5 billion annually, according to data from OSHA. This cost has been on the increase over the past decade. It is not expected to abate any time in the near future.

The Preventability of Workplace Injuries

According to OSHA, one of the most alarming facts about workplace injuries is that the vast majority are preventable. The agency reports that only about 4 percent of workplace accidents are caused by technical issues, including faulty equipment. The remainder are due to some sort of preventable, avoidable human error, negligence, or recklessness. In other words, and as was just noted — preventable. 

Construction is One of the Most Dangerous Industries

Another piece of alarming data maintained by OSHA is that construction is one of the most dangerous industries in the United States. The fatality rate in the U.S. construction industry is approximately 15.2 deaths per 100,000 workers. The leading causes of death in the construction industry are:

  • falls
  • car accidents
  • electrocution
  • machine accidents
  • struck by falling objects

One in five workplace deaths and one in 10 workplace injuries or illnesses occurred in the construction industry. 

State by State Examination of Workplace Injuries

According to the Bureau of Labor Statistics, Texas had more workplace fatalities than any other state. Texas is the third most populated state in the country Texas was followed by California and Florida. 

In a one-year period, the number of workplace deaths increased by 20 percent, according to data from the Bureau of Labor Statistics and OSHA. These states are:

In 12 states,  

  • Alaska
  • Delaware
  • Hawaii
  • Kentucky
  • Maine
  • Michigan
  • Nebraska
  • New Mexico

Seven states reported a 20 percent or more decline in workplace fatalities during that same one-year period. Those states are:

  • Alabama
  • Iowa
  • New Hampshire
  • New Jersey
  • South Carolina
  • Wisconsin
  • Wyoming

The District of Columbia also reported decline of 20 percent or more. As an aside, collecting data on workplace injuries and fatalities remains a problematic endeavor due to reporting issues. An unknown number of workplace injuries, and even some fatalities, are not appropriately reported to OSHA or other agencies to which certain businesses have reporting requirements.

Jessica Kane writes for Advance Online, a leading provider of web-based OSHA. DOT. and HAZWOPER training. 

Help Wanted – General Labor – Rehabbing rental properties

General Labor – Rehabbing rental properties

 

General Labor – Rehabbing rental properties.

Some flexibility in hours but generally 9-5 Monday to Friday.

Year round employment and potential for free housing for the right person

Basic plumbing Drywall and electrical experience required.

Prefer you have transportation but would be willing to work with lack of transportation for the right person.

Would consider housing for a family for the right person

No phone calls, please reply with resume via email or text message

stesta@armitagerealty.com

Salary negotiable including profit sharing ….potential for triple-digit income