Building a Winning Business with Helping Hands

Many entrepreneurs feel that they have to do it all by themselves and when they have built up a business with their own two hands it can prove somewhat demoralizing to admit when things aren’t okay. No business is built on the shoulders of one woman alone. In other words, it’s okay to ask for help. To build a sustainable business, entrepreneurs need a support system.

Building A Support Network

The right support network is invaluable. The great thing is that there are plenty of resources available. From alumni networks to the Small Business Administration, these organizations help small business owners build a network of people and resources. Other places to consider for building a support network include:

• local libraries (small business seminars).
• Chamber of Commerce
• SCORE – SCORE is the nation’s largest network of volunteer, expert business mentors, with more than 10,000 volunteers in 300 chapters.
• Trade shows are an excellent way to get your name and brand out into the world, increase your brand awareness and find new business opportunities. There are plenty of trade shows that are specifically designed for mums in business, and it is easy to find a supplier for your setup that supports small businesses, who understands your business vision and will help you to best represent it.

Acquiring A Mentor

Setting up a business that goes the distance is about finding the right support network for the company as well as your personal goals. As entrepreneurs, we need to be learning and developing. It can be a good idea to reconnect with old high school classmates or college alumni which could open you up to different opportunities for collaboration. But for many people that are looking to try and ascend to the next level, getting a mentor can be an invaluable approach. A mentor isn’t just someone to hold your hand through difficult processes, but they are someone who has been there. This can provide you with invaluable advice in relation to the ebbs and flows of new business processes and dealing with the trials and tribulations of owning a business. A mentor can give you professional insight as well as personal insight.

Outsourcing Is Okay

Depending on who you ask, outsourcing could be seen as a very dirty word. But there are so many reasons to outsource to professionals. When you struggle to keep things flowing in-house, it may be time to consider getting extra help to address your skills gaps or step in when your time and attention is limited in a certain area. A very good example is the technical component. Because there are so many risks of data breaches finding the right IT solutions for businesses can help you to realize that there are components that can be quite impossible for you to keep on top of. The only real solution to completely avoid outsourcing is to hire people in-house and pay them a full salary. But for many businesses, this is a financial difficulty. There is no harm in outsourcing.

Help comes in different shapes and forms. As mompreneurs, we can try to keep everything flowing on our own only to realize that we simply can’t manage it. This is why having a village is pivotal to business growth. Having a village is important for raising children, but it’s also important for building a business.