Startup Freak Community for entrepreneurs and small businesses
Think you’re a fraud?
You are a fraud. At least, that’s what it feels like every time you turn up to work every morning. The boss of your own company? You think to yourself. You couldn’t manage your way out of a paper bag. You could barely manage yourself out of a paper bag with holes in it, like a Swiss cheese paper bag-thing, let alone a functional paper bag.
These thoughts loop through even the most confident entrepreneur’s mind. They may be cocksure in the boardroom, but they’ve got insecurities just like the rest of us, and their doubts will eat at them at the most inopportune moments.
If you’re a new business owner, those niggling doubts will attack you every day, like you were walking up the aisle to marry someone you hate. Without confidence in your service, you’ll have about as much entrepreneurial success as Del Boy.
Laying your mind to rest doesn’t have to be difficult, however. With the right safeguards in place, any acts of accidental self-sabotage don’t have to sink your company.
With that in mind, we’ve come up with a few ways to keep your business ticking over – even when you’re head isn’t in the game.
On the admin frontlines
Administration is either a snooze-fest or a fun-time jamboree, depending on your personality-types. Some people are naturally keyed into the number-crunching and form-filling necessary for the day-to-day operations of a business.
These are the people you need on your staff, and you need the best tech to support them. Payroll software, which used to be little more than a glorified spreadsheet, has progressed to give your valuable number-lovers all the resources they need.
Check out this site to see some of the advancements the payroll has made, from key performance indicators (KPI) to absence tracking.
Moreover, make sure your admin assistants have enough face-to-face contact with the rest of your employees. This’ll help them keep track of your employees more effectively and lend a friendly face to human resources.
Don’t fight the system(atic)
Some business owners are almost relentlessly haphazard, and it’s a strategy that’s worked for some of them. Richard Branson, for instance, put his finger in plenty of pies before he hit pay-dirt. But most bosses require a system that feels less like a spin of the wheel.
Create a series of systems that can act as fail-safes whenever you’re struggling with your workload or stuck making a decision. This could mean consulting a financial advisor or setting out a list of pros and cons. Either way, a systematic approach to business will mean your calculations will always be tackled from a pragmatic angle.
