Young Upstarts

All about entrepreneurship, intrapreneurship, ideas, innovation, and small business.

Key Decisions That Could Make Your Business Soar

key-to-success

Did you ever think that the future success of your business could be one right decision away? We think there are plenty of examples where making one right decision could catapult your business into the spotlight. In most cases, these decisions are completely overlooked by business owners. Either they fail to notice them, or they don’t realize the huge impact that decision had on their company.

Here are some of the best possibilities where you must make the right choice for your company:

The Right Lead.

It might seem obvious to say this but the right lead could really do wonders for your company. Leads simply refer to business opportunities a company could find with another business. Leads can be found accidentally. For instance, you could advice B2B transactions on your website. At that point you might get a bite from an interested big fish in the pond. But you can also buy leads, and it’s buying the right ones where things get interesting. Have you ever heard of the Forbes Midas list 2016? Midas, as you might be aware, refers to the tale of King Midas. In the fable everything the king touched turned to gold. We think you know where this is going. The Midas list is a full list gathered by Forbes of the top dogs and deal makers. If you have access to the contact information of people on that list, the possibilities for your business become endless. All you need to do in this case is make the choice to buy the correct lead.

The Right Conversation.

If you think about it attending a tradeshow and coming out on top is a little like winning the lottery. Sure, you can tip the scales in your favour by injecting more money into your marketing. But ultimately you don’t know for sure which investor could do wonders for your company. You don’t know who the right person to make a deal with is. It could be any of them. You see? It’s a lottery, and you have to find the winning ticket. That’s why you need to take your time at a trade show, particularly if you get multiple offers. You need to make sure you choose the investor who has the power to put your business in the spotlight.

The Right Employee.

You don’t often hear business owners highlighting that one of their employees was the reason for their success. But we guarantee it happens. In fact it probably happens more than anyone has ever realised. After a business is up and running, the owner of that company will be making important decisions. But at the same time there are lots of people below them making decisions that could have a huge impact. This could be seen as the economic equivalent of Chaos Theory. One right decision by your employee and your business could jump up the ladder without you even realising why. Of course for them to make that decision, you’ve got to hire them in the first place. That’s why the choice to success or failure is still your own. You have to chose the right road at the beginning.

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Young Upstarts is a business and technology blog that champions new ideas, innovation and entrepreneurship. It focuses on highlighting young people and small businesses, celebrating their vision and role in changing the world with their ideas, products and services.

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