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Dream Big, Achieve More: A Step-by-Step Guide to Business Strategy for Creative Female Entrepreneurs

by Jan 1, 2024Business Owner, Personal Growth0 comments

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You’ve got that entrepreneurial spirit, drive, and creativity, and you’re ready to make this year an absolute blast for your business. To ensure that it’s not only successful but also sustainable, let’s talk about crafting a kick-butt business strategy – having a business strategy for success is key to any business big or small.

 

We’ll explore how to find that perfect balance with family life (and raising children if that is you) because, hey, personal boundaries are essential to maintaining your passion for your business. 

Define Your Vision

First things first, let’s dream big! What’s your ultimate vision for your business and life? What does success look like to you? Whether you’re starting a family or have one already, it’s essential to align your business goals with your personal dreams. Having this vision not only keeps you motivated but also helps in setting those boundaries to make it all work. In my mind I have a Million Pound Business – I am not there yet but I will be! 

 

Set Specific Goals

Now, let’s break those dreams down into specific, achievable goals. Remember, family life is a priority, so make your goals realistic and family-friendly. Maybe it’s about growing your business but also ensuring you have quality time with your loved ones. (Be it little people or your fur babies!) With the right strategy, you can do both. I work in 90-day plan cycles and that has a great focus on achieving realistic goals but dreaming big too – I will push you to get things done and not let them slip. 

 

Know Your Market

Understanding your target market is key, especially when you’re juggling family life. Let’s work smart, not hard. When I run my VIP days or strategy success sessions we have dedicated time to do market research and understand what is out there and what is missing  – you want to be that missing piece of the puzzle. 

 

Develop a Unique Value Proposition

Your unique value proposition (UVP) should not only set you apart but also align with your values and commitments. Let’s fine-tune your UVP to connect with your audience while keeping your personal boundaries intact. My clients often struggle with having clear boundaries and I don’t lie that I find that hard too – tha is why I work with a business mentor too to keep me accountable. 

 

Plan Your Marketing Strategy

Balancing life requires a smart marketing strategy. Outsourcing some marketing tasks might just give you that breathing space you need. I would recommend though doing the initial work yourself so that it is YOU speaking to your clients in your messaging. 

Manage Your Finances Wisely

Balancing the books can be challenging and the right bit of software can help keep you on track. I would also recommend getting a bookkeeper and accountant on board as soon as you can so that you can focus on other aspects fo the business. Unless you love that bit of course but you will still need an accountant as you grow! 

Build a Support Network

Having a strong support network is vital. Whether you’re a parent or planning to be one, it helps to connect with mentors and peers who’ve been there, done that. They’ll provide insights and a sense of community that’s priceless. As we reach the Operational Tipping Points® in our business journeys you will need different forms of support – spend time with the right people and get in a physical room if you can to focus on your business. 

Adapt and Pivot

Life is unpredictable, and being flexible is a superpower. As a Strategy and Operations consultant, I have been there for my clients who suddenly want or need to pivot and I am pleased to be able to offer this flexibility in my offer so that the client can focus on the new product or offer while the other part is managed. We all need to navigate those unexpected changes and tweak your strategy as needed to keep your business resilient, and sustainable and for you to keep enjoying it. 

 

Crafting a business strategy that rocks while maintaining personal boundaries is the name of the game.

Dream big, set realistic goals, and find that perfect balance. Remember, your business should enhance your life, not consume it.

Let’s make this year amazing for both your business and your loved ones. Here’s to an incredible year of growth, success, and making it all work together!  If you would like to have a chat about how we could work together here is the link. 

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Are you a female business owner who has achieved great success, making six figures or more? Congratulations! Building a thriving business is no small feat and we usually achieve this while balancing all the other commitments at home and family. However, as your business grows, you may find yourself overwhelmed, time-poor, and stuck in the day-to-day operations. It’s time to shift your focus from the weeds and start scaling your business smartly. In this blog post, we’ll explore the importance of strategy sessions, the dangers of getting stuck in your business, and how working with an Ops expert can ensure your business can scale efficiently and sustainably. 

 

Strategy Sessions: The Backbone of Smart Scaling

Strategy sessions are crucial for the growth and expansion of any business. These sessions provide you with an opportunity to step back, assess your current position, and chart a clear path forward. Here’s why strategy sessions are important:

 

  1. Setting Clear Goals: Strategy sessions allow you to define SMART (Specific, Measurable, Achievable, Relevant, Time-bound) goals for your business. By setting clear objectives, you’ll have a roadmap to guide your decisions and actions. (More on roadmaps later) 

 

  1. Aligning Resources: During strategy sessions, you can evaluate your available resources and identify any gaps or areas that need improvement or more time. This alignment ensures that your resources are effectively allocated to support your business goals. I often see people in roles that are not being managed and are wasting time and money for the business owner. 

 

  1. Identifying Opportunities: Strategy sessions help you identify new opportunities for growth, innovation, and expansion. By exploring different avenues, you can make informed decisions on how to best position your business in the market. Talking this through with someone outside of your organisation is really important and makes the conversation much more impactful and new ideas and thoughts always come up. 

 

Getting Your Head Out of the Weeds: The Danger of Being Stuck

As a busy business owner, it’s easy to get caught up in the day-to-day operations. However, continuously working in the weeds can hinder your business’s growth potential. Here’s why you can’t keep getting stuck in your business:

 

  1. Limited Perspective: Being immersed in the day-to-day tasks restricts your ability to see the bigger picture. It’s essential to gain a broader perspective by stepping back and assessing your business as a whole.

 

  1. Lack of Innovation: When you’re constantly firefighting and handling operational challenges, there’s little time left for innovation. Scaling your business requires fresh ideas and creative solutions, which can only be fostered by taking a step back from the daily grind. I know first hand how difficult this is and even I spend time out of my business (usually a lovely spa hotel) to think about new ideas and products. My best ideas come when I am not at my desk and usually out walking. 

 

  1. Missed Opportunities: By being stuck in the weeds, you might miss out on potential growth opportunities. Whether it’s forging strategic partnerships, exploring new markets, or implementing efficient systems, these opportunities can significantly impact your business’s success.

 

Working with an Ops Expert: Scaling Smartly

To ensure your business can scale smartly, it’s crucial to work with an Operations (Ops) expert. Ops experts specialise in streamlining processes, optimising systems, and restructuring teams to make your business more efficient and sustainable. Here’s how an Ops expert can help:

 

  1. Accountability Support: An Ops expert provides the much-needed accountability that keeps you on track with your goals. They help you stay focused, prioritise tasks, and ensure that your business is moving in the right direction.

 

  1. Implementation Support: Scaling your business involves making changes and implementing new strategies. An Ops expert can support you throughout the implementation process, ensuring a smooth transition and minimising disruptions.

 

  1. Efficiency and Sustainability: Ops experts have the expertise to identify bottlenecks, streamline processes, and optimise your business operations. Their insights and recommendations can significantly improve efficiency, saving you time and resources while ensuring long-term sustainability.

 

Success is not just about hard work. Scaling your business smartly requires a strategic approach and a willingness to step back from the day-to-day operations. Strategy sessions provide the foundation for growth, allowing you to set clear goals, align resources, and identify opportunities. Avoid the dangers of getting stuck in your business by gaining a broader perspective, fostering innovation, and seizing growth opportunities. Lastly, working with an Ops expert can provide the necessary support and expertise to streamline your operations and ensure your business can scale efficiently and sustainably. Only certain people love the back end of businesses, you need to find your partner to your creative genius mind to make a great team, then you will see your business fly! Remember, smart goals save you time and pave the way for your business’s continued success.