Starting a business is not an easy task, there are numerous things to consider and keep in mind, even if one puts in every effort to make things perfect, yet they end up with a few glitches here and there. Especially, if you are attempting to do this mammoth task all by yourself, the going gets tougher. Seeking the help of experts and experienced people like Michael Giuffrida doesn’t hurt much and in fact should be sought after. He will be able to enlighten all those attempting a business start up with tips that can increase the efficiency level of the same work you had been doing and yielding no fruit for.
- Having a clear focus is what Michael, also known as Mike at his company Titan Strategic Partners, encourages the entrepreneurs to imbibe. Having a target set keeps one motivated and undedicated; those who are distracted can never achieve success, they probably do not have any aspirations at all. Lack of concentration leads to wastage of resources and thereby loss in business.
- Creating the right team is crucial for the acceleration of the startup; when you have experienced and efficient co-workers or employees, reaching the goals is never too far. But for that the owner is the responsible of having an eye for the appropriate kind of talent to be brought on board. Since there are uncountable things to attend to in a start up, hiring freshers to the industry, could add to the work pressure. It is not always possible to monitor each employee individually, hence, someone who can function on his/her own is preferable to enhance the efficiency, points Michael Giuffrida. His knowledge on this is extremely dependable as he has helped several organizations in Hartford and Southington, Connecticut attain success par excellence.
- Flexibility is a key soft skill every individual, whether a founder or an employee, needs to posses in a corporate sector. Things are likely to turn out to be unexpected at any moment; rigidity may increase confusions and gear up the difficulty level by a notch. Here again focus becomes important, for you have the goal clear, the drive to attain it at any cost enables an owner to traverse unknown roads too.
- Setting targets is compulsory in order to reach the final destination, the owner of the startup should be able to identify and fix targets for the others in the business. Progress has to be measured to ascertain how much of the path to the target has been covered and how much left to cover.
A start up business requires an owner to be prepared to deal with competition, novelty, uncertainty, resources, and lack of time. Patience and conviction are the two weapons that one can employ before thinking of anything else; you have to remember at all times, it is a long and bumpy ride, so, if you have to hang in there, you have to hold on tight.