Top 10 Business Tips We Wish We Had Known…

Last Updated: March 4, 2021 in Business Advice


We’ve put this guide together with advice from our amazing members to help fast forward your business success by not making those common business mistakes made by so many. We hope you find it useful!

  1. BE REAL. “FOR ME, IT IS THAT IN ORDER TO STAND OUT FROM THE CROWD IT’S IMPORTANT TO BE YOURSELF. EVERYONE IS UNIQUE AND THE ONLY WAY YOU CAN DIFFERENTIATE YOURSELF FROM YOUR COMPETITION IS TO ENSURE YOUR BUSINESS HAS A PERSONALITY. SO BE TRUE TO WHO YOU ARE AS A BUSINESS OWNER, TELL THE STORY BEHIND YOUR BRAND, SHARE YOUR HIGHS AND LOWS, BE HONEST, GENUINE AND AUTHENTIC. JUST BE YOU” – MANFREDA CAVAZZA, JOURNALIST
  1. DEFINE YOUR WHY. “FOR ME FOR THE OUTSET DEFINE YOUR WHY, ETHOS AND VALUES AND REMAIN TRUE TO THOSE NO MATTER WHAT. TRY TO WORK WITH CLIENTS THAT ALIGN WITH YOUR ETHOS AND VALUES AND SHARE THEIR PASSION, WHEN YOU FEEL TRULY PASSIONATE ABOUT YOUR WORK IT DOESN’T FEEL LIKE WORK!” – EMMA COX, RISING SOUTH

3. FIND A SUPPORTIVE COMMUNITY. “LISTEN TO THE ADVICE OF OTHERS AND THEN DO IT YOUR OWN WAY USING YOUR VALUES AND PASSION TO DRIVE YOU. WHO’S IN YOUR TEAM? SURROUND YOURSELF WITH BRILLIANT PEOPLE WHO LIFT YOU UP. AS SOON AS YOU CAN, GET YOURSELF A TRUSTED COACH TO SUPPORT AND CHALLENGE YOU – THE INVESTMENT WILL BE WELL WORTH IT AND IF YOU CAN’T AFFORD IF YET, SEEK SOMEONE OUT TO MENTOR YOU AS A RECIPROCAL BENEFIT.” – SAVVY SARAH

4. STRIVE FOR PROGRESS, NOT PERFECTION. “SOMETIMES YOU CAN PUT SO MUCH PRESSURE ON YOURSELF TO KNOW EXACTLY WHAT YOU SHOULD DO, WHAT THE RIGHT THING IS TO DO, IT CAN SEEM LIKE A BIG MOUNTAIN TO CLIMB. SO TAKE THE PRESSURE OFF AND CELEBRATE EVERY STEP IN THE RIGHT DIRECTION.” – KATIE GRAINGER, THIRTY CONSULTANCY

5. DEFINE YOUR IDEAL CLIENT. “KNOW YOUR CLIENT AND USP WHAT MAKES YOU DIFFERENT, WHAT DO YOU WANT TO ACHIEVE?” – KIM HARRIS, VISAGE BEAUTY

“I THINK IT’S FUNDAMENTAL TO KNOW WHO YOU WANT TO WORK WITH FIRST. WHO YOUR IDEAL CLIENTS OR CONSUMERS ARE, AND THEN BUILD EVERYTHING AROUND SERVING THEM THE VERY BEST WAY YOU CAN..” –KIM BALASBRUMANIAM – INIMITABLE.CO

6. DIVERSIFY YOUR INCOME. “TRY TO OBTAIN MULTIPLE INCOME STREAMS WITHIN YOUR BUSINESS, IT BALANCES THE INCOME WHEN SITUATIONS FLIP. ” DEE BODLE, BODYSUITE PILATES

“FIND A WAY TO FIT RECURRING REVENUE INTO YOUR BIZ MODEL – IT’S A GAME CHANGER! CREATE ONCE, SELL MULTIPLE TIMES – ONLINE COURSE, GUIDES AND TEMPLATES, PRODUCTS…” –JAS SHERIDAN -SHORTEC

7. SHOW ADDED VALUE. “SHOW ADDED VALUE TO YOUR CUSTOMERS, WHETHER ITS SHARING A RELEVANT ARTICLE, TAGGING THEM IN SOMETHING USEFUL ONLINE OR INTRODUCING THEM TO SOMEONE IN YOUR NETWORK WHO COULD BE BENEFICIAL.” – EMMA COX – RISING SOUTH

8. OUTSOURCE AS SOON AS YOU CAN. “IT IS IMPERATIVE TO DEFINE YOUR STRENGTHS AND IDENTIFY YOUR WEAKNESSES. WHEN YOU KNOW THESE YOU CAN IDENTIFY THE AREAS TO OUTSOURCE. DON’T WASTE YOUR TIME DOING THE THINGS SOMEONE ELSE COULD DO BETTER.” – IAN CROSSLEY, BUSINESSMENTOR


“AS SOON AS YOU’RE ABLE GET A GOOD ACCOUNTANT. THEY ARE WORTH EVERY PENNY – MINE HAS GREAT MONEY SAVING TIPS AND HAS ALSO WATCHED OUT FOR FINANCIAL UPDATES THAT APPLY TO ME. THE RELIEF WHEN HE FILES MY RETURNS IS IMMENSE!” – DONNA DUGGAN -DIGITAL MARKETEER

9. GO WITH YOUR GUT. “IF A CLIENT FEELS LIKE THEY WONT FIT IN THE EARLY STAGES OF NEGOTIATION/INTRO THEN THEY PROBABLY WONT. IT IS OK TO SAY NO. IT TAKES GUTS FOR SURE BUT YOUR GUT IS GENERALLY RIGHT.” – CAROLINE SUMNERS, MARKETEER

“OVER TIME LEARN TO TRUST YOUR GUT FEEL. IT CAN REALLY SPEED UP DECISION MAKING AND IT’S PROBABLY WHERE YOU’D END UP ANYWAY, AFTER LOTS OF PROCRASTINATING!” – SIMON BRAND, PROJECT MANAGEMENT

10. VALUE YOUR WORTH. “VALUE YOUR WORTH IF YOU’RE A SERVICE PROVIDER AND BE PASSIONATE AS WELL AS VALUE YOUR PRODUCT IF YOU PRODUCE SOMETHING TO SELL!’ – NIC PRITCHARD – CANDLE MAKER

“BE CAREFUL WHAT AND HOW MUCH YOU GIVE AWAY FOR FREE. BEING HELPFUL IS ALL WELL AND GOOD, BUT WE ALL HAVE BILLS TO PAY AND PRODUCTS AND KNOWLEDGE / EXPERIENCE NEEDS TO BE PAID FOR.” – IAN MOORE, PEOPLE SOLUTIONS.

Running a business is hard work but with a community of like-minded people you’ll have all the support and help you need to overcome any challenge. We ask regular questions like this on our Members Forum and all our members are always ready to offer advice and support.

Why not join us today to see how The Collective could help you and your business to flourish.