Categories
Online Business

How To Deliver Your Online Course

How To Deliver Your Online Course

Hi

I love you.

Huh?  We don’t really know each other that well do we……  

When I first started my teaching career, I did my teaching practice in an all-male prison in the UK.

One of the subjects I taught in the prison was communication skills.

In one lesson, I was demonstrating how critical our choice of delivery is in any form of communication.

And so, after a moment of calm silence and turning my back on my class, I suddenly spun around, whacked my hands down loudly on the table and screamed “I LOVE YOU!!” in the loudest, angriest and most aggressive manner that I could muster.

12 fully grown, criminal men all jumped out of their skin.

I had delivered to my class what is quite literally the nicest words in the English language, but had delivered it in a manner that left even the baddest men in town feeling like they just woke up with a snake around their necks.

You see, delivery is powerful.

We could have the most amazing online course content on planet earth; but if we deliver it in a manner that makes your learners want to watch paint dry instead, then everything is lost.

How you choose to communicate and transfer your content from you to your learner is an extremely important consideration, and Step 7 of my course creation process.

Here are what the other 6 steps are just as a reminder:

  • Step 1: Pick The Perfect Topic For Your Online Course and
  • Step 2: Ensure Your Course Idea has High Market Demand
  • Step 3: Select Your Course Type, Business Model & Pricing
  • Step 4: Craft Your Learning Outcomes
  • Step 5: Select and Gather Your Course Content
  • Step 6: Put Your Modules and Lessons in Order

Let’s get stuck in to delivery.

Step 7: Determine the Most Engaging and Effective Delivery Methods for Each Lesson.

CLICK TO WATCH THE VIDEO: >> How To DELIVER Your Online Course So That Your Learners LOVE It   

As you have seen from my prison situation, the choices you make in this step will determine how successful your students are going to be at completing your course, whether they like it or not and whether they even get anything positive out of it.

Everyone is Different

How do you like to consume content?

  • ebook on your electronic device? (visual learner)
  • A physical book that you can hold, annotate and smell? (Yea, I’m a book sniffer!) (visual-kinesthetic learner)
  • Video you can watch? (visual-audio learner)
  • Audio podcast you can listen to? (audio learner)
  • A printable workbook that you can fill in? (Kinesthetic learner)
  • A social learning area where you can chat with others? (social or heart-centered learner)
  • A one-on-one coaching call with an expert?

Do you like to go from A-Z when you are learning something new, without missing any of the steps along the way? (Analytical learner)

Or do you like to just skip to the bits you need and happy to ignore the rest? (Global learner)

The fact is, everyone likes to learn in different ways, and so when you are selecting your online course delivery methods, the best strategy is to ‘think of everyone’….

Deciding on the best way to deliver your content

You need to be aware of the different principles of adult learning, learning preferences and all of the different ways that you can deliver your training to really make sure that your training is as engaging as possible.

  • Will you have videos, reading content, activities, audio content?
  • What type of visuals and downloadable resources will you have?
  • Will you have community learning areas?

You need to make sure that you have a balance of visual, audio and practical methodologies so that everyone is engaged and provided with the optimum learning experience.

A mixed-method approach is always best

The great thing about choosing your delivery is that you can be as creative as you wish, provided that you select a variety of delivery methods.

Choosing one single methodology for delivering your content will serve only one learning preference, and completely exclude the rest.

My personal preference is to deliver all of my teaching content via ‘talking head‘ and ‘screencast’ videos, I then add in text content, worksheets, activities etc. at appropriate points around them.

**But you do need to always create what is best for your learners – and often the best way to find that out is to simply ask them.

Different Content Delivery Methods & Utilizing the Delivery Features of Your Online School

Content is WHAT you are teaching.

Delivery is HOW you teach it, and HOW you transfer the knowledge and skills from you to the student.

There are endless ways to do this and no right or wrong.

There is no special combination that you ‘should’ use or how much of each type of delivery method that you ‘should’ include.

**Note: Unless you are teaching an accredited or licensed training – in which case, please ensure you following the training package guidelines that apply.

Here are some different types of content that you could use to present and ‘transfer’ your expertise to your learner that is available within your online school (this is a screen shot from Thinkific) however all of the learning platforms are extremely similar.

I will explain each of the lesson (delivery) ‘types’ in more depth below.

The Use Of Activities And Practical Exercises

Don’t overuse practical activities – only use them if they are essential steps for the learner to achieve a learning outcome.  

Don’t just put exercises in for the sake of it.

Aim to give your students results as much as possible rather than just information.  

Don’t use assessments, exams or tests unless it’s essential.

VIDEO

Videos are the most engaging way to teach an online course.

Nothing replaces human contact and the eye-to-eye personal presence that comes from classroom teaching – however, using video is the next best thing.

Humans like to look into the face of the human that is talking to them – so PLEASE be brave and go with putting your face on the camera in your course – it is the best experience for your learners.

The other great thing about having your face on the screen is that nobody can plagiarize your content and pretend it’s theirs – when it’s clearly YOUR FACE doing the talking! 

So it’s good for IP protection too!

Simply record your video and upload it to YouTube, other social media and/or your online school.

Here are some different ways that you can record video:

  • Talking head – your head/face on the screen talking to the viewer
  • Green screen – this allows you to replace your background with anything – slides, video, photos, whatever you like.
  • Webcam – great for if you are also filming your screen at the same time as having your head/face speaking on screen too. 
  • Screen cast – this is when you use video recording/editing software on your computer to record your computer screen. There are lots of different software tools you can use for this, I use Camtasia. I like this one because you buy it one-off and have it for life at no extra costs and you can download it on 2 devices. I like to have one on my desktop computer and one on my laptop for when I’m on the road. 
  • Mobile phone – smart phones now are excellent for recording tutorial videos. I use my mobile phone for pretty much all of my course filming now.

QUIZ: 

You could make fun quizzes so that your learners can test their knowledge at the end of your modules; or to ensure that your students have understood your course content. 

You can create multiple choice questions with one or multiple correct answers. 

These ‘formative assessments’ help reinforce what you’re teaching as you go along. Quizzes are also used to determine if you are teaching the content effectively.

If your learners are getting the answers wrong it could be your teaching or delivery methods that need tweaking, rather than an issue with the students’ competence.

MULTIMEDIA: 

This type of lesson is when you ‘embed’ an external website URL into the INSIDE of your online course. 

This can be great for embedding live webinars, videos that are hosted on other platforms, websites, surveys – basically anything with a URL so that they can access it without having to leave your learning area.

TEXT: 

This is one of my favorite lesson ‘types’ in learning platforms as it is one of the most versatile. These lessons have a window that looks a little like a Word document (to you as the course creator), and allows you to add videos, images, text, hyperlinks and more, all in one single scrolling screen lesson. This is the lesson type that I use the most so that I can add a range of accompanying support content with each video.

SURVEY: 

You can use surveys for all sorts of purposes such as collecting student information and evaluations before and after the course to learn more about them, what they want to get out of your course, what they learned, how they feel about your course and more. 

I personally prefer to use Google Forms to do all of my surveys and then insert it into my course as a ‘multimedia’ lesson so that they can take the survey right from inside their learning area.

PDF: 

You can save any document as a PDF and load it into your online school so that your learners can view it on their screen, even if they don’t have a PDF viewer on their computer.

This is useful for not breaking the online student experience as they don’t have to download it to view it – it just shows the PDF pages on their screen when they start that lesson.  You can also choose whether or not to allow downloads of the PDFs too.

AUDIO: 

The audio delivery method is perfect for learning on the go and many students love to have the option to just ‘listen’ to their training as they are commuting to work, at the gym or doing the housework.  

You could use this type of delivery method for sharing music, meditations, podcast episodes, language demos and much more. Simply save your file as an ‘MP3’ and press upload! 

You can also extract the audio from your videos so that students have the option to listen to your tutorials rather than just watching the videos.

DOWNLOAD: 

When learners have paid for a course, their sense of having ‘got value’ is significantly increased when they have something that they can physically hold, touch or use.  Not to mention, your kinesthetic learners will be hugely served.

This makes having file or document downloads in your course a popular option.

You can have students download any type of file or document, including worksheets, workbooks, guides, templates, videos, optional course material, audio files, images and much more. 

You can also add a video, text and images to your download lessons to teach the learner what they need to do with their download.

This means that you can first have a video to explain what the download is and how your students should use it, and then give them the download button in the exact same location.

EXAM: 

If you want to test your learners like timed exams, have retake limitations and varied question types, you can use professional exam tools such as Brillium which can integrate with a lot of online learning platforms.  

This is good if you are teaching a licensed or accredited program that requires assessments for successful completion.  

I wouldn’t recommend giving your students ‘exams’ unless they are essential for an accredited outcome – nobody likes an exam and it can detract from the learning experience if it’s not critical. Use quizzes instead if you want to test learning without the pressure.

ASSIGNMENT: 

Assignment lessons are great for any type of homework that you would like a student to submit to you for approval.

Now It’s Your Turn To Choose

Now that you have an idea of some of the different types of lessons/delivery methods available to you, go back to your Course Plan.

In the column titled ‘Lesson Type’, now write in what type of lesson each of your lessons will be – eg ‘Talking Head Video’, ‘Screencast video’, ‘Download’, ‘Text + video’ etc.

In my ‘Concept To Course’ program I take you through the delivery methods of your course and ensure that you have picked the right ones for your unique course topic and target market.

If you want to make sure that you get your delivery right (no screaming ‘i love yous’!), then make sure you grab one of the limited places today.

So there you go, you’re now another step closer to completing your course!

Tomorrow, we enter the ‘championship rounds’ as we begin the final 3 steps with Step 

8: Filming, Recording and Editing your Online Course.

Talk to you tomorrow!

Sarah x

Contributor name: Sarah Cordiner

Contributor website: www.sarahcordiner.com

Categories
Teamwork & Leadership

10 Ways To Lead With Humility

There are endless requirements of a leader, but one we rarely see on their job description is ‘must be able to lead with humility’, despite it being one of the strongest influencers on an organization’s culture.

Pope Francis believes that humility is one of the most empowering leadership qualities, stating in his book ‘Lead With Humility’, “If we can develop a truly humble attitude, we can change the world”.

When your own sense of self importance is reduced, there is space for everyone else to have importance too – and when people feel like they matter, they shine.

Therefore it is critical as leaders, that we keep an eye on our humility.

In this article I share 10 ways that we can lead with humility.  

The workplace can be a battle ground

In the modern day workplace there are endless provocations to ‘fight’ for an outcome, ‘defend’ your intellectual viewpoint, justify an action taken, ‘hustle’ to beat competitors, compete over limited resources to achieve KPIs and to maintain one’s sense of power and dignity in the often endless barrage of internal political power-struggles and personality clashes.  

Some days you feel like you are part of a winning machine that is sailing effortlessly towards a postcard sunset.  However the trap is that in these times of professional prosperity, we risk losing our humility by bragging of our success, or the onset of complacency and arrogance.  

Then there are other days, when you flump in front of your couch at the end of a long week feeling like some of your colleagues have been assigned a do-or-die mission by MI5 to sabotage and derail you by any means possible.

It is these days especially that leaders face the challenge of maintaining their humility as the temptation to defend yourself, assert your authority and do ‘what’s best for you’ to survive, can often drown the higher self, along with the ship you’re sailing.

Having humility is not a skill that we can learn.  As a noun, it is instead something that we must become – it is a way of being.

Who is the leader without humility?

Before we look at what leading with humility is, here are some examples of what it isn’t.

  • They are ‘proud’ and fiercely defend their pride
  • They are arrogant, egotistical and pretentious
  • They focus on the failings, weaknesses and shortcomings of those around them
  • They won’t admit their own weaknesses or shortcomings
  • They are defensive
  • They fight for their viewpoint, convinced that they are right and everyone else is wrong
  • They have an inability to use the word ‘sorry’
  • If anyone disagrees with them, they become hostile, irritable and negative
  • They generally have a negative outlook and complain a lot
  • They see problems and challenges as things to complain about or give to other people to fix, instead of seeing them as opportunities for advancement
  • They would be highly insulted and angry at the suggestion of participating in personal or professional development
  • They see themselves as ‘above’ certain daily tasks within the organization – eg you would never see them cleaning, litter picking, washing the dishes in the staff kitchen, manning a company stand at an expo, answering the main call line or escorting visitors to a colleague’s office.
  • They don’t do volunteer work, or participate in anything work related outside of their duty statement and contracted hours
  • They rarely say thank you or deliver praise for what has been done, but instead deliver criticism on what hasn’t been done.

Now of course dear fellow leader, none of these apply to you, right?!  

Our first step to having humility is accepting that it would be almost impossible for any of us to say that we have never been guilty of any of the above.  

Even if we did not commit any of the above acts of egotism with any conscious intent, if those we lead perceive (that is, interpret their own reality as to having had an egotistical experience of you), then you are still guilty.

10 Ways to Lead With Humility

  • Share the power

Having a formal leadership position does not make us better or more important than anyone else – in fact there is nothing that makes any single human being better than another.   

Respect is not something that we are automatically issued with or entitled to on the signing of our leadership employment contracts – everyone deserves equal respect and dignity.

Having a leadership role only gives you special ‘power’ that others don’t have, in the sense that you essentially have the pre-approved authority to sign some forms, and the joyful responsibility of going to jail on behalf of your organization if ‘it all goes wrong’.  

Our role is not about being better or more powerful than anyone else, but about using the authority our position has, to give everyone else genuine empowerment.

We can share our ‘power’ further by removing all ‘secrets’ from the organizational operations too.  If ‘knowledge is power’ then it must be distributed.

Do your middle management or ground-floor supervisors have knowledge of your annual budget?  

Do they know the details of your strategic plan, KPIs and objectives for the year?  

Do they know what partnerships, products or services you are developing?  

I have found from my own experience, that the more you give away, the more you get back.

With the obvious considerations of proprietary information and confidentiality, sharing information does the opposite of deducing your power.

  • Think and act on behalf of others instead of yourself

Having humility demands that we put our self-importance and pride aside, to quieten our egos and do the opposite of what our survival instinct forces us to do innately – look after ourselves.

CS Lewis said that “humility is not thinking less of yourself, it’s thinking of yourself less”.  

But in the modern day workplace, especially in leadership where your actions and competence is forever being judged by everyone, the thought of this can make leaders’ feel very vulnerable.

To have humility requires the highest level of self-confidence, as it requires us to put aside our own needs and instead only do what is best for others.

  • Give away the credit

Gifting the credit of achievements to others for something that you put hard graft into getting done in your organization is often seen as the ultimate injustice or ‘sacrifice’ by the less humble.

However, those with humility know that there is absolutely nothing worthy of celebration that can possibly be achieved alone, and that ultimately, the success of the organization is always a reflection of – and a credit to you – whether you get any overt praise for it or not.

Everyone has within them an abundance of unique qualities, skills, experiences, virtues and gifts and it is our job as leaders to always be on the look-out for these in action, and to celebrate and appraise them as they arise.  

  • Graciously recognize and acknowledge your mistakes and areas for improvement

A truly honorable, humble and courageous act of leadership is to acknowledge your errors.  Showing those above and below you that you have the self-awareness and emotional intelligence to graciously admit the times where you acted hastily instead of thoughtfully, responded out of emotion instead of reason, given misinformation, passed a poor judgement or simply have areas that could be improved upon, is one of the most rapid ways to create an environment where everyone feels safe to make mistakes, to continue to find ways to grow and to show them that you too are a human being.

Those who do not have humility, fear that admitting their weaknesses, failings, professional development needs or areas for improvement will somehow detract from their position of power or authority.  Showing your humanness, is showing humility.

Making mistakes can also be a good thing! In the book ‘59 Seconds’ Richard Wiseman claims that mistakes made by people of aptitude makes them endearing and more relatable.

  • Silence your own opinions to give a voice to others

This is extremely challenging in world where at some time or another we are provoked to defend our character, decisions, skill set or integrity.  This is all about putting the ego aside – that part of us which is designed for survival.

Accepting other people’s opinions and resisting the burning desire to say your piece (particularly when you have been criticized) is not being submissive or weak.  It’s an act of humility.

Some leaders refuse to listen to the opinions of others as if accepting them somehow minimizes their credibility or authority.  

Being a leader with humility means being constantly open to the fact that we might be wrong.  Our staff are the ones on the frontline in their respective departments each day, and so we cannot possibly always have the best insight into the issues they face and what the most ideal solutions might be.  If we want to improve the organizations that we lead, we need to be able to accept that those around us may just have the better ideas.

Best-selling author Mark Manson says that if you want to see positive change “you must be willing to ask yourself whether you are wrong time and time again”.

  • Ask how you can help

A big misconception that many have about leadership, is that the leader’s primary role is to dish out instructions and requests to the team.  But there truly can be no humility found in a leader who places herself above those who she is being paid to serve.

I believe that as leaders, our role is to help those we lead to do their life’s best work and to create an environment, equipped with the appropriate resources with which to do that.

Servant leadership is a philosophy of leadership which encourages the leader to share their power for the greater good of the organization and the people that form part of it; and we could all help more and ‘tell’ less as leaders.  

Pope Francis says “The one who rules must be like a servant.  If you change your view of your role as a leader – from one who gives orders to members of your team to one who serves your reports – you open up opportunities that did not exist before”.

  • Believe that everyone is inherently good and trust in others completely

The leader less actualized will believe that people should not be trusted until they have earned it.  

However, I believe that the leaders who build the most effective teams and the strongest cultures of collegiality, are the ones who trust completely without question, and continue to give everyone the benefit of the doubt until they unquestionably prove to have a meditated malicious intent.  

Anyone who is mentally healthy and emotionally stable would never intend to be cruel, disruptive or bad.  

Despite the fact that it can be hard to embrace this when we are faced with ever challenging colleagues, tough personalities and exhausting repetitive patterns of ineffective behavior from staff, it is important for us to remember as leaders that everyone is inherently good, but that they may need our help to overcome their adopted (often protective) behaviors.  

  • Accept the organization’s faults as your own

You may not be the CFO who cut the budget in half, or the Board Director that signed off on 40 redundancies, or the legal director who implemented the excruciating procurement policy – but as a leader, you ARE the representation of those people, their departments and the decisions that they made for the best interests of the organization.  

Leaders who complain about ‘the system’ are not leaders.  They are poison – and the problem.

As Mahatma Gandhi said, we must ‘be the change we wish to see in the world’.  

When we take on a leadership role in an organization, we take on everything that comes with it.  We become the representation of the organization. We don’t get to select the parts we want to be leaders of (the fun, rewarding and easy bits) and reject the bits we don’t like or are ‘too hard’.  

Although we can never change everything about an organization we are employed by – or even one that we own (such as legislation, law, client requirements etc), we can change our attitude to the elements that frustrate us and find better ways of working with them, rather than in rebellion towards them.  

As soon as we act as an enemy of the system by engaging in negative talk of the faults of the system, we switch from a leader of growth and development to a leader of an anti-establishment movement.

If the leader takes a position of helpless victim and critic of the system in which it operates, how can she expect her staff to adopt a positive, motivated and proactive attitude to finding opportunities for improvement?  

Just like Mumma used to say, ‘if you can’t say anything nice, don’t say anything at all’.  This doesn’t mean passively accepting dreadful practices, or putting up with inefficiencies.  The point is, that you can be an assertive and change-creating leader, without being aggressive, negative and poisonous to the culture.  

  • Assess, evaluate, and review, but never judge

Staff depend on us for feedback and depend on us to deliver it without prejudice or judgement.  Our staff shouldn’t have to wait for the formalities of an annual performance appraisal to find out whether they are on the right track, or that their output is way off course – they should have constant feedback to allow them to iterate and grow along the way.

Having humility doesn’t’ mean agreeing with everything or ignoring things that need to be addressed; but it does mean delivering feedback constructively and sticking only to the facts.

  • Balance personal and professional

Don’t forget to be a human.  Socialize with your team, let them see that you are the same as them, have the same problems, enjoy the same pleasures and want the same things for your family as they do for theirs.  Organize social events, team morning teas, staff family events, share your real and raw story of how you got to your position.

Yes, we have a certain level of professionalism to uphold at all times, however, that doesn’t mean ceasing to be an authentic human being.

In every conversation, email, letter, request and in-person interaction, we have the opportunity to either lead with grace and humility – engendering trust and empowerment in our workplace; or to allow our pride and ego to take control and subsequently annihilate our leadership future.

Humility does not demand perfection, it encourages us to have no fear of our imperfection and to not judge that of others.  

Whilst some will argue that the way of the humble leader is a sign of a weak leader, I cannot find reason to doubt that the maximum potential of a leader’s influence, derives from her ability to live and work in humility.

I certainly cannot claim to embody this way of being in my every-moment practice as a leader – there are many times that I have failed.  However, at my very core I try my absolute best, and that’s all you can do too.

Contributor name: Sarah Cordiner

Contributor website: www.sarahcordiner.com

Categories
How-To Guides

How to Cut Costs as a Small Business Owner

As a small business owner, it’s important to be mindful of your spending. Cutting costs is one way to help ensure the success of your business so you can expand into a major corporation like Black Tie Moving Here are some tips on how you can cut costs as a small business owner.

Review your business expenses and cut out anything that is unnecessary

The first step to cutting unnecessary business expenses is reviewing what you’re spending your money on. Take a close look at your past invoices and compare them to your budget. Are there any areas where you’re spending more than you had planned? If so, see if there are any cheaper alternatives. For example, if you’re spending a lot on office supplies, see if you can buy in bulk or find a cheaper supplier. Once you’ve identified areas where you can save, make a plan to cut those expenses.

Shop around for better deals on office supplies, insurance, and other services

Shopping around for the best deals on office supplies, insurance, and other services is not a luxury – it’s a necessity. As a business owner, it’s important to remember that even small savings from supplier negotiations can add up over time. Having the most suitable job supplies and services in place can make the difference between success and failure. Investing the time upfront in comparing prices, offers, and contracts from different sources can be well worth it in the long run – both for your bottom line and for your sanity! All businesses should spend time researching options regularly to get the most value for their money.

Make use of technology to save money – for example, using Skype for conference calls instead of renting a meeting room

In today’s modern times, it is easier than ever before to save money and increase productivity with the help of technology. Instead of renting a costly meeting room, why not make use of Skype, which allows you to have multi-party video calls for free? Aside from saving on real-world costs like rent, you can also reduce additional expenses such as gas for travel by conducting your meetings virtually. Have fun with your conference call – why not share documents over the web or even play games during break time from your home? The possibilities are endless when using technology to cut down on costs. Put those savings towards other important matters and increase efficiency into the bargain.

Consider hiring freelancers or virtual assistants instead of full-time employees

Hiring freelancers or virtual assistants can be an efficient and cost-effective way to accomplish work. Instead of investing in the traditional full-time employee model, companies may want to consider having employees that they onboard on an as-needed basis. This approach allows them to select tasks they need to be completed without having to bring someone into their fold as a permanent fixture. When appraising the cost of freelance labor, it doesn’t take long to realize that not only do you get more flexibility and scalability using this kind of model, but you also save resources such as office space, benefits, and training costs. Plus, both freelancers and virtual assistants often have much sought-after niche skill sets, which can open possibilities for organizations that had previously been out of reach or financially unfeasible. In short, utilizing freelance labor or virtual assistants is certainly worth considering for your business needs and goals.

Overall, reviewing your expenses is one of the best ways to save money in a business. Find areas where you can cut out costs and make use of technology instead of relying on outdated methods. With the right strategies and research, you should be able to save a significant amount of money for your business. It may seem overwhelming at first, but once you establish a routine for yourself, it can become so much easier. Be creative and shop around whenever possible – this could result in significant savings that you weren’t expecting. There are many ways to save money in any given business, from cutting back on supplies to getting better deals on services. Hopefully, this blog post gave you some insight into how you can save more money while running your business or organization!

Categories
Business Trends

7 Ways for SMEs to Grow Sensibly

The number of small businesses and SMEs has grown exponentially in recent years, and many are eager to grow further and monetise their success. However, it’s important to remember that growth isn’t a race – it’s a journey.

Growth needs to be approached strategically and sensibly if it’s going to be sustainable and profitable. If you’re an SME looking to expand, here are seven ways to ensure you’re growing your business sensibly.

1. Make sure you’re ready

Before you start thinking about growth, make sure you’re in a position to take the next step. Ask yourself some questions:

Is your business model working?
Do you have a stable customer base?
Are your finances in order?
Have you identified your strengths and weaknesses?

Growth should be based on a solid foundation, so make sure you have all the pieces in place before expanding.

2. Set realistic goals

Once you’re in a position to grow, make sure you set realistic goals. It’s all too easy to get carried away and promise too much, but this can be damaging in the long term.

Be realistic about what you can achieve and set realistic milestones. This will give you something to aim for while ensuring you don’t over-extend yourself.

3. Take your time

It’s important to remember that growth doesn’t happen overnight. It takes time to build a successful business, so be patient and focus on the long term.

If you’re in a rush to grow, you could end up making mistakes that could have been avoided. Take your time and make sure you get each step right before moving on to the next.

4. Invest wisely

You will inevitably need to invest in order to grow. But don’t just throw money at the problem – make sure you invest wisely.

Think about where your money will have the most impact and look for opportunities to give you a good return. The last thing you want is to waste money on something that won’t add value.

You should also think about the side effects of investing. For example, when you do grow, you’ll incur ‘indirect’ costs such as additional insurance premiums. Make sure you’re well on top of your numbers before progressing.

5. Monitor your progress

If you want to grow sensibly, it’s important to keep track of your progress. This will give you a good indication of whether or not you’re on the right track.

Create a system that allows you to track your performance and adjust your strategy accordingly. This will ensure that you’re always making the right decisions and heading in the right direction.

6. Stay agile

Growth is an iterative process, so it’s important to stay agile and be prepared to adjust your strategy when necessary.

If something isn’t working, don’t be afraid to change it. Don’t be scared to make mistakes either – this is how you learn and grow.

7. Seek advice

Finally, seek advice from those who have been there before. There are plenty of resources available to SMEs, so make sure you take advantage of them.

From mentors to industry experts, plenty of people can give you advice on the best way to grow your business. Don’t be afraid to reach out and ask for help.

Categories
Business Ideas

3 Easy Ways to Save More Money in 2023

The New Year is finally here, meaning that many people are beginning to create and attempt to follow their New Year’s Resolutions. One of the most common resolutions among people all around the world is to take control of their finances and save more money. Whether you’re looking to grow your emergency savings fund in 2023 or want to save up for a home renovation project like the installation of custom made bathroom cabinets,here are a few simple tips for saving money in the New Year that can help you keep your resolution and meet your financial goals.

Download a Cash Back App

One of the biggest ways to save more money is by taking advantage of cash-back opportunities at your favorite retailers. From grocery stores to bars and restaurants, many places offer customers the opportunity to earn cash back on purchases – which can very quickly add up, and translate to real money that can be added to your savings account. Apps like Ibotta and Ratuken can connect to your debit card and allow you to earn instant cash back on purchases from various retailers, which can then be easily direct deposited into your bank account. This is one of the simplest ways to save and earn additional money on necessary purchases that would be made anyway.

Clean Out Subscriptions

With so many subscription services available to consumers, it can be easy to lose track of services you are subscribed to that you no longer need. From streaming services like Netflix and Spotify to grocery delivery services like Hello Fresh, it can be easy to lose quite a bit of money each year on subscriptions. Use the New Year as an opportunity to take account of what services you are subscribed to, and consider unsubscribing to those that are unnecessary.

Pick Up a Side Gig

If you’re struggling to save money because you do not earn enough money at work to put much into savings, it might be time to pick up a side hustle. Whether you’re looking for an entirely new source of full-time income or just want to make a little extra cash in your free time, becoming a delivery driver or dog walker can help to put extra money in your pocket that can then be put in savings.