DIGITAL STARTUP SOCIETY BLOG

If you want to have a resilient business, you also need to be a resilient business owner who is not afraid to lead. If you look at the synonyms of resilient, you’ll see words like flexible, durable, robust, and strong – but what makes someone meet this ideal? Let’s explore the key characteristics of a resilient business owner.    Knows Their Own Principles, Morals, and Values  It may seem simple, but not everyone really knows themselves this well. Most of us grew up being told our principles, morals, and values instead of figuring it out for ourselves. This issue can...

Building resiliency into your business has as much to do with the business as it has to do with you. The more flexible you are in your personal life, the more positive you are about your situation. The more organized you are, the easier it is to be proactive instead of reactive, automatically increasing your resistance to loss at home and in your business.    Be Positive  Being positive isn’t about having a sunny disposition despite problems. It’s about being realistic and acting in accordance with your principles, morals, and values while seeking to meet the goals of your mission...

It can be overwhelming to think about using expert software or outsourcing to experts because it can be expensive. If you’re not earning a profit yet and just starting, all the choices can seem overwhelming.    One way to build resilience into your business and prevent continuing with an employee mindset is to use your budget along with benchmarking to signal the beginning of the next step on your path for success.    Most online businesses need the following:  A Website  Autoresponder Software  Scheduling Software  Landing Page Software  Contractors and Freelancers Project Management Software Social Media Platforms Payment Processing Advertising...

You may have noticed during your disaster planning that some disasters, like data loss, can be prevented and avoided. The same can be said for most issues, especially those internal that you have 100 percent control over. The act of creating a continuity plan will make for a much more resilient business because it’ll actually help you avoid many bad situations.  Buy the Right Insurance – Depending on the type of business you have, you can actually insure for many unexpected and possible problems. For example, if you live in a flood zone, not buying flood insurance for your home...

Making schedules and sticking to them may seem tedious, but the truth is, a realistic schedule is the one thing that is going to ensure that you reach your business goals. But so many new small business owners who come from an employee mindset find it difficult to create and manage their schedules.  New business owners are so used to someone else telling them what to do that having complete control over the schedule tends to make new startups anti-scheduling, which is a big mistake.    To create workable schedules: Be Honest About Who You Are – Are you a...