17 signs of a bad boss that should raise the alarm

17 signs of a bad boss that should raise the alarm

17 signs of a bad boss that should raise the alarm

June 29, 2024

Signs of bad boss

Dealing with a bad boss in the workplace is not just a challenge for the employees but it affects the entire organisation. So knowing how to recognise the signs of a bad boss is necessary in order to avoid a major disaster. 

There are two possible outcomes of seeing the signs of a weak manager and raising the flag:

  • It will be taken seriously, inspected and dealt with, or
  • Your claims will be dismissed and eventually, you’ll have to part ways.

Healthy organisations will recognise the threat that lies in having a bad boss and will take action to help them polish their leadership skills or show them the door. On the other hand, companies with a toxic culture will continue as if nothing happened and only make things worse. If you’re a mere employee, you better steer clear from such companies.

17 apparent signs of a bad boss

We already know the traits that make a good boss and business owner, but let’s take a look now at the indicator signs of a weak manager.

Not appreciative of employee feedback

One of the warning signs of a bad boss is that they don’t appreciate employee feedback. If an organization has no policy for employees to give anonymous suggestions or feedback to the highest on the pole then it is a clear sign that the management isn’t interested in it.

When employees ignore policies enforced by the management this implies that they’re in disagreement with the policies and apparently don’t respect the CEO or upper management.

Frequent turnover may indicate a problem with the management. If the salary is above average for the position and still the turnover is beyond the industry standard for that position you reasonably have a problem with the management.

Daniel Foley, CEO of Daniel Foley Marketing Agency

Having a lack of clarity

An alarming sign of a weak manager – lack of clarity. Clarity of purpose, mission, strategy and personal management philosophies are critical for success. A leader who lacks clarity, one who either changes his/her mind too frequently, one who is confused or lacks the fortitude to stick with the direction, will lead the company into the ground. Clarity of purpose and the strength to stick with it are indicators of sustained success.

Ravi Kathuria, Founder of Cohegic Corporation

Publicly criticising employees

One sign of a bad boss is when they give public criticism of their employees. While public praise can make an employee feel valued and respected, public criticism is just cruel. Constructive feedback should be shared in a private space, even if it’s something as small as a correction on email formatting. Keeping criticisms private shows respect for your employees as people, and will motivate them to improve.

Yuvi Alpert, Founder of Noémie

Excluding team members from meetings

A critical sign of a bad boss is that they exclude certain members of the team from meetings that are important for that person’s performance and to do their job to the best of their ability. The root of such behavior is insecurity. The person they are excluding is often perceived as a threat to the boss’ position, so they will intentionally make decisions that will sabotage the excluded team member’s success. They will also limit access to tools, information and even people in an attempt to sabotage the employee.

Michelle Horlbogen, CEO of The Gentlewoman Boss

Unhappy employees

The first sign of bad management can be seen through the reactions of the employees. If workers aren’t happy, this means that something is wrong with the management. When people constantly leave and resign, this is another red flag. No one wants to stay in a company that treats people badly. Also, when a company constantly gets in trouble, it means that they’re making the wrong decisions. This affects the employees as well since bad decisions can lead to a company closing in a blink of an eye.

Michael Humphreys, Founder and CEO of Z Grills Australia

Constantly micromanaging

In 2019, we lost close to $500K in revenue, which was attributed to lack of delegation. I used to follow up with each employee instead of allowing them to display their potentials and own the process. When I hired an independent HR to audit what was going on, my employees were not happy with my management style. And since we changed this, we have realized double-digit growth.

Today, we only set the overall company objectives and each employee is required to set their own targets and goals based on the company objectives. In this way, they own the process and feel proud of their achievements.

Ronnie Teja, CEO at Branzio

Bad task dissemination

An alarming sign of a bad boss is when he doesn’t know how to effectively manage his subordinates in terms of task dissemination. As a leader, you have to learn how to delegate tasks fairly and make sure that all employees comply with their assignments. An unfair workload may result in employees quitting their jobs and maybe resulting in burnout.

William Taylor, Senior Recruitment Advisor at VelvetJobs

Not respecting time off

When it comes to signs of bad management, as an employee, you should be alarmed if they don’t respect your time off.

To have your work done with the highest quality, the employee should organize their time efficiently. When they work in the office, they need to concentrate on their company tasks. However, each of us needs to maintain a proper life balance and keep track of our time off. Managers should respect that and make sure their personnel is healthy and well-rested. If they start calling you during the weekend and ask for some reports, that might be a sign that it’s time to quit.

Cristina Moraru, Digital Marketing Assistant at Media Training

Overpromising and underdelivering

One sign of a bad boss is overpromising and under-delivering. A good leader is fully aware of what is and isn’t possible and they do not make statements for the sake of manipulating, coercing or smothering their reports. Overpromising and not delivering creates mistrust and toxic work culture in which people normalize things like not meeting deadlines, unaccountability, and lying.

Paul French, Managing Director at Intrinsic Search

Focusing on the negative

A prolonged focus on the negative is one sure sign of bad management. These types of managers only focus on what’s not working instead of what is. By consistently focusing on the negative, these managers affect employee morale and tend to dismiss new ideas, thereby stifling growth. They tend to be dismissive of their staff and never offer warm or encouraging words of praise, often putting employees in their place. As negativity is their predominant attitude, they might also end up being sarcastic (which is not conducive for productive meetings) and might even engage in rude and insulting behaviour.

Donna Atanasova, Marketing Specialist at myPOS

Not listening to reports

When managers have too much pride and won’t listen to their direct reports, the lagging indicator is usually bottom line. Early indicators are volatile or rocky team meetings, especially if there are tensions boiling around seemingly innocuous discussions or simple decision-making processes. When employees find themselves in a situation with a manager who is unwilling to listen to feedback, regardless of where it comes from or whether this is positive or negative, it’s a sign of bad management as opposed to a reflection on the employee themselves.“

Markus Goess Saurau, Co-Founder of Sönd

Inability to motivate the team

One alarming sign of bad management is not being able to motivate the team. Often this happens from not having clear goals. The tram is wandering without purpose like in a swamp, not knowing where they are, where they want to go and what needs to happen to get there.

If the team isn’t excited about the product/service they create, about the process that leads to production, how are they going to motivate buyers and users? High-performance team is fired up. Not knowing how to fire up your team is a sign of lack of management skills.

Natalie Luneva, SaaS growth and team performance coach at Natalie Luneva

Low emotional intelligence

When a leader has low emotional intelligence i.e. is out of touch with themselves and the world around them, they aren’t an effective leader, but instead, a bad boss. This lack of self and social-awareness, curiosity, and self-confidence can be seen in their inability to listen, control their emotions, embrace humility over authority, and guide and empower their team and people through asking insightful (non-leading) questions.

Brittney-Nichole Connor-Savarda, Founder of Catalyst 4 Change

Unreached company goals

If the business is not reaching its goals most likely the management is faltering. There are a lot of moving parts with varying degrees of responsibilities and importance with goals and deadlines. If the team is experiencing so many drawbacks, this is likely trickling down from management.

Daniel Shapiro, Founder and CEO of Fourlaps

Not taking ownership of issues

The most common sign of a bad boss, in my experience: They blame others instead of taking ownership of issues.

As a manager, your job is to make sure the team functions successfully, and take steps to fix the problem when it’s under-performing. It may be productive to identify who caused an issue in the workplace, mostly so you can work with them and keep it from happening again, but it’s a red flag if the boss’ first impulse in response to a crisis is to point the finger instead of looking for solutions.

The real problem here is that the boss has the wrong mindset. They’re concerned with the appearance of success rather than doing the hard work of achieving it. Someone who wants the best for their team and company will do what it takes to improve it, and that means admitting their faults and owning up to their mistakes. Someone who gets defensive in response to criticism is more concerned with their own ego than the good of the team.

Matt Erhard, Managing Partner at Summit Search Group

Rejecting all ideas

You can tell you have a bad boss when they reject nearly all of your ideas. Dedicated team collaboration is the key to building something that lasts, and that collaboration is founded on great communication, mutual trust, and respect. If a boss refuses to consider any of their employees’ ideas, it shows that they lack the respect and trust necessary to build a strong team.

Vincent Bradley, CEO and Co-Founder of Proper Wild

Creates a toxic company culture

If your team just seems flat and uninterested in their work, that’s mostly because of the bad boss that creates a toxic company culture. When many businesses think of toxic cultures, they immediately assume it’s all about high staff turnover and high conflict. But in truth, many toxic cultures are actually flat and see teams just coast in their roles rather than take an active interest.

The low-energy toxic company culture can see teams with no enthusiasm about the product or service you provide, let alone your customers.

Lizzie Benton, Founder and Culture Consultant at Liberty Mind

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10 marketing automation examples businesses must know

10 marketing automation examples businesses must know

10 marketing automation examples businesses must know

June 29, 2024

Marketing automation examples

Marketing automation continues to push forward its influence on digital marketing and when utilized in the right manner, it can be largely beneficial and valuable method that can assist businesses in creating increased web traffic and leads

Now, this is something that will eventually lead to increased sales volume, while also reduce unnecessary headcount or redundant activities. 

But how big of an impact can marketing automation possibly have? A study from Forrester reveals businesses investing in marketing automation tools are predicted to reach a growth of $25.1 billion by 2023.

Marketing Automation graph

10 marketing automation examples

For those B2B leaders keen on investing or considering marketing automation, here are 10 marketing automation examples worth reading through (and possibly adopting in the future!)

Lead nurturing and email marketing software

About 96% of website visitors come unprepared to buy and when these new leads enter the system, how can one ensure they become acquainted as customers?

Well, most companies handle this by hand, but it mostly results in multiple phone calls and email correspondence. However, the loophole in this procedure is automating those email correspondence along with other tactics.

Lead nurturing with marketing automation example

As marketing automation utilizes email sequences for informing and educating those leads, it enables you to add sales-focused materials and move them closer to sealing the deal with email marketing.

Centralize social media via automation

Mapping out various asset publication over several media channels can get quite messy, particularly in the absence of a centralized tool for managing those channels and assets. 

This is exactly where social media automation helps in saving tremendous time and provide consistency across those social platforms for your business as many of its tools can proactively monitor your brand mentions and/or alert you of interesting topics. If you want to easily manage your social ad campaigns on Facebook and Instagram we suggest to utilize some kind of PPC management software like Adplorer.”

Hence, the presence of an automated tool for scheduling and publishing content across various, if not all social media platform remains unmatched.

Onboarding new customers 

A concerning task for SaaS companies is getting those trial and fresh customers to understand your software and integrate it well into their business plan

Through marketing automation, you’re able to send off a chain of automated emails that walk the customers through the use of your product and offer reliable advice to help them maximize their investment. Onboarding doesn’t just mean integrating a few features; it requires a smart, structured approach. One powerful method is using client onboarding SAAS to streamline this process. These tools guide new users through your software’s capabilities, ensuring they transition from novices to proficient users effortlessly. For SaaS businesses targeting expansive growth, it’s crucial to optimize customer experiences right from the first interaction.

Onboarding email sequence

Buyer intent engagement

Another instance of marketing automation executed fluently is engaging with companies and contacts with an interest in your products/services through an automated manner. 

This leads us to buyer intent vendors. These vendors look for trends within the web behavioral organization to detect variances in comparison to historic trends. 

There are several vendors found within the buyer-intent space and when utilized properly, it can require minimized human interaction while producing increased results.

Action-triggered notification on sales

It’s no surprise that certain web pages are visited by leads that share a high interest in your product and these pages could be anything from price page to terms and conditions. 

Visits to any of these pages could indicate a possible purchase from the customer’s end, hence, failing to contact them during this time can result in a huge missed opportunity.

By utilizing emails to contact leads that visit your page with sales materials, it helps your business to familiarize with buy-ready prospects and capitalize on that.

Reducing churn rate via automation

For SaaS or other companies with monthly product subscription, churn remains a serious issue as securing continuous customer subscription is incredibly essential for growing a stable and reliable revenue stream.  
Companies in the field are fiercely competitive, all vying for valuable B2B partnerships which can be made easier by implementing a SaaS SEO strategy. This will allow you to grow leads, generate sales and improve online marketing funnels.

As customers often cancel subscriptions for various reasons, automating the questioning process when they cancel helps in reducing your churn rate.

Effective tactics used to reduce customer churn

Offering a discount to those that cancel is a great start for reducing the churn rate and let’s not forget, it’s an excellent automation task as handling it by hand is extremely time-consuming. 

Managing CRM data

Clean data is extremely vital for maintaining effective marketing campaigns, however, CRM database gets messy in an instant – this is something marketing automation tools can help out with. 

Such an automation tool is offered by our member ZoomInfo. Their tool automatically updates or appends the CRM records based on your specified rules. With clean data, sales and marketing teams can interact at the right time with the right crowd.

But there are several data fields you should keep intact, such as contact and company owner, phone, lead source, company revenue, and employee count, etc.

Referral marketing and B2B customer retention

Referral marketing is no doubt the best source for many companies to garner new leads. After all, nothing can beat the legitimacy of a product recommended by a trusted friend/source. 

So, why not automate those mundane tasks involved in performing referral marketing operations? You can offer discounts for customers that refer to products and track those referrals through automation.

While promoting referral program via regular broadcast emails helps in informing new customers about the program and its benefits.

Relevant content

For leads that are already interested in your product/service, the key to keeping them further engaged is ‘relevance’

As such, automating the dispatch of relevant content is worth the keep as it educates them and narrows the amount of information they receive from your end. 

By blocking out other emails and putting more focus on the product/service of their particular interest, you’ll be able to rope them in and move them further down the tunnel while qualifying their interest.

Automated website live chat

Live website chats are great for capturing leads, but a recurring issue here is employing someone to oversee the live chat. Now, for those with an existing hectic customer support team, this will surely take up enough time to hinder daily duties.

However, thanks to marketing automation, today various solutions enable B2B businesses to maintain a beneficial live chat without hiring employees to oversee it.

Take, for example, the Collect.chat tool that provides customers an automated interaction with your company and connect them with your customer support reps. 

Conclusion

While marketing automation remains highly successive for B2B businesses, it’s essential to have a clear understanding of your buyers and putting up content that resonates with such an audience.

Because this is something that will ultimately define the success and reliability of marketing automation for your brand. 

Hopefully, with the marketing automation examples provided, you’ll now have a profound insight into how marketing automation can be efficiently utilized to drive success for your business.

CRM Data Management-test

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How to build an effective CRM strategy for your business?

How to build an effective CRM strategy for your business?

How to build an effective CRM strategy for your business?

June 29, 2024

Effective CRM strategy

In this era, people have knowledge about digital platforms and are well aware of all the techniques followed by businesses. This is the reason a power shift has been made from companies to the customers. Now, it is very essential for businesses to create or modify strategies that can manage the customers and the problems faced by them. So, a CRM strategy has been introduced for maintaining a good relationship with the customers

CRM stands for customer relationship management and it is very essential to implement it by all business owners.

What is CRM strategy?

The customer relationship management strategy, aka CRM strategy, focuses on transforming every prospect into a client on the basis of every piece of conversation and communication with them. This method has encouraged good communication with the clients and help in solving their problems related to the services in their field of business. It helps to interact more with the audience and achieve their target and goals.

The benefits of CRM when applied multi-level

The CRM strategy should be applied equally and followed in all aspects and business levels if you want good results from it. All the departments have to equally follow the website marketing strategy to make it work efficiently for your business. 

If you are able to follow the strategy properly, you will be able to experience the benefits of customer relationship management soon enough.

  1. It will help to reduce the cost of customer acquisition.
  2. It will increase customer loyalty and lifetime value.
  3. Decision-making will be done on the basis of precise data, so no need to fear decisions.
  4. Enhances forecasting and communication with the clients.
  5. Enhances efficiency in marketing.
  6. Boost sales volume.
  7. Better visibility in execution.
  8. Reduce the volume of email

All these are the benefits of CRM when applied ideally. If you are unable to follow it, you have a high chance of risk and disadvantages in your business.

  1. With a lack of communication, customers can feel dissatisfied and might not like to trade with your organization.
  2. If you are not able to communicate properly with the prospects and audience, you will not be able to cross-sell or upsell your services and goods. Missing such opportunities directly refers to lesser profits.
  3. You will be unable to attract a new audience and retain the older ones.

You will lose in the competition in your field and your brand awareness will become low with time.

CRM strategy best practices for maximum effectiveness

All of the above-mentioned factors make it clear that it is very important to develop a CRM strategy for your company. According to research, it is stated that most of the business will struggle in building and developing a CRM strategy that can be proved efficient for your business. 

Set a goal

It is very important to have a clear vision so that you can set goals and achieve them with the help of your CRM strategy. Your strategy can be designed and developed in such a way that you are able to meet up your goals and measure your progress easily. You can check metrics for measuring progress for different factors and accordingly reset the goals. 

Your ultimate goal should be clear in your mind and CRM strategy should be designed accordingly. It should also be designed keeping in mind the customer experience as it plays a major role in making a business successful. 

Synchronise the CRM strategy with other strategies

An effective CRM strategy should show progress in every quarter of the business. It should determine the scope in every single phase so that the wholesome goals can be achieved. This strategy should actually act as a roadmap that makes a positive impact in every business process.

CRM strategy focuses on strategic goals for example better efficiency in marketing and increasing customer’s long-term value. However, the companies have other corporate strategies that focus on boosting revenue growth and providing a good experience to the customer. These strategies focus on different factors for achieving the goals for the company. But, it is very essential that both of these strategies align and complement each other. The CRM strategy should also focus on corporate goals for fulfilling your goals. If your CRM strategy is not able to address the corporate goals, it is very difficult for your business to sustain. 

Check and examine existing data

The existing data plays a great role in developing a CRM strategy as it contains all the details about the customer choices and their experiences with your company. It helps to get insights into customer’s journey and based on that journey and experience, analyze their personas. Data analysis also helps you to understand the problems faced by the clients while trading with your company. Now, you can improve and work on such problems so that the new clients don’t have to face the same issue.

You can segment customers into different groups based on their experiences with your company. Dividing the audience into different groups will help you to initiate a conversation differently and target them according to their choices and demands. Regular customers can be given more preference and can be given special discounts for keeping them connected. 

Provide effective support channels

The main aim of a solid CRM strategy is to provide support channels and communicate more and more with the audience. Communication with the audience helps in encountering the problems faced by them.

When you listen to your client’s problems and try to solve them, your customers will be satisfied with your services and stick by you. One of the methods of support channels is to create an option of live chat which will provide customers with instant solutions to their problem. It also helps in increasing conversion rates. Other than this, you can also go for social media channels for solving issues faced by customers. The method is not important, listening and solving customer’s problems is what is needed the most.

Use the best CRM software

Most of the companies often select inefficient CRM software for their business and regrets their decision later. It is very important to research and gather information about the software you choose. Good CRM software is one that integrates with your business operations and works efficiently for your work. You can also compare and collect data on the software used by your competitors. 

You can also check reviews and experiences of the other customers by visiting the forums for choosing the perfect CRM software for you. CRM software uses CRM strategies for getting good results in their business. An ideal CRM solution helps to manage the communication and interaction with all the customers through a digital platform.  

Different CRM software is available in the market, you can get into the details and research each one of them. Research as much as you can but ultimately choose the one that fits best for the operations performed by your company. Always remember that your CRM software should provide you with good results in every field of the business. 

Sometimes, a company is not ready for a CRM strategy and does it in the wrong way. Here are some warning signs that define if your company is ready to develop the strategy and what needs to be done in the case it isn’t:

  • If you are not able to make long-term investments and are not able to process and work that way, you should first do a good job on CRM projects and learn.
  • If your company is not able to achieve the strategic goals even after the proper execution of all the strategies, then you should try to focus and learn about tactical gains.
  • If your company lacks in the integration of data and is not able to clear up the databases, then you should try to limit the dependencies from external data and go for outsourced services.
  • If you have numerous CRM solutions, and support systems and it gets difficult to manage the overall strategy, then you should reduce it for fewer business units.
  • If an external competition is going on between VP’s of different departments, then you should limit it to a single domain.

Improve Business Workflow With CRM Integration

When you use CRM integration correctly, it can become one of the most powerful tools your company can have.Building relationships that cater to the wants and needs of your customers is never done by accident. It takes time and effort, but it is the most important part of your business.

CRM integrations streamline your email and social media marketing, your leads and customer contact information, and your sales process. The quicker you simplify things, the faster you can grow in other areas of your business that demand your attention.

You can start with automated emails, social media engagement, and SMS promotional campaigns to get more eyes on your new product line after a launch for example. You can craft pre-written emails to save time when sending out reminders to prospects about new offers. Set them up once and that’s it.

CRM software allows you to laser focus on targeting new leads and prospects, while strengthening existing relationships at the same time. Integrations help you use the customer qualities you find to your advantage—with little to no effort. You will instantly improve your workflow by knowing what to focus on, and removing manual errors in the process. That’s what makes CRM integration so worthwhile.

Conclusion

Developing a CRM strategy is a very important aspect of business no matter which industry it belongs to. It helps to interact and communicate with the customers in a proper way and provides them with solutions to their issues.

Technological advancement has made huge progress and made it an important key factor of success for all kinds of business. In order to sustain a business, it is very essential to adapt to these modifications. Along with the time, CRM will implement various changes for making a good impact in business and helping it to grow. If you want to increase sales and increase your conversion rates, you should definitely follow these tricks and increase conversion rates for your business.

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30 small business growth tips that have been proven effective

30 small business growth tips that have been proven effective

30 small business growth tips that have been proven effective

June 29, 2024

Business growth tips that have been proven effective

Even if you’ve only just started your entrepreneurial journey, it’s natural to contemplate small business growth. After all, no one opens a business without the intention to scale. Having a growth-mindset has proven to be an instrumental trait for success in entrepreneurship.

This doesn’t mean that all small businesses should become large corporations one day. It just means to maximise the company’s potential and stabilise revenue. The following small business growth tips will give you an idea of how you can do it. It takes action and constant effort to take your business on the next level. 

Customers and clients won’t come knocking at your door if you don’t show them the door, and more importantly, what’s behind that door.

 1. Don’t give up

 2. Automate with technology

 3. Customer-focused mindset

 4. Focus on one lead source

 5. Listen to your customer

 6. Keep innovating

 7. Reflect on your marketing actions

 8. Detach yourself from day-to-day workings

 9. Invest in your team

 10. Personalise the customer’s experience

 11. Find out who your ideal client is

 12. Start with organic marketing

 13. Find a mentor

 14. Learn from your most loyal clientele

 15. Collaborate with other businesses

 16. Focus on your vision and goals

 17. Delegate work

 18. Keep a rolling budget

 19. Retain existing customers

 20. Cut costs wherever possible

 21. Take calculated risks

 22. Build a marketing strategy

 23. Prioritise opportunities

 24. Have realistic goals

 25. Be committed to growth

 26. Go online

 27. Create a financial forecast

 28. Develop profit-improvement strategies

 29. Leverage digital marketing

 30. Go extra miles for your customers

30 unique small business growth tips

Many of these unique small business growth tips look obvious and intuitive but it’s safe to say our brains often ignore the evident and try to overcomplicate things. So let’s see how many of them you’ve already implemented.

Don’t give up

Don’t quit. You may not be the biggest, most unique, or in-demand product or software, but you have the drive. Stay driven. Utilize technology when you can to automate your workflows, and get yourself a team of mentors. Just don’t quit.

Guillermo Gette, CEO at Workast

Automate with technology

Use technology to your advantage to automate manual or repetitive processes. There are great tools like Zapier and Glide Apps to automate repetitive tasks and help you keep track of everything that is going on in your business.

Jesus Vargas, Founder of LowCode Agency

Customer-focused mindset

My number one tip would be to think about your customers and put yourself in their shoes. Ask yourself questions like what does my product/service do/what problems can it help them solve? You need to have a customer-focused mindset and focus on both attracting and retaining customers.

Jacob Dayan Esq, CEO and Co-founder of Community Tax

Focus on one lead source

My number one tip for business growth is to focus on one lead source/marketing avenue at a time. There are so many ways to grow a business, whether it be through online advertising, direct mail, or partnerships. However, because each lead source is different, you need to dedicate time to learning the ins and outs of each one. If you focus on too many lead sources at once, you won’t be effective at any of them.

Filip Duz, Owner of Giraffe Window Cleaners

Listen to your customer

Proactively approach your existing customers and ask them what current pain-points they experience, what needs they have, which products or services they wish they had. You already did the hardest part – acquiring a loyal customer. There are likely tons of opportunities to up-sell or cross-sell them new products and services that would make them even more in love with your business while helping you grow faster! 

Julia Lemberskiy,  Co-Founder and Managing Director of JJ Studio

Keep innovating

Never stop innovating should be the constant organizational theme. By staying ahead of the curve and creating a distinctive niche in the marketplace, that alone should generate a competitive advantage while better serving the needs of clients and prospective clients. Effectively marketing one’s unique selling proposition while always under-promising and over-delivering is then expected to produce exponential results. 

In other words, an effective organization is always exceeding expectations with a high-touch client experience that generates repeat business and future referrals, thus, minimizing acquisition costs. And at the same time, there should be a keen institutional focus on promoting underlying brand values both internally and externally in order to create a positive culture that fuels continued growth.

William Scott Goldman, Founder of Goldman Law Group

Reflect on your marketing actions

When a business owner comes to me for business growth advice, the first thing I encourage them to do (and share with me) is to reflect on what they’ve already been doing to market the business – sometimes that honest review shines a light on opportunities and weaknesses. Both are areas to improve. From there the business owner can set specific goals. 

With that evaluation in tow, my advice is consistent: seek out more ways to educate their audience with their marketing and storytelling. Finding ways to show-not tell and to add value for the audience – without asking for the sale. It may seem counterintuitive to give value for free but it is a winning strategy that I’ve seen pay off many times.

Stephanie Riel, Founder of RielDeal Marketing

Detach yourself from day-to-day workings

When it comes to growing a business you’ve got to allow others to carry some of the load for you, which is hard when you are building your vision. You need to invest in good tools that free up your time, like an automated CRM platform (we use ActiveCampaign), a kick-butt PMS (try Teamwork), and a rock-solid Invoicing/Billing System (QuickBooks or Zoho). Look for cost-effective ways to hire enthusiastic superstars that are self-lead (remote staffing companies can be a good way to find an affordable helper). You also need to have an accountant that aggressively looks out for your business. 

The overall goal is to detach yourself from the day-to-day workings of your business so that you can build the free time needed to work ON your business instead of IN your business.

Cindy Moore, Managing Member of Senioridy LLC

Invest in your team

One of the best investments a small business owner can make is in their team because businesses do not scale without an efficient, gritty, multifaceted team. This means investing in educational/professional growth, prioritizing work-life harmony, host team building events, among other things.

When done effectively, this can retain great employees, increase performance, and creates a collective vision around the organization you’re trying to build.

Joel Keylor, CEO of Tresle Inc.

Personalise the customer’s experience

The trend of personalization continues to be a driving force in marketing strategy. Consumers have come to expect personalized experiences across channels, and brands must continue to implement data-driven personalization into their communications strategy at every level. Brands like Amazon, Starbucks, and Netflix get the most from consumer data by creating a customer experience built around the unique personality of each user.

The quest in 2021 continues to be finding innovative ways to merge personalization with segmentation both on a granular level and at scale while addressing a growing concern for consumer privacy. Keeping up with shifts in messaging delivery is another challenge, and machine learning software may be the key to fine-tuning relevancy for targeted personalized B2C campaigns.

Campaigns that hone in on what really matters to your customer base will continue to build that priceless loyalty needed to maintain a competitive edge. To master personalized messaging you have the power to speak to each unique customer with one process aided by automation.

Darren Litt, Co-Founder of Hiya Health

Find out who your ideal client is

To grow your business, find out who you serve, what they need, and how you can be their hero! Sometimes, entrepreneurs get hung up on being the best they can be and doing the work that’s self-satisfying but in order to grow, you must be solving a problem for your customer or client.

You can learn more about your ideal client by doing some soul-searching and studying. I always like to understand my client’s journey. Where did they start? What questions do they have? What roadblocks will they face? That’s where I start to relate to them and I jump in to save the day mode. You must find out where your client’s been, where they want to be, and what you’re going to do to get them there. 

The more you can understand your client’s journey, the better you can help them, and the more they’ll want your work.

Liz Illg, CEO of Liz Illg Consulting

Start with organic marketing

My advice to new small business owners is to find what works organically before paying for traffic. Understanding SEO and the keywords that tend to create a higher conversion rate will give a great foundation to build an advertisement campaign around.

Ben McLaughlan, Owner and Founder of Easy Mode Media

Find a mentor

I do invest time and money with mentors. There’s no other way for you to learn best practices but to be mentored directly by experts who can guide you on your skills-building goal. In my case, I continue to consult with my business mentor who’s been so kind to provide me with his opinions on what I do in terms of investing, sales, marketing and customer relations during this pandemic season. So far, I’ve been learning a lot and applying these lessons to my business.

Matt Rostosky, Owner of Cashofferky.com

Learn from your most loyal clientele

Amongst your existing customers or client base, find those who spend the most, complain the least, and refer new business to you. Then phone or email to ask them directly “What is better about us than our competitors?” They’ll quickly tell you your strong points and your advantage – the reason they choose your business.

Use that as a blueprint to craft your message to the market. Maybe you take it to the market at scale – outbound cold contact, or social campaigns. If you have a sales team, give them the cheat-sheet you’ve gained from your customer base, and go forth and multiply!

Ben Hirvi, Founder of Lead Commanders

Collaborate with other businesses

The most important way for small business owners to get exposure and expand is to not shy away from collaborating and working with others. Reach out to your peers in the industry rather than treating them as the enemy— it goes a long way.

Chris Vaughn, CEO, Founder of Saucey

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Focus on your vision and goals

A clear and meaningful vision empowers you to overcome the inevitable obstacles that challenge your growth.

Goals are the targets we aim to achieve our vision. Goals must be well defined, measurable, and time-bound. Break each goal into three parts – a goal you must do no matter what, a goal you know you can do, and a challenging goal.

Following this framework lays the path for growth in your business.

Blake Bobit, Founder of Solution Scout

Delegate work

Delegate, delegate, delegate. Don’t do everything yourself. As soon as you can afford it, outsource or hire people to work for you. Your business can’t grow if you do everything yourself. Don’t be the bottleneck.

John Jonas,  Founder of Onlinejobs.ph

Keep a rolling budget

Learn to keep a rolling budget and forecast for your business. It is easy to want to be extremely strict and rigid with your budget but, try as you may, you simply cannot expect the climate of your business to align with your predictions so make sure to allocate for both positive and negative fluctuations.

Benjamin Smith, Founder of Disco

Retain existing customers

The ability to retain and expand existing customers helped us as we didn’t have to depend on significant new business during COVID. Our operations could look into data and find customers who we could expand, customers who we could retain, and customers who we could offer free trials for a limited time. This significantly cut our costs on lead generation in times when there were none.

Rishi Kulkarni, Co-Founder and CEO of Revv

Cut costs wherever possible

Always aim to cut your costs when you can. Overspending is one of the main hindrances of small business so make sure to critically analyze your outcome and make it your goal to minimize wherever and whenever possible.

Roy Ferman, Founder and CEO of Seek Capital

Take calculated risks

Choose your risks and make them calculated. No one grows from their comfort zones. All business have risks with their first steps, if you don’t want to get out of your box, you’re not going anywhere. Every success started with these but not all are worth it, not everything brings fortune. So choose what you’re going to venture into. After putting up a goal, plan it out. Risks without calculation are suicide. Don’t rely on your good luck, instead sharpen your eyes to foresee possible roadblocks and plan ahead for their solutions.

Owen, Digital Editor at ODDigital

Build a marketing strategy

The best piece of advice I can give you is to build a solid marketing strategy. Your marketing strategy is like a battle plan. Have you seen any military force going into battle without a plan? I certainly haven´t! So, it makes sense for your business to go into the marketplace with all the ammo it can get and that starts with getting crystal clear on your buyer personas, your potential customers, essentially.

You and your team need to know their average day, pains, desires, where they hang out online, how they make decisions, what can prevent them from making decisions, etc. Market research is vital to the success of your small business, it’s not sexy like the latest marketing tool but without it, your enterprise is dead before even stepping into the battlefield.

Pedro Campos, Founder at Advertongue

Prioritise opportunities

Your growth problems may not be what you think they are. While more top-line growth is important, operations can significantly contribute to profitability. Look at your entire business holistically and determine where the greatest opportunity exists to make an impact. Prioritize the opportunities, then determine the best way to tackle each one. If sales growth is your biggest concern, research unsaturated channels and mediums so you can achieve lower cost amid reduced competition.

Jon Robinson, Founder of Second Eclipse

Have realistic goals

My advice to small business owners looking to grow – make sure your goals for growth are realistic. There is such a thing as growing too quickly! You can’t climb a mountain in an hour, and you won’t grow your business overnight. Instead, work out what growth looks like for you – whether it’s rolling out a new product line, expanding your workforce, or simply increasing revenue – and work backwards to map out mini-targets on the path to your overall goal. This approach helps to keep you focused, enables you to manage the growth sensibly, and recognizes the importance of small businesses by preventing your business from accelerating faster than you or your staff can handle.

Tom Dempster, Operations Director at True Boost Digital

Be committed to growth

Growth comes from clarity of direction, truthful outcomes, and taking the action to produce them. The first thing is that to grow, we have to be prepared and committed to growth. Commitment to growth means that there will be uncomfortable as well as happy and excited stages during this period. Clarity and commitment to the outcome is a must. After that is established, then a growth plan must be created, adhered to, and have a strong feedback community and accountability group.

Doug C. Brown, CEO of Business Success Factors

Go online

My advice for growth is to turn your business online without hesitation. You have ridiculous fees to get a boutique online compare to a brick and mortar shop, you can have double-digit year growth during years to come from SEO marketing (personally I aim and reach 30% growth a year for my own business), you are open 24/7 all year long with or without the pandemic situation, and the SEO marketing efforts you will make in 2021 will still serve you as far as 2026 and after, so this is the best long term effort you could make for growing your business.

Nicolas Tranchant, Owner and CEO of Vivalatina Jewelry Brand

Create a financial forecast

Growth is hungry and the fuel that it needs to grow is cash and/or access to capital. Cash is the lifeblood of a business and without it, a business can go under in as quick as 90 days. A business owner who is looking to grow should create a financial forecast that includes a proforma income statement, balance sheet and cash flow forecast. Ensure that it is based on appropriate, not optimistic assumptions. Make use of a professional to help with this if/as needed. From there, secure the cash or access to capital that is needed to support the cash flow shortfalls during growth. Increases in accounts receivable or inventory should be considered investments as they tie up cash.

Tracey Bissett, Chief Financial Fitness Trainer at Bissett Financial Fitness Inc.

Develop profit-improvement strategies

Ensure you have the right strategies in place and focus on the profit centres in your business. Actionable steps need to be taken to increase business revenue and maximise value. Look into your current situation and develop profit-improvement strategies that are tailored to your needs such as:

  • removing unprofitable products or services and only concentrate on those that are profitable;
  • review your pricing and adjust to meet demand;
  • increase your target market though getting new customers can sometimes be more expensive, ensure you manage to still retain the customers you have through innovation, incentives and more;
  • reduce your overheads by doing stock control and by reviewing where your greatest expenses are and how you can improve that by upgrading, automating or cutting back.

These four practical ideas will help SMEs to achieve business growth. 

David Toby, Director at Pathfinder Alliance

Leverage digital marketing

One of the easiest and most efficient ways of reaching a broad audience nowadays is digital marketing. I advise all business owners to make a good marketing budget that will allow them to advertise on multiple platforms. Social media marketing gives very good, fast results as well as Google ads or Youtube advertising. Of course, the type of ads will depend on the nature of a business, but this is the recipe for quick growth. 

Another great thing about digital marketing is the option to adjust the audience specifics based on the results you see in real-time. There’s no need to wait for complicated reports when you can access analytics and see all of the metrics at once.

Nick Chernets, CEO of Data for SEO

Go extra miles for your customers

When you listen to your customers and give them more value than they expected, they’ll start talking about your business. They would say “Wow!” if you provide great service by going the extra mile or adding value to their lives in some way. 

People love to talk about how they got amazing service from the grocery store or their mechanic. They would definitely share it with their friends. Word of mouth is powerful. When people start talking about your business, you’re getting free exposure and free advertisement. And it’s likely you’re also getting referrals. 

Moreover when you’re a small enterprise, producing customized items is one of the key growth channels. Use custom product packaging to your advantage, but you will need to experiment with each product and service line to find out what works best for your business. A lot of times, different regions have different tastes.

So, start by figuring out what your customers would really appreciate. Ask them if they need any improvement in your products or services. Look at what competitors are doing. Look at what businesses in different industries are doing. Then do something and see how your customers react.

Ben Simon, Marketing Manager at Finesse Literary Pass

Conclusion

It’s safe to say many of these small business growth tips revolve around customers. That’s no news, considering that customers are the backbone of every business. You can have the most amazing product in the world, but without no one to buy and use it, it’s all in vain. Nevertheless, growth requires constant action, analysis, and innovation.

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