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10 Small Business Ideas to Help you Succeed.

  • May 21
  • 1 min read

There is no magic potion for small or micro business success (micros are small businesses with 0-9 employees) but there are some critical elements that make all the difference.


Given that around 60% of small (micro) businesses fail in the first 5 years, it's worth learning quickly what are the building blocks for success.


Here are 10 quick headlines to help you succeed!


  1. Understand why your business exists and connect all that you do to its purpose.

  2. Make a business plan that is an every day, usable document that you evolve regularly to manage change.

  3. Understand what the real value is in what you offer.

  4. Remember experiences over 'stuff' always.

  5. Understand who your customers really are. Hint: not anyone who pays!

  6. Become a cashflow expert.

  7. Spend as much time as you can hanging out with other micro owners.

  8. You can do anything but not everything, so choose wisely.

  9. Get help early.

  10. Fail fast and keep learning, even 20 years in.


If you're starting out on your business journey or have maybe been in the game for years, but want to a community to work with and lean on, then find out more about what we're building in Simply Club.




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