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10 hard earned tips for running your own business

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10 hard earned tips for running your own business

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In this presentation, Tasos Veliadis shares with us some of his hard earned tips and experience in running his own business. From drawing up the correct contracts to setting your foot out of the office for a bit during the workday, every little thing matters. Things concerning you, your team and consequently your business as a whole. Live, laugh, work, and don't forget about the people you hire and of course, yourself!

In this presentation, Tasos Veliadis shares with us some of his hard earned tips and experience in running his own business. From drawing up the correct contracts to setting your foot out of the office for a bit during the workday, every little thing matters. Things concerning you, your team and consequently your business as a whole. Live, laugh, work, and don't forget about the people you hire and of course, yourself!

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10 hard earned tips for running your own business

  1. 1. for Running your own Tasos Veliadis - socialab Partner/Business Unit Director
  2. 2. I often talk with people who have some good ideas and want to set up their own companies. Having a considerable amount of experience myself in that sector, the sector of enterpreneuship, I wanted to write about certain things that I would have done differently and some others I got right the first time round when I started. Oftentimes I wonder what would happen if i could turn back time and give myself certain tips, in order to avoid difficulties and mistakes that I have faced all these years. Here are some of the tips I learnt through experience so far.
  3. 3. YOURSELF!
  4. 4. The biggest hardship I've faced stems from the mindset represented by the saying "if you want something done right, you got to do it yourself". But the thing is that there's no other choice. You have to forget about it. I worked really hard in order to build a team that I can trust and make sure that each of its members will carry out their tasks without me interfering too much. It's vital that you let members of your team feel that they could take it a step further and take full responsibility. This gives them a sense of determination, something that won't ever happen if you take up responsibility for critical tasks all the time.
  5. 5. WHO YOU HIRE!
  6. 6. The people working with you represent your choices, your company's culture and even yourself. Do not forget, the smaller the company, the bigger the impact each employee has on its image. It might be tempting to solemny judge from someone's skills, but from my experience I tend to believe that it's all about the person itself. You can definitely train someone with fewer skills and help them reach their full potential, but you can't change character traits that easy.
  7. 7. And safety!
  8. 8. All employees have to be safe in their workplace and you as their employer have the legal responsibility to do your best in keeping them so. Bear in mind that this is one of the things that remain undebatable and if overlooked it might be detrimental to your business or even place you on the wrong side of the law. Think about an unfortunate scenario where one of your employees has an accident while in the office. Serious or not, this is something you definitely wouldn't want to happen, right?
  9. 9. is what you get!
  10. 10. All teams need attention and care and this is even more true about the team we direct. As such, we have always strived to find ways in order to keep our team healthy and happy because let's face it. We ourselves are a part of it. This can happen in a multitude of ways such as offering benefits and workdays outside of the office, or even a free meal every first of the month. Every little thing plays a role in keeping the whole of our company happy. We want everyone in our team to feel important. Without them, there is no company.
  11. 11. A good CRM system is worth both its literal and digital wight in gold. It helps members of the team get on the same page and also enables us to be in the know and see the bigger picture of each account's status. Without it, you'll never have a completely clear and objective picture of what's happening between your company and your clients.
  12. 12. to pick up the phone
  13. 13. Don't expect that your phone will ring by itself or that the clients will run to your door simply because you have a great idea. It's essential that you go out and speak, find the clients/partners that you aim at and call them first. Not to catch up on the latest gossip of course but to present them your work, your ideas, your team. That's the only way the people you want to approach will get to know you, giving you a chance to start the cooperation you've been after from the beginning.
  14. 14. procedures
  15. 15. Are the maps of good business. They don't have to be as detailed as they ought to be in, say, a construction company, but they have to exist in order to guide the employees adequately. Each employee has to know exactly what is expected of him/her and which steps they have to follow, depending on their place in the company. Otherwise, how can you ensure completion and maintanance of procedures in a systematic manner? Miscommunication due to bad organization usually results in costing you more time, effort and money.
  16. 16. Work less!
  17. 17. Work is fun! Many times you might be amongst the first to enter the office and amongst the last to leave. So the point since we have decided to spend that much time in the office, is to play more and have as much fun as we can during our workday and breaks. Building relationships with your coworkers and the people you have around you in the office, is the best thing you can do in order to make everyone have fun. Including yourself.
  18. 18. The office
  19. 19. You might be up to the neck with tasks you have to carry out before you leave the office. The main thing though is to carry each task out correctly and avoid getting stressed. When you occupy a creative position it is vital that you leave the office and give your mind a break every once so often. Meet new people, discover new places, leave your desk for 10 minutes at least and go around the building. The change of scenery will help inspire you and make you work more efficiently.
  20. 20. A must!
  21. 21. Having the proper contracts is important to all businesses. In the beginning all relationships may start with the best intentions and close to perfect circumstances. However, all companies have been through crises in certain occasions and with certain clients. This mostly happens when the contracts aren't correctly designed and especially when they fail to be beneficial to all parties. The best way to avoid going through a crisis such as the aforementioned, is to think foward and employ contracts designed to cover all bases and work as a safety net in case they have to do so.
  22. 22. FOR YOUR BUSINESS Tasos Veliadis Partner/Business Unit Director Contact me Mail: veliadis@socialab.gr Linkedin: TASOS VELIADIS
  23. 23. You! Tasos Veliadis - socialab Partner/Business Unit Director

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