10 tips for making the most of opportunities while running your small business
Running a successful business is about seizing opportunities. Sometimes you jump on those presented to you. In other cases, you create your own. These tips from members of the online small business community can help you with both strategies.
Uncover growth opportunities using competitor analysis tools
The opportunities available within your industry largely depend on the gaps left open by your competitors. So you may need to analyze your competition to find the most relevant paths to grow your business. Learn about competitor analysis tools and how they can benefit your business in this BloggingWizard article by Adam Connell. Next, head over to the BizSugar Community to see what members are saying.
Search email addresses by name
Often, business opportunities arise based on who you are in contact with. You may even need to create your own opportunities by reaching out to the right people in your industry. In this Criminally Prolific article, Dmitry Dragilev details how to find someone’s email address by name.
Dive into Web 3.0 marketing
New technologies like Web 3.0 can create tons of new opportunities for businesses. But you must first understand the implications of these tools to get the most out of them. In this article from DIY Marketers, Ivana Taylor reviews Web 3.0 marketing for small businesses.
Hone your own creative traits
Sometimes taking advantage of business opportunities requires creative thinking. Whether you’re in a creative field or not, it’s often beneficial to recognize your creative skills and those that may need extra work. In this article from Startup Professionals Musings, Marty Zwilling lists several traits that help creative entrepreneurs thrive.
Prepare for emergencies
Emergencies can harm businesses. Or they can provide opportunities for growth and pivoting. If you want to make the most of situations that cannot be controlled from the outside, it helps to be prepared in advance. In this Aha!NOW article, Russell Emmental shares emergency preparedness tips.
Become the best real estate agent
The currently boiling real estate market means there are tons of opportunities for entrepreneurs to earn a solid income. So how do you take advantage of this option? Richard Zompa, RE/MAX owner broker, offers advice in this article. And the members of BizSugar shared their own thoughts here.
Get the most out of customer interactions
Every conversation you have with a client is an opportunity to make a good impression. This is even true for those who share complaints or concerns. In this Noobpreneur article, Elinor Johansen discusses the “customer is always right” philosophy and offers tips for small businesses.
Find the most profitable blog niches
Blogging has provided opportunities for entrepreneurs in tons of niches to earn a solid living. While it’s generally best to cover what interests you or what really interests you, certain topics tend to be particularly profitable. See a full list in this Themeisle post by John Hughes.
Get unbiased local SEO data
Every piece of data you collect on your SEO and marketing strategy can help you uncover opportunities for improvement. So you shouldn’t be looking for proof that your existing strategies are working. Instead, look for unbiased data, like the sources included in this Mazepress article by Chris Roark.
Create your own marketing plan
There are seemingly endless opportunities for marketing a new business. It is therefore useful to create a plan from the beginning to stay focused. Check out this Visme article by Mahnoor Sheikh for tips on making your own.
If you’d like to suggest your favorite small business content to consider for an upcoming community roundup, please send your hot tips to: [email protected]