The 3 Most Critical Components to Building a Business

Posted on 29.Dec.2014 by BrickPixel Admin | @amcomcap

Building a BusinessSucceeding in business is often a combination of ingenuity, hard work, perseverance, and, yes, even luck. But there are a few things you can do to ensure that the odds are in your favor. Here are three things that are absolutely vital to building a successful business.

1. You must be passionate about your business! This level of passion requires genuine commitment and belief in your company's mission. If you aren't passionate about what you do, you can't expect your employees to be passionate. Passion is contagious! Unfortunately, a lack of passion is also contagious. Without passion, neither you nor your employees are going to present a positive image to your customers. Passion starts with the business owner!

2. You must build a unique culture that identifies and recognizes your top-performing employees. This can be a formal process but, it has been my experience that an informal process can be much more meaningful to the employee receiving the recognition. If you want more of "IT," reward "IT." Here are a few ideas:

  • small gift certificates for meals or entertainment
  • a small surprise bonus
  • an unscheduled day (or afternoon) off
  • a small office celebration recognizing an employee's achieved goal

3. You must strive to exceed your customers' expectations. No matter what product or service you deliver, make sure that your business exceeds your customer's expectation. Or go even further, PROVIDE FOR YOUR CUSTOMERS DESIRES AND UNRECOGINZED NEEDS. If you can achieve this level of customer satisfaction you'll turn your customers into a network of testimonial-providing fanatics. The best salesman you'll ever have is an enthusiastic customer that is thrilled, and beyond, with you and your business.

image description Roy Brooks and American Commercial Capital, LLC, has provided invoice-factoring services to Houston-area small businesses since 2003. We work with businesses in San Antonio, Dallas, Austin, Fort Worth, Beaumont, Port Arthur, Corpus Christi, and other nearby Texas cities.

If you want to learn more about how cashflow-sensitive invoice factoring can help your business, give us a call at 713-227-3863, contact us here, or fill out our form for a free, no-obligation quote.

READ MORE FROM AMERICAN COMMERCIAL CAPITAL

Business Video Roundup: Developing a Success Mindset, Finding Investors & More

Patrick Bet-David – 10 Challenges Entrepreneurs Will Face In this week's video roundup, Brian Tracy discusses how to develop a success mindset, Patrick-Bet David talks about 10 challenges every entrepreneur will face, and Evan Carmichael lists seven types of investors that can help fund your business and how to find them. Plus, a host of business personalities offer tips on dealing with difficult people and the folks from Entrepreneur magazine have a one-hour discussion about how you can benefit from a side hustle—not just in making more money but also in doing something that matters to you.  Read more

Mike Winters 22.9.2017 

Business Video Round: Food Truck Business Plan, Business Alliances & Working Smarter

Evan Carmichael – Strategic Business Alliances We send our thoughts and prayers to everyone affected by Hurricane Harvey here in Houston and surrounding areas and those affected by Irma in Florida. It's been a rough few weeks. Hopefully you can find some relief and encouragement in today's video roundup. This week, Gary Vaynerchuk dishes out advice for a food-truck business plan, Brian Tracy reveals how to work smarter, and Evan Carmichael suggests seven ways to make business alliances. Plus, Marie Forleo has a few tips to curb negative thinking and the owners of Leesa Sleep have some advice for building a strong, dedicated team for your business.  Read more

Mike Winters 15.9.2017 

How to Help Houston Recover from Hurricane Harvey

Hurricane Harvey Relief Fund If you live in or around the Houston, you probably know firsthand the damage and devastation that Hurricane Harvey has left in its wake. If you live elsewhere, you've probably seen the images on TV. They have not been exaggerated. People from all walks of life and small businesses of all kinds have been affected and rebuilding efforts have only just begun. But no matter where you are, there are several ways you can help Houston and surrounding areas. Read more

Mike Winters 08.9.2017 
Back
AMERICAN COMMERCIAL CAPITAL HOME

HOW MUCH COULD FACTORING INCREASE PROFITS FOR YOUR BUSINESS?

CALL 713-227-3863