Anyone who has watched an episode of Shark Tank can tell you that investments aren't easy. They require a bit of common sense, a lot of creativity, but most importantly, a distinct vision of what one hopes to achieve with their business model. Robert Herjavec, whose new web series Small Business Revolution on Main Street is getting ready to debut, took the opportunity to share a few key ingredients to making a small business flourish and make an impact on its local community in INC Magazine.
The three tips he gave were as follows:
- Know your numbers.
- Engage in smart marketing.
- Ask for help.
While these tips would file under "common sense" for some, they're still great things to remember when building on your opportunities and preparing to expand your operations. Whether it's a new product, a new client, or a fresh environment, being savvy can usually come down to the most basic ideas (which can sometimes lead to the most creative or interesting solutions).