Category Archives: Blog

10 Things Excellent Business Owners Do Daily

iStock_000036798532SmallThere are a million articles on this cursed internet that will advise you of infinite ways to be better at your job, and while they aren’t all a total waste of time (hey, we have plenty of them here too), most of them are geared at merely getting through the workday more successfully. But what about going beyond simply “getting through” to “catapulting ahead?” We should be talking more about that because – let’s be honest – very few of small business owners start their own companies with the intention of being content with mediocrity. Most want to be the best. And – as you might’ve suspected – there are certain habits and qualities that the most effective business leaders share. We’ve pinpointed a few:

1.     Evaluate long-term goals

As important as it is to keep your mind primarily focused on the tasks at hand on any given day, the most successful people are the ones who are constantly viewing those small to-dos in the context of bigger goals. Beyond that, professional trajectories are never static – always revisiting your overall direction will give you a chance to tweak your plans and expectations according to the most up-to-date information and your most relevant needs.

2.     Examine short-term methods

Having a routine works for most people – and that’s awesome. Having a routine and training your brain to stick to it puts you in a great position to maximize your mental power every day. That said, don’t get too set in your ways in terms of how you perform certain functions. Whether it’s where you work, or when, what vendors or contractors you use, or any of a million other details that make your business run – stay open at all times to identifying things that could work better, and boldly branch out to try new solutions.

3.     They work more – a lot more

There’s no hidden meaning here. The most motivated business leaders are leaders largely because they simply put in more hours than everyone else. There are rarely shortcuts or magic tricks to getting ahead. You just have to want it – and love it – more than anyone else. Behind every accomplished person lies a trail of many, many late nights, early mornings, and meals eaten at their desk. And they’ll all tell you it was totally worth it.

4.     They think about their mistakes

Ego is a tricky thing in the business world – it can be the thing that gives you the confidence and hunger to pull ahead of the pack, but it can just as easily be the thing that prevents you from acknowledging your mistakes. The truth: Being actually confident (in the genuine way that makes people highly effectual) means accepting and embracing your fallibility. It’s about knowing that making mistakes doesn’t make you less intelligent, capable, or successful. In fact, it’s the people who love their mistakes, and examine them carefully to find the lessons and learn better for the future, who tend to go the furthest.

5.     They tune out the world

It’s one thing to be aware of trends, but quite another to actually follow them, or worse still, become a slave to them. With all the noise and constant deluge of chatter and news online, sometimes the best thing you can do is unplug, check out, keep your head down and work with your ideas, not from the whims of the rest of the business crowds. It’s not that you shouldn’t keep yourself abreast of all the latest goings on of the business world – especially your industry – but don’t stay too piped in for too much of the day. Running with the crowd is no way to get ahead of them.

6.     They think of the end to find the beginning

Figuring out where to start ­– whether it’s in a big picture sense or concerning a specific task – is sometimes tricky work. The most on-their-game individuals develop a plan by thinking about where the end is, and figuring out the most direct way to get there. Once you do that, your first move is often readily apparent, and is much more likely to put you in the actual direction you want to go.

7 Ways To Have The Most Productive Downtime Ever

Man on RockWhen we have a lot to do (and what ambitious professional ever lacks “a lot to do”?) we tend to feel guilty about having downtime at all. So when we do, it’s often reluctant or accidental or the product of procrastination. The thinking is that, since we do have so much to do, we don’t “deserve” to take a break. This, of course, is understandable but ultimately misguided thinking. For your brain to function at its optimal level, it needs rest. It needs to think about a wide range of things, not just work. Downtime – when executed correctly – can end up being as professionally beneficial as any hours spent behind your desk or in meetings. Here’s how to make your downtime work for you instead of against you.

5 Content Tips for Your Facebook Business Page

Colourful Thumbs Up LikeHow much time are you devoting to your Facebook business page? If it’s something you created awhile ago but don’t regularly review, you may be missing a valuable way to grow your business.

Whether your goal is to boost sales, engage with current and prospective customers or simply build awareness of your brand—having a Facebook strategy in mind will enable you to use this immensely popular resource more effectively.

Here are tips for generating content that gets Facebook users hooked and coming back for more:

1. Offer value.

8 Ways To Feel Happier in the Office Every Day

Young office worker phones at the officeNo one ever feels completely content, fulfilled, and stimulated during every moment of every office day – but there are definitely little alterations to your work environment, schedule, and strategies that can help shift your mood to the positive side more often.

1.     Save your favorite tasks for your least favorite time of day

5 Ways To Reinvigorate Your Social Media Presence

istock_000026206370small-1-300x199Spring cleaning isn’t just for closets, and New Year’s resolutions aren’t just about numbers on a scale – the first few months of each year are as good a time as any to take a step back, catch up on the changes that have occurred in the ever-evolving world of social media, and re-assess your methods. Here’s how exactly to do that:

1.     Decide what you want

As with any other part of your business’ operations, it’s hard to succeed if you don’t know exactly what you want to accomplish. If you’re keen to give your brand’s social media presence a little springtime face lift, start with listing clear goals and work backwards.

5 Tips To Make Your Company More Appealing To The Best Job Candidates

iStock_000027425538SmallYou can do every other things perfectly – marketing, sales, client relations – and be in the best part of town, and network within your industry until you drop, but no matter how strong your business is, it will inevitably fall apart without an incredibly solid team of people working with you. Depending on what your business is, that might mean just a small handful of individuals or several hundred employees. However many candidates you’re hunting for, there are a few distinct things you can do to make your company wonderfully appealing to the cream of the crop.

Newtek Business Services Partners With Teachers Federal Credit Union (TFCU)

Newtek-headerNewtek has partnered with Teachers Federal Credit Union (TFCU), one of the largest and most prominent Credit Unions in the United States with 26 branches, 234,000 Members and $4.9 billion in assets, to provide its Members who own and operate businesses the essential tools they need to compete effectively in today’s marketplace.

7 Reasons Why Your Website Doesn’t Deliver

7Your website is the face of your small business. For the vast majority of consumers, that’s all they know about your business – and what they see and experience there directly influences the ultimate decision about whether or not to purchase your products or services. As a result,  every effort should be made to design and build a site that’s visually pleasing, easy to navigate and answers a customer’s question.

But many small business websites are flawed, with some critical errors that blunt a customer’s desire to buy and keep the business from growing. Here are seven reasons why these websites fail to deliver.

Modest Growth Trend Continues In Small Business Economy

Newtek-headerYesterday, Newtek announced the release of the SB Authority Index of small business indicators for February 2014 reaching 125.60 points.  The Russell Microcap Index, new business formations and approved SBA lending volumes led the increase. The SB Authority Index is up 0.42% from January 2014.  On a year-over-year comparison, the SB Authority Index is up 7.29%.

Newtek Reports 33% Increase in 2013 Net Income Attributable to Newtek Business Services, Inc. to $7.5 Million

Newtek-headerNewtek Reports 33% Increase in 2013 Diluted EPS to $0.20 Company Exceeds Previously Issued 2013 Diluted EPS Guidance

Newtek, today reported its financial results for the year ended December 31, 2013.

Full Year 2013 Consolidated Financial Highlights:

  • Diluted earnings per share (“EPS”) were $0.20; an increase of 33.3% over $0.15 in 2012.
  • The Company exceeded the high end of its previously issued 2013 EPS guidance range of $0.17 to $0.19.
  • Net income attributable to Newtek Business Services, Inc. was $7.5 million; an increase of 33.4% over $5.6 million in 2012.