7 Habits of Successful Small Businesses [2023]

Here are some tips to help grow your small business and set it up for success!

If you own a small business, you'd know that no days are ever the same - some days, your Etsy marketing is effective, some days, your Facebook ads don't seem to work.

You might be the most disciplined person on the planet, but you still indeed have "those days." The days when all you would want to do is rest or when you feel like the fire is burning out.

A small business owner like you could start new habits that you can carry with you as you navigate your entrepreneurial journey. Today's article will share the seven habits that can help a small business like yours grow and reach its peak of success. 

Best Habits of Successful Small Businesses

Here are some great habits by successful small businesses that you can foster:

1. Read books

Successful entrepreneurs like Warren Buffet, Elon Musk, Bill Gates, Mark Zuckerberg, and Oprah Winfrey may be huge names in the industry.

Still, before they even reached the peak of their success, they were small business owners like you. When asked about the one thing that helped them grow their business, they would always share how they love reading books as it provided them with new and helpful knowledge.

If you want to know about Etsy marketing or small business marketing for your e-commerce store on Facebook, then pick up a good book and start reading. Almost everything nowadays can be learned quickly - all you need is patience, perseverance, and the burning desire to learn something new.

Marketing Books On Amazon

marketing books on amazon

2. Wake up early

Another thing you should do if you want to become a successful small business owner is always to wake up early.

Waking up early and not spend minutes dawdling in the morning can give you a head start and a considerable advantage over your competitor, and you can always use the extra time to do "something extra" for yourself.

You can use these early hours to work out, prepare a hearty breakfast, take a hot shower, meditate, or read a book.

Remember that 90% of CEOs wake up before 6 am, and 50% of self-made millionaires wake up 3 hours before their work hours begin. We all have 24 hours every day, but how we use those hours makes a huge difference.

3. Create a system

The next thing you must achieve is to create an organized system of how everything should go. For instance, how are you planning to execute your Etsy marketing?

How much are you willing to spend monthly on your small business marketing on Facebook and Instagram? How should each order be processed? How long should the preparation take before an order is shipped out?

It would be better to prepare a standard formula or schedule that you would follow consistently unless you must develop a new one that will improve your overall systems.

The same goes with the schedule of your weekly meetings, annual tax preparation, holiday sales, and every other important aspect of your business.

Etsy has a plethora of business printables that you can download and put into a planner to keep you on track!

See Business Printables On Etsy

printable planners on etsy

4. Delegate tasks

As someone who oversees the operations of your business, you shouldn't be taking all tasks - even the mundane ones.

Delegate the e-mail and chat support or the Etsy marketing content to your trusted employees and worry about the enormous tasks like meeting with department heads or looking for suppliers.

You can hire some freelancers to help you with your small business marketing tasks. It will help free up your time and give you more hours to work on tasks that need your attention.

It may be hard for you to let go of these tasks, primarily when you built your business from the ground up. Nevertheless, you must understand that sooner or later, you will have to let go of some tasks to take on even bigger ones as your small business grows.

5. Dream big

Never let anyone tell you that your dream is "too big." Remember that successful business owners once started from nothing, and from it, they created something. In the words of Steve Jobs, "the people who are crazy enough to think they can change the world are the ones who do."

If you want to become the CEO of an international brand or company, visualize it, and claim it! No dream is too big for the person who believes that they can achieve it, no matter how long it may take them.

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6. Keep an open eye out on opportunities

The successful business owners we know today saw an opportunity to go big, and they took it. They didn't let the options that could change their lives pass them by and look where it took them - right to the top of the ladder.

If you see an opportunity to turn your small business marketing into a huge one, say you were given a chance to reach an international audience, then take it.

Avoid doubting and wasting your time thinking about what you would do if things took a different path from what you planned. Always hope for the best and keep your eyes open for opportunities that may knock on your door.

7. Know how to execute your plans

Yes, you may have a brilliant plan, but do you have any idea how to execute it? The ability to manage thoughts is what separates the dreamers from those who get things done.

Final Notes

Being a small business owner in this time and age means that you are already on your way to being a vast and successful entrepreneur.

The fact that you chose to take on the entrepreneurial journey gives you an advantage over those who did not even take the step at all.

With patience, perseverance, and hard work, your small business will be thriving soon enough - all you must do is put in the effort and believe that you can.

It will also be of great help if you embody the seven habits of successful small businesses mentioned above. These habits will fuel you to achieve big things and aim to reach greater heights!

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