He had been bothered for the past year on how to raise fund for his startup. Obi had always looked forward to the bright side of life, believing that as soon as he was ready to kick off his business, he ’d get a handsome grant or perhaps a loan with less interest repayment option. Lady Luck was kind to him and his desires came to fruition, however, two years after the establishment of his startup, he was in a battle of trying to revive the business or letting it crumble finally.
He may have prepared on fundraising but the skills required to keep his business running was what he lacked.
As your business grows, the skills your business needs to access will grow too. If you want to be a successful entrepreneur, these are the skills you need to have. … know how to run a balanced account and continue to grow your wealth.
Taking one bad step can make or break your business.
As your business grows, You are unlikely to be able to find the time or have the ability to meet most of them yourself.
You could consider:
- building a management team
- delegating responsibility to other staff
- recruiting to fill a skills gap
- outsourcing the work to a specialist contractor
- training existing staff to meet your skills needs
As the owner or director of a successful growing business, it is essential that you recognise when new skills are needed and you take the right steps to meet them.
Don’t be too engrossed on the growth of skills of your employee alone, grow as well.