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4 Pillars of Business

To create and run a successful business, you need to know the needs of your customer
and serve them better than others in your market. Here’s what you need to consider for
each pillar:

1. Management. How will you handle the process of serving your


customer? How are customers getting in contact with you? What
services/products are they purchasing? How can you ensure
that they are receiving everything they are expecting? You need
to manage the customer journey of your business.
2. Marketing. How will new customers find you? What digital
marketing assets are you using to establish your brand? What
local community collaborations are you making to spread news
of your business? You need to market your business to find new
customers and keep your sales pipeline full.
3. Operations. How will you deliver the services/products to your
customers? If you have a team, how will you all work together as
a team to deliver services/products? What tools, technologies
and systems do you need in place to run a successful operation? 
4. Finance. How will you keep track of your finances? How will you
price your services? How will you bill your clients? For me, I use
QuickBooks to keep track of all of my finances and send invoices.
You will want to use a business account for your business and
keep these finances separate from your personal accounts. Trust
me, the sooner you get organized here the better prepared you
will be when tax season comes around.
Ensure you have each of these pillars covered. Otherwise, find someone who is talented
in that sector and hire them to help you. What questions do you have about The 4 Pillars
of Business? Ask me a question in the comments below. For more business tips and
strategies, read The Execution Pipeline: A Step-By-Step Guide To Moving Your Business
From Idea To Reality  here. 

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