{"id":1631,"date":"2018-06-26T11:08:13","date_gmt":"2018-06-26T18:08:13","guid":{"rendered":"http:\/\/intuitblog.com\/?p=1631"},"modified":"2022-11-09T14:36:59","modified_gmt":"2022-11-09T22:36:59","slug":"5-prosperity-hacks-from-small-business-owners","status":"publish","type":"post","link":"https:\/\/www.intuit.com\/blog\/innovative-thinking\/financial-tips\/5-prosperity-hacks-from-small-business-owners\/","title":{"rendered":"5 Prosperity Hacks from Small Business Owners"},"content":{"rendered":"<p><i><span style=\"font-weight: 400;\">It\u2019s never easy running a small business or being self-employed \u2013 especially for those just getting started. We\u2019ve asked a number of driven entrepreneurs in our network to learn what their keys to success are. Here\u2019s a few of their favorite prosperity hacks.<\/span><\/i><\/p>\n<h2>1. Take Care of Yourself<\/h2>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-1633\" src=\"https:\/\/intuitblog.com\/wp-content\/uploads\/2018\/06\/stocksy_txpbe082c63q40200_medium_1484457.jpg\" alt=\"\" width=\"640\" height=\"427\" srcset=\"https:\/\/intuitblog.com\/wp-content\/uploads\/2018\/06\/stocksy_txpbe082c63q40200_medium_1484457.jpg 1731w, https:\/\/intuitblog.com\/wp-content\/uploads\/2018\/06\/stocksy_txpbe082c63q40200_medium_1484457.jpg?resize=150,100 150w, https:\/\/intuitblog.com\/wp-content\/uploads\/2018\/06\/stocksy_txpbe082c63q40200_medium_1484457.jpg?resize=300,200 300w, https:\/\/intuitblog.com\/wp-content\/uploads\/2018\/06\/stocksy_txpbe082c63q40200_medium_1484457.jpg?resize=768,512 768w, https:\/\/intuitblog.com\/wp-content\/uploads\/2018\/06\/stocksy_txpbe082c63q40200_medium_1484457.jpg?resize=1024,683 1024w, https:\/\/intuitblog.com\/wp-content\/uploads\/2018\/06\/stocksy_txpbe082c63q40200_medium_1484457.jpg?resize=1536,1025 1536w, https:\/\/intuitblog.com\/wp-content\/uploads\/2018\/06\/stocksy_txpbe082c63q40200_medium_1484457.jpg?resize=740,494 740w, https:\/\/intuitblog.com\/wp-content\/uploads\/2018\/06\/stocksy_txpbe082c63q40200_medium_1484457.jpg?resize=1440,961 1440w, https:\/\/intuitblog.com\/wp-content\/uploads\/2018\/06\/stocksy_txpbe082c63q40200_medium_1484457.jpg?resize=720,480 720w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">Self-care is an incredibly important part of running a successful small business or being self-employed. Things like <\/span><b>meditation, eating healthy, getting enough sleep, and being able to balance time between work and friends\/family<\/b><span style=\"font-weight: 400;\"> lead to greater productivity and better thinking. Starting your day in the right mindset and feeling balanced will translate to better job performance, a more positive attitude, and motivation to take the day on \u2013 you can\u2019t take care of your business if you don\u2019t take care of yourself first.<\/span><\/p>\n<h2>2. Stay Organized<\/h2>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-1199\" src=\"https:\/\/intuitblog.com\/wp-content\/uploads\/2018\/03\/stocksy_txp7f992fcazgt100_medium_1292336.jpg\" alt=\"\" width=\"640\" height=\"427\" srcset=\"https:\/\/intuitblog.com\/wp-content\/uploads\/2018\/03\/stocksy_txp7f992fcazgt100_medium_1292336.jpg 1733w, https:\/\/intuitblog.com\/wp-content\/uploads\/2018\/03\/stocksy_txp7f992fcazgt100_medium_1292336.jpg?resize=150,100 150w, https:\/\/intuitblog.com\/wp-content\/uploads\/2018\/03\/stocksy_txp7f992fcazgt100_medium_1292336.jpg?resize=300,200 300w, https:\/\/intuitblog.com\/wp-content\/uploads\/2018\/03\/stocksy_txp7f992fcazgt100_medium_1292336.jpg?resize=768,512 768w, https:\/\/intuitblog.com\/wp-content\/uploads\/2018\/03\/stocksy_txp7f992fcazgt100_medium_1292336.jpg?resize=1024,682 1024w, https:\/\/intuitblog.com\/wp-content\/uploads\/2018\/03\/stocksy_txp7f992fcazgt100_medium_1292336.jpg?resize=1536,1024 1536w, https:\/\/intuitblog.com\/wp-content\/uploads\/2018\/03\/stocksy_txp7f992fcazgt100_medium_1292336.jpg?resize=740,493 740w, https:\/\/intuitblog.com\/wp-content\/uploads\/2018\/03\/stocksy_txp7f992fcazgt100_medium_1292336.jpg?resize=1440,960 1440w, https:\/\/intuitblog.com\/wp-content\/uploads\/2018\/03\/stocksy_txp7f992fcazgt100_medium_1292336.jpg?resize=720,480 720w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">It might sound obvious, but organization really is key to prioritizing your work and keeping your business (and sanity!) on track. With meetings, calls, planning, and actually having time to do your work, there&#8217;s more than enough to manage in a day. Make use of your email and calendar features in efficient ways; set your calendar up to plan out what you need to do by when, or even for just quick reminders. <\/span><b>Keep a list each day breaking down the top priorities for yourself and your business<\/b><span style=\"font-weight: 400;\"> (they are NOT always the same thing!) and be realistic about how much you can get done in a morning, day, week, and so on. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Running a small business or being self-employed is a lot of work, but when it comes to tracking expenses, handling payments, and figuring out taxes, know that we&#8217;re on your side ready to jump in to save you time.<\/span><\/p>\n<h2>3. Be Financially Prepared<\/h2>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-895\" src=\"https:\/\/intuitblog.com\/wp-content\/uploads\/2018\/01\/stocksy_txp5afe8f806wo100_medium_37060.jpg\" alt=\"\" width=\"640\" height=\"413\" \/><\/p>\n<p><span style=\"font-weight: 400;\">Often, as business owners, you find a gap in the market to fill with an innovative product or service, but in order to provide that solution, you need overhead. Even if your small business is not bringing in income yet, you will still need to plan for those overhead costs like rent, repairs, electricity, and accounting. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">We know you might be excited, but before jumping all in on your business idea, be sure to <\/span><b>save up some money to pay the bills to keep the lights on<\/b><span style=\"font-weight: 400;\"> knowing that you won\u2019t be profitable right out the gate \u2013 you\u2019ll be better prepared to support the evolution of your business. \u00a0<\/span><\/p>\n<h2>4. Talk to your Customers<\/h2>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-1634\" src=\"https:\/\/intuitblog.com\/wp-content\/uploads\/2018\/06\/stocksy_txpbe082c63q40200_medium_49716.jpg\" alt=\"\" width=\"640\" height=\"427\" srcset=\"https:\/\/intuitblog.com\/wp-content\/uploads\/2018\/06\/stocksy_txpbe082c63q40200_medium_49716.jpg 1733w, https:\/\/intuitblog.com\/wp-content\/uploads\/2018\/06\/stocksy_txpbe082c63q40200_medium_49716.jpg?resize=150,100 150w, https:\/\/intuitblog.com\/wp-content\/uploads\/2018\/06\/stocksy_txpbe082c63q40200_medium_49716.jpg?resize=300,200 300w, https:\/\/intuitblog.com\/wp-content\/uploads\/2018\/06\/stocksy_txpbe082c63q40200_medium_49716.jpg?resize=768,512 768w, https:\/\/intuitblog.com\/wp-content\/uploads\/2018\/06\/stocksy_txpbe082c63q40200_medium_49716.jpg?resize=1024,682 1024w, https:\/\/intuitblog.com\/wp-content\/uploads\/2018\/06\/stocksy_txpbe082c63q40200_medium_49716.jpg?resize=1536,1024 1536w, https:\/\/intuitblog.com\/wp-content\/uploads\/2018\/06\/stocksy_txpbe082c63q40200_medium_49716.jpg?resize=740,493 740w, https:\/\/intuitblog.com\/wp-content\/uploads\/2018\/06\/stocksy_txpbe082c63q40200_medium_49716.jpg?resize=1440,960 1440w, https:\/\/intuitblog.com\/wp-content\/uploads\/2018\/06\/stocksy_txpbe082c63q40200_medium_49716.jpg?resize=720,480 720w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">Talking to customers or potential clients is crucial to not only the success of your business, but your reputation and ability to build relationships with them that are long lasting. Customers know their pain points better than anyone else, and <\/span><b>actively listening to them helps you understand what they need to create a better product or experience<\/b><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Spend time having these conversations, adjust your business so your solutions best serve them, and continue building a network of relationships with people related to your company. Not only are you investing time with a customer \u2013 current or future \u2013 but you\u2019re also opening the door for word-of-mouth promotion and potential introductions to other potential customers down the line.<\/span><\/p>\n<h2>5. Build a Support System<\/h2>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-1353\" src=\"https:\/\/intuitblog.com\/wp-content\/uploads\/2018\/04\/stocksy_txpf301b4a11jv100_medium_1617603.jpg\" alt=\"\" width=\"640\" height=\"322\" srcset=\"https:\/\/intuitblog.com\/wp-content\/uploads\/2018\/04\/stocksy_txpf301b4a11jv100_medium_1617603.jpg 1994w, https:\/\/intuitblog.com\/wp-content\/uploads\/2018\/04\/stocksy_txpf301b4a11jv100_medium_1617603.jpg?resize=150,76 150w, https:\/\/intuitblog.com\/wp-content\/uploads\/2018\/04\/stocksy_txpf301b4a11jv100_medium_1617603.jpg?resize=300,151 300w, https:\/\/intuitblog.com\/wp-content\/uploads\/2018\/04\/stocksy_txpf301b4a11jv100_medium_1617603.jpg?resize=768,387 768w, https:\/\/intuitblog.com\/wp-content\/uploads\/2018\/04\/stocksy_txpf301b4a11jv100_medium_1617603.jpg?resize=1024,516 1024w, https:\/\/intuitblog.com\/wp-content\/uploads\/2018\/04\/stocksy_txpf301b4a11jv100_medium_1617603.jpg?resize=1536,773 1536w, https:\/\/intuitblog.com\/wp-content\/uploads\/2018\/04\/stocksy_txpf301b4a11jv100_medium_1617603.jpg?resize=740,373 740w, https:\/\/intuitblog.com\/wp-content\/uploads\/2018\/04\/stocksy_txpf301b4a11jv100_medium_1617603.jpg?resize=1440,725 1440w, https:\/\/intuitblog.com\/wp-content\/uploads\/2018\/04\/stocksy_txpf301b4a11jv100_medium_1617603.jpg?resize=720,363 720w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">Building a business on your own or being self-employed is hard. No one said it was easy. So it\u2019s important to surround yourself with people who support you through the ups and downs of your journey. You can\u2019t create in a vacuum \u2013 you need other people, and they need you. Remember to <\/span><b>look at others around you as teammates who can help answer questions, or bounce ideas off of<\/b><span style=\"font-weight: 400;\">. But more importantly, find a support system that you can turn to when you\u2019re feeling overwhelmed or down. It sounds cliche, and it can be hard to ask for help, but even the toughest and most driven entrepreneurs need a support system to push them in the right direction and help you power your own prosperity. <\/span><\/p>\n<h2>Bonus Hack: Drink Coffee!<\/h2>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-1518\" src=\"https:\/\/intuitblog.com\/wp-content\/uploads\/2018\/05\/turbotax_explainwhy.png\" alt=\"\" width=\"640\" height=\"426\" srcset=\"https:\/\/intuitblog.com\/wp-content\/uploads\/2018\/05\/turbotax_explainwhy.png 758w, https:\/\/intuitblog.com\/wp-content\/uploads\/2018\/05\/turbotax_explainwhy.png?resize=150,100 150w, https:\/\/intuitblog.com\/wp-content\/uploads\/2018\/05\/turbotax_explainwhy.png?resize=300,200 300w, https:\/\/intuitblog.com\/wp-content\/uploads\/2018\/05\/turbotax_explainwhy.png?resize=740,493 740w, https:\/\/intuitblog.com\/wp-content\/uploads\/2018\/05\/turbotax_explainwhy.png?resize=720,480 720w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">Coffee keeps you going, and can be your muse when you need a little inspiration. How much coffee? The limit does not exist.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">+++<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Did we miss your favorite prosperity hack? Tell us what you do to keep yourself and your business on track!<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>It\u2019s never easy running a small business or being self-employed \u2013 especially for those just getting started. We\u2019ve asked a number of driven entrepreneurs in our network to learn what their keys to success are. Here\u2019s a few of their favorite prosperity hacks. 1. Take Care of Yourself Self-care is an incredibly important part of<\/p>\n","protected":false},"author":128776340,"featured_media":7890,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rkv_browse_by_id":0,"rkv_cta_id":0,"rkv_optimize_for_pagespeed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"useModifiedDate":false,"customPublishDate":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[237495812],"tags":[],"intuit_collection":[],"intuit_series":[],"coauthors":[237496056],"class_list":["post-1631","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-financial-tips"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.1.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>5 Prosperity Hacks from Small Business Owners - Intuit Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.intuit.com\/blog\/innovative-thinking\/financial-tips\/5-prosperity-hacks-from-small-business-owners\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"5 Prosperity Hacks from Small Business Owners - Intuit Blog\" \/>\n<meta property=\"og:description\" content=\"It\u2019s never easy running a small business or being self-employed \u2013 especially for those just getting started. 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