16/02/2022
Three is our magic number here at heyprocurement this week. Today is our third birthday. Hip hip, hooray! 🥂 🥂 🥂
There’s been highs. You never forget that first purchase order and the first clients that trust you with their business.
There’s been lows. You say “yes” to projects you’re not right for. You can’t say “no” to work when you’re a new business! FOMO can be a killer…
But really, the only reason we’ve got to our third birthday is because of all the AMAZING people who were with us through those highs and lows. We are so grateful. 🙏
And for anyone out there who’s in Year One of your new business (or thinking about taking the leap), here’s some “DOs" and “DON’Ts” we’ve learned.
DO:
👋 Share. Your successes. Your failures. Your industry insights. We’ve grown from a small core team to calling on 12 amazing senior consultants thanks to talking to our networks. And THEIR contacts.
👍Mentor. Present at events if you’re asked to. Meet up with professionals new to the field. Help a start-up where you can. We all start somewhere. Be the person who supports others.
💯 Believe. In your abilities. In your skills. In your experience. Most of our business comes through referrals. It may say “Hey Procurement” on our website but we’ve expanded into supporting business development teams, M&A and even asset disposals because our team has a wide-range of skills and experience.
DON’T:
⏲️ Neglect your business development. Working “on” the business is just as important as working “in” the business
📊 Overlook the fundamentals. Plan your cash flow. Learn quickly that revenue is one of the biggest variations and risks, while obligations such as tax and salary must be paid regardless.
🚶🏻♂️ Forget your fitness. It’s easy to be in the “zone”, looking after your client and then find out your only getting 5,000 steps/ day.
A massive thanks to iuyr core team for their unwavering support from the start!
What about you? What advice would you share?
If what we do interests you, please contact us at:
[email protected]
“Helping companies who sell, buy better!”