Tips From Years In Business

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Celebrating years since he set up his first business, de Poel (a temporary labour procurer), recruitment entrepreneur Matthew Sanders reflects on his journey so far with some valuable experience-based advice.

10.   Don’t follow the crowdContinuing on the same theme, I believe much of my success has been down to breaking away fr...
03/08/2022

10. Don’t follow the crowd

Continuing on the same theme, I believe much of my success has been down to breaking away from the crowds and not being afraid to put my head above the parapet.

9    Be yourselfRegardless of whether you are an ENTJ, and INTP or ESTP personality type, it is important to be true to ...
03/08/2022

9 Be yourself

Regardless of whether you are an ENTJ, and INTP or ESTP personality type, it is important to be true to yourself in business. I for one believe this begins with self-awareness: knowing who you are—your values, emotions, and competencies—and how you’re perceived by others.

8    A business is nothing without its peopleQuite simply, a business is nothing without its people and my team help me ...
03/08/2022

8 A business is nothing without its people

Quite simply, a business is nothing without its people and my team help me to drive my vision forward each day. I strongly believe that a strong team is a critical success factor in business; you can save time, money and increase productivity by hiring properly.

7   Know your customer/clientIn the same way as knowing your competition, it is essential that you know your customer/cl...
03/08/2022

7 Know your customer/client

In the same way as knowing your competition, it is essential that you know your customer/client inside out, in order to provide an optimum service. Take the time to understand the needs of your customers and react accordingly. The benefit of being a small to medium sized business is you can react quickly and be dynamic.

6  Know your competitionThis may seem obvious, but it is vital to know who your competition is, what it looks like and h...
03/08/2022

6 Know your competition

This may seem obvious, but it is vital to know who your competition is, what it looks like and how it sounds. As the saying goes, “keep your friends close but your enemies closer” – every one of us faces competition on a daily basis, even if we do not realise it.

Don't just research what is already out there; it is crucial to always monitor threats posed by both current competitors and new entrants to your market.

5   Lateral thinkingThere have been, and continue to be, many occasions when I have needed to deviate from limited think...
02/08/2022

5 Lateral thinking

There have been, and continue to be, many occasions when I have needed to deviate from limited thinking; our natural ‘auto-pilot’. Naturally, as time-poor human beings on the go constantly, when we process things we tend to automatically do them without engaging in an actual thought process.

By tapping into lateral thinking and allowing your mind to explore untraditional realms, some of your seemingly outlandish ideas may just prove to be the foundation for many successful actions.

4  Mistakes are what make us human: learn from them and move onBeing a firm believer in not having regrets, I would not ...
02/08/2022

4 Mistakes are what make us human: learn from them and move on

Being a firm believer in not having regrets, I would not do anything differently in my career. de Poel’s proprietary software solution, e-tips, was revolutionary at the time I launched the business, and is now a proven technology which has processed over 2 billion hours. However, ADD and Permport, two complementary software solutions did not have the same success and cost me a nearly a quarter of a million pounds.

3   Be bold and take risksBusiness success cannot always be attributed simply to hard work, determination and careful pl...
02/08/2022

3 Be bold and take risks

Business success cannot always be attributed simply to hard work, determination and careful planning – you have to be able to take risks.

Having said that, I do not believe that in order to achieve true success it is a case of flipping a coin; truly successful business owners are experienced and adept at taking risk, pursuing opportunities only once they know the limits of the risks they take.

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Kyiv

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