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These past two weeks we have taken a look at some helpful resources for your small business including some top seller books as well as some great podcast channels to follow. This week we are taking a look at some insightful documentaries that offer some great information that pertains to starting and running your business.

• TED Talk Life Hacks: There are numerous different discussions to look through and find what you need. These talks offer great inspiration and knowledge in so many areas that pertain to your business and self. For example there are talks on body language and the effects it can have as well as how to find work that you love.

• Nothing to Lose: This is an inspirational film that dives into the story of a father who becomes an incredible entrepreneur. Inspiration is sometimes all we need to push ourselves into what we really want to do. Understanding others successes can give us the motivation to succeed ourselves.

• Print the Legend: There are so many documentaries and motivational stories about the success of individuals and their companies but this one takes a look at the not so good pieces of starting a business which is just as important. We need to be prepared for the trials we will come across.

• The Startup Kids: This documentary takes a look at young entrepreneurs and how they got to where they are now. They talk about their success and points on how to start your business.

These are just a handful of documentaries that are available with information that everyone can take away. It can serve a great benefit to learn from others in their trials and tributes.

Last week we took a look at some helpful books on starting a small business and overcoming problems that are bound to arise. This week we are going to look at some top podcasts that give some great insight into starting a small business and being the entrepreneur you want to be. Podcasts are a great way to gain knowledge in the areas of your interest and concern. Not only are there millions of podcasts out there with a huge range of topics, it is easy to find the time to listen to them. Whether you are at home relaxing or getting work done, driving your car or you find yourself with some free time, it’s as easy as turning it on and listening. Here are a few podcast channels that have some incredible information.

• The GaryVee Audio Experience: This podcast channel touches base on so many different areas including speeches on business and marketing, social media, business expansion strategies and more.

• Being Boss: This channel is geared towards all aspects of a business. They talk about a huge range of topics with first hand knowledge such as setting boundaries, doing what you love, marketing tactics and habits.

• Big Ideas Small Business: This is a channel that focuses on helping those who are diving into the small business. They discuss the challenges that occur in running your business with a focus on letting you know that you are not alone.

• The Small Business Show: This channel takes a look at topics relevant to managing and growing your small business. They have different discussions weekly including talking to small business owners first hand.

• The Bcast: This is a weekly channel that gives discussions in helping your business grow including talking to business experts to gain advice from people first hand.

These are just a handful of podcasts that are available and there are many more that are highly recommended depending on what you are looking for. Podcasts are a great way to gain some valuable information first hand in all aspects of your small business.

We all know that starting and running a small business takes a lot of hard work and perseverance. It is not something that is generally done on your own without any outside help. There are many resources out there that can really give you a good idea on what to expect throughout your experience. The next couple weeks we are going to take a look at the different kinds of resources out there that can give some help and guidance. Let’s take a look at some informative best selling books that are geared towards small business. According to the website https://www.thebalancesmb.com/best-small-business-books-4154269 here are a few well known resourceful books.

• “The E-Myth Revisited,” by Michael E. Gerber. This book goes over why small businesses don’t work out and how you can prevent that from occuring. This book comes after “The E-Myth,” which goes over the business building process.

• “Traction,” by Gino Wickman. This book is like a tool box where it is filled with helpful tips and tricks for problem solving different aspects in your business.

• “Conquer the Chaos,” by Clate Mask and Scott Martineau is a book geared towards people who are just starting out. It offers insight and a breakdown on approaching problems within the business.

• “Deep Work,” by Cal Newport looks at how to appropriately use your time. It talks about time management and how to achieve that kind of success in your business.

• “Start With Why,” by Simon Sinek is a book based on what you can do to give your business the push that it needs. It talks about inspiring others and how that will make your business prosper.

These are just a handful of the books that are recommended reads for those who are either thinking about starting their business or already have. These books give insight into different areas of running a small business and shed some light on what you can expect and how to approach and deal with problems you may run into.

Day in and day out the work is constantly going. The minute you feel like you should take a break another task bursts through your head. This often is the case when running and working a small business. Regardless of what business path you have taken, there is always work to be done. The hardest part that can come from such responsibility is also realizing that you have a responsibility to take your own necessary time for yourself.

It can be a huge struggle for many to balance all that needs to be done with personal time. What we need to realize is that the work is always going to be there. Of course there are certain deadlines that need to be adhered to and tasks that must be completed within a time frame, but there are things that can be put on the shelf and returned to. Prioritising can be a huge life savour for many as well as delegating tasks to others without feeling bad. There is no sense in putting everything into your business without having the ability to stop and smell the roses.

Whether or not you have a hired personal to keep up with your books in your small business, it is one of the most important pieces you need for success. It can be such a daunting thought and task but without it, you can run into some huge problems. Having a filing system that works for you, ontop of having your books completed on a regular basis is going to create a less stressful experience where you can focus more of your attention on other aspects of your business. Setting aside time to have this completed will ensure you are on the right track.

Benefits/reasons to keep up with your books:

• Creates less work at the end when you set time aside each month
• Less likely to lose/misplace receipts and bills when you input then file in a timely manner
• Reduces mistakes
• Allows you to visually see money going in and money coming out. Having this visual is going to tell you if you are continuing on the right path. Without being able to look at where your monies are going can cause huge negative impacts on your business

There are many negative consequences that come with not keeping up with your books:

• More work in the end
• Loss of paperwork/incorrect bookkeeping. This can cause a domino effect. It can lead to improper imputing of numbers. That in turn will make your books not balance properly and tax time can cause red flags. You will have the wrong numbers coming in and out creating a mess that could have been easily avoidable.
• Improper bookkeeping or lack of bookkeeping can ultimately cause your business to fail. Without proper knowledge of your finances you are unable to make informed decisions on your business.

Please don’t hesitate to contact us at BitLedger for assistance.