# How to be productive as a business owner If you're launching a product or project, get everything as much as possible *before* the launch date. - Expect constant chaos. - Planning makes life easier, but it's never easy. - There are simply too many unforeseeable things that may go wrong. - Instead of fighting against the chaos, learn to channel it to your benefit. - Order all relevant [marketing materials](marketing.md) beforehand, early enough to review them and reorder if they weren't sufficient or accurate. - Create a fully-functioning website, then have an email that directly uses that website's URL. - Make an extensive list of possible marketing and lead generation avenues. At the onset, your job will involve ~20 small part-time jobs. - Most small business work is solitary or with strangers: - [Brainstorming possible ideas](mind-creativity-how.md) - [Advertising](marketing.md) - [Networking](people-3_boundaries.md) - Researching [legal limits](legal-safety.md) - [Managing finances](money-3_budget.md) - [Cleaning](home-housekeeping.md), waste disposal, [organizing](organization.md) - Eventually, you'll be able to specialize more into what you like (or at least don't mind), but you'll do a little of everything at the beginning. - To avoid burnout, try to separate personal and work activities. - When you relax, you should *enjoy* your small bouts of time off and *not* think about work. - Further, if you're not [financing](entrepreneur-6_scaling.md), you *must* keep a day job until you can make enough to live on without harming operating activities. ## Stay focused Keep testing and using your own product. - You can only stay in touch with the product as it develops if you use it yourself. - Further, you can only *[sell](marketing.md)* your product well if you're constantly becoming more familiar with it. Watch for warning signs of being "busy" more than productive: - Holding multiple meetings to decide what to do. - Multiple people assigned to tasks one person can do. - Focusing too much attention on irrelevant numbers (e.g., how many people contacted, how many checklist items completed). - Frequently attending networking events with zero leads from the visit. ## Stay mobile Avoid short-term thinking. - It's very easy to chase after heavy profit right now that sabotages long-term profit later. Pay very close attention to where you're getting all the attention and income. - Treat every setback as an opportunity to change. Sometimes you'll have to redesign the business. - Learn to capitalize on unexpected, small successes. - Pivot everything to whatever creates the greatest returns. ## Contracts For every product you provide, create a [standardized contract](people-6_contracts.md) for clients with the following: - Warranty and return policy. - If it's connected to software at all, have a privileged user agreement. - If you provide private information, have a non-disclosure agreement. Unless you're a substantially-sized organization, trying to sue for damages against suppliers is usually not worth the cost and time. - Even for small claims, the work associated with civil cases is generally unpleasant, over a long period of time, and never guarantees remediation. - A lawsuit threat may lead to negotiating a fair settlement, but it severs any future relationship with the supplier. - If you *do* succeed at a lawsuit, you'll have a reputation for suing against suppliers, and future suppliers will potentially be more distrusting of you. ## Payments *Always* keep multiple payment options available, along with multiple payment processors. - Even if you need extra fees for processing, always offer cash and card payments. - If your business is at all modern, use phone-based payment options (e.g., [cryptocurrency](computers-blockchain.md), Cash App). - You're losing money every day a client can't pay. - Try to use a less-popular payment processor, since large-scale payment managers (e.g., PayPal, Stripe) will *not* prioritize you if something goes wrong on their end. - If you're charged different fees for different payment processors, consider adding the cost directly into the product itself.