Posted on Mar 20, 2019

10 Things Every Entrepreneur Should Do in 2019

Whether you’re a novice entrepreneur or an expert, it’s time to get your to-do list started for 2019.

Here’s a list of ten things you’ll want to make sure you do as an entrepreneur in 2019 if you want to remain successful and competitive.

1. Create a Website

If you don’t already have a website, 2019 should be the year that you build your own website or hire someone to do it for you. Having a website that is unique to your business or entrepreneurial brand will help you build your online reputation and will be the only way to implement a successful content marketing strategy. And without a website that stands out, you won’t be found in search engines. If you don’t grow your online presence or influence, your competition will be much more likely to outpace you in 2019 and beyond.

2. Gain Influencers for Your Website

Once you create and establish your online presence as an entrepreneur with a website that stands out, you’ll want to gain influencers for your website or blog via an influencer marketing strategy. With influencer marketing, you’ll be able to enhance your trustworthiness, credibility, and authority online as well as increase your ROI, website conversions, and website engagement rates. Influencer marketing will save you money and increase your ROI this year, so make sure you consider it and use it.

3. Know How to Leverage Social Media

As an entrepreneur, it’s critical that you know how to leverage social media to build your online presence and brand, to network online, and to better track and understand your audience and what they care about. Leveraging social media in the right way will allow you to really connect with your online audience as you earn more revenue. This year, make sure you invest some time and resources in leveraging social media effectively and efficiently.

4. Rely on the Right Technology, Apps, and Platforms

An entrepreneur is expected to wear a lot of hats. You’re expected to be a financial guru, an operations expert, a product designer, a human resources manager, etc. Make sure that you’re relying on the right technology, apps, and platforms this year. You will want apps that help you automate and organize your business operations and data. Find helpful accounting tools and platforms for your human resources records. And so on. Review 25 Essential Apps and Tools Your Small Business Needs for more details on how to select the right technology, apps, and platforms this year.

5. Be Prepared to File Your Taxes

You don’t want to be among the estimated 40 percent of small businesses or entrepreneurs who accumulate penalties because they are unsure of how to properly file taxes. Read The Entrepreneur’s Ultimate Checklist for Filing Taxes [ipage: please link to post written by Content Writers] so that you are fully prepared to file your taxes this year, without fear of being audited by the IRS.

6. Complete a Competitive Analysis and Understand Competitive Intelligence

Did you know that nearly half of all businesses and entrepreneurial ventures fail due to lack of knowledge?

Luckily, failure can be avoided if you understand the importance of conducting competitive intelligence and learn why it’s so crucial to your online success as an entrepreneur or business owner this year. With competitive intelligence, you will have a much better understanding of your target audience or customer, how to reach them, how to outpace your competition online, and so much more. Read this Brief Guide: How to Conduct Competitive Intelligence for more details and to get started.

7. Learn About Artificial Intelligence and Intellectual Property

According to research outlined in a Forbes article, artificial intelligence (AI) is now the most important invention since the invention of the Internet. AI-driven technology will permeate and drive most markets, if not all markets, in 2019 and beyond. So, make sure you know which AI-driven tools and platforms will help you, which ones you should invest in or develop, etc. in 2019.

Additionally, according to the same Forbes article, intellectual property (IP) now accounts for a whopping 38.2 percent of total U.S. gross domestic product (GDP), which is over $6 trillion per year. Be sure to learn as much about IP as you can and understand how it will affect your entrepreneurial efforts in 2019.

8. Practice Better Time Management

Entrepreneurs often work more than 40 hours or 50 hours a week, no wonder you’re often stressed out and exhausted. Yet you wouldn’t have to be if you practiced better time management.

Let 2019 be the year that you gain better command of your schedule as an entrepreneur by using SMART goals, learning when to say “no,” choosing the right time management tools, delegating tasks to others when you need to, and so on. Be sure to read Time Management Basics for Entrepreneurs for more details on how to better manage your time.

9. Build Great Relationships

Be sure to build substantial and long-lasting relationships as an entrepreneur this year. You won’t be able to succeed without them.

To be successful as an entrepreneur in 2019, you’ll want to make sure that you have the right mentors, teams, and support systems in place. Read Nine Types of Relationships Every Successful Entrepreneur Needs [ipage: please link to post written by Content Writers] for even more insight.

10. Take a Vacation and Focus on Your Mental and Emotional Health

In 2019, above all else, make sure that you focus on your mental and emotional health and that you take regular breaks from working. Entrepreneurs tend to get stressed out because they never take vacations and don’t take frequent breaks each day.

Even when the holidays are over, rely on the stress-relieving tips mentioned in Get Through the Holiday with These Stress Relieving Tips. Be sure to check out How to Avoid Burnout as an Entrepreneur. Also, plan to take at least one week of vacation from your work this year. Otherwise, you’ll run the risk of getting burned out long before 2019 is even halfway over.Make sure you do these 10 things in 2019 to ensure your entrepreneurial success. And even before putting together your to-do list, remember what you should be grateful for as the New Year begins. Read Inc.’s 6 Things Every Entrepreneur Should Be Grateful for in 2019 for a great reminder of why you do what you do every day.

Feature image: Pexels