Starting a business is a big achievement for many entrepreneurs, but maintaining one is the larger challenge. There are many standard challenges that face every business whether they are large or small. It is not easy running a company, especially in a fast-paced, ever-changing business world. Technology advances, new hiring strategies, and now, political changes coming with the new administration, all add to the existing business challenges that entrepreneurs, business owners, and executives have to deal with.
Maximizing profits, minimizing expenses and finding talented staff to keep things moving seem to be top challenges for both SMBs and large corporations. We have been interviewing companies from around the world to discover what challenges they are facing in their businesses. We also asked each company to share business advice they would give to a younger version of themselves.
Below is our interview with Angel Radcliffe, Business & Financial Strategist, Founder at CAS Consultants:
What does your company do?
CAS Consultants is a boutique consulting firm which works to ‘Empower Entrepreneurs Through Financial Management’. We provide consultations and strategy sessions to set up financial software, create a financial plan of action or assist new entrepreneurs with business plan creation, etc. Our company also provides financial literacy workshops, teaching budget & credit management for consumers.
What is your role? What do you enjoy most about your role?
Aside from being founder of the company I chose to also be involved I services being provided I am a Business & Financial Strategist and Public Speaker. On the client side, I work one on one with certain clients I feel I can help improve their business financials or assist them in gaining clarity in starting a business. I also partner with non profit organizations and host workshops on entrepreneur and consumer topic related to finance.
What are the biggest challenges in your business right now?
The biggest challenges in my business is learning how to step away when you are the founder. When you have a vision and you created a business, it’s hard to let go and place your vision into someone else’s hands. A constant reminder to success, delegation is key !
If you could go back in time, what business advice would you give to a younger version of yourself?
If I could go back in time, I would tell myself to ‘trust the process’ and be confident. Anything we do in life, everyone has an opinion, to succeed, you not only have to trust the process, you have to trust yourself and your vision. If you aren’t your number one fan, how do you expect others to support you. In addition, I would tell myself to always do my own research, we often listen to how others have tried but never tried the same process for ourselves, we must remember, each person has a different level of ambition.