Saturday, 16 July 2016

Make It Happen - Your Mobile Business A Success

The best way to succeed in business - is to be in business and all that's holding you back from starting your own successful bike business, is the knowledge to do it.

Starting a mobile bike business is a tempting prospect – but that’s the easy part!
The real challenge is to find out how to get that knowledge.
To make your decision making a bit easier, Cycle Tech UK will help you.................


"We all started with limited resources, but want to encourage anyone who is interested to be confident that they can make good honest money from this businessand are within the grasp of anyone who applies themselves" 

So you really like to be a mobile bicycle mechanic, something you can live and breathe. That's good to hear, as this is a great business idea and it isn’t just one that turns a profit. It’s one that’s a good fit for you personally? for your target market, and for your location?
You’re going to be in business for the long haul, so you need to make the right start.

"By doing what you love success will follow"

Many UK mobile bike business owners struggle, not only in starting their business, but also running and planning for future growth.

Only you can make it happen, it must come from you - even with having all the support and advice, it is down to you and if you really want to make a living from this type of business "then you can do it" 

“It’s essential you do as much research as possible to ensure your business has the best chance to succeed. Being confident in yourself and your idea is excellent, but you should still ensure you get as much advice as you can, from multiple sources.”

This post (and Blog) is not supposed to dissuade you from starting your own business. Rather, it’s here to get you thinking and planning. In order to start a successful business, passion alone isn’t enough.

The first thing you should ask yourself:

Why do you want to get in to this business and work for yourself?
  • Why do you want to start a business? Is it money, freedom, more time cycling, health reasons, creativity, or some other reason?
  • How much capital do you have to risk?
Why? Because having a good reason for doing something makes planning easier.

"It’s the mark of a great business when all the elements of a good business plan are being leveraged to their maximum capability."

You need to plan, set goals and above all, know yourself
You can make a firm plan to start your business, and you can put this plan to work right away.
  • What are your strengths?
  • What are your weaknesses?
  • How will these affect day-to-day operations?
  • How much money and effort will it cost to deliver the value you would like to be offering?

It's better if you can enter a market you like and that you know well. As you get started, your business will likely dominate your life so make sure that what you’re doing is stimulating and not dull. I see my job as a working holiday, I enjoy what I do, being outside and meeting cyclists, for me that brings rewards of a good feel factor and that in turn customers get a happy mechanic working on their bike and they soon tell their friends.

"Remember you’re going to be in it for the long-haul"

Other questions to ask yourself include:
By asking yourself questions will get you thinking about your goals and about what motivates and inspires you.
  • Why am I going in to business to work for myself?
  • What things really matter to you?
  • Who do you admire in business? Perhaps in the industry you’d like to go into? Why do you admire them? What can you learn from them?
There is no cheap or quick way of starting and running your business successfully. While people have taken this route to start their new business, without any planning or thought it ends up costing them time and more money in getting it right. I have seen many start by buying cheap tools and then think they can make money, until they get a job or bike that they have to say "sorry sir I am unable to work on your bike" in fear of damaging it. It could also be they lack the confidence in working for themselves for the first time or don't want to invest too much money if they are thinking they can't make a living from this business by wanting to test the water first.

Why not first:
Being prepaid by researching and making a plan shows that you are on the right road to making it happen. By putting your business idea before everything else in your life is the only way it will happen and become successful.
  1. Research the market and the bicycle trade. I am always surprised that a lot of business owners when struggling and can't work out why they are not busy or making any money - never did any research!!!  
  2. Make a Plan - to start, run and for future growth. Where will you find customers? Private or cooperate?
  3. Finances in order (Personal and organise for your business)
  4. Talk to someone in the trade like me, to tell you the strengths and weaknesses of running a mobile bike business, also spend time on the road with me to give you the confidence in day to day job's of running your business.
This will give you an understanding of what to expect and what to charge. (Pricing in any business is hard to get right, it's your time, investment, stock and tools that need to not only make a return but a profit and the image of you and your business,- this will make a huge difference to the type of customer, so the customer will return and for them to tell their friends) Talking and spending time with me is unviable information to the success and growth of your business...........

Those that have failed often blame "that people in their work area don't spend money on a mobile mechanic and take their bike to a bike shop"

Those who failed, struggled with at least one business area when they started out:
  • Not being found "Marketing "
  • Poor image - great mechanic, but did not know how present them self's
  • Unable to manage time
  • Poor money management
  • Had family or work commitments else where
  • Running their business part time or as a hobby and not planning on moving to full time
  • Not having a large enough shed or garage to store bikes/stock and do repairs from. Doing them in the front room, is not the answer, not only is it not professional, you are not organised and customer is too close for working in comfort.  
  • Pricing - to cheap
  • Lack of financial knowledge
  • No budgeting for the future - if you can not save, you can not plant the seed and grow
  • Comfort - Choose to only grow to part of their full potential
  • Excuses - Always have a good reason not to do those things that need to be done 
  • Give up to easily
Are you someone that starts many things and never finishes them or do you plan for the future? If NOT you need to have a rethink, start today by transforming - taking small steps, develop a routine of good habits and be the best you can be.
    "Knowing what to spend your money and time on, is key to your business start-up and rapid growth"
 Our top highly successful businesses:
  • Made a plan
  • Decided to make it happen
  • Make sacrifices in the short to term to make long term gains
  • Believe in themselves and think about their goals
  • Can visualise they want to run their business 
  • Birds of a feather - mix with those who are successful
  • Asked a lot of questions
  • Have a routine - form good habits
  • By having the trade information and trade contacts will give your business a bigger start.
  • Got involved - with our network support, networked with other Cycle Tech UK Members, and supported local and national cycle events
  • Brought or leased a large van
  • Know how to present and market themselves
  • Able to organise day to day running of business - good time management
  • Able to make a decision
  • Good stock control
  • Know where to find technical help and business support
  • Think of their customers needs
  • They run their business full time
  • Have the right attitude
  • Being honest - letting the customer know when things go wrong
  • Planning for growth and any changing market
  • Mind set tell themselves positive words - When there is a problem that needs solving, its now called a situation, challenge or opportunity.  
  • Self discipline - By having a routine to make yourself do what you should do when you don't feel like doing it. 
  • High energy - By having a routine of eating healthy, avoiding poor foods and doing regular exercise

"To be very successful you need to fail many times - but only if you learn and deal with each situation as a challenge"

Can you identify yourself from the list of things that successful people tend to do from the way you live your life? If yes then the your chances of running a successful business is very high. If not then by being in business you will learn and then will have the knowledge which only you can then decide to do or not.

The van "The Mobile Bicycle Workshop" is your main tool and the image of your business. Customers are more likely to use you, return to you and happy to spend money for the ease of our service, by dealing direct with the mechanic, by being shown what's wrong with their bike and direct straight forward cycling advice. Then take their bike to a shop or a mobile guy working from the back of a car.

Where would you take your bike for a service?

Being prepared:

The training schools are a start, but wont tech you everything in a 2/3 week course, it takes years of experience and learning from mistakes. If it's your first time running a business then is going to be a big learning curve that could be costly if you don't do your research. Get some hands on experience.

Each pro mechanic/business owner only knows 20% about bicycle repairs and how to run a mobile bike business. There is also 20% of things he does not know and 60% he is constantly learning and finding new ways to overcome everyday issues successfully.

Business owners % knowledge running a mobile bike business. We are constantly learning, its how we deal with new problems challenges and how we can organise ourselves better to be more efficient, that will make our business more successful.

"when you was young and you wanted to learn something, you practised and practised till you could do it with out thinking"

People often say to me "A bike is a bike" If only it was that easy! Well we need to look into what makes a bicycle. It's not a simple toy, it is a complex means of transportation and a complex piece of engineering. The bicycle has evolved for over 125 years. There are over 1000 individual parts in a basic geared bicycle. To cut a long story short. It needs to be built well to run well. It needs correct assembly and needs a skilled & experienced bicycle mechanic with great product knowledge to maintain all the different types of bicycles, old and new. "Bicycles have changed a lot in the last 25 years and are not as simple as one first thinks! If you haven't set foot in a bike shop recently you will be amazed at how much has changed. Full suspension, hydraulic disc brakes, and carbon frames are now common. (There are also hydraulic rim brakes, internal hub gears, electronic gear shift and electric bikes) If you think you can learn everything in a 2 week course you will be wrong! It takes years of experience, continues training courses and product knowledge before you can run a successfully business."

Whether you’re starting your first or your third business, expect to make mistakes. This is natural and so long as you learn from them, also beneficial. If you do not make mistakes, you do not learn what to do less of and equally, what to do more of. Be open-minded and creative, adapt, look for opportunities, and above all, have fun! The great thing about owning your own business is that you get to decide what you want to do and what direction you want to grow in.

Are you ready to put your business on the road?
  • Are you confident that you understand the market when you launch you business?
  • Will people be able to find you and know what service you offer?
  • Are you confident to work on all types of bikes onsite?
  • Have you got your pricing right?
  • A strong brand is the key to customer loyalty and higher sales. If you think it’s just for big business, think again; a brand is critical for businesses of all shapes and sizes.
  • Do you have the support from your family?
  • Market and launch your business by networking, networking and networking

Insider knowledge
I often work with new mechanics who want to rocket headfirst into a business, when in reality it's important to pull the breaks and master the basics first.

Cycle Tech UK can help you to get the right knowledge to start and run your business, by our strategic approach:
  • Networking within our network of mobile bicycle mechanics
  • Contacts in the trade
  • Welcome pack with information to start and run your business
  • Group support - Closed fb group page for technical and business help
  • Day on the road with me
  • Understanding of customers needs
  • Plans for future growth
  • Supplier relationships
  • Market knowledge
  • Trade exhibitions
  • Knowledge sharing
  • Extra training

Any questions can be answered in a Skype chat or meeting with me, helping you put your business out in front.
  
“Starting your own business can be a daunting process. Research shows that many people who want to run their own business may need more help when they’re starting out"

Do you have over £10k to invest? And you want the freedom of being your own boss but with the support of a national network, working in one of the fastest growing leisure sectors please do get in touch with Martin Wilkins at martin@cycle-tech.co.uk for an information brochure.




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