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Want a successful
business? Want your business
to be successful? Want to
buck the trend? Then you need to
understand what your
business is really about.
It is all about you
All businesses in the
world are exactly the same.
Except one. Whether you are already
trading or just about to
start there is one thing
that you must understand
above everything else. Your business is
different to every other
business in the world, and
all other businesses in the
world are the same. Because your business has
you, and every other
business does not.
Is it true that the
difference between success
and failure is:
- Getting the right
finance?
- Getting good
suppliers?
- Getting the right,
and enough, customers?
- Finding the right
staff?
Maybe.
But more likely the
difference between success
and failure is you. The problem with most
businesses is that they do
not work, but the owners do. And they work very hard,
and they fail, 24-out-of-25
times they fail. The owners work hard, but
the business does not work
at all.
If you want to
succeed, you must do the
following
1. Decide what your
overall objective is
Not an amount of money,
not quality of product, not
a nice store or a beautiful
office, car, house or
spouse! What do you want your
business to give you? Deep down, what do you
want your business to do for
you? When you have done with
your business what do you
want it to have done for
you? How does your business
make you feel, right now? How do you want your
business to make you feel?
The difference between
the two is your business
plan - Write it down.
2. What your business
does
If I walked through your
door and asked your
receptionist or your store
staff, "What does this
business do?", what would
they say?
"We sell shoes"
"We are a shoe store"
"Well isn't it obvious?"
If we asked any business
owner to tell us what their
business does they start
with one line; and then they
start to clarify. They start
to expand, they start to
explain why their business
is different, why their
business is better, why
their business is already
great but is going to be
greater.
Why their business is
just the business we should
be dealing with. They become interesting
and their business becomes
interesting
So what do you want your
people, what do you want
your suppliers, your
financiers and your
customers to say about your
business?
Do you think they do at
the moment?
The difference between
what they say and what you
want them to say is your
marketing plan -
Write it
down.
3. Consistency
The difference between
any great business you can
think of and all the others? Let us consider
McDonalds.
Now I know that your
business is more
sophisticated than
McDonalds, I know your
business has better
products, more discerning
customers and it could not
possibly learn anything from
McDonalds. Go and sit in McDonalds
right now, there will be one
near by!
The customers know what
to expect, the staff, who
all probably started there
in the last month, know what
to do, the products are
consistent, the ambience is
the same, the car parks look
the same, the stores look
the same, they are
consistent.
Relentlessly so.
Now you have customers
who are not consistent, you
have suppliers who are not
consistent and you cannot
get the staff.
They have a simple
product, they have customers
who will eat anything and
they can get anyone to work
for them.
They succeed in thousands
of locations in hundreds of
different countries and
cultures.
Is your business
consistent?
The difference between
where you are now and where
you would be if, magically,
you could become the
McDonalds of your industry,
is your organizational plan
- Write it down.
4. Money
How much is your time
worth? If you really got paid
what you are truly worth,
how much more money would
you have? Are you the only person
in the world who gets less
than they deserve? Do you know someone who
is grossly overpaid for what
they do?
How can this be?
The facts are simple,
none of us truly get the
amount of money our talents
deserve. You get less and I
get more. True?
The only way to get the
return you deserve is
therefore simple, get other
people to earn it for you. Nearly every failing
business we see has a common
theme, the owner is
indispensable. The business
cannot do without them, they
are irreplaceable, nothing
can happen without them and
everything happens because
of them. And the owner is
convinced that they are not
getting the returns they
deserve.
Every penny that your
business earns that you were
not involved in is free
money. The only way to get
that free money is to make
sure your business and your
people are earning it, and
you are getting it. Are you earning enough? Could your business earn
more for you?
The difference between
working for your business
and your business working
for you is your personnel
plan, and your financial
plan, and your business plan
and it is the difference
your business should be
making to your life -
Write it down
Our business plans are
about saving you time and
giving you the opportunity
to plan and increase the
chances of your success. We
have more plans, more free
gifts and easier to use
business plans than anywhere
else in the world!
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