Talk to 95 out of every 100 small business owners with less than 100 employees and follow their progress for 10 to 20 years. You will hear the same sad story repeated over and over. They work too hard for the effort and risk they take. They don’t make any real money or have enough left over to invest. They can’t stop working or take much time off to do what they want. They can’t find any good help. They sell low prices to get most of their customers and revenue. They’re out of control and spend too much time putting out fires. They wish they could start saving some money and can’t figure out how to make their business better.Only 5% of small business owners will ever become wealthy or financially secure.
Why? 95% don’t implement the 8 key success factors that guarantee you can get your business to work for you:
1. Have a Passionate Vision
2. Written Clear Targets & Goals
3. Structured Organization
4. Accountable Responsible Management Team
5. Operational Systems Run the Business
6. Hit the Numbers & Make A Profit
7. Unique Delivery System
8. Pro-Active Sales & Marketing
9. Seek Wealth Building Opportunities
What key are you missing in order to help your business reach it’s full potential?
Posted in Building Your Business, Business Coaching, Business Consulting, Business Owners, Business Plan, Business Relationships, Business Success, Construction, Consulting, Contractors, Customers, employee compensation, entrepreneurs, Financial Systems, Investments, Leadership, management, Planning, Profit Builder Circle, Project Management, Wealth Building
Tagged small business, Structured Organization, success, Wealth Building
Have you ever noticed that successful people who have their lives in order are also more active, involved, and generous with charity, church, and volunteer organizations? They find time to make giving a top priority in their lives. The fact is your success is an outcome of how much you do for others. Your deeds have lasting impact, not your stuff, power, position or busy schedule. Successful people make more time to serve others. Becoming a success is directly proportional to what you give. It’s a fine line—some people give to get—but that won’t work for most.
What you get is a RESULT of what you give!
I receive an overwhelming return on my investment every time I give my time, talent, and money. Giving is the outward expression of your inner commitment, character, and dedication. There is a direct conduit between your heart and your wallet. A banker once told me that the first line he looks at on a loan applicant’s tax return is “contributions.” He tells me he can usually judge a person’s true integrity and sincerity by looking at that one single entry. People who donate money generously and on a regular basis can be trusted. People who don’t find time or money to give to others are self centered and can’t get everything in life they want. People who don’t give are the only ones who complain about giving. Give giving a try. I guarantee you will get more in return than you ever give.
Albert Einstein said, “Only a life lived for others is worthwhile.” I built my business with the slogan: “Do a good job for the customer and the money will come.” Putting others first always works in both business and life. So go out and give, get, and enjoy what you’ve got!
Posted in Building Your Business, Business Owners, Business Relationships, Business Success, Customers, entrepreneurs, Holiday, management, Wealth Building
Tagged business holiday, Customer Service, giving, results, success