3 Things That Are Smothering Your Business
I want to talk to you tonight about 3 things that are preventing you from reaching your business goals.
Over the next several days we’ll talk about what to do about them, but for right now it’s important that you are at least aware of them so we can unpack them as we move along.
- The Whirlwind – The thousand and one things that feel like it’s death by a thousand paper cuts. The tremendous amount of energy required to run the business and keep the lights on and the doors open.
- Competing Priorities – How many plates do you have spinning. at one time? How many balls do you have in the air. As the saying goes when everything is important, nothing is important. and it distracts your team from focusing on the goals for the business.
- Lagging not Leading Measures – The monthly financials, P&L, Balance Sheet, Statement of Cash Flow, all VERY important to the business, but all live in the past; by the time you get the information, there is not one thing you can do about it. So you wind up praying each month that things will turn out right. It’s like driving a car while looking through the rear view mirror.
The GOOD news is that it can be fixed, and there is a way forward and laws that can help to focus on the right things.
That’s what we’ll talk about in the coming days.