Posted on 15/02/2016, 10:17
Pro-actions often comes across hard pressed business owners that are no longer in love with their businesses. The vision and drive that created the business has been tarnished or in some cases replaced completely by the daily grind.
Most businesses are conceived from a vision: a fantastic idea or the conviction that the founder’s experience can be better channelled by doing it themselves. The result … a company is born! Excitement builds, energy levels are massive, the company starts – things are great!
Sometime later reality steps in. Getting a business established and growing, achieving the ambition you had for it, is hard work and the reward isn’t always evident. “It hasn’t worked out as I thought”, “I feel stuck”, “How do I take this to the next level”, or even “How do I get out of this?” are signs that the owner has fallen out of love.
We find a simple three step process helps re-energise and re-capture the vision and drive you had at the start:
If you’re under pressure and out of love with the business, you may to be too close to see the wood for the trees. A recent Growth Accelerator study found that 94% of successful business owners used outside help. Getting an objective external view point throughout the process can be very valuable in crystallising the vision, diagnosing the problem, helping you create the plan and then holding you to account as the plan is implemented.
In or last article, “Measuring What’s Important” we discussed key performance indicators or KPIs. There are lagging KPIs such as financial measures that tell you what just happened and leading KPIs that indicate what your financials are likely to look like.Read More
Following on from our previous blog in this series, “The Most Important Thing”, the next step is to translate your goals into action. For this, setting your targets and measuring your performance against them is vital to making them happen.Read More
What do you want to achieve in your business? Every owner manager had their reasons for why they started out on that journey – what are yours? And more importantly, are they still valid, are you on track, or are your hopes and desires being frustrated?Read More