It’s Time To Get Traction!
Subscribe to Dave's Blog!
Get Dave's weekly blog post delivered to your email inbox.
It’s Time To Get Traction!
Make your hard work pay off.
Today’s blog is written by my guest speaker, Bill Stratton, who will be presenting his seminar, Gaining Traction, on April 16. 2020, at the Comfort Suites in Manheim.
Many business owners start their businesses with dreams of controlling their destiny, freedom, making a mark in the world, financial wealth, growth, and fun. Unfortunately for many entrepreneurs and their key leaders, these dreams are elusive. Over 90% of business owners and their key leaders experience the following frustrations that keep them up at night:
Control – they feel as though the business is running them instead of the reverse. They lose flexibility over their own schedule and work longer hours than they like.
Profit – it is inconsistent and/or there is not enough.
People – they feel as though employees, customers, and suppliers don’t seem to listen, understand, or follow through. No one is on the same page.
Hitting the Ceiling – they are stuck at current levels and unable to break through.
Nothing is Working – they have read different books and have tried different approaches, but nothing seems to stick.
If you are dealing with any of these frustrations, you are not alone. You are normal. Most small business leaders struggle with these issues all the time. The good news is that there is hope. While many business leaders have these problems, some do not. They have found a way to overcome these frustrations by committing to strengthening six key areas of their business:
Vision – they work with the leadership team to agree upon a clear vision in writing and then work to get everyone in the company on board with the vision.
People – they get the right people in the right seats. The right people share their core values and are talented and productive in their positions.
Data – they make decisions based on facts and data, rather than ego and emotion. They get a pulse on their business with a handful of leading indicators that are reviewed weekly.
Issues – they develop a culture where everyone is comfortable calling out issues when they arise. They get to the root cause and solve their issues for good.
Process – they document their six to ten key core business processes and ensure they are followed by all. This ensures consistency and provides scalability.
Traction – they bring discipline and accountability to the organization with a regular meeting pulse and focusing on three to seven key priorities every ninety days.As a business owner, you can end these frustrations now by focusing on these six key areas of your business with your leadership team. Your leadership team and you will be getting more done in less time, and it will feel as though the business is running itself.
For more information on this topic, I encourage you to register for Bill’s seminar, Gaining Traction, on April 16, 2020, at the Comfort Suites, Manheim, PA.