I was speaking to a highly successful business man today, asking him
questions relating to his business success and I have to say that I am
not surprised at how everything he said about become so successful all
circled back to staying positive, dedicated to your cause and remaining
focused on your goals. What a surprise! Who would have thought you need
these ingredients to achieve success ;)
But...this doesn't
have to be such a daunting task for your entire business career. Once
you have put in the effort to build your business, things will start to
become somewhat automated. Think of it in the logical order of
business, for example, in the early stages of business you will spend a
large amount of time building a client base, at the same time you will
need to perform all of the back office functions, such as bookkeeping,
invoicing and setting up budgets and Business Plan amendments. Once your
business starts to reach the next level, more funds will become
available for use in others areas of your business which can allow you
to hire employees to do these none value adding activities that keep you
from growing your business.
Now the excitement starts! At
this stage in your businesses growth cycle, you will have a lot of time
available to brain storm and focus on improving your processes. The
main tasks you may find yourself spending a large number of hours on
will be the business mission statements and Action Plans. These items
will be the personality of the business and dictate how business is
done. Once you have created these items along with a long term growth
plan you will probably find that you will be looking to bring in non
administration staff to fill positions that have been created to assist
with growth, such as, sales and marketing roles.
Now that
you have made it this far, depending on your level of available funds,
it might be time to look at hiring a manager or management team.
Implementing a manager will take heaps of stress out running the
business and allow you even more time which could be spent on expanding
even bigger, maybe into other states or counties. Depending on the
industry and profitability, some business owners have well and truly
stepped back by this stage and let their organisation run itself, but if
you are amongst the highly driven, this is the stage where
classifications can go from successful to highly successful.
But
this is just to highlight, in broad terms, some of the things that are
experienced through each stage of business growth, but all in all, the
basic needs required for a person to succeed are the three qualities -
dedication, a positive attitude and focus. Without these ingredients the
flame would more than likely fizzle out long before a business owner
got to the stage of being able to leverage for business growth and build
a business that is capable of running itself indefinitely into the
future.
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