Build your own Business Series - How Do You Build the Business You Want?
Building your Ideal Business is never easy…
…but it does get much simpler if you map out a plan for the foreseeable future.
Here are a few top suggestions to help you get on the right track.
Get clear about what you want.
Most business owners never stop and map out…in writing…what they’re working so hard to build.
What does your Ideal Business look like in 3 years?
What does it look like from a numbers standpoint? Revenue. Profit. Number of clients.
What does it look like from a qualitative perspective? What are you known for? Who are your ideal clients? What does your team look like?
What is your role going to be?
Identify your single biggest short-term limiting factor.
In other words, what one thing can you fix that will allow you to move forward the fastest and the furthest over the next 100 days?
What do you need help with?
What skill do you need to develop?
What thing do you need to eliminate?
What thing do you need to improve?
What are your options to ’fix’ it?
How will you solve this problem, eliminate this obstacle or improve this skill or area?
Come up with a few ideas and then act on the best one.
Follow this process again and again.
Determine your strengths.
What are you best at professionally?
What experiences and skills do you have that set you apart?
What do you enjoy?
Spend more time in these areas…delegate other tasks and focus more of your time and energy here.
This is what you’re often paid the best to do…and it’s where you deliver the most value as well.
Put it all together with the Big 3.
What are your top three results you are looking to accomplish in the next 100 days?
Look at where you want to ultimately go. What can you accomplish in the next 100 days that will move you closer to that business?
Review those limiting factors. Which can you ‘fix’ in the next 100 days that will move you farther the fastest?
Look at your strengths. How can you spend more time there in the next 100 days?
Pick 3 things and focus on those. Avoid overwhelm.
Overwhelm leads to inaction or unfocused action.
Be realistic as to what you can in fact do as a business in that 100 days…but remember that you’ll finish these things and then accomplish 3 more in the next 100 days…and if you do this 3 times in a year - you’ve made 9 big improvements in a year.
Most businesses would be lucky to do 2-3.
So do fewer things…but do them all the way through and do them better than everyone else.
That’s how you build your Ideal Business.
Pat Rigsby is a father, husband, entrepreneur, coach and author. He has built over a dozen businesses as a CEO and Co-Owner, with five becoming million dollar or multi-million dollar ventures.
- Lebert Fitness