The Ultimate Cheat Sheet on Business Growth

Once you build your business to the point of having more than a handful of customers, how do you know if your business will be successful? How do you keep growing beyond what you have now? Why do so many small business owners staying small?

Growth is often painful and scary.

But if you want the next years to be the best year of your life, the work you are doing now will be well worth it. But here’s a truth you have to be willing to accept:

“There is no growth without change; there is no change without loss; and there is no loss without pain.”

Even if our old ways are self-defeating, we are tempted to return to them because, like a worn out pair of shoes, they are comfortable and familiar. So I wanted to share with you an acrostic that I use to help me to stay focus on G.R.O.W.T.H.

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Here’s a cheat sheet on business growth, and in the order that I work on my business:

Great marketing plan: position your business as the preeminent provider.

Revise your Business Plan: structure your business to maximize every resource.

Open to new ideas: attract and keep great people with an open mind.

Work “on” and not “in”:  build peak-performing teams.

Teach your team: to deliver superior customer service—make it a key competitive advantage.

Have a system: to perfect your sales process—motivate customers to buy again and again.

You must let go of old ways in order to experience new growth, but the plan for you to keep working on, is the growth plan. Stay steady at it, remembering that “little by little” and success each day, is clearing the way for you to grow and change!

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With growth comes a new and unfamiliar challenge, so smart business owners will talk to a consultant, mentor, or other industry experts to discover issues they may have overlooked. Are you planning on be at the Growth Conference?

 

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