What is the biggest concern that you have about your business? What is preventing you from making steady progress towards your vision?
The first part of this challenge is to create a “pain” list then select the one that you feel that, if healed, would have the biggest positive impact on your business.
Your second part of the challenge is to take a deep look inside, first your business and then yourself. With a clear statement as to what the problem is that you want to cure, make a T chart (columns) on a sheet of paper and label one column “me” and the other “business.”
Above the T write the main problem you identified.
Now comes the hard part: looking at the issue, starting with the “me” side of the T, write down things that you could do that could help solve the problem. This includes things you have neglected that caused the problem to exist to begin with. Brutal (self) honesty is the key to making this a worthwhile challenge. On this side of the T only look at what the “me” can do or should have done. You may find words like procrastination, selected wrong target market, too much work, no time, and a slew of other “excuses”.
On the other side of the T are problems caused by the “business.” On this side, items like cash flow, equipment, staff and work space will make up the list.
Yes, there is a possibility that some items belong on both sides of the T. The benefit of this challenge is the breaking down into small pieces what is slowing down your growth.
Ultimately, it’s the “me” that has to start by tackling each issue on both sides of the T and developing an action plan to eliminate them. These small “bites” are easier to swallow and therefore are solvable.
Yes, most of the Tuesday Challenges will take some time to implement, but I promise that each challenge when completed will make a positive impact on both you and your business.
Tips & Advice by Nick Petra, CFP – Founder of BizQuack and StrategicDuck
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