We have been exploring the seven steps to accelerating business growth. The first five steps are clarity of direction, communication, having a plan, intense focus, and discipline. Step six is the step everyone is striving for: results. When you follow the first five steps, you will be amazed by the results you achieve and the business growth that is unlocked.
The goal of the first five steps is the amazing results that are achieved in step six. When you have taken time to clarify the direction you want for your business and personal life and communicated that clearly to those around you, created a plan of action to bridge the gap between your current state and desired future, and then become intensely focused on that with the discipline to stay at it each day, you will be amazed at the results you get and how fast it happens.
EXPERT TIP | Gary Furr, Organizational Development Consultant:
The steps sound like a lot to do and it can be overwhelming. But the key is to chunk it down into smaller increments. Think of it this way: If you make 1/10 of a 1 percent improvement in your business and your personal life every day, it adds up. It equals a 0.5 percent improvement in a week. That equals a 2 percent improvement each month, which is a 24 percent improvement over the course of a year. This is a lot and if it’s like compound interest, then that would double ever 2.7 years. In 10 years you would have 1000 percent improvement in your business and your personal life, including your bank account. These are serious results.
In 2014 I started working with someone who had been in business for five years. That year he had made his first profit so I started working with him because he wanted to sell his business. He was tired of working so hard and not getting the results that he wanted. We set the goal to sell his business in two years, and we communicated that to the one person who worked with him. We had clear direction and created a plan of action. As we worked on intense focus, it became clear that he was distracted at work. He would be in the office for eight hours but really he wasn’t accomplishing anything. He was distracted by LinkedIn, Facebook, emails, texts, and phone calls. I made him commit to spending four hours a day without distractions, intensely focused on his business and disciplined to do that each day. I asked him to commit to doing this from eight to noon every day, and that after that he could do whatever he wanted.
That adds up to just 20 hours per week. That was in 2014 at the end and in 2015 he generated $800,000 of cash in his business and he was able to pay off all his debt. In 2016 that went to $1.2 million. He’s still only working four hours a day but he went to $1.2 million in revenue and didn’t want to sell his business anymore because it was generating lots of revenue. He’s still only working 20 hours a week and he’s getting amazing results.
You can create the business and the life of your choosing, but you have to have the courage to step up to the plate and say, “This is what I want.” To download your own reference copy, fill out the form below. You’ll receive a PDF of this episode of Seven Steps to Accelerated Business Growth and continued access to information that will help you grow and prosper.
Fill out the form to get the full episode PDF
Leave a Reply