What You Do NOW Will Define Your Next Decade
What You Do NOW Will Define Your Next Decade
Regardless of the current size of your business, you must now position yourself to take full advantage of both local, national, and, if relevant to you, international opportunities. 2020 is the time to grow your business for 2021.
The first step is to organize and grow your business to enjoy the lifestyle and profits while positioning yourself, as the owner, to take advantage of the changing economy
Why not have your cake and eat it too?
Start by thinking and writing down the answers to some of these questions:
- Am I increasing my revenue, EBITDA*, and valuation multiples?
- Will I ever be able to sell my business, or is my business me?
- Am I too busy working IN my business versus working ON my business?
- How can I show value to my biggest customers to keep them for life?
- What if I had prospects come to me versus me making cold calls to prospects?
- How do I make changes in my business model to stay relevant?
- What if I could create a higher lifetime value of my current clients?
- How can I get my customers to become raving fans?
- How can I ignite a program that brings a continuous stream of new customers to me?
- What if I could systematically have a process that runs my business that creates growth year in and year out and increases the profits for me to enjoy a lifestyle I deserve?
- How can operational meetings with my clients result in a sales meeting?
- Do I want to sell my business in the coming years?
Please take one of the above critical aspects at a time, in order of your priority, and ACTION it.
ACTION is the mindset you need to adopt now. How about letting your business work for you rather than you for it? More than 80% of five-year-old businesses fail because owners are working full-out for their business. These critical aspects need to be ACTIONED, not just for survival, but to get you to the next level of prosperity.
Action today creates the next decade for you!
P.S. “I like to pride myself on thinking pretty long term, but not that long term.” – Mark Zuckerberg,
Facebook founder.
