Unlock Sustainable Growth with this simple Model
Do you ever want to be given a plan, a step-by step approach or a list of instructions, “Do this and your business will grow”?
Well this is pretty close…
In the ever-evolving world of business, achieving sustainable growth is a goal that's often easier said than done. It requires a well-thought-out strategy and the ability to adapt to changing market conditions.
To help you navigate this journey, I’d like to share the SVO Model of Sustainability and Growth TM – a simple yet effective framework that emphasizes simplicity, verification, and seizing opportunities. By following this model, you can create a robust foundation for your business's long-term success.
Building Your Business: The Critical Role of Future-Oriented Work
Are you caught in a never-ending cycle of day-to-day tasks, feeling like you're always putting out fires, and never making the progress you dream of in your business? You're not alone.
Many entrepreneurs and professionals find themselves trapped in the whirlwind of immediate demands, leaving little room for strategic growth. But fear not; there is a solution, and it's called future-oriented work.
In this blog post, we'll delve into the significance of focusing on future-oriented tasks and how it can transform your business.
Is your best customer putting your business at risk?
What’s not to love about your favourite customer?
Whether it's the fact they’re wonderful people to work with, provide you with much of your business, they pay on time or you simply look forward to your interactions together; whatever the reason, each time you do business with them, it’s a good day :).
And why not? I love it when business is fun and enjoyable.
But could working with your favourite customer put your business at risk…?
Don’t wait until later to do this…
I was speaking recently with someone who had sold not one, but two businesses in the past several years.
I asked her what she found was the more challenging aspects of selling. She said that one of the biggest challenges was getting her processes in order. She didn’t build it with selling it in mind and certainly didn’t think about capturing her processes as they operated.
So, preparing to sell her business the first time was quite onerous because it’s something she had to start from scratch.
It wasn’t until this was in place that her business could be properly evaluated (along with other metrics).
Standard operating procedures are not only valuable when you’re trying to sell your business, they are actually very powerful to…
Do you think creating a valuable business isn't for you?
If you’re a business owner and you think building a strong foundation that leads to a valuable business isn’t for you - then I encourage you to continue to read.
You see - there’s a strong link between the value of the business and the freedom you, as the business owner, experience in your business.
I hear from so many owners that the reasons they started their businesses were to experience some sort of freedom - freedom to do work they want, freedom to create their own schedules, freedom to work when they want, and to create financial freedom. Yet, many don’t achieve these things.
Freedom = Value.
Why?
This one thing is at the heart of scaling
As you work to grow your business, do you find yourself ever saying, “I’m not sure anyone else can do this,” or “what I do is so unique.”
OR, “I wouldn’t even know how to train somebody on this, I do it differently every time!”?
If you’re interested in scaling your business and growing your results, one of the most frequently raised topics of concern is about consistency and getting the rest of your team members to deliver.
“If I don’t do it, it won’t be the same client experience” or “We won’t achieve the same results.”
Some of these perspectives may be factual and some may not.
Even if it’s factual now, it doesn’t mean that can’t change.
Leading in 2021
We can’t talk about leading in 2021 without taking into account the emotional state of our employees and our teams.
You may have seen some of the latest research around the Mental Health statistics for employees.
Here’s an excerpt from the Morneau Shepell Mental Health Index report from December 2020. The Mental Health Index report measures the current mental health status of employed adults amidst the Covid-19 pandemic across Canada, the US, the UK, and Australia.