It’s already a little late for New Year’s resolutions, but do you always promise yourself to work smarter, not harder on January 1 and then feel you never achieve this at the end of each year? Don’t worry, you’re not alone by any stretch. The reassuring news is that there is a way. Have your cake and eat it too during business hours by implementing business systems and processes.
It’s normal to want your business to succeed (and often the thinking is that it’s then you can relax) but smart business owners learn to cleverly incorporate business systems and processes to achieve this goal far quicker.
The key to business success is to combine a profit-making strategy with a vision of personal fulfilment, meaning that the business generates profits while the business owner is enjoying life elsewhere – and this involves relaxing!
So what’s the best way to achieve this? We know from experience that some of our clients achieve this in mere months. We will examine the steps necessary to get there.
The first three steps are about vision, mission and culture. For the vision, answer in just one sentence; why does your business exist? Your mission goes into more detail about who you are as a business. The culture covers something essential; that your staff know a set of values in line with what you want from your business.
Another step is about being SMART (Specific, Measurable, Achievable, a Result and Time-scaled). Think about your goals for the business and where it’s headed, and use them to set the compass direction. Plan clear….and make sure your team members have theirs clear too.
This next step is one business owners often overlook – having an organisation chart might sound obvious, but it is surprising how many businesses don’t have one in place. Does everyone working for you know their reporting chain? Your chart should provide clarity around each person’s role in the company and what they’re accountable for.
It’s astonishing really, how many companies don’t have procedures set out for their business, let alone having manuals in place to show people how they work. If the knowledge is in your head or in the head of a few key people in the business what happens if they are no longer there?
All these steps lead to a final one, and in some respects, it’s the most critical. That’s the implementation of management systems, it’s the glue that holds it all together.
P.S. whenever you're ready, here are 4 ways I can help you get unstuck and moving forward:
1. Want to escape the 80-hour rat race?
Grab a free copy of my book. I wrote it to show you how I built a business that runs without me. So I could get my time, my family, and my life back. → Get your copy here
2. Need more consistent cash coming in?
If you're a solo operator and want to grow fast, our Business Class program helps you double your revenue in 6 months, or you don't pay. → Learn more
3. Already making decent money, but the business still leans on you?
Our Elite Program helps you build a team and systems that take the weight off your shoulders. You get the full Black Diamond System, plus a business that works while you don't! → Find out how
4. Not sure what you need, but know something has to change?
Book a free call. We'll look at where you're stuck, find what's holding you back, and map out a simple next step to get you moving. Did I mention it's free? → Grab a time here
