The Small Biz Paradox
“By the time I built my 10th company I clearly saw the paradox every small and growing business faces. The paradox is this: what got you there will never keep you there because there is no there there!” ~ E. R. Haas, CEO
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The Small Biz Paradox…
The dilemma — you want to grow your small business to become a titan of industry.
The paradox is that your business cannot grow any bigger than its leaders.
It will never grow beyond your abilities because you simply will not let it.
In the end, the more you try to grow, the faster you will fail…
Unless you have a clear strategy that preempts this paradox!
Case in point.
Every small business reaches a tipping point where the skills of the owners are nowhere near strong enough to reach higher and run faster.
So, the natural decision is to “take it slow”.
Which, of course, will kill you faster because a more able competitor will sweep in to eat your lunch.
More visually, to grab your lunch from your hands… kick you where the sun don’t shine (as they say)… then run away with your girlfriend.
Why?
Because, as heartless as this sounds, they can!
You permitted it.
You didn’t grow fast enough to attract the right team…
You didn’t grow fast enough to build really great marketing…
You didn’t grow fast enough to create strong financial systems…
Which means your money dried up…
And the Grim Reaper took its toll.
Look back in time…
Think about the birth of Whole Foods. Another drop out of college story where they borrowed a few bucks to start a natural food store.
Which promptly burned to the ground.
But their customers LOVED the store, the leadership team, and the cache, so they help them restore and grow…
To the point where Amazon acquired them for $13.7 Billion in cash!
You might say the paradox became an enigma!
Every small business knows they must work smarter than the competition or they will be placed on the endangered list.
A failure to take the 10 business-critical actions, and do them well, means just 1 of 2 things…
- You fail because you don’t expect to succeed in the first place — you lack a living strategy for success…
- Or, you failed to execute the strategy and your results were less than expectations.
Of course, if failure is not an option, then you must perform as if your life depends on it — because it does.
A Simple Strategy…
Once you determine what you are going to make happen you can move forward toward the goal. Until then, you become overwhelmed, locked on the horns of a dilemma.
A simple strategy, executed well is the key to growing the next Apple, Whole Foods, Nike… even the next hot new restaurant, cycle shop, or salon.
We make strategy push-button simple.
You answer a few deeply engaging questions, tell us what your objectives are, and we give you the answer to the question, “What should we do next?”
Your Choice: Hours vs. Years…
MyBizIQ is like gaining the operational savvy of a Harvard MBA in 6 hours… not 6 years and $500,000!
Your Stress Test takes about an hour. Simple questions but profoundly predictive.
The personalized results will take you 2-3 hours to fully absorb. We have distilled the complexity of business success into a simple to understand, gaited package that guides your thinking at every step.
Then, each week you return to your secure, personal strategy page and review your actions, decisions, and your next focus.
The result is that you know exactly what you must do NEXT.
It means thinking WIN WIN…
What’s Important Now?
What’s Important Next?
The Key Word For This Decade: Volatility…
Just look at the crosscurrents of a constantly changing business landscape: China trade issues… NAFTA… ruthless competition… lack of quality and quantity of new hires… tough new business regulations… the list is endless.
Let’s take a quick walk around the Biz IQ Success Clock.
And what you can do to tame this volatility and chaos is equally endless:
√ Faster new product development and innovation…
√ Smarter marketing…
√ More effective customer creation and retention…
√ Better financial controls…
√ Better operations management…
√ Better admin management…
√ More responsive actions to local business conditions.
Yes, you have thousands of choices — some good — some bad — some just ineffective — so you must choose wisely! Which is what strategy is all about.
To join the ranks of long-term successes like Apple, Amazon, Dell, Whole Foods, and a million small business who play the game of business to WIN, you must reenergize, reorganize, and reinvent your business — continuously.
It means thinking strategically and acting tactically.
√ Chaos will reign this year — get used to it…
√ Volatility is the new norm — complaining about it is counterproductive…
√ Business conditions will be good and bad… sometimes in the same month…
It is up to you to navigate these conditions and WIN. Proof?
This Gallery depicts businesses that all started with no more than an idea, little cash, but still turned into a Goldmine… after facing more than their fair share of heartbreaks and tough times.
There will be more Millionaires and Billionaires created
this year than at any time in history.
Why not you?
Check out our Midas touch Bundle.
This is a lot like gaining a Harvard MBA for only $97 Bucks!
Category: Business Growth, Featured
