Simplify: Dig your well before you’re thirsty.

dig your well before thirstySimplify

How would you benefit by knowing, with absolute clarity, who your ideal customers and/or employees are, where they are, how you can reach them and what you need to say to them that sets you apart from your competitors.

Think about this: What would it feel like to have all of these things?
• Less unanticipated problems which will mean less headaches and less stress
• Consistently improving results which will mean consistently improving income and cash flow
• Relationships of trust with every employee, vendor, customer and client.
• Customized Simple Solutions that work for you. Every business and owner is unique.
• Personal 1-on-1 mentoring where you can rely on someone with Competence and Character to help you to ask the right questions, come up with the right solutions, to help you anticipate problems before they happen.

What would your life be like a year from now if you were achieving one of the following:
1. The same results you are now getting but with less time, effort and/or money invested on your part.
Or
2. Better results with the same amount of time, effort and/or money invested on your part.
Or
3. Better results with less time, effort and/or money invested on your part
Or…
4. You might choose to spend more in time, effort and/or money and absolutely DOMINATE your competition.

 The best way to accomplish this is to simplify your business – the principle of simplicity or 80/20.

That is not a simple thing to do nor is it easy and almost impossible to do on your own.

If it were easy, everyone would do it and it’s almost impossible to do from the inside. By that I mean it is very difficult to recognize, diagnose and prescribe solutions for yourself.

Simplification always looks obvious after it’s done…but never before.

It’s almost impossible to re-invent from the inside out, because a fish in water can’t see the water for what it is.

Most (ailing) organizations are not suffering because they cannot resolve their problems but because they cannot see their problems.” – John Gardner

Here are 3 Essential Questions you need answers to when creating a Simple Solution:

  1. Since every business, it’s culture and owner is UNIQUE  you need to ask: How do we treat every problem, person or situation as UNIQUE? Solutions, whether created from scratch or swiped from a “Best Practice” approach, have to be made to Fit the Culture and Structure of each individual organization. Solutions need to be tailored to the uniqueness of the problem, people and situation.
  2. To create the desired solution, what forward-thinking, 3rd alternative and purposeful Information do we need in order to create a future living solution?
  3. How can we think Structurally about the Solution?  In other words, how can we make sure that the solution we come up with fits into the current structure of the business – uses the same language, fits the culture, people, systems, worldview, etc…

The attitude that leads to breakthroughs in your business is: You want to become an expert in the solution rather than the in the problem.

A good business coach or consultant will help you to dig your well before you’re thirsty.    

Contact us right now before the fear of disrupting the status quo sets in.

Let us be what your competitors can’t afford on their own – your virtual marketing department.

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Let me tell you what motivates me to help you build a BIZ to sell

Build itWhether exiting or selling your business is even on your mind is not really the question. Plainly, every owner eventually transitions their business. The significant question is: Have you created a business that is attractive and valuable enough that someone else even wants to buy it much less pay you big bucks for it?

Business value doesn’t come from just selling more or increasing revenue, it comes from being able to find, hire and keep the right employees who make decisions as good or better than you would make, it’s about knowing who your ideal target customers are so you can create a marketing strategy and messaging that resonates, stands above the “noise” of the marketplace and gets heard and understood because it is clear, easy to understand, memorable and repeatable.  It’s about having systems that allow your business to run on auto-pilot whether you are there or not. And it’s about Cash-Is-King – having positive cash flow.

Here are some sobering thoughts: [source: Exit Planning Institute]

One: 70-80% of all small businesses are not saleable for the terms and/or timeline the owner wants because it won’t pass the due diligence test. One of those tests is whether the business is dependent upon a single person or a small group of people – lack of systematization. No sophisticated buyer is going to even want to purchase a business like that.

Two: 80 to 90% of an owner’s financial wealth is locked-up in their businesses.

Three: 63% of the business owners indicated they needed the income from the business to support their lifestyle.

Four: 56% of the business owners indicated they needed to harvest the value of their business to support their lifestyle post-transition.

Let me tell you what motivates me to help you build a BIZ to sell.             

I’ve owned and operated a small business for over 35 years and I’ve sold two multi-million-dollar businesses that were sold on timelines and terms I didn’t want.

In 2003 I was diagnosed with stage 4 cancer and treated at Mayo for 5 years.

During these 5 years, I learned that my cancer was likely caused by my exposure to petrochemicals – a product extremely prevalent in my auto dealership.

I had two young teenage children at the time and I had to make a choice, keep my dealership and risk a reoccurrence of my cancer or sell and live to see my kids graduate and maybe even marry.

I sold it in 2008.  Not the peak economic time to sell.

Then three years ago, my brother got terminal cancer. Before he died, he asked for my help selling his office equipment business.  His dream was to sell for $5.5 million when he decided to sell at retirement.

The problem: He thought he had plenty of time to build his business to thrive without him, after all, he was still in his 50’s.

We ended up selling for a far cry from his desired amount.

Those two lessons motivated me to work with small business owners to build their business to thrive as well without them as with them.

Small to medium-sized businesses are the heart and soul of America.

When I sold my new car/truck dealership, I employed 82 people.

Like you, I never missed a payroll.

And like you, we provided access to great health care for them and their spouse and kids.

Our employees purchased homes, autos, recreational vehicles, groceries, took vacations, and their kids got to go to better schools all because we sold products and services that people wanted and needed.

When businesses like yours succeed (and eventually successfully transition to a new owner) the world becomes a much better place. Not just because of the money, we put back into circulation, but when we run a principle-centered BIZ, we affect the community as a whole.

Together, it’s businesses like yours that build the middle class.

It’s because of what you do, children get to go home tonight to a warm meal and sleep in a warm bed.  And tomorrow they get to wake up and go to a good school.

We don’t want to help you grow your business just because of you alone. We know what you do with your money. We know the legacy you are leaving matters to a whole community by creating jobs that matter and communities of co-workers that are truly meaningful.

Here’s to the success of your marketing and selling messaging, the systems that help your business run on auto-pilot and the empowered workforce that all allows you to focus on the real success of your business and the legacy you leave.

God Bless you and all you do.

If the owner IS the business, it’s worth nothing.
If the owner runs the business, it may be worth something.
If the business is totally independent of the owner and he or she can take 4-week vacations whenever they want, THEN it is worth money
.

P.S. After the execution of our program, you may not want to sell because it will be running so smoothly on virtual auto-pilot generating more cash then you thought possible.

P.S.S. Even if you’re not planning on selling, building your company to Sell It is building a company that is built to own.

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What It Takes to Say “No”

Most people do too much. Their lives are cluttered with unnecessary stuff and a confusing, burdensome array of choices. They waste themselves responding to the urgent while ignoring the important. They’re busy, but not all that effective. They’re burning calories they don’t need to.

In contrast, highly effective people think differently and are focused and calm. They concentrate on only the most important, and on the one thing that really matters.

So, instead of throwing more effort at whatever situation or problem you face, consider first, what you can discontinue.

The key to getting more with less is more about stopping than starting, it’s about knowing what to quit doing, what to say no to.

Create white space in your schedule, in your mind and in your life as a whole. It’s about emptying your days of those things that don’t justify your time and effort because the return on investment is so poor.

Imagine taking some of this new white space you’ve created by uncluttering your life and investing it in those things that really matter and count the most, work best, and bring the greatest rewards getting you 5,10, 15, 20 or even 100 times improvements.

The first thing you need to do is create white space in your life. Eliminate the deadwood.

The only place to get the time to create this white space, in the beginning, is from your Quadrant III and Quadrant IV activities.

To work in Quadrant II requires you to be proactive because Quadrants I and III work on you. To say “yes” to the important Quadrant II priorities, you have to learn to say “no” to other things.

Most people would say that the reason they are not as effective as they should or could be is a lack of discipline. On the surface, this sounds reasonable but if you give it deeper thought, the real problem is that their priorities have not become deeply ingrained in their hearts and minds. They haven’t internalized Habit 2 – Begin With The End In Mind.

A lot of people recognize the value of Quadrant II activities, whether they identify them as such or not. And they attempt to give priority to those activities and integrate them into their daily lives through self-discipline but without a principle center and personal mission statement and guiding principles, they don’t have the necessary foundation to sustain their efforts.

A Quadrant II focus is a worldview that grows out of being principle-centered.

It’s almost impossible to say “No” to the unnecessary urgency of the whirlwind, the popularity of the Quadrant III or the pleasure of escape of the Quadrant IV if you don’t have a bigger “yes” burning inside.

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