The 3 Main Drivers of Success in Business
If you’ve been paying attention, you know by now that we are fired-up business success strategists, financial mavens and we may have a hint of wonder woman, or at least it feels like it! We help people like you visualize and put action to your goals. Today, we will be sharing with you 3 drivers behind why you should plan, set your vision, and go for it. More importantly, today we will be helping you to make a solid decision of whether you want to realize your most important business goals or spend your time on other stuff 🙂
The thing is, business ownership is NOT suitable for everyone. That’s the truth. We know of so many people who were only slightly interested in the ‘allure’ of it and wanted to have more say in how they earn their income… but they never got anywhere (or worse, put themselves in a financial hole) because they either didn’t have the right resources or simply didn’t bother putting in enough effort and time and gave up along the way.
We don’t think many people understand that to achieve success, a person must first have the RIGHT REASONS and MOTIVATIONS so that their desire to stay with it stands the test of time and turbulence. And secondly, the Business Model and the numbers must work. It may not be easy to achieve your goals, a truth that sounds upsetting but teaches us a LOT about patience, resourcefulness and attitude. After talking to dozens of my most successful clients, we have distilled the 3 main drivers that keep people invested in and successful in their small business. And it may not be what you imagine!
1. STAY IN YOUR LANE.
Please, please don’t try to do it all and be a jack of all trades – master of none. This just does not work and is usually a very costly mistake. Know what you’re good at, and then surround yourself with the right people and systems for all the other stuff.
2. MONEY & FUNDING.
Many say that the number one reason why most businesses fail is a lack of start-up capital. I believe this to be very true and have seen it first-hand. Before launching your business, make sure your Business Model is sound, know it, test it and believe in it. If you truly do have a sound Business Model, it will tell you what you’ll need for start-up capital and make sure you have it. And it doesn’t have to be a million dollars, it may even just be a $1000 – but defining that number and sticking to it is KEY.
3. PROFIT FIRST, BABY!
Ok, I know maybe you’re sick of hearing me talk about Profit First but that just means that you’re not doing it. And that’s just plain crazy. Profit First WORKS. It creates a dynamic, well-oiled, efficient and profitable business. A BUSINESS CANNOT SURVIVE WITHOUT PROFIT. Profit First is a system that ensures profit and gives you a cash management system that works every time. What about you? Do any of these resonate with you?
We want you to get really clear on your reasons behind why you want to start and stay invested in your business idea and whether or not you’re willing to accept these 3 drivers of success. We’re not talking vague or superficial reasons like “I just want more time at home.” We want you to dig deep to truly figure out your why, your purpose, your reason… You may realize at the end of the day that entrepreneurship isn’t for you, and that’s absolutely okay. But if you realize that it may be something you are interested in, we’re here to walk this journey with you!
So, let us know… what’s your personal WHY for wanting to start a business? What would YOU like to achieve? We truly don’t think that it’s a coincidence that you are here. Comment below and let us know! If you would like to know more about working with us, check out our Services or visit our Contact Page! Above all, we want you to know your numbers. If you don’t know your numbers, you don’t know your business!
-The Spark Team