A business consulting prospect and I were talking the
other day about his horse business and the
frustration he was feeling with his lack of
progress.
After listening to his story for a few minutes, I could
tell that the Nodanuffs Gang had ridden in and taken
over his business. No, the Nodanuffs Gang is not
part of the Russian mafia; let me explain what I
mean.
Most small business owners, especially professional
horsemen, are robbed of success in the growth of
their businesses by the three villains who ride in a
gang known as the “Three Not Enoughs.” These
hombres represent the three things that
hamper small business owners the most:
- Not enough time.
- Not enough money.
- Not enough of the right people.
Not Enough Time-
The possibilities are endless for ways to
spend your working day. The clock reminds us daily
that our supply of time is not endless. If we
let them, time robbers slip into our lives and steal
precious hours from us each day. The solution to
eliminating time robbers is learning how to say no to
doing things that aren’t important to your business or
your personal life.
It takes courage to start saying no, but the habit will
form once you start to see the benefits of being
focused on the things that are most important to you.
Not Enough Money-
Having enough money means that you are in
a financial position to do the things you want to do
when you want to do them. If the not enough
money villain has been troubling you, is it time to:
- Raise prices?
- Dump the non-profitable activities of your
business?
- Actively prospect for your ideal customer?
Not Enough of the Right People-
You are very good at what you do, but you are
exhausted dealing with some of your employee’s poor
work habits. Or worse yet, a key employee has left
your business and her absence has left a large gap in
your support team.
Every successful business owner developed a support
team of traditional employees and/or contract
specialists to do the things that he or she had no
time to do, didn’t like to do or didn’t know how to
do. Having all of the support positions filled with top
quality people in your business is essential for
success and keeping the Nodanuff Gang out of your
life.
It seems simple doesn’t it? When your business
delivers these three
things, consider your business a success:
- Enough time
- Enough money
- Enough people
If the Nodanuff Gang has been hampering your
business, give me a call or send me an e-mail. Click
here
Action is the first step toward problem solving.
