3 Steps You Need to Take Right Now.…if Your Business is Struggling to Survive
1. Stop pretending things are fine. They’re not. Be honest with yourself and others around you. If you have employees, they probably have a better grip on the seriousness of the situation than you might appear to have. And when you wear the ‘brave face’ around them, they inherently begin questioning your leadership, wondering if you even recognize that Rome is burning.
This ‘honesty’ permits you to ask for help and suggestions from other people, your employees, advisors, peers, family, etc. They can’t, and won’t help if you aren’t honest about the situation. Just like anybody else, you’re not expected to have all of the answers, just the ability to ask for advice.
2. Dealing With Your Business Challenges. Nearly always, your business finances are a reflection of problems and issues buried deeper within your organization. Is cash flow bad? Then start asking questions and getting answers. Why is it bad? Are people not paying my bills? Are my expenses too high? Are we not selling our products/services? The objective is to zero in on the specific root causes for each problem.
One of the best ways of doing this is take this opportunity right now to sign up for a subscription at www.MentoringSuccessGroup.com. They have a powerful assessment and analysis system that you use monthly, which is specifically designed to identify potential root cause issues in your organization. Best of all, I’ve been told that for the next few months, its completely FREE of charge (normally they charge $249.95 / month). When you register, use the Subscription Code of FF90TRIAL to get your FREE access.
Do it right now, I’ll wait….
Once you begin identifying and isolating the specific challenges your business is facing, you’ll find it easier to conquer them one at a time. The old cliche is appropriate, “How do you eat an elephant?” The answer is, “One bite at a time”. Identify the root causes of your specific problems, then begin solving them, one ‘bite’ at a time.
3. Dealing With Your Personal Challenges. It’s so common for business owners to look up and wonder why their personal life has gotten out of balance over the years. Many times we begin our business to chase that illusion of freedom and independance…working when we want, financial freedom, personal fulfillment, etc. Then, after years of working 80 hour workweeks, we look up, and realize that our kids grew up and left home with barely an acknowledgement from us. It’s so easy for us to get sucked down that black hole of “I’m doing this for me and my family”, when in reality, we - and our families - have been deprived of the one thing they’ve needed most….us.
So, the final thing that I want you to do, is go to www.Pay-My-Bills.com and again sign up for a free subscription. Don’t let the name of the website fool you. This isn’t a bill payment website, or a request for someone else to pay your bills. What it really is, is a holistic assessment (and ongoing mentoring) of your quality of life from a financial, mental, physical and spiritual perspective.
Pay-My-Bills.com takes the perspective that our quality of life is like a piece of precision machinery. When one aspect of our life gets out of whack and overtakes other aspects of our life… it’s kinda like washing your jeans in the washing machine, and they’re a bit unbalanced….thump, thump, thump.
How many thumps do you need in life before you take action to turn things around in your personal life? Like I said earlier, sign up now at www.Pay-My-Bills.com. At the moment, they’re in the middle of beta testing their new assessment engine, and your signup is free (at least for a limited time).
Survival is the most basic of all human instincts. But it requires positive action and decision making on your part. Take advantage of the adrenaline rush from your own personal ‘flight or fight’ syndrome. Sign up at both of these websites now, and refocus your efforts on specific activities that will achieve the biggest impact in your personal life and your business.
I wish you all the best!
