Let’s be honest: what’s the one thing each and every business wants? Success. Happy clients. More business.
Okay, that’s three things, but they all lead to the same end – growth. Every year, business owners around the world tell themselves this will be the year of growth. While it’s definitely easier said than done, it’s also definitely possible to grow by leaps and bounds this year, the following year, and beyond. Here are a few sneaky secrets to set yourself up for business growth.
Create a Plan for Success in Business Growth and Stick to It.
If you’re not creating plans for your company on a regular basis, you’re not planning for growth. Ever heard the old saying, “Goals not written down are just wishes”? It’s absolutely true. Write up achievable quarterly plans – rather than lofty annual plans – reference them often, and follow them.
When asked the most important factor in achieving their level of success, both Warren Buffett and Bill Gates gave the exact same reply: focus. When they had a goal for their company, the entire company focused on that one, singular goal and relentlessly pursued it until it was achieved. Then, they simply moved onto the next goal, using the same method of pursuit. Guess what? It worked. The reason it worked is because it does work, and it will work for business growth for your company. Focus.
Don’t Get Left Behind.
One of the fastest killers of any company’s business growth is falling behind in relevancy. Competition can slip past in an instant when they have more modern and updated offerings. When was the last time you assessed the technology within your business? Is there anything out there one of your clients might request to which you would have to answer, “We don’t offer that”? If so, it’s time for another technical evaluation.
Plan. Focus. Stay Relevant.
It’s worth reiterating. Lay out your realistic immediate and long-term goals, focus on each until you’ve reached them, and stay a technical frontrunner in your pack. Set yourself up for success in your business growth – it makes it that much harder to fail.