Y ythig i y hv thsism. Ethsism is th yst tht mks y hps is t th sts. Ethsism is th spk i y y. t is th sig y git, th gip y h, th isistib sg y i y gy t xt y is. Ethsists ights. hy hv tit. y hv styig qitis. Ethsism is t th bttm all pgss. With it, th is mpishmt. Witht it, th y ibis.
Henry Ford
by Howard Howard Man n
Cpyight © 2007 A ights sv. N pt this pbiti my my b p, istibt, tsmitt i y m by y ms, iig phtpyig, ig, th ti mhi mths, itht th pi itt pmissi th th, xpt i th s bi qttis mbi i iti vis ti th mmi ss pmitt by pyight . F pmissi qsts, sbmit th tt m i t .bsissbiky .m vi mi t th ss b.
Contents Abt this bk
6 Reconnect with your purpose. 2 All truth is in the cash account. 2 Find your true story.
k sig by Rb Wyh Wyht t .byht.m
Singles and doubles.
Pit by Gti Pitig, Vv, C ISBn 0-9801543-0-6
4
Fit your business on a single page.
44
Escape desk gravity.
47
Dene your business with “no.”
Goaljumping.
4
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Accelerate through the nish line.
26 Lose your nemesis.
Relationships, not sales. Pay ast. Get paid even aster.
About this book Business is supposed to be un to run. t t tht y h y gt stt, ight? t smh g th y, stss mpxity bi th . Gttig thgh th y bm th s ist izig y bsiss’s t ptti. y ig y h i giti, this bk is y. Y k vythig i it y, bt, s my vit syigs gs, it hs bm “h t th b m isi th btt.” is bk tis spks t mi y th p simp tims, th p gttig th bsis bsiss pt. Whv thigs ik thy gttig y m y, hv y bsiss s t t , th siss iky i hp y t ith y gs pssi hi miig y tht th bsis i sppt y ys. NROuCON stmb it th siss iky h s thity-th ys —thgh ish h mmb it mh s. h ty s th ight gistis mpy ’ b ig six ys ( kig i m th tv); big mist i th i yg bsiss . t
t s g t s i ’ y sviv ig y t th st mit mg t sk i g i. Wht h stt s pssi bm pivt h. h ys tht p t sig th mpy hii mssiv t k iy kk- g-t ight sviv. h bk pss, st pbms, p-pyig its. ig ght i th mi v-ig “s t” spi mthi mthigg svis ith mptits h h sigity m my th s st s tht sippy sp ig m ss. W h t sp t py th bis hi tyig t th sp ( tim) t -ivt th mpy s it iv p t its pmis big “ t .” gig t k h y. ks itt mt s thy jst tim t h ’t b i th btt. t s y, sy, -smig, -smi g, sttig t ht mst pp qt ith bsiss ship—ht, s t t, my, many ths xpi. Wh it s v, iz h my ys h pss by m. pt ty gt mpy— mpy ith mzig pp tht sv sm ti its. t i’t jy th i hv tim t jy ht m my mpy gt. oo many business owners are going through what I went through. Running a business has become too lonely a path. h m mpx bsiss gs, th m k hvig k-si ti i mp pbms ivt ttti t th g thigs. s bsiss s k p t (th pvbi) 2:00 aM
gizig v hy thy st t t th st pt bhmth, hy thi tst mktig bst is’t mkig th phs ig th hk, thy jst hv tht ggig ig tht t m s t gt . (F m, it s ys th iv hm tht h m thikig th thigs tht t hppig st gh.) Evy ts t g t th “st s” tht i istty pp his h bsiss t tht siv “xt v.” Wht thy y t is g bk t thi siss iky.
Te Business Brickyard h bst y t vi imit th smigy vib pth t -smig mpxity stss is t tk stp bk t t ys y bsiss t th timss bsis ig bsiss. ths bsis siss iky. ’s hy… Wh stt g, my m mt’s tb tm s sig i ti —th ti th mst stiv sss. t tht y thy h , -ss h h gt th tm s xtig th bsis pty: pyig h vy py, bkig, tkig, ig h, thig th b. L bh thy thi st th gms th ss. y th th gm, thgh, thy stt t biv thi hyp itt t mh bg gttig th mts tht p thi vitis. h ivs pp mb psss s thy s m pig kis y mvs, gy i vythig xpt th th b. tm stmb t isppitig ss.
Wh pt sk th h ht h s gig t i sps t th ss, h si h s “sig his ivs bk t th biky.” h “biky” s pti i h th ivs st 20 t pt tss , bik bk th t h th. pt is simp : y ’t py s ttti t th vy bsi ski thig bik, it i ht— t. N y mvs, yig ths, jst thig bik. v gt tht simp img t hs thig h, bik. Wh s my bsiss, h tim t t ht t ight ht t g. A mmb tht biky img m g tb. iz th biky s th pt mtph ht bsiss s : giis ( th mst bsi pti is) tht i big bk th ss t tht tmps vsity. s giis ht th its t siss iky, th sttgy, mktig, mmitis gy . At TBB, im t tty imit htv it is tht his y biity s bsiss t jy y psiti ppy. Y s, bsiss s sh t hv t g thgh ht t thgh. thgh. At TBB hp its t t pps, s th mts bsiss, mst gt mktig, gg i psistt ivti i bth th i i s. sht, hp its mk thi bsisss t . A it is spps t b ! y t it, ig bsiss b th gtst m y hv y th i it sppts.
m ss s my mpis ght p i kis y pgms, iititivs, visis g, t. s hv gtt th simp thigs tht sistty gt sh th bsiss; thy hv st th ith thi “bik” ti h stms pt ys ptt. smthig tht s ik sss hs t izzyig b tht s impssib t sp. ’t gt m g. v ivti, mktig , big, sig thgy t thigs btt. m, th is thig btt th bkthgh i. t sig phs y , ig pp bk h y sy y i, spig t mis pmpty, tivy istig t xty ht y stms y t, mst ys m st. s kis bsiss mts hv ys k ys i. s th sts this phisphy y t tst my bsiss xpis ith ht jy ith TBB. W hv h sty ib gth y t y ’v it mis th stt y s t y vy y. st imptty, sss hs m itht yig bt mptits, yig th ppv bk xtiv, pttig th mpy t isk t y tim. Wh y stt ith th pmis tht y spps t b jyig y bsiss, it bms mh si t giz h y t. Wh y mmb th impt th bsis, y s tht y ig y bsiss tht it is’t ig y. Te way to sustained success is not to pile on complexity, but rather the opposite.
s y s xtig y bsis pty y i is y pity t pvi tht ky svi pt tht is iq t y bsiss. is bk s itt th bsiss s h t vy bsiss is gt bt h k i thi hts it b btt—btt iy btt i tms h ig y bsiss mks y . h pts (“biks”) pst th ig pgs tib ty. t’s gt t it! Ji m i pikig p th biks biig ti y th bsiss y .
“
Only a clear
—even idealistic—purpose can provide the direction, unity and mutual respect that bind a company to itsel and its customers and creates a truly unique and
exciting brand […] Purpose becomes the
reMeMBer wHen y stt y bsiss ( v stt i it) ith pps, pssi pssibiity? m pp might t y tht y’v “g p” si th “th y th ks.” Pity. thik y h it ight h y stt, th m y st tt ith tht igi ti t p pps y bsiss, th ss it hs bm. t’s tim t giz tht b ythig s hs h t tk t g, y t t t tht pps t vythig s y bsiss s g m it. Lk y mig pps i y mktig psitiig sttmts is ip pthy, ighty s. Fiig pps sh b th st
moral engine o a company, the source o its energy.”
Nikos Mourkogiannis Purpose
thig y h y hit th iky. Y g is t t ith th t p y bsiss. Nthig s g sistty itht it. As ms Kmpis si, “ ti th biig, th p th ti mst b.” Your purpose should be a true reection o why you do what you do and what makes your business more un to run. It should live at the intersection o what you truly do better than anyone else and what your clients truly care about. t sh sv t p t iititivs, sttgy, is. y iititiv s t t t y pps y qiky tss it si mv . ik bt th u.. ii isty. st iis th bsis py. (Ftty, thy gt th yig pt ight). g ms thst. A th bsis y : pmpt t ps, simp piig, iy svi s gttig y m pit a t pit B. y hv pps tht b stt s “Eity hpig pp tv t h thy t g.” A, gss ht? Pssit stms! thst hg vythig. Nthig y bt thm tht ths t py. A yt thy ’t ’t. thst stt i thi iky jst kpt ptig th bsis. A ths bsis k. ig tim. Jms ys, th ms pi ith th y vm , si, “ jst thik tht thigs sh k ppy.” stt phm i hs ig, t ith th big th
shttig pt, bt jst ith vy stg ss pps. yb y mpy s’t ig . yb it jst s stg ss pps. Pps s pssi pssi is th ss, imitss tht kps y bsiss t . Cmpis sh sp m tim ig mmitig mm itig tht pps. A thy sh sp v m tim xtig ys t mk it ty tgib t its. s t pt th pps tht is iqy ys, hv t g th y t th pssi visi tht iv t th y bsiss. ig this pss, ty t s th y ys y bsiss th ms tht ispi y. m s th ms sti th , bt thy gt t by th “is” tht hs bit p s y bsiss vv. is bhi y pps ts y mpy. tths y i xist hth t mpy is th t pt thm it pti. is ivs.
Practice Drill What Is Your Company For? o undersand and uncover your purpose properly is o rs see i beyond is own borders. ake a momen o reec and wrie abou wha your company is or. Wha higher belie is i expressing? Don’ hink abou wha you do, bu why you do i. Why do you ge up every day? Wha do you like abou your business, wha i does and wha i can do? How, in any small way, are you rying o change he world? Ten consider w ha pars o ha business your cliens truly care abou. Purpose will turn into proft at the point where what you believe and do best connects with what your market truly gives a damn about. An unbeaable combinaion.
wITH THe low coST big my th h bsiss i tht smigy ’t miss, it is t sy bsiss t qiky its ig ss th it is spig. Wh tht iy sizb ight gistis mpy, th isty s piy sitig. t s t g b my mpy bg t s my mths t tim. N, (h is th pt tht my s t mii) ys h t st big pspt tht s s t mkig isi t s svis, tht jst itt m tim t g t ptbiity. W h mptits tk bsiss m s bs, thght, thy h sm thgi vtg vtg tht h t bi t mpt (’ tk tht i
shty). O thy t piig i sm spt ttmpt t st s m th pyig . s tiiztis mst ys tps tht kp y m ig ith th tth. A g i mt, Chi h, qiky bght m bk t th tth h tim gt ght p i ths mm “i y’s.” sy, “, tth is i th sh t.” sh? Phps. is, s, m t bsiss th th sh i th bk. t the best way to stay in control o your business is to start by spending less than you take in. Giv tht t y t bks, ivsts, y s sm th pst spts ig y bsiss stt sippig y. pty pp h i hp y mk vy y gm. y might sy thigs ik, “Y hv t sp my t mk my.” A tht is s g s y hv it rst t sp it. sy, s ths simp s: . y t t th stss ig y bsiss, sp t st ss th y . b. y t t ivst i y bsiss, ty sttgy, b ivtiv, it ith th my y k y hv t ht y hp my b mig i. . Nv bt y mpy y --thig i. Wh y gt tht big it, thy py th st ivi, y s it i y sh t, th thy ty it. Ays mi ys tht y sh t is tht , hst i h i v i t y.
THer e I S a loT of Ta l bt bsi bsiss sss s isv isvig thi “sty.” “st y.” Wht ’t h mh bt is h t iph y t sty m y s sty. Wh sy “s sty,” m tkig bt th is tiiztis t svs t pv svs ight g bt thigs tht hpp t s i i. t s sty is y th t tht vy xpi thgh t t it th s t t s it. is sty is th st ys t it thikig thikig hih simpy s vs t ptt s m sm pi tth. sisss p t s stis t. thy t b? sisss by mpis h bh pp tht h hs his h st ths s stis. A bsiss’s
s sty might b mpis ss hy thy st it, ss hy thy t mkig gh pt, ss hy thi mptits st tht it y, h th stms pi i th k, v hppy, t., t. A stis. Fs s. hst ith svs, phps i pivt mmt, might giz sh stis s th xss thy t . y mptits y s bmbig s y vi thy , h is it tht thy t y sti i bsiss, bt mptig ith y s ? y y ight bt y sty, y hv m bsiss th y h. What i you told yoursel that you lost a piece o business because some o your competitors, right now, really are better than you? Wht i y mitt t ys tht y y i’t py pp ttti t th psiz svi y tt ig th ss pss? W tht b s b? Y ’t hv t s y s th st. t y hv th h t it y. Oig p t y s sty s y t y t sty. Oy y t sty pvis si jmpig pit t tk ggssiv ti t stig hg.
Practice Drill Lose Your Story, Find Your Truth Tink o he las hree o ve cliens you los or he las ew prospecs ha chose your compeior over you. Wrie down he reasons you old yoursel and/or everyone else why you los. Look or your alse sory. Now wrie down wha he ruh could be abou each siuaion. See how much easier i is o see how o ake acion rom he ruh lis? Te alse lis les you you si idly by raning abou how unair business is. A wase o ime and opporuniy. Now wrie down he rs acion you can ake. urn hose acions ino iniiaives in your business and real changes will occur in he culure an d eel o your company. Quickly. Quickly.
“
At Netscape,
the competition with Microsot was so severe, we’d wake up in the morning
thinking about how we were going to deal
with them instead o how we would build something great or our customers […]
I BelIee THaT vy bsiss hs t st “msis”— h-iv mptit, th mpy tht st big it, st ky mmb y st, this jst sistty pisss y i sm y th. m bsiss s k ith, th m it sms t b ky impimt t gttig t thi iq tths, tivity, p. Obsssig bt y mptits, tyig t mth bst thi igs, spig tim h y tig t k ht thy ig, / msig y mpy gist thm—ths tivitis hv gt iig tm. is pit. st, y simpy phibit y mpy m ig its y t b ty mig t its
What I realize now is that you can never, ever take your eye of the customer […] Even in the ace o massive competition, don’t think about the competition. Literally don’t think about them.”
Mike McCue Fm hgy hgy t Ntsp
its, st, pspts. Y bk y mpy m ig its itity ggig ith th pp h py th bis. Pt th y, “Keeping up with the Joneses” never lets you enjoy your personal lie. Why would that adage help you to enjoy your work lie? m k bms bt y mptiti ss bt th stms h y ttti, th m ig y bsiss i ik ss, stss- gm th p psmship. is is t “s y stms” thy isgis i it ths. s is t m pmt pth t bkig t mty b hbit. is t tht y sh t vi: Your competitors have never paid your bills and they never will.
Practice Drill Goodbye Nemesis, Hello Fans .
2.
. 4.
Here is a simple program or business owners o go hrough o lose heir nemesis. Tink o i as a sor o a compeior addicion inervenion. Wrie down an exhausive lis o every hing you know abou your compeiors: wha hey do, he secres you know, wha he marke should know abou hem, ec. Come on, ge i all ou. ake your lis, nd a ver y all building, go o he roo, and hurl he lis o he roo. roo. Or, or he more more civic-minded o us, pu ha lis hrough he shredder. Now wrie a lis o your bes cusomers and a lis o your sa members who really care abou he uure o your business. Lis ou a way you could show hem appreciaion on a regular basis. Next steps: ake ime o learn abou he people rom Seps and 4. Wha are heir goals and dreams? Focus on he specic hings you can do o help hem achieve hose goals. Remember, you now have he ime o do i since you no longer have o hink abou all o ha crap rom Sep .
In raM cHaran’S Proitable Growth Is Everyone’s Business , h givs ittig m t th bst gtm bsiss biig sttgy k. is sttgy hs bm mt tiy ph t its t TBB. t is t th ht hs m bsiss g. sttgy? “Fs hittig sigs bs.” As . Ch s pty pts it: “m s ’t hpp vy y v vy .” t-m g th stis tht ti t gt mi vg hv psh th bsiss mmity t s y t mh th hm . siss s i pt thi bsiss i pi ( i h it v t bk vt pitist) tyig t tht mii- i. Ems mts
tim, gy, my spt this misit s. ig, big mistk. How can you enjoy the everyday o running your business i your success rests on the rare occurrence o “hitting a home run?” A s m sistt pth— tht s t x hm s—is gig “sigs bs.” ittig sigs bs ms sig gth bs impvmts t xtsis y sttgy, bsiss m, stm s, thgy. igs bs m m isipi, tiv, ivtiv impvmts t th mts bsiss. igs bs t m m k i th vi mi. Rth, thy st kig t th bsiss m th tsi i, m stm s bk it th mpy. t, thy m th ti th pssibiity hm . vig th pti t hit sigs bs mtiy mti y hgs y biity t b i btt t th t y bsiss, it shs y its y i stt stt gth impvmt—ps pvmt —ps y’ jy th i. m y s sigs bs, th btt y s tig it hm by its mmtm.
Practice Drill Plan a Keynote One way o make sure you consisenly deliver and communicae hose singles and doubles is o plan a keynoe address wice a year a which you announce your company’s laes news. Se up an even specically geared or your cliens and a handul o grea prospecs. From your unique perspecive as he business owner, you will show hem all o he cool hings you have been doing over he pas six monhs (many ha you have promised hem rom he las keynoe), provide sneak peeks a amazing projecs in he works, and le your cliens become ineced by your enhusiasm. Make i ar more han a speech. Make i a showcase or he passion you have or your business. Le he people on your eam ge ou ron and shine. Make i a ruly remarkable experience or everyone. Te susained word o mouh your keynoe will creae will easily surpass he markeing iniiaives you have planned. A a racion o he cos. Se a dae oday or your rs one and sar a lis o wha you wan o alk abou.
B THe MIddle 2005 mys tty stt isht ith th h ig, psptig, ss thig. t is v ig hs , ky, qit mpty tmi xist. (s y ty jy it?) my smigy ss sh smthig tht i t ik ss pss / ig sp sipt, v Kith Fzzi’s ti bk Never Eat Alone . s t ith th bk h v t ys g, vy ky’s Dig Your Well Beore You Are Tirsty . pmis bth ths bks is s simp s it is p: Ps tiships p y bsiss th bst bsiss tiships ps.
“
It’s human
nature or people to take precisely as much interest in you as they believe
you’re taking in them. here is no stronger way to build relationships than
taking a genuine interest in other human beings and allowing them to share their stories.”
Danny Meyer Setting the able
y s sy ihig y bsiss tiships, th st i tk its. Pp giv s t ssps, bt thy m ptships g bsisss ith pp thy hv tiships ith. Whih tti ts y bi ig bsiss? Whih is m ig vy v? ig m th ighty/tty , biv tht 20 y tts (myb v s s 10) q 80 y v sss. big st t sss is ivig xtiy v t tht 20 v ssti pi tim—hih ms t ty s tts mst s. h bsiss s gt ght p i t sig th ight tiships? qst t t bsiss s st vy ps v mt it ss bks phs, i p ith mst ist tht is impssib t mg. is mst ist ts tht -imptt ist ty ky tts thgh th ks. Wht i t systm tht s tty s th mst imptt tiships hv? Wht i this systm hp s s ht ky its’ gs h hp thm iz ths gs? is simp, s, “py it ” pph pts t psitiv gy t tht i gt ts. h sts sig my ky 20 hv hg my bsiss , jst s imptt, th jymt gt m it. At TBB, t m hsig pp k t bsiss mig t s. N mgi. Jst th st shitig s t sistty psistty ivig vt v t
mst v tiships, itht skig ythig i t ttig th st tk its. Ask y th mst sss bsiss s ht hs k th mst thm ’t thik y i t y it s AC!, s.m, y th “AC” ss pss. hi s ( ivs) bit th p thi tiships. tiships.
Practice Drill Focus on Your 2% Te choice is yours. I you enjoy racking sales pipelines, opporuniies, sales quoas, and “deals” hen here are a on o sysems ou here ha ll he need and w ork quie well. I, on he oher hand, you hae he idea o cold calling and prospecing, simply go o ha address book and lis ou he 20% o your conacs who maer mos. mos. Do you know heir ineress? Teir bigges dreams and goals (proessional and personal)? I you don’ hen ha is a place o begin. Once you do, mark down nex o each name wha specic acions you can ake ha will help ha person realize hose goals. Wha connecions can you make or hem? Wha knowledge can you ranser o hem? Call hem up. No agenda. No “asking or he business.” Jus deliver value relevan o hem an d keep doing i. Remember, i akes weny-one days o make a new habi so you need o push yoursel a he sar. Se aside en o weny minues each day o do his oureach. Afer ha, i becomes second naure and, dare we say i a gain, un.
my . Wh sk h h i it s shk t th simpiity his s. tk k t ist ht his its him h g it s tkig t gt pi. st t t visit h vy stm hims. t thm, “W t bk. y t t ti t b stm th y t stp ttig s ik . Y tiy t t t stt pyig s ik .” s iig t s it i thy i’t v th tiship gh t py pmpty. st i this mt shit s hg sg i sh i th bk ( “A tth is i th sh t”) tht gv him th p vg t sp my xpsi, mktig, ivti, qiig th mpis tht stpp sh.
eer one loe S t tk bt bt sh . . Y Y cfo i k h t st psitiv ight th bttm i y pt ss sttmt. Y might gg i mpx yss sh , mtizti, tig y pi it ivis s sst igig th s y hv t pi yt. t b tht ms m mt phisphy tht sts vythig s i th ight iti: Py st. Gt pi st.
. Repeat ater me, “We are not a bank.” h h ith gtm h, t th tim, s th ce o th gst ight mpis i th . h g it t this psiti i ghy v ys m bsiss tht s simi i siz t
2. Pay ast. t’s tmptig t pt ys th bk bt h g y stig t pyig bis ivis. t i tht is h y t pt y bsiss, th y y hv sm ks i th ti. m tths: . Y t t b v by th bsisss tht si y thi it. b. N mtt h g tiship is ith y vs, thig i bk it st th y big sy py. . Evy y y ’t py tht bi, y stss t th bsiss ’s i t his h bsiss. . Wh y py st y bm siby m vb s it. Oy g thigs m m tht psiti.
. Get paid aster. mk tp y k y bsiss, y t gt pi v st th y py ths. hv g it bit ti this tpi, ith g s. Nthig mp my ight bsiss m th h g it tk s t gt pi by its. t s s t sistty is big m bks, hih gbb s m pss pss t vy th spt bsiss. us ths piips ith y stms its: . k it ight t th stt tht y i thgh s y its, bt thy mst py y i timy m. ht timy ms t y. b. y bis t t its ight y. ( m mz t h my vs hv t sk t s m ivi.) . tss bt tig th my tht is t y h it is . m y b this , th th it th h y i si. “y imptt stm s it is k” i t t it. Wt t ppit y its m? Wk ith its tht kp thi t tk vtg y. A ths piips t y bsiss p, p jtis, c pstti psttis, s, ky gs th y. st imptty, iv it it th y bsiss. sts i b i y bk t.
TanIBle and MeaSraBle reSlTS. Evy ts thm vy pmiss y ys t iv thm. Yt tgib msb sts hpp s sm tht thy mi th y Gi y bsiss its . Exmps: . Y pt i tht st systm bt y st is t sig th ptivity ts tht m y by it i th st p. b. Y h bsit bt it is t tibtig t y bsiss gs. . Y pmt pt b mssg it i t tk h ss th mpy i y mkt. . Y t this y’s p t i m ivti th… thig.
pits s tght y tht thy t imgi th t ish i v stps by h it ty is s thy t thgh thgh th ish i. sm is t bsiss sts. We are not getting the results we want because we are thinking about the inish line in the wrong place. Fm my xpis, m ht itss ith its, th pbm iss m vy itt pig bt ht ms ight t “.” Wht hpp i y mpp t, m th stt vy iititiv pjt, v m stps tht t b by th bvis iish i? Fiv ys t pmt th bsit i th st th mths t h. Fiv ks p t pmti tht pt. Fiv thigs y gig t t th big mtig t mstt y s ivti. A t-mth p t mk s vy is y sig th thgy ts y impmt. Fiv thigs y mpy t y tht big it t mk s y iv vythig y pmis. Rsts ht mv th bsiss p t its xt v gth. Gttig thigs t “” hs my bm th qivt tig t. t my kp vy bsy, bt it jst mvs y m pjt t pjt. Atig thgh th ish i gts pst “” ts y t iz th t bsiss impt y t.
Practice Drill Five Steps Past “Done” Wha iniiaives have you implemened ha delivered boom line resuls way below expecaions? Wrie hem down on he lef column o a noebook. Ten consider ve more seps aer he original inish line or each one and wrie hose down. Focus on developing each sep ha could lead o your cash accoun nex ime.
“ower IS noTHIn wITHoT conTrol.” ht ti m Pii my b my -tim vit vtisig tgi. t s hit Pii’s high pm tis ys g bt ms it my mi i s my ivs sittis. sisss tht hss thi p t thi t , spis, m t . t iky sty, th is ssti vy bsiss s t i t: sig pi pp tht ts y th ky pis imti bt h y bsiss is ig. st bsiss s mt ith v ith pts, hv th g pts, k m t tht is y t , hv vy itt t. Y imti systms i p,
thy t iv imti tht s y t gt iy spsht th bsiss. At the end o every day, you should be able to scan a simple 8 × 11–inch piece o paper and know exactly how your business is doing. O pt this i p i my bsiss, s b t v th h ight k h mh bi t, h mh t, h my tstis pss. ki t tht is iti my i m bsiss t bsiss (thgh t s mh s y my thik), bt th st is th sm. k h ig i ss k it i tim iy bsis. ik it y ks sm mpis? A ys g h th ps hig G Eti ceo Jy mmt spk. Wh sk h h kps tk th gst mpis i th , h pi (i ss): “ g bk t my ht tight s h th ti mpy pm ty m s. ythig is tsi th ms st, iqi th. t ys k h ig th gb m tht s.” ik mmt sps t tim t his sk? y v. ik h ks h his mpy is pmig? Yp. tim t y tim. t is p t.
Practice Drill Your One-Page Snapshot
. 2. . 4.
Te hardes par is deciding w ha goes on ha one page. Te process o houghtul reducion here is a good exercise uno isel. Sar by wriing down every single hing you ask abou, run repors or, or wan o know abou your business. For his sage, more is more. Nex, highligh: Daa ha ensures here is enough money in he cash accoun. Daa which ensures your innovaion iniiaives are moving along. Any sales below a pre-se pro margin. A measuremen o he uni ha generaes income or your business. I you sell ires, how many ires did you sell? I you are a law rm, how many hours did you bill? Ten, compare hese numbers o he previous monh and year so you can spo rends. Finally, make i your own. Tis is your daily scorecard. Remember, his is abou delivering power rom conrol.
ee r noT Ice How gt thigs thigs hpp hpp vy vy tim tim y p ys y m y sk mt ith its, pspts, pts? t h t y b t it? Lik my bsiss s, my i hs bm p t psh pp , m t th t, p h gt i th y pp ig thi jbs ivig thi bst sts. ss y psy gt v im m pshig pp ( t’s hp y ’t gt y m gttig i pp’s y), si mmt tht th bk y tim is t bst spt i th . s g th , ht i y spt h y tim t th ? tht ss sy,
“
I have a religious
budget on my time,” says S t e v e
Ballmer, ceo ist. Part o the religion is spending time with customers, about a third o his schedule.
“I get energy rom seeing our customers,” Mr.. Ballmer explains. “It reminds me o Mr the things we’re doing well and it also reminds me o the things where we need to improve. im prove.” ”
isti ist, th it ms it’s g stt. biggst xs hv big i th s mh is th “t ’t gt ight i m t h.” Csi tht this my b ths s stis y t ys. it is t sty, th y ith t hi btt pp s mpig ths y tst t m. Etps t i t s th tis ppk y-t-y tsks, hih is y pppit. Etps big pit, i pp. Ftty, th pty pp h ti-it iv tms stisti m tht ki k. y tk th tim t bt h h ps i y gizti is i, ig th bst h thm bms t si. Wh y pt pp it jbs thy istitivy gt t v ig, y k sh svs p ithi y bsiss. (A gt p t stt is by hvig y mpys tk th Kb t biitis tst, vib t .kb.m.) With y tm i thi bst ps y -pg s tk i y pkt, it is tim t p th pht tht sk. Nby spts pptitis mk isis th y ik bsiss s. Nby s hs th g big th , psit, psit, ce o t mtig ith it, pspt, pt th th y. h bst y t sty i th ith y bsiss its pps is t tk t th stms pspts i y mkt.
Working at your desk connects you every moment o every day to that ugly eeling o working in your business instead o working on it. Connecting with customers ace-to-ace is invaluable—it is what business owners do instinctively at the start until they get pulled to their desks by the gravity o growth and complexity. Wt t kp th tht sttp bsiss iv? Fight sk gvity.
row TH for Toda is t t by syig syig ys ys t vythig yby. t biig mpy tht s hs t t its pps is by ht bsiss sys “” t. When you make an integrity-compromising concession to a client or tolerate bad behavior or poor payment patterns, you dishonor your purpose, your people, your business, and yoursel. y k it, y i p ith stms h t s mh s thy sh bt y pp, y pt, y svi. Y bst stms gt bi th s h sig y pi. is th y. Wh y th th pts i th iky y, by iti,
ys th sh ti t ht t my mpis t : sy t pi bsiss. Y giv ys th h t i i pi bsiss ts ith y pps, hs y pp, i y t mzig k. it s t, th th bst (, mitty, th hst) thig t is t sy . t bs ptig: Y bsiss, ht it ms t y, h y ig it vy y, h y tm thiks it i b by th its y sy t. th pst ’v h “A-List” its “C-List” its. thght bth i t v vh. spps sttgy s t gt gh A-List its s th C-List its then th bsiss b . istk. ys gtt t mkig th h hi t mk th vh t it bsiss ith y th A-List its. Nt sy t by y ms. gt th i th , bt ik thy sy, ti is xpsiv. tig th ti th t ivs simpy s’t k.
Practice Drill Rank Your Clients Ge a lis o your cliens and decide which ones drain energy rom he business and which ones add energy. Consider wha, i anyhing, could be done o change he dynamic wih hose “C-lis” cliens and have ha ough alk wih each one. Now consider wha he business (and cash accoun) will look like wihou he C-lis. Sar o make decisions based on he longerm prosperiy o your business and he cliens who ruly appreciae wha you do.
“
A goal without a plan
is only a wish.” 1979 svy ths
gtig v stts, 84 thm h pti gs, hi 13 thm h gs, bt i t it thm
THIS Boo i hv thig i y ’t k y ith msb tis t mk y bsiss visi ity. Y t tis by itig miz gs tht start y i th t k bk t ht y gig t this k. it “gjmpi “gjmpig” g” it is m igi. t si 97 s v it it is sh pt bsi, gjmpig bgs i y siss iky. t is iiby p sp sy i y ths simp giis:
. Oy 3 th stts h gs i itig. ys t, th sm stts svy gi. h 13 h h gs, bt v t thm , , vg, ti s mh s th stts itht y p t . h 3 h h
. Set aside a ew hours every 90 days to work on your goals. Ctig gs tht ty imptt t y i t hpp i v-mit gp bt s i
itt gs , vg, t tims m th th th 97.
th mist y iy ti. Gs s i vy itt i thy i p i smh. Cv t sm tim (t st t t th hs) y m y istbs s y thik py bt y ky g, mim, sht-tm gs y bsiss— y i. ig this ith y tm b hp, bt hv tht th is pmt tkig tim t this .
2. Work backwards. st pp mk thi ti ps sttig ith th pst mmt kig it th t. Whi this pss ss gi, it hs sm iht pbms. Y ti ps i b mb by y t sitti, stig isss, my stits, th ik. gjmpig xis sggst hs y st st y gs y t i th ist. mm pikig tim m tht s gth hivmt. Pit ht y bsiss ks ik t ys m . Wht hs it mpish? Wht s it k ik? my pp? my s? mh pt i y mk tht y? Wht th bsiss t k ik th ys m t b tk t izig tht gtm visi? Nxt, it ht y bsiss s t k ik i tv mths t b thi th y t tht th-y g. Fiy, it ht hs t hpp i th xt ity ys s y 25 th y t tht -y g.
. Make your goals measurable. As y st h g, it is iti tht h b ms. m xmps: 10 year
3 year
1 year
90 days
$1,000,000 i t pt
$200,000 i pt
$70,000 i pt
$20,000 i pt
5 bks pbish
2 bks pbish
Fiish t
Fiish ti
5,000 sq. t. m hm
P hs iti
$50,000 sv
t p svigs t
Y gt th i. Wht is iti is tht y t tig gs ik “ hm,” “mk m pt,” “it bk.” Giv ys mtis tht y t bk y gs it pts y hiv… ty.
4. Connect your goals to people who can hel p make them happen. At h ity-y g, it t xt pis imti: . Wh i hp y mk it hpp? b. Wh i it b ? O th gs st, gjmpig is . Fiig th pp h i hp y iz ths sht-tm gs i immity giz y p. Wh tk th tim t k thgh my p vy ity ys, gi gt ss t ity. k h m gig ht th
imptt thigs t gt . hv t p systm tht hp y mt ths gs— it t .bsiss biky.m. t mmb, i t iky shi, bk pi pp ith ms ss year,, 90 days i th tp tit 10 years, 3 years, 1 year k jst s . Gjmpig is simp, , s hp hv stt t vi y, simp ks. Nby vs iky kshp itht this xis i thi hs. t s th tt mpxity ik thig s.
Practice Drill Start Goaljumping Se our daes in your calendar oday. One in he nex ew weeks or your rs wo- o hree-hour goaljumping session and hen one every 90 days afer ha. Each ime you do a goaljumping session, rese your 10-year 10-year,, 3-year 3-year,, 1-year and 90-day goals. Some goals will change compleely and some will evolve. Envisioning your business en years rom now, or rying o imagine he specics o your lie one decade in he uure may be hard o pinpoin a rs (a leas i was or me). Don’ panic. I’s merely he cluer o where you are oday blurring your view. Keep a i. Anoher noe: When I nd my business geing away rom me a bi, I will sop and do he goaljumping exercise even i i’s only been ory days since he las ime. Jus remember o sar in he uure, work backwards, and keep i real and measurable. Don’ orge he “who” o who’s going o help you or he “when” o when he iems in he nex niney days will ge done.
Pre-game pep talk % OF EVERY uNE E AE. Ay tim sm s t ty t hp m ith my bsiss ys stt ith “O bsiss is it. W’ iq.” s t vy sys tht. As ts t tht 85 vy bsiss is xty th sm. At thi , bsisss hv stms, hi pp, t pt svi, py bis, t ivis. t is th miig 15 tht mks h bsiss it iq. th qsti y is, “ sp mst my tim tht 15?” Te Business Brickyard is about getting the 85% so incredibly right, locked in, and perect that you can truly ocus your energy and passion on turning the remaining 15% into something truly extraordinary. Gt bsisss, ik th gtst tms, s pt mts i sistty y i y t. m ys gt bsiss might hv btt pys th th ys, bt th bsis, xt ith pti, ys mk thm t. y k ht y i its y t, ht is ty mig t thm, y iv tht t thm pty—th sy, th is
mptiti. Oth pp’s pis, th pp’s pts—thy ’t mtt. Wht s mtt is th pp y bt h y y jb kig t thm btt th y s . Y ’t t b th xt ist. Y ’t t . Y ’t t b miis vt pit s ith th hp t py it bk y hit 100,000,000 i ss gist ss. Evy bsiss hs mig s big i thy tk th tim t it and h t it. Grow a solid, strong and sustainable business that takes care o its owners, staf, community, and clients and you have a superior result. Anything more is just vanity and needless sufering. jy ig y bsiss sh b . iv. vt. iq. ’t sp v th mig pt, jst stt ig it. k it p y sh t. Ejy th h xpi. iky s y t tk th tity t th bsis s y s th pts y v. 85 is th st bsis bsiss. bsis bsiss ssi. A ssi is ssi s.
y th y, my g tb tm tht spt tht tim t thi ss thig biks? y th xt k. t y k tht by .
Bricks in brie . Reconnect with your purpose. Y pps i p y bsiss h it ivs t th itsti ht y ty btt th y s ht y its mkt ty bt. 2. All truth is in the cash account. bst y t sty i t y bsiss is t stt by spig ss th y tk i. Oy t ht is i th bk, t ht my b mig i “...” . Find your true story. Oy h hst ith svs bt hy bsiss is t s g s it b hy st/ i’t i bsiss tk th ight tiv ti. 4. Lose your nemesis. Fs y its, t y mptiti. Y mptits hv v pi y bis thy v i. . Singles and doubles. ’t bt y bsiss th isiv hm . st, s sty it isipi, tiv ivtiv impvmts.
6. Relationships, not sales. Ps tiships p y bsiss th bst bsiss tiships ps. 7. Pay ast. Get paid even aster. Wh y py st y bm siby m vb s it. uss y mk my my, y t bk ith y vs. . Accelerate through the nish line. Gt pst “” t sts. Fm th stt vy iititiv pjt, mp t v m stps tht t b by th bvis ish i. . Fit your business on a single page. At th vy y, y sh b b t s simp 8 × 11–ih pi pp k xty h y bsiss is ig. . Escape desk gravity. Ct ith y stms -t-. ht’s ht bsiss s bst b thy gt p t thi sks by th gvity gth mpxity. . Dene your business with “no.” Fs y ttti th its h ty ppit ht y , syig “” t th s h ’t. 2. Goaljumping. Wit miz gs tht stt y i th t k bk t tis y ty t gt th.
About the Author is th psit siss iky, ig sttgy, mktig mmiti sty bs i N Yk. Pi t ig h siss iky i 2001, s th psit pmi stms bk itti ight ith six u.. s tk v thity-v gts i. ty ks s vis t tps bsiss s. is highy s kshps, bb “A y i th iky,” hp xtiv tms ig t k th p th pt xti th bsis bsiss. is its h t bi bik-si tis tht ssti gth mk thi bsisss m t . iti t stig, spks its qty bt th impt th bsis tig t th pssi tht t t gts st s bsisss mt.