How often have you heard people say "Work on your business, not just in your business?" Do you know what this means, why it's important, and are you doing it? If you're like most people, there's a good chance you are working on your business. But perhaps you are like I was, having only a general, but vague, understanding about what it means. I've heard people talk about it so much lately that I decided to pull out my copy of The E Myth Revisited by Michael E. Gerber and review the chapter on this topic. I'm glad I did. Reading it 2 years later I see things a lot differently.
Working on your business is about setting clear expectations and standards, and delivering the goods each and every time.
Anytime you step away from the day-to-day front line service activities and spend time on any kind of development activity you are working on your business. You do this whenever you take time to upgrade your systems or engage in strategic planning. You do this when you hire a coach. You do this when you take a course related to business practices. But, as I learned, it's even more specific and focused than this.
To start with, it requires thinking beyond the boundaries of what you can do as a one-person show. Gerber suggests pretending you are developing a prototype for 5,000 more businesses absolutely identical to the one you are running - just like McDonald's. The first time I read this I took it as an affront to the quality and personality of my business. I thought it devalued my business in some way. Now I understand it adds value to my business.
When you approach your business as if it's a prototype for thousands just like it you are forced to develop procedures and systems that allow you to replicate the quality of your product or service over and over again. When you do this, even if you are only a one-person show, you accomplish 3 things right away.
1) You form a strong foundation on which you can reliably provide a consistent level of service and experience to every prospect and every customer.
2) You make your life a lot easier.
3) When it comes time to expand your business, even by one person, you have systems in place that will make that process easier and less disruptive to your customers.
Gerber outlines 6 important rules of working on your business. "The Model" refers to the franchise model.
1) The Model will provide consistent value to your customers, employees, suppliers and lenders, beyond what they expect. You define and understand the value and figure out how to provide it consistently over and over again.
2) The Model will be operated by people with the lowest possible level of skill. This one's a shocker, isn't it? What it means is that you figure out how you can create a business that is systems dependent rather than people dependent. Yes, it depends on people to deliver it, but it's the systems that support your people in getting the job done (even if the "people" is just one you.)
3) The Model will stand out as a place of impeccable order. Your clients and customers crave order. Order tells them you know what you are doing and they learn what to expect, and can expect it.
4) All work in the Model will be documented in Operations Manuals. Documentation says "this is how we do it here." Your operations manual indicates the steps needed, and summarizes the standards with the process and the results.
5) The Model will provide a uniformly predictable service to the customer. The expectations you create at the first meeting with a prospect create their expectations for all future dealings. Make sure you provide it at every encounter.
6) The Model will utilize a uniform color, dress and facilities code. This is where branding and presentation comes into play. Your colors and logo and presentation should be consistent so your customers recognize you, and recognize what they can expect from you.
- Do you spend enough time working on your business?
- Are you frustrated by how much time it takes get things done, especially those things you do over and over?
- Do you misplace and forget little, yet important, things?
- Do you have an unpredictable, fly-by-the-seat-of-your-pants marketing and sales process?
- Does your business stop when you take a vacation?
- Do you inadvertently keep new customers away because
you couldn't possibly take on another one and deliver the
value you are committed to delivering?
- Are you reluctant to bring someone else in to help you because it would take too much time to train him or her? And you don't have time!
2-3 yes responses to the above questions indicate you, your customers and your business could benefit from some additional time spent working on your business.
What' Next?
If you hate dealing with systems and details, get help! Hire people to help you do the things that you can't stand, or just can't do by yourself. A new client not only hired me to support him with the longer term, bigger picture aspects of growing his business, he also hired 2 other people to take care of systems and details he knew he would never do on his own.
Yes, this took a huge leap of faith and a great deal of commitment. Frankly, I was pretty impressed. Most people stop short of such measures, saying they can't afford it. Perhaps you can't afford not to. What can you invest in today, with your time and money, that will enable you to provide consistent, reliable levels of service tomorrow?
What Does it Really Mean "Work on Your Business?" - To learn more about this author, visit Joan Friedlander's Website.
Like this article? Share it with your friends
 |
Related Articles |
|
 |
Related Businesses - Evan Elite Authors |
|
Vwodek Wojczynski
Business Coach and Consultant Vwodek Wojczynski (pronounced Voy-chin-ski) brings fun, awareness, accountability and fresh perspectives based on his diverse experiences in life and business.
Born in Poland and educated in Greece and Canada, he is trilingual with 8 years experience in business development with clients in Canada, USA, Switzerland and Poland.
His approach is systematic and process-driven. He fuses the know-how of proven business methods with his commitment that entrepreneurs experience satisfaction and joy based on their values, motivations and strengths. He believes that businesses succeed based on their ability to generate value by providing what’s needed and wanted.
Ultimately, he trains executives and true business owners - people who work less, produce more, own businesses that run automatically after a while and make a difference globally.
His current research focus is the development of intelligent business systems and the application of emerging artificial intelligence technologies in business.
He is also an avid traveler, spoken word performer and visual artist. He resides in Toronto, Canada. - Visit Vwodek Wojczynski's Website |
|
Dianne Crampton
Dianne Crampton is an Executive Leadership Coach and Team Building Consultant and creator of the TIGERS team development model. For the past twenty years she has helped leaders and teams achieve goals with high levels of collaboration and teamwork.
Crampton is a published author. Her contribution to Working Together: Diversity As Opportunity was endorsed by Stephen Covey. She has written for trade magazines. Merrill Lynch nominated her business for Inc. Magazine’s regional small business and entrepreneurial awards. Her work with Native Americans was recognized at a United Nations sponsored conference in 1994.
The TIGERS model passed two rigorous validation studies in 1992 and 1994. The TIGERS Survey is able to measure and track team development over time.
Dianne is also the creator and distributor of the TIGERS Team Wheel game. This game helps groups identify behaviors that build collaborative groups and behaviors that cause conflict, morale problems, production failures, and misunderstandings.
For more information, or to subscribe to TigerTracks, a free monthly leadership and team newsletter go to http://www.corevalues.com - Visit Dianne Crampton's Website |
|
David Barr
David Barr is the President of Venture Opportunities, Inc. David has been a professional business broker/intermediary since 1980 focusing on General Business Brokerage and Mergers and Acquisitions representing client transaction value from $400,000 to $20,000,000. Mr. Barr has handled the sale of over four hundred and fifty companies. David earned a university degree from the State University of New York majoring in economics and business.
David holds the Mergers and Acquisition Master Intermediary and the Certified Business Intermediary designations from the International Business Brokers Association. He is also a Senior Business Analyst and a Texas licensed Real Estate Agent. For more information about David and Venture Opportunities, visit www.bizdealmaker.com. - Visit David Barr's Website |
|
Accessible Business Consultants
Dave Turkin, President, of Accessible Business Consultants is a full service business consultant that has over 32 years of experience working with small-medium size businesses. Dave has designed and implemented numerous business and marketing plans, designed internal programs for accounting and operational procedures. He has analyzed businesses and prepared strategic plans setting budgets for growth, expansion and business restructuring.
He currently sits on the Board of Directors of various corporations as an advisor. For many years he has been the Business Coach to many executives offering advice and guidance from old and established companies as well as new companies just getting started.
Dave has the ability to analyze a business quickly and get a strong indication as to the necessary steps to improve operations, productivity and profitability. - Visit Accessible Business Consultants's Website |
|
Jeff Foster
WebBizIdeas.com is a Minneapolis website design company founded to help people start an internet business by providing them with website, business, and internet resources that help foster the growth of successful online businesses and develop innovative Internet business ideas. - Visit Jeff Foster's Website |
|
Anne Barr
Anne Barr has over 26 years experience in sales and marketing, six years as a franchisee. She has assisted over 367 business owners and purchasers to achieve their goals in career change, transition and exit strategy. She holds the designation of Certified Franchise Executive from the International Franchise Association, Certified Business Intermediary from the International Business Brokers Association and Board Certified Broker from the Texas Association of Business Brokers. Anne is active in professional organizations,
networking groups and volunteers for non-profit entities. As owner/operator of four successful businesses, Anne has proven people skills and enjoys helping clients find the right "fit" in business
ownership. Visit www.FranchiseOpportunitySpecialist.com for more information about me and my company. - Visit Anne Barr's Website |
|
Leanne Hoagland-Smith
Are your sales where you want them to be? Will you be one of the few who achieves sales success or one of the many who have failed to change? So what are you doing to change those results? Let’s be honest, with companies moving globally and at lightening speeds, the traditional business solutions are outdated and dead. My approach moves your business out of its comfort zone and secures your competitive advantage now. If you are seeking to increase sales, build customer loyalty, create a culture of great attitudes or just achieve some sleep filled nights, then we should talk because my clients have experienced exactly those types of results. Learn more about customer loyalty at http://www.processspecialist.com/customer-loyalty.htm Give me a call at 219.759.5601 for a free strategy session. P.S. If you are seeking a motivational speaker, sales trainer or small business expert that will leave your audience smiling and remembering, please feel free to contact me at 219.759.5601. - Visit Leanne Hoagland-Smith's Website |
|
Kim Castle
With nearly two decades in the advertising and design business, with clients like Domino's Pizza, General Motors, Direct TV, Pedigree, Wolfgang Puck, Higher Octave Music, Hollywood Celebrity Products, Disney, and Paramount, as well as thousands of entrepreneurs around the world define, structure, communicate, and position their business for greater profits, BrandU(R) co-creators Kim Castle and W. Vito Montone discovered that entrepreneurs could experience the same power that big brands command for a fraction of the cost with the world's only process-based results-drive Integral approach to business creation.
BrandU(R) is helping entrepreneurs grow with the power of extreme clarity from idea...to brand...to market(TM) and helping one million entrepreneurs become successful and whole so that they can make a difference in the world. Are you one of them?
If you want to experience clarity all the way to the bank(TM), get started now at http://www.brandu.com. - Visit Kim Castle's Website |
|
The Evan Elite Authors program is currently in beta phase. For details please contact us.
|
|
|
Joan Friedlander
(Visit Joan's Website)
Joan Friedlander is the founder of
Lifework Business Partners, a coaching and
training company guiding creative
professionals to design profitable,
well-run businesses. A four pronged
approach offers just the right structure
without squashing creativity: Focus,
Automate, Simplify, Delegate. Visit ww
w.lifeworkpartners.com for programs,
services and products.
|
|
|
|