There Is No Secret Formula

There are no secret potions, magic beans or fairy dust required to meet your goals for 2019 and beyond.

Yes, it is getting close to that time of the year again – the dreaded end of the calendar year. A time when many business owners review their financials and breathe a sigh of relief, or go into full-blown panic mode because the numbers are not there.

So, how are the end-of-year numbers stacking up for your business?

Are you feeling good about all that you and your team have accomplished so far this year, or are you scrambling for a quick fix to try and salvage the final year-end results?

If you are searching for a secret potion, magic beans or fairy dust to supernaturally improve things, then please stop! Review the blog articles I posted titled, It’s Time to “Ante Up”! and Who Wants Customers For Life?. You will find some great tips to help improve your top- and bottom-line performance.

Next, if you are truly committed to building a profitable, scalable and sustainable business for the long haul, then invest more time, energy and resources in the following areas:

  1. Great people. What is the most important thing in business? “Talent”. John Spence said it best in a blog article several years ago, “The only sustainable competitive advantages left to most businesses are: the quality of the people that you can get, grow and keep on your team, and the relationships they create with your customers.” Great people are the difference!
  2. Great planning. “If you don’t know where you’re going, any road will take you there.” – Lewis Carroll. Great planning provides the roadmap to future success, as well as the clarity, focus, sense of urgency and accountability required to improve execution and results. Prepare for future “4G” growth that is consistent, competitive, profitable and responsible.
  3. Great performance. Great people and planning will help get you there; however, great performance is what’s required to consistently keep you at the top. As much as 85% of success can be tied to execution. Spend more time doing and less time thinking about what needs to happen, if you want to see things change for the better.

Despite all of the social chatter, hyperboles and secret formulas that we hear and read about every day, success will ultimately boil down to these three main ingredients. There is no secret formula required to move your business ahead.

So where are you going to devote your time, energy and resources for the remainder of the year in order to improve short-term results, and prepare for greater success in 2020 and beyond?

Enjoy the journey!


COPYRIGHT © 2019 John Carroll