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Start the process of creating the business of your dreams by reviewing your personal
goals using the exercise described below. Links to additional business improvement
articles are provided at the bottom of this page.
Who Are You, and
What Are You Trying To Achieve?
Each of us is in
business for some reason or another, and usually for more than just one reason.
Knowing what you're in business for is important, because your personal goals will
significantly impact how you operate your business. In the end, your business can
justify its existence only if it promotes your personal goals and interests.
Surprisingly,
though, many business owners are unaware of, or are unsure of, what they're
in business to achieve at the personal level. In some cases, these people have
never really known or understood their personal goals. In other cases, people have
lost sight of their goals as they've focused almost exclusively on the day-to-day
challenges of operating their business.
Nearly every
business owner can benefit from a review of his or her personal goals for being in
business. As a starting point for this review I suggest that you consider the
characteristics of the typical business owner listed below. Most business owners
share these five characteristics in varying degrees or proportions. I recommend that
you take a few minutes to review these characteristics and think about how they
describe you and your status as a business owner.
-
Adventurous - Seeks the challenge, excitement, and novelty of
business ownership, and is willing to take the risks associated with that
challenge.
- Dreamer - Aspires to achieve the personal and family benefits that
will hopefully result from business ownership; Seeks to achieve what
"could be".
- Driven - Industrious and productive; Looking to prove his ability
to achieve results; Enjoys the recognition received for his work and his results,
as well as the financial gain.
- Idealist - Wishes to solve problems, create better products or
services, and improve the situations of others (clients).
- Independent/Rebel - Wishes to go her own way and control her own
environment, possibly in unique ways; Dislikes working for others.
If you're like
most business owners, you'll identify in some measure with each of these five
characteristics. As you continue to think about your personal goals, you may wish to
rate how relevant these characteristics are to you (possibly rating each
one on a scale from 1 to 10), or write a summary of how each characteristic applies
to you and your involvement with your business.
Only when you
understand your personal goals are you likely to create the type of business that
can achieve those goals.
While each
business owner may seek to achieve a different set of personal goals, in nearly
every case the performance and success of the business will determine whether those
goals will be achieved. Real Goals can help you create the kind of business that will
allow you to achieve your personal goals, which may include some or all of the
following:
-
Create an environment of fun and excitement as you explore new opportunities
(Adventurous);
- Provide for yourself and your family the financial and other security you
seek (Dreamer);
- Produce the kind of results that show what you and your business are
truly capable of producing (Driven);
- Deliver the quality customer benefits that your
business is uniquely capable of delivering (Idealist);
- Maintain your independence and control, and pursue your own ideas of
success (Rebel).
To examine your goals further, and create the kind of business that will allow you
to achieve them, give us a call (click here to
Contact Us).
More Business Improvement Articles:
The following additional business improvement articles address issues that frequently
impact the performance of small businesses:
Additional
materials may be added from time to time.
Click here for more information about
John Meyers and his perspective on the
challenges of business ownership.
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