It’s November – a good time to look back at the year to date and recognize the progress that has been made in your business. Absolutely, definitely, without question, ‘improving profit’ is about increasing that number at the bottom of your profit and loss statement. It’s also about making sure how your business works
Earlier this week, I was working with a client and we were reviewing the progress that’s been made this year, and it’s been a massive amount. After believing for years that a particular employee was critical to the operation, the owner finally realized that this employee was
Think this change improves this business’ profit over time? Without an iota of a question. Have there been other huge accomplishments made in the year? Yup. Including an enormous project to bring their bookkeeping back
But wait, there’s more — the little (solar system sized understatement) project of relocating the business to a new location, with the attendant
All these accomplishments at times felt like complete disruptions. Well, progress doesn’t happen in a straight line — it’s more like the stock market line that goes up and down, but on average over time has risen. So it is often with your company. Progress can be freaking painful sometimes and full of bumps. And then you emerge out the other end and smoothness, ease and calm return. When that happens, whatever you do, remember to look back at where you and your business were before.
My client has made truly ginormous changes this year and the bumps haven’t yet completely smoothed out (the relocation project is still in process), but from my perspective, the biggest accomplishment was making changes to her team. Why? Because it has changed the atmosphere from one of ‘every employee for themselves’, to a true team, and that change cannot help but improve the bottom line. And there is a real leader now in
It’s November which is a month incorporating Thanksgiving. It’s a terrific time to take a look over your shoulder and see how far you’ve brought your business this year. And then pat yourself on the back multiple times to acknowledge your progress.