Introduction
Good day and hope you are looking forward to a productive week. This week we are announcing our new community - The Community of Commerce for all insiders. Everyone who has JOINED US and become an inside we are moving off of the weebly web platform to a community site on Tribe. This will provide an opportunity to share information, ask questions, and gain support for starting, growing, or exiting your business. It is our version of the Chamber of Commerce - what it could have been instead of what it has become. This community has one goal - your success as a business owner to build generational wealth for your family. That growth will create more and better jobs in your local community. It is a stand alone (outside the control of the arbitrary large providers) platform that provides entrepreneurs and business owners a space for the free and open exchange of ideas. As a member of IBGR's Community of Commerce you can:
On a closing note, if you want to know what drives everything we do - checkout this article: from Australia (click here). And that is just restaurants - what about everybody else? Have a great business week. Listen>Apply>Engage Show Objectives - The Why Every business has its own set of “necessary evils.” The things we know must be done but don’t actually enjoy doing so we put them off. Tracking our time tends to be one of those things. You are getting close to needing to make a strategic business decision where you will either sell your business or reinvent it in the next stages of growth. It’s time to begin tracking how much time you are working IN your business and begin adding more time working ON it. Your goal is to get to 50/50. It is time to position yourself to best serve your business and begin separating yourself emotionally from the way things have always been. When you do this, you are also allowing room for your business to grow instead of killing it with love. Your business, in this stage, is like a teenager. It’s time to prepare it to have a life of its own. Key Issues - Owner Perspective:
What You Need to Know - The What Now more than ever it’s important for you to track your time. Your business is, or will be growing at a pace that you haven’t seen before. If you aren’t intentional and disciplined to own our time, you will end up being a slave to the beast of a business you created. Determine what metric(s) will be most beneficial to track in all areas of your company and prioritize what only you can do and what others are equipped to handle. Delegate everything that is not essential for you to do and continue to monitor progress. Your goal is to shift your time bank so that you are working 50/50 in and on the business. Up until this point, your time has been spent more working in the business than on it. A shift in focus and priorities is necessary for the health of your organization. What You Need to Do - The How
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Written by Donna Kunde
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