Linda’s Implementation

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  • #2781

    Confession time. I am getting more than a little overwhelmed at what it takes to maintain my business, let alone grow it.

    Judy said that time is the most valuable asset to an entrepreneur and Erin says to let the business grow organically. I need to take their advice; spend time purposefully and remember to take a breath and settle in a business phase before moving on to the next growth stage.

    I have everything in place – I think – but there is so much learning to do with regards to best practices for my circumstances. Every step leads to the next one and more learning. The question is – who teaches the skills and passes on the knowledge to master this level. That is why I am thankful to be here and have peers and mentors that have experience and expertise to advance the business.

    My implementation strategy is to identify key resources in the areas where I am needing guidance. It is just a big circle every time you go into a new level – start at the beginning and work your way though the model until you feel confident, and as soon as you feel comfortable – step out of that zone and push your business to the next phase.

    I guess that is why they say that your model is constantly evolving.

    I have work to do… call my bookkeeper and see if she has experience with inventory management and P&L statements, contact my retail partners for feedback on pricing/products, and get my website updated. Yikes. Scary stuff, but very manageable.

    Thank you for making me think about this.

    #2782
    Erin Melnychuk
    Moderator

    This post made my day Linda! It’s so easy to get overwhelmed. My own approach is to hold a vision of where I’m trying to get to this year. Everyday, I ask myself, what do I need to get done this quarter, this month, this week, and today to get me closer to that vision? You can only do so much and every day you take a few more steps. And you are 100% correct, part of your supportive network will be surrounding yourself with those who have mastered stages of business development you haven’t encountered yet. This mindset and perspective you’ve adopted is going to serve you well! ~Erin.

    #2783
    Judy Evans
    Keymaster

    Christine,

    I too smile as I read your post and your questions.

    Erin’s points about defining what needs to be done, is very strategic and can become how you manage time and priorities. Consider using the business model canvas as the tool to capture your ‘to do list’.

    Judy

    #2790

    Once again, thank you for your great advice and detailed feedback.

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