It is heart-breaking to hear a business owner say, "But, I'm just a ... (trade or profession), I don't want to change the world or create a huge corporation. None of this fancy corporate stuff for me, I'm just a small time operator."
Why is it heartbreaking and why should Boorama/I care?
It's more heartbreaking when the same business owner pops up some time later with a business and their life in crisis because they were so busy in business they couldn't see the train wreck coming.
It takes courage, time and commitment from everyone involved to transform a business, whether from the brink of collapse, from a me-too competitor or anywhere in between to a sustainable cohesive stand out. The rewards for everyone in building sustainable cohesive stand outs are my reason why.
In the 1920s the average life of companies listed on the S&P 500 Index was 67 years. Today it is 15 years. Professor Richard Foster from Yale University estimated that by 2020 more than 75% of the companies listed on the Index - that’s the S&P 500 not just in existence - would not exist or be known at the time of his prediction.
If major corporations with vast resources have rapidly declining lifespans, what does that flag for the 'small time operator'?
If your business model is not stirring the imagination of the minds in your business, the lost opportunities may be incalculable. But finding ways to calculate those and use them to turnaround the business is part of what I offer and my why.
If you don't have a big bold vision and strategic thinking as a matter of course, be assured others will. If you wait to see what happens next, you have waited too long.
Talk with me about how Boorama may help you rediscover your vision and your bigger bolder better.