Wednesday, January 14, 2015

Overcoming obstacles to take your business to the next level


 
Doing things the same way you always have will not propel your business to the greater level of success it could have. You owe it to your clients to provide the best service possible, not just really good service but great service. And you owe it to yourself to have a business that is not only financially successful but also rewarding.

Sometimes you have to take a step backward to propel things forward.
My story helps to make this point. After building a very successful financial planning and asset management practice, it became obvious to me that in order to take the business to the next level I had to make major changes. I made the decision to take a six figure pay cut and put more money back into the business. Technology was updated. The office was remodeled for better work flow. And hiring and training new staff put the right people in place. Within two years not only had I made back the money I lost, but the net income to the business was greater and on the right path to continue to grow.

Think about how you have been running your business and if you stay on this same path, where your business will be in one and three years. Is that where you want it to be? If not, determine the changes you need to make to get things on the right path. If needed, hire an expert to help. Sometimes you have to spend money to make money.   

You need to constantly improve your business to stay ahead of the competition or you run the risk of being left behind by others in your field that offer better or more current service.



Nancy D. Butler Brief Bio

After building a business from scratch as a single parent with no other source of income and only $2,000 to her name, to approx. $200 million in assets under management, in 2007 Nancy sold her practice and became a national professional speaker, business coach and award-winning author. She now helps business owners do a better job for their clients and improve their bottom line and helps individuals live more successful, fulfilling lives and realize their dreams. 

Nancy has been quoted in many local and national publications including USA Today, Money Magazine, Playboy magazine, The Chicago Tribune and The Day and has been a speaker for major corporations such as Pfizer, General Dynamics and Dow Chemical. Nancy has also been a guest on several television and radio shows.

Contact Nancy for a free consultation at nbutler@aboveallelse.org.

2 comments:

  1. Great advice, as well as courageous advice, Nancy!

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  2. Right on, Nancy. If you want to improve, sometimes you need to be brave and take a step back to survey the landscape, so you can make improvements for the future.

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