Which Kryptonite Is Killing Your Business?
In this issue:
10 ways CI companies are challenged to Grow
378 words, total reading time less than 2 minutes
You don’t have to be Superman or Wonder Woman to run a successful CI business. But the challenges are many and everyone has one or two areas that keep them from being as Super Wonderful as they could be.
So, what is your Kryptonite?
Here’s a list of common barriers to breaking through to the next level:
Hard to “Let Go”; people below you don’t develop fast enough or deep enough because you hang on to too many controls and don’t let them grow.
Your understanding of the financial end of the business is limited and not a priority.
It’s hard for you to turn over key accounts because you are the rainmaker for the company.
Dealing with the day-to-day keeps you from planning and anticipating the next moves.
Your hiring record indicates it’s virtually impossible for you to find the best people.
The business seems to alternate from foot on the gas to foot on the brake.
There simply are not enough hours in a day or days in a week.
The team does not communicate well and it costs you time, money and client satisfaction.
The business won’t run without you and it’s hard to take time off.
Your team seems to have a 40-hour a week mentality and any extra effort is difficult to get from them.
Understandably, you might have checked more than one of these. But virtually every company has been challenged by these and more. And the successful ones – we’ve worked with many of them – have figured out a solution.
They don’t have to slow you down. Each of these has a fairly simple fix if you apply yourself and be totally honest with why they block or impede your progress.
We would love to hear from you on these or other Kryptonite’s you may have in your business. And we’re going to address a big one – the inability to stop long enough to get your priorities in order – during the next First Friday webinar coming up Nov 3. (If you haven’t already, you can register here.)
Keep your cape pressed and it’s true, you can leap over tall buildings if you operate at full strength.
Keep it Vital,
Paul & Steve
Enjoy former coffees at bi4ci.com/blog