3 Goals for Building a Successful Business

I came across this article about the 3 goals for building a successful business. Here are a few snippets that you might find interesting:

Abraham Maslow proposed that humans have a hierarchy of needs that build upon one another. When one set is fulfilled, people move to attain the next set. The base of the pyramid houses the basic physiological functions needed to live such as eating and breathing

Survive

When your business is first starting out, survival is everything. Profit is a far off dream. The team does whatever it can just to exist. It’s not unusual for team members to work extreme amounts of overtime through nights and weekends. They push themselves to the limit. 

Sustain

At the sustain stage, you must take a step back and evaluate. Start looking at the bigger picture. Your focus should expand into thinking and planning for the long-term. Your business is already up and running, now you just have to keep it going.

Profit

At the top of the business pyramid of success is profit. Only once you can survive and sustain yourself can you really focus on profit.

If you’re interested, head on over to the full article here for more ideas and perspective. Afterwards, why not drop me an email to share your thoughts at [email protected]; or call me on 0467 749 378.

Thanks,

Robert