How to calculate your Success?
Rendezvous Lounge - 2014

How to calculate your Success?

You have big dreams, and you have set goals filled with excitement and setting your fears aside, you are off and running towards your fears aside, but it's more complicated than you thought it would be.

What's going on?

That's a question that was on my and stakeholders' mind when started ever first leisure business in 2014!

Our new new business was growing but slower than expected. We were beginning to wonder if our dreams would come true. Stress was high and time and money were running out! Having seen these situations before, I decided to walk us 3 questions that while would have been better answers "before starting the business", it wasn't too late.

My first question was; "how long do we thnk it will take us to learn the skills required to succeed? Sales, marketing, customer service, PR, souring materials, menu and recipes, anythings and everything needed to run a successful business".

Everything takes time, and you need to be able to survive the learning time.

Next, I wanted to know how long we were willing to work at the goal. Were we committed for as long as it takes, or was a deadline?

Building momentum in anything can be exhausting. How long can you keep going?

I saved the most important question for last..

How long it will take us burn through our Resources? Cash, credit lines, free rent of our building, favors given by friends and family.

Knowing the answers to that questions can be humbling and scary. It can be set you free.

After several hours of our learn, work and burn our conversation, my partners were able to pinpoint exactly how long they had to reach their goal.

With a definite timeline, the entire team focused their energy on the minimal viable actions that would be achieve success and fit their schedule. Within months, we reached our goal and have enjoyed a successful business ever since.

Whether you own business or not, any worthwhile project stands after better chance of success when you are realistic about the process before ever get started.

Hi everyone! This is my "daily post", and I will share tips and thoughts time to time with my network.

要查看或添加评论,请登录

Shahriar RAEISI的更多文章

  • Be the Change You want!

    Be the Change You want!

    People have always sought change for themselves, their life, or the world. If you want to change something about your…

  • Reaction versus Response

    Reaction versus Response

    Pichai Sundararajan, better known as Sundar Pichai, made headlines when he became the CEO of Google. He is being widely…

  • How Leaders Can Use Webinars To Train & Interact with Their Team Online!

    How Leaders Can Use Webinars To Train & Interact with Their Team Online!

    Just because my remote team is out of sight does not mean that they have to rely on self-directed learning methods to…

  • How To Be More Persuasive

    How To Be More Persuasive

    Baby boomers, generation X and millennials are an all new breed of employees that no longer want to listen to a boss…

    2 条评论
  • Executive Presence

    Executive Presence

    Develop executive presence Some people call it the leadership x-factor, others describe it as executive presence. No…

    1 条评论
  • Inspiring Your Staff

    Inspiring Your Staff

    In today's world, it is no longer enough for managers to simply oversee their employees; instead, to get the most of…

    1 条评论
  • S&D Challenges of Multinational FMCG Companies in Iran

    S&D Challenges of Multinational FMCG Companies in Iran

    I have recently read an article about current situation of messing environment in Grocery channel in Iran, as when one…

    3 条评论
  • Could Wearing Shoes Help You Sell More?

    Could Wearing Shoes Help You Sell More?

    Just to confirm, I haven't found a magical pair of shoes that will make you instantly sell more just by wearing them!…

  • Adams Equity Theory for motivation

    Adams Equity Theory for motivation

    The Equity Theory on job motivation, created by a psychologist known as John Stacey Adams, has been circulating since…

  • Increase Your 2016 Sales!

    Increase Your 2016 Sales!

    Increasing the sales depends on your circumstances as well as how you perform your business. You might choose to focus…

    1 条评论

社区洞察

其他会员也浏览了