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Strategy
You started out putting together something that you could call a Business Plan, right? If you had some help, or needed one to present to the bank or some investors, it was probably pretty detailed and held most everything you hoped to accomplish and how you would get there, all in one hefty document.
Then you launched your business, and got down to the day-to-day of keeping things going and growing.
The months and years flew by. Some products and services took off, and others flopped. You made adjustments, and kept at it. You marketed to your select audience the best you knew how, taking advantage of every free or low-cost method you could find so you could keep costs down. Your strategy, such as it was, was “Keep Things Going!” It worked for awhile…
Now it’s been several months or probably years. You’re working like crazy, but the return has slowed. Even if you’re getting new customers, you’re not getting as many return customers. Your products and services have changed a bit (or a lot..), but not much of the other pieces of the business framework has. You’re still not as profitable as you need to be to REALLY be making a living. You keep looking for things you can alter a bit or tweak to squeeze out more, but you’re running out of options.
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