Your focus on making money is killing your business
by Fred Roed on 25/02/09 at 8:54 am
3 comments
I stumbled across this post today, which is quite an insightful read. The question “Do you want Riches that you don’t have time to use, or Wealth that allows your business to make money while you’re on vacation?” is one we’ve all grappled with at some point.
The biggest problem in trying to grow a business is that we’re too busy making money. It’s not a play on words – it’s a serious problem. You’re too busy making money.
The overarching swing and a miss here: We think that our purpose in business is to make money when our purpose in business is to BUILD A BUSINESS that makes money. These two things are worlds apart, and almost every business I work with is absolutely buried in making money, which will keep them from ever making a lot of it. Why?
Great stuff by consultant Chuck Blakeman. Read the rest of the article here.
Fred Roed is the marketing guy in the Ideate crew. Fred is the CEO of web marketing company World Wide Creative and the co-founder of online learning portal Heavy Chef. Fred loves writing about people out there doing marketing right. Follow Fred on Twitter here. View more articles by Fred Roed.
Tags: finance, small business
Chuck Blakeman
Mar 22nd, 2009
Fred,
Great to get confirmation yet again that we all struggle with the same things to get to a mature business. I’ll continue to the progress of Ideate as well!
Best,
Chuck
Fred
Mar 23rd, 2009
Thanks Chuck – good to have you around : )
Tom Dooley
Mar 27th, 2009
Interesting article and I have the same thoughts.