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Home » Big Red Tomato Company

Why you’re killing your business – and what to do about it

falling apart

You’re an entrepreneur. You work hard, you put your heart and soul into the business and yet you’re not getting the results that you’re after.

What do you do?

Most entrepreneurs work harder.   They work more hours, they take less time off and they spend less time with their families.

The result?

The results are a bit better, but still not what you’re expecting.

Chances are you’re killing your business. This is how to do something about it.

Most entrepreneurs I meet are struggling with something. Maybe it’s getting more customers. Maybe it’s improving business processes, maybe it’s entering new markets or dealing with new suppliers. Whatever the problem is that they are facing, you can be sure of one thing.

Most entrepreneures don’t like to share what they are struggling with. So it’s very difficult for them to address the problems and deal with them.

I usually find that this is down to one of 3 reasons:

1. You don’t feel anyone close to you will understand the problem or can help

 

2. You don’t think talking about it will help

Finally (and this is usually the big one!)

3. you’re afraid to admit that you’re struggling

Sadly, none of these reasons (however valid) will help you become more successful in your business. In fact by struggling on with the problem you’re facing, you’re killing your business.

 

Now here’s the thing. Once you acknowledge you’ve got a problem you can start to do something about it.

So, make a commitment today to recognise whatever it is that you have a problem with and then you can start to do something about it.

If you don’t know how to fix the problem, think about what first step you would need to take to fix it. Then do that. Then think about the next step, and the next, and the next step and continue to figure out each step at a time until the problem is fixed.

A good first step is our Consulting and Services page!

What are you struggling with? Please share your struggles in the comments section below:

 

4 Comments »

  • Alex Aguilar said:

    I could be wrong (in fact, I’d love to be wrong on this) but I don’t think you’ll get many honest to goodness entrepreneurs admitting their problems in such an open manner. To a consultant bound by confidentiality – sure, but not in an open forum for all to see…

  • Matthew Needham said:

    Hi Alex, thanks for the comment. You’re absolutely right. The purpose of the post really was to get entrepreneurs to acknowledge that they have a problem. As Alcoholics Annoymous defined the guiding set of principles to cure people from addiction, compulsion and other behavioural problems the first step to cure is admitting you’ve got a problem. ie. You’re struggling with something.

    Whether that’s in open forum, private or with family members so much the better, just get the first step done.

    Very valid point Alex and I appreciate the feedback here, thanks for taking the time and trouble.

    Matthew;

  • Matthew Needham said:

    ps. I love the first house you have on your website!

  • Realnet said:

    It sounds so simplified…but often, you’re right, the biggest (and hardest) step to turning a failure around is admitting that there is a problem in the first place. I think the reason it’s so hard to admit is that for most, failure means a PERSONAL failure…and that’s even harder to accept.