As a small business owner, you feel pulled in a thousand directions, right? Well, there are seven reasons for this because there are seven areas vying for your attention all day, every day. Keep in mind that in the corporate world, there’s a C-level position for all seven of these areas.
So what are the seven areas clamoring for your attention? How can you prioritize them? What are the questions you need to ask yourself as you build, grow, or scale your business? Tune in to this episode where guest and certified DOO Andrea Layne and I break down the seven pillars of your business and what you can do next to make your business thrive.
The Seven Pillars to Your Business Strategy
There are seven areas in your business pulling for your attention. Let’s break them down:
1. Financial Steadiness
This is not all about revenue, but establishing a solid financial foundation. Ask yourself these questions as you think through this pillar:
In the corporate world, the CFO would oversee these responsibilities.
2. Visibility
You may spend a lot of time here because you want people to be aware of your product, but don’t spend so much time here that you neglect the other six pillars.
Think through these questions:
In the corporate world, the CMO would oversee these responsibilities.
3. Product Creation and Refinement
This area is responsible for generating revenue. It’s exciting to dream up new products and services, but you must also integrate and execute these ideas within the context of your mission. You’ll also want to keep refining and improving your current products.
Ask yourself these questions as you think through this pillar:
4. Operational Excellence
This is about people, systems, and software coming together so your business works effectively. This pillar involves automations and workflows. You get time back when you systematize.
Ask yourself these questions as you think through this pillar:
You can’t scale without systems. What do we mean by “scale?” There are three phases of business:
In the corporate world, the COO would oversee these responsibilities.
5. Team Growth
Who do you need on your team to scale your business? You need human capital to run and grow your business because it helps you multiply yourself. In this phase you may lean on a VA, DOO, strategists, or a graphic designer.
Ask yourself these questions as you think through this pillar:
In the corporate world, the CAO would oversee these responsibilities.
6. Customer ExperienceThis is about how you’ll delight your customers. Customer Experience involves thinking through what your client will do once she’s signed on. This pillar isn’t about gifts, but more about communication and interacting with your customer throughout your relationship together.
Ask yourself these questions as you think through this pillar:
In the corporate world, the “Director of Happiness” or “Director of Community” would oversee these responsibilities.
7. Growth + Development
This is about how your professional growth. Ask yourself these questions as you think through this pillar:
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Note: In your business, you will spend most of your time on your top two to three pillars. Stay focused!
Key Quotes from the Episode:
Connect with Andrea Layne
Andrea Layne is a business engineer who helps her clients take their vision and put smart strategies behind it so they can build a business to last. She started her career in 1999 in a Big Five Firm and serving as a business consultant, then IT project manager for Fortune 100 corporations over 11 years. This experience gave her a foundation and process for helping businesses run more effectively. She has always loved design and art, and in 2011, she decided it was time to pursue this passion.
Andrea built a high-end wedding floral design company serving the Tampa Bay market until 2017. While she adored "playing with flowers" all the time, she realized it was taking her away from her family more and more as it grew. So after 6 years, she knew it was time to pursue a different option. That's when Andrea came back to her roots as a consultant, but this time working with creative, service-oriented entrepreneurs to guide them to financial success with less overwhelm.
She knows big business.... she has strategized systems and engineered software for giant corporations. And she deeply knows small business, because Andrea has been there in the trenches.... making mistakes and having successes. She knows what it's like to battle profit margins, feel the weight of wearing all the hats, and worry if she could ever make enough to actually pay her bills through her creative passion.
Andrea took all that she learned on this life journey to create services so her clients can breakthrough the ceiling of stress in their business and finally achieve their goals with sustainable foundations.
Andrea completed the Director of Operations Certification in 2018.
To connect with Andrea Layne, visit her here:
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Email: info@thecreativespring.co
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This episode was originally published on theopsauthority.com/podcast/5