Episode 108 - The 1 Question You Can Ask Yourself to Turn Your Business Around

Episode 108 – The 1 Question You Can Ask Yourself to Turn Your Business Around

Your business has been struggling. You’re frustrated, revenue is down, trying to hire and keep decent employees seems impossible, and you’re trying desperately to do all the things to stay afloat. If this sounds like you lately, you need to ask yourself this one question: Does this make my boat go faster?

What? Boat? I know, we’re not sailors here, we’re entrepreneurs. But your boat is your business. And I heard a story once about and Olympic rowing team, and their thought process about their discipline. If something would come up, say a party or a chance for celebration, they would ask themselves: Will this make the boat go faster? If not, they would not do that thing. They had but one focus.

I think this mindset relates back to business ownership in so many ways. When we become overwhelmed with our work, it’s usually because we continue adding more and more on to our plates in hopes that more hours = more success. But added weight will not make the boat go faster. It will only hold it back.

And to help you determine what you need to let go of to make that boat go faster, the first thing you need to do is get super clear on what it is you want to achieve. What does that vision of the future of your dreams look like? If we don’t know what it is we’re working towards, we can’t really make the judgement call on whether or not it will make us faster, or simply be further hindering our growth.

Next, pick out the things that you do really well. Once you do that, you’ll also discover the areas that need work, and the areas that are just wasted time. Once we turn our lights on and map out the path ahead of us, the direction suddenly becomes so much clearer.

In case you are feeling stuck with even beginning to pick apart your business in this way, I will be launching a five-day bootcamp experience starting on May 10th at 3PM ET, and each day following until May 14th. We’re going to go over and really get clear on where your business is, where the problem areas are, and what to do next so that you can build a rock-solid foundation so you can become more profitable, and make sure that no matter what impact comes your way, you are going to thrive.

Make sure to save yourself a seat by signing up here and I’ll see you inside the bootcamp!

To download a transcription of this episode click here.

If you enjoyed this episode and in some way it inspired you to start taking action, I’d love to hear about it and know your biggest take away. Send me a DM on Instagram @theresacantley and let me know what your favorite part was.  

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If there is a topic you would love me to talk about or a question you may have send it to us at theresa@theresacantley.com and we’ll feature it on one of our future episodes.

Don’t forget to take advantage of my FREE download, 10 Tips Towards Massive Growth, to learn how to jump-start your business to get back on it’s track towards success.

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