When you need a little help finding the right method to grow your business, sometimes finding it via trial and error is just not an option. You need something that works now instead of later, no matter how difficult a technique it may be. You’re in luck – there’s a technique you’re probably familiar with but have avoided because it’s one of those “easier said than done” tips. Read on to find out more.
Ask Questions, and Get Ready for Tough Answers
You should always ask tough questions, even when you’re pretty sure you won’t like the answer you get. It’s just part of owning a business. Maybe profits are down this month, or you’ve lost a key employee or client. Asking yourself “how can I learn from this?” may not be an easy thing to do in a time of crisis, but it’s the best thing you can do for you and your company. This includes looking at yourself and how you react to situations. Ask, “Is the way I’m acting the best for everyone involved, or just for me?”
Even if the answer makes you sigh in resignation, it’s important to know the truth. Howard Schultz, the man who took Starbucks from a local Ma and Pa shop to some 13,000 stores in 2008, had taken up a residence in a relaxing part of the US. When he saw his company begin to lose business and the poor economy began closing Starbucks stores, he came back to the company as CEO. He used strong refocusing tactics and brought Starbucks back to the customer. Since 2008, despite the bad economy, Starbucks has grown to over 17,000 stores. Even though Howard didn’t want to come back, he did what was best for the bigger picture – and it turned out to be better for him, too.