Power-up with the 6Ps to help grow your God inspired business or organisation.
Here’s what I’ve learnt from hundreds of business owners on their path to be profitable and sustainable.
And that’s no small achievement given 80% of start-ups fail in the first couple of years.
Here it is: how to power-up your God inspired business.
Power-up your business with Purpose.
What’s the point to your business? Do you have a purpose?
A new business has no certainty of success but one thing you can guarantee is the reason why you’re doing it in the first place.
And that should be from a deeper sense of purpose.
I’m fascinated that the most successful businesses I’ve seen are never just motivated by money.
Money is a result of what they do. An important one of course but not the sole purpose.
A purpose in business should look like this; to change the world in some way by improving it or making people’s lives better.
It might be that you have a vision you want to see realised in the world. Therefore your business is the vehicle you’re using to get you there.
This is so important. Why?
It’ll be the reason you keep going when times get tough.
It’s also why you choose to take your business in one direction and not in another.
It’ll help form the values you trade by and even who you pick to be in your team.
If you live and breathe your purpose in the business and others catch it too, you’ll be powering up your business, significantly.
And believe me, that’ll put you at a real advantage.
Especially over larger competitors who are slow and have even lost their own sense of purpose and direction.
Power-up your business with Passion.
Flowing from your purpose is your passion. Or is it the other way round? It really doesn’t matter.
If the purpose is the direction you fly, passion is the fuel to get you there.
Unfortunately, the word has become a cliche lately. People forget there’s a fair amount of pain in passion. Because passion is all-consuming. Obsessional, even.
You know you’re passionate when most of your waking moments are thinking about or being active in the business. And then you’re always talking about it with your long-suffering loved ones who are hopefully supporting you along the way.
In business, to be passionate is also to really love and understand the product, service and market that you’re serving.
And yes, your customers too.
That will put you at another advantage when the bigger players sleep at night.
So power-up your business with passion and you’ll always keep flying.
Power-up your business with Planning.
It was General Dwight D Eisenhower who said ‘planning is everything, the plan is nothing’.
Wise advice. This is what it means for your business.
You need to have a plan because planning is everything. It means clear goals and objectives that are realistic and cost. You know then where you are going and what you need to do.
Only then will you realise your vision and purpose.
But the plan is also nothing because something will surely get in the way of you delivering your ‘perfect’ plan.
It’s called reality.
Let’s say that amazing product you’ve created better suits a different customer than you thought.
So as a result of circumstances, you need to change direction and be more agile to respond to a new demand.
That’s when the plan gives way to the opportunity because a powered-up business will have room for both.
This is what the writer of Proverbs says,
‘Prepare your work outside, get everything ready for you in the field; and after that build your house.’ Proverbs 24:7.
Power-up your business with the Proposition.
What are the tangible benefits to customers of your product or service? Do they really care?
Being a smaller fish in a big pond of plenty others means you have to really bring something distinctive to the marketplace.
You’ve got to have a compelling proposition.
If there’s anywhere to have complete focus, it’s this. If you don’t have a strong business proposition you’ll join the ranks of the 80%.
I’m being serious.
Assess, reassess and iterate your product/service offer to get the most desirable market fit.
You can begin this by asking how does my offer serve a need, solve a problem or provide other positive benefits for the buyer?
Just how many buyers are there?
And will the purchase price be profitable?
This is where lean startup methodology has proven to be so effective.
But personally, I think the best business propositions have much older roots.
Every business to some degree is there to serve and to do it better than others.
‘The greatest among you shall be your servant’. Matthew 23:11.
That’s what Jesus demands of our attitude and approach to others in all of life, so why wouldn’t we apply it to our businesses?
So to summarise, the best businesses have the best proposition, at the best price (that does not necessarily mean cheap) with the greatest service ethos.
If you can achieve anything close to that, you’ll be truly powered up!
Power-up your business with Perseverance.
In the first couple of years, your business is particularly vulnerable (though risk will never disappear).
You’re going to hit problems that threaten the survival of your venture.
The key is how you deal with it.
From what I’ve observed of entrepreneurs, the ones that keep going persevere under trial and challenge.
Its those problems (such as over-trading, bad stock, or an unseen event) that can completely throw the business into turmoil.
And it’s at this point that we have to find an inner resource to overcome the challenge and also, if possible, turn it into a possibility.
That’s where perseverance and its twin quality persistence are the traits that really power-up a business into a different league.
And it’s largely down to you the founder and the people you pick to have around you.
So when the unforeseen and unexpected comes, persevere if what you’ve got is proving itself.
Weathering out some storms will also make you and the business powered-up and stronger.
Power-up your business with Prayer.
Oops, did I miss a P somewhere?
I sure did.
Our final P to power-up your God-inspired business; prayer.
‘Unless the Lord builds the house, its builders labour in vain’. Psalm 127:1
Build ‘the house’ with prayer.
Have the Lord closely involved in everything. I believe a Christian entrepreneur needs the prompting and guidance of the Holy Spirit and good wisdom and discernment, at all times.
Then you’ll power-up your business or organisation in God.
This is the greatest thing of all, to be powered-up by Him to do something amazing and unique to you. All to serve God and be an awesome witness in the marketplace.
More power to you all!
If you’d like to discover your unique life calling, download my free e-guide here.
Jeremy – Not Only Sundays (About Us).
© Not Only Sundays, October 2018. Images CC0 Public Domain – sourced on pixabay.com under a creative commons licence CC.