Know why families and other businesses struggle?

We can debate this subject all day, but it always comes down to a handful of reasons.  Knowing what those reasons are is the big issue. So check off your problems here, so you can start to do something about them. You see, you’re not alone. There are millions of people in the world who are also struggling. But, there are also just as many who found a way to overcome their struggles. A new home-based business might hold the answers you are seeking.

If anything, the COVID19 pandemic has shown us that our customers buying behaviours have changed and changed forever, so we must all make changes too. Because costs are lower when there are existing clusters of skilled workers and infrastructure, it is easier for businesses to transform and expand, contributing once again to their community. So here are some ideas to stop your struggles. And remember, it’s important to celebrate your accomplishments.

  1. Unable to be reliable, practical, valuable and helpful.
  2. No understanding of the customer’s problems, frustrations, wants and needs.
  3. You don’t follow your own advice when trying to cope with adversity.
  4. You have no support.
  5. Values are not congruent with their customer base.
  6. Your systems, tools and processes are inadequate.
  7. No unique value propositions.
  8. Lack of essential systems, tools and processes.
  9. Not able to generate quality leads and opportunities.
  10. No clear market niche.
  11. Poor customer experience.
  12. Poor customer service.
  13. Clients focus on their own goals, not those of the advisors.
  14. You don’t link your pricing to the results you achieve for clients.
  15. Can’t maintain own business operations.
  16. Only react to the client’s immediate problems and frustrations, not long-term solutions.
  17. Not enough attention is devoted to cash flow issues.
  18. Content and content marketing techniques are poor.
  19. Don’t focus on the client making or saving money.
  20. No, or poor website and social media platforms.
  21. You are conflicted between doing and securing new business.
  22. Not resilient enough to endure when the going gets tough.
  23. You don’t have a supportive group or community.
  24. Poor quality marketing materials.
  25. No value proposition.
  26. Lack of understanding of the client’s industry or their circumstances.
  27. Not very creative or innovative.
  28. Actions don’t live up to the rhetoric.
  29. Too little business development knowledge.
  30. Lack of knowledge of the impact of droughts and other adversities.
  31. Training themselves is only given a second thought.
  32. Too easily distracted by their own or the client’s activities.
  33. You create mountains too big for clients to climb.
  34. Lack of practical applications, too much theory bogging you down.
  35. You don’t know how to scale your business.
  36. Consistent methods, no record of successful strategies used.
  37. You fail to establish a finishing line and are not good finishers.
  38. Poor or inadequate planning skills.
  39. No knowledge management system.
  40. Fail to bring about order when there is chaos.
  41. Poor time management habits.
  42. Low level of physical fitness.
  43. Your solutions and processes are not scalable.
  44. Non-caring and sharing attitude.
  45. You don’t build equity but spend to the level of income.
  46. Too risk-averse.
  47. Have difficulty keeping up with client expectations.
  48. Your business is dependent on you alone
  49. You haven’t learned about outsourcing and continue to struggle with issues.
  50. Products or programs do not leverage their time.
  51. You don’t build on or leverage what they already have.
  52. Your offering is a commodity like everyone else.
  53. Overlook the client relationships and lifestyle.
  54. You find it difficult to manage change.
  55. No unique products or services.
  56. Record-keeping not up to scratch, sloppy paperwork.
  57. Workflow management is poor.
  58. Not a good public speaker.
  59. You cannot maintain the trust and loyalty of others.
  60. Lack of celebrations when clients have a win.
  61. No administrative support.
  62. Commitment and accountability to your clients are poor.
  63. Lack of practical experience.
  64. No sense of timing.
  65. Collection of outstanding debtors.
  66. Follow-up and seeking feedback is lacking.
  67. Fail to think big enough.
  68. You have lost your passion for what you do.
  69. Too emotionally involved with the client’s issues.
  70. Poor market conditions also add to the struggles of the non-prepared.
  71. Too worried about your problems, and it shows.
  72. No succession plan.

You don’t want to be another statistic. Instead, you need to change your lifestyle and how you do business as quickly as possible and get away from whatever has prevented you from achieving those fantastic outcomes you have been dreaming about for so long.

Every once in a while, let yourself have time to think and reflect. Allow yourself time. You can’t just bounce back immediately from a setback. But, even when everything falls apart, you can still rise again and put the fun back into your business and your lifestyle.

Using better planning practices will help to navigate and implement the changes you need to make. Of course, engaging an advisor with practical knowledge and experience can make all the difference.

Stop stressing; there is always something you can do. Release the hidden value and get on top of your struggles by making a conscious effort to change your habits and routines.

Quotable Quotes.

“Struggles are overcome with hope and a dream while knowing the things which are worth the effort”. Peter Sergeant

“A community or business without advisors pushing new ideas and opportunities will maintain the status quo and continue to struggle”. Peter Sergeant

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