As we wrap up the third month of the year and the end of the first quarter of the calendar, it is a nice time also to wrap up the 5th “P” – Profit in our 5 “P’s” review. You might say we kept the best for last, but in actuality, profit is the result when the other “P’s” are implemented and executed consistently.
Profit is the result of focusing your attention on your people, having a solid pace of progress, and being open to new perceptions that allow you to be the best you can be.
Our world today is overwhelmed with many perceptions. The variety of media outlets imposes many people’s opinions on us, which causes a number of perceptions to begin to be formulated in our heads. These perceptions, combined with the biases that we have, form very distinct views of how we see and interact in the world.
Perceptions can happen both by other people of you and you of other people. Keep an open mindset to all the variety that comes your way. You never know what the next thing might just be that is beneficial to you and others.
The question is – How fast or slow should the business go in order to realize its greatest outcomes? Is your business in a sprint or running a marathon? These are tricky questions. At first, they appear to be simple, but…
Success is not a sprint but more of a marathon. Each step along the path to a better outcome is based on the previous steps. Sometimes, those steps come quickly, but long-term sustainable progress is the culmination of many steps over long cycles of time. Have patience while traveling forward on your journey.
As we begin the third month of 2024, we start March by focusing on your business’s most valuable and important asset – the people. Unless you are a lights-out, 24-hour operation run by technology and robots, it takes the commitment and know-how of people to make your organization thrive.
People are not only a business’s most valuable asset, but they are also the backbone of both business and personal growth. Our business colleagues and personal friends deserve the acknowledgment of the value they bring to our lives.