To gain growth and success in our business is one aspiration that majority of us wish for in our life.
In this endeavour, there are three fundamental questions that we all need to ask ourselves so that, our task to attain growth and success becomes easier. We need to ask ourselves the undermentioned three questions.
First Question: Do you really want to grow?
To express the desire verbally is quite easy, you may wish for growth, acquiring wealth or gaining fame. But the reality is that even if you have this fervent desire to grow, you must realise that it is earned by making huge sacrifices.
Growth demands that you curtail family life, time for your children or any other family engagements. You may often need to travel, mobilize resources and manage funds. You may also have to take risks.
Instead of working for 6 hours in a day, you must be prepared to slog for 8 to 14 hours per day, as your work demands. You may even need to put aside your ego and seek help from others. This may also require door to door approach.
Are you ready to do all this, to achieve growth?
To have this desire for growth is easy, but to grind oneself for this process is very difficult. Everyone wishes to rise and grow in life. When asked about their desires there are some desires that people mention frequently. Some say they want a house, some want to own a car, others want a huge bank balance, or wish to go on a tour to Europe. Each one of us has a small or big wish, but are we able to attain it?
So, answer honestly if you are prepared to pay the cost for your growth. Are you fully prepared to give your body, soul and mind, in the process of your growth? Are you ready to compromise everything, your family as well as your personal life, in order to provide a life full of comfort and luxury to your family? If you are fully geared up, then answer the next question.
Second Question: Is there ample opportunity for growth in your business?
Some business may not have much opportunity to develop. Some business may have a very small margin of profit. In some cases, the customer does not show loyalty. A little extra discount may lure the customer to another seller. In some business, a person who has better finances may enter the market and take over the business of all others.
So, you have to very carefully assess whether there is growth potential in your business, or not. To understand this, very often you will have to assess the growth of people higher than you in the same business, in the same city, or same state, or even across the country.
Assume that you have created a dream of a 100 crore project and, in your business, you rank fifth in your city. But, if the top person in this business from your state, has an annual turnover of 10 crores, then your dream worth 100 crores can in no way be fulfilled with this business. In such a situation, you will either have to minimize the size of your aspirations, or make a partial or complete change in your business.
So, the second point to be considered is, whether there is really any scope for growth in your business. If many people above you in the same business, are steadily growing, that means your business has growth opportunities. Then you have the signal to go ahead and ask the third question.
Third Question: Is your team capable enough to support your growth?
You can only rise to a level, depending on the skill and capability of your team.