Are you solving the right problem? Learn how to solve your real business pain points fast with minimal resources.
Approximately 90% of businesses fail for many reasons:
- Poor Cashflow Management
- No product-market fit
- No business planning
- No Marketing (Communication) Strategy
The main reason is that the founders confuse the signs with the real cause why the business is failing. They are wasting resources on the wrong side of the business.
After wasting enough resources, the panic will generate random actions and random results.
Good to know! — Businesses do not fail. Founders do.
Learn how to discipline your thoughts, focus on what matters, and strategically build accountable action plans to solve the signs of the failure from the root cause up.
To find the root cause of the failing symptoms, we should build a tree of challenges asking “WHY this happened” at least three times until we get a genuine answer.
“Data from the BLS shows that approximately 20% of new businesses fail during the first two years of being open, 45% during the first five years, and 65% during the first 10 years. Only 25% of new businesses make it to 15 years or more. These statistics haven’t changed much over time, and have been fairly consistent since the 1990s.
According to the Bureau of Labor Statistics (BLS), entrepreneurs started 843,320 new businesses in the year ending March 2021. From the historical data, we can expect approximately 168,664 of these businesses to fail within the first two years.”
With a purpose at the core of the business model, proper strategy, education, and focus on what matters, most businesses can thrive instead of fail.
Because of ignorance, over-excitement, lack of education, and neglecting innovation, business owners cannot indicate their business’s pain points and solve their root cause.
Don’t Blame. Solve the Pain.
Owning and growing a business is painful… a “sick” game of pain and pleasure; it is a strategy game. Keep this in mind; pain is a motivator for action. No pain, no gain. Look at pain as a fundamental element of evolution and wisdom. Your approach to pain will decide the future of your business. You have only three options: ignore, blame, or act to improve. The inner leader will help make the best choice.
Don’t Blame the Sales.
Most entrepreneurs have a limited focus on sales only. Around sales are built a mass of emotions, assumptions, expectations, and of course, disappointments. Narrowing your entire business thinking strategy and putting pressure only on generating more sales without connecting the critical points of the whole business system is ignorance that will lead to burnout and failure.
Learn to find and solve your business challenges holistically without putting pressure on sales. Sales are nothing else but a natural harvesting methodology of a well-done farming strategy. Sales are the pinnacle of the entire business model, system, and process.
In our approach, sales are just a process to generate resources to manifest your purpose. From this perspective, the entire business strategy and dynamic will change.
3 Step-Process to Find and Solve Your Business Pain
Let’s have fun finding and solving the root causes of your pain points to build a thriving business and manifest your purpose.
Write a list of your most challenging business pain points. For your inspiration, here is a random list with some examples of signs that should raise a red flag for a deeper analysis. You can rewrite and personalize it with your language.
- I’m excited about running this business anymore. The fun is gone.
- We don’t have enough money.
- We struggle to get new customers.
- We struggle to keep existing customers.
- Our revenues are too low.
- Revenues are OK, but profitability sucks.
- Our employee retention is too low.
- I want to sell this business.
- Wrong business partner.
- We’re having quality issues with our products.
- Prices are too low.
- We just lost our biggest client and half of our revenues.
- Our business culture sucks.
- Nobody knows who we are.
- The competitors’ marketing is better than ours.
- I have no idea how much my business is worth.
- I want to franchise this business, but I have no idea how to get started.
- We know how to differentiate ourselves on anything but price.
- Frankly, I think you are company name is silly, and we’re losing business because of it.
- I have no idea why we just lost that big deal.
- Our partners don’t seem to be motivated to sell our stuff.
- Too many customer complaints.
- Foreign competition is killing us.
- There are new competitors on the market, and they look like they know what they are doing.
- One employee is destroying everybody else’s morale. He’s a poison to the company!
- Inventory shrinkage has been going through the roof lately. What’s up with that?
- We’ve been struggling to sell this business for three years now and haven’t received a relevant offer.
- How can I get a list of quality prospects for our business? Where should I start?
- I have no clue why employees’ morale is low and they are not motivated.
- We don’t have an employee handbook, and it’s starting to become a problem.
- This business is like a prison sentence.
- I feel like everybody’s making money in this industry but us.
- We don’t know if we are making money or losing money with this business.
- Is nothing meaningful in this business besides the money?
- I’m not going to finish the order on time because of this ______________, and my best client will be pissed!
Write and Evaluate your list of pain points and their negative outcome, and select the top 5 most dangerous (important and urgent) pain points that can kill the business.
Top 5 Pain Points
Find the solution to the root cause of the pain.
Use the diagram to find the disconnecting points and evaluate the affected element of the business. The diagram will help to visualize the interconnectivity of the business elements and find the root cause of the pain.
Find the root cause of the pain and ask “Why” three times. Next, ask, “How I can fix it.” Last, build an action plan with all the “What I must do to” fix it. The challenge is to prioritize the tasks in the sequence. Random actions will generate random results.
Over the years, we’ve helped many large and small companies figure out how to solve their business pains to launch their business journey, increase sales, scale, or sell the business.
We helped small business owners not to panic and act randomly but to operate strategically and solve the most demanding business challenges based on importance and urgency.
In our program will evaluate the following connectors
You don’t have the purpose defined.
The purpose is not connected with the business model, system, or process.
You don’t have an inner-leadership manual.
You are not connected with your business.
You don’t have a valid solution for your product.
Your solution is not connected to the business model.
You don’t know who your customer is.
Your customers are connected with your business.
You don’t control the production flow
Your business is not connected with marketing and sales strategy.
You don’t have a communication strategy that shares your purpose and connects with customers and business models. You act randomly, hoping for sales to happen.
BUSINESSES FAIL BECAUSE OF THE DISCONNECTORS.
Did you know that business is a system, and every single business has 8 elements that generate the growth motion?
Our “Business System Thinking” helps you analyze each element and the dynamic and check if there’s a point where your business is disconnected. If you’re not paying attention to the correct elements and connectors, you’ll waste resources on the wrong business side. This will lead to the main reasons a business fails poor cash flow management, no product-market fit, flawed business model, poor quality product, or cost-pricing issues.
After designing and looking through multiple business models, verticals and niches, we’ve found the ALGORITHM to Reveal what disconnectors are generating the most stress for your business and help you find and fix them to GROW your business…
what breakpoint you’re at and help you break past it to GROW your business…
It’s actually not that complicated if you know what to focus on, analyze and how to build an accountable action plan and execute it right.
All you need to know is the proper steps of the process you should follow to continuously improve the business system and breakthrough challenges rather than retract.
There are 8 reasons why most businesses struggle to grow. With this free quiz, we will not only show you the business elements and the disconnects you are facing but also how you can learn to focus on what matters in your systems and processes to innovate continuously and maximize new growth opportunities.
HERE’S HOW THIS SIMPLE YET EFFECTIVE QUIZ CAN HELP YOUR BUSINESS INSTANTLY
The worst place you can be is to have all business elements disconnected.
The most dangerous spot you can be is not even knowing…
In reality, most business owners are working IN their business and struggling to scale without a minimum understanding of what they are doing.
We see businesses CRASHING because they FAIL to understand their business model, system, process, and the disconnects between elements.
You’ll never fail if You are committed to controlling the business journey…
Let’s explore the business elements and what disconnectors currently challenge your business to grow strategically. We can do this calmly without panic and burnout.
DON’T FEAR BUSINESS CHALLENGES. EMBRACE THEM!
You can’t allow your business to act randomly in this continuously changing and challenging world. Luckily for you, you don’t have to as long as you know how to focus on what matters and have the tools to act fast and efficiently.
Let us show you the quick indicators in your business that will show you exactly what you are about to experience…
Business is a process you can master if you have the Proper guidance and the Right Method…
Invest just a few minutes and evaluate your business elements and connectors with this quiz and use our method to flip challenges into a new level of growth for you and your business!
At Brsiness, we believe that success is the result of hard work, education, and persistence. The examples given should not be considered typical, and there is never a guarantee of results. The information provided is educational in nature and is not legal or financial advice. By using this website or any related materials, you agree to take full responsibility for your own results or lack thereof. Our team is here to support you, but you should always do your due diligence before investing or taking any risk. Success is your duty, obligation, and responsibility.
EVALUATE YOUR BUSINESS AND BUILD A CONTINUOUSLY IMPROVING SYSTEM
Do you want to solve your business pain points fast with minimum resources? Learn about your Business Disconnectors!
Our proven program, tools, and methodologies help you control and connect major topics of your business purpose, inner-leadership, solution, production/operation, branding-marketing-sales, with the exit strategy in mind.