Have you got the formula for success?
“The path to business success is led by passion and unwavering determination”
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Have you got the formula for success?
One of the best pieces of advice I received this week was the reminder that business is a formula that can be applied by anyone with the passion and determination to use their individual skills to succeed. One of these is the bespoke Fetola Growth Method which is the formula that we have created and refined over thousands of successful businesses, across every sector and in all corners of the country. And it goes like this:
- Mindset: Start with a clear and inspiring personal vision that’s linked to your own journey and your own experience and then activate it through your business mission
- Market: Identify a niche market that you can own. Refine your sales methods to attract and retain your customers
- Model: Create an operating model that delivers reliability, quality and value for money
- Money: Refine your revenue model, optimise profitability, manage cash flow and build a track record of your money so you can attract support for your future growth.
But perhaps the most important and often hidden step is Mentorship because the fact is that no one builds a business alone. We all have different strengths and weaknesses and everyone needs supporters, partners and mentors to help them succeed.
This is the very reason why business accelerators, peer groups and support structures exist and is why the most successful entrepreneurs are those who have called on mentors, fostered partnerships and gathered the very best people around them as they have built their businesses.
So this week let’s pause a minute to consider which of the 5 steps we have mastered, and where are we in need of improving? And then find ways to reach out to a mentor, an accelerator or a partner in order to break through and build success. And if you are keen, maybe consider joining the waitlist for Fetola’s future solutions and opportunities. It’s really easy, just click here.
