As business owners, we get compensated based on outcomes. What results do we drive? What do we make happen?
We don’t get compensated based on thinking. Thinking is great and thinking very important. We should all be bringing a creativity and be trying to do things we can do to change, evolve, and improve our business. Thinking is critical, but that’s not what you get paid for. We as business owners get paid for results.
We get paid for the results we implement. It takes more than thinking. It takes thinking, refining, evolving and then implementation. Implementation is when those thoughts become changes to your business, improvements, and advancements. That’s where the compensation comes from – the marketplace benefiting from implemented systems and actions.
Your customers and your teams are going to react to the additional value you added, and that’s where the wealth comes from. Don’t just think, implement. Work your way through the process, make things happen.
What’s been your thoughts? Have you had thoughts that you never implemented? Have you faced challenges in your business? Join us in the comments below and let us know what you think.
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This posting is intended to be a tool to familiarize readers with some of the issues discussed herein. This is not meant to be a comprehensive discussion and additional details should be discussed with your attorneys, accountants, consultants, bankers and other business planners who can provide advice for your circumstances. Each case is unique. Past results do not guarantee future outcomes. This article should not be treated as legal advice to any person or entity. Freeimages.com/photographer kalyana sundaran.
About the Author
R. Shawn McBride is the Chief Innovation Officer at McBride For Business, LLC. His signature keynote, The 3 Laws of Empowerment (www.rshawnmcbridelive.com/3laws), gives audiences an entertaining look at how they can prepare, plan and protect themselves. You can reach R. Shawn McBride at firstname.lastname@example.org or (214) 418-0258.
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