Are you a builder or a chaser?

A builder envisions what they want their business to become. The vision eventually becomes a plan based on analysis of personal and competition strengths and weakness, the marketplace, and strategies of ways and means to materialize the vision.

A Opportunity chaser will go to any invitation.  They  under achieve because time is spent looking for and trying out the best deal on the hottest trend instead of building business with strategy focused with personal values, business growth, and the customer base that drives it.

While all these characteristics may be present in any opportunity, analysis of how your time and money converts to ROI may not be clear.

With no other test but whether or not it can make some money as soon as possible, opportunists chase the elusive get rich quick easy promotions. Although sales and network matrix building are important business assets, what opportunists tend to overlook are basic long-term strategic plans.

Instead of chasing opportunities, business builders tend to analyze and develop them. Business building whether on or off the internet requires a variety of skills that must be developed for any specialized but profitable segment of a market or niche. Therefore, one main difference between business building and opportunity chasing is how to use leverage.

Opportunity seekers tend to choose offers that appear to be do-able from their personal effort as part of a team or network of affiliates which begs the question, who is leveraging whom? Conversely, the business builder tends to select only product and service opportunities that support a scalable business where personal time and ROI can be leveraged for profit.

ROI compels many opportunity seekers to do the same thing as everyone else. In practice, they end up trying to do it longer, faster, and smarter than everyone else with a net result of diminishing returns or lower ROI and their expectations shattered by apparent under achievement.

On the other hand, businessbuilders out-source instead of out-task to quite simply continue to add value to their time instead of having it fixed or decreased by matrix limits. The measurable difference between out-sourcing and out-tasking is whether your time produces an increase or decrease of your return on investment.

ROI should produce a win-win outcome. Unfortunately in practice, it differs more often for opportunity chasers than business builders. Opportunity choosing and business buildings are both important activities, but one without the other is like a car without gas, a nice ride but doesn't go very far.

What is driving you?

Maverick Rules!

 
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2 Comments on Swinging a Hammer!

JAN
27

Both!  Building a business and chasing a vision.

Good points, yet don't overlook a major player in the decision between out-sourcing and out-tasking.

COA - Cash On Hand.   :)

11:11pm • #1
JAN
29

Jim,

Ouch!  Your are right.  I ask my HI clients that I mentor what did they invest in over the last 10 years while the business was good.  They look at me like, well I spent it or put it back in the business. 

Goober would say "shameful, shameful, shameful"

Establish other forms of income with your profit to prepare for the slow (down time) as we are experiencing right now.

Cash is King, but MSI is Queen (Mulitiple Streams of Income)

Maverick Rules!

2:58pm • #2

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Dave Park "The Maverick Builder"

Raleigh, NC

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Advantage Inspection Raleigh

Address: 4020 Wake Forest Road #111, Raleigh, NC, 27609

Office Phone: (919) 850-2526

Cell Phone: (919) 796-1141

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Mentoring by creating business platforms and structures that foster ideas and innovation. Advice on Real Estate sales strategy development through visualizing innovation and streamlining its implementation. Sales and Marketing tips for the Home Inspection Industry.


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