The Four "P's"

I attended a meeting recently where Ken Blanchard, the author of "The One Minute Manager" and many other books, gave a speech. He told of the four "P's" necessary in running a successful business.

The first "P" stood for Passion. Blanchard said that if you really want to be successful, you must love what you do. You must wake early, anxious to get the day started. If you find yourself watching the clock and wondering when the day will end, success will not find you.

His advice was to get out of that business and find something that you really have fun doing.

The second "P" stood for Profit. It is not enough to love what you do, you must get paid for it. This means that you have to charge enough for what you do to cover all the expenses and your salary, and still have some left over with which to build your business. Profit!

The third "P" is for Priorities. Blanchard said that sometimes you get good at something... really good. You begin to forget how you got there. You forget that it is your customers that pay you. You forget your priorities.

The fourth "P" stands for People. This means the people that you work with and the general public that you serve. You must make raving fans out of your customers so they want to tell others about the quality of your work, how you really cared about them and the fairness of your prices. Raving Fans!

Pay attention to thes four "P's" and watch your company grow!