We have a lot of interaction with business owners at different levels, and one thing we have learned is there are a few key concepts that separate the high performers from those who struggle. Some of this comes from what we have learned about ourselves over the years as well and applied in our business.
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7 Concepts Grow Your Business
1. 7 Concepts That Will Grow Your
Business
7 Concepts That Will Grow Your Business
We have a lot of interaction with business owners at di몭erent levels, and one thing we have learned is
there are a few key concepts that separate the high performers from those who struggle. Some of this
comes from what we have learned about ourselves over the years as well and applied in our business.
To preface this article: I have been thinking a lot recently about the concept of strategy and tactics.
Through that study, I have determined that we are most certainly a strategy-driven company, as we
rarely focus on tactics. Our focus on tactics is 몭nding a solution that moves us to the next place on the
map.
2. 1) You have control of your own destiny!
This is a mindset that we encounter daily, and fortunately, an a몭iction that we have never su몭ered
from. The best example of this is when people say that they were suspended for nothing. In general, if
your account was suspended, then you did something wrong (either through ignorance or intent.)
Everything we do OR don’t do has consequences. Every choice we make has an impact somewhere. It
just happens that most people want to claim intention over the good things, and claim chance over the
things that turn out poorly.
Once you realize you have power and control over everything you do, and every aspect of your life and
business, it is a truly powerful feeling. You have the power to change and to create greatness.
Just remember: the decisions you make have meaning and consequence.
2) Be solutions-oriented and don’t dwell on problems.
Too often we 몭nd ourselves in the trap of focusing on the problem, rather than the solution. You have
to realize that problems themselves merely present the opportunity for you to 몭nd a creative solution
and progress your life or business.
Here are some examples of problems that people tend to focus on:
Customer returns
File your case, if you have to the grounds. If not, donate or destroy the product and write it o몭 on taxes
as a loss. Do whatever you have to do, but don’t dwell on it. Customers sometimes suck, but why focus
on that? It doesn’t make you money!
Amazon didn’t receive my inventory correctly
File for a reconciliation, and submit the necessary invoices. Then move on.
Amazon lost my items after receiving them
They will most likely 몭nd them and place them back into your inventory. If they don’t, routinely check
your inventory adjustment reports and 몭le cases as needed. This shouldn’t be an exception, this should
be the rule and, as the rule, it should not a몭ect your mood. Shrinkage is a part of any real business. This
problem is not unique to Amazon.
I received a Performance Warning/Noti몭cation
This is simple: play by the rules. If you received this, be happy that Amazon cares enough about your
business to issue you a warning for something you did wrong. Take corrective action, and make sure you
do better next time.
Another seller has started a race to the bottom
Don’t be emotionally attached to your products. Once you have purchased a product for resale it is a
unit. Your goal should be to use the best strategy possible to most pro몭tably sell your units. Products
inherently have no value, and any value they do have is determined by the market price. If the market
changes, the product is worthless.
You can’t dwell on the actions of others, and you certainly can’t control them. Focus on the other
3. products you carry and make the best decision possible with that one. Sell your product, keep your
product, return your product. Those are your options. Choose one, and move forward.
3) Think big. Don’t dwell on where you are; focus on where you can be.
You have to realize *you* are the primary obstacle between where you are and where you want to be.
As I mentioned above, you have control of everything that you do. If you believe you can’t accomplish
something – you won’t do it. However, if you look at new situations, and try to develop the strategic plan
that will get you there – you will accomplish big things.
Don’t handcu몭 yourself by looking at where you are and focusing on resources. Instead, focus on where
you want to be and build a plan that will allow you to strategically acquire those resources as you need
them.
4) Take action, don’t spend time talking about taking action.
Inaction causes more failure than anything. One of the things we truly pride ourselves on in our
business is taking action. We look at situations, decide if it works with our goals, and then take action to
get there.
We don’t spend tons of time trying to analyze all of the possible outcomes. Instead, we decide if the
project is successful. how does it a몭ect our overall plan? Most decisions you make are inconsequential
in the grand scheme of things and can easily be reversed.
I truly believe our best data comes from taking action and learning through the experience rather than
puzzling out all of the possible solutions to decide if an opportunity is something worth taking. Our
approach leads to lots of mistakes and failures but it also leads to lots of successes. In most cases, those
successes dwarf the failures, in terms of the impact on our business.
5) Work with people with the focus of making them better.
I think far too often people approach situations solely from the perspective of “how does this help me?”
Don’t worry, we were once in that boat. We used to be very private and not share things about our
business. However, once we started networking and sharing intimate details about our business we
grew – pretty exponentially! What you learn is: by trying to help someone else, you also get amazing
feedback and advice that will work for you as well.
Don’t be a taker, a lurker, or a leech. Focus on helping others and asking what you can do for them.
Putting yourself out there will pay invaluable rewards.
6) Look for ways to accomplish tasks without being involved in them.
This is about automation and outsourcing. One of the things that holds many people back is the fact
that they try to be everything to their business. Most times it is more pro몭table for you to look for ways
to outsource rather than to actually do the task yourself. By outsourcing and looking for automated
solutions, you are buying time back to focus on the most pro몭table and valuable parts of your business.
Nothing in your business will have such a valuable impact as you focusing on the most important
aspects of it.
7) Remove Negativity From Your Life and Business.