Hey Contractors Have You Been Focusing On The Wrong Problem

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Hey Contractors, Are You Addressing the Right Problem?


Summary:

When aiming to enhance your business, how do you determine which issue to tackle first? Should you focus on what's most annoying, or what causes frequent disruptions? Today, we're diving into the art of choosing the right problem to solve, steering clear of common pitfalls.

Article Body:

When it comes to improving your business, how do you decide which issue needs your attention first? Is it the one that annoys you the most? The one causing constant fires? Or perhaps the one you secretly enjoy working on?

Today, we're focusing on problem-solving, but with a unique angle. Rather than delving into problem-solving tools and techniques?"topics exhaustively covered in countless books and articles?"we'll explore a more critical issue: choosing the right problem to solve. This decision is not as straightforward as it might seem.

A brilliant friend of mine, a retired professor from the University of Kansas School of Business, spent over 30 years researching how businesses and non-profits improve. His findings were surprising: managers often choose the wrong problems to address.

While management teams frequently devise excellent solutions, these solutions often target issues that don't significantly impact overall business performance. It's a futile investment?"solving inconsequential problems won't drive the improvements you hope for.

When the problem lacks leverage, you're squandering time, energy, and resources. Worse, if your efforts yield no improvement, you might blame the solution and attempt to solve the same issue repeatedly, stuck in a costly cycle.

Conversely, picking the right problem?"one that impacts your business performance?"means even a less-than-perfect solution will yield positive results. You’d move forward, encouraged by success, to tackle the next crucial issue.

So, how do you identify problems with leverage? Ken, our expert, identified 29 different processes influencing business performance, each varying in leverage across companies and situations. Your task is to pinpoint the one that needs fixing.

Here’s a tip: inspect the problems you’ve been avoiding, the ones looming like monsters in your closet. These are often the issues with the most significant impact on your financial health. For many contractors, this big bad monster is an aversion to selling.

This insight motivated me to create and share "The 10 Biggest Mistakes Contractors Make." This report highlights common and critical errors that can jeopardize your financial health. Addressing these can shield you from trouble and pave the way for establishing six systems that drive contractor success.

To grow your business, focus on problems that will significantly enhance your bottom line?"not necessarily the ones that are easy or enjoyable to solve.

The takeaway: selecting the right problem is far more crucial than perfecting its solution.

For a quick assessment of your business and to identify focus areas, visit my website [FilthyRichContractor.com](http://www.filthyrichcontractor.com) and click on "Test Your Business."

You can find the original non-AI version of this article here: Hey Contractors Have You Been Focusing On The Wrong Problem .

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