Happiness Equation: Happy People + Efficient Business Systems = Profit
Over the past several months, I’ve been talking about several themes of small business management; namely building a happy business, the Courtesy System, attracting perfect clients, etc. After serious reflection, I’ve come to realise that these topics fit into a simple formula that you can use to create a business and a lifestyle that is not only enjoyable, but profitable. I call this formula the Happiness Equation.
Over the coming months all of the blog posts will comprise at least one part of the equation. The “Happy People” variable of the equation includes anyone (and everyone) who interacts with the business – customers, suppliers, employees, partners, service providers, and even your family! The “Efficient Business Systems” variable addresses all of the processes and procedures necessary to make your business run. The end result – when implemented and applied correctly – is Profit.
As I have said from the beginning, we spend far too much time working to not enjoy what we do. Further, when we choose to be business owners, we often do so in order to have greater control. So, we are in a position to choose to work only with happy people and to choose to utilize efficient systems. My goal is to help you understand the available options and also make a profit!
We’ll begin with three major themes: training, outsourcing and suppliers. These themes are important because they address both variables of the equation – people and processes. Therefore, any significant improvement will have a positive effect on the profit side of the equation.
As we move forward with the Happiness Equation, I would really welcome your input on the topics. Please feel free to share your experiences and results with all of the readers in the comments section. We’ll all benefit by the open exchange of ideas!
Over the coming months all of the blog posts will comprise at least one part of the equation. The “Happy People” variable of the equation includes anyone (and everyone) who interacts with the business – customers, suppliers, employees, partners, service providers, and even your family! The “Efficient Business Systems” variable addresses all of the processes and procedures necessary to make your business run. The end result – when implemented and applied correctly – is Profit.
As I have said from the beginning, we spend far too much time working to not enjoy what we do. Further, when we choose to be business owners, we often do so in order to have greater control. So, we are in a position to choose to work only with happy people and to choose to utilize efficient systems. My goal is to help you understand the available options and also make a profit!
We’ll begin with three major themes: training, outsourcing and suppliers. These themes are important because they address both variables of the equation – people and processes. Therefore, any significant improvement will have a positive effect on the profit side of the equation.
As we move forward with the Happiness Equation, I would really welcome your input on the topics. Please feel free to share your experiences and results with all of the readers in the comments section. We’ll all benefit by the open exchange of ideas!
I love your positive attitude!
Posted by: Terrie Hall | 22/10/2009 at 05:15 PM