Stop Guessing, Start Growing: A Scientific Approach to Business
We know that being a business owner is not for the faint of heart. It’s hard work that requires you to be smarter today than you were yesterday. Add to this the never-ending stress associated with having everything you own tied up in your business, which can feel overwhelming.
One way to make business ownership feel less overwhelming is to use mental models and frameworks to help apply business laws and principles to business problems. Fortune 100 executives do this in leading their multi-billion-dollar corporations.
The key to using any mental model is to never force-fit a particular framework or model to solve your business problems. The better approach is the data-driven approach grounded in business science versus a consultant’s craft. Scientists set aside opinions, perspectives, and assumptions until they have concrete evidence to back them up. As such, a business scientist will never rely on opinions or assumptions to make knowledgeable theories, whereas business consultants do this all the time because it’s easier.
Just as influential scientists of any discipline apply the scientific method to problem-solving, you too can use the following method to stabilize a struggling business as well as position a profitable business for higher profits. This method starts with the hypothesis: “Is this a great business to own?” Then answer this question using your data to prove whether this hypothesis is true or not, as follows:
The scientific method is the best approach to solving business-specific problems, leading to enhanced actions, higher sales, profits, and cash flow.
Once you know whether your business is a great business to own, the next hypothesis to explore with data is “Could this business produce better results? Yes or no?” Your answer to this second question is how you position your business to generate the cash reserves from profits that creates financial freedom. Click here to learn more about the science of business.
The next question is, “Do I want to fix what’s not working myself, or do I want help?” Before you answer this question, consider the following visual:
Do I want to be a “self-fixer,” or do I want to work with a professional?
For those who want to be a “self-fixer,” this site contains the information you need to discover the truth about your business that will lead to better results. This is not a teaser site that holds back the core information you need to make more money to force you into our “sales funnel.” The information you need to make more money is here; all you must do is study and then apply the information to your business. Do this with a sense of urgency and discipline to realize better business results.
If you would like help applying the science of business to your business, click here for a free business review from a certified BusinessCPR™ Business Scientist. They will confirm, at no charge, how well your management team is managing the relationship between cash flow and profits through action-driven reporting to make more money.
