It’s November 2nd today, and I found myself looking around and wondering where the time went. In a way that’s great – time flies when you’re busy. But there’s still lots of things to do, new opportunities flowing in, and I’m kinda wondering how we’ll manage the dash to the end of the year.
It’s funny how quickly things change in the business world. Last year at this time I felt discouraged, unmotivated, and was ready for the year to be over. This year, things are popping and we’ve accomplished most of the goals I set for the business.
We also changed gears and began offering some products I hadn’t even thought about offering before. I think this is perhaps the greatest strength of a small business. It has the ability to move quickly – there isn’t endless committee meetings to figure out how to change. Change in a small business is often accomplished by a few people sitting around a table, figuring out what it will take to get the job done and doing it.
Of course things don’t always work out the way you planned, and sometimes you wind up reversing direction. Or, as I found this year, heading in one new direction opens up all kinds of other opportunities and ideas.
Perhaps the most significant thing for my business was the creation of the Trust Sandwich with Diane. It involved me learning a huge lesson on leverage – in this case, how to properly leverage the knowledge of other people to provide a service in a thorough and cost-efficient manner. But from there, other doors opened. First, we figured out how to add in a Nevada Series LLC to super-size the Trust Sandwich’s effectiveness. Working with the Series LLC gave us some new ideas on how it can be used in other business ventures; ones that may not involve real estate. Then the Trust Sandwich led to still another business opportunity – a market niche that we feel is completely under-served. And, finally, all this new work meant creating real systems to manage the business (something that was sorely needed).
At the beginning of the year I couldn’t have predicted that any of this would happen. Now I’m wondering if there are going to be enough hours in the day to get everything done. Considering the chaotic economy around us, I can think of far worse problems to have. For that, I’m very grateful.
Update: Thought all you seminar attendees from last weekend might enjoy this!