Build a better future for your business and for you

The UK economy seems to be in a period of very slow growth or possibly even stagnation. At the same time, the Government is repeatedly reminding us that smaller businesses will be the engines of growth and job creation in the recovery.

Fortunately for the government, and indeed for every one of us in this country, we have many thousands of heroic owner managers, who through their inventiveness and their vision, their strength and their courage, their gritty determination and their fierce resolve, build great businesses, create jobs which provide incomes for families, contribute hugely to their local communities and, ultimately, drive the whole UK economy. At Your Business Your Future, we're passionate about helping ambitious owner managers do precisely that.

And that’s why we’ve put together a one day event on The Seven Pillars of a Better Business in partnership with Cass Business School and Fresh Business Thinking. At Your Business Your Future, we’ve helped over 600 of the UK’s most successful business owners grow their businesses and create the future they want for their businesses and for themselves. From this, we’ve identified seven characteristics which seem to distinguish those businesses which consistently perform better than the average. We call them The Seven Pillars of a Better Business and they are:

  1. It’s up to you! Your business looks and feels the way it does today, and has the opportunities and challenges it has today, because it’s yours. So, if you want a better business, become a better leader.
  2. Know what you want. Ensuring that your business enables you to achieve what you want personally creates clarity, focus and energy.
  3. Become a strategist. Working on your business, rather than in it all the time, is key to releasing its full potential.
  4. Know where you’re going. If you have an inspiring vision of the future you want, and a plan of how to get there, you’re much more likely to achieve it.
  5. Stick to the knitting, and stand out from the crowd. Remarkably, 88% of high growth businesses succeed by selling more of their existing products/services to their existing customers, and others just like them.
  6. Master the (right) numbers. What gets measured, gets done. So, knowing your numbers and defining your key measures is vital to success.
  7. Build a better team. It’s what your people do that defines what your business actually becomes. So, if you want a better business, build a better team.

If you can build more of these pillars, then it’s more likely that you will successfully build a better business. And, the rewards are great - more profit, a stronger business which is easier to manage, more personal fulfilment, and more fun!

Intriguingly, the Seven Pillars are easy to understand – indeed, some might argue that they’re “common sense”. At the same time, many of them are difficult to build because they challenge the owner manager themselves to change and develop. Many owner managers recognise that they need some help to achieve this change. It’s our passion and privilege to do that.

Gerard Burke is the founder and MD of Your Business Your Future, the UK’s leading provider of development programmes for ambitious owner managers. He will be leading Fresh Business Thinking LIVE! at Cass Business School. Book now at www.freshbusinessevents.com

Start your day with The Independent, sign up for daily news emails
Sport
sportSo, how closely were you paying attention during 2014?
Arts and Entertainment
Dennis speaks to his French teacher
tvThe Boy in the Dress, TV review
News
One father who couldn't get One Direction tickets for his daughters phoned in a fake bomb threat and served eight months in a federal prison
people... (and one very unlucky giraffe)
Arts and Entertainment
Joel Edgerton, John Turturro and Christian Bale in Exodus: Gods and Kings
film
PROMOTED VIDEO
ebooks
ebooksA year of political gossip, levity and intrigue from the sharpest pen in Westminster
News
i100
Arts and Entertainment
The Plaza Theatre in Atlanta, Georgia was one of the 300 US cinemas screening
filmTim Walker settles down to watch the controversial gross-out satire
Arts and Entertainment
Amy Adams and Christoph Waltz in Tim Burton's Big Eyes
film reviewThis is Tim Burton’s most intimate and subtle film for a decade
Life and Style
Mark's crab tarts are just the right size
food + drinkMark Hix cooks up some snacks that pack a punch
Arts and Entertainment
Jack O'Connell stars as Louis Zamperini in Angelina Jolie's Unbroken
film review... even if Jack O'Connell is excellent
Latest stories from i100
Have you tried new the Independent Digital Edition apps?
Independent Dating
and  

By clicking 'Search' you
are agreeing to our
Terms of Use.

iJobs Job Widget
iJobs Money & Business

Selby Jennings: VP/SVP Credit Quant- NY- Investment Bank

Not specified: Selby Jennings: VP/SVP Credit Quant Top tier investment bank i...

Selby Jennings: Quantitative Research | Equity | New York

Not specified: Selby Jennings: Quantitative Research | Global Equity | New Yor...

Selby Jennings: SVP Model Validation

Not specified: Selby Jennings: SVP Model Validation This top tiered investment...

Selby Jennings: Oil Operations

Highly Competitive: Selby Jennings: Our client, a leading European Oil trading...

Day In a Page

Aren’t you glad you didn’t say that? The worst wince-and-look-away quotes of the year

Aren’t you glad you didn’t say that?

The worst wince-and-look-away quotes of the year
Hollande's vanity project is on a high-speed track to the middle of nowhere

Vanity project on a high-speed track to nowhere

France’s TGV network has become mired in controversy
Sports Quiz of the Year

Sports Quiz of the Year

So, how closely were you paying attention during 2014?
Alexander Armstrong on insulting Mary Berry, his love of 'Bargain Hunt', and life as a llama farmer

Alexander Armstrong on insulting Mary Berry and his love of 'Bargain Hunt'

From Armstrong and Miller to Pointless
Sanchez helps Gunners hold on after Giroud's moment of madness

Sanchez helps Gunners hold on

Olivier Giroud's moment of madness nearly costs them
A Christmas without hope: Fears grow in Gaza that the conflict with Israel will soon reignite

Christmas without hope

Gaza fears grow that conflict with Israel will soon reignite
After 150 years, you can finally visit the grisliest museum in the country

The 'Black Museum'

After 150 years, you can finally visit Britain's grisliest museum
No ho-ho-hos with Nick Frost's badass Santa

No ho-ho-hos with Nick Frost's badass Santa

Doctor Who Christmas Special TV review
Chilly Christmas: Swimmers take festive dip for charity

Chilly Christmas

Swimmers dive into freezing British waters for charity
Veterans' hostel 'overwhelmed by kindness' for festive dinner

Homeless Veterans appeal

In 2010, Sgt Gary Jamieson stepped on an IED in Afghanistan and lost his legs and an arm. He reveals what, and who, helped him to make a remarkable recovery
Isis in Iraq: Yazidi girls killing themselves to escape rape and imprisonment by militants

'Jilan killed herself in the bathroom. She cut her wrists and hanged herself'

Yazidi girls killing themselves to escape rape and imprisonment
Ed Balls interview: 'If I think about the deficit when I'm playing the piano, it all goes wrong'

Ed Balls interview

'If I think about the deficit when I'm playing the piano, it all goes wrong'
He's behind you, dude!

US stars in UK panto

From David Hasselhoff to Jerry Hall
Grace Dent's Christmas Quiz: What are you – a festive curmudgeon or top of the tree?

Grace Dent's Christmas Quiz

What are you – a festive curmudgeon or top of the tree?
Nasa planning to build cloud cities in airships above Venus

Nasa planning to build cloud cities in airships above Venus

Planet’s surface is inhospitable to humans but 30 miles above it is almost perfect