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  • Writer's pictureSusan & Renée

How Do You Measure Business Success?

Updated: Sep 8, 2023

Even though we are approaching the end of the first quarter, it’s never too late to take a fresh look at the goals you want to set for your business.

While we are all about the value of living in the present moment, some future oriented thinking is also necessary to have fulfillment in both your personal and business life.

While we can assume that one of your goals is to be successful in your business, what “success” actually means varies across industries, personalities, and where you are in your career.

Businesses who are just starting out may measure success by being able to bring in enough money to cover expenses, getting more customers, or developing smooth running systems.

Businesses who are in the mid-stage of their development may measure success by not just having more customers but by having very satisfied customers, happy and dedicated employees, enough money to pay employee bonuses, or clearing a certain number in profits.

For businesses who have been around for a while, success may look like leaders who focus their time on strategy and long-term planning, a vacation that was truly a vacation (without needing to deal with crises at the office), preparing the company to be saleable in the future, or securing a robust legacy for your successors.

Other leaders might define success as their dream car in their garage, raises to employees, work and family balance, or being able to help others who are less fortunate.

We encourage you to spend some time reflecting on what success means for you in your business right now. And then identify 3 specific actions you can take that will move you in that direction.

And if you need some help making your vision of success a reality, let G2 Solutions help. Contact us for a free consultation.

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