Compass: Your Roadmap to Business Reinvention

When transforming your business model, lots of roadblocks spring up along the journey. One that nearly always happens is the business identity crisis: Who am I and What is This Business?

It feels as if you’re starting out all over again with really basic questions. Shoot! Again? Didn’t you do this at the very beginning of your business?

Sometimes it feels like you’re sliding backwards toward square one. Don’t worry, you’re not.

I know it’s frustrating. Truly – it’s necessary, too. Here’s a great opportunity during your business reinvention process to pause and re-examine the Big Questions:

1. What do you want from your business: emotionally, financially, intellectually?
2. What personal values does your business reflect? And if your values have changed, what has to change in your new business model to reflect those new values?
3. What brand does your business currently have and do you need to re-brand it?
4. If you re-brand it, what image/message do you now want to project for your new biz model?
5. And the biggest question of all: WHY am I in this business?

Business reinvention is not just about making decisions and implementing plans. It’s about asking questions and getting clarity.