What IS a Business—Really?

Here’s a simple definition from Donald Miller to help you understand what a business really is:

A business is a for-profit entity that solves problems for paying customers.

Let’s break this down:

For-Profit Entity

Without profit, a business can’t survive. Yet we’ve tied some evil stigma to the idea of a business making a profit. If they don’t make a profit, they can’t do the thing for which they are created. And what’s that?

They Solve Problems

THIS is the purpose of a business: to solve problems for people. And is that really such a bad thing? Wouldn’t you be happy to pay someone to solve one (or several) of your problems? Of course you would.

Now, there are numerous businesses out there that don’t solve problems for their customers, yet they still make a profit. Those exist only to get as much money from people as possible without providing any real value. That’s theft, and it’s both unethical and immoral.

The good news is those businesses tend not to last very long. How often did you do business with a company that gave you no return on your investment?

PAYING Customers

Paying customers… This is the hard part for a lot of us. We’d all love to be non-profits, helping as many people we can without them paying us a dime. But you can’t fill someone else’s cup if yours is empty.

Customers need to pay for what you’re offering them. Here’s why:

  • It lets you help more people because you have money to grow.
  • It incentivizes the customer to use what they paid for.

That last point is important. When someone pays for something, they are more likely to follow through with it. Whether you offer education, a service, or sell a product, the thinking goes, “I paid for this, so I might as well get my money’s worth.”

This simple definition of business has a lot of meat in it. It definitely helped me overcome my own issues with making money, because in the end we’re helping people.

We’re just doing it in a way that lets us keep the lights on. And lets us grow so we can help even more people.

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Conflict Is Inevitable. How Do You Handle It?

“If you avoid conflict you will not achieve success.”

Donald Miller, Business Made Simple, p. 17

I have to admit: conflict scares me.

This is how I imagine it’ll end in all situations:

Photo by yang miao on Unsplash

I avoided conflict like the plague (or COVID-19 😩) most of my life. As a child and a young adult. And every time I did, I missed out on something.

A chance to connect with someone on a deeper level.

A chance to fix a situation in desperate need of repair.

A chance to understand someone else’s point of view.

But every time I embraced the inevitability of conflict and put on my brave face, I made a difference.

Conflict is going to happen if you’re making progress towards something great.

Will you run from it? Or will you tackle it head-on with empathy and understanding?

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Is This Book Better Than an MBA?

Colleges don’t teach you how to succeed in the business world. Business schools teach theory, case studies, and lots of accounting and finance. But what they don’t teach you is how to run a profitable, cash-positive business. 

Sadly, they don’t even teach you how to work in a business. At least not in a way that makes money for your employer.

That’s a problem. Why? Because that’s what business owners, managers, and leaders want: value-driven professionals who generate cash.

Here’s the Solution

Donald Miller has done it. He’s created a book and podcast that teach you exactly what you need to know to run a profitable business. If you haven’t yet checked out Business Made Simple, do it today!

Buy the book. For just $20 bucks, you can get a better business education in 60 days than you would spending $50,000 on an MBA. And listen to the podcast—it’s absolutely free!

Learn practical skills you need to succeed like:

  • How to write a mission statement that drives and inspires you and your team.
  • How to create a clear message that drives customers to your products and services.
  • Sales processes that actually work.
  • Execution strategies that grow your business exponentially.

What If You’re Not A Business Owner?

Maybe you’re not an entrepreneur. Maybe you just want to have a successful career as a team member or employee. That’s okay!

Business Made Simple is for anyone who’s job it is to generate cash for a business. And guess what? That’s you! Whether you’re a salesperson, marketer, customer service agent, or a janitor, this book will help you succeed at work. 

If you’re looking to stand out in your job search, get promoted, or just contribute more in your work, you need check this stuff out. Get a business education that actually pays off.

Get a copy today!

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Your Job Is Making Money for Other People…Not Yourself

What I learned from Donald Miller this morning:

(I’m paraphrasing) The goal of any business professional is not to make a lot of money… The goal is to make a lot of money FOR OTHER PEOPLE!

How true this is for all of us in the business arena. It doesn’t matter if you’re an employee, a small business owner, or a serial entrepreneur.

Your job is to help other people make money. That’s the only reason you get paid.

As a copywriter and marketer, my sole purpose is to help my clients make more money from their products and services. It’s how the only way to measure how successful I am in my role.

Shift the focus away from yourself. Think about your employer, your customer, or your client. 

What are you doing to make them more money?

P.S. Donald Miller’s new book, Business Made Simple, launched today. If you’re ready to level up in your career or business, and become a value driven professional, grab a copy today. 

It might be the most valuable $20 you spend this year…

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