What happens when success is the only option

By Michelle LaBrosse, CCPM, PMP®, PMI-ACP, Chief Cheetah and Founder of Cheetah Learning

When you run a small business, as small as even just yourself, does failure ever really occur? I’ve been running a small business in one form or another for almost 30 years now. Yes, I’ve stopped offering some services and stopped making some products, and at one point in time, I did take a job with a paycheck – but even then I still had a small business going on the side. I realised after almost a decade of being in business that failure was just a perspective, especially in a world where everything changes.

Most ideas go through thousands if not millions of iterations. If we are to view each tweak to a new product or service idea as a “failure,” then everyone who has ever created anything new is far more of a failure than a success. The whole idea of failure is not relevant to the seasoned small business owner and entrepreneur. The question then becomes not, “how will I succeed?,” but, “how efficient can I become in creating something someone else wants to purchase?”

What I’ve discovered over the years is that it’s my abilities in Project Management that help me create efficiencies in every situation. Whether it’s dismantling something that is no longer serving us to make room for what’s new, launching that sparkly new initiative, or refining the processes of that old workhorse product everyone still loves after 20 years, all of these require projects. My life as a small business owner became much more enjoyable when I started to see it more like the life of a Project Manager with everything in the perpetual motion of a project.

I started to notice the more disciplined I am with setting up projects using my very simple project planning template, the more smoothly things go. I’m able to more easily delegate work with our small staff who wear many hats. We are all very well-versed now in using a simple the three page project plan to organise our work. This helps us all understand both the big picture and the small details of what we need to do. It eliminates any of us duplicating effort or doing things that are not aligned with our project goal. Plus, by doing a simple project plan organisational effort repeatedly, we all now have better instincts on what is required on projects before they even make it to the final cut of something we actually want to pursue. The portfolio of projects we pursue is better balanced, reducing our costs while improving our revenues from new initiatives. It has just overall made great business sense for me as the boss to become a much better project manager.

What else helps tremendously about being a small business owner and Project Manager is that I’m a certified Project Management Professional (PMP®). I got this designation because, well, first of all, I wrote a book on Project Management (mostly to record my techniques for myself so I’d remember to use them in my businesses). But I also wanted to publish my book, and I knew that in order to publish a book as a Project Manager, I’d need those letters, “PMP,” after my name to be taken seriously. What I did not know at the time was the club I would be entering. Now, there are 600,000 people worldwide who are PMPs and many of them work in large organizations. I am able to sit at the table with them as a small business owner and speak the same language they do about doing projects. I gained almost instant credibility with some very large prospective clients when I earned the right to put those three initials after my name.

I’ve realised after 30 years of being in small business that the question isn’t if my small business is going to succeed – it’s how is it going to succeed. And I’ve found time and time again, it succeeds in the most enjoyable ways when I do the basics of Project Management really well. Master Project Management, become a certified Project Management Professional (PMP®), and make success your only option.

The post What happens when success is the only option appeared first on UK Construction Online.