- Danish Wadhwa
3 P's of Business
As an entrepreneur, you often get caught up in the day-to-day responsibilities of your role.
For instance, a key team member may not be available for work for a few days, a customer might ask about delayed delivery, or you might get a proposal for a potentially big deal.
However, how often do we get the time to check up on the 3 Ps of business?
Well, if you want your business to truly succeed, you certainly need to focus on three key variables: people, process, and product.
These three Ps provide the highest return for your efforts since they are the cornerstone for everything your business does.
So, try to take a few moments each day to step back from all the activity and see how well you are doing on the 3 Ps of business.
Are your people, processes, and products in alignment, or do you need to make some improvements?
Paying attention to these 3 Ps can surely keep you moving toward that all-important fourth P – Profit!
Remember, profit/prize/money; are all the end products of these 3Ps.
Focus on these, and rest everything will fall into place!