Become a Great Small Business Owner. What do your customers believe they buy from your business?



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1 Your business: What does your business do? What do your customers believe they buy from your business? N e w P e r s p e c t i v e s 2 0 1 4 P a g e 1 o f 10

2 Your Personal Values From the following Values list, place a tick next to the Values that are of greatest importance to you personally, that you are most passionate about, that are what you stand for. Then rate your top 5 values from 1 to 5, in order of importance. VALUES Knowledge/ Learning Leadership Power Financial security / Money Material possessions Competitiveness/ Ambition Professionalism Achievement / Accomplishment Enjoyable work Team work Recognition / Reward/ Respect Commitment Freedom/ Choice Personal development/ Growth Challenge / Adventure / Excitement Passion/ Creativity/ Art Sensuality Femininity/ Masculinity Emotional closeness to others/ Empathy/ Kindness Community Making a difference Integrity / Honesty / Authenticity Winning Helping others Friendships / Social life Family/ children Fun / Laughter/ Humour Abundance Style Beauty/ Aesthetics Nature / environment/ Climate Social justice/ Equality/ Feminism/ Democracy Health / Fitness Spirituality Diversity/ Tolerance Inner Peace/ Stillness/ Inner Harmony Spirituality Courage Patriotism/ Nationalism Safety Sunlight/ outdoor environment Home Other: RATING N e w P e r s p e c t i v e s 2 0 1 4 P a g e 2 o f 10

3 Expression of your Values in your Business List the areas / functions / products / services / operations of your business that are in alignment with your top 5 personal values. List the areas / functions / products / services / operations of your business that are not as well aligned with your top personal values. N e w P e r s p e c t i v e s 2 0 1 4 P a g e 3 o f 10

4 The Passion; What gets you out of bed in the morning? Notes, what gets me out of bed, why am I doing this? N e w P e r s p e c t i v e s 2 0 1 4 P a g e 4 o f 10

5 Beliefs; What belief(es) do you hold about your industry? For example: I believe that in my industry, practitioners are undervalued, or, I believe that in my industry practitioners do not take safety issues seriously enough N e w P e r s p e c t i v e s 2 0 1 4 P a g e 5 o f 10

6 Customers Describe your ideal and perfect customer, in as much detail as you can N e w P e r s p e c t i v e s 2 0 1 4 P a g e 6 o f 10

7 Customer s needs What Pain or Need of your customers do you address that is not addressed equally well by others? N e w P e r s p e c t i v e s 2 0 1 4 P a g e 7 o f 10

8 Your Corporate Values: List the 3-5 values that determine the Purpose and Mission of your Business: 1. - 2. - 3. - 4. - 5. - 9 Your Corporate Belief Statement: The following is a statement about the basic belief or believes your business stands for, obviously the corporate values would be reflected in the Statement, replace the sample statement and replace with a statement that suits you and your business. N e w P e r s p e c t i v e s 2 0 1 4 P a g e 8 o f 10

10 The Purpose of your Business The Why.. A Purpose May never be achieved, only be strived for; Bigger than Ben Hur Is inspiring Not measurable Bigger than life Has a direct connection with your passion and corporate values A Goal Time frame Specific Measurable Achievable My Business Purpose: N e w P e r s p e c t i v e s 2 0 1 4 P a g e 9 o f 10

Sample Purpose statements: Supermarket: The Best Small Supermarket in Sydney Architects: Architecture that Inspires Graphic Design: Because there is no Excuse for Bad Design Presentation Studio: Presentations are story telling New Perspectives: I help small business feel Great about themselves and their business. Butchery: Sharing our Passion for Fine Meat Sales training company: To be the world s most Authentic sales and Management Training Company Electrician: You are in Safe Hands Importer: To make Italian Beauty available for Everyone Retail Fitout: More Bang, Less Buck N e w P e r s p e c t i v e s 2 0 1 4 P a g e 10 o f 10