Coincidental and Purposeful Business Ownership
Coincidental and purposeful business ownership is the typical way small businesses start or continue.
From that viewpoint, inheriting a family business, because of birthright, is mostly coincidental.
Also, acquiring a business is coincidental, when an owner has no relative to whom he/she would pass it on. In that case, they may choose someone inside their business to take it over. As such, that someone, being at the right place at the right time, is totally coincidental.
Many times, “purposeful ownership” is by those having business experience as managers, salespeople, or technicians. These have decided to try their hand at starting a business; believing, if their current boss can do, they can do it!
Entrepreneurs will also purposefully start up a business, because they envision an opportunity. They see an untapped market, or a problem they believe a new business would solve.
Typically, many entrepreneurs have LITTLE to NO experience in business ownership; but an enormous amount of “purposeful decision-making courage.”
Corralling Chaos | the Struggle of all Businesses
Whether business ownership is “coincidental” or “purposeful,” they ALL struggle with DISORDER. In other words, they all fight daily with non-conforming events such as mistakes and employee miscommunication.
What separates them is, the “purposeful” business owner sees disorder and does whatever it takes to FIX IT permanently!
Many new “coincidental” business owners ACCEPT chaos as “normal.” They likely became accustomed to disorder in their workplace, due to years spent as an employee, or being part of a family business.
We’re happy to report, many owners are well down the road on their march to ZERO errors and miscommunications. These decisive owners have implemented purposeful, continual improvement in every area of their business
Fact is, whether a “coincidental” or a “purposeful” business owner, the list of systematic control tools below will help ensure success and growth.
However, the implementation of such control tools must be PURPOSEFUL!
Control Tools for Removing Operational Messes
- Quality Assurance Systems for all key processes
- Daily Routine Checklists for all key employees
- Human Resource Systems
- BPM (Business Process Management)
- MIS (Management Information Systems)
- CAPA (Corrective Action – Preventive Action)
- Document Control Systems
- Job and Service Control Systems
- Equipment Repair Systems
To be certain, these tools are a business owner’s key to obtaining freedom from disorder, and freedom to do things they’ve always dreamed of, but never had the time.
Did I mention? Great system work for decisive business owners!
Philip Beyer, founder/president of Ebiz Products LLC and founder of Beyer Printing Inc. in Nashville Tenn., is a chronic entrepreneur, business systems analyst and consultant. Author of "System Busters: How to Stop Them in Your Business" and recipient of an InterTech Technology Award for the design and development of System100 business process management software. Beyer speaks to business owners across the country on how to bring lean, sustainable order to their businesses. Contact him at (615) 425-2652.