Discipline makes Daring possible.

Moving on

Moving on

If you want maximise your chances of selling your house, you have to de-clutter and tidy it up.  Obviously.  It pays to make sure it’s in good repair too.

But in order to make it as attractive as possible to as wide a range of buyers as possible, you may well have to re-decorate and re-style it too.

To show off its potential.

To take the ‘you-ness’ out of it.

To make it look like you’ve already left.

 

The advice for selling a business is similar.   De-clutter, tidy-up, make sure it’s profitable, show it has growth potential, take you out of it.  Make it look like you’ve already left.  Go corporate.

But what if it’s you that makes your business amazing?   What if that’s what keeps your clientele coming back?  What if that’s what drives the recurring revenue?

My advice?

By all means take you out of the business, but keep the ‘you-ness’ in.

Go further, embed your ‘you-ness’ into the business so firmly that only like-minded people would want to buy it.  They’d love it so much they’d pay extra for the ‘you-ness’, because for them it’s also ‘me-ness’.

Become a Disappearing Boss.  Build the ‘you-ness’ (actually the ‘we-ness’) into the fabric of the business, into the way it works, so that it can never ‘go corporate’.  Not even as it grows.

Go even further, don’t sell at all.  Let it instead.  To people who love it the way it is and can see how to take that unique potential forward as your legacy and theirs.  Who will want to keep it in good condition, and even replicate its success in other locations.

By then, you’ll have those people in your business already.  They will have helped you build it.

 

Discipline makes Daring possible

Ask me how.

Letting go of the tiger

Letting go of the tiger

During that tiger-riding phase of growing your business, when you’re growing fast, when new opportunities are coming at you thick and fast, and it feels right to take as many of them as you can; it can feel like everything is out of control.  It can feel like nothing is working as it should, so you have to be everywhere, supervising everything, checking everything, or the tiger will run away with you.

You might think that this would be the worst time to start writing down your Customer Experience Score.

You’d be wrong.

Because, by giving yourself space to get your music out of your head, you also give yourself space to think about how ‘doing things right’ can be made easier to achieve.  Sometimes ridiculously so, with a ridiculously simple change, such as creating a Prop for others to use that literally helps them see through your eyes.

Because, as you write down what till now has only been playing inside your head, you see how the part you wrote for the violins is very close to what the violas will need, and the oboes, and with a few more tweaks, the clarinets.  Suddenly, the job of getting it all down is much smaller than you thought.

And because, as you write the first few parts, and see how easy it is to get your Orchestra to play them beautifully, even when you’re not in the room, you realise that the next part you write is likely to work just as well, and the one after that, and the one after that.   Suddenly, the job of getting it all down is far less urgent than you thought.

And so you realise that you can loosen your hold.  That the tiger isn’t going to run away with you.  That you can spend time building her a generous and beuatiful reserve in which she can flourish.

You’ll never be done of course, but now you know how easy it is, you can enlist your team to help you.

And once they know as much as you do about how your business should work to make and keep its promises to customers, you can step back and enjoy watching your tiger become a streak.

 

Discipline makes Daring possible.

It also makes it easier.

Ask me how.

 

 

 

A tool for thinking

A tool for thinking

Writing your Customer Experience Score makes you think:

About how you really want your business to work.  How it can best make and keep its Promise to clients.

About why you started it in the first place.  What it is here to do.  How it will help you leave your mark.

As you write, you use your Score to communicate your thinking to your team.

 

Also to help them think:

About how they really want to work.  How they can best make and keep their Promise to themselves.

Why they joined your business in the first place, what it is here to do.  How it will help them leave their mark.

How they can help you make your business work even better at making and keeping its Promise to clients.

 

Before long, it isn’t your business.

 

It’s our business, designed by you, refined by us.

 

You’re one Boss among many.

 

So when it’s time for you to leave.

It will be safe in our hands.

 

Discipline makes Daring possible.

Why create a Customer Experience Score?

Why create a Customer Experience Score?

Why write down your Customer Experience Score?  I can think of at least 6 reasons:

  • Memory.
    • Without a Customer Experience Score, some of the knowledge of “what we do here” and as importantly, “how we do things round here” and “why we do what we do” gets lost every time one of your ‘good people’ leaves.  This knowledge also gets changed as new people join and bring their previous experience with them.
    • This can be overcome by a founder that spends time and energy ‘policing’ the culture (think Steve Jobs), but one day even the founder will disappear.
    • A Customer Experience Score gives your business a memory of its own, outside the heads of the people in it – including you.
    • That memory needn’t be prescriptive. The most detailed score still leaves room for interpretation, and you can make it more improv if that’s your style, but the main thing is that if the business always remembers the “what”, “how” and “why”, your people don’t need to make it up as they go along.
  • Detachment.
    • As Japanese businesses know well, what I call a Customer Experience Score embodies the ‘thing’ a group of people are working on – whether that’s a play, a car, a building or a service.
    • This allows a certain level of separation between ‘what I am trying to achieve‘ and ‘who I am‘, which makes it much easier for everyone involved to discuss and agree improvements, because it’s ‘the thing’ that’s being judged, not ‘me’.   Free from the fear of personal criticism, your good people can eagerly look for ways to make things better.
  • Confidence.
    • Having a Customer Experience Score to follow while they learn, gives people confidence that they are doing the right thing.
    • Once people are confident that they know what they are doing, they don’t wait to be made accountable – they take responsibility.  With the confidence of a process behind them, your good people can pretty much manage themselves.
  • Emotion.
    • Most modern businesses, large and small, involve interactions of some kind – with other employees, customers, and suppliers.
    • These interactions require emotional labour – listening; empathising, being present to the other person as well as intellectual labour – pattern-matching, imagining potential scenarios, reviewing possible solutions etc..
    • Without a Customer Experience Score these interactions become harder than they need to be, because every interaction is treated as unique, where in fact they fall into common patterns, with unique features.
    • Your Customer Experience Score captures what has to happen in the common patterns, giving your people a framework to work from that doesn’t need much thinking about.
    • A Score frees up intellectual and emotional energy to be spent on the unique and personal aspects of regular interactions, and on the exceptions that either prove the rule, or highlight the start of a new pattern.  With their heads cleared of the routine, your good people can use their hearts to do more than keep your promises – they can confidently exceed them.
  • Automation.
    • The hardest part of automating any process or function is specifying exactly what it is you’re trying to do.  This is so hard that most people skip this step, trusting the software to do this job for them.  The trouble is, off the shelf software is by necessity, targeted at a mass market, while you have your own unique way of making and keeping promises.  This means either conforming to the way everyone else does things, or worse, automating the details, without understanding the process as a whole.  With a Customer Experience Score, you can use automation (even off the shelf) to strengthen your uniqueness, not dilute it.
  • Longevity.
    • Not even I would say that a Customer Experience Score can be designed to deal with every possible scenario, exception or eventuality, and without good people a Score-based business gradually fossilises and becomes irrelevant, or worse, gets completely out of step with its environment.
    • Good people can handle exceptions appropriately when they occur. They can also identify when those exceptions are due to environmental changes that need to be dealt with by adjusting the Score.
    • Good people spark off constraints (such as a process), they ad-lib, improvise, invent workarounds, dream up ridiculous scenarios that open up new opportunities.  With a solid framework to play in, good people bring a business to life – they make it human.  A Customer Experience Score enables people to keep your business alive and human for generations to come.

Discipline makes Daring possible.

Ask me how.

Adjusting the system 3 – refining the Score

Adjusting the system 3 – refining the Score

Once you’ve assessed the potential consequences of what you’re seeing in feedback, and decided what to do about it, you can start acting to adapt your system.

You may find that you need to refine an existing part of your Score.

This could mean simplifying an Activity by removing unnecessary steps.  Or spelling out what has to happen in more detail.  You might remove an Activity, or add a new one, or several.

Whatever the change, there are bound to be knock-on effects.  Perhaps you need to review Props for this part of your Score.  You might need to create a new Role.  You’ll certainly need to let your people learn and practice the new Score before you perform it for real.

This may seem like a lot of unecessary work, especially for minor adjustments.  It will be tempting to just change practices without bothering to change the Score first.

Resist that tempation.

Following through the impact of even minor changes on your Score, before implementing them in real life allows you to try different ideas and scenarios ‘on paper’, when getting it wrong and reversing back to your starting point is easiest and cheapest.

It means you get to see the full impact before you start changing anything.

It means you can share this task with everyone on the team, to get multiple perspectives and arrive at better solutions more quickly.

It also means that your Score always reflects the reality of how your business works, which keeps it useful, and even more importantly, preserves the value of your business until you’re ready to exit.

Discipline makes Daring possible.

Getting ahead

Getting ahead

Of course, if you embed your unique promise of value into the way your business works well before you decide to exit, you get all the benefits of exit, without actually having to do it.

You can even continue to grow your business at the same time.

Applied at the right time, Discipline really does make Daring possible.

Ask me how.

Sellers beware

Sellers beware

When my mother sold her architect-designed corner-plot bungalow, the buyers told her they were aiming to set up their son in it.  They quibbled over everything, nibbled away at the asking price until in the end, she sold for much less than she’d hoped.

Then they knocked it down and built 3 new executive homes on the plot.

There are many reasons why a trade buyer would want your business.

If you care about what happens to it, to your staff and to your clients after you’ve exited, it’s worth knowing what those reasons could be, because buyers are not necessarily going to tell you:

  • They want your client list, but not your staff, offices or name.
  • They want your brand, but not the effort that goes into maintaining it.
  • They want your market share, to add to theirs, so they look good to potential investors or buyers, but not your staff, or your products and services.
  • They want to take you out as a competitor.
  • They want your business as part of a portfolio.
  • They want to run it themselves as a going concern.

Whatever the reason, they’ll usually want you to stay on as a consultant, and the final price will be dependent on performance during the transition.  And all too often that transition destroys value, while you have to watch it happen.

Just as it’s easier to protect the value of your house by making sure it’s in tip-top condition with everything working like clockwork, it’s easier to protect your business’s value if you’ve systemised it.  Even easier if you’ve also documented that system in a Customer Experience Score.

Doing so also opens up other exit opportunities:

  • Pass it on to family, who already know it runs profitably without you.
  • Sell it to your employees, who already know how to run it profitably without you.
  • Sell it to one or more of your fans, who already know that your team can run it profitably without you.
  • Sell it to a like-minded entrepreneur, who wants to see your legacy carry on.
  • License it to any one of the above, on condition that is run the way you’ve designed it to run, in return for a percentage of the profits.

Build your unique promise of value into the way your business works before you sell, that way you’ll get to realise it all and leave a legacy other will recognise as yours.

Discipline makes Daring possible.

Ask me how.

Anarchy

Anarchy

Not many people know this.

I’m an anarchist.

I believe in autonomy and self-determination.   I don’t believe that anyone has the right to tell anyone else what to do – except in rare cases where doing so might save a person’s life.

I also believe in collaboration and co-operation – the getting together of autonomous individuals to achieve something much bigger than themselves.

To co-operate successfully, participants need to know what they have to do.   They need to know when it has to be done.   But that knowledge doesn’t have to come from someone telling them as they go.   It can come from a shared ‘document’ everyone can access, whenever they need to.

That’s why I like the idea of a business as an orchestra.

Often, when people think of an orchestra, they focus on the conductor.   But the conductor isn’t there to tell players what to do, they’re there to help them keep time, and to provide hints to aid this particular interpretation.   It’s up to each player to choose how to get the right sound out of their instrument at the right time.  What has to happen, when, is recorded by the composer in a score.

The conductor is a role, like a cellist or percussionist, not a position in a hierarchy.   In fact it’s perfectly possible to run a succesful orchestra without a conductor – you simply get people to take turns.

What really pulls an orchestra together is the score – a map of the sound experience to be created for an audience.

The person behind the score is the composer.  They’re the one whose legacy lasts longest, and scales furthest.

So if you’re an employer, and like me, you have a problem with being told what to do, consider rethinking your role.

How could you make yourself a conductor rather than a boss?

Or even better, how could you make yourself a composer?

 

Hint: talk to me about becoming a Disappearing Boss.

What makes me angry

What makes me angry

On the whole, I’m a pretty laid-back person.

But you know what really makes me angry?

Seeing amazing micro businesses die when their owner disappears.  Whether that’s because they’ve sold up, gone off to do something else, or simply wound down and died.

All that innovation, all that care, all that value, wiped out.  Wasted.

Unnecessarily.

It makes me really angry.  And I’m on a mission to do something about it.

Because all it takes to avoid that waste is a decision to ‘disappear’ from your business earlier, on purpose, replacing yourself with a flexible, supportive framework that enables others to be ‘a boss’ instead of you.

The irony is that by doing this in plenty of time, you’ll start to enjoy running your business again.   You might even want to grow it.  But you won’t have to be there.

Help me on my mission.

If you know an amazing micro-business that deserves to last longer than it’s owner, tell me about them, put them in touch.

We need these amazing businesses to be around for longer.

They’re what makes our commercial life worth living.

An offer

An offer

If you know someone who’s ready to start disappearing from their business, please share.

I’m running a Define Promise workshop series starting on October 5th.

It’s an 8-week course with weekly homework and live tutorials, as part of a cohort of 6 maximum.

Just time to get your Promise of Value nailed before everything shuts down for Christmas, ready to pick up with Package Promise in January.

Check it out here:

Prefer a one-to-one experience?

Let’s talk.

Thank you!

Kirsten