It's Tool Time

Don't overlook the things you use in your business every single day

You have more assets than you realize.

When you think of your business assets, what comes to mind?

Typically you’ll think of vehicles, your brand, reputation, inventory, FF&E (furniture fixtures and equipment, in banker speak), maybe even your team.

But what about the tools you can’t touch, feel, or smell?

If you have a tool or a system that you have created to help your business succeed, then you can probably sell that to other businesses.

Think about where you were 5 years ago (or even just last year). What challenges were you facing? What did you not know? Where were your blind spots?

It is likely that every single business like yours is facing the same challenges that you have already solved.

Here are some common tools that are sold every day:

  • Project management system

  • Automations

  • The perfect sales script

  • Pricing spreadsheets

  • Proposal templates

Turn the tools that you have tested and fine-tuned into a new branch of your business.

Onward and upward,
Simon Trask

(I’m a small business owner, advisor, and advocate – learn more here)

This is from Trail 9 of Profit Hiker: 11 Trails to gain lasting elevation in your business. Find the book right here and the program over there.