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What exactly is the formula?
In plain and simple language it means
that it is not ‘what’ you do in business, or what
type of business you do, but ‘how’ you conduct your
business that determines the scope of your success.
In the Formula ABC→D the letters mean the
following:
A – stand for Atmosphere
B – stands for Benefits
C – stands for Commitment
D – stands for Delivery
Atmosphere means that we attract clients through
creating the right atmosphere.
Benefits mean that the client will only deal with our
business if they benefited from it.
Commitment means the commitment the business makes to
the client and, in turn, the commitment the client will
make to be loyal to the business.
Delivery means for the business to make absolutely sure
that it delivers to the client what it promised, or,
preferably, deliver more than the client expected.
Is
the formula easy to implement?
Yes, if you follow the rules as they are explained in
the book.
No, if you break the rules.
There are clear and distinct rules for small business
success. I have taken over a number of failing
businesses and turned them into money makers. All I did
was make sure that the proper rules were followed again.
The reason the businesses got into trouble in the first
place was because they either didn’t understand the
rules, or they didn’t follow them properly.
The rules, as they are explained in my book are simple
and easy to follow. And they don’t take more financial
investment or more risk. All it takes is a clear
understanding of the rules and some extra work.
How
long does it take to make a business successful?
It usually takes no more than a year for me to turn a
business profitable. It takes the same amount of time to
start a business and have it break even.
A lot depends on how hard you are willing to work for a
while. It usually doesn’t require much money but it
does need extra work and time to implement the proper
systems after they have been designed following the
rules.
How
fool-proof is this formula?
One hundred percent. Read my book and you will
understand. It is almost impossible to fail if you
follow the formula properly.
My stories about my experiences in business will show
that I only really failed once. That was in my very
first business. And of course, some businesses made more
money than others. How much money you want to make
depends on how motivated you are.
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