Often, during times of personal challenge, I say, “Without lows, there are no highs,” and it gets me through the struggle and the same goes in business today.
For a personal example, my youngest son recently cut his own hair. It was disastrous … resulting in a shaved head right before school pictures. That was a low. But oh how sweet it was to get that first real haircut! Before the low, I would not have classified a haircut as a high.
Without a valley, there are no peaks.
All companies, big and small, have peaks and valleys. Some turn around and some flatline:
- You might open and be flooded with customers, but business tapers off;
- You might open your doors and need to considerably grow your customer base;
- You might have a sustainable model, but outside influences (economy, commodities, technology) change.
It happens to the best companies – it happens to all companies. What you do while in the valley determines your future.
Do you give up or do you find a pair of boots and start hiking?
In the Summer of 2008 Starbucks Corporation eliminated 12,000 full and part-time positions and closed 600 U.S. company-operated stores. I was there. The employee-centric company was in a valley. I was in a personal valley, watching talented professionals, my friends and colleagues, leave their beloved company.
So how did Starbucks start hiking? Howard Schultz came back with passion and a plan. There’s a fabulous book titled Onward that details the journey.
Are you in the valley? Is your business at the bottom of the mountain? Put on your boots and start your journey to the top.
People change. Attitudes change. Environments change. Business landscapes change. Change is good. Movement is good.
Face the challenge and start hiking.