Just like every party has a pooper, every bottle has a neck. You learn that in Bottle Anatomy 101. But what you might not have known is that every business, machine and human has a bottleneck too. The bottleneck is the singular constraint that limits an organization, object or person from accomplishing more, creating more and earning more.
Lessons of Entrepreneurship
I spend a lot of my time thinking about bottlenecks. It started when I first launched my advertising and idea agency, The Weaponry. As an entrepreneur, you have to spend a lot of time working on your business, not just in your business. By doing so you find that both you and your business have limitations. Unless you are Master P. #NoLimitSoldier
A great way to know what areas of your business you should work on is to simply look for the bottlenecks. These are the areas that limit everything else a business can accomplish. They can be processes, equipment, people or money. In some cases your bottleneck could be too many long necks. (You can learn all about that by listening to Garth Brooks music.)
The Weaponry’s bottleneck is not how much work we can deliver. Because we are organized in a way that allows us to scale our team when necessary to meet surges in demand. I am confident we have the right kinds of people too. So that is not our current limiter either.
Our bottleneck is related to business development. We have discovered our businesses limiter is about awareness that we exist and what we can do for our potential clients. Which is perhaps the most common bottleneck in business. It is why advertising and marketing agencies like us exist in the first place. Alanis Morissette would say this is ironic. Don’t you think?
They Don’t Go Away. They Move.
Because we know awareness is our bottleneck we make it The One Problem To Solve. By increasing our awareness we can increase demand, which increases our business. Once awareness is no longer our limiter, our bottleneck will move somewhere else in the business. It may become our bandwidth, financial resources, location, skill sets, or the types of snacks we have in the break room.
As the business grows and evolves the bottleneck will continue to move. But by paying close attention to the business we will identity the new bottleneck, and the solutions needed to improve our business. Which is like winning at Whac-A-Mole.
The single most important thing you can do today is identify your bottleneck. Ask yourself what your greatest limiter is. Then address that limitation. Because if you open that limiter you open all kinds of new possibilities. This is true in business and in our personal lives. So find your bottleneck. Widen it out. And you will find new levels of success.
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