Entrepreneurs — Post-Pandemic, This One Single Word will Become Your most Powerful Tool

Just one word can serve as your most powerful ally in a coming post-pandemic business world. It’s actually one of the shortest words in the English language, but wields an incredible amount of influence. It’s a single syllable that can save you from a lot of trouble, and even one that can help you realize a profit. This magical word? It’s “no,” and it will be very difficult to utter in the coming months.

Why “No” will Become Absolutely Necessary

Risk is inherent in entrepreneurship, and that’s why it’s so difficult to turn things down. Business owners realize when they do not seize upon a seeming opportunity, they ostensibly lose out in one way or another. Call it FOMO or fear of missing out. Call it pride or even stubbornness. Whatever it is, there’s an impulse to accept things as they come.

It’s easy to say yes and hard to say no. Anyone who has children knows how effortless it is for kids to learn the word ‘no.’ They love to say it—all the time! So, it’s curious that as we get older, the word ‘no’ becomes a distant memory and ‘yes’ is the order of the day. This is especially true if you are a people pleaser. Let’s face it, deep down we all want to be liked. For an entrepreneur, learning to say no is crucial because it can mean the difference between success and failure. —Forbes

This isn’t to say it’s necessary or even smarter to avoid risk, but rather, to measure it on a case-by-case basis. And in a time when you’re in a position to help others out in their time of need, it will be extra tempting to accept rather than pass. This can easily become detrimental to your business in a very short period of time. So, it’s critical that you learn or relearn how to say “no.”

How to Say “No”

The real problem with saying “no” is that you’re not saying “yes.” If you think about it for a moment, that becomes fairly profound. In other words, “yes” carries a positive connotation, while its antonym is, understandably negative. But, that doesn’t mean that saying “no” can’t have a positive income. Here’s how to say “no,” when you impulsively want to say the opposite:

  • Suggest alternatives. Instead of just posing an objection and leaving it at that, suggest alternative scenarios. It will help you to feel a sense of usefulness and even a sense of accomplishment, perhaps pride. This way, you’re offering solutions rather than shutting the other person out.
  • Explain your reasoning. Although we’ve all heard the phrase “No is a complete sentence,” in many instances, it’s just not enough. So, take a moment to explain why you’re saying “No thanks,” and don’t belabor the point(s). After all, if you do prolong the situation, you’re opening yourself up to self-doubt.
  • Don’t rationalize your decision.This goes right along with the last point. If you begin to rationalize, you’ll send yourself out on a path to going the opposite way to “yes.” And, that defeats the entire purpose of saying “no” in the first place.

What other suggestions would you add? Please share your thoughts and experience by commenting!

Interested in learning more about business? Then just visit Waters Business Consulting Group.

Like this article?

Share on Facebook
Share on Twitter
Share on Linkdin
Share on Pinterest

Related Posts

The Business Behind the Beautiful Landscapes

Why great operations create great profits A beautifully maintained commercial property is easy to spot. Clean lines, healthy turf, well-kept plant material, crisp edges, seasonal color. The kind of outdoor space that leaves a strong first impression on tenants, customers, employees, and anyone else who walks through it. What’s much harder to see is the business behind that landscape. Behind every well-maintained property sits a whole operating system of people, equipment, schedules, production standards, estimating, purchasing, customer communication, quality control, and financial discipline, all working together (or not) out of view. When those pieces work together, you get more than a beautiful landscape. You get a profitable business. At Waters Business Consulting Group, we’ve seen this pattern over and over: a landscape company doing genuinely exceptional field work, with satisfied customers and growing revenue, and margins that stay stubbornly thin anyway. The problem usually isn’t the quality of the landscape. It’s the quality of the business behind it. Great landscapes are built on great operations Commercial landscaping is an operational business through and through. Every single day involves hundreds of small decisions about labor, equipment, routing, materials, weather, and changing conditions in the field, and one missed detail can ripple further than you’d expect. A bad estimate can put a contract behind before the first crew even shows up. A poorly planned route quietly burns labor and fuel. A piece of equipment going down can throw off an entire day’s schedule. Inconsistent production standards mean rework, and weak communication turns a minor customer concern into a retention problem. These all look like operational issues on the surface. Underneath, they’re financial ones. The companies that consistently perform well understand that operational excellence isn’t separate from profitability. It’s one of the main things driving it. The cost that hides in plain sight Most operational inefficiency doesn’t show up as one big expense you can point to. It builds up quietly. Ten minutes of unproductive time on one crew doesn’t sound like much, but multiply that across dozens of employees, several crews, hundreds of service days, and a full year, and it adds up to real money. The same goes for excessive travel time, poorly sequenced work, labor assumptions that were wrong from the start, unplanned overtime, equipment downtime, wasted material, rework, unclear expectations, and inconsistent quality control. The tricky part is that most companies don’t have the visibility to actually measure any of this. They know a division missed its margin target, but not why. They watch labor costs rise without being able to say which crews or properties or habits are actually driving it. The best operators make the invisible visible. They build systems that show leadership exactly where time, labor, equipment, and money are going, and whether that spending is actually producing results. Profitability starts at the estimate A lot of a job’s profitability gets locked in before a single crew shows up. You can have great people and strong field leadership, but if a contract was priced wrong, operations is stuck trying to make an unprofitable job work anyway. Good estimating takes more than labor hours plus a margin. It means really understanding production rates, labor and equipment costs, material costs, how complex the property actually is, travel and mobilization, seasonal swings, overhead, risk, and what the customer expects. The best companies don’t stop once the estimate is submitted. They go back and check it against what actually happened: did the job take the expected hours, were the production assumptions right, did materials or equipment cost more than planned, did scope creep eat into margin, and which types of estimates keep performing well versus which ones keep losing money. That feedback loop is what sharpens pricing over time and stops the same mistake from repeating itself job after job. Estimating isn’t really a sales function. It’s the first step of operational planning. Labor productivity is a real competitive edge Labor is one of the biggest, messiest costs in commercial landscaping. The companies that consistently win don’t just watch payroll totals. They understand how labor actually converts into finished work, tracking things like labor hours per property, production rates by service, revenue per labor hour, crew productivity, overtime trends, rework, and schedule adherence. The point was never to push people to work faster without regard for quality or safety. It’s to give crews clear expectations, the right resources, and as few unnecessary obstacles as possible. When employees know what success looks like and managers actually have reliable data, productivity tends to take care of itself. Scheduling is a profit lever, not an admin task It’s easy to treat scheduling as busywork, but it’s actually one of the biggest financial levers a landscape company has. How crews, equipment, and properties get scheduled affects labor utilization, travel time, fuel costs, overtime, equipment availability, and how the customer experiences the work. Bad scheduling hides costs everywhere. A crew burns too much time driving between stops. A piece of equipment sits idle. Work gets pushed until it needs overtime to finish. One customer request throws off an already tight route. Good scheduling weighs property locations, service frequency, crew skill, equipment needs, seasonal workload, and weather, not just to fill the calendar, but to actually deploy people and machines in the most productive way possible. Equipment has to earn its keep Equipment is essential to this business, and it’s also expensive. Buying, financing, maintaining, hauling, repairing, and eventually replacing it eats up serious capital. The strongest companies treat their fleet like a strategic asset, watching utilization, operating costs, maintenance needs, downtime, replacement timing, and return on investment, not just fuel and repair bills. They also understand what a broken-down mower or truck really costs. It’s rarely just the repair. It’s the whole crew’s productivity for the day, plus whatever it takes to catch back up: rescheduling, overtime, a rental, extra labor. Preventive maintenance and real equipment planning protect both productivity and the bottom line. Quality control is a financial issue, not just a service

Read More »

How to Get Business Referrals in Secretive Industries

Referrals are one the most important parts of a successful business. When these come in and you deliver, more are likely on the way. In addition, these are a surefire sign that those you serve are more than satisfied and want to show support and appreciation. Unfortunately, there are industries which operate under a significant amount of discretion (read: secrecy). Examples are sports agents, investment bankers, ghostwriters, healthcare providers, and even business development professionals. Because of this, it’s a lot more difficult to get referrals. You can’t necessarily ask your clients to spread the word since they don’t want others to know what you’ve done for them. To the outside world each client is successful on his or her own and not because you provided advice, action plans, and of course work product. Although you feel a sense of accomplishment and pride, you can’t just use these experiences freely. How to Get Business Referrals in Secretive Industries Referrals are a cornerstone of doing business, and it’s what entire entities are based upon — examples include Angie’s List, Yelp, Healthgrades, and Home Advisor. These services provide consumers with real customer reviews and that relatable trust is what gets people to pickup the phone. In some industries, like those listed above, the provider might not be able to tap into the same resources. Your best source of new business is referrals from happy customers or clients. You cannot receive a better lead than one that has been sent your way with a strong referral. You cannot have a more motivated prospect arrive in your store or restaurant than someone sent there by a raving fan. —Forbes If you want to get referral business, but are in a business that’s subject to secrecy, you can still do so you just need to be a little more creative. This is especially true if it’s not just based on discretion but also guaranteed with non-disclosure agreements. Here are some ways to get business referrals in secretive industries: Use a “degrees of separation” approach. One way to get referrals when you’re subject to secrecy is through former industry insiders. Connect with individuals who use to be in the business and speak with each about being a brand advocate. The friend-of-a-friend approach is also worth giving a try to get more referrals. Ask a willing client to speak on your behalf. You might have a current or former client or two that are willing to speak with others about doing business with you and their experiences. Take advantage of this and show your appreciation with a gift, discount, or another way of saying, “Thank you.” Give potential customers more control. One thing that scares new prospects is the fear of making a big and/or long-term commitment. To overcome this objection give potential customers flexible and short terms. Openly demonstrate your plans. Possible customers might also be unsure of what you’ll be able to deliver — because of this, the secretiveness balloons into a larger problem. To combat issue openly demonstrate your plans and let him or her evaluate and ask questions. Another thing you can do is to give away a little to entice potential clients to doing business with you. By doing so you’re demonstrating your confidence in your abilities and willingness to do what it takes to earn his or her business. Want to find out about what a business coach can do for you? [shareaholic app=”follow_buttons” id=”26833294″]

Read More »

Imagine Selling Your Business…

How Would Your Life Change?

You didn’t start your business just to stay busy—you built it to create freedom, security, and options for yourself and your family. Selling your business can be life-changing, but the real question is whether you’re intentionally building toward that outcome or simply leaving it to chance.

Sign up below for a free consultative session to learn what your business could be worth today and in the future! 

Thank you for your interest in learning what your business is worth. We will be in touch shortly.