Where Money Comes From

If you’re employed by a for-profit business then all your money comes from the same place. The money you spent on dinner last night, the money you use to pay the rent or mortgage, the money you invest in your retirement, that all came from the same place too.

It did not come from the company that employs you. It didn’t come from the boss. It didn’t come from HR and it didn’t come from the payroll department.

All of your money, every penny of it, comes from the customers who CHOOSE to do business with your company. The money you receive in the form of a paycheck is not your company’s money, it is the customer’s money, they simply allow your company to use it. The better the job a business does for their customer, the more money the business is allowed to use.

Businesses that employ people who understand that simply fact are businesses that do well. 

Sometimes businesses and their people get so caught up doing urgent things that they forget what’s truly important, the customer. Nothing, absolutely nothing, should be more important to a business than the customer. 

If you’re a for-profit business then your business cannot afford to be focused on measurements, a process or policy. The focus must be on the customer 100% of the time. Never allow yourself to be fooled into believing what you think is more important than what your customer thinks.

There is no metric, no policy, no spreadsheet and no problem that is more important than meeting and exceeding your customer’s expectations. When you forget that don’t be surprised when your customer forgets you. Measuring, surveying, accounting, and planning are all important to a business, but none of it should ever become more important than a customer.

It’s mere busy work when compared to the one vital task of every business interested in making a profit, meeting and exceeding the needs of the customer. They, the customer, that’s where the money comes from. No business, and no person who works for a business should ever allow themselves to believe that the business exists for them, it exists for the customers.

When you’re too busy to take care of customers don’t worry, that situation will rectify itself soon enough. 

Think about that the next time you’re annoyed by those pesky customers. 

 

6 thoughts on “Where Money Comes From

  1. Tony Robbins was asked what’s most important about being a successful entrepreneur and he said to be passionate about your customers. I concur.

    1. I can’t count the number of times I’ve started customer service workshops by asking “what would make your job easier?”

      More than half say “if we got rid of the customers” that would make my job easier… Less than half were joking.

      When a business loses their customers they lose their reason for existing, sadly, that is all to easy to forget.

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