If I had to make a living fixing small engines, no doubt my kids would have been very skinny. My friend Craig is my go to source for small engine repair problems. He tells me I make it too difficult when troubleshooting my small engine repairs. “It’s one of three problems, always“, he tells me.
And he’s right. The problem is always related to one of these three simple things. If I run down his list of three, I can always solve my problem.
Spark, fuel and air are the three items that usually need to be considered when troubleshooting a business, too.
Spark is the equivalent of leadership. Is the owner a leader sparking, inspiring and giving the business and employees direction?
Fuel makes the business go. Are there proper resources: tools, machinery, horses and working capital?
Air is the life of the business. Are the employees providing the right kind of “oxygen” and energy for business success? Can they and are they able to sustain the business with their actions and talents?