Servomechanism and Entrepreneurship

A couple of years ago, I was on a podcast with John Lee Dumas, host of the Entrepreneur On Fire Podcast, and I found out that we had both been Army officers AND trained as tank commanders (it’s a small world after all…).

Although our training was more than a decade apart, we both had a similar experience with a very interesting multi-million-dollar piece of machinery: The M1 Abrams Battle Tank. One of the key components and secrets of the success of this tank is something called a servomechanism.

servomechanism_defined

One of the most extraordinary things I experienced during my tank training was how the barrel of the tank could remain “locked on target” despite the movements of the tank. It did not matter if you were going down a hump, turning to the right, shifting to the left, and backing up to the southeast. No matter where you went, the barrel stayed locked on its target.

locked on targetImagine having your finger pointed at an object, then turning your body or walking in different directions, but yet your finger remains pointed at your objective

I love this metaphor because we as entrepreneurs also need to know our target (where you want to go) and then lock on to that target, so we never lose sight.

As a tank needs a servomechanism to stay on target, an entrepreneur needs a servomechanism to ensure they meet their targets.

What if there was a system for your business that could act like a servomechanism to lock on to where you want to go, to ensure you are on the most direct path?

Related:Wealth Building Tips For Growth Entrepreneurs

What if there was a way to know where you are, where you want to go, and always discover the most direct path toward your desired result?

While it might take a book to fully implement a highly effective servomechanism, this will get you started.

How to begin employing a servomechanism in your business.

The most basic, yet often overlooked takeaway for entrepreneurs is to actually have a financial target.

Start with a goal.

Think specifically about what you want to achieve, and then start writing out the steps you need to take in order to make it happen.

Once your target is selected, stay locked on it. Use feedback from your financials, team, and the other conditions around you to better understand and make course corrections as needed.bulls-eye

Another way to look at it is with these three questions…

Where are you?

Where do you want to go?

What is the most direct path to get there?

You might be tempted to overlook these questions – Don’t…

It is only after constantly seeking to understand where you are, remember where you want to go (your target) and then receiving feedback and correcting course that you will arrive with the most direct path.

Related: Be Your Own Big Kahuna

Soon, this process will be natural and less forced, you might not see many results today, but what about the difference in your progress 1 year from now? Or what about 2,5,10,20 years from now? How much further along will you be?

Don’t delay and set your course today.

 

Thank you & Blessings Entrepreneur,

Frank F. Lunn, CEO
Kahuna Accounting

 

P.S. If any of this made you curious about how Kahuna helps entrepreneurs succeed, check out our Discovery Value NaVigatora program that embodies the servomechanism concept.

 

 

 

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