Have you ever attended a breeder’s trade show or expo and found yourself overwhelmed with numerous opportunities to expand your breeding business? Making decisions in such a situation can be quite challenging, especially when faced with limited funds, me constraints, and a sluggish market. The one thing that’s certain is that you can’t pursue every option. So, where do you start, and what should you focus on?
These are valid questions, indeed. Should you prioritize DNA testing for your adult dogs? Perhaps invest in that long-desired website? Improve your photography? Concentrate on marketing through platforms like Facebook and Instagram? Work on customer retention? Consider building a new kennel? Provide valueadded services for your puppy customers? Should you aim to grow, maintain the status quo, or even consider quitting breeding? The array of choices can make your head spin.
As we discussed in our previous article, the value of a SWOT analysis lies in its ability to provide focus and a roadmap for the future. In this article, we will delve into the “S” of SWOT, which stands for Strengths. In the upcoming articles, we will explore the other components of the acronym: Weaknesses, Opportunities, and Threats. Before we proceed, let’s address our hesitation to discuss one’s strengths. Many of us are taught to embrace humility and avoid appearing prideful. However, acknowledging your strengths doesn’t equate to boasting. When we ask about your strengths, we are referring to recognizing the skills, assets, and abilities that you’ve been given. True pride is all about asserting superiority over others, while acknowledging your strengths is about being a responsible steward of your resources and using them for the benefit of others.