Growing a successful business is as simple as 1,2,3. The problem is having the discipline to follow through on this “simple” process. Notice I did not eliminate the words “hard work” from the formula. The most comprehensive business and marketing plans do not offer a better solution than these three steps to success. In this context, vision refers to the big picture that you see for your business. It’s a vision that must constantly be in your mind and must form the foundation for … [Read more...]
Fast growth management requires “whale fishing”
Many small business owners are in a hurry to grow. Their management style is “all business is good business”; therefore, in my opinion, they don’t have any management philosophy. Setting policy is a prime responsibility for a fast growth management process; that includes the allocation of assets ( time and money), usually a scarce commodity in a small business. All management must be focused on profit. Define your profit centers and analyze the return based on the time necessary to … [Read more...]
The Discipline of Leadership – A small business requirement
Discipline: a system of rules governing conduct. Leadership: the process whereby an individual influences the behavior of people in a way that makes them more likely to achieve organizational goals. “One of the most critical managerial functions in entrepreneurial organization is leadership. Effective leadership is a prerequisite not only to successfully making the transition from one stage of a firm’s development to another, but for that matter to operating effectively at any … [Read more...]
Business Person – You have only one body
As a small business owner you can get new products, services, location, marketing plans, etc. etc. etc… but there is one thing you can’t get new and that is a new body.. No, I don’t tell you how to exercise and how to eat properly, but I see a major difference in clients who eat healthy and exercise on a regular basis and those that “don’t have time”. My expertise is in business and marketing support as well as coaching a small business. Once we have determined where a … [Read more...]
Schedule your Success
Success has to be scheduled one day at a time and today is the most important day for achieving success. Yesterday is gone and tomorrow has not yet arrived. Today is the only day you have to work with, in other words, you have to achieve success today! A small business owner recently told me “if only I had been born into a wealthy family, I wouldn’t have such a hard time getting new business”. He was telling me that wealth would attract his target audience. Other business owners share … [Read more...]
Small Business Owner… share what you have learned
Small business owners are in a unique position to help others. Networking meetings are usually a place where a person asks for referrals to grow their business; in fact, most of our marketing efforts are geared towards obtaining more business. Recently I attended several meetings of a networking group. Every meeting sounded like a “broken record” as each member shared what they needed in terms of new business. I believe they should also take a minute and share something that they have … [Read more...]
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