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Dreaming big for your business means taking a big step from what you have been used to. Whatever business actions you do affect your products so make this significant turns successfully.
All business-minded individuals want the world to recognize their business. Therefore, they devise ways to ... Views: 669
Marketing is the business of all big and small business owners. A business will not thrive if it is unknown to public, especially to your target market. In lieu with this, business owners should really take time and effort in marketing their business.
This poses a great challenge to those ... Views: 863
Creating customers is the main goal of any business because they are the one who makes the business itself. Sometimes, providing time, money and effort in improving your products and services is important, but what counts a lot are the customers. They determine your success whether you are just ... Views: 7389
Money tends to rate high up on the list of needs for people planning on starting or moving into business ownership. Here’s 7 tips if you need start up financing for your business.
1. Clearly identify how much you have available.
The best place to start is yourself. If you have some capital ... Views: 1583
Many businesses have a strategic planning process that leads to objectives and goals that hopefully, in turn, lead to flawless execution. This process usually equates to some sort of far-off ideal and loose timeline for achievement. Few organizations have Mission Objectives that relate daily, ... Views: 1251
If starting your business is in your immediate future you and are not sure where to start, there are four major areas I would suggest you consider. This article is just about one of those, which is the need to create a solid business plan, but the four areas to help determine your fitness for ... Views: 1376
YOU know how special you are. YOU know that you outshine the competition. The question is: does your potential client?
Helping clients understand the value you provide to them is essential in prospecting and keeping business. Let’s face it: consumers have plenty of YOU to choose from, and ... Views: 1146
All successful entrepreneurs have a vision for their businesses. When you have a clear vision for your organization or business, you can work backward, identifying what you need to ensure success.
Identifying Your Vision, Values, and Mission
Vision.
For many, the visioning process is random ... Views: 1695
Leaders are using the economy as an excuse on a daily basis. Don't believe me? Just ask your managers why now it's okay to lay-off those employees who haven't come close to meeting their performance objectives over the past several years. Perhaps your company could have avoided lay-offs if the ... Views: 877
Over the many years I've been coaching, my clients have achieved extraordinary personal and professional results through following the strategizing process outlined below, everything from changing career from one that bores to one that delights, gaining rapid promotion, turning a team (and ... Views: 1010
Why do people sit day dreaming instead of taking action and living their dreams? There are many excuses and reasons for not living your dreams, but there are also ways to move the excuses out of the way and move into action. Living your dreams is so much more powerful than day dreaming them. ... Views: 3582
Living a life of intention and realizing your dreams is far more challenging than it sometimes sounds and overcoming the obstacles can be overwhelming. And that can be why many of us don’t end up living the life of our dreams.
Why do people sit day dreaming instead of taking action and living ... Views: 1354
Are you a dreamer living your life with regrets? “The future belongs to those who believe in the beauty of their dreams.” (Eleanor Roosevelt) As the creator of your present and your future, you decide whether it will be filled with living your dreams or living regrets. Living a life without ... Views: 1392
Are you an expert in your field? Do you know your business inside out? Then you are an expert. One of the very effective ways to build relationships and build your business is to share your expertise. Creating articles, newsletters and information products are all ways to share your ... Views: 813
The end of the year is a time to evaluate the past year's accomplishments and disappointments. It is also when many people and organizations begin creating strategies for the New Year. Our recommendation is that you spend time evaluating the past year and learn the valuable lessons from your ... Views: 770
Take Care of Yourself: I love this lesson because it so central to each of us and our success. We cannot be successful when we don’t take care of ourselves. And playing, for me is an essential component. We all know this and yet somehow the time gets away or other things become the priority. ... Views: 732
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*** Staying Focused - by Donna Price, The Official Guide to Strategic Planning
Summer is fast approaching and the weather finally warming, and I'm wondering, how many people are still focused on their goals for the year, or their New Year's resolutions? Staying focused on goals and the things we desire is one of the greatest challenges many of us face. Perhaps we set a ... Views: 985
As business leaders we want our companies to be vibrant, innovative, creative and top leaders in our field. Organizations often find that they are struggling to achieve this. What happens within the organization that it gets off track or out of alignment? Organizations, like people, have the ... Views: 840
Marketing is one of the challenges we each face as business owners. One of the things that is basic to business is your business card. Your business card is valuable real estate so it needs to be used wisely. Like any real estate investment make it a worthwhile investment.
A business card ... Views: 740
Remember when families and couples survived on one income. Back in the 50’s and 60’s it was typical for there to be only one income. Today many are struggling with two incomes. Inflation and severe economic factors are challenging families to just survive, not even thrive. If this trend ... Views: 757
Did you know that your email address can affect your business reputation, can help build business relationships and have an effect on your business? Think about the email addresses you see coming into your Inbox. Do you have a different impression of a new contact if their email address is ... Views: 1015
Do you ever wish you were someone else or somewhere else? Sometimes it happens that we get all wrapped up in our own doubts, fears and insecurities; that inner voice that nags at us and doesn’t say the nicest things. Do you ever feel that the grass is greener on the other side of the fence? It ... Views: 1016
Success -- is it possible without personal development? Can you achieve life success when you do nothing intentionally to improve yourself? Without development in some form success is elusive. Your life can be your teacher. Within it are the lessons that can become your tools for both ... Views: 883
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*** Why Coaching? - by Donna Price, The Official Guide to Strategic Planning
As a business and life coach I say of course coaching. But just like you, not that long ago I was new to the idea of coaching. I thought -- why coaching? What I have discovered in my own coaching work with clients and with my coaches is this: coaching works. Clients gain different things from ... Views: 809
Newsletters act as part of your “keep in touch” marketing strategy. They provide a vehicle for keeping in touch with your current customers or clients and providing them with additional value. The newsletter also is a good vehicle for keeping in touch with prospective customers and clients. ... Views: 764
Sales can be one of the scary things that you as a business owner HAVE to do. It comes from our own conceptions of sales and what that means and what it looks like. Do you picture the used car sales person? Or the door to door sales person? Do you realize that some of the highest paid people ... Views: 738
The Internet is a place where people often keep putting money into the slot machine and hope they will hit the jackpot. Most people make the mistake and think that huge amount of traffic can bring good business without paying any attention to what sort of people are coming to the website. This ... Views: 758
Ever try to complete a jigsaw puzzle without a picture of the finished product? Then you’ve got a good idea how tough it is to create a strategic plan when you don’t know where your business is headed.
To many business owners, strategic planning is an intimidating process. At first glance, it ... Views: 1735
No matter how large or small the task, it is vital to plan ahead in order make your life easier and not have to worry about last-minute scrambling. Whether it be a major event or something as simple as your weekly menu, it's always a good idea to think about your plan in advance.
Planning for ... Views: 703
Life is all about decisions. The right choice can catapult you to great success, just as the wrong one can send you spiraling downward. So the question is, how do we take advantage of the power of logical reasoning or intuition to make better decisions?
The worst decisions we make are often ... Views: 4782
Much of the press focus over the election of Barack Obama to US president, has rightly, been the “hope for change” that his new policies will bring. But for managers, there has also been a great lesson in the lead up to the inauguration – the smooth transition of power from the outgoing to the ... Views: 1219
As I write this article at my favorite Starbucks, I can't help but hear the conversation next to me. A middle-aged woman is having a coffee meeting with a peer discussing job opportunities, the market, and their personal networks. It's obvious that she's lost her job due to cutbacks and is ... Views: 986
1. Cut your losses. Let your profits run.
Always remember to stop at ‘stop loss’ point.
2. Learn from your losses.
Make each loss a lesson to enrich your investment experience.
3. Don’t be greedy.
People always turn their huge profits into losses because of greediness.
4. Never leverage ... Views: 761
The ability to succeed as an entrepreneur is one of the most rewarding experiences any person can enjoy. Seeing your product on a store shelf is an amazing rush. Knowing that your service is benefiting the public is incredibly rewarding. Beyond the obvious monetary rewards, the knowledge that ... Views: 1344
Implementing plans is normally the hardest and most frustrating part of any business planning or business development activity. You have to implement a plan that has not yet been proven successful, in addition to dealing with new crises and unanticipated obstacles. The planning process was ... Views: 1261
Strategic planning and strategic leadership styles vary just as the employees and owners of companies involved in the planning process differ. Visit local bookstores or check on line to see hundreds of books claiming to have the secrets to a successful business and easy strategic planning. ... Views: 1368
I was recently asked by an executive team, "How do we start pulling a Succession Plan together? We believe we have many of the pieces already, but we don't know what to do with them."
That's a great question and a great position to be in.
The answer though, requires you to first be clear on what ... Views: 943
If your organization is like most, the summer months passed by very quickly. This was due to the normal work requirements. However, it was also compounded by the added pressures of employee vacation schedules. With employees taking leave, covering the work of those who are on leave, and trying ... Views: 804
I thought I'd take a moment to simply clarify the difference between Advisory Boards and Boards of Directors. People often believe they're one-in-the-same and use the terms interchangeably. In reality, they're very different entities. Both are valuable, but they wield different levels of ... Views: 779
We've hit that part of the Strategic Planning process with a few of our clients: It's time for them to put what they've developed to the test. Specifically, a few clients are facing difficult situations with select key staff members. These tough situations are requiring top management to either ... Views: 796
I received a telephone call recently from a client desperately trying to fill a vacancy in her accounting office. After describing the situation she read the position description to me. Among other general items, it noted, "At least three years of accounting experience." Well that's just dandy, ... Views: 774
It's happening again. We've been contacted by several clients all dealing with the same issue: current top management is ready to move on (retire, sell, quit, transfer to a new division, etc.) and there's no staff ready or able to replace them. The problem from the clients' perspective is: How ... Views: 949
Recently a colleague asked me for advice to help him with one of his clients. My colleague's been working with this particular client for several years, but it's getting to a point of frustration where my colleague's ready to walk away. The manager -- or as my colleague now calls him -- The ... Views: 1093
Every day, there are stories in the media discussing the importance of succession planning, yet many of us business owners aren't paying heed. According to a global study released by Korn Ferry International, "40% or less of organizations today have a capable CEO-in-waiting." Also, according to ... Views: 1223
I had an interesting conversation the other day with a client. We were discussing her company's strategic plan and the next step: the succession plan. I was outlining for her the basic steps to identifying the responsibilities of key positions when she asked a great question: "Just what is a ... Views: 851
The most common question I'm asked by new clients who are focusing on succession planning is:
"How do I start?"
It's a great question and its answer is one that many clients don't anticipate:
Start by having a very clear, well-developed strategic plan.
Needless to say, when new clients hear ... Views: 737
Energy prices are changing daily. The capital markets are in free fall. There is talk in Washington of nationalizing everything from Energy to Medical Care to the Banking System. Our courts have become political entities rather than judicial entities. Technology is changing so rapidly that a ... Views: 1157
In the world of decision making if there is one question you can ask before deciding to on a new operation plan for your company what would it be? Most people might say, What is the bottom line or what is the ROI?
But beyond anything the most crucial question you should be asking yourself and ... Views: 1276