Sex Up Your Business Growth
A top executive called up me late in the night. He was still awake at 3 o'clock. He told me that he has not been sleeping for last 3 nights. Problem at his working place is working it effect on his marital life with wife. Although problem in professional life was manageable to some extent. But the bottom line was heading towards south. He was always busy in solving problems to the extent of guilty of ignoring the happening in market. He wanted help in solving problem.
What could be the solution of his problem? Is there a permanent solution to any business situation? Chemistry of business is a fast changing genes very different from human being. There could not be any fix solution leave alone a permanent to any problem. Problems in business are bound to raise their heads sooner or later. Would you like to keep solving the problem at the cost of growth?
My observation and suggestion is, if your time is getting messed up more than 30% in day to day problem of your business, there may be a very serious problem at hand. It is the clear sign that either you need a person to solve these problems and get the house in line or you are heading straight into the dead wall. It is just matter of time; you will end up at the street which will go nowhere.
All the top executives are guilty of this trait. We all are taught that solving problem is most important as old saying goes. If you are not a part of solution, you are part of problem. But let me explain no organization has survived and moved on to become leader just by solving problem.
Take example of Digital, Compaq, and Amdahl etc. They all got problem, they solved it but in the process loose there focus on the innovation. As Peter Drucker said, "The market is a harsh who will dismiss even the most faithful servant without a penny of severance pay". All these one time king of industry went in to spirals of problems and lost the ground to others at other players. Compaq ate up DEC and HP ate up Compaq. Now HP is facing the same dilemma.
If we see the market and the market leaders. It is very clear that growth can solve a hell lot of problems itself. In fact in a growing company problems just do not arrive at all. But you can't grow all the time that is law of market. But you have to innovate in your business insight to see new market to jump in before your old one kill you under its own falling weight. Only opportunity not the problem can solve the problem permanently. It is the death time of any organization when its innovation engine dries up. If they can't see any new market and opportunity. They will get killed in this race where any product life is getting shorter day by day.
Digital and Compaq became leaders in their respective segment by exploiting the opportunity. And innovating new offering to customer. And when they became leaders, vanity killed their innovative minds and in the process they got terminated by others.
So solve your problems but relax and do not loose you sight on opportunities. As old adage goes, our productivity is directly related with our ability to relax.
Franchise Company Operations Manual Sample Outline
Many companies wish to expand and a few wish to use franchising as a method of expansion. Not a bad idea, but one must consider the importance of the fine details. One book I recommend you read is the "E-Myth" by Gerber it is available at all the usual places. You see when going from a small business to a franchise company it is important to make sure you take out all the mistakes you have made in the past in building your small business and insure that your future franchisees never make those mistakes themselves. After all they need not go thru the rigorous minefields and brick walls you had to in order to be successful. Especially considering you will most likely be charging them a substantial upfront franchise fee.
Youll See It When You Believe It - Growing Your Business from the Inside Out
What unspoken message are you sending your clients and customers? Is your personal energy field projecting positive, high vibrational energy or just the opposite? The latter will cost you business--and worse, you won't even realize it. The energy I'm talking about here has been called many things, "being in flow," "in the zone," "locked on", "jazzed", "sending out good vibes," (that last one is for anyone old enough to remember the 60's).
Starting A Concrete Cleaning Pressure Washer Business
Concrete cleaning can be a lucrative business to start. Here are some tips which will help you do it right.
11 Things Small Business Owners Can Learn From Punxsutawney Phil
1. Look Over Your Shoulder ? Of course, Punxsutawney Phil has to look over his to search for his shadow. You should, too, every so often, to check out your competition?and see whether they're gaining on (or leading) you.
5 Small Business Management Questions to Help Choose Marketing Programs
As small business managers, we juggle limited resources in a quest for success. To an extent, when we focus on success in one area we forego attention elsewhere. Limited money and time mean we must choose from seemingly endless -- and often conflicting -- advice and recommendations from marketing service providers; management and marketing consultants; and internal experts. This creates a dilemma. How do you choose which recommendations to embrace and which to pass by?
How to let go of your EGO
When does your ego get in the way?
Presentations and Sales Automotive Detailers
Many auto detailers fall short in their sales presentations. I have often shopped the competition to see what their knowledge base was to gage their worthiness as a formidable competitor in the market place. What I have found is that many auto detailers lack the specific knowledge needed to help their business grow and to present themselves as experienced in their work to the customers.
Creative Marketing Tips: Simple Things You Can Use In Your Business To Attract More Clients
The single most important activity you can do in your small business is create a unique marketing strategy and plan. When was the last time you saw a company marketing themselves in an outrageous way? In this day and age it looks like everyone has read the same book on marketing ? and sorry to say ? that book doesn't work!
Grab Your Consumers Attention in a Cluttered World of Marketing Communications
A cluttered world of marketing communications diminishes the ordinary. The consumer can no longer be bother with the dull, trite and a boring hodgepodge of marketing communications that are pandered in front of them every day. They simply haven't the time, nor are they willing to figure out what irrelevant messages warmed over with pseudo-showmanship the marketer is selling them.
A Portable Trade Show Exhibit Makes for an Easier Show
You can make your trade show experience much easier by using a portable exhibit. Since you control everything related to transporting it and setting it up, you won't have to hire firms to for those things for you.
Todays Chef, Tomorrows Restaurateur -- Startup Tips by Restaurant Consultants Inc
Researching information for a recent business plan, I came across an interesting number of 54,000. What is the big deal about that? Over 54,000 new restaurant business licenses were applied for in the last twelve months nationally. That is over 4,500 new restaurant licenses every month, or 90 licenses per state per month.
Consistency Builds Trust
You know your prospects need what you sell. You know they want what you sell. Heck, you know that they even sent away for information on your service and requested a quote.
Business Valuation is Critical
What is Business Valuation?The term business valuation is the method by which the business worth is determined. This usually happens when the business is for sale, when the business is looking for extra funding from the banks, when the business is considering taking on extra investors, or where the business is looking at merging with another organisation.
Small Business Stress Buster: Completion not Perfection
Completion not PerfectionFive Keys To Doubling Your Productivity and Boosting Your Effectiveness
How to Give Informative Talks
Why should you do informative talks to smaller groups?
Creating Lists to Learn About Yourself, Your Business and Your Customers
I love lists. I make them for everything. And I'm not just talking about groceries, things to do this week or places to see before I die; but more important lists that help me learn about myself, my business and my life.
Debt Collection Techniques
Here are some sound debt collection techniques that can be followed by businesses to mitigate the bad debt crisis:
Boy oh Boy, The Obstructions and Obstacles
The bad things starts with the letter 'O'?.like Obstacles, Obstruction, Obscene?.overly-poor? There's bound to obstructions and obstacles in everything that we do in life. Like riding a bicycle. We get a few scrapes and bruises and think that we're never going to ride a bike ever again. We try to blow bubblegum and we blow it up in our own face and have our laughing friends jeering at us. We try to dress up only to find out that we look dowdy. Everything in life, there's an obstacle.
Administration Of Your Small Business
You've been meaning to tend to the administration part of your business, that is, the growing list of things to do that relates to your small business. You've shoved all other appointments aside and starts getting down to working on the nitty gritty details, you're ready to go all out and tick everything on the list off! But where in the world is the list?
How to Bond a Business Relationship
When should you create a foundation in order to solidify a business relationship?
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