Like this article? PLEASE +1 it! Evan Signature
Evan Carmichael Top Header
Share for a Cause









How to Model a Fortune 100 Company and Get the Same Result

Written by: Dr. John Oda

Article Overview: Most people have the mindset of seeing their company as being just local and small. The Fortune 100 companies I have worked with see their companies as being international. If a small business owner wants to reap the same rewards as a larger, more successful company, then he must model success. The idea is to learn to think and behave like a Fortune 100 company. You can do it by following these suggestions:

Free Download - How to motivate your employees By Dr. John Oda
Name: Email:

How to Model a Fortune 100 Company and Get the Same Result

Most people have the mindset of seeing their company as being just local and small. The Fortune 100 companies I have worked with see their companies as being international/ worldwide. If a small business owner wants to reap the same rewards as a larger, more successful company, then he must model success. The idea is to learn to think and behave like a Fortune 100 company. You can do it by following these suggestions:

1. It's important to have an end result each year. This means to have a target hit. For example, from creating my own time management system, I advise companies that they must have an outcome (also called end result) for their company. Too many small business owners worry about paying the bills and having enough money for payroll. They don't think about growth for the long term.

2. The Fortune 100 companies have several ways to marketing their product or services. Lots of small businesses don't budget for marketing, which can make it hard for them to get business. If you want your company to grow, It's a MUST to at least market your company three different ways, like through direct mail, free seminars, and cold calling.

If you take the "Octopus Approach" by trying different ways to get your company name out before the public, you're more likely to find out what works to market effectively. This is better than trying only one way that doesn't work for your business.

3. Develop a burning desire to serve other people. If you are in business, it has to be about service to others and not about making money. Some small businesses I've worked with only focus on the money. Success is about helping as many people as possible.

4. Using the "as if" principle, act as if you already have the desired outcome for your business in mind. Ask yourself how you would feel if you create your outcome. Here are some questions to consider if you already achieved your goal: How would you walk? What would you say to yourself? What would others say to you?

Everything we do is a modeling process. Now it's time to take the same tools and model for success.

If you would like more information on my amazing time management system, please visit my website @ http:///www.drjohnoda.com

I will see ya at the top!


Schedule a FREE Coaching Session

Related Articles
  Check Your Bank Account. There Is A Deposit Of 84,600
  He’s in a Meeting – or is he? Working with Gatekeepers
  Is Your Sales Model Effective? Know Your Salesforce ABC's
  Measure THAT
  Assessing a Business Model

Home > Business-Coach > Dr. John Oda > How to Model a Fortune 100 Company and Get the Same Result
Article Tags: Dr John Oda, fortune 100 companies, fortune 100 company, small business owner

About the Author: Dr. John Oda
RSS for Dr. John's articles - Visit Dr. John's website

John Oda Ph.D NLP is a business peak performance expert, an author, and speaker frequently called upon to provide corporate training, workshops and seminars for many companies in the United States. He is an expert in coaching sales and business professionals in overcoming the behaviors and obstacles that may impede their sales results and affect their bottom line. Since 1995, John has created a speaking bureau such topics, which include: time management, sales training, human diversity, leadership programs and etc. He provides companies with a strategic plan to increase their bottom line by over 25 percent yearly. Act Now ( 503) 875-3206


Click here to visit Dr. John's website
Dashed Line

More from Dr. John Oda
How the Media Can Make or Break Your Business
What is a Business Coach
The Power of Being Grateful
How to motivate your employees
How to Overcome Difficult Times in Your Business


Related Forum Posts
Re: Franchise 'due diligence' checklist Re: Franchise 'due diligence' checklist - One of the things I focus on is this: Does the Franchise fit the Business Model you are interested in? Meaning, are you going to be doing what you want to do on a daily? For example, if you are a restaurant manager now and you hate your job because of the hours, then don't buy most food franchises. You have experience of course, so it is more comfortable, but you will basically be doing very similar duties and hours as you were before. I always go through a series of questions, answers, more questions, more answers etc... to help my clients figure out what Business Model they are most interested in, I do this before even discussing a single name with them, they tell me what the business model is and then I match them up to that type of business, explain the entire business model as best I can and then and only then do we discuss the name of the company. Too many times people come to me wanting to own "abc" name brand franchise, when they don't even understand what type of business it really is and what they will be doing every day.
How to valuate a business How to valuate a business - Hi Garth - here is how we did it at Northern Crown Capital when I was helping them raise venture capital for Toronto-based entrepreneurs. Assume the start date is 2003 so 2008 projections are 5 years out: How Northern Crown Capital Valuates a Business 2008 Financial Projections Earnings Before Tax $5,865,000 Tax Rate 42% Taxes $2,463,300 Net Earnings $3,401,700 Amount Seeking to Raise Today $3,500,000 Discounted Value of Future Opportunity, 5 Years Out 2008 P/E Ratio 15 Value of Company in 2008 $51,025,500 Discount Rate Applied 30% Year 2008 $51,025,500 Year 2007 $35,717,850 Year 2006 $25,002,495 Year 2005 $17,501,747 Year 2004 $12,251,223 Value of Company at Investment in 2003 $12,251,223 Less: Investment Amount $3,500,000 Present Value $8,751,223 Discount for Risk & Private Company 40% Less: Discount for Risk & Private Company $3,500,489 Private Company Value $5,250,734 Present Value (What the Owner Keeps) $5,250,734 60.00% Financing (What the Investor Gets) $3,500,000 40.00% Total $8,750,734 100.00% I hope this helps!
Seek Venture Capital & Funding Seek Venture Capital & Funding - Hello, Greetings from India. I am Seeking Venture Capital for Offshore Software Company Start-up. Need advise along with Business Model Sample. I have a basic outline for an offshore company. 1. Technology - like Microsoft Dot Net, Java, LAMP 2. Talent Team - Found Good Technology Developers. 3. Where I can get the leads/potential customers - Leads have been identified who are willing to move forward offshore projects. 4. I do not have resources like funding. It is a very critical factor to me Industries: Manufacturing, Real Estate, Retail, Insurance, Distribution & Logistics, Healthcare, Industry Associations and Software Product Development, Agricultural Industries and Etc. Services: Offshore Software Development Company. Offices to be located: Hyderabad, Andhra Pradesh, India and USA. Products/Services/Applications in areas like POS & Billing, Sales & Distribution, Production Planning, Material Management, Inventory Control, Plant Maintenance, Purchasing, Accounting and Logistics. Dynamic Web Programming with Database Driven Content Management Systems, Online Stores for E-Commerce, B2B Solutions, Community Portals, Website Redesign and Development, Custom ERP with Enterprise Wide Functional Modules such as Marketing, CRM, Accounting, Inventory Control, Sales & Distribution, Production Planning, Purchase & Stores, Logistics and Supply Chain. Seek your further questions and help. Thank you, Best Regards, Jayapratap.
Closing the big sale Closing the big sale - Many entrepreneurs create a new invention with the hope of selling out or licensing their creation to a Fortune 500 company with deep pockets. Assuming that you have something truly unique and valuable, how do you approach the big companies so that they will take you seriously?
Re: Young entrepreneurs in the news Re: Young entrepreneurs in the news - Hi Barbara, It is good to be recognised, especially as the eyes are normally on the big companies like Fortune 500. Each of these companies started small once. Very often the big one get bigger by being taken over by a larger enterprise. Another thing, is it possible to know some other young entrepreneurs, who were under consideration to be publicly recognized? Like the Runner-up etc.


Share this article with your friends. Fund someone's dream.

Leave a comment below or share on the left and you'll help support entrepreneurs in Africa through our partnership with Kiva. Over $50,000 raised and counting - Please keep sharing! Learn more.



Featured Article


Bottom Footer
Share for a Cause












Newsletter

Get advice & tips from famous business
owners, new articles by entrepreneur
experts, my latest website updates, &
special sneak peaks at what's to come!
Name:
Email:
Popular Articles

Stay Employed In A Down Economy

Providing Feedback

Why We MUST Reinvent The Wheel

Suggestions

Email us your ideas on how to make our
website more valuable! Thank you Sharon
from Toronto Salsa Lessons / Classes for
your suggestions to make the newsletter
look like the website and profile younger
entrepreneurs like Jennifer Lopez.