PLANNING FOR SUCCESS – PART 1 – PURPOSE
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Free PDF Download BRUSH UP ON INTERVIEWING SKILLS - By Danny Creed |
This year was so bad…..”I ordered a burger at a fast food place and the kid behind the counter asked, “Can you afford fries with that?”
How was this year for you and your business? That’s the questions that every business owner is or should be asking themselves at this time of year. Unfortunately a very high percentage of business owners are afraid of the answer so the questions are avoided.
Now is the time that you must, however face the facts. Did I have a good year? Did I have a bad year? What did I do right? What did I do wrong? What can I do better?
Now is the time to ask the question and begin planning. The time to begin planning is not mid January, it is now. This will be the first in a series of articles on planning for growth and additional success in business and your personal life.
One of my favorite quotes comes from John Richardson, American author and academic. Mr. Richardson said in 1938, “When it comes to the future there are three kinds of people: Those who let it happen; those who make it happen; and those who wonder what happened.”
Which one are you?
There are an estimated two million business start-ups annually, 80% will fail in two years or less. 86% of all businesses are operating below their potential of sales and profitability. The fact is that most entrepreneurs have not really started a business, but created a job for themselves. A job where they are working harder, for longer hours and for less pay!
According to “autopsies” conducted on failed businesses by accounting and consulting firms the top seven reasons companies fail are:
1.) Lack of Direction and goals
2.) Impatience – They want too much too soon
3.) Greed
4.) Poor cost control
5.) Poor quality of product
6.) Insufficient capitol
7.) Insufficient sales
Almost all of these points come back to a significant lack of planning. So it’s time to plan beginning now…beginning today. Otherwise you may end next year wondering what happened….again!
(Next: PLANNING FOR SUCCESS – PART 2 – CLARITY)
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Free PDF Download BRUSH UP ON INTERVIEWING SKILLS - By Danny Creed |
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About the Author: Danny Creed RSS for Danny's articles - Visit Danny's website Business Coach Dan Creed offers “Business Coaching for Serious Achievers”. The clients of Coach Dan are hard working, high level achievers that are driven to find the next level of achievement. Coach Dan is an expert and committed listener who will focus on truly understanding each clients’ needs, goals and vision. Then with this understanding create a customized plan to execute and complete their vision. What Coach Dan does is not right for everyone, but for those few that truly want something better out of life and business; this will be their last stop. Coach Dan clients experience a ROI much greater than traditional business coaching. This “enhanced” business coaching is many times a life changing experience. Coach Dan understands that success can be measured through emotional results as much as hard line numbers. His clients benefit from his over 35 years of "street smarts" acquired through 13 start-up businesses and domestic and foreign C-Level sales and marketing experience. Coach Dan features a client list that includes business owners and executives of very small startup companies to very large, multi-million dollar, privately held family owned companies; tier 1 professional service providers (dentists; chiropractors; legal professionals, etc. and entrepreneurs. Danny P. Creed is an award winning Business Coach, Business development expert, Author, highly sought workshop and keynote speaker and Business Coach recruiter for FocalPoint Business Coaching International. Dan is the three time, winner of the Brian Tracy Award of Excellence/Coach of The Year for FocalPoint Coaching International (2008,2009 & 2010), and the 2010 winner of FocalPoint Coaching Practice of the Year. Click here to visit Danny's website. Success BELIEVE IT OR NOT TIME TIME TIME IS NOT ON MY SIDE ARE YOU COMMITTED TO SUCCESS The 12 Rules of Problem Solving How to Avoid Common Business Mistakes |
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