Wealth: 7 Ways to revitalise your Business and Create future wealth
Wealth: 7 Ways to revitalise your Business and Create future wealth
1. Do something positive right now! - Stop reading, get a piece of paper and write down a small task that will contribute to one of your goals. Do it right away. It might be; backing up your data on your computer, writing a letter to an important customer or make a call to a partner relating to business. What ever it is you do, ensure that the positive outcome will be beneficial to your business. Do it now, this means no postponing and no delaying.
2. Set your personal and business goals for the next year! – This could be a revenue figure, a number of customers you want on your books or the number of leads you need to generate. Alternatively, you may wish to focus on profit goals and time off goals. The reason for goal setting is that it helps you stay focused, while having something to aim for. If you are feeling good about this, why not follow on with your 3, 5 and 10 year goals!
3. Decide on how you will reach you goals – develop a plan! – Some companies offer Strategic planning from a business and personal perspective. If you have the discipline, do it yourself. Take your goals, and look for ways you want to achieve them. Be a bit like a football coach. Create play moves that will help you and your team score.
4. How to put your plan to effective use! – Action part of your plan every day that will bring you closer to your goals. It doesn't have to be big - but if you have too many days between actions, your momentum will dwindle and eventually die. Sometimes, as a result of either your actions or an outside influence, you will need to alter your plan, such as the competitions defense being strong.
5. Actions speak louder than words! - Be decisive, nothing slows momentum more than indecision. Decide as quickly as possible and then take some immediate action to support the decision - no matter how trivial it seems.
6. Identify your strengths, compliment your weaknesses by hiring or outsourcing - When questioned on the secret of his greatness, Abraham Lincoln replied “It is not that I am great, rather I surround myself with great people”. Build a strong team of people with complimentary help you get things done more quickly and efficiently. If it does not make sense to hire full-time people to do things like accounting or sales & Marketing – outsource it. This way you only pay for the value of the service you get.
7. Have self belief, if you believe in yourself, so will others! – The converse is also true. How can a sales person discuss value of ownership with a customer if they don’t believe in it? If you are frustrated or discouraged, it will certainly be tough to build momentum. But if you are optimistic, things will happen more freely and your momentum will build.
These 7 steps, may not be the answer to all people, but by following these, you will have the chance to empower yourself, and thereby your business. This will give you the chance to start, resurrect or grow your business, to ensure you get the flow of profit that will leave you prosperous and happy.
Wealth 7 Ways to revitalise your Business and Create future wealth - To learn more about this author, visit Peter Lawless's Website.
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Just try it, follow these 7 steps, and see what they can do. For those of you who end up tipping the scales at the millionaire side of things, do drop me a line, I would love to hear the success stories.
1. Do something positive right now! - Stop reading, get a piece of paper and write down a small task that will contribute to one of your goals. Do it right away. It might be; backing up your data on your computer, writing a letter to an important customer or make a call to a partner relating to business. What ever it is you do, ensure that the positive outcome will be beneficial to your business. Do it now, this means no postponing and no delaying.
2. Set your personal and business goals for the next year! – This could be a revenue figure, a number of customers you want on your books or the number of leads you need to generate. Alternatively, you may wish to focus on profit goals and time off goals. The reason for goal setting is that it helps you stay focused, while having something to aim for. If you are feeling good about this, why not follow on with your 3, 5 and 10 year goals!
3. Decide on how you will reach you goals – develop a plan! – Some companies offer Strategic planning from a business and personal perspective. If you have the discipline, do it yourself. Take your goals, and look for ways you want to achieve them. Be a bit like a football coach. Create play moves that will help you and your team score.
4. How to put your plan to effective use! – Action part of your plan every day that will bring you closer to your goals. It doesn't have to be big - but if you have too many days between actions, your momentum will dwindle and eventually die. Sometimes, as a result of either your actions or an outside influence, you will need to alter your plan, such as the competitions defense being strong.
5. Actions speak louder than words! - Be decisive, nothing slows momentum more than indecision. Decide as quickly as possible and then take some immediate action to support the decision - no matter how trivial it seems.
6. Identify your strengths, compliment your weaknesses by hiring or outsourcing - When questioned on the secret of his greatness, Abraham Lincoln replied “It is not that I am great, rather I surround myself with great people”. Build a strong team of people with complimentary help you get things done more quickly and efficiently. If it does not make sense to hire full-time people to do things like accounting or sales & Marketing – outsource it. This way you only pay for the value of the service you get.
7. Have self belief, if you believe in yourself, so will others! – The converse is also true. How can a sales person discuss value of ownership with a customer if they don’t believe in it? If you are frustrated or discouraged, it will certainly be tough to build momentum. But if you are optimistic, things will happen more freely and your momentum will build.
These 7 steps, may not be the answer to all people, but by following these, you will have the chance to empower yourself, and thereby your business. This will give you the chance to start, resurrect or grow your business, to ensure you get the flow of profit that will leave you prosperous and happy.
Wealth 7 Ways to revitalise your Business and Create future wealth - To learn more about this author, visit Peter Lawless's Website.
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Dave KurlanDave Kurlan is the founder and CEO of Objective Management Group, Inc., the industry leader in sales assessments and sales force evaluations, and the CEO of David Kurlan & Associates, Inc., a consulting firm specializing in sales force development. Dave has been a top rated speaker at Inc. Magazine's Conference on Growing the Company, the Sales & Marketing Management Conference and the Gazelles Sales & Marketing Summit. He has been featured on radio and TV, including World Business Review with General Norman Schwarzkopf, in Inc. Magazine, Selling Power Magazine, Sales & Marketing Management Magazine and Incentive Magazine. He is the author of Mindless Selling and Baseline Selling – How to Become a Sales Superstar by Using What You Already Know about the Game of Baseball. He created and wrote STAR, a proprietary recruiting process for hiring great salespeople, and he writes Understanding the Sales Force, a popular business Blog and is a contributing author to The Death of 20th Century Selling and 101 Great Ways to Improve Your Life, Volume 2. - Visit Dave Kurlan's Website |
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David BarrDavid Barr is the President of Venture Opportunities, Inc. David has been a professional business broker/intermediary since 1980 focusing on General Business Brokerage and Mergers and Acquisitions representing client transaction value from $400,000 to $20,000,000. Mr. Barr has handled the sale of over four hundred and fifty companies. David earned a university degree from the State University of New York majoring in economics and business. David holds the Mergers and Acquisition Master Intermediary and the Certified Business Intermediary designations from the International Business Brokers Association. He is also a Senior Business Analyst and a Texas licensed Real Estate Agent. For more information about David and Venture Opportunities, visit www.bizdealmaker.com. - Visit David Barr's Website |
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