Your Mission Critical Business Growth Plan
There are many roadblocks and obstacles that stand between you and success. Running a business isn’t easy, but one thing that is for certain is that defeating your demons and overcoming those gremlins that stand in your way can be the hardest part of growing a business.
As entrepreneurs we expect to write out our business growth plan to include things like our marketing strategy, our customer service strategy, our cash flow strategy and our organizational development strategy. These are all important pieces to have in our business growth plans. However, in 100% of all the strategic plans I review from small business owners to CEO’s of mid-size companies, there is a chapter missing that in my opinion, is mission critical to have in place. That is — how do you plan on winning the battle of your mind? (more…)
Imagine for a moment the struggle and doubt the Wright brothers faced as they made attempt after attempt to create a “flying machine”. They financed their scheme with the proceeds from their bicycle shop, they toiled after work hours in oblivion. Later, when the brothers started to have some success with their flying efforts and gained notice from the press, Europeans accused them of lying. Others ridiculed them. It was a harebrained scheme and there were plenty of others with far more resources than they. What gave them the audacity to think they could out maneuver Dr. Samuel Langley, the Secretary of the Smithsonian who had both wealth and the NY Times covering his every move? (more…)
In a previous post, I shared my one line response to a popular question I am often asked — “What’s your advice on achieving fast business growth?”
“Never try to do it alone” is always my response.
If you enjoyed reading about the 3 powerful leadership principles that helped operations manager Beth to bring out the best in her people, here are 3 more powerful leadership principles from my coaching work with Bob.
Does your business feel like a roller coaster ride where sales are either at an exciting high or they’re at a panic level low? This pendulum is stressful on your cash flow. It’s also highly stressful on your mindset.
So, what can you do to build a customer pipeline so you can have a steady flow of new clients instead of living through spikes of feast or famine? Building a strong customer pipeline doesn’t have to be something all that complicated. It can be as simple as segmenting your interest groups from your customer groups. Then from there mapping out a sequence of offers to both groups that will entice them and invite them to move from no risk, to low risk offers.
Here are my 7 key stages to building a strong customer pipeline that you can implement right away into your business today: (more…)
Whether you are a small business owner generating a modest half a million dollars a year or the President of a $50 Million company or the CEO of a $500 Million company you probably at one time or another throughout the year have suffered from feeling inadequate.
No matter what level of success you have already accomplished your eye is always aimed at the next level of success you are striving to conquer. As Marshall Goldsmith’s popular book has so well articulated — What Got Your Here, Won’t Get You There. (more…)