For millions of graduating students, this time of year brings an end to familiar surroundings and leads to brand new beginnings in just a few short months. This transition period is not unlike a new entrepreneur starting up a business or a seasoned business owner trying new projects, a new ... Views: 6615
There are a variety of ways to create demand for your products and services. Most new entrepreneurs forget the defining elements that start creating demand. Try these elements with their corresponding action steps to increase interest in your products/services.
1. Be very clear on your ... Views: 5477
The failure rate of organizational change initiatives is estimated between 50 to 70 percent. Many common reasons for this failure rate include lack of organizational infrastructure, unclear direction and focus, lack of resources, and underdeveloped training, and sustainability strategies. So ... Views: 3955
The failure rate of organizational change initiatives is estimated between 50 to 70 percent. Many common reasons for this failure rate include lack of organizational infrastructure, unclear direction and focus, lack of resources, and underdeveloped training, and sustainability strategies. So ... Views: 3955
Have you ever thought you closed on a sale only to have it fall apart? Maybe you interacted with others on a project and wondered how the communication could break down so quickly? In either case, you’re left with a big question mark above your head speculating on what went wrong.
The ... Views: 3732
Have you ever been stopped by fear – fear of conflict, fear of taking risks or fear of failure? The problem is, it is innate for some people and holds them back from doing what it takes to get more clients and create a life and business of their dreams. We’re all naturally hardwired a certain ... Views: 3708
Given that the average new entrepreneur puts in over 60 hours per week and has family responsibilities to consider, you may experience goal conflicts in your life. This conflict could be a recipe for burnout if you’re unclear about your direction and what it takes to get there.
First, it ... Views: 3624
The concept of the Mastermind was made famous by Napoleon Hill about 100 years ago. In his classic book, "Think and Grow Rich", he wrote about the Mastermind principle as "the coordination of knowledge and effort of two or more people, who work toward a definite purpose, in the spirit of ... Views: 3584
When you engage in a coordination of knowledge from people who are united in achieving a defined goal, the outcome can be so powerful and riveting. I’ve been a part of and have facilitated many Masterminds over the years. After just one year in one of my Mastermind programs, one of my clients ... Views: 3573
Frequently, small business owners are excited to build their business, but often have lulls in their motivation. What most people don’t realize is that you derive your motivation from your natural hardwiring. When you create awareness about your natural hardwiring, you will be able to tell ... Views: 3474
It is estimated that over 395,000 new businesses each month are started in the U.S. alone. For many new business owners they enter entrepreneurship with the intention of making money.
They even take the necessary steps to make it into a business, including filing all of the necessary ... Views: 2694
Many people have a belief that they need a lot of money and need to purchase expensive equipment to start, run or expand a profitable business. Not true. The truth is for many businesses you don’t need a lot of money or purchase expensive equipment to run or expand a profitable business. ... Views: 2689
After working with so many entrepreneurs over the years, I found that many people take a bits-and-pieces approach to their business. I recognize it, because I used the same approach when I started my own business many years ago.
When I first launched my business, I would wake up and wonder ... Views: 2610
The Architect of Your Destiny is Yourself
How do you get to the next level? This is a question I often get from the entrepreneurs I work with. Whether it is a five figure entrepreneur who wants to go to six figures or six to seven figures, I always think of some of the quotes of the wise ... Views: 2525
It can be frustrating when you invest your time and energy on potential clients who have requested information but haven’t responded back. You’ve heard that expression, if you do what you’ve always done, you’ll always get what you always got. This request-response-wait model is time consuming ... Views: 2294
Six months into your fiscal year is a half way point for many small business owners to assess their performance compared to the goals and objectives that they set at the beginning of the year. This intermediate assessment acts as a pivotal point in time to determine whether or not your plans ... Views: 2271
Every workplace has them, that annoying co-worker. But how do you address the issue without alienating the person? While every situation is different, there are three tried-and-true Total Quality Key Principles to use in effective interaction.
Maintain or enhance self-esteem of others.
When ... Views: 2217
Procrastination can be detrimental to an entrepreneur’s productivity and business growth. It sidelines a project or product going to market. Everyone has a certain activity they choose instead of the project they should be working on. Once you identify those procrastination pitfalls, it’s a ... Views: 2104
Whatever you’re selling, you must reach out to a decision maker. All kinds of selling techniques are used, but the bottom line is decision makers are people. They have identifiable needs, preferences, and even motivations for what they buy. They have goals, dreams and hopes.
That couldn’t ... Views: 2092
In its simplest form, communication in business is conveying a message through a channel. It can link ideas and things and is a mechanism for connectivity and interaction. Communication is expressed in words, pictures, gestures, signals, and colors. In its most basic context, there is a ... Views: 2043
While driving down the freeway gazing at the car in front, I noticed its bumper sticker: “If nothing changes, nothing changes.” It’s true, if we continue to think and behave in the same way, we will continue to get the same results.
Scientific research shows that when you carry out ... Views: 2033
On average you have a total of five seconds to make a good impression when you meet individuals. Consider how quickly that five seconds goes by especially when you’re talking to a new prospect, on an interview, or meeting your date for the first time!
Talk about pressure!
Would having a ... Views: 1975
It has been estimated that 9 out of 10 sales training courses have no lasting impact after just three months. That’s really unfortunate since many business owners spend thousands of dollars on sales training each year.
With a significantly high failure rate, that’s a major cut into your ... Views: 1913
With Spring around the corner, the ground is thawing and seedlings are sprouting up from the soil. It raises the question: What’s your plan for growth?
Like cultivating your garden for growth, successful entrepreneurs realize that what is happening on the inside will always be reflected on ... Views: 1873
As your business moves from the start up to the second stage, you will find your business can only grow if you leverage yourself. That means you may need to add to your team.
Yet, hiring someone is one of the more tricky aspects of running a business. According to Forbes magazine, almost 46% ... Views: 1834
Your mindset is your internal mental attitude and influences the way you view life, relationships and your business. It determines how you interpret and respond to situations and can completely transform how you perceive the world.
Your mindset can also influence if others decide to do ... Views: 1833
If you want to become a masterful strategic networker, you have to be the one that makes it happen and that means taking a proactive approach to referral marketing. “Don’t wait for the good luck referral. Good luck if you get one, good luck if the person referred to you will talk to you, and ... Views: 1818
Have you ever made a commitment that didn’t stick? Perhaps you resolved to begin a new exercise regime but stopped it after week one. You may have even resolved to draw in more clients, but didn’t invest in yourself to learn about the latest marketing or networking techniques. Maybe you even ... Views: 1811
Isn’t it interesting that we know each individual has a different style of communicating and doing things, but many people never really realize why that is? Yet, when we realize how individuals behave, we can be more effective in providing information the way the other person wants to receive ... Views: 1792
Have you ever wondered why you can be completely energized one day and completely drained on another day?
There are certain activities in your environment that will energize you and certain other activities that will drain you. The reason you’re energized (or not) is tied directly to your ... Views: 1767
There are a number of elements to consider when setting up a business, but time and time again I see entrepreneurs struggling with the very thing that describes how their business will create, deliver and capture value: their business model. According to Wikipedia, “[t]he term business model ... Views: 1678
Whether you’re starting up your business or have been in business a while, you must be exact to attract your ideal clients. However, when the going gets rough small business owners cast a wide net hoping to pull in someone. They quickly become disappointed when their prospect pipeline dries ... Views: 1671
One of the biggest challenges for today’s small business owner is that there is a volume of information that’s out there and your prospective clients are bombarded with that information every day. Today’s small business owner needs to be more laser focused than ever to target their market ... Views: 1663
Social media marketing is a process of creating relationships and is a compelling strategy that gets you links, attention, and traffic. Once you’ve determined your goals and targeted audience, how you execute your strategy makes the difference between social media success or social media ... Views: 1630
One of the best strategies to quickly establish credibility, get known, and differentiate yourself in the marketplace is to share your signature story. A signature story is your own personal account of how you got to where you are today or how you transitioned into your chosen ... Views: 1624
Does it seem impossible to work less and earn more? In order to get more done, it has probably been ingrained that you need to invest more time. You might have even gotten into a habit of working 12 or more hours a day, perhaps because you think you’ll be viewed as more accomplished than your ... Views: 1569
I love to watch movies any chance I get. Recently, I watched the 2006 movie, The Pursuit of Happyness, a rags-to-riches story based on the autobiographical book of the same name, written by Chris Gardner. The movie chronicles how Chris Gardner, despite all odds, makes it from down-and-out ... Views: 1533
I don't know about you, but shopping is not on my list of enjoyable past times. I think I'm one of only a few women on this planet who actually does not like to shop. When I do shop, I go in, get what I need, and get out.
Apparently, when it comes to shopping during the holidays, it's ... Views: 1529
Making business decisions are the most important function of any business owner. Throughout each day we make thousands of decisions and many are made instinctively and others learned through habits.
For many business owners, however, they get stuck on the fence. Staying on the fence ... Views: 1509
Originally a maritime reference, the phrase “steady as she goes” referred to the ships that navigated difficult waters. It was important to keep the ship steady so that it didn’t take on water.
The old ships would sail along especially well in predictive seas. The first sign of ... Views: 1472
One of the great equalizers for small businesses is that commerce continues to evolve and grow on the internet. According to the Census Bureau of the Department of Commerce, “e-commerce grew faster than total economic activity…” While many naysayers are hyping the worst economic conditions ... Views: 1448
When you think of the end of the year, what do you think of? Most small business owners think of taxes. It’s not only a good time to analyze, but also plan ahead for the next year.
Since I developed a business blueprint complete with identified metrics, it’s easy to see how I’ve done ... Views: 1421
You know you would like to do it, but you don’t know how.
You want to get started, but think it’s too complicated.
You wonder if the time you invest in it, is really worth it.
What is it?
Blogging.
Blogging is a type of article marketing and is often written more informally. Blogs can be ... Views: 1412
When building your business, the fastest way to leverage it is through systems. If you don’t have systems in place, you’ll also miss out on creating maximum profitability for your business.
When my students first work with me, they think they have their accounting system in place because they ... Views: 1403
As I was catching up on my reading with Inc. Magazine, I noticed a familiar quote in the article, 50 Inspiring Quotes on How to Start a Company from Scratch by Contributing Editor, John Brandon.
"8. The problem is that many entrepreneurs start with good intentions to create a new mindset ... Views: 1402
According to the National Institute for Occupational Safety and Health, American companies spend $300 billion every year on stress-related work issues like reduced productivity, absenteeism, health insurance costs, direct medical expenses and employee turnover.
With everyone doing more ... Views: 1401
No matter how beautifully executed a plan, there are bound to be things that just don’t happen quite how you envisioned. Not so long ago, I implemented a brand new webinar.
A few hours prior to the webinar, we discovered the technology was not going to work as planned. Just prior to the ... Views: 1401
There’s an old folktale called Chicken Little. It’s a story about a chicken who believed the world was coming to an end all because an acorn fell on his head. Throughout the story, he kept shouting, “the sky is falling!”
On his way to see the King to tell him his findings, he focused on ... Views: 1395
In baseball, there are special rules called ground rules. Ground rules are particular to each park in which the game is played. In baseball, each park is different relative to its positioning of fences, dugouts, railings, and other infrastructures. So rules are defined to handle situations ... Views: 1390
The path to growth is often not a course in adding or obtaining something, but of removal or letting go. We’re bombarded every day to produce, expand and accumulate more. All of this has its place; however, it’s opposite - learning to let go - is a hidden key to growing personally and ... Views: 1378
When your business starts to grow beyond start up and into second stage, you’ll need to expand your capacity to take on more. If you’re thinking how that can be possible when your day is already overfilled, then something needs to change.
If you’re constantly delaying decisions or putting off ... Views: 1377