Hello everyone,
As I like to support fellow bloggers, I have been following a couple business-based blogs for the past couple months and have decided to add them to my blog roll as they provide great information. I believe business owners will find what they have to contribute very helpful.
They are:
Rescue Marketing
Weakest Link Consulting
Both provide insights, advice, and raise awareness about happenings in the business world.
~the GURU
Showing posts with label Success. Show all posts
Showing posts with label Success. Show all posts
Thursday, June 19, 2008
Monday, November 26, 2007
Top Carolina Companies... [YOUR NAME HERE] continued..
Well, I hope everyone had a great Thanksgiving. It is amazing how the holidays always take up more time than expected. Thus, my posts have been slow. This entry will close up the general takings a small business owner should follow/the mindset to begin to forge a successful business.
So, the last post touched upon the passion, goals, ability to look forward, and creativity all required to move the business in the right direction. Here are some other traits and practices to embrace:
1) Focus and Discipline
A driven small business owner who yearns to be successful has to have the focus and discipline to remain on course. There are thousands of distractions that we face everyday and you have to have your filters on. Stop checking your email every 10 seconds, turn off your blackberry, or your "crackberry", stop taking the 2 hour lunch. While these mediums do help remain in touch, they are distractions. When you are designing the newest product, drawing up budgets, reflecting on the business, or trying to devise the newest strategy, having distractions ruin the thought process. Know when to say enough is enough. Stay on course.
2) Write It Down
Our minds are beautiful mechanisms. We can remember experiences, information, and a plethora of other things, but always seem to forget that hot idea we had a few minutes ago or that we had last week. Do what I do, the moment something pops in my head, I write it down. You may think it is silly what you jot down, but upon reflecting on it or seeing how it fits in with other aspects of the business, you may be surprised. Even if it is absolutely nuts, write it down. Where do you think creativity comes from? You may think its nuts solely because it has never been done before.... how about you bring it to life?!!
3) Hire an Employee or Employees
After the business gains a little momentum, hire someone. Yes, it can be a financial undertaking, but do a cost-benefit analysis. A small business owner needs to focus his/her efforts on the bigger tasks, stop manning the phones or filing papers away. By having another body to help with the workload work can be done much faster and one can continue to drive the business to new heights. Why waste time sorting through junk mail when you could be reacting to the newest trends?
4) Put in the Effort
I cannot stress this enough. You reap what you sow. If you do not put in the time, you will not see the benefits. Be willing to try something new. Be willing to ask for help. Never let pride get in the way of trying to learn something new. There are times when I have been reluctant to ask a question because I thought everyone else knew it and I would look stupid and uneducated. But, I quickly learned, other people had the same questions, and I benefited from either clarifying the subject matter or learning something new. You do not know everything. As soon as you know that, and
Now, the most important advice I can bestow upon you....
5) HAVE FUN!!
Think about it... You are creating something no one has ever created before. Yes, there are businesses similar to yours, but not run the exact same way you run things. This business is your baby. It has your genes. You raise it the way you want to. But, never lose sight of why started it. Whether it is to make millions of dollars, make a name for yourself, or simply help provide a service to better consumers, have fun with it. Life is too short to make the business a drag and downer. Here is what you are apart of:
Small Business Effects on the Economy
-The estimated 25.8 million small businesses in the United States:
-Have generated 60 to 80 percent of net new jobs annually over the last decade
-Employ 50.6 percent of the country’s private sector workforce
-Represent 97 percent of all the exporters of goods
-Represent 99.7 percent of all employer firms
-Generate a majority of the innovations that come from United States companies
Source: U.S. Small Business Administration, June 2006.
In closing, a perfect analogy is the following commercial:
Replace the word "body" with "business" and it comes full circle. Listen to this commercial. Every word means something. Make your business a finely tuned machine. You can do whatever you want with your business. But, I already know you have the passion and drive to continue to grow and nurture your business even more because you kept reading my words to this point. Now, let's you and I act...
~The GURU
So, the last post touched upon the passion, goals, ability to look forward, and creativity all required to move the business in the right direction. Here are some other traits and practices to embrace:
1) Focus and Discipline
A driven small business owner who yearns to be successful has to have the focus and discipline to remain on course. There are thousands of distractions that we face everyday and you have to have your filters on. Stop checking your email every 10 seconds, turn off your blackberry, or your "crackberry", stop taking the 2 hour lunch. While these mediums do help remain in touch, they are distractions. When you are designing the newest product, drawing up budgets, reflecting on the business, or trying to devise the newest strategy, having distractions ruin the thought process. Know when to say enough is enough. Stay on course.
2) Write It Down
Our minds are beautiful mechanisms. We can remember experiences, information, and a plethora of other things, but always seem to forget that hot idea we had a few minutes ago or that we had last week. Do what I do, the moment something pops in my head, I write it down. You may think it is silly what you jot down, but upon reflecting on it or seeing how it fits in with other aspects of the business, you may be surprised. Even if it is absolutely nuts, write it down. Where do you think creativity comes from? You may think its nuts solely because it has never been done before.... how about you bring it to life?!!
3) Hire an Employee or Employees
After the business gains a little momentum, hire someone. Yes, it can be a financial undertaking, but do a cost-benefit analysis. A small business owner needs to focus his/her efforts on the bigger tasks, stop manning the phones or filing papers away. By having another body to help with the workload work can be done much faster and one can continue to drive the business to new heights. Why waste time sorting through junk mail when you could be reacting to the newest trends?
4) Put in the Effort
I cannot stress this enough. You reap what you sow. If you do not put in the time, you will not see the benefits. Be willing to try something new. Be willing to ask for help. Never let pride get in the way of trying to learn something new. There are times when I have been reluctant to ask a question because I thought everyone else knew it and I would look stupid and uneducated. But, I quickly learned, other people had the same questions, and I benefited from either clarifying the subject matter or learning something new. You do not know everything. As soon as you know that, and
learn to ask questions, and lots of them, you will learn a lot.
Now, the most important advice I can bestow upon you....
5) HAVE FUN!!
Think about it... You are creating something no one has ever created before. Yes, there are businesses similar to yours, but not run the exact same way you run things. This business is your baby. It has your genes. You raise it the way you want to. But, never lose sight of why started it. Whether it is to make millions of dollars, make a name for yourself, or simply help provide a service to better consumers, have fun with it. Life is too short to make the business a drag and downer. Here is what you are apart of:
Small Business Effects on the Economy
-The estimated 25.8 million small businesses in the United States:
-Have generated 60 to 80 percent of net new jobs annually over the last decade
-Employ 50.6 percent of the country’s private sector workforce
-Represent 97 percent of all the exporters of goods
-Represent 99.7 percent of all employer firms
-Generate a majority of the innovations that come from United States companies
Source: U.S. Small Business Administration, June 2006.
In closing, a perfect analogy is the following commercial:
Replace the word "body" with "business" and it comes full circle. Listen to this commercial. Every word means something. Make your business a finely tuned machine. You can do whatever you want with your business. But, I already know you have the passion and drive to continue to grow and nurture your business even more because you kept reading my words to this point. Now, let's you and I act...
~The GURU
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Friday, November 9, 2007
Report on Carolina's Top 100 Companies....... [Your Name HERE..]
The Carolinas 100:Manufacturing still matters
Key sector has shed tons of jobs in N.C., but the industry is transforming into a lean, skilled force
(link: http://www.charlotte.com/carolinas100/story/145623.html)
As I spend my Friday evening reflecting on the past week's occurrences, this article strikes a chord with me. Even though the article speaks heavily about manufacturing, you and I can change that demographic. It won't happen overnight, but we can. Therefore, I ask you three simple questions:
1) Are you on this list?
2) Why / Why not?
3) Do you desire to?
All these top businesses most likely were created in the musty basement of a dreamer. Someone who wanted to bring their ideas to life and create an entity that made a difference in the world. Whether you have been in business for a couple months or for a couple decades and have not seen the gains you yearn for, read on and see how you can begin to achieve what you wanted when you first stubbed your toe on the table corner or slipped in the shower and the business idea popped into your mind.
Repeat these words over and over again, "NOTHING IS IMPOSSIBLE", "NOTHING IS FAR-FETCHED".
At first, everything may seem overwhelming, but you need to take it a step at a time. Don't worry about all the financially details. Those will come.
Getting Off the Ground
Ask yourself, "How can I make this set back into an opportunity?"
4) CREATIVITY
You never, ever, EVER, know when an idea will strike. The idea to start making a blog for my customers popped into my head one night and I didn't sleep for the next week because my mind was overflowing with ideas and I had to write them all down.
I didn't sleep for the next week...my mind was overflowing with ideas"
Key sector has shed tons of jobs in N.C., but the industry is transforming into a lean, skilled force
(link: http://www.charlotte.com/carolinas100/story/145623.html)
As I spend my Friday evening reflecting on the past week's occurrences, this article strikes a chord with me. Even though the article speaks heavily about manufacturing, you and I can change that demographic. It won't happen overnight, but we can. Therefore, I ask you three simple questions:
1) Are you on this list?
2) Why / Why not?
3) Do you desire to?
All these top businesses most likely were created in the musty basement of a dreamer. Someone who wanted to bring their ideas to life and create an entity that made a difference in the world. Whether you have been in business for a couple months or for a couple decades and have not seen the gains you yearn for, read on and see how you can begin to achieve what you wanted when you first stubbed your toe on the table corner or slipped in the shower and the business idea popped into your mind.
Repeat these words over and over again, "NOTHING IS IMPOSSIBLE", "NOTHING IS FAR-FETCHED".
At first, everything may seem overwhelming, but you need to take it a step at a time. Don't worry about all the financially details. Those will come.
Getting Off the Ground
1) Passion
You first have to zero-in on your passion. It is your passion that drives your success. Your passion shows through when you are in the meeting with investors. By simply being excited about your dream and having sound models and plans, you can rope in the capital soon enough, but it all starts first with an idea. It is not going to spring up over night. These are NOT weeds, but delicate flowers that, if properly and finely raised blossom into some of the most beautiful and extravagant things.
2) Goals
You have to set them for yourself. It cannot simply be: "I want to sell a few of my products/ services. You need to have QUANTIFIABLE and MEASURABLE check points. Write them down. Hold them close.
3) Looking Forward
There will be steps backwards and falters, but take them as learning experiences. Ask yourself, "How can I transform this set back into an opportunity?" If you can do that, you will NEVER suffer any loss.
You first have to zero-in on your passion. It is your passion that drives your success. Your passion shows through when you are in the meeting with investors. By simply being excited about your dream and having sound models and plans, you can rope in the capital soon enough, but it all starts first with an idea. It is not going to spring up over night. These are NOT weeds, but delicate flowers that, if properly and finely raised blossom into some of the most beautiful and extravagant things.
2) Goals
You have to set them for yourself. It cannot simply be: "I want to sell a few of my products/ services. You need to have QUANTIFIABLE and MEASURABLE check points. Write them down. Hold them close.
3) Looking Forward
There will be steps backwards and falters, but take them as learning experiences. Ask yourself, "How can I transform this set back into an opportunity?" If you can do that, you will NEVER suffer any loss.
Ask yourself, "How can I make this set back into an opportunity?"
4) CREATIVITY
You never, ever, EVER, know when an idea will strike. The idea to start making a blog for my customers popped into my head one night and I didn't sleep for the next week because my mind was overflowing with ideas and I had to write them all down.
Thus far we have started to uncover the initial processes one should begin to consider. If you noticed, a lot of what I spoke about deals with mental strength and fortitude. Know in your mind that you can do whatever you want and have so many resources at your finger tips. Your greatest limiter is most likely yourself, but your greater success tool is yourself.
Go out, dream it, and let's you and me start to make it a reality!
In efforts to keep this entry from being screen after screen, I will end it here and continue it in a couple days. In the next entry, we will discuss customers, target markets, and understand the grand scheme of small business dreams.
~The GURU
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