Archive for January, 2009
Innovate And Grow Your Business Through The Recession
NOW is the perfect time to “introduce something new” to your business. While your competitors are trying to figure out “what happened” with the recession, or while they remain preoccupied with trying to stay in business, your business could be growing through the downturn by innovating.
Most businesses today are overly focused on just trying to keep the doors open. Very few are (yet) trying to solve the business problems that will help them thrive through this economic downturn. The few business owners that are smart enough to innovate now will lead the way through the recession. To do this, they will have to learn what the Blue Tit knows.
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Resolve Your Hidden Conflicts And Grow Your Business
Every so often I run into a business that screams “GROWTH POTENTIAL!”, but when the owners reveal that the business has been around for 20 years I find myself asking, “Why aren’t they living the lifestyles of their dreams already?” Of course, there can be many reasons why a company might not grow to realize its potential, but there are two reasons that stand out in my mind as fixable:
(1) Conflicting priorities and (2) Conflicting metrics.
Simply put, many underachieving businesses suffer from conflicting priorities and conflicting metrics, and those conflicts decrease the performance of the business. We will examine the “diseases” of the conflicting priorities and conflicting metrics through the life of “John, the business owner.”
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Re- Start Your Business! The First Thing You Should Do In 2009
If you experienced 2008 as business person, then you know that the world has changed, and that we all had better change too if we plan to survive… in business. The bursting of the housing bubble, the collapse of the exotic financing market, the continued emergence of Web 2.0, and the evolution of mobile computing all contributed to significant changes in 2008.
Technology and the internet continue to remain at the core of business change by enabling change to happen faster, and by supporting larger transactions that cause more extreme fluctuations when things don’t go quite right.
Technology and the internet also make it easier for the little guy to compete by making sophisticated tools available to the average business, and thereby leveling the playing field. All of these changes support a shift in the power relationship among businesses, their competitors and their customers. In this article we are going to Introduce you to the tools to re- start your business.
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