We’ve just launched seven powerful business growth strategy videos that will help you attract more clients, drive more cash and grow your business even in this recession! You can receive them for free by going here…
Here’s what you’ll learn in these seven free videos …
* The Right Mindset To Grow Your Business - Using The Natural Laws of The Universe
* Attract More Clients - Discover The Ideal Client That Will Make You Wealthy
* Automatic Wealth - Using The Unlimited Potential of Your Sub Conscious Mind
* Your Client’s Decision Making Process - Finding The “Hot Buttons” That Compel Your Prospects To Buy From You
* Accelerating Your Manifestation - The Neural Reconditioning Process
* Elevator Pitch - What To Say In Less Than 10 Seconds That Move Your Prospects To Buy What You Sell
*Marketing That Works - How To Create Competition-Crushing Marketing
It’s so interesting how people procrastinate. We received almost as many marketing tip submissions the day after the deadline as we did the whole 3 weeks prior…why do people wait? If you want to change your results you must change your actions. Check out this video to see if you still have a chance to get your submission in.
Here are 2 of the latest marketing tip submissions from our contest. You can get more tips, or enter your own for the chance to be published in our upcoming book ‘Small Business Marketing on a Milk Money Budget’ 365 Powerful, Cutting-Edge—and Affordable—Marketing Tactics
Every Small Business Owner Needs to Know. Watch this video and find out!
or the 80/20 rule, John explains that in order to grow your revenues and profits you CANNOT allocate the same amount of time to all of your business activities.
“Suppose your business has 50 different activities, such as sales, marketing, operations, finance, research, customer service and so on. According to the Pareto Principle, 20 percent of those activities will generate 80 percent of your revenues. Conversely, 80 percent of those activities will generate only 20 percent of your revenues. Doing the math shows that 10 out of the 50 activities will produce four-fifths of all the income your business generates.
Now, assume that your business takes in $100,000 a month. According to the Pareto Principle, 10 of your 50 activities would account for $80,000 of your monthly revenue, which works out to $8,000 per activity. Conversely, 40 of the activities would produce only $20,000 each month, which pencils out to a paltry $500 per activity. Sixteen times 500 equals 8,000, so your top 10 revenue-producing activities are 16 times more effective than the bottom 40.
Suppose you took it even further and moved the 80/20 ratio to 90/10, so that only 10 percent of your activities produced 90 percent of your revenues. That would make you 81 times more effective than you currently are. Merely by focusing your time and attention on the five or ten activities that have the highest impact on your business, you can increase your revenues and income by 16 to 81 times!
, and you can also email me for an accompanying activity worksheet so you can start implementing this strategy and growing your revenues by 16 times right now!! spencer@worksmartla.com
You’ve heard the saying, ‘treat something like a hobby, it will pay you like a hobby’. If networking is going to be one of your strategies to growing your business - treat it like a strategy! Don’t be an amatuer…
BNI founder and chairman, Dr. Ivan Misner, leads the world’s largest referral organization for business owners, and professionals. It’s sole purpose is the referral network strategy.
The key to networking? You MUST set obtainable goals and objectives. Often times, people attending a networking event will set the objective of ‘what time am I going to leave…’ Well, your results will reflect that - so make a change! Be specific, put some measurable numbers to it…how many events will I attend per week, how many people am I going to meet, what type of contacts am I looking for.
In a recent interview with Dr. Ivan Misner, he reveals the top 10 traits of a master networker;
10. Dedicated to working in their network; be an expert and effectively work your network.
9. Sincerity; be completely sincere and connected with the people in your network.
8. Helpfulness; enact ‘givers gain’ or ‘the law of reciprocity, be willing to give before you receive.
There’s a wide mis-conception that the more hard work you put into something the better result you will achieve - and as in running a business, working harder should help you to avoid bankruptcy, right? Wrong. The correct way to achieving better results in your business is to work smarter, not harder!
As in a recent article I read on MSNBC.com titled ‘
Sandy Tacchino of Fresno, California never would have thought she would be in jeopardy with her business, Little Dreamers, a children’s clothing boutique. Determined to succeed, Tacchino like many driven entrepreneurs held the belief that grinding away day after day and continuing to work harder would end in an American success story, not a failure.
“I think we never really considered [bankruptcy] as an option because [our business] was a great idea, so who wouldn’t love our store?” she said.
Herein lies the problem- Like Tacchino, most first time entrepreneurs go in to business thinking that everyone will want their product. But unfortunately, no matter what it is you are selling, you will never be able to sell to everyone Norbit dvdrip . And if you are marketing to everyone, you are most likely going to capture no one.
You must be crystal clear on exactly who it is that wants what you have to sell- not needs, but wants
. We don’t buy the things we need, we buy the things that we want.
For instance, I need to get my haircut regularly. But I want a place that is convenient, fast, reasonably priced and has appointments when I need them. My wife, however, also needs haircuts, be she wants a place that is chic, in the right part of town, has the best stylists and doesn’t mind making an appointment four weeks in advance. See the difference. Same need, two very different wants.
Find out what your customer wants and market specifically to those wants and you will be on a much better path to avoiding bankruptcy and filling your bank account.
There is a big difference between can’ts and won’ts- I’m talking about wont’s - What task do you have on your list that you just will NOT complete?
I was reviewing my list the other day and realized that the same one item just sits there week after week. I keep transferring it on to new “To Do” lists and I keep conveniently avoiding it. What is going on that I will not just sit down and tackle this item on my list? After some consideration, I see what is at the root of my denial….it’s fear.
I am not afraid that I can’t accomplish the task, or I that I won’t know how to do it, I am afraid of the change it will cause. Now the most ridiculous thing about that statement is that the change I am referring to, is for the good! Accomplishing this “To Do” will bring me more clients, more profits and will grow my business. But change, no matter how good it is, is not always easy.
Did you know that nearly 1/3 multimillion dollar lottery winners become bankrupt in just a few short years after they’re big win?
Or that 95% of all weight loss patients regain their weight plus some within 5 years?
