What are your business goals?
Business Coach, Jim Malski featured on Channel 12 News - click on the image below to watch the video
What are your business goals? Jim Malski – Channel 12 On The Money discusses what questions small business owners should be asking themselves.
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Business Innovation – Thriving in Adversity
Filed under: Business Coaching, Business Development, Business Idea, Uncategorized, business advice
Successful Business Owners Look to Innovate
Many multi-billion dollar companies were founded in a recession such as Disney, Microsoft, GE, Trader Joes, Hewlett Packard and CNN just to name a few.
Recessions, however, aren’t advantageous only to start-ups. Some companies take advantage of the tough times. They take a step back and really try to figure out how to improve on products, services and processes to gain ground. They don’t wait for the economy to turn around, they take the bull by the horns and make the changes necessary to succeed.
To this end, some more recent examples of successes are that of Google, PayPal, Starbucks and Salesforce.com.
In Starbucks case – they are maximizing their sales by selling Seattle’s Best, a competitor company they acquired 7 years ago, in fast-food outlets, supermarkets and coffee houses. They have expanded their brand into other outlets.
What can you do to expand your brand?
Other companies try to reach out to their employees for innovative ideas. This keeps the employees engaged, involved and creative even when morale is low. Some business owners reach out to others outside of the company such as business coaches. Business coaches can provide an unbiased opinion as well as become a source of proven strategies and systems that can lead to increased sales.
What are you doing to increase your sales?
Successful leaders and owners of companies know that its all about innovation and learning. So attending seminars, conferences and keeping up to date on what their competitors are doing makes a huge difference.
Remember that your competition has most likely weakened when times are tough. Now it’s your time to market excessively, innovate and potentially acquire and expand.
What are you doing to market your business?
Smart business owners and companies will continue to apply the lessons they learned in the tough times even when the economy picks up. They continue to make cost-effective and time-saving processes a priority at all times and they never loose sight of innovation.
Are you looking at ways you can improve your business?
To make a difference in your business you have to change the way you do things. It begins by attending one of our profit building seminars.
To get started today click the link above. We look forward to helping you grow your business and making the kind of money you always thought possible
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