July 8, 2011

Essential Mechanics of a World-Class Business

Investing in your future business needs may seem silly to some when all we really want is the phone to ring and the leads to convert to sales.  However, without a proper foundation it’s difficult to fully capitalize on all the marketing and lead generation that’s being done.  Investing in creating the essential mechanics for our business will ensure that we are getting the most out of our time and dollars.

Here are some of the common mistakes that can derail success and the solution to get on track to having what you want in a business:

1                    Lack of clarity – Not knowing where we’re going will get us now where fast.  You can’t take a client out to see a house without having directions on how to get there.  Likewise you can create a successful, sustainable business without knowing where you want to get to. 

Solution:  Get clear about what you want to achieve, document it, review it and crystallize your vision.

2                    Fighting fires instead of building empires – If you’re constantly running from one emergency to another, you’re not able to build your business to work for you.  Not to mention the mental and physical fatigue that comes from running on adrenaline non-stop.   

Solution:  Develop systems to help you be proactive, as well as to enable you to delegate or eliminate some of the work.

3                    No plan – “He who fails to plan, plans to fail”. Proverb.  Says it all, without a plan, we are not in charge of our destiny . 

Solution:  Spend time, daily, planning your activities that are both a part of your daily to-do tasks as well as those that help you work on your goals.

4                    No accountability – Having no one to keep us accountable to our goals makes it difficult to achieve them.  While we may have loads of desire and ambition, when things get tough we need someone to hold  us to the wall, maybe even hold our hand and help us get past the hurdle. 

Solution:  join a mastermind group, find a coach or get a partner to help hold you accountable.

5                    Poor time management – There are only 24 hours in a day, no matter who we are, we can’t have more. To get more done, we have to do more with the time we have.

Solution:  Learn to prioritize the most important tasks and do them first.  Invest in a time management system and use it.   I like a Planner Pad that helps me track my goals, projects and appointments.

Need a little help with time management, planning or anything else?  We’ve expanded our services and may have the solution you need or know an expert who can help.

Related posts:

  1. ~Don’t forget to add your business to your holiday gift list~
  2. Happy New Year
  3. Do you really know where your business is coming from?
  4. 10 Strategies to Keep your Resolutions and Achieve your Goals
  5. Change Happens…Deal with it!

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