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Casual Articles - Don't Let Your Business Become a Wounded Dog
What You Must Avoid Doing, If You Want To Keep Your Prospect Glued To Your Sales Copy s based on an evaluation of the processes and pathways unique to each business. It requires the identification of “choke points,” those critical pathways that, if narrowed or destroyed, will choke off the life of the business. It is these critical steps for which resources are amassed. The goal is to ensure that no choke point becomes so narrow as to strangle the life of the business. This ensures resilience.Yesterday while doing a sales copy review -- a problem kept coming up repeatedly, and it's one I see very often. The problem is...Wasted Words.A lot of times when you're writing copy, since you know "the more you tell, the more you sell" you feel sort of "compelled" to go into every little detail about yourself... the reasons why you invented your product... and the reasons why all the other products out there aren't "worthy" when compared Some have adapted well through the application of the lessons I learned in the disaster field office. Others have failed to learn these lessons resulting in business disaster. In a few cases, the businesses stumbled upon their resilience. In others they were guided to it. But in all case SPIN, Relevant To Both Salesmanship & Advertising! In business, as in life, adversity is a recurrent and inescapable event. The clich?:Neil Rackham turned the world of high-ticket salesmanship on its ear. By observing over 35,000 actual sales calls, he scientifically isolated & identified the specific behaviors exhibited by successful salespeople. He called it SPIN selling.Situation, Problem, Implication, Need Pay-off.It should come as no surprise that one of the things that he discovered was that successful salesmanship means asking a lot of questions, before presenting products “Into every life a little rain must fall” is true no matter one’s education or level of success. The key difference between the businesses that close never to reopen again and those that thrive through their adversity is resilience. Everyone knows that there is nothing more dangerous than a wounded animal. An injured animal seeks to protect itself by striking out against all who approach. However dogs are unique in that they will invariably find one person with whom to bond. This difference is inexplicable, but predictable. They may not even choose their owner or master. Nonetheless wounded dogs will drag themselves to the feet of their chosen protector, nuzzling and begging for help. These wounded dogs know that they are no longer capable of caring for themselves and that one more adversity befalls them and they will die. Businesses become wounded dogs when they fail to ensure that an adversity does not evolve into a disaster. In two decades of disaster field work and consulting to companies large and small I have seen and helped more than my share of wounded dogs. In all cases it did not matter whether the adversity came from outside the company such as a hurricane, earthquake or terrorist attack or if the adversity came from within; poor product design, marketing mishaps, financial missteps, or employee sabotage. The result is always the same. Some critical business pathway collapses resulting in a business disaster. Observers both inside and outside the wounded business say that the disaster was “inevitable.” In the disaster field office, we know that no disaster is “inevitable.” Disaster is a simple equation no more different than profit and loss. Disaster = Needs > Resources. The most basic analogy is the financial disaster of “want” exceeding “wallet,” but this same equation holds true in all other critical areas of business. Conversely, resilience, the ability to cope with adversity and stave off disaster, is also represented by the simple equation: Resilience = Resources > Needs. Again the analogy is the financial resilience of “wallet” exceeding “wants.” Now if this were the end of the story, one short speech, one short consultation, one small article in the Wall Street Journal and I could end all business disasters. The trick here is being able to identify what resources to have in abundance since nobody can have resources for all contingencies. Resource identification is based not on determining every possible adversity that can face a business. This is an incalculably high number and bounded only by the imagination not only of those that run the business but all of those who may wish it ill. Rather, resource determination is based on an evaluation of the processes and pathways unique to each business. It requires the identification of “choke points,” those critical pathways that, if narrowed or destroyed, will choke off the life of the business. It is these critical steps for which resources are amassed. The goal is to ensure that no choke point becomes so narrow as to strangle the life of the business. This ensures resilience. Some have adapted well through the application of the lessons I learned in the disaster field office. Others have failed to learn these lessons resulting in business disaster. In a few cases, the businesses stumbled upon their resilience. In others they were guided to it. But in all case Preventive Maintenance will drag themselves to the feet of their chosen protector, nuzzling and begging for help. These wounded dogs know that they are no longer capable of caring for themselves and that one more adversity befalls them and they will die.Preventive and Predictive Maintenance Predictive maintenance aims to predict the occurrence of problems so that action can be taken to avert downtime. The most common usage of predictive maintenance is with wear parts. Variations in the key dimensions of wear parts are measured and when they go below a predefined level, the part is replaced. In this way downtime and poor machine performance is averted.There are two stages to predictive maintenanc Businesses become wounded dogs when they fail to ensure that an adversity does not evolve into a disaster. In two decades of disaster field work and consulting to companies large and small I have seen and helped more than my share of wounded dogs. In all cases it did not matter whether the adversity came from outside the company such as a hurricane, earthquake or terrorist attack or if the adversity came from within; poor product design, marketing mishaps, financial missteps, or employee sabotage. The result is always the same. Some critical business pathway collapses resulting in a business disaster. Observers both inside and outside the wounded business say that the disaster was “inevitable.” In the disaster field office, we know that no disaster is “inevitable.” Disaster is a simple equation no more different than profit and loss. Disaster = Needs > Resources. The most basic analogy is the financial disaster of “want” exceeding “wallet,” but this same equation holds true in all other critical areas of business. Conversely, resilience, the ability to cope with adversity and stave off disaster, is also represented by the simple equation: Resilience = Resources > Needs. Again the analogy is the financial resilience of “wallet” exceeding “wants.” Now if this were the end of the story, one short speech, one short consultation, one small article in the Wall Street Journal and I could end all business disasters. The trick here is being able to identify what resources to have in abundance since nobody can have resources for all contingencies. Resource identification is based not on determining every possible adversity that can face a business. This is an incalculably high number and bounded only by the imagination not only of those that run the business but all of those who may wish it ill. Rather, resource determination is based on an evaluation of the processes and pathways unique to each business. It requires the identification of “choke points,” those critical pathways that, if narrowed or destroyed, will choke off the life of the business. It is these critical steps for which resources are amassed. The goal is to ensure that no choke point becomes so narrow as to strangle the life of the business. This ensures resilience. Some have adapted well through the application of the lessons I learned in the disaster field office. Others have failed to learn these lessons resulting in business disaster. In a few cases, the businesses stumbled upon their resilience. In others they were guided to it. But in all case Networking Nuts and Bolts issteps, or employee sabotage. The result is always the same. Some critical business pathway collapses resulting in a business disaster.You have heard from the experts how networking can be nearly priceless if you make the right connections. Nevertheless you find yourself at social events, business meeting, conferences, workshops, and classes and on a good day you make two or three new contacts from the numerous people you meet in a day. Meeting people can be difficult but does not have to be.A great networker really does not think about networking per say but how he or she can help som Observers both inside and outside the wounded business say that the disaster was “inevitable.” In the disaster field office, we know that no disaster is “inevitable.” Disaster is a simple equation no more different than profit and loss. Disaster = Needs > Resources. The most basic analogy is the financial disaster of “want” exceeding “wallet,” but this same equation holds true in all other critical areas of business. Conversely, resilience, the ability to cope with adversity and stave off disaster, is also represented by the simple equation: Resilience = Resources > Needs. Again the analogy is the financial resilience of “wallet” exceeding “wants.” Now if this were the end of the story, one short speech, one short consultation, one small article in the Wall Street Journal and I could end all business disasters. The trick here is being able to identify what resources to have in abundance since nobody can have resources for all contingencies. Resource identification is based not on determining every possible adversity that can face a business. This is an incalculably high number and bounded only by the imagination not only of those that run the business but all of those who may wish it ill. Rather, resource determination is based on an evaluation of the processes and pathways unique to each business. It requires the identification of “choke points,” those critical pathways that, if narrowed or destroyed, will choke off the life of the business. It is these critical steps for which resources are amassed. The goal is to ensure that no choke point becomes so narrow as to strangle the life of the business. This ensures resilience. Some have adapted well through the application of the lessons I learned in the disaster field office. Others have failed to learn these lessons resulting in business disaster. In a few cases, the businesses stumbled upon their resilience. In others they were guided to it. But in all case Franchise Overload Resilience = Resources > Needs.Going into the franchise business might be a very good idea for you as it is one of the popular methods of doing business today but when you do a search of the available franchise opportunities, choosing one among the hundreds might be a daunting task.Of course you can always go into the fast growing fast food franchise industry but if you feel that your location is already saturated with this kind of business then maybe you can look up the other franchi Again the analogy is the financial resilience of “wallet” exceeding “wants.” Now if this were the end of the story, one short speech, one short consultation, one small article in the Wall Street Journal and I could end all business disasters. The trick here is being able to identify what resources to have in abundance since nobody can have resources for all contingencies. Resource identification is based not on determining every possible adversity that can face a business. This is an incalculably high number and bounded only by the imagination not only of those that run the business but all of those who may wish it ill. Rather, resource determination is based on an evaluation of the processes and pathways unique to each business. It requires the identification of “choke points,” those critical pathways that, if narrowed or destroyed, will choke off the life of the business. It is these critical steps for which resources are amassed. The goal is to ensure that no choke point becomes so narrow as to strangle the life of the business. This ensures resilience. Some have adapted well through the application of the lessons I learned in the disaster field office. Others have failed to learn these lessons resulting in business disaster. In a few cases, the businesses stumbled upon their resilience. In others they were guided to it. But in all case Double Bottomline Entrepreneurship s based on an evaluation of the processes and pathways unique to each business. It requires the identification of “choke points,” those critical pathways that, if narrowed or destroyed, will choke off the life of the business. It is these critical steps for which resources are amassed. The goal is to ensure that no choke point becomes so narrow as to strangle the life of the business. This ensures resilience.Today, I spoke with Dr. Ken Gibson, Founder of LearningRx, and listened to quite a fascinating story of an entrepreneur. Ken was an Optometrist, with a strong interest in business, and at some point, provided business consulting to over 300 Optometrists, before developing the methodology for training people to learn that is now at the heart of LearningRx.LearningRx provides cognitive skills training that improve the brain’s ability to process information Some have adapted well through the application of the lessons I learned in the disaster field office. Others have failed to learn these lessons resulting in business disaster. In a few cases, the businesses stumbled upon their resilience. In others they were guided to it. But in all cases it was the identification of choke points and the allocation of resources that ensured that a business remained in business and did not become a wounded dog.
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