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Casual Articles - 7 Keys to Running a Successful Business
Is Turnover Back in Vogue? One Trend to Pay Attention to in 2005 l and yet, often most overlooked aspects of running a business. You have to make sure your team knows what is going on. Holding regular staff meetings as a means to keep people informed is a great way to gain the buy in of your team. Additionally, be open to ideas that may come from your team members.Upper Saddle River, N.J. - January 10, 2005 - With the start of the year, a flurry of articles have appeared, talking about what we can expect in the way of business trends during 2005. One of the most alarming issues is the intention of many employees to seek new jobs now that the economy is starting to improve. A recent joint survey by Society for Human Resources Management (SHRM) and CareerJournal.com indicated that 75% of the employees polled said they would like a different job; 43% want to increase their compensation. Similarly, a recent survey by Monster.com indicated “93% of the respondents It will be very difficult to achieve your long-term goals if your team members either don’t understand your vision or haven’t bought into it. When you hire people, make sure they understand what you are trying to achieve. Whether you are dealing with new members of the team or seasoned folks, everyone must be willing to b To Buy or Not to Buy? Motivating Your Customers to Take Action! Although dentistry may appear to be different than other types of businesses, in reality it is a business. And although this article is written from a dentist’s perspective on developing a successful practice, the principles can be used in virtually any business.All customers have a choice to make. Sometimes that choice is between your product and your competitor’s, but sometimes it’s not. Often, the customer’s choice is simply whether to buy your product or nothing at all. If this is the actual choice your customer faces, it is important to determine this early in the conversation. Doing so will help you to use a tone and message that directly relates to your customer’s emotional reasons for considering your product.There are some salespeople who are so focused on why their product is good and their competitor’s is bad that they forget about the act I have been in the dental industry for over 20 years and can proudly say I do have a highly successful business, also known as a practice. Over the years, I have learned many things that work in running a business and even more that do not. It is with this in mind that I share the following 7 keys to running a successful business. Regardless of your industry they can apply. 1. Have a vision One of the most important aspects of running any business is to have a clear vision of what you want that business to be like. What do you want to be known for in the marketplace? What kind of clients do you desire? What level of service do you want to provide? Do you want to be “one among many” or do you want to be considered a leader in your industry? By answering these and many other similar type questions, you will gain insight into the direction you can, and should, take your business. 2. Develop a plan that ties into the vision Once you gain clarity on your vision, you must be willing to develop a plan. Far too often people have an idea of where they want their organization to be, but they fail to put together a usable plan. Take time to map out what needs to be done to achieve your outcomes. 3. Know your market One of the most important aspects of running any type of business is to know whom your market is. You can’t be all things to all people. Contrary to what some would like to believe, not everyone is his or her market. There is a very astute saying in marketing, “If everyone is your market, then no one is your market.” The clearer you are on who you are targeting the easier it will be to focus your efforts on reaching those individuals and/or companies. 4. Gain visibility within your market Take a very focused approach to reaching your market. Just because you have determined who your market it, doesn’t mean you are done. You must now be willing to have a very focused approach to targeting your market. Whether that be through direct mail, advertising, newsletters, informational seminars or any number of methods, you have to be willing to keep your name in front of your market. 5. Get your team on board This is probably one of the most crucial and yet, often most overlooked aspects of running a business. You have to make sure your team knows what is going on. Holding regular staff meetings as a means to keep people informed is a great way to gain the buy in of your team. Additionally, be open to ideas that may come from your team members. It will be very difficult to achieve your long-term goals if your team members either don’t understand your vision or haven’t bought into it. When you hire people, make sure they understand what you are trying to achieve. Whether you are dealing with new members of the team or seasoned folks, everyone must be willing to be Awareness hey can apply.What is awareness, anyway? The dictionary describes it as wakefulness or knowingness. In the world of advertising, the meaning is slightly different. Awareness is described in a variety of ways, including recall and recognition of brand, key features and positioning. If your customers can remember any of these about your products or services, you are doing well.How do you create awareness? Word-of-mouth is the most inexpensive option and works well as long as you are providing quality customer service and products. Tell everyone you know about your business. If you are proud of what you do 1. Have a vision One of the most important aspects of running any business is to have a clear vision of what you want that business to be like. What do you want to be known for in the marketplace? What kind of clients do you desire? What level of service do you want to provide? Do you want to be “one among many” or do you want to be considered a leader in your industry? By answering these and many other similar type questions, you will gain insight into the direction you can, and should, take your business. 2. Develop a plan that ties into the vision Once you gain clarity on your vision, you must be willing to develop a plan. Far too often people have an idea of where they want their organization to be, but they fail to put together a usable plan. Take time to map out what needs to be done to achieve your outcomes. 3. Know your market One of the most important aspects of running any type of business is to know whom your market is. You can’t be all things to all people. Contrary to what some would like to believe, not everyone is his or her market. There is a very astute saying in marketing, “If everyone is your market, then no one is your market.” The clearer you are on who you are targeting the easier it will be to focus your efforts on reaching those individuals and/or companies. 4. Gain visibility within your market Take a very focused approach to reaching your market. Just because you have determined who your market it, doesn’t mean you are done. You must now be willing to have a very focused approach to targeting your market. Whether that be through direct mail, advertising, newsletters, informational seminars or any number of methods, you have to be willing to keep your name in front of your market. 5. Get your team on board This is probably one of the most crucial and yet, often most overlooked aspects of running a business. You have to make sure your team knows what is going on. Holding regular staff meetings as a means to keep people informed is a great way to gain the buy in of your team. Additionally, be open to ideas that may come from your team members. It will be very difficult to achieve your long-term goals if your team members either don’t understand your vision or haven’t bought into it. When you hire people, make sure they understand what you are trying to achieve. Whether you are dealing with new members of the team or seasoned folks, everyone must be willing to b Resume Templates: How To Look Like Everybody Else our vision, you must be willing to develop a plan. Far too often people have an idea of where they want their organization to be, but they fail to put together a usable plan. Take time to map out what needs to be done to achieve your outcomes.Want to get a great job? Then......look like everybody else...blend in...fly under the radarIf you think that's a good strategy, I have a bridge to sell you.There are good lessons to learn from sample resumes. The same rules apply to resume templates.Remember, your resume's primary purpose is to make you stand out as clearly the best candidate. Your resume has to stand out in the way it looks, and in what it says.So, you want to stand out. But you're using a resume template. See the problem? A template makes you look like everybody else.Don't misun 3. Know your market One of the most important aspects of running any type of business is to know whom your market is. You can’t be all things to all people. Contrary to what some would like to believe, not everyone is his or her market. There is a very astute saying in marketing, “If everyone is your market, then no one is your market.” The clearer you are on who you are targeting the easier it will be to focus your efforts on reaching those individuals and/or companies. 4. Gain visibility within your market Take a very focused approach to reaching your market. Just because you have determined who your market it, doesn’t mean you are done. You must now be willing to have a very focused approach to targeting your market. Whether that be through direct mail, advertising, newsletters, informational seminars or any number of methods, you have to be willing to keep your name in front of your market. 5. Get your team on board This is probably one of the most crucial and yet, often most overlooked aspects of running a business. You have to make sure your team knows what is going on. Holding regular staff meetings as a means to keep people informed is a great way to gain the buy in of your team. Additionally, be open to ideas that may come from your team members. It will be very difficult to achieve your long-term goals if your team members either don’t understand your vision or haven’t bought into it. When you hire people, make sure they understand what you are trying to achieve. Whether you are dealing with new members of the team or seasoned folks, everyone must be willing to b 10 Tips To Making Your Business Card A Great Marketing Tool are targeting the easier it will be to focus your efforts on reaching those individuals and/or companies.Are you having problems with your current business card that fails to impress potential clients? Or maybe you are not getting the increased business that your card is supposed to provide for you. Then you should improve your business card to make it into a great marketing tool.The business card is more than just a piece of paper to pass our names & numbers. It represents an opportunity to become an impressive marketing tool. Our business cards should be unique & distinctive so as to be a memorable conversation piece for consumers.Below are 10 tips to making your business cards function as 4. Gain visibility within your market Take a very focused approach to reaching your market. Just because you have determined who your market it, doesn’t mean you are done. You must now be willing to have a very focused approach to targeting your market. Whether that be through direct mail, advertising, newsletters, informational seminars or any number of methods, you have to be willing to keep your name in front of your market. 5. Get your team on board This is probably one of the most crucial and yet, often most overlooked aspects of running a business. You have to make sure your team knows what is going on. Holding regular staff meetings as a means to keep people informed is a great way to gain the buy in of your team. Additionally, be open to ideas that may come from your team members. It will be very difficult to achieve your long-term goals if your team members either don’t understand your vision or haven’t bought into it. When you hire people, make sure they understand what you are trying to achieve. Whether you are dealing with new members of the team or seasoned folks, everyone must be willing to b Mobile Car Washing of Rental Car Agencies l and yet, often most overlooked aspects of running a business. You have to make sure your team knows what is going on. Holding regular staff meetings as a means to keep people informed is a great way to gain the buy in of your team. Additionally, be open to ideas that may come from your team members.Mobile car washing of rental car agencies has radically changed since 911. The entire industry dynamics had changed. Many things are back to near normal, but for many years that industry sector was in a recession and profit margins were down and rental car agencies and sales lots were looking at ways to cut and down size.During that time our company was able to capitalize on this sector as the low priced leader and really find our biggest opportunity. You see by using our team to streamline their operations we easily got the lion’s share of the outsourced work available in this rental car agency It will be very difficult to achieve your long-term goals if your team members either don’t understand your vision or haven’t bought into it. When you hire people, make sure they understand what you are trying to achieve. Whether you are dealing with new members of the team or seasoned folks, everyone must be willing to be a part of the plan. When they are, you will have a much greater chance for success. 6. Be consistent Running and marketing a business is an ongoing process. The greatest mistake people make in virtually any industry is they try something once and expect instant results. You must be in this for the long haul. Sure, with some of your marketing strategies you will get instant, or direct, response. However, with most approaches, it is more like the tortoise and the heir. In the short-term it looks like the heir is in the lead, but the reality is he is burning himself out and ends up losing to the tortoise who had a consistent and long-term vision. 7. Realize – you change lives One of the things I most love about dentistry is I know I change lives. I recognize this beyond a shadow of a doubt. When my patients are able to obtain the smile they once only dreamed of because of what I did for them, I know I am doing my life’s work. With most people, regardless of the industry you are in, in some way you do change lives. If you know that, your job is very rewarding. Think about the end user of your product or service. What is it about what you provide that makes a difference for them? If you don’t know, ask your customers. You may be pleasantly surprised. It is in the answers you can become clearer and clearer as to your vision and the benefits you bring to others through the services you provide. Copyright: © 2004 by Dr. Scott Kiser Publishing Guidelines: You may publish my article in your newsletter, on your web site, or in your print publication provided you include the resource box at the end. Notification would be appreciated but is not required.
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