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  • Casual Articles - Surviving Survival

    Business Success: Luck or Hard Work?
    A very large percentage of businesses fail within a few years of opening. A lot of websites on the internet have been abandoned and can be considered failures. When people fail at things the first thing the look at is how hard they worked. If someone fails at something when they give maximum effort they may be puzzled as to why things did not go the way they would have liked. The thing that many people do not realize is that hard work does not always pay off, although it is still very important in business.Hard work along with luck and execution are the most important factors to running a successful business. You can work very hard but if you don’t execute correctly it does not matter. If you do not have plans and backup plan it also will not matter. As far as luck goes people are very lucky in many different ways. Maybe one business owner needs a loan to stay in busin
    vel of existence. Think of homeless people who survive by scrounging dumpsters for food. They survive--but at what level? And for how long?

    Your real commitment must be one to prosperity.

    Next, recreate your vision of life beyond survival. Okay, you are still in business--congratulations. Pat yourself on the back because many aren't. But despite the SBA statistics, this is not a cause for celebration--not yet, anyway.

    Ask yourself--what are you surviving for? What will you do when the survival period is over--when you decide it's okay to start thriving again? What will you accomplish then? What do you want it to look and feel like next year and the year after that? If your vision is simply one of staying in business, you really should think twice about why you do all that hard work.

    Once you have a clear picture of where you are going--the most important thing

    Coaching - Don't Quit on Me
    There is a scene in a movie called “Facing the Giants” where the coach of a small high school has to inspire a team that hasn’t performed well and is used to failure. When the quarterback of the team indicates he doesn’t think they can win Friday’s game the coach pulls him aside for one of the most inspiring moments in the film.“Don’t you quit on me, Brock,” he commands the quarterback who is blindfolded and made to crawl on the football field with another player on his back. “Don’t you quit.”Foot by agonizing foot Brock moves across the football field thinking he was only going 20 yards. In the end the player collapses in the end zone. His fellow teammates stand in awe of the punishment it took to reach a goal Brock never would have believed possible.The coach gets down to Brock’s level and says, “I need you. This team needs you, Brock. If you quit then
    Aren't you tired of sitting around waiting for something to finally happen?

    I just got off the phone talking with my friend James. We spoke about how his business was doing, and I asked what he planned on earning this year. His response surprised me:

    'Making money's not my focus now. I don't really think this is the right time--I'm planning to just hold on until things get better.'

    James is usually pretty optimistic and 'survival' is not part of his normal vocabulary, so I started wondering about others I know: my consulting clients, people who take my DYBO business-doubling e-course, people I meet speaking.

    One client wrote they had 'survived' last year, but had 'done the unpardonable -- cut marketing.' Another told me, 'Well, we made it. But we cut half our sales force.' And a service provider I know reduced her total payroll from 130 to 75 people in the past six months.

    Even though Fed Chairman Alan Greenspan has pronounced the recession over, many businesspeople are taking about one thing only: survival. They are hunkered down trying to weather the storm, but they're doing it at the expense of building their businesses. And I believe many companies are unwittingly sacrificing their future. Here's the typical survival strategy:

    • Cut marketing.
    • Lay off marginal employees.
    • Cut sales travel expenses.
    • Lay off good employees.
    • Lay off salespeople.
    • Fire ineffective management.
    • Reduce your prices hoping to attract business.
    • Fire effective management.

    Hope for anything. Pray for business. Wait for the recession to end.

    Does any of this sound familiar?

    Of course survival is not all bad--not by a long shot. There's a 'statistic' reputed to come from the US Small Business Administration, which says 9 out of 10 new businesses don't last five years, or something like that. The details vary with the telling but the point is well made--it is hard to keep a business profitable over the long haul, which is why so few of America's largest companies from 75 years ago even exist today.

    The good side of survival makes you 'lean and mean,' scavenging the landscape for sharp opportunities and playing for keeps.

    But the dark side just ends up like a strategy for playing it safe, putting off decisions and delaying action. Of course, you may still be around when 'things get better, but will you be in a position to take advantage of your opportunities? Perhaps--if you've conserved cash and preserved your ability to generate new business.

    But if instead you've so reduced your ability to go after new deals - or if you've let your product languish to the point where it is no longer up to snuff--are you going to be viable? Will you be able to compete? Will you be ready to grow during the next expansion?

    Transcending the Survival Mindset

    We are entering what may be the greatest business building opportunity of the next decade. While most of your competitors are still in the warm sleep of survival it is time for you to prepare for bold action.

    Here are some tips which will help you survive survival and climb back up the ladder of success. Note that this is not a tip list on *how to survive*, you've already done that. This is about transcending survival and thriving again.

    First, recognize that your goal of survival is not a real goal--it's a staging zone. A holding pattern. Survival is not something to commit yourself to--a commitment to survival is a commitment to a low level of existence. Think of homeless people who survive by scrounging dumpsters for food. They survive--but at what level? And for how long?

    Your real commitment must be one to prosperity.

    Next, recreate your vision of life beyond survival. Okay, you are still in business--congratulations. Pat yourself on the back because many aren't. But despite the SBA statistics, this is not a cause for celebration--not yet, anyway.

    Ask yourself--what are you surviving for? What will you do when the survival period is over--when you decide it's okay to start thriving again? What will you accomplish then? What do you want it to look and feel like next year and the year after that? If your vision is simply one of staying in business, you really should think twice about why you do all that hard work.

    Once you have a clear picture of where you are going--the most important thing

    What Is The Best Method To Accepting Credit Cards For Your Business?
    With all things considered, there is really not much choice but to accept credit cards online. This makes it much more convenient for not only the customer, but yourself as well. Because of the necessity of accepting credit cards online, it is important that you know the options available to you to accept credit cards. On top of that, you need to know which the better fit for your business is.There are two methods of accepting credit cards online, using your own merchant account or going through a third party merchant. They both have their advantages and disadvantages, making it all the more important that you know what they have to offer.In order to set up your own merchant account, you need a bank to approve the opening of the account. When you go through a third party account, it is simply a company that is accepting your credit card payment in exchange
    t six months.

    Even though Fed Chairman Alan Greenspan has pronounced the recession over, many businesspeople are taking about one thing only: survival. They are hunkered down trying to weather the storm, but they're doing it at the expense of building their businesses. And I believe many companies are unwittingly sacrificing their future. Here's the typical survival strategy:

    • Cut marketing.
    • Lay off marginal employees.
    • Cut sales travel expenses.
    • Lay off good employees.
    • Lay off salespeople.
    • Fire ineffective management.
    • Reduce your prices hoping to attract business.
    • Fire effective management.

    Hope for anything. Pray for business. Wait for the recession to end.

    Does any of this sound familiar?

    Of course survival is not all bad--not by a long shot. There's a 'statistic' reputed to come from the US Small Business Administration, which says 9 out of 10 new businesses don't last five years, or something like that. The details vary with the telling but the point is well made--it is hard to keep a business profitable over the long haul, which is why so few of America's largest companies from 75 years ago even exist today.

    The good side of survival makes you 'lean and mean,' scavenging the landscape for sharp opportunities and playing for keeps.

    But the dark side just ends up like a strategy for playing it safe, putting off decisions and delaying action. Of course, you may still be around when 'things get better, but will you be in a position to take advantage of your opportunities? Perhaps--if you've conserved cash and preserved your ability to generate new business.

    But if instead you've so reduced your ability to go after new deals - or if you've let your product languish to the point where it is no longer up to snuff--are you going to be viable? Will you be able to compete? Will you be ready to grow during the next expansion?

    Transcending the Survival Mindset

    We are entering what may be the greatest business building opportunity of the next decade. While most of your competitors are still in the warm sleep of survival it is time for you to prepare for bold action.

    Here are some tips which will help you survive survival and climb back up the ladder of success. Note that this is not a tip list on *how to survive*, you've already done that. This is about transcending survival and thriving again.

    First, recognize that your goal of survival is not a real goal--it's a staging zone. A holding pattern. Survival is not something to commit yourself to--a commitment to survival is a commitment to a low level of existence. Think of homeless people who survive by scrounging dumpsters for food. They survive--but at what level? And for how long?

    Your real commitment must be one to prosperity.

    Next, recreate your vision of life beyond survival. Okay, you are still in business--congratulations. Pat yourself on the back because many aren't. But despite the SBA statistics, this is not a cause for celebration--not yet, anyway.

    Ask yourself--what are you surviving for? What will you do when the survival period is over--when you decide it's okay to start thriving again? What will you accomplish then? What do you want it to look and feel like next year and the year after that? If your vision is simply one of staying in business, you really should think twice about why you do all that hard work.

    Once you have a clear picture of where you are going--the most important thing

    Top Dog Has No Papers - New Trend In Business Clears The Way For Innovative Thinking
    How many times have you looked around your office and cringed at all the piles of paperwork? You’re not alone, says Barbara Hemphill, author of “Taming the Paper Tiger at Work” and president of Hemphill Productivity Institute. People everywhere—especially top executives and entrepreneurs—are finding themselves bogged down by the clutter that’s taken over their desks.As a top dog, how can you ensure that your executives—and you—are doing everything possible to engineer a creative environment? Hemphill offers insights on how to clear the way for strategic thinking as well as how hiring and training your dream strategic assistant can be the best investment you’ll ever make.Gone are the old days in business, when the top brass had secretaries and assistants at their disposal, many of who spent part of their days trying to look busy.“Now the pendulum has swung
    ed to come from the US Small Business Administration, which says 9 out of 10 new businesses don't last five years, or something like that. The details vary with the telling but the point is well made--it is hard to keep a business profitable over the long haul, which is why so few of America's largest companies from 75 years ago even exist today.

    The good side of survival makes you 'lean and mean,' scavenging the landscape for sharp opportunities and playing for keeps.

    But the dark side just ends up like a strategy for playing it safe, putting off decisions and delaying action. Of course, you may still be around when 'things get better, but will you be in a position to take advantage of your opportunities? Perhaps--if you've conserved cash and preserved your ability to generate new business.

    But if instead you've so reduced your ability to go after new deals - or if you've let your product languish to the point where it is no longer up to snuff--are you going to be viable? Will you be able to compete? Will you be ready to grow during the next expansion?

    Transcending the Survival Mindset

    We are entering what may be the greatest business building opportunity of the next decade. While most of your competitors are still in the warm sleep of survival it is time for you to prepare for bold action.

    Here are some tips which will help you survive survival and climb back up the ladder of success. Note that this is not a tip list on *how to survive*, you've already done that. This is about transcending survival and thriving again.

    First, recognize that your goal of survival is not a real goal--it's a staging zone. A holding pattern. Survival is not something to commit yourself to--a commitment to survival is a commitment to a low level of existence. Think of homeless people who survive by scrounging dumpsters for food. They survive--but at what level? And for how long?

    Your real commitment must be one to prosperity.

    Next, recreate your vision of life beyond survival. Okay, you are still in business--congratulations. Pat yourself on the back because many aren't. But despite the SBA statistics, this is not a cause for celebration--not yet, anyway.

    Ask yourself--what are you surviving for? What will you do when the survival period is over--when you decide it's okay to start thriving again? What will you accomplish then? What do you want it to look and feel like next year and the year after that? If your vision is simply one of staying in business, you really should think twice about why you do all that hard work.

    Once you have a clear picture of where you are going--the most important thing

    What We Have Here Is A Failure To Communicate - Why Do We Need A Corporate Renewal Industry?
    According to a white paper available on the Turnaround Management Association (TMA) website, signs of a troubled business are (listed in their order):Ineffective management styleOver diversificationWeak financial functionPoor lender relationshipsLack of operating controlsMarket lagExplosive growthPrecarious customer baseFamily vs. business mattersOperating without a business planWith the possible exception of an ineffective management style signs 2 – 9 can be viewed as symptoms or effects of operating without a business plan. No matter how many times it’s said or how tired we are of hearing it its true, “If you fail to plan, plan to fail.” Has anyone ever told an aspiring business owner that they don’t need a business plan? There hasn’t been a business plan outline publis
    let your product languish to the point where it is no longer up to snuff--are you going to be viable? Will you be able to compete? Will you be ready to grow during the next expansion?

    Transcending the Survival Mindset

    We are entering what may be the greatest business building opportunity of the next decade. While most of your competitors are still in the warm sleep of survival it is time for you to prepare for bold action.

    Here are some tips which will help you survive survival and climb back up the ladder of success. Note that this is not a tip list on *how to survive*, you've already done that. This is about transcending survival and thriving again.

    First, recognize that your goal of survival is not a real goal--it's a staging zone. A holding pattern. Survival is not something to commit yourself to--a commitment to survival is a commitment to a low level of existence. Think of homeless people who survive by scrounging dumpsters for food. They survive--but at what level? And for how long?

    Your real commitment must be one to prosperity.

    Next, recreate your vision of life beyond survival. Okay, you are still in business--congratulations. Pat yourself on the back because many aren't. But despite the SBA statistics, this is not a cause for celebration--not yet, anyway.

    Ask yourself--what are you surviving for? What will you do when the survival period is over--when you decide it's okay to start thriving again? What will you accomplish then? What do you want it to look and feel like next year and the year after that? If your vision is simply one of staying in business, you really should think twice about why you do all that hard work.

    Once you have a clear picture of where you are going--the most important thing

    Church Signs and Outdoor Church Signs
    Church signs have been known to stop people on the side of the road to ask what they are. Outdoor church signs are mostly known for being right outside of the church with the thought of using it to attract new people to the church. Church signs are interesting because no one really knows if they are effective or not. The other question is whether outdoor church signs should be used at all, especially for the purpose of getting more people to come to the church. There are many different options for producing outdoor church signs; you simply must make up your mind what kind you would like.The first question of the appropriateness of church signs must be answered. Outdoor church signs are not bad in themselves, but you must think about the motive behind the sign. Church signs can be funny symbols to represent your church. However, outdoor church signs can also cause unnec
    vel of existence. Think of homeless people who survive by scrounging dumpsters for food. They survive--but at what level? And for how long?

    Your real commitment must be one to prosperity.

    Next, recreate your vision of life beyond survival. Okay, you are still in business--congratulations. Pat yourself on the back because many aren't. But despite the SBA statistics, this is not a cause for celebration--not yet, anyway.

    Ask yourself--what are you surviving for? What will you do when the survival period is over--when you decide it's okay to start thriving again? What will you accomplish then? What do you want it to look and feel like next year and the year after that? If your vision is simply one of staying in business, you really should think twice about why you do all that hard work.

    Once you have a clear picture of where you are going--the most important thing is to increase your level of action. You may have slowed down during this survival period - making fewer sales calls, reducing your marketing and promotional efforts, retarding product development.

    Now it's time rev up the engines and get moving again. How much effort does your business plan call for? What does your strategic plan say?

    If you don't know, or if those plans are no longer relevant, you need to freshen the business plan or create a new strategic plan. It doesn't have to be a perfect plan, but don't just lurch into action. Don't move forward without a plan!

    Detail the measures of activity and performance for your company. In my business these include leads generated, sales conversations, relationship and networking conversations, articles written and published, new customers signed, consulting contracts, course registrants, web hits, press releases sent, press mentions, radio interviews, key notes and speaking engagements, and of course, revenues, profits, and cash-in-bank.

    Your measures may be different but the process is the same:

    1. Make a list of each key measure. These will include both what I call results goals and activity goals.
    2. Establish a performance goal for each, by week, month or quarter--whatever is most appropriate. Then, up the ante--you've most likely slowed down and the whole point here is to increase your activity. So take whatever your goal is for these items and stretch it. Reawaken the action habit.
    3. Set up a system for measuring and reporting on each of these keys, and then try to get rid any shortfalls.
    4. If your need to spend is still greater than the cash coming in, cut back everything that is not revenue related, but don't hurt your current--or future--revenue streams. Look for ways to reduce overhead--but not sales and marketing expenses.

    Here's a special word about marketing: Most likely you have cut back. Mistakenly, this is often the first area cut when people think their survival is threatened. Now is the time to bump it back up. If you don't have cash available there are a whole host of guerilla marketing strategies which call for limited spending.

    Finally, get a coach or a mentor. Get someone to be an unbiased and insightful sounding board, someone who can both critique your plans and present objective counsel. Now--envision your next growth spurt. Envision your business expanding profitably. Figure out what it's going to take, and get busy again.

    © Paul Lemberg. All rights reserved

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