Double Your Profits in 2009- Part 1

February 17, 2009 by admin  
Filed under Business Management Tips


by Beth Schneider

Today was my day to talk to potential clients. I had a successful, determined woman we’ll call Sally, on the phone. I listened as Sally told me about her plans, frustrations and fears. You see she was determined to grow her company, but had a bad experience. Sally took steps that were intended to move her forward, instead things went wrong – quickly and she lost $20,000.

I wish her story of loss was unique, but unfortunately I hear those kinds of stories all the time. Things like:

* I just spent all this money on my marketing, but all my expensive leads are all falling through the cracks because I don’t know what to do with them. Now I’m out the marketing dollars and I still don’t have any clients.
* I just hired this person, they messed up everything I gave them so not only did I end up doing it myself, but first I had to fix what they did so it took me more than twice the amount of time it should have.
* I have all these ideas, but I can’t seem to connect all the dots so I feel like I’m just going in circles. Nothing changes, nothing gets done . . .even though I spent a fortune on live events, coaches and products.
* I could easily get more clients just by asking for referrals. But I can’t because it takes so much time to close the sale – time I don’t have and then I have no idea how we’d event fulfill the work. I’d really like to grow, but I just don’t see how it’s even possible.

You see, I felt for Sally when she was telling me about her $20,000 loss. Yes, that’s a lot of money, but the bigger loss was that her confidence in doing anything differently was shaken. If she gives into a fear of growth and expansion then that certainly will cost her a whole lot more than $20,000.

The answer to Sally’s problem (and the others listed above) is to be prepared for growth by making the shift from thinking about “what” needs to be done to “HOW” to do that. I’m sure you’ve heard a million times not to worry about the “how”. Dream big and it will all come together. Well, when you are talking big picture, then yes, dream and dream big. But when it comes to taking action, if you don’t want to lose your shirt you have to think about HOW things will get.

This series is about just that.

* HOW to set your production to run with out you
* HOW to set up your contractors and employees for success
* HOW to streamline your efforts so you get more done, with fewer steps
* HOW to get more out of your marketing efforts

The “how” are the specific steps taken to complete something. For example, if you were setting up a teleclass, there are a number of steps you go through. Put up a web page for registrations, write the copy for the web page, write the email announcements, send the emails on a specific schedule, create the email schedule, etc. You see, it’s bringing together all the pieces and connecting all the dots.

When the dots are connected, then you have the control without having to it all yourself. You maximize your efforts and reduce waste. You get more from your people because you’ve set them up for success.

Here’s the formula: HOW = success for you, your people and your business. It’s a win-win-win.

See you at part 2.

Beth Schneider, President of Process Prodigy Inc., www.processprodigy.com, along with her team of highly sought after operations consultants, reveal the insider secrets billion-dollar corporations pay thousands of dollars for. Specializing in process creation, Process Prodigy tools and techniques have helped entrepreneurs increase productivity by as much as 600%, and revenues by as much as 250%. Visit www.processprodigy.com/ezine and grab your FREE systems starter kit valued at $297.00

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