Have you ever sat back and wondered why businesses with pretty much all of the same facilities and ingredients often perform very differently? My consideration on the reasons for the difference between a business that might be referred to as "good" and one that is referred to as "bad" is that the difference comes down to 3 things: Knowledge and Expertise, Systems and Efficiency, and Culture I do not have any...
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Hey, are you busy? If you are like the rest of us, you are. Everybody’s busy! Because we’re all so busy, management of our time is one of the most important skills to have and one of the hardest to master and implement. After doing research and asking experts, there are good management tips that are easy to implement. Make a Calendar Making a calendar is the...
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As you take off into your Marketing Research, I want to start this by sharing the words of the Great William Bill of Wealth Design Group LLC in Houston. He says, "Failure to do market research before you begin a business venture or during its operation is like driving a car from Texas to New York without a map or street signs. You have to...
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As much as we would love it, business does not just wander into our laps. We all have to get out there and hustle. I'm giving you tips here in a series of blogs that I know will be beneficial to you and help you find the customers you need. You may want to print this out, post it up and get ready for sales. Create quality marketing tools This means you need to...
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Core competency: essentially what a business does well that distinguishes it from other businesses. Now, this is a very general core competency definition. However, a broad definition is necessary as the term moves into general usage and is applied to businesses of all sizes. The original definition applies only to large businesses. In The Core Competence of the Corporation (1990), they describe core competence as...
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Businesses fail every day, and they fail for reasons that are repeated over and over again. Fear can make you question what you're doing and why you're doing it. It can cause you to over plan, and never take the first step. It also can eat away at your confidence, and eventually, leave you feeling incapable of taking action. Three of those reasons are: You...
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