Dunkin Donuts vs. Starbucks

Dunkin Donuts wanted to know. To find out they offered to send their customers to Starbucks and paid them to go there and drink and eat. But they also paid Starbuck customers to come to Dunkin Donuts to eat and drink. In exchange, the people involved agreed to answer Dunkin Donut’s questions.

This test was reported by the WSJ and what Dunkin Donuts discovered was that there are very loyal people to both businesses and they are not interested in the competitor. The Starbucks Tribe will continue to go to Starbucks and the Dunkin Donuts tribe will continue to go to Dunkin Donuts. That was the conclusion.

Why did Dunkin Donuts conduct this test? The business of Dunkin Donuts has a strategy of growing and attracting more customers. So they want to know more about what appeals to people. Of course they could have their customers in a data base and communicate with them regularly and offer them incentives for answering survey’s, but that is all the subject of my rant in other articles at www.stevereports.com

Duncan Donuts used a traditional focus group approach. Duncan Donuts is to be commended on testing. They are to be commended on wanting to know what changes, upgrades, new product offerings will appeal to their customer. When you review their history, you may conclude they should have done this more often. The facts are most companies fall into the trap of not reinventing themselves. Why is this important to do? Well, look at Kmart. Do you recall when they were in Chapter 11? How about Delta airlines and General Motors? Do you think Microsoft can be in trouble? What about Google and EBay? Interesting to look at history and then ask the hard questions?

There are lessons to be learned from the work done by Duncan Donuts. I remember working with the leaders if The Limited when they were the premier retailer in America. The culture was amazing. New fashion ideas, new store formats, new promotions were always being tested. Merchandise managers were expected to bring their insights of what the competition was doing to the famous weekly Monday meetings where performance was scrutinized. The point is every company has a development history and at a point in time if you become a champion, a challenger emerges. This is the “king of the hill” game and as kid we didn’t know it was a universal law but it seems that it is. Whenever you are winning someone will be out to take your place.

How do you sustain revenue and profit growth long term? How do you do that when as soon as you are on top there is a challenger? In The Profit System I teach how to track information that tells you how you are doing. Initially, the information is developed for you to track actual vs. plan and the plan is your own performance improvement plan. This evolves to where you are confident in your ability to achieve internal targets, then you set your site on local, regional, national or international champions. At that point your goal is to be the champion. By the way The Profit System course is FREE.

Why is that? Why do I offer something that I promote as being so valuable for FREE when I should be selling it for a million dollars or 10 million dollars or more? Simple, I know this works, and as Joel Bauer says (www.joellive.com) my life does not change at all if you use what I teach. But yours is likely to change a lot. If I can be a catalyst of positive change for you and your company, I am delighted to offer these principles and The Profit System to you at no charge.

Wait there is one more thing. There is a major price to pay for using this system. This price is your time, attention and action to implement. My material is FREE. Even if I were to charge $50,000 for the this material and I am considering that, it is a small sum in comparison to the time you and your company will invest to apply the principles of The Profit System. Return on investment is off the charts. So if you want to make a lot more money go to The Profit System and register for the FREE course.

Will Ducan Donuts’ latest testing mean new store formats will be hugely successful? I don’t know but I do know this if they keep monitoring and keep testing they will figure it out. You can also solve the issues facing your business with a rational management system. I have given you one source for a management system roadmap.

Contact me now.

Steve Pohlit

International Business Development Consulting
Real Estate Investment Consulting
Executive Coach

Social Media Services
New Digital Media, Inc.

Connect With Steve On:

Twitter

Facebook

Linked in

727-587-7871

Email

About: Steve Pohlit CPA,MBA has been the CFO and COO of  major domestic and international companies.  Steve has extensive business ownership experience having purchased and started off line and on line businesses.

Steve offers his  build business profits expertise to companies and entrepreneurs with business coaching and business consulting.  His  focus is on building business  profits and net asset value at above average rates.  Steve incorporates health and wellness plus relationship guidance in his work as they are at the foundation of achieving all goals.

All articles published by Steve unless specifically restricted may be freely published with this resource information.

Most Retailers Miss This Huge Black Friday Opportunity

The ads are prolific for the biggest retail sales day (not profit) of the year…Black Friday. However, most businesses including physical retail store never go the extra step of developing a relationship with their customer.

Black Friday Sales are Brisk and Largely Unprofitable – Should Be Viewed As Lead Generation

Shopping Savvy customers are more often than ever making their list of deals, buying the deals and leaving. Cross over selling is declining. This means that most of the sales on Black Friday are unprofitable or just slightly profitable. Attention: take advantage of Black Friday’s increased traffic and look at it as a great lead generation opportunity.

Why Do Retailers Continue Black Friday Promotion If They Are Not Profitable?

If retailers do not compete on Black Friday someone else will grab that customer and there will be a loss of customer loyalty. Several years ago WalMart moderated their Black Friday and holiday promotion strategy and it was costly. Following that season they vowed never to be out of that game again. Since you are in the game capitalize on the the traffic at a minimum with a name and email capture campaign include text messaging lead capture if it is appropriate for your business.

Most Retailers Continue To Ignore A Great Opportunity When A Customer or Prospect Walks In The Door.

Customer Relationship Marketing is a huge opportunity. People want information and want to know “their store cares”. It is insane to focus on recruiting the store staffing with the right image and customer service attitude then not go the extra step to capture name and email address for a follow-up thank you.

For an increasing number of businesses adding text messaging marketing makes sense. However, it will not replace email marketing anytime soon. Email marketing and text message marketing will not replace the positive feeling someone gets when they receive a physical card. There are many businesses that should Send Out Cards.

I advise every one of my clients to implement a relationship marketing campaign.  There are numerous success stories. A recent very notable one is a company  just beginning to implement a relationship marketing strategy and the results are very positive in less than 60 days.  The winter season is the slowest time for their business. There have been cash flow problems in the past.  This season is shaping up to be very different in a positive way.

Action Steps:

Develop a customer relationship marketing strategy.  Part of the relationship is educating your customer on products, services.  Focus on the value you deliver rather than the latest deal.

Get A Business Coach! If you already have a business with more than 10 employees, Hire A Consultant who is  able to work with you part of the time on-site.

Would you like to be in the next group of very successful companies and entrepreneurs?

Contact me now.

Steve Pohlit

International Business Development Consulting
Real Estate Investment Consulting
Executive Coach

Social Media Services
New Digital Media, Inc.

Connect With Steve On:

Twitter

Facebook

Linked in

727-587-7871

Email

About: Steve Pohlit CPA,MBA has been the CFO and COO of  major domestic and international companies.  Steve has extensive business ownership experience having purchased and started off line and on line businesses.

Steve offers his  build business profits expertise to companies and entrepreneurs with business coaching and business consulting.  His  focus is on building business  profits and net asset value at above average rates.  Steve incorporates health and wellness plus relationship guidance in his work as they are at the foundation of achieving all goals.

All articles published by Steve unless specifically restricted may be freely published with this resource information.

 

The Five Best Principles For Economic Prosperity

These are the 5 best principles for economic prosperity ever ( I do not know the source…if you do let me know and I will give credit)

1. You cannot legislate the poor into prosperity by legislating the wealthy out of prosperity.

2. What one person receives without working for, another person must work for without receiving.

3. The government cannot give to anybody anything that the government does not first take from somebody else.

4. You cannot multiply wealth by dividing it!

5. When half of the people get the idea that they do not have to work because the other half is going to take care of them, and when the other half gets the idea that it does no good to work because somebody else is going to get what they work for, that is the beginning of the end of any nation.

Can you think of a reason for not sharing this? Neither could I and that is why I am …with you

Action Steps

Join Me in the Confidence Success Blueprint System

Get A Business Coach! If you already have a business with more than 10 employees,  Hire A Consultant who is  able to work with you part of the time on-site.

Would you like to be in the next group of very successful companies and entrepreneurs?

Contact me now.

Steve Pohlit

Steve Pohlit

Business Development Consulting
International Business and Real Estate Investment Coach

Social Media Services
New Digital Media, Inc.

Connect With Steve On:

Twitter

Facebook

Linked in

Phone:                             727-587-7871

Email

About: Steve Pohlit CPA,MBA has been the CFO and COO of  major domestic and international companies.  Steve has extensive business ownership experience having purchased and started off line and on line businesses.

Steve offers his  build business profits expertise to companies and entrepreneurs with business and real estate coaching and consulting.  His  focus is on building business  profits and net asset value at above average rates.  Steve incorporates health and wellness plus relationship guidance in his work as they are at the foundation of achieving all goals.

All articles published by Steve unless specifically restricted may be freely published with this resource information.

 

Greeting Cards Make A Lasting Impression…Send Out A Card …No Charge Today!!

Birthdays and major holidays are the most common times when we send and receive cards.  Other events are graduations, engagements, weddings, sympathy, birth.  One often missed is a simple thank you card.

I have not been great a sending cards. Going to the card shop, selecting a card and getting it mailed was something I just did not do very often.  That is changing for me because I finally paid attention to Send Out Cards   This system is awesome.  I am building my address book in the system.  If you already have a good address book on line, you can import it with ease.

Major Benefits and Features of  Send Out Cards 

The cards and gifts are more economical than most you will find in the store
Select a card, design a card from your computer and send it with a push of the button
Use the retail system right now (just click here)
If you are interested in what possibly is the perfect business, join as a representative.  When you send cards you are actually marketing this business.
This is the perfect system for realtors, business owners, entrepreneurs as Send Out Cards is the best system for supporting your appreciation marketing program.

State of The Art Features

Add your own pictures
Upload your actual signature
Use OCR code which links to your own custom video
Design your own gifts

I think the most surprising part of Send Out Cards is the cost of sending a card or card and gift. You may be aware that the cost of the products marketed by most direct selling companies or network marketing businesses is higher than comparable retail prices.  The cost of Send Out Cards  is actually lower plus there is  the convenience of selecting and sending cards and gifts right from you computer.

Click Here Now And Send Someone You Care About A Card ….See How Easy It Is Plus You Can Send  A Card FREE Today!

 

Action Steps

Join Me in the Confidence Success Blueprint System

Get A Business Coach! If you already have a business with more than 10 employees,  Hire A Consultant who is  able to work with you part of the time on-site.

Would you like to be in the next group of very successful companies and entrepreneurs?

Contact me now.

Steve Pohlit

Steve Pohlit

Business Development Consulting
International Business and Real Estate Investment Coach

Social Media Services
New Digital Media, Inc.

Connect With Steve On:

Twitter

Facebook

Linked in

Phone:                 727-587-7871

Email

About: Steve Pohlit CPA,MBA has been the CFO and COO of  major domestic and international companies.  Steve has extensive business ownership experience having purchased and started off line and on line businesses.

Steve offers his  build business profits expertise to companies and entrepreneurs with business and real estate coaching and consulting.  His  focus is on building business  profits and net asset value at above average rates.  Steve incorporates health and wellness plus relationship guidance in his work as they are at the foundation of achieving all goals.

All articles published by Steve unless specifically restricted may be freely published with this resource information.

 

Self Confidence Formula

Self-confidence formula by Napoleon Hill as presented in Think and Grow Rich

First I know that I have the ability to achieve the object of my definitive definite purpose in life therefore I demand of myself persistent continuous action towards it’s attainment and I here and now promise to render such action.

Second I realize the dominating thoughts of my mind will eventually reproduce themselves in outward physical action and gradually transform themselves into physical reality. Therefore I will concentrate my thoughts for thirty  minutes  daily upon the task of thinking of the person I intend to become thereby creating in my mind a clear mental picture.

Third I know through the principle of autosuggestion any desire that I  persistently hold in my mind will eventually seek expression through some practical means of attaining the object back of it. Therefore I will devote ten minutes daily to demanding of myself the development of self-confidence.

Forth I have clearly written down a description of my Definite Chief Aim in life and I will never stop trying until I have developed sufficient self-confidence for its attainment.

Fifth I fully realize that no wealth position can long indoor unless it is  built upon truth and justice therefore I will engage in no transaction which does not benefit all whom it affects.  I will succeed by attracting to myself the forces I wish to use and the cooperation of other people. I will induce others to serve me because of my willingness to serve others. I will eliminate hatred, envy, jealousy selfishness and cynicism by developing love for all humanity because I know that a negative attitude toward others can never bring me success. I will cause others to believe in me because I will believe in them and in myself

I will sign my name to this formula commit it to memory and repeat aloud once a day with full faith it will gradually influence my thoughts and actions so that I will become self-reliant and successful person

Now you know the formula. Will you follow it or continue to bemoan the lack of success in your life?

Join Me in the Confidence Success Blueprint System

Action Steps

Get A Business Coach! If you already have a business with more than 10 employees, Hire A Consultant who is  able to work with you part of the time on-site.

Would you like to be in the next group of very successful companies and entrepreneurs?

Contact me now.

Steve Pohlit

Steve Pohlit

Business Development Consulting
International Business and Real Estate Investment Coach

Social Media Services
New Digital Media, Inc.

Connect With Steve On:

Twitter

Facebook

Linked in

Phone:     727-587-7871

Email

About: Steve Pohlit CPA,MBA has been the CFO and COO of  major domestic and international companies.  Steve has extensive business ownership experience having purchased and started off line and on line businesses.

Steve offers his  build business profits expertise to companies and entrepreneurs with business coaching and business consulting.  His  focus is on building business  profits and net asset value at above average rates.  Steve incorporates health and wellness plus relationship guidance in his work as they are at the foundation of achieving all goals.

All articles published by Steve unless specifically restricted may be freely published with this resource information.

The Number One Question I Ask All The People I Coach To Answer

The Number One Question I Ask All  The People I Coach To Answer Is:

Have you decided how much money you are intending to make in the next year?

A definitive financial goal measurable in amount and time is essential.  For most businesses we use an annual horizon. Many advise a longer term strategic view.  Devoting time and energy to a strategic picture is part of it. However, I consistently find that a shorter time period that is easier to to clearly see developing is the most productive for most business owners and managers.

There is a lot more to achieving the financial goal which includes the business process, systems, leverage, marketing and working on the A items that make the most difference in business performance.  At this point…most people who read this article do not have a defined financial goal in place and related action plans designed to achieve that plan.  If you do this, you will begin to see a transformation in your business performance.

Action Steps

Get A Business Coach! If you already have a business with more than 10 employees, Hire A Consultant who is  able to work with you part of the time on-site.

Would you like to be in the next group of very successful companies and entrepreneurs?

Contact me now.

Steve Pohlit

Business Development Consulting
Executive Coach

Social Media Services
New Digital Media, Inc.

Connect With Steve On:

Twitter

Facebook

Linked in

727-587-7871

Email

About: Steve Pohlit CPA,MBA has been the CFO and COO of  major domestic and international companies.  Steve has extensive business ownership experience having purchased and started off line and on line businesses.

Steve offers his  build business profits expertise to companies and entrepreneurs with business coaching and business consulting.  His  focus is on building business  profits and net asset value at above average rates.  Steve incorporates health and wellness plus relationship guidance in his work as they are at the foundation of achieving all goals.

All articles published by Steve unless specifically restricted may be freely published with this resource information.

How To Achieve Abundant Financial Goals

The following was developed from the book Dynamic Laws of Prosperity by Catherine Ponder. Quotes are from the book unless otherwise noted. In the past I have written spiritual based guidance on my Manifest Masterming Blog. Today more than ever spiritual based practical guidance is needed and I am sharing this with a wider audience and including references to success of coaching students as well as my own experiences.

——————————–

1. Dissatisfaction: until we firmly decide that the our current situation is unacceptable, they will remain largely the same. It is also important to firmly know just because “things always have been that way” doesn’t mean they cannot change.

2. Build your pictures of financial abundance on paper and in your mind. Decide how your new state will best serve others.

…. Catherine Ponder writes in Dynamic Laws of Prosperity that ancients believed the number 10 has magical powers of increase. Start thinking 10×10 is coming to you. Ex look at $2000 in your account and focus on $200,000 coming to you (10×10)

She further writes …”Conservation of thought, energy and emotional drive are all greatly needed for financial prosperity. Scattered thnking, emotions and actions lead to a scattering of mind power which depletes your brain energy that is needed for intellectual and physical course of action.

I just spent the entire day with a new client and the main principle we worked on was identify the hours he could commit to his business and the focus of what he would achieve in that available time. In a very short periond of time he realized a seven figure income goal for him in the next 12 months was achieveable. “What the mind can conceive and believe, it can achieve.” Napoleon Hill

3.Think Big …dare to be different. “the time for daring is the moment when the stakes are high. We must be willing to risk much to win much.”

Personally I have taken substantial risks in my life and some of them have been huge disasters. I have never felt my purpose was to accept the status quo. My personal focus is on further improving my health, energy level and skill as I know with those three in place there are no limitations for me. I believe the same is true for you.

4. Quietly and Boldly hold onto an image of success. “I was never successful until I went in a partnership with God. God’s guidance never leads me anywhere but to greater prosperity. Begin and conduct each day asking your partner for guidance. God opens the ways where to human sense there seems to be no way. Grasp this truth and hold onto it. Then steady your faith and your courage.

5. Through the power of prosperous thinking all things are possible. It is necessary to discard negative attitudes and discard negative obstacles.

I have a friend who demonstrates this better than anyone I have ever met. She consistently focuses on fun and positive people. She immediately dismisses anyone or anything negative. As a result you would never know she has experienced the death of her first husband, another long term love and other major events that would have stopped others in their tracks. She is a successful entrepreneur, energitic, a devoted mom and great demonstraton of what is possible by focusing on the fun and positive.

6. “Success lies in being one pointed and rejecting all that distracts from ones victorious objective.”

7. “Cease needless activities, associations…cease being bothered with needless chatter with scatter minded people.

8. “Discipline yourself more, conserve your time and your energy. Please the still small voice of progress within your own heart.”

9. Concentrate Concentrate Concentrate on prosperity to the exclusion of everyhting else. Discard negative failure minded people and week out all undesireable relatonships. Be careful with whem and how you spend your time including your leisure time.”

10. Assume your prosperity now for the day, for the week, for the month. Begin affirming lavish abundance for the day even before you rise.

Affirm ” I expect lavish abundance every day in every way in my life and in my affairs. I specifically give thanksfor lavish abundance today.”

————————————–
Fact

There is no better way to move from where you are economically today than where you want to be than being in your own business.  There is no better way to succeed in your own business fast than to be led step by step by an experienced coach who has experienced success and struggles.

If you have limited funds – take a look at the free videos:

Build Your Business Even If You Are On A Low  Budget.
These Free Videos Will Show You How! Click Here

Note: there is only one surefire way of achieving the success you crave…take responsibility for your success. Become a better you.   Become valuable for others.

Build Business Profits Expert

 

Steve Pohlit International Business and Real Estate Investment Coach

 

Action Steps

Get A Business Coach! If you already have a business with more than 10 employees, Hire A Consultant who is  able to work with you part of the time on-site.

Would you like to be in the next group of very successful companies and entrepreneurs?

Contact me now.

Steve Pohlit

Business Development Consulting
Executive Coach

Social Media Services
New Digital Media, Inc.

Connect With Steve On:

Twitter

Facebook

Linked in

727-587-7871

Email

About: Steve Pohlit CPA,MBA has been the CFO and COO of  major domestic and international companies.  Steve has extensive business ownership experience having purchased and started off line and on line businesses.

Steve offers his  build business profits expertise to companies and entrepreneurs with business coaching and business consulting.  His  focus is on building business  profits and net asset value at above average rates.  Steve incorporates health and wellness plus relationship guidance in his work as they are at the foundation of achieving all goals.

All articles published by Steve unless specifically restricted may be freely published with this resource information.

The Economic Problem Explained by Heidi’s Bar

Heidi is the proprietor of a bar in Detroit ..She realizes that virtually all of her customers are unemployed alcoholics and, as such, can no longer afford to patronize her bar.

To solve this problem, she comes up with a new marketing plan that allows her customers to drink now, but pay later.

Heidi keeps track of the drinks consumed on a ledger (thereby granting the
customers loans).

Word gets around about Heidi’s “drink now, pay later” marketing strategy and, as a result, increasing numbers of customers flood into Heidi’s bar. Soon she has the largest sales volume for any bar in Detroit .

By providing her customers freedom from immediate payment demands, Heidi gets no resistance when, at regular intervals, she substantially increases her prices for wine and beer, the most consumed beverages.

Consequently, Heidi’s gross sales volume increases massively.

A young and dynamic vice-president at the local bank recognizes that these customer debts constitute valuable future assets and increases Heidi’s borrowing limit.

He sees no reason for any undue concern because he has the debts of the unemployed alcoholics as collateral!

At the bank’s corporate headquarters, expert traders figure a way to make huge commissions, and transform these customer loans into DRINKBONDS.

These “securities” then are bundled and traded on international
securities markets.

Naive investors don’t really understand that the securities being sold to them as “AAA Secured Bonds” really are debts of unemployed alcoholics.

Nevertheless, the bond prices continuously climb – and the securities soon become the hottest-selling items for some of the nation’s leading brokerage houses.

One day, even though the bond prices still are climbing, a risk manager at the original local bank decides that the time has come to demand payment on the debts incurred by the drinkers at Heidi’s bar. He so informs Heidi.

Heidi then demands payment from her alcoholic patrons. But, being unemployed alcoholics — they cannot pay back their drinking debts.

Since Heidi cannot fulfill her loan obligations she is forced into bankruptcy. The bar closes and Heidi’s 11 employees lose their jobs.

Overnight, DRINKBOND prices drop by 90%.

The collapsed bond asset value destroys the bank’s liquidity and prevents it from issuing new loans, thus freezing credit and economic activity in the community.

The suppliers of Heidi’s bar had granted her generous payment extensions and had invested their firms’ pension funds in the BOND securities.

They find they are now faced with having to write off her bad debt and with losing over 90% of the presumed value of the bonds.

Her wine supplier also claims bankruptcy, closing the doors on a family business that had endured for three generations, her beer supplier is taken over by a competitor, who immediately closes the local plant and lays off 150 workers.

Fortunately though, the bank, the brokerage houses and their respective executives are saved and bailed out by a multibillion dollar no-strings cash infusion from the government.

The funds required for this bailout are obtained by new taxes levied on employed, middle-class, nondrinkers who have never been in Heidi’s bar.

Now do you understand?

Action Steps

Get A Business Coach! If you already have a business with more than 10 employees, Hire A Consultant who is  able to work with you part of the time on-site.

Would you like to be in the next group of very successful companies and entrepreneurs?

Contact me now.

Steve Pohlit

Steve Pohlit

Business Development Consulting
Executive Coach

Social Media Services
New Digital Media, Inc.

Connect With Steve On:

Twitter

Facebook

Linked in

727-587-7871

Email

About: Steve Pohlit CPA,MBA has been the CFO and COO of  major domestic and international companies.  Steve has extensive business ownership experience having purchased and started off line and on line businesses.

Steve offers his  build business profits expertise to companies and entrepreneurs with business coaching and business consulting.  His  focus is on building business  profits and net asset value at above average rates.  Steve incorporates health and wellness plus relationship guidance in his work as they are at the foundation of achieving all goals.

All articles published by Steve unless specifically restricted may be freely published with this resource information.

Rep Mike Kelly Delivers A Strong Message About Fiscal Responsibility

Rep Mike Kelly (R-3rd PA- extreme northwestern PA) is an automobile dealer and member of the House Class of 2010. Listen to his 5 minute speech on the floor of the House. Totally bi-partisan. Eloquent, from the gut and coated with genuine “from the trenches experience in business – the free enterprise system”. We need 400+ more like him. Men & women, black & white, Hispanic or Asian. People with common sense and who will do what is right for the country.

Steve Pohlit

Business Development Consulting
Business  Coach
Real Estate Investment Coach
727-587-7871

Social Media Services
New Digital Media, Inc.

Connect With Steve On:

Confidence Success Blueprint

Build Business Profits 

Twitter

Facebook

Linked in

Email

About: Steve Pohlit CPA,MBA has been the CFO and COO of  major domestic and international companies.  Steve has extensive business ownership experience having purchased and started off line and on line businesses.

Steve offers his  build business profits expertise to companies and entrepreneurs with business coaching and business consulting.  His  focus is on building business  profits and net asset value at above average rates.  Steve incorporates health and wellness plus relationship guidance in his work as they are at the foundation of achieving all goals.

All articles published by Steve unless specifically restricted may be freely published with this resource information.

 

George Ross Says Put This On Your Wall: 20% of What We Do Results In 80% of Our Success

Each month I host or co-host an hour call for a private group with George Ross, Donald Trump’s right hand man. This is a unique opportunity to directly connect with one of the sharpest, most experienced businessman in the world. In this brief article I am sharing a key point that George made just last night on the formula he attributes to his success.

The 80:20 Rule

You probably heard it and know it but do you live it? George does and explains it this way: If you list 10 things you feel you must get done, look at them close and pick the 2 or 3 things that will make the most difference in your business and get them done. The rest either don’t matter or can be delegated to someone else. With incoming tasks think of three piles an A pile and a C Pile. The A pile contains the top 20% and the C pile contains the obviously least important items. The B pile holds all else. Now knock off the A pile.

Simple right? You can understand it and you can implement this system right now. But will you? Most will not long term because it requires discipline. That is your choice.

Every Choice We Make Has Consequences

Following  the disciplined steps known to result in success is a choice.  Choosing not to follow them or not to be disciplined to follow them is also a choice. Both have predictable outcomes.

Fact

There is no better way to move from where you are economically today than where you want to be than being in your own business.  There is no better way to succeed in your own business fast than to be led step by step by an experienced coach who has experienced success and struggles.

If you have limited funds – take a look at the free videos:

Build Your Business Even If You Are On A Low  Budget.
These Free Videos Will Show You How! Click Here

Note: there is only one surefire way of achieving the success you crave…take responsibility for your success. Become a better you.   Become valuable for others.

Build Business Profits Expert

"Steve Pohlit"
Steve Pohlit

 

Action Steps

Get A Business Coach! If you already have a business with more than 10 employees, Hire A Consultant who is  able to work with you part of the time on-site.

Would you like to be in the next group of very successful companies and entrepreneurs?

Contact me now.

Steve Pohlit

Business Development Consulting
Executive Coach

Social Media Services
New Digital Media, Inc.

Connect With Steve On:

Twitter

Facebook

Linked in

727-587-7871

Email

About: Steve Pohlit CPA,MBA has been the CFO and COO of  major domestic and international companies.  Steve has extensive business ownership experience having purchased and started off line and on line businesses.

Steve offers his  build business profits expertise to companies and entrepreneurs with business coaching and business consulting.  His  focus is on building business  profits and net asset value at above average rates.  Steve incorporates health and wellness plus relationship guidance in his work as they are at the foundation of achieving all goals.

All articles published by Steve unless specifically restricted may be freely published with this resource information.

What Does Clearly Defining Your Goals Mean? …Not A Trick Question

Every business owner and entrepreneur I coach finalizes a financial performance plan for their business during Phase 1 of the coaching program.  This plan is for at least a year and may extend 18 months or so.  While that has been a foundation of the success experienced by the many people I have worked with, I have arrived at an enhanced formula for even greater success.

While the entire picture is reserved for my clients, this will give you insight as to the expanded formula for success.  Here are some questions that will give you an idea:

1.  Knowing what you know now, would you be in this business if you were to start fresh today?

2. What is the visualization of your life three years from now with this business and what behavior and action steps do we need to implement now for that picture to become reality. With this questions I am focusing on lifestyle goals including the material things that the client is dreaming about.  So this is a stretch the imagination exercise.

From these questions and more we develop action steps that are implemented to achieve the desired outcome and measure actual performance against plan.  Plan Actual Variance is the Gold Formula which will be the topic of a future article.

In summary, defining your goals really means defining how you want to experience your life.  I look forward to your comments.

Fact

There is no better way to move from where you are economically today than where you want to be than being in your own business.  There is no better way to succeed in your own business fast than to be led step by step by an experienced coach who has experienced success and struggles.

If you have limited funds – take a look at the free videos:

Build Your Business Even If You Are On A Low  Budget.
These Free Videos Will Show You How! Click Here

Note: there is only one surefire way of achieving the success you crave…take responsibility for your success. Become a better you.   Become valuable for others.

Build Business Profits Expert

"Steve Pohlit"
Steve Pohlit

 

Action Steps

Get A Business Coach! If you already have a business with more than 10 employees, Hire A Consultant who is  able to work with you part of the time on-site.

Would you like to be in the next group of very successful companies and entrepreneurs?

Contact me now.

Steve Pohlit

Business Development Consulting
Executive Coach

Social Media Services
New Digital Media, Inc.

Connect With Steve On:

Twitter

Facebook

Linked in

727-587-7871

Email

About: Steve Pohlit CPA,MBA has been the CFO and COO of  major domestic and international companies.  Steve has extensive business ownership experience having purchased and started off line and on line businesses.

Steve offers his  build business profits expertise to companies and entrepreneurs with business coaching and business consulting.  His  focus is on building business  profits and net asset value at above average rates.  Steve incorporates health and wellness plus relationship guidance in his work as they are at the foundation of achieving all goals.

All articles published by Steve unless specifically restricted may be freely published with this resource information.

Bankruptcy, Foreclosure, No Time Freedom, Stressed?

The Top 5 System For Solving Personal Economic Stress:

1. You must focus on being healthy as you will need energy to achieve whatever goals you set out to accomplish and then to enjoy them as you accomplish them

2. Define the business or opportunity you are most excited about for generating income that you desire. Be sure you are excited about becoming a leader for the business and not focused on doing the work for the money.  You must be passionate about what you do.

Build Your Business Even If You Are On A Low  Budget.
These Free Videos Will Show You How! Click Here

3. Set out a specific measurable target of income you intend to make on a monthly basis that you can increase over time and the date when that income will flow

4. Develop a timed sequence action plan for achieving your business financial plan.

5. Implement your action plan each day, week and month making adjustments as you see what is working better than others.

Related:

There is no better way to move from where you are economically today than where you want to be than being in your own business.  There is no better way to succeed in your own business fast than to be led step by step by an experienced coach who has experienced success and struggles.

If you have limited funds – take a look at the free videos:

Build Your Business Even If You Are On A Low  Budget.
These Free Videos Will Show You How! Click Here

Note: there is only one surefire way of achieving the success you crave…take responsibility for your success. Become a better you.   Become valuable for others.

Build Business Profits Expert

"Steve Pohlit"
Steve Pohlit

 

Action Steps

Get A Business Coach! If you already have a business with more than 10 employees, Hire A Consultant who is  able to work with you part of the time on-site.

Would you like to be in the next group of very successful companies and entrepreneurs?

Contact me now.

Steve Pohlit

Business Development Consulting
Executive Coach

Social Media Services
New Digital Media, Inc.

Connect With Steve On:

Twitter

Facebook

Linked in

727-587-7871

Email

About: Steve Pohlit CPA,MBA has been the CFO and COO of  major domestic and international companies.  Steve has extensive business ownership experience having purchased and started off line and on line businesses.

Steve offers his  build business profits expertise to companies and entrepreneurs with business coaching and business consulting.  His  focus is on building business  profits and net asset value at above average rates.  Steve incorporates health and wellness plus relationship guidance in his work as they are at the foundation of achieving all goals.

All articles published by Steve unless specifically restricted may be freely published with this resource information.

Six Ways To Turn Desires Into Gold – From Think and Grow Rich

If you have read it, it is worth reading again and making notes. If you have not read it,  you will be well served by reading it.  The book “Think and Grow Rich” by Napoleon Hill  is readily available on line. It is priceless.

I am writing formula “Six Ways To Turn Desires Into Gold” as a reminder for myself. I hope you benefit from this formula.

“Every human being who reaches the age of understanding of the purpose of money wishes for it. Wishing will not bring riches.  But desiring riches with a state of mind that becomes an obsession, then planning definite ways and means to acquire riches, and backing those plans with persistence which does not recognize failure will bring riches.

The method by which desire for riches can be transmuted into its financial equivalent, consists of six definitive, practical steps:

First: fix in your mind the exact amount of money you desire. It is not sufficient merely to say “I want plenty of money.” Be definitive as to the amount.

Second: determine exactly what you intend to give in return for the money you desire. There is no such thing as something for nothing.

Third: establish a definite date when you intend to possess the money you desire.

Fourth: create a definite plan for carrying out your desire, and begin at once, whether you are ready or not, to put this plan into action.

Fifth: write out a clear concise statement of the amount of money you intend to acquire, name the time limit for it’s acquisition, state what you intend to give in return for the money, and describe clearly the plan though which you intend to accumulate it.

Sixth: read your written statement aloud, twice daily, once just before retiring at night, and once after arising in the morning. As you read – see and feel and believe yourself already in possession of the money.

Action Steps

Get A Business Coach who will help accelerate your realization of goals!  If you already have a business with more than 10 employees, Hire A Consultant who is able to work with you part of the time on-site.

Would you like to be in the next group of very successful companies and entrepreneurs?

Contact me now.

Steve Pohlit

 

Business Development Consulting
Business  Coach
727-587-7871

Social Media Services
New Digital Media, Inc.

Connect With Steve On:

Twitter

Facebook

Linked in

Email

About: Steve Pohlit CPA,MBA has been the CFO and COO of  major domestic and international companies.  Steve has extensive business ownership experience having purchased and started off line and on line businesses.

Steve offers his  build business profits expertise to companies and entrepreneurs with business coaching and business consulting.  His  focus is on building business  profits and net asset value at above average rates.  Steve incorporates health and wellness plus relationship guidance in his work as they are at the foundation of achieving all goals.

All articles published by Steve unless specifically restricted may be freely published with this resource information.

 

Thumbtack for Promoting Your Business

I was invited to promote my business coaching and consulting practice on Thumbtack.  So I created a profile and this process has begun. It is free at this time. It is too early to conclude if it helps.  I am sharing it with my readers.  Let me know what you think

Build Business Profits Expert

"Steve Pohlit"
Steve Pohlit

 

Action Steps

Get A Business Coach! If you already have a business with more than 10 employees, Hire A Consultant who is  able to work with you part of the time on-site.

Would you like to be in the next group of very successful companies and entrepreneurs?

Contact me now.

Steve Pohlit

Business Development Consulting
Executive Coach

Social Media Services
New Digital Media, Inc.

Connect With Steve On:

Twitter

Facebook

Linked in

727-587-7871

Email

About: Steve Pohlit CPA,MBA has been the CFO and COO of  major domestic and international companies.  Steve has extensive business ownership experience having purchased and started off line and on line businesses.

Steve offers his  build business profits expertise to companies and entrepreneurs with business coaching and business consulting.  His  focus is on building business  profits and net asset value at above average rates.  Steve incorporates health and wellness plus relationship guidance in his work as they are at the foundation of achieving all goals.

All articles published by Steve unless specifically restricted may be freely published with this resource information.