Managing Partner Time To Be Great, LLC Global Independent Distributor Healy, Vollara, Xelliss, BEMER Business and Real Estate Coach, Consultant Professional Speaker, Author
Business Turnaround and Real Estate Investment Coach
Today the Wall Street Journal reported and interview with Nokia’s former chief designer Frank Nuovo. Frank discusses how Nokia’s research and development team had prototypes of the smartphone and tablet with many of the popular features developed and marketed by Apple years later. The difference is that Nokia never brought the products to market and Apple did. Frank goes on to say that Nokia’s corporate culture was great in supporting research and development but lacked the culture of execution. Nokia just didn’t execute. Now the earnings for Nokia have plummeted and the company is playing catch up to survive.
Strong Profit performance results from Strategic Execution
Strategic Executionmeans being relentless taking action on the Top 20%. My friend George Ross (Donald Trump’s Executive Vice President) is passionate about 20% of all we do delivers 80% of our results. The Top 20% make up the A List. I have found this to be absolutely true in my own ventures and with the business owners I coach regardless of the business niche. Identifying the Top 20% is not difficult. However, the key to success is execution or taking action to implement the Top 20%. A related action is the continual review of the A List to confirm all items are still an A. Accountability for executing the A List is the primary value of having a coach. In the book Execution by Larry Bossidy, several most successful CEO’s in the world unanimously state their success is due in part to having a coach. What is holding you back?
Steve Pohlit is a CPA,MBA and has been the CFO of several major domestic and international companies. Today Steve is an expert business consultant focused on helping companies improve their business performance including growing profits, revenues and customers. For a FREE 6 week mini course where you will receive 10 easy to implement action steps guaranteed to increase business revenue and profits by at least 30% in the next 90 days, please visit www.StevePohlit.com All articles published by Steve unless specifically restricted may be freely published with this resource information.
Business Turnaround and Real Estate Investment Coach
Several people I coach are working business models that have more than a normal risk of not being successful. That is not typical of all the people I work with. My responsibility is to guide all on the successful performance of the business selected as measured by an increasing rate of revenue and profits. When I am skeptical, I advise people to have a back-up plan.
This week I was asked directly “Steve what do you do?” I described my core businesses with the main one being my business turnaround and real estate investment coaching business. I also discussed what I have gained from being part of the network marketing industry and especially the marketing and networking lessons I have learned.
There are many great people in the network marketing industry. One who particularly stands out is Eric Worre. He is always giving back with his persistent release of videos and more that teach people the principles of successful professional network marketing. It doesn’t matter if you have an interest in network marketing or not. You will be well served to register at Eric’s site Network Marketing Pro. Click Here after you watch these vidoes
“Debt Free – The New Status Symbol and Eric Worre’s Advice On How To Get There….Great Stuff!!
Eric’s primary business is Send Out Cards. The best way I know to help you see why this is a marvelous opportunity is to share the following”
Sending gratitude is one of the pillars of prosperity. The Law of Attraction teaches us what we send out we attract. What happens when I send gratitude is I fell really good. That feel good energy is going out to the Universe …yes to you too! I signed the commitment to the 30 Day Gratitude Challenge and I have already started…I recently read one person is on day 473. I know why.
In this report you will read Wayne Allyn Root’s own personal story on how the enthusiasm factor made all the difference in his career and still does today in one of the worst economies our country and many others in the world have ever experienced. And there is more…..Wayne shares the success stories of sports legends, a country hero and more. Wayne does not hold back. He shares the key to The Enthusiasm Factor….Don’t Delay Click and Get Yours Now.
Steve Pohlit is a CPA,MBA and has been the CFO of several major domestic and international companies. Today Steve is an expert business consultant focused on helping companies improve their business performance including growing profits, revenues and customers. For a FREE 6 week mini course where you will receive 10 easy to implement action steps guaranteed to increase business revenue and profits by at least 30% in the next 90 days, please visit www.StevePohlit.com All articles published by Steve unless specifically restricted may be freely published with this resource information.
I recently listened to a presentation where the speaker accurately listed four of the major reasons companies get stuck. They are:
Lack of Marketing
Lack of Talent
Lack of Systems
Lack of Capital
International Business and Real Estate Investment Coach
These are reasons for being stuck. They are not the why or the foundation of being stuck.
In my experience coaching hundreds of business owners and leaders, there is a main element at the core of a person or company that is the why. That core is….. FEAR.
“Success Is An Inside Job” which is why I spend about 20% of my coaching time advising business owners and leaders on how to strengthen their “Internal Guidance System”.
Once we address the core element of FEAR there are many additional steps to getting marketing, talent, systems and capital in alignment. I will address some of those in future articles and videos. As for FEAR and other negative emotions, I have been publishing articles for nearly four years to subscribers of my Manifest Mastermind program with most of the content being free. Members receive in-depth guidance. In fact I name these reports Guidance Processes. I am close to finishing a detailed Guidance Process to members on getting your internal guidance system unstuck. Non- members will get a lighter version on the Manifest Mastermind Blog.
Action Steps for Getting Your Internal Guidance System Unblocked or How To Remove Fear and Other Negative Emotions That Are Blocking Your Progress ( The biggest benefits to having a coach is guidance on action steps that make a huge difference and accountability for getting them done. I have 5 openings. If you are interested in more information email me or call me at 727-587-7871.)
1. Register for the Free Course at Manifest Mastermind and become a member if it is in your budget.
2. Buy a high quality journal that is leather bound and has high quality paper.
3. Buy the Daily Word and Science of Mind (Google them)
4. Buy the Yes Attitude by Jeffrey Gittomer (Amazon)
5. Have your own resources that will help you. The classic Think and Grow Rich is fantastic as well as all the books by Catherine Ponder, Jerry and Esther Hicks, Neil Donald Walsch, Wayne Dyer, Randy Gage and more like them.
6. Commit to a minimum of 15 minutes each day and ideally 30 -60 minutes reading the Daily Word, Science of Mind and Yes Attitude ( at some point you will finish the Yes Attitude and then replace it . Spend additional time with a book like Think and Grow Rich
7. Write in your journal the most compelling guidance from any of these resources that you want to focus on and have make a difference in your life. Now you can see why I advise invest in a journal. This is where very valuable thoughts and ideas go. There are many ways you can use a journal. At a minimum do what I am suggesting.
8. Carry the journal with you when possible or note cards from your journal and then when you catch yourself doing or saying something that represents a behavior you are intending to change refer to your journal for guidance. If you are journaling that you are going to take some forward moving action steps each day, write it visualize it as done and take action.
9. This all takes a commitment, persistence and practice. However you do want to become unstuck don’t you?
Steve Pohlit is a CPA,MBA and has been the CFO of several major domestic and international companies. Today Steve is an expert business consultant focused on helping companies improve their business performance including growing profits, revenues and customers. For a FREE 6 week mini course where you will receive 10 easy to implement action steps guaranteed to increase business revenue and profits by at least 30% in the next 90 days, please visit www.StevePohlit.com All articles published by Steve unless specifically restricted may be freely published with this resource information.
There is a complete time management and efficiency system I have been developing from the experiences I have working with George Ross (Celebrity Apprentice), Wayne Allyn Root and from my own business experience. I have used several
International Business and Real Estate Investment Coach
labels for this system in coaching clients including the 80:20 Time Management System. This is an idea that developed from working with George who is a major advocate and teacher of the 80:20 rule for achieving extraordinary results.
Why Brain Surgery Time Management
On a call recently I asked the question “do you think brain surgeons leverage their time?” The discussion included the response that since brain surgery is so specialized there is no leverage. I explained that brain surgery may be the best example of optimal leverage. Nearly everything in advance of, during and following brain surgery is done by others. The brain surgeon evaluates the patient and concludes on the procedure only after a huge number of preliminary steps are taken. Then the actual procedure takes place when all the facilities, equipment and support staff are ready. When ready the surgeon uses his or her specialized skill and then turns most of the rest of the process over to support.
Critical Path
What makes the most difference? All the support before, during and after brain surgery is irrelevant without the surgeon using her or his skills and successfully operating. The surgeon is trained to work with all the support for a successful procedure. In business many people do all the steps themselves. This is why I am completely focused on identifying with clients the actions that make the most difference in achieving their business performance goals.
George Ross reminds us that 20% of what we do result in 80% of the income we earn. Wayne Allyn Root advises on a system of positive addictions with focus on actions that are directly related to goal achievement.
The scope of this topic including how to implement Brain Surgery Time Management is much bigger than what can be covered in an article. However, this presents the key foundation points and if you need help then….
Steve Pohlit is a CPA,MBA and has been the CFO of several major domestic and international companies. Today Steve is an expert business consultant focused on helping companies improve their business performance including growing profits, revenues and customers. For a FREE 6 week mini course where you will receive 10 easy to implement action steps guaranteed to increase business revenue and profits by at least 30% in the next 90 days, please visit www.StevePohlit.com All articles published by Steve unless specifically restricted may be freely published with this resource information.
The message is inspirational. Inspirational material can be very powerful. Each person I coach, uses the accelerated accountability worksheet I have developed for planning weekly optimal performance. This plan is linked to a longer term financial goal that we reverse engineer to what is required today in order to meet and possibly exceed the goal. The first line of the accelerated accountability worksheet is “self development..mindset”. I started with that line for everyone based on my own experience observing my own life when I did this work first and when I didn’t. huge difference.
This video is a call to action and a reminder of being focused. Each of us has different interpretations of what the second half means and what we need to do to win the second half. The teams come out with a plan and adjust the plan based on a continual evaluation of new information. Each one of us can view videos like this one and other resource material and do one of two things:
1. smile and say “that’s nice”
2. develop an action plan on how we can become better in the second half then implement that plan.
I have already picked #2…. and you?
The Fastest and Most Efficient Way For Most People and Companies To Achieve and Exceed Their Goals Is By Working With A Coach
Steve Pohlit is a CPA,MBA and has been the CFO of several major domestic and international companies. Today Steve is an expert business consultant focused on helping companies improve their business performance including growing profits, revenues and customers. For a FREE 6 week mini course where you will receive 10 easy to implement action steps guaranteed to increase business revenue and profits by at least 30% in the next 90 days, please visitwww.StevePohlit.com All articles published by Steve unless specifically restricted may be freely published with this resource information.
The value of the relationships you have and are developing is relationship capital. This is the single biggest reason for my career moving forward again in 2009 after being stalled for a number of years. It was late summer 2009 and I had successfully launched an on line membership site using social media marketing. However, financial prosperity was not developing as I preferred. I reflected on my situation at that point in comparison to those periods in my career when I was “on my game” and doing very well financially. I identified personal contact with highly successful people as being the difference. In 2009 I was connected with a large group of people online. However, my personal connections were largely dormant. I made a commitment to reestablish a vibrant network with successful people….I visualized that already being in place. Several weeks later, I received a phone call from a person I didn’t know. However, I spent time with him and that one call led to an acceleration of my business and real estate coaching career. Most importantly, it led to a rapid acceleration of my network with successful people.
The door was opened and I worked it very hard and still do today. The relationship capital continues to get stronger because I focus on bringing as much or more value to the relationship as I gain from it. In the Universe it is called the Law of Reciprocity. You may be familiar with “what goes around, comes around” or what you send out comes back to you. Personally adding value to another is my greatest reward. Just yesterday I received an email thanking me for the work we did in 2011. The person said he would have most likely lost his business had it not been for our relationship and our coaching.
This is so important I am modifying one of the chapters in The Book on Business Profits which is in development. In this message I will share with you several key steps you can take to build your relationship capital in a major way even if you are in a situation with very limited financial resources. Relationship capital extends to our personal lives as well and that is a subset for a future article.
Leverage
Leverage is a term that is not well understood in the business sense. I summary, leverage is where you focus on where your talents are best used and work with others who have complementary skills for work that is needed in your business. For example, in the real estate investment business there are just several key categories of activity including: finding the deals, renovating the properties and sourcing the funding. Some people are very skilled with building and repairing. I can assure you I am not one of those people so I find those with that skill set. One important point if you are responsible for your business…you cannot leverage the responsibility for being the leader. If you don’t want to be a leader then you probably are best served working on someone else’s team or for a company. There is nothing wrong with being a team member or working for a company. I held a number of those positions and those experiences contributed to my growth and development.
Five Steps To Developing Relationship Capital Right Now Even If You Are Not Connected With Anyone Successful and Have Very Limited Financial Resources
1. Network Marketing or MLM – I am a major advocate of quality companies in this industry because of the network you can build and the training you will receive for very little money. The one principle that took me many years to learn was to market those products that many people are already buying and using. With that criteria in mind there are primarily two businesses I suggest everyone take a close look at because you will benefit greatly from using the products and they are easy to suggest to others. Both of these businesses have greatly enhanced the incentives to getting started right now. They are:
a. Send Out Cards – I love this as I can send cards more economically sitting in front of my computer than I can going to the store, picking out a card, writing a note, addressing it and mailing it. You can get started in this business as a business owner for about $300. Imagine that for $300 you can be in business and if you don’t want to be in that business, people will love getting cards from you. Sending cards is the number one tool in my view for building relationship capital following a personal meeting. Click Here Now for More Information
b. Organo Gold – Amazing health benefits just by drinking what most people are already drinking…coffee , tea, hot chocolate. This article will be on line for a long time. Right now and for the next 60 days I know you can join this business by acquiring a special gold pak for $500. That is how I joined the company nearly a year ago. Gold members are positioned for maximum compensation. Normally a gold pak is about $1,200 which is still a deal but $500 is better. Click Here For More Information
c. Coaching – joining a coaching program is much more than having an expert help you. The right coach will help you build relationship capital. You will be hiring an expert which takes funds. Personally I have my next level of coaching expertise identified and will hire that person as soon as possible.
d. Leverage your time and skills with people who have funds to put to work. For example I would love an energetic person to introduce Organo Gold to every independent coffee shop in my market and help charitable organizations understand how this product line can help them raise sizable funds. I am prepared to sponsor them, and help them with some expenses like the cost of samples and gas for their car. In the real estate business, we are always looking for people who want to learn real estate investing and want to become an apprentice with us. They need to be able to fund their personal expenses for 4-6 months. There are other ways to leverage once you start thinking in terms of what you can bring to the table in terms of time and skills and combine that with a deal partner interested in putting their money to work. Note if you are in the situation of limited funding it will require alot of work to find a person who will work with you and support your plan.
e. Network business events, training events, charitable events, political fund raisers, social events and more.
Summary – Relationship Capital is key to your success, Leverage is key to you optimizing productivity and performance.
Steve Pohlit is a CPA,MBA and has been the CFO of several major domestic and international companies. Today Steve is an expert business consultant focused on helping companies improve their business performance including growing profits, revenues and customers. For a FREE 6 week mini course where you will receive 10 easy to implement action steps guaranteed to increase business revenue and profits by at least 30% in the next 90 days, please visitwww.StevePohlit.com All articles published by Steve unless specifically restricted may be freely published with this resource information.
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?
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.
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?
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?
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 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?
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 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.
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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.”
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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.
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?
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.
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.
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?
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.
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.
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?
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 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.
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?
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.
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
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?
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.
Working with business owners domestically and internationally in many different industries offers confirmation on key success factors for optimizing business performance and areas where entrepreneurs and business executives have the most trouble. In this article I address what I have found to be the number one challenge for most businesses.
Steve Pohlit Build Business Profits Coach and Consultant
The Shocking Build Business Profits Fundamental That Most Entrepreneurs and Business Executives Miss
There are a handful of key fundamentals that every business needs to consistent have in place in order to optimize business performance as measured by building business revenue, profits and liquidity. I regularly address one or more of these at my blog Build Business Profits which is the new domain that I moved from Steve Reports. Strategically I am positioning Build Business Profits to be the “go to” blog for business advice. I have always written material based on what I find working with my clients. Readers should benefit greatly from this material as it reflects the actual experiences of companies I am working with. I am sharing that with my readers so you can have an insight as to how I am addressing the current branding for the business coaching and consulting business.
The one fundamental that most business owners and business executives have difficulty with is The Executive Summary that defines their business. I work with every client on this document and advise them the goal is not primarily to have a document that will be sent out to the public, although there are no restrictions on doing that. Rather the goal is to prepare the business leader for effectively defining their business in a networking situation. A related business benefit is that the Executive Summary generally forms the foundation of the home page of the company’s website. The key elements I coach businesses on are the development of the written document and then how to effectively network for relationships that will help their business.
The coaching on networking has evolved to include more guidance on building the relationships. This is important because as people begin to develop a clear definition of their business they need to know how to effectively communicate with people so to engage them and not turn them off. Imagine you are at a networking event or following up with someone you met at an event. How would you feel if that person begins telling you all about their business or business opportunity without expressing any interest in you and what you do. How likely are you to become engaged yet alone stay interested? The likelihood is 0!
So I focus my business coaching and consulting experience beyond the guidance of developing a clear executive summary and help people develop relationship building skills. Everyone finds that valuable!
Where Did I Learn What I Coach?
Clearly I learned and perfected a lot of these principles during the portion of my professional career with Arthur Andersen & Co. where networking was the primary way we marketed our services. However, as an entrepreneur, I seemed to lose some focus on networking skills. Now I am working with leaders who have as many as five coaches. I have two coaches and the primary focus includes the development of skills for building revenue and profits. Right at the top of that skill set is relationship building.
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?
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.
