Managing Partner Time To Be Great, LLC Global Independent Distributor Healy, Vollara, Xelliss, BEMER Business and Real Estate Coach, Consultant Professional Speaker, Author
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.
Steve Pohlit, International Business Turnaround and Real Estate Investment ConsultantMy friend and mentor The Enthusiasm FactorWayne Allyn Root recently published a report titled: “The Remarkable Results of The Enthusiasm Factor In Business and Entrepreneurship”. In case you are not familiar with Wayne he is the 2008 Vice Presidential Candidate for the Libertarian Party. Wayne’s weekly commentaries on Fox, ABC, Newsmax, Forbes and more reach more than 70 million people. On of his primary business which he operates from his home with almost no overhead earns more than $100,000 per month for most of the year. (It is a seasonal business.) In less than a minute of hearing him speak you will know why he is branded as Mr. Relentless and Mr. Enthusiasm.
In this report you will read Wayne’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.
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 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.
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.
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!
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 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 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.
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?
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.
“Being on par in terms of price and quality only gets you in the game. Service wins the game.!” Tony Alexandr
During a recent call that I co-host on a monthly basis with George Ross for a select private group of business owners and entrepreneurs, we discussed how to create the “wow factor” in non-real estate businesses like a convenience store or hardware store. George advised all to focus on the personal touch. Sure appearances and merchandising are important. Getting to know your customer, demonstrating a sincere interest in the person is what keeps people coming back.
I have no favorite stores any longer. I mostly shop on line and even the on line experience is mixed with ease of shopping. I do have a few favorite restaurants and as a business traveler I have a few (very few) favorite hotels. However, nearly every day there is an opportunity for a business to provide memorable service and they do. Trouble is the memories are not very positive in most cases.
Here is a recent example. It happened this morning. Jos A Bank is offering a two day buy 1 get 2 free special. There are a couple items I really like from that store. This is a great opportunity for a deal. However, their on line shopping cart is not working properly for the special. So I called and a pleasant lady helped me by phone. When I received my order confirmation, it was wrong …very obviously wrong since there was only one of an item I order instead of three. I called back to customer service and hopefully the order will be correct now.
Look at all the steps and look at the additional time and look at the impression I have of this business. Now I will shop again when I see a great deal since there are items where I like the fit and quality. Guess what there are many places where I can get the right fit and quality. I am not finding places where I feel I am honored as a customer. See the opportunity?
I know if I were to visit certain specialty stores I would receive personalized attention. However, I do not have the time and neither do a lot of other people. There are a growing number of businesses that promote deals: Groupon , Deal of the Day and many more. Nobody is promoting service…big opportunity.
Speaking of service ….that’s my business. Actually your success is my business.
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.
Remember, not only did you contribute to Social Security but your employer did too. It totaled 15% of your income before taxes. If you averaged only 30K over your working life, that’s close to $220,500. If you calculate the future value of $4,500 per year (yours & your employer’s contribution) at a simple 5% (less than what the govt. pays on the money that it borrows), after 49 years of working (me) you’d have $892,919.98. If you took out only 3% per year, you receive $26,787.60 per year and it would last better than 30 years, and that’s with no interest paid on that final amount on deposit! If you bought an annuity and it paid 4% per year, you’d have a lifetime income of $2,976.40 per month. The folks in Washington have pulled off a bigger Ponzi scheme than Bernie Madoff ever had.
Entitlement my ass, I paid cash for my social security insurance!!!! Just because they borrowed the money, doesn’t make my benefits some kind of charity or handout!! Congressional benefits, aka. free health care, outrageous retirement packages, 67 paid holidays, three weeks paid vacation, unlimited paid sick days, now that’s welfare, and they have the nerve to call my retirement entitlements !!!!!!…..scroll down…………..
Emergency Rooms for their general health care -At just one hospital the cost to tax payers totaled over 25 million a year!!!
Someone please tell me what the HELL’s wrong with all the people that run this country!!!!!!
We’re “broke” & can’t help our own Seniors, Veterans, Orphans, Homeless etc.,???????????
In the last months we have provided aid to Haiti, Chile, and Turkey. And now Pakistan home of bin Laden. Literally, BILLIONS of DOLLARS!!!
Our retired seniors living on a ‘fixed income’ receive no aid nor do they get any breaks while our government and religious organizations pour Hundreds of Billions of $$$$$$’s and Tons of Food to Foreign Countries!
They call Social Security and Medicare an entitlement even though most of us have been paying for it all our working lives and now when its time for us to collect, the government is running out of money. Why did the government borrow from it in the first place?
We have hundreds of adoptable children who are shoved aside to make room for the adoption of foreign orphans.
AMERICA: a country where we have homeless without shelter, children going to bed hungry, elderly going without ‘needed’ meds, and mentally ill without treatment -etc,etc.
YET………………….
They have a ‘Benefit’ for the people of Haiti on 12 TV stations, ships and planes lining up with food, water, tents clothes, bedding, doctors and medical supplies.
Imagine if the *GOVERNMENT* gave ‘US’ the same support they give to other countries.
SAD?
YEAH, OK, SO WHEN DO WE GET SICK AND TIRED AND
DO SOMETHING ABOUT IT?????
99% of people won’t take the time or have the interest to forward this.
I’m one of the 1% — I Just Did
——————————————-
Action Steps
Start Paying Attention To Every Elected Official’s Stance On Our Economy and Government.
Advocates of government being the answer should be fired.
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 have been coaching Jason Doucette on building business profits using his technical programming skills. Lead Capture Toolkitwas an idea that emerged and Jason has now launched this program. Essentially it is an application that helps you build your Facebook Likes by offering an incentive that people receive when they register their name and email address. This registration information is integrated with popular autoresponder systems. I have set on up on my Facebook Page and I use the autoresponder service by Aweber
Most everyone appreciates the value of building your list. Most marketers have autoresponder accounts and build relationships using email marketing communications as a primary tool. Facebook is one social media site that has become hugely popular with companies and entrepreneurs since restructuring their Page feature. You probably have seen requests to Like My Page.
Lead Capture Toolkitadds to your Facebook page the option to offer an incentive for a Facebook Fan to join your email list. Once set up, (the set up is very straight forward) the process is very smooth for a subscriber. Subscribers receive the opt-in confirmation in their email which in compliance with no spam practices. Once confirmed they receive the incentive you offer which is a well known and proven to work technique for building your list.
The benefit for you in using Lead Capture Toolkit is you are building your list as you build your Facebook fans.
I have been testing the functionality of Lead Capture Toolkit for about a month. It is easy to set up and integrates very easily with Facebook. Part of the coaching has been to enhance the training through videos and text on the steps to install this valuable application. Click Here and Check It Out. You are welcome to leave your questions and comments here or connect with Jason.
Action Steps
Click Here Now for Lead Capture Toolkit. Jason did not follow my advice on pricing. It is very low. Get it now before he changes his mind and raises the price. Yours can be free by simply becoming and affiliate and having just two people buy it from your link. It has been approved by Click Bank and is now listed there.
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.
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.
The Foundation Principle of The Strategy of Preeminence
The foundation principle of the Strategy of Preeminence by Jay Abraham is to love your client. This means a complete focus on bringing maximum value to a client where you provide a service or sell a product.
How To Fall In Love With Your Client
Steve Pohlit on Implementing Jay Abraham's The Strategy of Preeminence
As a business coach and business consultant at the outset with every new client, my focus is completely on how to help them achieve their intended goals as fast as possible. I have a single minded vision. I am in love with the idea of leaving the client in a better position as a result of my work with them.
For the most part my clients are engaged in the process. The ones who are not, do not receive the full benefit of my experience. This is because an increasing amount of time is spent trying to determine what will work the best in getting them to take directed action. I fall out of love with the idea of being able to help them because they are not helping themselves.
In summary become completely focused on the success of your client or the outcome they are intending when buying your product. As your market knows your passion for client success stories, you become the the “go to business” for service/products. When that happens you are experiencing the benefit of implementing the Strategy of Preeminence. There’s More!!!
How To Develop The Confidence To Implement The Strategy of Preeminence
I consistently coach clients to develop their own self-development program so that they are in a state of happiness and confidence. This is important for success in their personal and business lives. The number one barrier that blocks people from moving forward and achieving what is possible for them is lack of confidence..lack of self esteem. Once that is addressed then I find most often a gap in defining success. Without a clear definition it is impossible to implement an action plan that can lead you to the goal. The majority of the time we don’t just get in a car and drive. We have a destination and we research the route if we don’t already know it.
The Best Way I Have Found To Strengthen Self Esteem
Og Mandino is the author of quite a few wonderful self development books. One of them is The Greatest Miracle In The World. In that book, Og writes about the probability of any human being born. The math works out to be 1 in 300 billion or something like that. He uses that information to emphasize just how special each is. I love to reflect on that information as it applies to me and everyone else.
Developing confidence starts with strengthening your self esteem and then putting yourself in positions where that are outside of your comfort zone. The more you do that, what was outside of your comfort zone becomes inside your comfort zone. For example, public speaking is frightening for many people and it has been for me in the past. Now I love it and that experience helps me when networking for my businesses. Many networking situations involve standing up in front of a group and presenting who you are, what you are looking for and what you bring to the table. I coach all my clients on how to become better at this since business success results from build successful relationships.
How To Achieve Success Beyond Measure
1. Define success in measurable terms
2. Develop step by step action plans designed to achieve the intended results.
3. Make adjustments as you get feedback on how you are doing vs. you plan. This is the Plan vs Actual = Variance formula I share at all my live event presentations. I have named this The Gold Formula.
4. Be relentless every day on implementing the action plan you you developed to achieve your success goals
5. End you day on a positive note with completing an important task or successfully marketing to one more client or an existing one.
6. Never ever lose site of the goal of being part of a better outcome as a result of you coming to the table.
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.
I Will Coach 5 People And Help Them Build A Profitable Business From Scratch Fast. …FREE!
People who I work with and those who follow my articles know I am an expert business coach and consultant. Now I am offering this experience and expertise to a handful of people for FREE. If you recognize the value of this opportunity then act fast since I only have room on my schedule for 5 people.
Steve Pohlit to Coach 5 People Free
Note: This message is going out to my mailing list and my social media marketing network. This is a very large group and I can only work with a limited number of people so act fast and please pay attention to the steps you must follow….very simple actually.
The Two Most Important Criteria For Acceptance
1. A burning desire to be successful with your own business
2. A commitment to follow my coaching program meaning implement the action steps I provide.
What You Will Learn
I will teach you the key principles I use when coaching entrepreneurs and consulting with very large international companies. These include:
Marketing
Organizational Development
Effective Networking
Social Media Marketing
Internet Marketing
Time Management
Leverage
Much, much more
Nothing will be held back.
What Is The Catch?
You will be learning how to build your business based on a product that you promote. There are varying levels of investment to acquire the product. However, I will only coach those who position themselves for maximum earnings. This means you will have an investment in product totaling approximately $1,300.00 Please note a coaching program would cost you quite a bit more than $1,300 and you will receive product worth more that the $1,300 investment.
Quite honestly, if you follow my coaching you should be able to recover you investment and be in the money in a very short period of time….60 days or less.
What Is The Profit Potential?
My personal goal is to make 6 figures….per month! You can too. Of course this won’t happen overnight but that is an achievable goal. I know that because I am personally working with one person who is doing that and several more who are on track to do the same.
Click here for the main site. You will receive one just like it when you register.
For you to remain in the compensation program there is product autoship program requiring $100 per month. Again this is product that you can use for personal consumption and for building your business.
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.
In a recent article I addressed The Strategy of Preeminence taught by Jay Abraham. Studying and coaching on this material has heightened my awareness of examples of people and companies who exemplify a preeminent mindset. Unfortunately there seems to be a dominance of examples opposite of a client success focused culture. Every example is an opportunity for business to improve. Every improvement will be met with a corresponding increase in business profits.
Recent Examples:
United Airlines automated systems called me to alert me a flight I had scheduled was cancelled. Being notified was good. Working on practical alternatives with United was a nightmare. It is true United Airlines booked me on a later flight. However, when you have plans beginning at noon, arriving at 6:30PM is not a viable option. In researching alternatives, I learned there was a flight that would have arrived only two hours late. That flight was on American which is a Star Alliance Partner of United. United didn’t book me on that flight, however United tried to call them and after a 45 minute wait there was not enough time to book it, confirm it and make the flight.
The logistics were one item. A deeper issue was communication. United Airlines customer support is located in India. While well intended, communication with people in a country where English is not their first language just does not work. It was so difficult that I went to the airport in Chicago and tried to resolve the situation there. I learned that I could book a flight back to my home town in Tampa for a price of nearly $500. On line earlier, the price of that flight was $181.00 The representative at the airport gave me some explanation about rates that didn’t make sense. Additionally I could tell he really was not trying to help me.
I finally found a flight back to Tampa on another airline at a reasonable price. It was clear I was not going to get to my original destination so I decided to fly home. When I got to the gate for that flight I found it was delayed and hour which would mean I would miss my connecting flight. However the gate agent said “wait a minute I can get you on a United Flight direct leaving in an hour” She demonstrated a sincere client focused mindset. Ultimately I made that flight and returned home not feeling very good about spending most of the day on these logistics.
The airline industry has people that do their job well with a “serve the client” attitude. However, many parts of this system are broken including pricing and phone support. There are airlines that get it more right than wrong. My favorite is Southwest which is why they have been consistently profitable. Yes there is a direct correlation between serving the client and profitability.
Recommended Action Steps
If you have an automated attended phone system, trash it and have a live person answer the phones.
If you use staff from a third world country for customer service, develop US based call centers for US and English speaking customer calls.
Be sure your business model on line is consistent with your physical business model.
Strategically evaluate how well you are doing implementing a Strategy of Preeminence.
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.
Jay Abraham is a legendary coach and consultant guiding companies and entrepreneurs to making more money….alot more money. If you are not familiar with him, click here and I also recommend you Google Jay Abraham.
Jay developed a core value named The Strategy of Preeminence. I am a long time student of Jay’s and I am a coach with Top One Coaching We include the strategies of Jay Abraham with The Strategy of Preeminence being at the foundation.
The Strategy of Preeminence Summarized
The Strategy of Preeminence is:
1. A mindset
2. A Value System
where the focus is on your
1. Client
2. Employee
3. Vendors
4. Any business relationship that helps your business move forward.
Examples:
Two clients own body shops…a business that fix wrecked vehicles. There are two major stress points: first there is the emotion associated with damage and next there is the emotion of wanting this damage restored back to original or better than original condition. Both clients are totally passionate about how their client is treated and how the process of restoration is handled. My role is to help them develop additional marketing strategies so their markets know they are the trusted advisor and service provider in their niche. I also help them improve operations and systems for the strengthening of gross margin and net profit.
Real Estate Investors add tremendous value in the marketplace by helping their clients including sellers, buyers, contractors, realtors and the community. Those focused transactions where all win are the most successful investors long term. The have become the trusted investor in the marketplace. Top One Coaching goes way beyond coaching people on real estate transactions.
I measure my success as a business coach and consultant by the success of those I work with. I know when the direction we are working on is working and when it doesn’t. I take both outcomes very personally. My mindset is always on the success of the business owner I am coaching.
Notice the purposeful use of the word client. In one of Jay’s presentations focused on the Strategy of Preeminence he reminds of the following definitions:
Client: A person under the care of another
Customer: A person who purchases a product or service.
Companies who view themselves as sellers of products or services are essentially viewing themselves as a commodity merchant. Those who have established themselves as the “go to” expert/trusted advisor operate from a position of strategic preeminence.
The Top 5 Steps for Achieving Strategic Preeminence.
A reminder and a comment:
Remember..the Strategy of Preeminence applies to all constituents that are involved with your business – not just your clients.
Comment…Jay Abraham is legendary and brilliant. His creative thought process would likely offer 50 or 150 steps to implement the Strategy of Preeminence. I offer I feel will make the most immediate impact on building business profits. Undoubtedly this list can be expanded. Let’s jog before we go for the sub 4 minute mile.
Step 1 To The Strategy of Preeminence: Internal Congruence
This means you must be passionate about what you do. If you are not passionate about your business, do something else. If you are passionate about making money but you are not passionate about how you are making money, do something else.
It is virtually impossible to be in a sustainable position of preeminence without a passion for what you do because you will not be authentic.
Step 2: Clear Definition
Clearly define your business including strategic direction, what you want and what you bring to the table (what is in it for your clients) In the book Onward by Howard Schultz, CEO of Starbucks he writes about the rise, fall and near failure of the business. The number one item he identified as the reason in declining performance was the focus on growing the numbers to please Wall Street and the gradual disconnect with Starbuck’s customers.
The transformation agenda that Howard developed in connection with his return as CEO opens with “The Starbucks mission: To inspire and nurture the human spirit on person, one cup, and one neighborhood at a time.” That agenda went on to address the product, the partners and shareholders. The transformation agenda was the first step to turning around the business. This book is a “page turner” I love it and recommend it highly.
Once the definition of what your business represents becomes part of you, it will make a huge difference in your business. If it is not part of your belief system then people will know you are not authentic and the status of preeminence will not be experienced.
Step 3: Develop A Strategy of Preeminence Communication Strategy
The goal of your communication strategy is to expand the awareness of clients, employees and all constituents as to how your business achieves the core values of your business. Everything you do as a business must reflect the passion of your business purpose. Every email, blog article, social media tweet, status update….all the content on your company media, website and more needs to be congruent with the passion of your business purpose.
The type of communication you use will be dependent on your target audience and distance from you. The more personal the communication the more effective you are likely to be. This is actually a subject of many books and seminars. For now just remember that all communication should be in alignment with your core values and business purpose.
Step 4: Develop Systems That Confirm Your Strategic Purpose Is On Track
It wasn’t that Starbucks didn’t have measurements, it was the fact the evolving direction was on same store revenue growth and continually higher quarterly performance. This was not the core value that would result in a preeminent market position.
Top One Coaching has a report card system for evaluating clients and for clients to evaluate coaches.
Clients who refer business to you is a great measurement.
Employees will tell you.
Pay attention to how well you are developing permanent relationships.
Here is the key…you must take the time to pay attention and develop specific feedback benchmarks that tell you you are on track. One action step I recommend is a brief weekly meeting for 30 minutes or so with employees and others to evaluate progress. Personally I always ask clients what else will help them the most even when based on my experience I am confident in the direction.
Givers Gain: That is the mantra of Business Network Institute and it is true. Remember to spread the word of those you work with who do a great job. Maybe it is a contractor, attorney, accountant, real estate agent or someone who cleans your office…..share.
Step 5: Strategic Performance
This is the financial performance model incorporating my Gold Formula. I have named this the Gold Formula because I have found the gold is in variance from plan. The gold formula is plan…actual…variance. With every business we develop a financial plan for near term business performance. Near term is generally a year. We detail that plan by month then begin tracking variances from plan. This process supports your evaluation of how well you are doing to implement the Strategy of Preeminence. If your variances are consistently negative to a valid plan something is not right.
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 Greatest Salesman In The World” by Og Mandino – delivers a powerful 10 step success formula. One is titled “Act Now”. Beyond the obvious, Act Now reminds us there is no guarantee we will be here tomorrow so get it done.
Raymond Aaron who is the author of many books including “Double Your Income Doing What You Love” counsels us to outsource what we don’t love to do. Tasks we don’t love to do are the single biggest reason behind procrastination according to Raymond.
Both authors offer great guidance in these and other books they have written. The people who I coach and companies who are clients receive very clear action steps and timetables for completion. Not acting is the single biggest reason for lack of progress or even failure.
However success is beyond “Act Now”. It is “Act Now” on the right things. What are the right things? The right things are the action steps that result in you achieving your clearly defined measurable goals. The Advanced Accountability System which is what I use with all clients begins with the establishment of near term measurable plans.
Not all plans are financial. There are plans for increasing personal energy, plans for self-development, plans for improving key relationships. All components are key. So “Act Now” on those things that are going to make the most difference in your business and your life.
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 millionaires?
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 business building experience 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.
Almost No Money Needed To Start A Profitable Business And Earn $50-$100,000 In Your First Year
There are two industries where you can start making money as an independent contractor and then business owner with almost no money. I use the work almost because you will need a car that runs, buy gas for the car and have a presentable appearance.
Considering these basic requirements, you may need to work for expenses like gas for your car and food while taking the action steps to building your business. One lady who started working with my firm Tampa Capital Partners currently borrows a car and spends maybe $50 per week on fuel and expenses. She is on track to make more than $100,000 this year.
The Top Two Industries For Earning Six Figures From Your New Business In The First Year Starting With Almost No Money
The really good news is these industries are proven to produce the income for people willing to follow the directions. Following the directions means coachable. Don’t worry…it is true I am a business coach and business consultant, there are many people who will help you for no money. You will need to be careful in selecting these people so you are not wasting your time with inaccurate advice.
I encourage you to keep an open mind about the two industries I am writing about. They are:
Real Estate Investing and
Network Marketing or multi-level marketing (MLM).
Right up front there is a disproportionate amount of negative information published about these industries. It is beyond the scope of this article to address those inaccuracies. For now consider the following:
How Do You Get Started With Almost No Money
Network Marketing or MLM
Here is one way and there are others: find a company with a wholesale sales program for a product that retailers would like to sell. Find a distributor of that company who is willing to lend you some sample product and teach you how to approach retailers for selling the product or product line in their stores. When orders are received, the distributor pays you a portion of the profits.
Once you have made enough money to become a distributor (usually between $200 and $2,000 then you can develop your business using all the avenues for building profits that you will be taught. MLM companies are often a great resource for learning business, marketing and presentation skills. You will meet great people who are very willing to teach you. One company that is very friendly to wholesaling is Organo Gold. Their product line appeals to everyone and is great for church and charitable fund raisers.
Real Estate Investing
The best way to start in real estate with no money is to work for a real estate investor who will teach you in exchange for the work you do. The work will include networking, sending letters, going to the courthouse, evaluating deals and more. I have developed a special program in the Tampa market to attract people who want to learn. It is called Tampa Capital Partner’s Apprentice Program
Other Ways
I look forward to your comments on other ways to quickly build a successful business with almost no money.
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 millionaires?
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 business building experience 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.
