Managing Partner Time To Be Great, LLC Global Independent Distributor Healy, Vollara, Xelliss, BEMER Business and Real Estate Coach, Consultant Professional Speaker, Author
90% of the people I know who are focused on building business profits think of doing most of the work themselves and the remaining 10% who have addressed leverage do so by hiring employees or virtual resources. None of these options would allow me to achieve the business plan for Tampa Capital Partners.
I am a business coach and consultant. My plan is to continue providing those professional services. They help me continually expand my network of increasingly successful people. “Your network is your net worth” as I have heard many times from JT Foxx is absolutely true.
As my network expands I see the key reasons for businesses success. Those are:
…a focused plan developed with an experienced coach. and
..taking action.
There are more factors however. with those two in place your chances of success are greater than 90%.
Do I have a coach? Absolutely! That is the key action step I took going into 2011 and my mindset has shifted far beyond what I had imagined. JT has 5 coaches, including: George Ross, Jay Abraham and Nido Qubein. Everyone who works with JT, myself included benefits from the coaching he receives because he teaches us what he learns. The sharing of what works is the number one benefit of the being coached when that coach has relevant experience for you.
Leverage Being The Key To Business Profits
I decided to aggressively develop Tampa Capital Partners. I knew I needed resources to do that. I decided to use a pay for performance model since I was not interested in simply paying people for tasks. I intend to develop a team of people who are very success oriented and see the synergy that develops when the pieces and parts come together.
Not long ago I published an article in support of my idea of the Tampa Capital Partners Apprentice Program Just weeks later as a result of networking for team members, there are six people being trained on detailed tasks that are required to build real estate property leads, evaluating deals , submitting offers and closing deals. All of this is progressing while I am often thousands of miles away for 3 or 4 days out of the week.
I am now beginning to coach select clients on how to develop their own apprentice model and soon I will be publishing specific examples of transactional success.
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.
Experience the powerful energy of an amazing business development and networking event. Join me at MEGAPartnering. If you do be sure to register for VIP. If registration is closed, call me and I will help you.
Would you like to be in the next group of millionaires?
The title of this blog is Build Business Profits. The domain is Steve Reports. I teach students not to do this and yet I often don’t get around to doing what I teach. Now I have a coach and I am being held accountable to taking action that makes sense.
Near $0 One Year Ago…On Track To Make $1 million This Year
6 out 0f 10 People who were at near $0 business profits in the spring of 2010 are now on track to net more than $1 million in 2011. Quite honestly when I realized what was developing I looked very closely at the characteristics of this group.
The numbers are even more compelling since 2 of the 10 people were making six figures with their business when they started and now are on track to make multiple 7 figures. 80% of this group is on fire with their business performance.
What Are The Key’s To Their Success?
1.Each made a significant investment in coaching . In most cases they have one or more coaches. In all cases I am their primary coach.
2. All follow the directions. This means they follow the advice of their coach. Each has their own style and each implement the professional business coaching advice they receive differently. However, each one implements the program developed with their coach.
3. There is a bias for action meaning they implement and get closure on key action steps.
4. Each measure return on investment of their time.
Are There Any Unique Educational or Work History Attributes?
Candidly everyone is different. Some had college degrees, others did not. Most had experience as an employee, some did not. I am not aware of anyone having come from a family with wealth. The only common denominator was a commitment to taking action on a success plan.
What Are The Primary Steps That Account For Their Success?
Considerable time is spent on developing an appropriate plan for their business success and an action plan for implementation. Then we monitor results and make adjustments.
What Have I Done Different As A Result of This Experience?
Hired a coach.
Are Their New Success Stories In Development?
Yes and I am beginning to see the time line to success shorten.
Would you like to be in the next group of millionaires?
Meet Mike Collier Starting With His Free Newsletter
I would like you to meet my good friend Mike Collier. He is committed to helping people move past limiting beliefs to achieve extraordinary success. Mike’s work has an incredible track record of helping people exceed success goals by persistently taking focused action.
As a subscriber to his free newsletter, I received valuable information that was helping me with my coaching clients. I connected with Mike to share my appreciation. Our friendship has since grown rapidly. We now regularly share ideas on how we can better assist entrepreneurs and business owner grow revenue and profits.
You Are Invited
This is your invitation to experience the wisdom of Mike Collier expressed in his newsletter that is free to subscribers. I highly recommend connecting with Mike begin to “Get Rich Steady”!
There is a small group of very talents leaders whose mission is your success. Mike is one of those select professionals. I am confident you will benefit from Mike’s Get Rich Steady Newsletter.
The Wall Street Journal’s lead article Friday confirms Verizon will offer the iPhone soon. Reportedly Verizon will announce the details Tuesday.
In a related article, Apple has issued a directive to all stores that there will be no vacations for three weeks beginning the fourth week of January. I couldn’t be happier with the opportunity to switch from ATT My view is shared with everyone I know who has an iPhone
The Number One Reason This Announcement Is A Big Deal
Everyone that I know including myself loves the iPhone and hates ATT’s service. Apple recognizes this since a big percentage of the volume of calls to their customer service center are because of ATT not resolving customer issues having nothing to do with Apple.
I have previously written detailed article about my experience started trying to work with ATT for a solution. In summary, I have good experience overall across the US and Canada. The area that I use my phone the most which is my home office and surrounding areas is almost impossible for me to use my phone. This area has plenty of towers and ATT reports I should have great service but of course I don’t
This announcement is a huge deal because it demonstrates Apple’s laser beam focus on customer satisfaction and highlights in my view ATT’s mishandling an iPhone market domination opportunity.
Lessons: Apple Strategy Outstanding, Verizon Strategy a Plus ATT Strategy Doesn’t Work
I have experience with both Verizon and ATT. Recently I tested another phone with Verizon and I was very pleased with the entire experience including the attention at the Verizon owned store, customer service, billing and phone service. The only reason I didn’t changes was that at the same time I was testing a new phone I read Verizon would be carrying the iPhone and I wanted to wait.
Apple has done a great job of developing strong customer loyalty. I am sure there are people who have given up their iPhone to switch to another service after being worn out by ATT but I don’t know any of them. Everyone I know who has an iPhone wants to keep it. Apple understands what will appeal to the consumer and consistently delivers.
Verizon has been out there focused on offering a very strong cellular network. Every Verizion customer I know is happy with Verizon service and coverage….No Exceptions! My brief experience with the store staff, customer service and tech support was very positive. Verizon is focused on solutions and not excuses.
Verizon and Apple Together Should Be An Outstanding Experience For Consumers
This all makes for an excellent case study on how ATT did not capitalize on a huge opportunity. If they had consistently delivered on quality of coverage and customer care, Verizon would not have a chance. Now Verizon has the opportunity to take huge market share. I betting they will.
Newsmax.com released a story that Donald Trump will announce he will run for Present following the Spring season of The Apprentice. Click Here for the full report.
What do you think?
1. Do you think Donald will run
2. Do you think this is a ploy for more news coverage?
3. Would you vote for him?
You are invited to comment and all will be published.
If you are a business owner, business executive, an entrepreneur, real estate investor, business owner, network marketer or you work for a company and want to earn more, you must do this one thing.
The Single Most Important Action You Must Consistently Take To Make More Money
A couple months ago I was giving a presentation at a weekend business building seminar and I realized that over 50% of the people I started coaching in the first quarter of 2010 were on track to make well over $1 million in 2011. With one exception, all of these people were starting from near $0 when the coaching began.
The Difference Between Those Succeeding and Those Who Are Not
Those succeeding are continuing to develop those skills, services and products that are valuable in the market. In other words people want to buy what you offer.
I Just Hired A Coach
I am a coach. I have a remarkable track record as a coach and consultant. I guide people on setting their targets for the near and longer term then lead them on the actions that will result in the goals being achieved. I do this very well.
I procrastinate at following all that I see working. So knowing:
If You Keep Doing Things The Same, You Will Keep Getting The Same Results
and having my goals clearly defined, I have been thinking of several people who I know would be good coaches for me. I am very fortunate to be connected with amazing consultants and coaches. I am now happy to let you know these:
1. I recognized I can be better be faster at being better with a coach.
2. An amazing person who is a very notable coach and speaker, mentioned to me in a conversation recently his prosperity goal for 2011. Two days ago we agreed to coach each other and the first call is Friday at 3PM Eastern. Now I am the one who started this idea and he is the one that says ..start coaching me first.
You Benefit The Most
How can you benefit when I am coaching and being coached?
Well I share a lot with you here on my blog. Actually I am not sure if there is anything I have ever held back. However, this is what I know…It is one thing to teach you and it is another thing to show you and hold you accountable.
It Is Always Your Choice
Be on the sidelines and watching the play or being in the game. Call me or email me and let’s discuss working together. All contact information follows.
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. All articles published by Steve unless specifically restricted may be freely published with this resource information.
How was it?
Have you accomplish everything you wanted to?
Did you have any successes, or
“Learning experiences”?
Why don’t you take few minutes and write down everything you’ve accomplished
and also make a list of things you wanted to accomplished but for one reason or another didn’t (use that list for 2011)
The great news is that when you wake up tomorrow, you’ll get to wipe the slate clean, reset the clock and start fresh.
As of tomorrow morning you’ll have another year, or 52 weeks, or 365 days, or 8760 hours, or 525,600 minutes to reach your goals, so make it count.
When I woke up this morning at 5:00, picked up Think and Grow Rich for the 3rd year in a row and read the first 2 chapters, I finally realized why all the successful people I know read this book year after year after year.
Even though it’s the 3rd time I’m reading it, it’s like I never read it before, or maybe I just wasn’t ready to receive the information until now, but I just couldn’t put it down.
If you have this book on your shelf collecting dust, I recommend you find it right now and start reading it. If you don’t have it, I found a PDF of it and attached it to this email for you.
Here is a short excerpt from page 35-36 that I thought would be very helpful to you:
“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 definite, practical steps, viz:
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 definite as to the amount. (There is a psychological reason for definiteness which will be described in a subsequent chapter).
Second. Determine exactly what you intend to give in return for the money you desire. (There is no such reality 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 its acquisition, state what you intend to give in return for the money, and describe clearly the plan through 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.
It is important that you follow the instructions described in these six steps. It is especially important that you observe, and follow the instructions in the sixth paragraph. You may complain that it is impossible for you to “see yourself in possession of money” before you actually have it. Here is where a BURNING DESIRE will come to your aid. If you truly DESIRE money so keenly that your desire is an obsession, you will have no difficulty in convincing yourself that you will acquire it. The object is to want money, and to become so determined to have it that you CONVINCE yourself you will have it.”
Anyway, enjoy the book, have fun celebrating everything you’ve achieved in 2010 and when you wake up tomorrow, hit the ground running and make 2011 the best year ever.
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. All articles published by Steve unless specifically restricted may be freely published with this resource information.
There are many moving parts in the social media world and they are expanding exponentially as entrepreneurs and business giants develop tools capitalizing on the rapidly increasing numbers of people using social media resources to communicate and promote.
In 2009 I launched my first successful venture built entirely using social media resources. This means that I developed connections on key sites including Facebook, YouTube and Twitter. I built awareness of my business by delivering valuable free content with the promise of more in-depth information for those who joined my membership site. If you want to see how that works, register for my free course at Manifest Mastermind.
I did almost all the social media building myself with the help of some automated tools for growing Twitter followers. In doing that I realized how much work was involved in building a social media network the right way and concluded most people would not do it. I began and still advise business owners and managers to outsource this work as a lot of it was actually rather tedious. I realized the business opportunity and established the company New Digitial Media, Inc. The sole purpose is to develop a social media and internet marketing development funnel for you.
I now have nearly three years experience using social media sites and tools for the purpose of building an marketing funnel that results in attracting targeted clients and customers. This article presents the foundation tools I started using in 2008 which are as relevant today as ever. This article also contains my latest thinking on the tools that everyone should consider for a well founded on line marketing funnel using social media and internet marketing tools.
Synchronicity
I chose that word because I learned from Robert Ringer that optimal success long term occurs most frequently when all components are working well together. I have included Internet Marketing in the title and reference it here because at the core of Internet Marketing are websites and email autoresponders. These continue to be integral components to the on line marketing silo of a larger building profits program. I teach the building profits foundation course to audiences across North America and use the in-depth modules with my consulting and coaching clients.
The Blueprint
This is a brief outline of The Online Marketing Blueprint. To include explanations at this point would result in a book. In fact I am writing The Book On Business Profits which will include details of the components of this Blueprint and a lot more. Register now at the quickly created by me without any graphics web page and you will receive bonus announcements plus text and audio samples of the book when it is released by the end of January.
The Blueprint Outline (non – diagram format):
Foundation Tools
Domain name that matches your business name (or at least close) Dot Com only
Website for branding
Wordpress based blog (not on WordPress.com) for building credibility and your list
Autoresponder Account
Foundation Social Media Tools
Facebook personal profile
Facebook business fan page (flow your articles and other relevant updates here)
Facebook group (only if you plan on being an active group leader)
Two Twitter accounts…one personal and one business. Use both for business
A LinkedIn account with a personal profile emphasizing your business
A YouTube account
The newest brand building tool you will soon here a lot more about is optional of course however, you should get started now with this. http://VideoTVTalk.com With this tool you can send branded email video messages, have branded webinars and on line meetings, your own branded TV site that can be pay per view if you want. I am really excited about this and I am working on my branded email backgrounds and branded page for my videos now. In the meantime Click Here to visit the site and check: out the features and benefits. One major benefit is that with your branded site and videos there is no advertisement or competitor diversions like we have with YouTube. See my first example of a private label site. Note you will be able to tell I have not used a professional designer. This is my first presentation of a branded video website. It took be a several hours of playing around to get this done on top of the time for the video. What is really cool is that this will all continue to get better. Click Here to check it out.
Note: Use Video TV Talk continue to use YouTube more about that in future articles and videos.
Local Search and Marketing
For most people, thinking in national or global terms for on line marketing is common. Local marketing seems to be confusing for many but it there are really few differences. All the foundation tools and accounts are valuable for most local businesses. The issue seems to be one of understanding. Local business owners often do not have the time to stay current with marketing opportunities and if they do then they do not have the time.
There is a huge opportunity for people to help local business with marketing. The problem with that is there are very few people who really understand market in relation to the number of businesses that need the help. So you have people promoting products and services to business owners who are not skilled and experienced.
I am beginning to recruit people who want to work with me and where I will show them the step by step process of how to introduce business profits building marketing to businesses and then coordinate the implementation with my company’s staff at New Digital Media, Inc. If you have an interest my contact information is below.
Return on Investment (ROI)
I only offer clients what they need to get started and make incremental profit. Companies need to see an ROI before being asked to invest larger amounts. With any business, including locally owned and operated businesses, a domain name and at least a basic website with contact information is essential. That way they can register as a company and come up on local search with engines like Google. Once that is in place then I want to address ways to build traffic to the site, build a list and build business.
Call To Action
All companies want their on line visitors to do just one of the following:
Physical visit if the business is retail or retail services
Buy on line if the company has an ecommerce business
Call
Subscribe to the list
Social media marketing, internet marketing must lead to a call to action. Now call me or email me and let’s discuss how we can work together. All contact information follows.
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. All articles published by Steve unless specifically restricted may be freely published with this resource information.
Throughout my career, whenever I was on top of my game there were very successful people in my network. During late August 2009 I made a commitment to renew and again form relationships with highly successful people.
Shortly thereafter, I received a call from JT Foxx and in that instant I began to accelerate my network of highly successful people. In future articles I will share with you examples of people I am now connected with as a result of attending three Mega Partnering events in 2010. For example, Joe Sugarman who is a marketing legend and now I am honored to say he is a good friend. In my next article I will detail how I met Joe and the basis for that relationship growing. I am sure you will find valuable lessons in that story.
Gene Simmons founded one of the most famous rock bands in history KISS. What you may not know is Gene is an amazing marketer. Not only has KISS sold more than 50 million albums but he has orchestrated the branding and merchandising of hundreds of millions of dollars of KISS products.
Will you develop a close relationship with Gene Simmons if you attend Mega Partnering? This I know: there are a limited number of VIP tickets available that include having your picture taken with Gene in addition to a seat at the VIP dinner with Gene, Jay Abraham and more.
Why Should You Care About A Picture With A Celebrity?
It is about the people that celebrities like Gene Simmons, Wayne Allyn Root, Wayne Palmer and more attract. The quality of those attending . Meet our top mentoring student partners who are doing amazing deals throughout North America every week plus a large group of very successful people with money to invest and who looking for deal partners.
Don’t miss this event. Click Here for more information including a video of Gene Simmons being interviewed by Michael Eisner.
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. All articles published by Steve unless specifically restricted may be freely published with this resource information.
Nido is the President of High Point University. He is also the majority shareholder of Great Harvest Bread Company and board member for 15 other companies. Nido coaches JT Foxx and several other people I know personally including a coach I work with and a very successful JT Foxx student partner who I have been coaching for nearly a year.
Recently I attended a special two day meeting at High Point University and for part of one of the days Nido addressed our group. I have listened to Nido CD’s and have watched a number of his presentations which can be found on YouTube. Nothing compares to meeting the man in person. His energy is exemplary and everyone he touches is influenced by his philosophy, wisdom and achievements.
A Sample of The Wisdom of Dr. Nido Qubein
Adopt a mission of excellence in everything
Nido lost his dad at age 6. The one thing he would do if he could would be to have a longer relationship with his dad. His guidance is ..fate is what it is. The positive is his mother was very influencial with a key lesson being when you decide what you want to be associate with people who already achieved what you want.
Out of any adversity is the seed of abundance if you allow it.
If you take risk out of the equation, you remove the opportunity as well.
What you choose is what you get.
Many people make a “to do” list. Few make a “to be” list.
It is ok to be disappointed. It is not ok to be discouraged.
Personally he focuses on multiple streams of revenue and continually developing relationship capital
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. All articles published by Steve unless specifically restricted may be freely published with this resource information.
Today I am sharing the stage with JT Foxx and Raymond Aaron in Charlette North Carolina where we are teaching the principles of business success. Financial success is not possible without synchronicity in the areas of health and relationships so that guidance is offered as well during this weekend event.
What I have learned or rather allow to sink in deeper this past year as my work has brought me into contact with an increasing number of highly successful people are the following Top 3 Lessons for Success
“Your network is your net worth”! JT Foxx says this multiple times at each event and serves as great example of increasing his net worth and value by who he associates with. Two new examples in 2010 are George Ross, Donald Trump’s right hand man and Jay Abraham, possibly the best business advisor ever.
“Chase the experience not the money”! You see when we focus on having the experiences we enjoy then we are in the zone of doing the work we are supposed to do. When we do that work, there is more excitement and energy associated with our performance and we are valued more by others. The greater our value, the greater our reward.
“Learn, Earn, Return” An inquisitive mind is one that is growing in knowledge. Applying what is learned to the experiences we want is earning. Returning to others in the form of teaching and helping less fortunate results in experiences of peace and happiness we were not expecting.
There are other foundation principles and many detailed steps we teach. However, these three are pervasive and a structural part of all very successful business development.
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. All articles published by Steve unless specifically restricted may be freely published with this resource information.
The Solutions for Insane Deficit Levels Are There:
The Wall Street Journal published a story on November 27th titled “As Business Goes So Goes Utah” The story pointed to the economic trends in Salt Lake City being opposite the decline or no growth being reported in many parts of the US and actually the world. A primary reason for the positive economic conditions in Salt Lake City is the city’s favorable tax incentives for businesses to locate there and build new plants, research centers and headquarters. The result is jobs and jobs mean people make money and spend. Consumer spending fuelsl more than 70% of the economy.
Obama and congress are now beginning to talk about the deficit. I wonder why this has been largely ignored. Since Obama has taken office there has been enormous deficit spending. What’s done is done so the focus should be on solutions. One solution is to substantially cut the administrative burden of the government on small businesses and citizens. This means eliminate regulation hampering business productivity. This also means change the regulatory compliance requirements so banks either begin loaning money to credit worthy companies or they lose their charter. A serious commitment to cutting government spending which also means cutting the size of government is one step. A constitutional mandate for a balanced budget is another step. Elimination of all non-essential government regulation is another step. Get government out the way and let free enterprise work.
Underwater Real Estate Values
Real estate valuations are a big problem. Foreclosing on homes where the occupant can afford to pay a lower amount in rent and could pay the same on a reduced mortgage balance makes no sense. Think about it. Let’s say a home owner has a mortgage for $300,000 on a home now valued at $200,000 by the market. Assume the payments are $1600 per month currently. If foreclosed the bank will have to take a lower purchase price on the house and since investors need to make a profit and there is likely renovations needed then the settlement with the bank could be $150,000 or less. It is clear there will be a mark to market on this property by the bank and the property’s note reduced for the occupant.
There are note buyers interested in buying the paper from the bank. Banks should be encouraged to negotiate these “mark to market notes now” so the process of relieving the burden of those “underwater” with their mortgage can be accelerated. This solution results in the current homeowner being able to stay in their home with lower payments on a reduced mortgage to an investor. The investor is satisfied because they are receiving above average rates of return and the bank is actually better off in most cases because the cost of missed payments and preceding on foreclosure is avoided. This solution should be aggressively pursued.
The basic tenant is spending at the national level and personal level needs to match income and the less burden placed on the citizens the more invigorating the economy will become. “So Goes Tax and Spending, So Goes Business and The US”
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. All articles published by Steve unless specifically restricted may be freely published with this resource information.
Build Business Profits Success Stories are actual experiences of clients as a direct result of following the action steps developed as part of the coaching process. These are verifiable case studies and while the popular marketing technique is to publish testimonials, I consistently protect the confidentiality of all clients.
10 Times Increase in Net Income In One Year
When I asked the question as to the income this client expects to bank this year the answer was $300,000. That is a very good number for an individual working from his basement office with one employee. I already knew this was his first year working full time on this business and that he had been working part time on this business in the previous year. He had no experience in this particular business (real estate investing) prior to two years ago.
I have been coaching him by phone for about 2 months and then we scheduled a day and half session on site at his office location. During dinner the first day, I asked him to be prepared to finalize a game plan the next day for building his gross income next year to $6 million. Now going from $300,000 to $6 million and actually a net closer to $3.5 million is quite a leap and I normally would not implement that aggressive of a plan with most clients.
This client was different. I already experienced his “action attitude” he was in motion everyday on networking and deals that converted into a growing list of funding partners (people with money to put to work) and people sending him profitable deal opportunities. He was successfully implementing the coaching guidance on focused networking. He was and still is missing a management system for taking his business to the level I could see that was possible.
The number one issue anytime I work with client on a model for increased revenue and profits is mindset. If they don’t believe it there is nothing anyone can do or say that will turn the idea into reality. In this case, there was not instant acceptance of my $6million plan. However, he asked me how I arrived at that number and I told him. He nodded his head and said alright “let’s do it”.
The exact strategy was developed the next day and included defining the niche markets he would pursue as well as the overall profit to be generated by each niche. That work resulted in him being able to see the results happening. It became believable for him.
Will he achieve performance targets of this plan? No….he will beat them. Just two days later he text me at 6AM in the morning with “we need to talk”. Close to 7 we were review an opportunity for deal that has he potential for a for $500,000 profit before the end of this year. In addition I looked at another deal with him yesterday and that one has a $500,000 potential by the end of this year if he flips it or an excellent rate of return if he keeps it. I could go on but my point is this client has transformed himself into a deal and money magnet. Does he have any special skills? He is an effective communicator and he follows the direction of his coach.
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. All articles published by Steve unless specifically restricted may be freely published with this resource information.
In Dan Kennedy’s most recent book “No B.S. Wealth Attraction In The New Economy” Dan writes about Clarity. The first sentence of this chapter is “It’s instructive to ask business owners how much money they expect to receive today, tomorrow, next week.” Dan delivers a no holds barred punch that most people go through life with no clear picture and plan of what they intend to accomplish and learn.
After reading Dan’s book including the section on Clarity, I realized just how well my Accelerated Accountability System supports the discipline of defining and tracking your progress in the area of business development. This particular system is one I fined tuned from my work as a consultant with a major firm, CFO of several large companies, entrepreneur and coaching well over 100 business owners. I have taught this system to live audiences across the US and Canada.
Success Stories
This system is the one I use with all my coaching clients and is the tool that accounts for numerous success stories within in just months of beginning coaching. There are quite a few people who are making hundreds of thousands of dollars this year following years of making little or nothing. Are they uniquely skilled? No they have a business with products or services that people want and they are following their coaching direction that includes daily use of the Accelerated Accountability System.
Surprise
Now you may be thinking there is a price attached to this system. You may already be thinking that you would like to see how this works but money is tight right now so you probably won’t be able to afford it. The following articles are free and the sample schedules on how to use this system are also free. What is not free is your time that you will spend on doing this work. However, you should receive a huge return on your time investment.
Articles: The Accelerated Accountability System Is All Three Steps
Email Me: With Sample Schedules in The Subject Line. You must include your complete contact information. Full name, mailing address, description of your business and phone number.
Reality
The reality is most people will not do this work or if they do start it they will not continue. The exception is people who work with a coach. If you consider this a pitch for hiring me, you are right. I am accepting six new clients next for coaching that begins next week. There are no long term contracts. Coaching entrepreneurs and small business owners can usually be successfully done by phone. For more information Email Me now and tell me about your business. Be sure to add Business Coaching in the subject line. Include your complete contact information and I will schedule a 20 minute complimentary call to determine how we can work together for the benefit of your business. I only accept clients who I am confident I can help.
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. All articles published by Steve unless specifically restricted may be freely published with this resource information.
In Dan Kennedy’s most recent book “No B.S. Wealth Attraction In The New Economy” Dan writes about Clarity. The first sentence of this chapter is “It’s instructive to ask business owners how much money they expect to receive today, tomorrow, next week.” Dan delivers a no holds barred punch that most people go through life with no clear picture and plan of what they intend to accomplish and learn.
After reading Dan’s book including the section on Clarity, I realized just how well my Accelerated Accountability System supports the discipline of defining and tracking your progress in the area of business development. This particular system is one I fined tuned from my work as a consultant with a major firm, CFO of several large companies, entrepreneur and coaching well over 100 business owners. I have taught this system to live audiences across the US and Canada.
Success Stories
This system is the one I use with all my coaching clients and is the tool that accounts for numerous success stories within in just months of beginning coaching. There are quite a few people who are making hundreds of thousands of dollars this year following years of making little or nothing. Are they uniquely skilled? No they have a business with products or services that people want and they are following their coaching direction that includes daily use of the Accelerated Accountability System.
Surprise
Now you may be thinking there is a price attached to this system. You may already be thinking that you would like to see how this works but money is tight right now so you probably won’t be able to afford it. The following articles are free and the sample schedules on how to use this system are also free. What is not free is your time that you will spend on doing this work. However, you should receive a huge return on your time investment.
Articles: The Accelerated Accountability System Is All Three Steps
Email Me: With Sample Schedules in The Subject Line. You must include your complete contact information. Full name, mailing address, description of your business and phone number.
Reality
The reality is most people will not do this work or if they do start it they will not continue. The exception is people who work with a coach. If you consider this a pitch for hiring me, you are right. I am accepting six new clients next for coaching that begins next week. There are no long term contracts. Coaching entrepreneurs and small business owners can usually be successfully done by phone. For more information Email Me now and tell me about your business. Be sure to add Business Coaching in the subject line. Include your complete contact information and I will schedule a 20 minute complimentary call to determine how we can work together for the benefit of your business. I only accept clients who I am confident I can help.
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. All articles published by Steve unless specifically restricted may be freely published with this resource information.
“Steve, I am so grateful for how you have helped me understand my business and how to achieve profitable growth. “
…This comment is direct from one of my clients whose 2010 profits are on track to exceed plan by at least 50%. Exceeding plan by 50% is worth nearly $350,000. This is one very happy client and there are many more.
What is the one component that every successful client says is the reason they are achieving business profit goals?
The answer is consistently taking action on those areas of their business that make the most difference in growing business revenue and profits.
How do successful business owners and managers consistently guide their companies to outstanding profit performance?
Most have a business coach/mentor who guides them on remaining focused and holds them accountable for taking the right action.
When I look at the difference in business performance among the clients I coach it always comes down to taking directed action or not.
What does directed action mean?
Directed action is a sequential path of steps that achieves business revenue and profit goals. It is common for business owners to actually be experienced in what to do but are not consistently implementing. In other cases, they are taught what to do and always held accountable for taking action.
As a business consultant and executive coach with very valuable experience running companies owned by others as well as my own companies (click here for my resume) I know what works and even more importantly I know the mistakes most make.
What is the number one mistake made by business owners and managers?
That mistake is thinking they are the only one who can do what needs to be done. I am always working on the mindset with the people I coach of leveraging tasks that must be done and training them on effective leveraging of those tasks. I address the mindset of the person running the company. In the case of businesses working with employees or contractors, we are consistently looking at ways to have everyone become more valuable by leveraging tasks to less costly people or technology. Systems, meaning the way people work and the tools they use are the key to effective leveraging.
A Program That Fits Most Budgets
If you want to be successful with any business, work with an experienced business consultant/coach who will guide you to building business profits faster than you ever imagined. I am an expert business consultant/coach. I have a program that will fit most budgets. Email me now and tell me about your business. Include your complete contact information and I will schedule a 20 minute complimentary call to determine how we can work together for the benefit of 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 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. All articles published by Steve unless specifically restricted may be freely published with this resource information.
Top 7 Steps For Strengthen Sales and Profit In The Restaurant Industry….Actually Applies To Most Businesses:
1. Know your customer! People coming thought the door and buying should be acknowledged with an email or card and possibly more. How do you do this? You need to have their contact information and specifically an email address and now ideally their cell phone number.
Here is an idea on how you do that: Buy them a drink or a dessert in exchange for their information. Here is the key: when you identify a particularly important person, the owner comes to the table, welcomes them and offers to buy their dinner in exchange for the cell phone number so they can be alerted for a very special event. Now before you say this ticket could be $200 or more I ask you how worth it is to have the cell phone number for key text messages with VIP’s and I mean people whose net worth is in 8 figures. This is huge
2. Have a plan. Your financial plan should be an annual target that can then be detailed to a weekly plan.
3. Know your numbers. Traffic and sales by time of day. Track your trends. Use this information to market to your list. Invite them to slower times using incentives.
4. Use all proven marketing tools to help grow your business. These include direct mail to targeted zip codes and ads with a “hook” in publications your target customer reads and other venues like radio, participation at key charitable events, local/regional festivals that are for your target audience, on line promotions and more.
5. Have your on line credibility in place meaning a website and social media presence
6. Use a referral marketing system. Reward people for inviting their friends and colleagues.
7. Monitor the variances from plan in all areas of your business. Nothing is excluded: payroll, food costs, utilities….the gold is in the detailed analysis of the variances.
Now You Know…Success Is In The Details. Failure is almost always a result of not consistently following the steps that have been proven to lead to success.
Steve Pohlit
Business Consulting, Executive Coach
Turnaround/Crisis Management
Temporary CEO, CFO, Controller Services International Business Resources
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. All articles published by Steve unless specifically restricted may be freely published with this resource information.
Relationships are key to building your business regardless of your industry. An Executive Summary is an essential tool in developing relationships.
This details the elements of the most effective executive summaries and if you are on my email list ..see the registration form on the top right of this screen, I will soon be sending several examples to my list that should be very helpful.
You Need An Executive Summary for Your Business Even If You Never Hand It Out!
Having worked with hundreds of business owners and hundreds more of business executives and managers, across the board, very few are able to clearly state what business they are in and what they are looking for. Every business owner and business leader is looking for something and nearly all are looking for more than one thing that will help take their business to the next level. In many cases it is funds for growth and expansion. Often it is new sources of products and services. Nearly always leaders are always interested in meeting people who could be business partners, joint venture partners or valuable employees.
We can only get what we want when we have clearly defined what we want and clearly defined what is in it for the other party. I am currently coaching a number of people in the process of building their real estate investment business. An effective Executive Summary is right at the top of the list of what we work on at the start of the executive coaching process. Candidly, it is this work that has helped me see the value of executive summaries properly prepared. I have used the techniques being taught to real estate investors and applied them to a rather large privately held construction company that is looking for equity capital to support much larger jobs. The element of an effective executive summary apply to any industry and any job.
The “Must Have” Components of An Effective Executive Summary
1. A clear definition of your business with an emphasis on your unique selling proposition.
2. How your business clearly benefits your customers or in the case of real estate investment how your strategy benefits funding partners, sellers of real estate and buyers of real estate.
3. Examples of properties (or products/services) in support of what is in it for those you are developing relationships with. Innaclude proforma calculations of share of profits or other relevant calculations for your business.
4. Your picture and bio. Note if you are new to your business your bio should emphasize your network definitely never say you are new. Rather than disclosing just starting this venture, you could say you have been studying the markets and networking with experts so as to avoid the pitfalls that have been experienced by others in this industry. Then indicate you have developed the going forward success strategy with several of the key success factors being: 1.____________ 2.____________.
5. Key contact information: Your name again, phone, email, website, blog, addresses for Facebook, Linkedin, Twitter
All of this can be done in two pages, not crammed and professionally presented.
What Is The Point If You Never Physically Hand Out Your Executive Summary?
First of all if when properly completed and if you are networking, there will be people who are interested in this document. If you are not networking your business is likely to struggle. Remember the first point of this article which is success is directly proportionate to the quality of your relationships.
However, regardless of how frequently you physically deliver your executive summary, completing it will prepare you for more effective verbal presentations on what is your business, what you near term goals are and what is in it for those that help you.
Email me or call if you would like help with your executive summary. My contact information follows:
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. All articles published by Steve unless specifically restricted may be freely published with this resource information.
George Ross, Donald Trump’s right hand man and as seen on TV
Wayne Alyn Root, first very popular as he replaced Jimmy The Greek on TV and is the Vice Presidential Candidate for the Libertarian Party
Joe Sugarman, an icon in direct response marketing industry
Wayne Palmer, financial advisor to Robert Kiyosaki
Bill Glazer, expert on direct marketing, partner with Dan Kennedy and much more
Kent “the shark” Middleton, expert real estate litigation attorney and very open with his advice on how to never need his services.
There is a lot more including mp3’s of conversations with each of these outstanding people at Mega Partnering where you can meet them plus more than 300 successful people who are focused on taking their business to the next level. People who understand it is their network that makes the difference.
Did you know there is a very small difference between those who achieve their goals and those who don’t. Watch this amazing video then come back to the Mega Partnering website ( Click Here) , read about what you will experience. Join me there and if you have any questions my contact information is all over the place including at the end of this article.
Questions about Mega Partnering? Call me…my number follows.
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. All articles published by Steve unless specifically restricted may be freely published with this resource information.
As a business consultant and coach I continue to work with people every week teaching and helping them implement the skills and action steps I know work. My experiences being employed in very successful organizations, consulting with companies across numerous industries as well as running my own businesses have shown me certain fundamentals are pervasive in companies that are successful regardless of size.
The number one attribute that I find in everyone who achieves continually expanding goals is a disciplined focus of their attention on purposeful action. This means that with any goal there are certain steps that are needed if that goal is to be achieved. For example in the real estate investment business where the model is to buy property, add value and resale the property, there needs to be a supply of the right deals, a supply of money for the initial purchase plus renovation and then money from an end use buyer. Intellectually you can understand this formula but to turn the formula into profit there must be action. If you short cut the steps including the analysis there may not be any transactions or if there are, the profit you projected can be elusive.
Name a goal and the steps to achieve that goal can be mapped and once followed the goal will be achieved. This doesn’t mean the exact course is predictable. Taking action on anything is no different that what we experience in say traveling across town or the country. The route is mapped but the experiences can be surprising. When we encounter a delay or cancellation, we move around or through it. Business is no different. Enjoy the process or get out of the game.
So what does all of this have to do with Fast Start To Success With The Accelerated Accountability Program? I will use a recent example with a lady who I coached in front of a live audience at a JT Foxx 360 Millionaire event. Her mission was to become a successful real estate investor and she had done a great job of clearly defining her income goals and time line for earning that income. I challenged her on the amount and time line as they seemed somewhat aggressive considering her experience. However, she supported the amount and timing very well so they remained in tact.
Next I asked her how much time she had to devote to her business and she replied at least 50 hours. Given that I then asked her if she was committed to following the action steps necessary for her to take to achieve a successful transaction in 90 days or less. She said she was. With that response we were now able to move to the next phase which was to detail the steps she needed to take on a daily basis to achieve her goal.
These steps need to be planned by day so it is important to use an Excel spreadsheet or its equivalent for tracking your time. For example, one of the steps is to contact people who may be a source of real estate deal transactions. That amount of time planned for that step will be more in the early part of the 90 day time line as deal flow is key to beginning the process of finding a transaction that will meet your profit goal.
The idea is to have this activity and time plan at the beginning of each week and to track your actual time spent and results of your actions. The accountability part is that this schedule is shared with your coach and if you are not using a coach, it can be shared with a business partner, spouse or a friend. Knowing someone else will be reviewing this information is a powerful motivator to keep your commitments. This is intended to be a valuable tool and not a restraint on your life. The idea is to track chunks of time and evaluate the results. So if you are making calls and having meetings what are the results? You are either making progress or not. If not, how you are implementing your action plan needs to be modified.
I consistently teach The Gold Formula. The gold is in the variance and this applies to anything you intend to accomplish. There cannot be a variance calculation without a plan. Once you have a plan you can compare that to what actually happened and most of the time there will be a variance. The variance will be positive or negative. When positive, keep doing more of it and when negative, make some adjustments.
Will the lady achieve her 90 day goal? It is early in the process and we will know in less than three months. Maybe your goal is to start a business, expand your business, find a new job or a job. Maybe your goal is to be in a relationship or improve your health. Whatever your goal, once clearly defined you can use what I just described to achieve it. Now you know. Now go do it.
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. All articles published by Steve unless specifically restricted may be freely published with this resource information.
“He is loud, colorful, opinionated, often outrageous and controversial. He isn’t afraid to state his opinions on anything and everything.”
Bill Maher, Former Host of ABC’s “Politically Incorrect”
“The Odds-maker of EVERYTHING!”
Donny Deutsch, Host on CNBC
“It’s no surprise that he has propelled himself to the highest echelons of success in the gaming, entertainment, business and publishing worlds. His exuberance, enthusiasm and winning smile speak volumes.”
Millionaire magazine
Hey Friend,
Above are testimonials about the special guest we’re having on our teleconference call tonight.
His name is Mr. Wayne Allyn Root.
He is a super successful business mogul having started several multi-million-dollar organizations and controls a Vegas gambling empire, dubbing him the “King of Vegas.”
Wayne will be one of our featured speakers at my Mega Partnering event, and as part of my all-content event pre-training series, I want you to join Wayne and I tonight at 6pm Pacific/7pm Mountain/8pm Central/9pm Eastern where he’ll share his insights on his mega success in business and life.
There are very few people on the planet who have the range and depth of real world experience like Wayne, and this is your chance to learn firsthand how he thinks, acts, works and wins.
Needless to say, Wayne is an interesting and charismatic personality and someone you should get to know tonight.
Lines on this call are limited, so you’ll want to be sure to dial in a few minutes early so you don’t miss out.
You can gain access to the by dialing into this number:
218-862-6400
Access Code: 369 2976
I hope you can make it on the call. It starts at 9pm Eastern / 8pm Central / 7pm Mountain / 6pm Pacific.
Best regards,
J.T. Foxx
P.S. The early bird scholarship deadline is near. Be sure to visit http://www.MegaPartnering.com for more details on this once-in-a-lifetime event.
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. All articles published by Steve unless specifically restricted may be freely published with this resource information.
People attending the classes where I teach and who join the coaching or consulting program often think there is silver bullet or magic potion for making money.
I teach audiences averaging 60 or so people all over the US and Canada how to build business profits. From this work, approximately 10% become coaching clients. I open most presentations stating that they will learn the exact formula used with those in the coaching and consulting program.
In the opening portion of every coaching or consulting engagement, I begin with “now comes the first question that I taught in the class”. Some are still surprised when I begin following the exact process that they learned at the event. This is the first step I am giving to you, my loyal readers.
Even though I have taught them all the steps, most have not completed the first step to building business profits. In fact I have been tracking the numbers and when I give the exact formula for building business profits, only 2% as me for the detailed report.
The Difference Between The Class and Business Coaching and Business Consulting:
The difference is the class teaches all the steps and consulting shows the client how to implement the steps. So what is the first step? The first step is to have a clear definition of your business that is in alignment with how you make money. I know this seems simple but most people do not get this right the first try. The definition should be one that you can write in a few sentences and say very clearly in about 10 seconds.
Steve Pohlit
Business Consulting, Executive Coach
Turnaround/Crisis Management
Temporary CEO, CFO, Controller Services International Business Resources
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. All articles published by Steve unless specifically restricted may be freely published with this resource information.
I love the IPhone. I owned the first IPhone within 2 weeks of launch and have upgraded to the 3G and then 3GS. As soon as Apple released a new model, I was there for upgrade. Not this time.
I would love to be testing the IPhone4 right now. ATT has pushed me to the point where I don’t want to extend my contract for two years. Why….ATT’s service sucks. It has not always sucked. In fact for well over 2 years I enjoyed my service. Then something changed. I began reporting this situation 6 months ago.
Bottom line .. I want great service at my primary location, had it and now it is opposite that. When I discuss this with ATT the responses are amazing. Tonight was the icing. The lady said “the reality is that the service you are getting is what you can expect” I asked her how much experience she had and she said “my experience level is irrelevant”. Amazing.
So I thought ..well maybe it’s me. However, when I would make comments about my phone and dropped calls, I would hear …”that is so common with IPhone users. So I tested that with people I know with IPhones and that is very true. All and I mean all IPhone owners I know complain of dropped calls.
I would love an IPhone4 However, ATT wins…they have worn me out and I am now waiting for Apple to expand to other carriers. Rumors on line that will be this fall. Regardless of the timing it cannot be soon enough for me.
New IPhone4 owners I am sure you will love your new IPhone and I wish you the best with ATT service.
ATT – you have had an amazing opportunity to dominate the market. You have benefited from Apple’s success and have not taken notes on how they lead. Your negative goodwill accelerates. Verizon and others gotta love it. This is a great example of viral marketing for the competition.
Is it too late for ATT? Not at all ATT could turn this around in a heart beat because customers love the IPhone and they do not like change.
Steve Pohlit
Business Consulting, Executive Coach
Turnaround/Crisis Management
Temporary CEO, CFO, Controller Services International Business Resources
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. All articles published by Steve unless specifically restricted may be freely published with this resource information.
