Dunkin Donuts vs. Starbucks

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

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

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

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

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

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

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

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

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

Contact me now.

Steve Pohlit

International Business Development Consulting
Real Estate Investment Consulting
Executive Coach

Social Media Services
New Digital Media, Inc.

Connect With Steve On:

Twitter

Facebook

Linked in

727-587-7871

Email

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

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

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

Most Retailers Miss This Huge Black Friday Opportunity

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

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

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

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

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

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

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

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

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

Action Steps:

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

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

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

Contact me now.

Steve Pohlit

International Business Development Consulting
Real Estate Investment Consulting
Executive Coach

Social Media Services
New Digital Media, Inc.

Connect With Steve On:

Twitter

Facebook

Linked in

727-587-7871

Email

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

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

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

 

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

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

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

Major Benefits and Features of  Send Out Cards 

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

State of The Art Features

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

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

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

 

Action Steps

Join Me in the Confidence Success Blueprint System

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

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

Contact me now.

Steve Pohlit

Steve Pohlit

Business Development Consulting
International Business and Real Estate Investment Coach

Social Media Services
New Digital Media, Inc.

Connect With Steve On:

Twitter

Facebook

Linked in

Phone:                 727-587-7871

Email

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

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

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

 

Self Confidence Formula

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

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

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

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

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

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

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

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

Join Me in the Confidence Success Blueprint System

Action Steps

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

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

Contact me now.

Steve Pohlit

Steve Pohlit

Business Development Consulting
International Business and Real Estate Investment Coach

Social Media Services
New Digital Media, Inc.

Connect With Steve On:

Twitter

Facebook

Linked in

Phone:     727-587-7871

Email

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

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

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

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

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

The 80:20 Rule

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

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

Every Choice We Make Has Consequences

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

Fact

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

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

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

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

Build Business Profits Expert

"Steve Pohlit"
Steve Pohlit

 

Action Steps

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

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

Contact me now.

Steve Pohlit

Business Development Consulting
Executive Coach

Social Media Services
New Digital Media, Inc.

Connect With Steve On:

Twitter

Facebook

Linked in

727-587-7871

Email

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

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

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

Bankruptcy, Foreclosure, No Time Freedom, Stressed?

The Top 5 System For Solving Personal Economic Stress:

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

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

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

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

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

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

Related:

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

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

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

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

Build Business Profits Expert

"Steve Pohlit"
Steve Pohlit

 

Action Steps

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

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

Contact me now.

Steve Pohlit

Business Development Consulting
Executive Coach

Social Media Services
New Digital Media, Inc.

Connect With Steve On:

Twitter

Facebook

Linked in

727-587-7871

Email

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Action Steps

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

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

Contact me now.

Steve Pohlit

 

Business Development Consulting
Business  Coach
727-587-7871

Social Media Services
New Digital Media, Inc.

Connect With Steve On:

Twitter

Facebook

Linked in

Email

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

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

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

 

Recession , US Default, Foreclosures….What Is The Solution

The Real Question Is What Is the Solution For You?

Stop reading the newspapers, watching TV and engaging in conversations with co-workers and others about negative news headlines. George Ross, Donald Trump’s key attorney and deal closure reminds us that most news is not credible or at least not the complete picture.  As importantly, the most immediate item that affects  us individually is what we do  for ourselves.

Wayne Allyn Root coaches his clients on implementing a success plan that is not dependent on an employer. More specifically start your own business. Wayne uses the opportunities for learning marketing and developing a network that is taught by direct sales companies or network marketing companies.  This is one  great opportunity to be your own boss, work with other successful people and not have to worry about what an employer will do.

One of the areas of my own business interests is being with an organization that coaches business owners and other interested in successful real estate investing how to move forward and achieve continually increasing performance goals.

The theme here is individual responsibility for what happens in your life. Most of us have the resources to move forward and do a lot better than we are doing today. I like the example I heard once where the question was asked “if you had the opportunity to buy a new $100,000 car for $5000 would you be able to figure out how to come up with the $5000? Most everyone said yes. Then why would you ever resist the opportunity to start your own business because you didn’t have a couple thousand dollars you need for basic infrastructure and expenses during the start up period?

Are you unemployed? Are you struggling to make ends meet? Are you unhappy with the work you do? Don’t look outside of yourself for someone to solve these or any other issue.  Do you feel you don’t have enough knowledge or education? I just finished a couple days of coaching a person who has three businesses, lives in a million dollar home with a quarter million dollar boat outside. He is a high school graduate. He figured it out. You probably know of others like him or read about them.

If you want some ideas, email me.  I also highly recommend attending Mega Partnering 4 where  you will meet incredible people . Figure out a way to buy a VIP ticket where you will have dinner with the featured speakers and business leaders attending.  Are you nervous about meeting successful people and not sure what to say  or do?  Register for my email list on this page and look for an article real soon on what I have found to be the most effective networking skills and how easy it is for anyone to follow those steps. I was taught these skills and will share them with my readers.

Bottom line: you are responsible and the only way to solve any situation you don’t prefer in your life is to develop an action plan and then take action.

Action Steps

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

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

Contact me now.

Steve Pohlit

Business Development Consulting
Executive Coach

Social Media Services
New Digital Media, Inc.

Connect With Steve On:

Twitter

Facebook

Linked in

727-587-7871

Email

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

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

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

Root For Success….Wayne Allyn Root Speaks On Today's Opportunities

Wayne Allyn Root  is the leading candidate for the Presidential nomination by the Libertarian Party in 2012.  He is best known today for his energetic outspoken views on individual freedom which means he is very outspoken on the reason for the debt, unemployment, restrictions to business growth and other less than desirable situations  the US finds itself in today.

I have the honor of hosting a private monthly call with Wayne. This experience has helped me understand his passionate focus on the opportunity for individuals to become very successful in any economic environment.  This was very evident in Wayne’s response to a key question asked during a recent call that I am able to share with you. In summary, the question was about how an individual can make a difference in our society dominated by growing government and debt.  Wayne advised us to focus on the opportunities for individual success.   He said there are  more than 3,000 new millionaires every day in the US.  These people are achieving this success by taking action.

The number one action step successful people take is to start their own business. Wayne highlighted a recent article in a major national publication detailing the benefits of network marketing. I spoke of my experience coaching people developing a real estate investment business. Wayne shared a number of examples of his success starting with an idea and relentlessly pursuing the idea. He is relentlessly pursuing at path that will take him to the White House. He has never failed to achieve something he set out to do and this will be no exception.

Action Steps

1. Click Here to visit Root For America and meet Wayne Allyn Root.

2. Register for his alerts.

3. The calls are for a select group. However, I do have an inside track. If you are interested in being  a member, email me and I will see what I can do.

Steve Pohlit

Business Development Consulting
Executive Coach

Social Media Services
New Digital Media, Inc.

Connect With Steve On:

Twitter

Facebook

Linked in

727-587-7871

Email

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

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

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

 

Root For Success….Wayne Allyn Root Speaks On Today’s Opportunities

Wayne Allyn Root  is the leading candidate for the Presidential nomination by the Libertarian Party in 2012.  He is best known today for his energetic outspoken views on individual freedom which means he is very outspoken on the reason for the debt, unemployment, restrictions to business growth and other less than desirable situations  the US finds itself in today.

I have the honor of hosting a private monthly call with Wayne. This experience has helped me understand his passionate focus on the opportunity for individuals to become very successful in any economic environment.  This was very evident in Wayne’s response to a key question asked during a recent call that I am able to share with you. In summary, the question was about how an individual can make a difference in our society dominated by growing government and debt.  Wayne advised us to focus on the opportunities for individual success.   He said there are  more than 3,000 new millionaires every day in the US.  These people are achieving this success by taking action.

The number one action step successful people take is to start their own business. Wayne highlighted a recent article in a major national publication detailing the benefits of network marketing. I spoke of my experience coaching people developing a real estate investment business. Wayne shared a number of examples of his success starting with an idea and relentlessly pursuing the idea. He is relentlessly pursuing at path that will take him to the White House. He has never failed to achieve something he set out to do and this will be no exception.

Action Steps

1. Click Here to visit Root For America and meet Wayne Allyn Root.

2. Register for his alerts.

3. The calls are for a select group. However, I do have an inside track. If you are interested in being  a member, email me and I will see what I can do.

Steve Pohlit

Business Development Consulting
Executive Coach

Social Media Services
New Digital Media, Inc.

Connect With Steve On:

Twitter

Facebook

Linked in

727-587-7871

Email

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

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

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

 

READ THIS IMPORTANT ARTICLE REGARDING THE CURRENT BUSINESS CLIMATE:

 

The Business World Is Changing.

What worked 6 months ago, 1 year ago, 3, 5, and 10 years ago, no longer works in today’s economy.

The 1990’s tech boom and the tech bubble… the real estate boom and it’s bubble…it all caused major shifts and ripples in how we do business forever.

Where were you during those times? Did you profit?… Did you take action?… Did you get out at the right time?

The US Post office will be bankrupt by 2012 unless they get bailed out. Mail is down 19% and it stands to lose over $6 billion. Over $1.9 trillion email and texts will be sent out this year.

Blockbuster is bankrupt while Netflix is up 43,101% since 1999 and is projected to have $2.2 billion in revenue this year.

Borders Book store is bankrupt and Amazon will have sales of $14.9 billion and is up 808% since 1999, showing no signs of slowing down.

CD’s and the record business are pretty much out of business and are down 60%. Record stores are extinct and iTunes are up 1,169,900% since 2003. ITunes will have sales this year of $11.7 billion.

This means we need to strategize starting now. Here are the things you need to do:

1)     Focus more on creating strategic partners and even joint venture with competitors.

2)     Surround yourself with A-Players, millionaires and do-ers in the business world.

3)     Reposition and change the way you do business every 3 months. (Because what works now may not work 3 months from now.)

A lot of companies like Blockbuster, Borders, the CD and Record industry, and the US Postal office are bankrupt or near their end because they failed to adapt their companies and remained complacent.

No one is ever on top all the time. We need to practice Zero-Base Thinking to change our thinking and our strategies every step of the way.

I am transforming the theme of Mega Partnering IV to reflect change. Together we will create the business model of the future. Something we can all use, apply and help us differentiate ourselves from the competition.

==========================

Quick note: Join us for Mega Partnering IV with Rudy Guiliani, Nido Qubein, Anthony Sullivan and many more leading experts this fall. You can get all the details and register at the site below. VIP Seats are going fast, and the fast action discount is still available. Get details here: http://www.MegaPartnering4.com

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Are you ready to join me in this fight to stay ahead of an ever-changing market economy?

You need to be at Mega Partnering IV, and you need to spread the word. Tomorrow I will be contacting some high level ultra-successful guests to invite them to attend and help us with this mission. You will not want to miss out on the revolutionary change what will happen. Join us in Chicago this fall for…

“The World’s #1 Wealth Networking Event.”

I just got back from Europe and Thursday I will be sharing my “In The Life of JT Foxx” email.

Your Friend and Partner in Success,

J.T. Foxx

P.S. Sign up for Mega Partnering IV if you haven’t already and please spread the word.

You can get all the details and register at the site below. VIP Seats are going fast, and the fast action discount is still available.

http://www.MegaPartnering4.com

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Steve Pohlit

Business Development Consulting
Executive Coach

Social Media Services
New Digital Media, Inc.

Connect With Steve On:

Twitter

Facebook

Linked in

727-587-7871

Email

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

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

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

 

 

Independence Day… America: What Are We Celebrating?

What We Say We Celebrate on The Fourth of July

I stand for getting government out of the way of our lives
It is called Independence Day and we celebrate the day the Declaration of Independence was signed.  The leaders of the day formed the foundation of the United States on “life, liberty, and the pursuit of happiness”.  Our constitution detailed the intent of the scope and responsibility of government and the separation of church and state.  This foundation is cause for massive celebration.

In 2011 what are we celebrating and who are we applauding?  Our country is being chocked by the size of the government and debt at the Federal and in many cases the state and local level. Can this country cease to exist? Of course it can. History is peppered with evidence of great nations that expired.  We have a choice as to how we move forward and it is time to rise up and say the formulas we are using including the leadership in place is clearly not working.  Of course we can maintain the same delusional view that all will be fine and someone will figure it out.  They haven’t so far except for people like  Wayne Allyn Root, Ron Paul and others with similar understanding and experience.  The problem is people who do understand, who are leaders, who can reestablish the solid foundation of this country cannot get elected right now. Why is that? Look in the mirror.

How many more years do we have to celebrate Independence Day?  Actually I believe what was once Independence is now only recalled in the archives of history.  The government is nearly in our face at every turn and wants more.  Obama wants to be in control of our lives and those in Congress, Democrats and Republicans alike for the most part want to let him.

Let’s not forget what this country stands for and why people came to America in the first place

What Is The Reality of the Fourth of July Celebration?

Most people in the US view the 4th of July 2011 as an opportunity to take a long weekend as the 4th falls on a Monday.  For the next four years the holiday will be extended in the minds of most. “There is no sense starting anything significant now as the holiday is right around the corner”.   The notable exceptions are owners of  for profit businesses that grant their staff the holiday and then lose sleep with the related loss of revenue. Yes even one day can make a serious difference in cash flow. Many of these same owners are looking at the performance to date and working on strategic adjustments in order to have some measure of success in 2011. The 4th of July in many cases is not any different in terms of work done than any other day. Contrast that with the majority of government employees who are off and likely not thinking about how to do a better job in the second half of the year. Most governments employees are not thinking about saving money or whether their job is even needed.  Most are thinking ” I am so happy I have this regular paycheck and benefits.”  And we accept this culture in government even though we are footing the bill for it’s cost.

Overtaxing and Not Extending Credit to Small Business Stops The Growth Engine

Business profits are increasingly hard to earn because generally the banks are not lending for expansion or for any business reason and the cost of doing business continues to increase because of  increased taxes, regulatory requirements and healthcare. This is a topic for an entire book.  For now,  understand privately held small businesses are the lifeblood of this economy and our government is restricting their progress.

Most government employees have the day off. Most small business owners shutter at the loss of revenue with any holiday. The cost of government at the federal, state and local level increases the already outrageous level of debt purposely built by elected officials.  The federal deficit was a campaign issue elevated by every candidate running against George Busch including Obama. Obama capitalized on his power of persuasion to be elected president even though he had no demonstrated experience to step into that leadership position.  He proceeded to appoint other text smart people as his support team and now look at the accelerating mess: higher unemployment, accelerating national , state and local  debt, and a rapidly expanding set of rules and regulations that add even more burden to companies that are the lifeblood of our economy. Privately held business that are the source of the majority of job creation in our country are penalized with ever increasing taxes, costs of reporting compliance, a virtual shutdown on the ability to obtain expansion capital in the form of bank loans and more.

The Key Barriers To Job Creation and Economic Growth

Big government, entitlements  and extreme regulations …there is nothing productive about that formula and it flies in the face of the intent of the US Constitution.

A government that thinks it can solve economic issues is dangerous as evidence by the results of the recent past.  The fact is that most in government have no experience running a profitable business and have a lifetime of being on public payrolls and benefit programs. Did you know that there was no time to read the $800 billion stimulus package that was pushed through by Obama and passed by the Congress.  There are many more examples of the absurdity of how we allow our governments to operate.

What Is Action Plan To Fix This Mess?

First step is don’t believe everything you hear or read including this article. Do your own research. I suggest registering with the CATO Institute. I highly recommend Wayne Allyn Root’s book   “The Conscience of a Libertarian: Empowering the Citizen Revolution with God, Guns, Gold and Tax Cuts” You may not agree with all the ideas for solving today’s massive issues. However, it will be hard to ignore the facts of the national debt,  true unemployment, loss of economic base resulting from the decline in real estate values and the impact of an ever increasingly intrusive government.

Solutions start with clear awareness of the current situation and a clear definition of the intended goal.  Most Americans are comatose on the significance of the issue we have in this country and world. Most spend more time analyzing a sports game or murder trial than on our country’s strength or lack thereof.  The first step is to wake up and become aware.  The second step is to start paying close attention to those leaders who have the value system espoused by our founding fathers and the experience on making the tough decisions that are need to get government out of the way of economic vibrancy. The related action is to get those people elected and through the rest of the bums out…and there are Democrats and Republicans alike who should be thrown out.  When taking out the trash, don’t forget the piles at the state and local level.

Be on the sidelines and watching the play or being in the game.

Steve Pohlit, Business Development Consulting, Business Coach

Real Estate Investment

Social Media Services
New Digital Media, Inc.

Connect With Steve On:

Twitter

Facebook

Linked in

727-587-7871

Email

About: Steve Pohlit CPA,MBA has been the CFO and COO of  major domestic and international companies.  Steve has extensive business ownership experience having purchased and started off line and on line businesses.  Steve offers his  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 Build Business Profits Fundamental Most Business Owners Miss

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"
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?

Contact me now.

Steve Pohlit

Business Development Consulting
Executive Coach

Social Media Services
New Digital Media, Inc.

Connect With Steve On:

Twitter

Facebook

Linked in

727-587-7871

Email

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

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

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

An Uncommon Dialogue On The Strategy of Preeminence by Jay Abraham

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"
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?

Contact me now.

Steve Pohlit

Business Development Consulting
Executive Coach

Social Media Services
New Digital Media, Inc.

Connect With Steve On:

Twitter

Facebook

Linked in

727-587-7871

Email

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

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

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