Operating Pitfalls
Business Development Pitfalls, Solutions and Plans. First in a series of posts on Business Development.
How much of your planning is based on “What do I have to do today?”
How much of what starts out in the AM as what you have to do today is not completed by the end of the day?
How many things did you do during the course of the day that was not on your today list?
Working this way is working in a reactive mode. Your doomed, business wise and health wise. This type of environment leads to frustration, high blood pressure and a high probability of failure. Let alone little or no growth.
It’s a fact, CEO’s, business owners and business mangers working 70% or more in a reactive mode have a higher stagnation and failure rate. Reverse that and the success rate goes up. Your blood pressure will go down. Maybe not back to normal, but down. A little stress can be good. Read my article on Stress at http://www.1888articles.com/stress-and-aging-00io5kd383.html
Changing your habits and going from a reactive mode to a proactive mode is a process. It does not happen overnight but if you work at it over a period of a few months you can move to the proactive way of operating. You will feel the difference. To start the process of changing you’re day to day functioning from a reactive mode to a proactive mode you need to develop two plans, a personal plan and a business operating plan. Then you have to start working both plans. Seeing your personal plan and goals developing as your business plan progresses will motivate you more and more. Before you know it you are operating in a proactive mode. You’re a happier person. It’s not easy. It takes work, focus, perseverance and patience. But if you want to be successful this is what you have to do.
A true saying:
If your work is successful, it generates more work; as a result, the concept of “finishing your work” is a contradiction so blatant and so dangerous that it can lead to nervous breakdowns – because this puts the pressure on the wrong places in your mind and habits.
How often have you felt that you just don’t have enough time to get everything done? We empathize. If we lead productive lives, we will die with work undone.
“Author Unknown”
If we plan we will reduce stress and enjoy our work efforts and life more.
Learn more about planning at http://www.bizstrategies.biz/strategic-business-planning.html
Let us hear from you. What are your thoughts and comments on this topic? What else would you like to have explained?
Posted in: Uncategorized |
October 13th, 2008 at 5:02 pm
Very potent blog; however, I find that by understanding key elements and encouraging discussion on small to medium enterprises or in evaluating on-line business value one should check out http://www.wrlyman.com.
For example…competing on-line, begs questions and demands answers to such basics as:
TOP LINK SUGGESTED!
Before You Get Too Far Know what the Government has to say about
On-Line Business
Useful link - http://www.business.gov
contains: Info on Popular Business Topics
* Find Small Business Grants and Loans
* Register a Business Name (Doing Business As)
* Learn how to Incorporate a Business
* Start a Home-Based Business
* Get Started in Government Contracting
* Learn Ten Steps to Hiring Your First Employee
The Business Cafe Topic!
A Business Plan. So you may or may not have one. Let’s start over.
What is a true business plan? Does it take thousands of dollars; does
it have to be in a bound book? The plain truth?
A Business Plan is a pithy description that summarizes answers to
important elements of business success. There are many stories of a
business plan starting on a simple 3×5 card and with the enthusiasm
and vision of an entrepreneurial spirit. Many businesses have old,
complex business plans that if examined to reflect answers to
important elements of business success could be updated to re-charge
good business vision. So…take a look and ask yourself…do I have a
Plan? Contact us if you have questions.
What you have (service or product description)
What it does
Why it’s unique (compared to other such products/services)
Who wants it (target audience or market)
Where you expect it will be most under demand
What resources do you have or need to research, manufacture, and deliver
How will you reach out to your market (marketing, advertising)
How long will it take for you to be profitable and what are your
rational profit targets
Additional Info May Include:
Describe any strategic partners (other companies or compatible
products/services/distributors)
Describe your staff (a brief history and background of those who are
part of the Plan and how they will contribute to success)
August 17th, 2009 at 11:35 am
Good article, Yes planning is the most important thing for any field whether it is for a student, an employee & employer to set out his goals with proper planning & working on it.
June 13th, 2010 at 7:46 pm
Proactive instead of reactive sums it all up! Having been on the back end of 2000+ businesses we rarely see proactive. We see more reactive. Being proactive in a business is critical and that goes for proactive “pre-Planned” profits as well. In most cases, we find that business owners treat profit as what is leftover after expenses are deducted from sales. There are no budgets or profit forecasting. There is no formula or predetermined profit measured against any level of sales. Profit advice is nonexistent from in-house bookkeepers or from company CPA or chartered accountant. In short business owners are reactive and left to fend for themselves when it comes to maximize profits in their business. BE PROACTIVE and add profits as a line item of expense and then engineer the business to gobble up remaining monies.
July 28th, 2010 at 2:57 pm
Magnificent post, appreciate it. I am going to be back to checked out more.
October 21st, 2010 at 12:07 pm
All of us have too much to do; I think that much is clear. Being proactive is very important. I once heard someone say the best time to start something is after you have already finished it in your mind. Far too many of us improvise throughout the day, and simply react to it. A successful entrepreneur once told me, “if the tasks you are doing don’t help increase sales, then they probably aren’t important for your business.”
February 2nd, 2011 at 3:26 am
hey there and thank you for your info – I have certainly picked up something new from right here. I did however expertise some technical points using this site, as I experienced to reload the web site a lot of times previous to I could get it to load properly. I had been wondering if your hosting is OK? Not that I am complaining, but sluggish loading instances times will very frequently affect your placement in google and could damage your quality score if ads and marketing with Adwords. Anyway I’m adding this RSS to my email and could look out for much more of your respective fascinating content. Ensure that you update this again soon..
April 17th, 2011 at 12:02 pm
I believe this site has very good indited subject material content .
August 31st, 2011 at 12:57 am
I am happy by the quality of data on this web site.
September 19th, 2011 at 6:30 pm
S and P’s credit ratings score will have to definitely wake up the Unites states citizens to the actual fact that certain governmental officials are for sure possibly the most worthless, overpaid group of amateurs that ever graced our political landscape, shame on them.
October 2nd, 2011 at 8:29 pm
Thanks This is really interesting, You’re a very skilled blogger. I’ve joined your feed and look forward to seeking more of your magnificent post. Also, I’ve shared your website in my social networks!
October 11th, 2011 at 11:40 am
Wonderful article.