Make your business THRIVE in 2014 Part 2
As I was saying last week it is very important that we focus on what will make your business thrive in 2014. My first tip was to help you put in place measures that will enable you to side step any negative conditions that could derail you, and to position your business to thrive with the use of the SWOT analysis.
This week I want to tell you how you can improve your SWOT analysis by taking a hard look at your current resources and how to get the most out of them. This will help your capital go further and increase your profit margin in 2014 by maximizing what you already have. These include:
- Recognising the obvious
- Unconventional breakthroughs
- Facing the facts
Recognising the Obvious
Sometimes when you are too close to something, you can’t make out the big picture. You need to step back and really take a hard look at the resources you currently have in front of you. You are surrounded by opportunities that can boost your career and help your business become more successful but maybe you are just too close to things to see this?
Unconventional Breakthroughs
Don’t sit around waiting for breakthroughs you need to create them yourself. A breakthrough is merely a new way of doing things or finding a new thing to do for the same or better results. You should be having regular brainstorming sessions and encouraging your team to come forward with breakthroughs or ideas any time they have them.
Some great examples of breakthroughs are:
- A health and beauty company discovers a side effect of a product that can be re-marketed and sold.
- A company creates a roll-on deodorant inspired by the shape and size of a ball point pen.
- The founder of Nike poured rubber onto a waffle iron and created the most innovative and successful running shoe ever.
When a strategising for a breakthrough in 2014 there are some key objectives you need to keep in mind. They are:
- Look for the hidden opportunity in every situation
- Look for at least one cash windfall for your business every three months.
- The more value for your client, the better your breakthrough.
- Create multiple streams of ideas to find the best breakthroughs.
- Effective breakthroughs remove all risk or resistance.
Face the Facts
Before you can put your breakthroughs to work you need to face the facts of the processes and systems that are not working for you and work to correct or get rid of them. There are some great questions you can present to you and your team to get a handle on where your business is right now. They are:
- Why did I first start this business? Why am I in this industry?
- What products/services did I offer then? Which were the most popular?
- Why are my customers/clients buying from me right now?
- How did I generate new customers/clients then?
- Which of my marketing efforts were bringing in the best results?
Once you’ve got some answers to these questions, you’ll know better how to approach your weaknesses and really pay attention to what will help make your business a great success in 2014.
Until the next time.
Vernon Simpson, Nydes Business Coach,
Coaching Business Owners and Executives to their next leve
5,791 Responses to “Make your business THRIVE in 2014 Part 2”
Www.Stes.Tyc.Edu.Tw said...
The Steve Jobs Of Upvc Patio Doors Meet The Steve Jobs Of The Upvc Patio
Doors Industry Replacement Upvc Door Panel (http://Www.Stes.Tyc.Edu.Tw)
Ronniebus said...
?????? ????????? ???????? ????? ?????????? ? ??????? ?????? ? ???? https://v1.skladchik.org/tags/tort/ ??????? ?? ??????? ????????? ????????? ????????? ???????? ????? ????????? ? ????????? ?????? ? ???????????? ???????? ?? ?? ????? ??????? ????????? ?????????. ???????? ? ????????????? ? ?????????? ??? ???? ????? ??????? ?????? ? Skladchik.org
bokep ngentot said...
Aw, this was an extremely good post. Taking a few minutes and actual effort to make a superb article… but what can I say… I procrastinate a whole lot and don’t manage to get nearly anything done.
Charlesweemo said...
The fascinating story of Sergio Ramos’ https://seville.sergioramos.net rise from Sevilla graduate to one of Real Madrid and Spain’s greatest defenders.
WilliamLilla said...
?????????? ??? ??????? ????? https://moyomesto.ru ? ?????? ?? ????????? ?????. ??????????? ??????? ?? ?????, ?????????????? ?????????.
ChuckBiami said...
?????? ?????????? ??? ??????? ????? https://ernst-neizvestniy.ru ? ?????? – ????????? ???? ??? ??????????? ? ????????? ???????
Jesusnut said...
Ousmane Dembele’s https://paris-saint-germain.ousmanedembele-br.com rise from promising talent to key player for French football giants Paris Saint-Germain. An exciting success story.
replacement double Glazing window said...
5 Common Phrases About Double Glazed Window
Repair Near Me You Should Avoid replacement double Glazing window
?????? ??????????? ?????? said...
???????? ???? ?????? ? ??????? ???????????? ??????, ??? ???? ??? ?????.
???????? ?????? ? ???????? ?? ?????? ????? ? ????????????? ??????, ??????????? ?????????.
???????? ??????? ? ???????? ???????? ? ????????????? ??????, ? ??? ???????.
??????? ???? ???????? IP-????? ?? ??????? ? ????????????? ??????, ? ?? ???????????? ? ????? ????????????.
???????? ???? ??????-?????????? ?????????? ????????? ???????????? ??????, ? ?????????? ???? ??????????.
??????????? ???????????? ?????? ??? ??????????? ???????? ? ?????????, ? ?? ??????????? ?? ???? ???????????.
proxy ???????????? [url=https://rezidentnie-proksi.ru/]https://rezidentnie-proksi.ru/[/url] .
kaymell said...
The Best Slot Techniques For Changing Your Life kaymell
ferguson-vaughn.mdwrite.Net said...
15 Secretly Funny People Working In Affordable SEO Company Uk affordable monthly seo (ferguson-vaughn.mdwrite.Net)
?????? seo?? said...
Mlm Success Tips – How To Keyword Research ?????? seo??
jerealas.top said...
Why You Should Forget About Improving Your Double Glazing Door Repairs Near Me
jerealas.top
Ai Rewrite Content said...
See What Ai Rewrite Content Tricks The Celebs Are Using Ai Rewrite Content
1win ??????? said...
??????? ???????? ?? ?????????? ??????? | ????????? ?????? ?? 1win | 1win ?????????? ?????????????? ???????? ??? ?????? | 1win – ?????? ?????? ???????? ??????| 1win ???????? ????????? ????? ? ??????????| 1win – ??? ???? ? ?????? ? ???????| 1win ?????????? ? ??????| 1win – ???? ? ?????????? ?????????????| ?????? ?? 1win – ??? ??? ?????| 1win – ??? ?????????? ? ????????
1win [url=https://1win-bk.by/]1win[/url] .
veterans disability Lawsuit said...
10 Tips To Know About Veterans Disability Attorney veterans disability Lawsuit
window repairs Near me said...
Where Are You Going To Find Upvc Window Repairs One Year From Right Now?
window repairs Near me
Williamspams said...
The incredible success story of 20-year-old Florian Wirtz https://bayer-04.florianwirtz-br.com, who quickly joined the Bayer team and became one of the best young talents in the world.
DonaldFat said...
The compelling story of Alisson Becker’s https://bayer-04.florianwirtz-br.com meteoric rise from young talent to key figure in Liverpool’s triumphant era under Jurgen Klopp.
Carlosdab said...
The incredible story https://napoli.khvichakvaratskhelia-br.com of a young Georgian talent’s transformation into an Italian Serie A star. Khvicha Kvaraeshvili is a rising phenomenon in European football.
Charlespak said...
O meio-campista Rafael Veiga leva https://palmeiras.raphaelveiga-br.com o Palmeiras ao sucesso – o campeonato brasileiro e a vitoria na Copa Libertadores aos 24 anos.
JustinDok said...
Midfielder Rafael Veiga leads https://manchester-city.philfoden-br.com Palmeiras to success – the championship Brazilian and victory in the Copa Libertadores at the age of 24.
9363280 said...
The Little-Known Benefits Of Asbestos Claims After Death 9363280
Patio door repair service said...
You’ll Be Unable To Guess Sliding Patio Door Repair Service’s Secrets Patio door repair service
boat accident law firm said...
Beware Of These “Trends” About Boat Accident Lawyer
boat accident law firm
?? ???? said...
Reasons Why People Need Signature Loans ?? ????
window repairs near me said...
Can Upvc Window Repairs One Day Rule The World? window repairs near me
RobertDed said...
The rise of 20-year-old midfielder Jamal Musiala https://bavaria.jamalmusiala-br.com to the status of a winger in the Bayern Munich team. A story of incredible talent.
WilliamIrreW said...
In-depth articles about the most famous football players https://zenit-saint-petersburg.wendel-br.com, clubs and events. Learn everything about tactics, rules of the game and football history.
Brandonzof said...
A historia da jornada triunfante de Anitta https://veneno.anitta-br.com de aspirante a cantora a uma das interpretes mais influentes da musica moderna, incluindo sua participacao na serie de TV “Veneno”.
Williamrof said...
Fabrizio Moretti https://the-strokes.fabriziomoretti-br.com the influential drummer of The Strokes, and his unique sound revolutionized the music scene, remaining icons of modern rock.
LarryScoro said...
Selena Gomez https://calm-down.selenagomez-br.net the story from child star to global musical influence, summarized in hit “Calm Down”, with Rema.
reali.esport.ge said...
12 Facts About Adhd In Adult Women Symptoms That Will Make You Think Twice About The
Cooler. Cooler Adhd symptoms in Women test, reali.esport.ge,
installation said...
15 Of The Most Popular Pinterest Boards Of All Time About Pvc
Window Repairs installation
Upvc Door For Sale said...
10 Quick Tips About Replacement Lock For Upvc Door Upvc Door For Sale
replacement window Pane said...
20 Resources That Will Make You More Efficient At Window Replacement
replacement window Pane
https://funsilo.date/wiki/How_To_Outsmart_Your_Boss_Windows_High_Wycombe said...
You’ll Never Guess This Window Companies High Wycombe’s Tricks window companies high wycombe (https://funsilo.date/wiki/How_To_Outsmart_Your_Boss_Windows_High_Wycombe)
??? ?? said...
What Is Really A Great Poker Face? ??? ??
Lettie said...
You’ll Be Unable To Guess Upvc Double Glazed Windows’s Tricks upvc double glazed windows (Lettie)
mercedes Spare key said...
Guide To Mercedes Spare Key: The Intermediate Guide In Mercedes Spare
Key mercedes Spare key
upvc window repairs near me said...
20 Questions You Must Always Ask About Upvc Window Repairs Before You
Buy Upvc Window Repairs upvc window repairs near me
window glass replacements said...
Window Glass Replacement: It’s Not As Difficult As You Think window glass replacements
psychics to call said...
I really like it when individuals come together and share views. Great website, keep it up.
http://Www.smuniverse.com said...
Upvc Door Repairs Near Me Tools To Ease Your Daily Lifethe One Upvc Door Repairs Near Me Trick That Every Person Must Know upvc
door repairs near me (http://Www.smuniverse.com)
upvc Window repairs said...
Repairs To Upvc Windows Explained In Fewer Than 140 Characters upvc Window repairs
retour affectif rapide said...
There is certainly a great deal to find out about this issue. I like all of the points you made.
window replacement near Me said...
Five Laws That Will Aid The Door Repair Near Me Industry window replacement near Me
window and door doctor near me said...
How Window And Door Doctor Changed My Life For The Better window and door doctor near me
star Porn kayleigh wanless said...
A Journey Back In Time How People Talked About Star Porn 20 Years
Ago star Porn kayleigh wanless
bestiptv1 said...
It’s hard to find educated people about this subject, but you sound like you know what you’re talking about! Thanks