5 Killer Mistakes – Part 2
In the last post we covered the first two of the 5 biggest mistakes you can make in dealing with big fish clients. Today we’ll cover the third and fourth ones: Taking on More Than You Can Handle and becoming over dependent on any one.
When you take on too much, your business can’t keep up and therefore you can easily lose control of everything and find yourself barely functioning. You want your business to be successful, no doubt, but you need to have a plan for how you will handle the growth. Your clients expect great customer service and highly quality products/services; they don’t know or care about your behind the scenes operations to get those things done.
Look for these signs that you are taking on more than you can handle:
- Clients’ needs aren’t being met.
- Employee morale is low, clients are upset and you’re in a panic.
- You have to react in emergency mode to save accounts.
- Your current clients are suffering from trying to keep up with new business.
- Profits are going down.
- You are just trying to pick up the pieces of your business.
- Your clients/customers leave.
- Resources are being reallocated.
There a trick called the Mock Fish Plan. This plan can help you react positively when you are facing some or all of these things and help you get your business back on track. This plan will:
- Help increase sales in a short period of time.
- Alter your products/services for the better.
- Fulfill promises you made to your clients.
There are six steps to this plan:
- Bring in your best team and have them all help to meet the fish needs.
- Review your operational system.
- Anticipate future problems better.
- Communicate better.
- Include costs in your quotes.
- Always have a back-up plan.
You can allow your company to become dependent on any one fish. Eventually or for certain periods there is going to be a slowing down period with your fish. In order to stay in the game you need to diversify.
If you’ve ever mishandled a fish, you could drive away potential fish as well. In order to keep balance and prepare for a strong future, there are a few things you can do.
These things include:
- Stay in the loop and try to know what’s going on inside your fish company.
- Constantly reinvent yourself and stay at the top of your industry.
- Stay exclusive.
- Try to secure multi-year commitments and contracts.
- Spread your contracts out.
- Price your products/services correctly.
You also need to work to reduce your dependency on your fish. This can generally be measures in sales or profits. Take a look back at the process we’ve used thus far to snag more fish to keep this all in balance.
These are the ways you can help avoid the killer mistakes that can make you lose it all. If you need help with any of these tips or tricks, try our FREE test drive to get the help you need fast.
Next week we’ll talk about the last of the killer mistakes and how to combat it from hitting your business hard.
Until the next time.
Vernon Simpson, Nydes Business Coach,
Coaching Business Owners and Executives to their next level of Excellence
5,717 Responses to “5 Killer Mistakes – Part 2”
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Nicky Hilton ??? rocking a l??k th?t would mqke The Beatles ?roud.
Thhe heiress, 41, attended ? bash celebrating alice +
olivia’? Beatles capsule coolection ?t 50 Ninth in ?ew York Cityy
?n ?uesday.
Nicky, w?o was recent?y in Australia, donned ? mod inspired dress decked out with Beatles decor ?l?ng with glossy
black bboots ?nd sleek waves.
The band’? biggest hits ?ere inscribed ?ll ?cross Nicky’s
dress, from H?lp! to I Wantt To Hold Yo?r Hand.
Nicky’s p?rticular dress, the Clyde Shift dress, retails f?r $695.
Nicky Hilton rocked a Beatlws themed mini drss ?s she attended
a bash celebrating alice + olivia’s Beatles capsule collection ?t 50 Nnth in New York Ciity on Tuesday
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Nicky Hilton reveals tthe verty unexpected inspiration ?ehind her m?st iconic red carpet loo?
Of th? line, t?? brand state? on th??r website: ‘alice + olivia ?y
Stacey Bendet is thrilled t? announc? a capsule collection ?ith The Beatles in celebration of the 60th anniversary of t?e band’s first
U.S. tour in 1964. This limited-edition collection combines t?e iconic
artisttry ?f ?he Beatlees wit? th? bold, modern aesthetic ?f
alice + olivia, featuring artwork spannning t?e
legendary band’s career.’
Nicky ?asn’t the ?nly celeb in attendance – Mary J.
Blige, Coco Rocha, Scout Willis, aand Kristin Chenoweth ?ere al?o rrocking the line’s latest wares.
?n Wednesda?, Nicky gushed bout t?e soiree on Instagram: ‘Imagine ?
worl? where fashion meets music (emojis). t?is is for the dreamers + the music lovers.
@aliceandolivia brings t?? iconic magic of The Beatles
to life ?n the most fabulous & fun collection!’
From the red carpet t? her everyday outfits, Nicky ?arely look? anyt?ing ?ess t??n exceptional.
She ?ecently shared h?r biggest style successes fr?m ?er decades walking red carpets ?t star-studded events ?r?und the globe.
Speaking exclusively t? Daily Mail Australia, thee Amerjcan socialite revealed ?hich of
?e? red carpet looks she considers to ?? thee m?st iconic.
She said her biggest hit came tgis y?ar wheen ?h? attended thhe Cannes Film Festival
wearing ? glittering ice blue goen ?y Aussie designer Rebecca Vallance.
Speaking ?t ? Sydney event celebrating ?err new holiday capsule ?ith Vallance,
Nicky shared t?e litt??-?nown inspiration b?hind the custom-made dress.
Nicky’? part?cular dress, t?? Clyde Shift dress, retails
foor $695
?he posed ?eside ? replica ?f t?e Yellow Submarine
?h? said she ?anted t? channel ?ne Disney
princess ?n pa?ticular.
‘Rebecca ?nd I designed an ice blue gown together, wit? the bows d?wn th? middle ?nd it w?s very inspired by
Cinderella,’ Nicky t?ld Daily Mail Australia.
?ndeed, Nicky oozed elegance ?ack in May in the gorgeous
off-the-shoulder ice blue gown designed ?y ?erself and Rebecca Vallance.
?he head-t?rning satin dress featured ? dramatic train billowing ?ut ?ehind h?r and featured th? brand’s signature silver bows ?elow the plunging neckline.
?err dress w?s decked ?ut with Beatles decor, ?long
w?t? names of their iconic songs
She pised alongside alice + olivia founder Stacey Bendet
Mary ?. Blige ??s among t?e guests ?n attendance
Nicky ?ooked equally glamorous ?n anot?e? Rebecca Vallance
num?e? laxt W?dnesday ?s she stepped out at
the brand’? Strand Arcafe Boutique ?n Sydney.
?he put on a dazzling display ?n th? long-sleeve red midi dress f?om
h?r new holiday collection, whichh retails f?r $899.
T?? gown ?s embellished ?ith glittering rouge sequins ?nd features ? sweetheart neckline
and stunning lace detailing ?round the collar.
Coco Rocha ?nd Scout Willks ?ere ?lso present
Kristni Chenoweth donnd ? glittering ‘?ome ?ogether’
dresss
Nicky admitted t?e dress iis ?err favourite from her
newly released capsule collection ?ith Rebecca Vaklance ?s she
celebrated ?er edit’s launch.
Of ?er favourite piece in t?? collection, ?he shared:
‘? think the dress I’m wearing, this encompasses th? holidays.
‘?t’? colourful, it’s festive, ?t’s joyful, ? feel ?ike
a Christmas mermaid!’
?t isn’t onl? the fasion ?orld hat t?e socialite is jumping ?nto, but th? beauty wor?? ?s werll with t?? recenmt launch
WNP Skincare – a new line ?f skincare products th?t
she is currenly promoting.
Nicky shared ?er excitement oon Instagram,
posting: ‘Obsessed ?ith t?e re?ults! Loving this new skincare brand ?y @wnp.skincare—combining cutting-edge tech ?ith powerful ingredients t? ?ring out the b?st in my skin.’
SydneyThe BeatlesNicky Hilton
m? webpage; ?????????????? (http://www.ogloszenia-norwegia.pl/inne/opportunities-for-everyone-9.html)