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
8,468 Responses to “Make your business THRIVE in 2014 Part 2”
cameradb.review said...
5 Killer Quora Answers To Emergency Locksmith Prices emergency locksmith price (cameradb.review)
????? ???????? ??????? ???????????? said...
https://www.lab-mill.net/te/10-ways-to-perfectly-avoid-all-the-pitfalls-encountered-by-laboratory-ball-mills/10 ways to perfectly avoid all the pitfalls encountered by laboratory ball mills
Kerri said...
The Companies That Are The Least Well-Known To Watch In Cheap Locksmith Near Me Industry locksmiths (Kerri)
Watch Free Poker Videos said...
Here is my blog :: Watch Free Poker Videos
Merle said...
The Best Door Aylesbury Methods For Changing Your Life double glazing seal repairs – Merle –
Anne said...
What To Say About Treadmill With Incline To Your Mom treadmill incline (Anne)
private Adhd assessment cost said...
The 12 Best ADHD Private Diagnosis Cost Accounts To Follow On Twitter private Adhd assessment cost
retro american style fridge freezers uk said...
What Freud Can Teach Us About Stoves Retro Fridge
Freezer retro american style fridge freezers uk
MichaeltoP said...
?????? ????? ?? ????? ??????. ?????? ?????? ?????????? ????? ?? ?? ???? ?? ????? ??? ???? ?????? ?????? ????? ???? ?????. ???? ??? ??? ??? ?????. ???? ??? ?????? ?? ????? ??????, ????? ?????? ?? ????? ????????, ??? ???? ???? ????? ????????? ???? ??? ?? Choose any Haifa escorts sexy girl
private Psychiatry practice said...
A Step-By Step Guide To Selecting Your Private Psychiatrist private Psychiatry practice
Maryann said...
What’s Everyone Talking About Bio Ethanol Fireplace
Today ethanol fires (Maryann)
old aluminium window Handles said...
Three Greatest Moments In Upvc Door Handle Replacement History old aluminium window Handles
adhd assessment scotland Private said...
What Is The Future Of ADHD Private Assesment Be Like In 100 Years?
adhd assessment scotland Private
generic adhd medications said...
How To Get ADHD Medication Uk Explained In Less Than 140 Characters generic adhd medications
????? said...
11 Ways To Totally Block Your Toto Result ?????
best French Door Fridge freezer uk said...
You’ll Never Be Able To Figure Out This Best French Door
Fridge Freezer Uk’s Benefits best French Door Fridge freezer uk
Stevengot said...
bs2site
https://milkyway.cs.rpi.edu said...
How To Enhance Your Internet Poker Game ???? ????
– https://milkyway.cs.rpi.edu,
small Treadmill with incline said...
You’ll Never Guess This Small Treadmill With Incline’s Tricks small Treadmill with incline
Upvc door Panels Cat flap said...
How To Install A UPVC Door Panels Cat Flap Upvc door Panels Cat flap
Togel Sydney said...
This Story Behind Situstoto Slot Will Haunt You Forever!
Togel Sydney
Michaelfreno said...
???? ?????? ?? ?????? ???. ?? ??? ?? ?????? ???? ?????, ??? ???? ????? ????? ????? ??? ????. ????? ????? ????? ????????? ???? – ????? ?? ???? ????? ??? ??? ???????? ?????? ????, ??? ????????? ?? ???? ??? ?????? ??????? ??????? ??? ??? ????? – ???? have a peek at this web-site
??? ??? said...
How To Know If You’re In The Right Place For Pragmatic Experience ??? ???
ghost installer said...
Ten Ghost Immobilisers Myths That Aren’t Always True ghost installer
Hyundai I30 Replacement Key said...
The 10 Most Scariest Things About Hyundai I30 Replacement Key Hyundai I30 Replacement Key
????? ?? said...
Can A Person Receive A Poor Personal Loan For $10,000?
????? ??
gsa ser search engine ranker said...
5 Killer Quora Answers To GSA SER Search Engine Ranker gsa ser search engine ranker
Mercedes Replacement Key Cost said...
Guide To Mercedes Replacement Key Cost: The Intermediate Guide To Mercedes Replacement
Key Cost Mercedes Replacement Key Cost
telegra.ph said...
3 Reasons You’re Not Getting Freestanding Electric Range Isn’t Working (And What You Can Do To Fix It) electric standing fire;
telegra.ph,
xslots said...
???????? APK ??? 1xSlots ? ??????????? ???????? LEGAL1X ????? @android_1xslots https://t.me/android_1xslots
??? ??? said...
Why All The Fuss About Pragmatic? ??? ???
keys said...
What’s The Reason Everyone Is Talking About Key Programming Right Now keys
getting keys cut said...
What Is Cutting Car Key And How To Use What Is Cutting Car Key And How To Use
getting keys cut
Tami said...
What’s The Reason Everyone Is Talking About Hyundai Key Replacement
Right Now hyundai lost car key (Tami)
Claribel said...
5 Laws To Help The Nissan Juke Key Fob Industry nissan key replacement cost;
Claribel,
Shannonbok said...
????? ?? ????? ?? ???? — ??? ???????, ?????????? ? ???? ????????? ???????????????? ??????. ? ?????? ???????, ????-???????? ???????? ?????? ????????? ????????. ??? ???????? ? ???? ?????? ?????? ?????????, ? ????? ??????????? ??????? ????????????? ???????????. ?????? ???????? ????????? ???????? ????????? ???????????, ????? ??? ???????????? ????????, ??????? ?????? ? ??????????? ????.
?????????? ? ???? – [url=https://alko-reabcentr.ru/vivod-iz-zapoya-na-domu-v-Sankt-Peterburge/]????? ?? ????? ?? ???? ??????? ?????????[/url]
SandraBom said...
??????????? — ???????? ??????????? ???????????, ?????????? ?? ?????? ??????????, ?? ? ??????????? ???????? ????????. ??? ??????????? ????, ?????, ???????? ?????????? ??????????, ????????? ????? ? ??????. ??????????, ??????????, ??????? ??????????? — ??? ??? ????? ????? ????????, ????????? ???????????? ? ????????????????? ???????.
???????? ?????????????? ???????? – [url=https://alko-reabcentr.ru/]????? ?? ????? ?? ???? ?????[/url]
Doloresgailm said...
????? — ??? ??????? ?????????, ????????????????? ??????????, ??????????? ????????????? ????????, ?????????? ? ??????? ?????????? ? ??????????? ????????????. ?? ???????????? ????? ?????? ????? ??????????? ???????????, ????????? ???????????? ???????????? ?????????????.
???????? ?????????????? ???????? – [url=https://alko-reabcentr.ru/vivod-iz-zapoya-v-kruglosutochno-v-Sankt-Peterburge/]????? ?? ????? ????????????? ?????????????[/url]
Barbarasig said...
?????, ??? ??????????? ?????????, ???????????? ????? ?????????? ?????? ??????????? ???????????? ??????????? ????????, ?????????? ?????????? ? ??????????????? ???????????. ? ???? ????????? ???????????? ??????? ?????????? ?????? ?????? ??? ????????? ?????????, ????????? ? ????????????. ?????? ?????? ???????? ???????? ??????? ?????? ?? ????? ? ??????????, ??????? ???????????, ???????? ????????, ? ????? ???? ????????? ? ???????.
????????? – [url=https://alko-reabcentr.ru/vivod-iz-zapoya-v-stacionare-v-Sankt-Peterburge/]????? ?? ????? ? ?????????? ? ????????[/url]
Edwinwet said...
????????? ???????, ???????? ??? ???? ????? ???? ?? ??? ?????? ?? ???????? ?????? ?? ????. ?????? ???? ???? ??? ????? ???? ??????? ???, ???? ?? ????? ????? ???? ???? ????? ??? ??? ?????. ??? ????? ?? ???? ????? ?? ????, ??? ???? ??? ???? ??? ???, Relaxing sex massage to please men
psychiatric Assessment online said...
Are You In Search Of Inspiration? Check Out Psychiatrist Assessment psychiatric Assessment online
mesothelioma claims said...
The Leading Reasons Why People Are Successful In The Mesothelioma Attorneys Industry mesothelioma claims
JuanitaNed said...
?????????? ?????? ?? ?????? ?????.
https://moneyactionworks.com/leveraging-your-401k-to-fuel-your-business-dream
Williamweara said...
?????????? ??????????????? ?????? ????? ????????.
https://www.milliders.com/hello-world
LaurieGiz said...
?????????? ? ????????????? ?????? ? ???.
https://www.juzgadosfamiliamoron.com/2017/04/10/exclusivo-la-interna-del-departamento-judicial-de-moron-al-rojo-vivo
?????????? ???? ???????????? ?????? said...
??? ?????? ??????????? ???????? ????? ???????????? ?????? ???????? ????? ???????????? ??????
Mollystony said...
?????????? ??????????????? ?????? ??????????? ????????.
https://sleepfreshup.com/your-guide-to-the-best-furniture-shop-and-customizable-premium-sofas-in-kirti-nagar
Richardplawl said...
????????? ??????????? ???????????? ?????, ????? ??????? ?? ????????? ???? «?????» ?? ??????????? ????????. ???? ?? ??????? ???????? ?? ??????????? ????????, ????????? ????? ??????????, ? ???????????? ? ???????? ? ???????? ????? ?? ???????, ??????? ??????? ???? ??? ???????????. ??????? ??? ???????????? ????????? ????????? ?????? ???? ?? ?????????. ?? ????????? ???????? ??????????? ???????? ??????? ???????? ????????? ? ????? ????????????? ?????????? ??????? ? ???????? ??? ??????????? ???????????. ? ???????? ????, ??? ?????? ??????????? ????? ???????? ? ???????? ???????? ??? ??????????? ?????? ? ? ??????? ????????? ????????? – ? ????? ??????. ??????????? ?????? ????????? – [url=https://alcoblago.ru/o-nas/stati/kak-bystro-protrezvet-v-domashnih-usloviyah.html]??????? ???????????[/url]
Sherryzek said...
?????????? – ?????????, ??????? ???????????. ???? ??????? ?? ?????? ???????, ???????? ?????? ????????? ?????. ? ???????? ??????? ???????, ??? ??????????? ?????????? ?????? ??????????????? ????, ??? ?? ???. ???????? ??????????? ????? ????????? ?????? ???????. ??????????, ? ????? ??????? ????? ?????????????? ??????? ? ??????????????, ????????? ??????? ????????? ?? ???????, ????????? ??? ??? ????????? ????. ????????? – https://alcoblago.ru/uslugi/narkomaniya/prinuditelnoe-lechenie-narkomanii/
Daycare Near Me said...
Here is my homepage :: Daycare Near Me