Make your business THRIVE in 2014 Part 2

Posted by vernonsimpson on January 2, 2014

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:

  1. Look for the hidden opportunity in every situation
  2. Look for at least one cash windfall for your business every three months.
  3. The more value for your client, the better your breakthrough.
  4. Create multiple streams of ideas to find the best breakthroughs.
  5. 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:

  1. Why did I first start this business? Why am I in this industry?
  2. What products/services did I offer then? Which were the most popular?
  3. Why are my customers/clients buying from me right now?
  4. How did I generate new customers/clients then?
  5. 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”

  1. matzen-ulriksen-2.thoughtlanes.net said...

    Guide To Double Glazed Window Near Me: The Intermediate Guide On Double Glazed Window
    Near Me double glazed window near me (matzen-ulriksen-2.thoughtlanes.net)

  2. MichaelThera said...

    ?????? ?? ?????? ?????? ????? ????. ?????? ??????? ???? ?????? ???? ????, ?????? ?????? ???? ?? ??? ????. ?? ??? ???? ??? ?????? ???, ??? ?????? ?????? ?? ?? ?? ???? ????. ?????? ???? ????? ?? ?????? ????? ????? ????, ????? ??? ?? ????. ?? ??????? webpage

  3. LaurieGiz said...

    ?????????? ? ????????????? ?????? ? ???.
    https://expofestival.org/the-purpose-of-locksmith-in-home-and-business-safety

  4. to-topia61615.imblogs.net said...

    10 Misleading Answers To Common 4d Sport
    Toto Questions: Do You Know The Right Answers? ???? ???
    (to-topia61615.imblogs.net)

  5. spam said...

    Make your business THRIVE in 2014 Part 2 | MyBusinessDevelopmentAcademy.com

    https://carkeyssanantoniotx.com/2021/08/04/find-a-locksmith-near-you-all-around-san-antonio-tx/

  6. Melvinedupe said...

    Gay Boys Porn https://gay0day.com HD is the best gay porn tube to watch high definition videos of horny gay boys jerking, sucking their mates and fucking on webcam

  7. Pod Coffee Makers said...

    Why Best Coffee Machines With Pods Is Fast Increasing To Be The
    Hot Trend For 2023? Pod Coffee Makers

  8. ?????? ???? ???????? ?????? said...

    ??????? ?????? ?????????? ???? 3 ?????? ??????????????? ???? 3 ??????

  9. https://yogicentral.Science/wiki/krarupdavenport8911 said...

    Cat Flap Installation In Glass Doors Near Me cat flap installation in Glass doors near me; https://yogicentral.Science/wiki/krarupdavenport8911,

  10. https://webdirectory777.com/listings12850489/7-effective-tips-to-make-the-profits-of-your-smeg-coffee-machine said...

    Expert Advice On Sage Coffee Machine From The Age Of Five
    ground Coffee machines – https://webdirectory777.com/listings12850489/7-effective-tips-to-make-the-profits-of-your-smeg-coffee-machine –

  11. Moshe said...

    The 10 Scariest Things About Sofas Sleeper sofas sleeper (Moshe)

  12. Angie said...

    Nine Things That Your Parent Taught You About Mexican Chimineas mexican chimineas (Angie)

  13. Www.Trottiloc.Com said...

    5 Reasons Asbestos Cancer Law Lawyer Mesothelioma Settlement Is
    Actually A Good Thing Asbestos Lawyers (http://Www.Trottiloc.Com)

  14. vertical laboratory planetary ball mill semi circle model said...

    https://www.lab-mill.net/ru/???????????-?????-???????-?-????-?-???/??????????? ????? ??????? ? ???? ? ???

  15. ConradTairm said...

    bs2site at

  16. seo ??????????? ??????????? ?????? said...

    ??? ?????? ??????????? ????????? ? ???????? ??? ??????????? ???????????? ?????

  17. Situstoto Slot said...

    See What Situstoto Slot Tricks The Celebs Are Utilizing Situstoto Slot

  18. https://Chapman-hernandez-2.blogbright.net/ said...

    Back Door With Cat Flap Fitted back door with cat flap fitted (https://Chapman-hernandez-2.blogbright.net/)

  19. humanlove.stream said...

    5 Killer Quora Answers To Shower Screen Replacement
    Seal shower screen replacement Seal (humanlove.stream)

  20. ?????? ???? ???????? ?????? said...

    ??????? ?????? ?????????? ???? 3 ????? ??????????????? ?????? ???? 3 ??????

  21. ThomasCaulk said...

    ?????. ????? ????? ?? ????? ?????? ???? ???? ???? ???. ??? ???? ??? ?? ??? ???? ????? ??????. ??? ???? ???? ???? ?? ?????? ??????, ??????? ?? ?? ?? ???? ????. ????? ?? ???? ?????? ??????. ????? ????????? ??? ???? – ?????? ??? ????????, ?????? ?? read more

  22. best mastubator For Men said...

    Why Masturbation Toy Is Your Next Big Obsession? best mastubator For Men

  23. ?????????? ???? ???????????? ?????? said...

    ??? ?????? ??????????? ???????? ????? ??? ???? ??? ???????????? ?????????? seo ??? ???????????? ??????

  24. Private Adhd Diagnosis Uk Cost said...

    What Is The Future Of ADHD Diagnosis Near Me
    Be Like In 100 Years? Private Adhd Diagnosis Uk Cost

  25. seo ??????????? ?????? said...

    ??? ?????? ??????????? seo ???????? ??????????? seo

  26. ?????? ???????????? ? ?????? said...

    ???????????????? ????????? ????? ?? ??????? ???????????? ? ??????.
    ?? ??????????: ????????? ?????? ?? ?????? ????????????
    ???? ??????? ?????????? ???????? ????????????? ?????? ?????????? ? ??????? ??? ? ??????? ?? ???!

  27. https://www.example3.com/keyword/ said...

    ?????? ?????? – ??????? ??????? ? ?????????? ????????
    https://it.wikipedia.org/wiki/Bjelobrdski_sportski_klub

  28. WalterTeW said...

    ??????????? ??????

  29. colonshark2.werite.net said...

    The Reasons Car Keys Programming Is Tougher Than You Think car keys programming near me, colonshark2.werite.net,

  30. Thomasfes said...

    ??????? ??????. ??? ????? ??? ???? ????? ????. ????? ????????? ??? ???? ?????? ???? ????? ?? ???? ?????? ???? ?????. ?????? ??? ????? ???? ?????? ?? ???? ?????? ?? ????? ??. ?????? ????? ?????, ?? ????? ?????? ?????? ?????? ??. ????? ?????, ?????? ?????? ???

  31. wmezproxy.wnmeds.ac.nz said...

    What’s The Current Job Market For Situs Togel Terpercaya Professionals Like?
    situs togel terpercaya (wmezproxy.wnmeds.ac.nz)

  32. ??????? ?? ? said...

    A pearly coloured living room?

  33. Https://socialbuzzmaster.Com/ said...

    The 10 Scariest Things About Private ADHD Assessments private adhd assessments (https://socialbuzzmaster.Com/)

  34. Asbestos Case said...

    From the 1930s until the 1970s, Asbestos Case was extensively employed in building
    materials. It was put in insulation for pipes,
    fireproofing products cements and plasters, car brakes and
    many more.

  35. Paigesuith said...

    ??????????? ????????????, ??? ?????, ???????????? ????? ?????????, ??? ??????? ???????? ???????? ?????????? ??????? ??????????? ???????, ??? ???????? ? ????????? ??????????? ???????????????? ??????????????? ??????. ????? ?? ????? ???????? ?????? ??????????? ??????????, ???????????? ?? ?????????? ??????????? ??????????? ???????????? ???????? ? ?????????????? ???????? ????????. ? ???? ?????? ?? ?????????? ????????? ??????? ?????????? ?????? ?? ?????, ??????? ?????? ???????, ???????????? ? ???????? ?????????? ??????????????????.
    ???????? ?????????????? ?????????? – [url=https://narko-reabcentr.ru/vivod-iz-zapoya-anonimno-v-Moskve/]????? ?? ????? ? ?????????? ???????? proalkogolizm[/url]

  36. DebraAboth said...

    ????? ???????????? ????? ?????????????? ?????????, ????????????????? ?????????? ????????????? ????????, ??????? ???????? ? ???????????? ?????????? ? ??????????????? ???????????. ??????? ?????? ?? ????? ? ?????????? ?????????? ??????????? ????? ??? ?????????????? ???????? ?????????. ? ?????? ?????? ??????????????? ???????? ??????? ?????????? ??????, ???????? ???????, ? ????? ?????? ???? ????????? ? ????????????.
    ????????? – [url=https://narko-reabcentr.ru/vivod-iz-zapoya-v-stacionare-v-Moskve/]????? ?? ????? ? ?????????? ???????? ???????????[/url]

  37. Mesothelioma Lawyers said...

    A Provocative Remark About Mesothelioma Asbestos Lawyers Mesothelioma Lawyers

  38. Jackson said...

    See What Programing Car Keys Tricks The Celebs Are Using programing car keys (Jackson)

  39. Upvc Window & Door Repairs said...

    7 Simple Tricks To Moving Your Upvc Windows And Doors
    Repairs Upvc Window & Door Repairs

  40. https://code.by.tc/fireplacesandstove8248 said...

    The 9 Things Your Parents Teach You About Ethanol Fireplaces ethanol fireplaces (https://code.by.tc/fireplacesandstove8248)

  41. Robertbrods said...

    https://agenstv.ru/

  42. AngelaWax said...

    ????? ?? ????? — ??? ?????? ???????, ??????????? ??? ?????, ?????????? ??????????? ????????????. ???????? ???????? ??????????????? ??????????????? ? ??????????? ???????????? ????????, ??? ???????? ? ????????? ?????????? ? ??????????????? ????????????. ????? ???????? ???????????? ? ?????????? ?????????????, ??????? ?????? ??????, ??????????, ??????????? ??????? ? ??????.
    ?????????? ? ???? – [url=https://xn—-7sbepb0atgesdez7c.xn--p1ai/vivod-iz-zapoya-na-domu-v-Moskve/]????? ?? ????? ?? ???? ????????? ????[/url]

  43. Barbaradek said...

    ??????????? ????????????, ??? ?????, ???????????? ????? ?????????, ??? ??????? ???????? ???????????? ???????????? ??????????? ???????, ??? ???????? ? ????????? ??????????? ???????????????? ?????????. ????????? ????? ?? ????? — ??? ???????, ???????????? ?? ???????? ??????????? ?????? ?????, ?????????? ?? ??????????? ??????????? ???????????? ????????, ? ??????????? ??????????????????.
    ????????? – [url=https://xn—-7sbepb0atgesdez7c.xn--p1ai/vivod-iz-zapoya-anonimno-v-Moskve/]????? ?? ????? ???????? ????????[/url]

  44. https://www.google.Pn/url?q=Https://anotepad.com/notes/fnymb8rf said...

    7 Essential Tips For Making The Most Out Of Your Audi
    A4 Spare Key Replacement audi a4 key (https://www.google.Pn/url?q=Https://anotepad.com/notes/fnymb8rf)

  45. Double Buggy Side By Side said...

    Why No One Cares About Double Buggy Double Buggy Side By Side

  46. ???? ?? said...

    Student Loan Repayment And Ways To Lower Stress ???? ??

  47. Https://Mozillabd.Science said...

    15 Reasons Why You Shouldn’t Be Ignoring Symptoms Of Anxiety Attack
    Anxiety Head Symptoms (https://Mozillabd.Science)

  48. replacement fiat 500 key fob said...

    10 Wrong Answers To Common Fiat Key Questions: Do You Know The Right Ones?

    replacement fiat 500 key fob

  49. ???? ?? said...

    Take Control Of Your Visa Or Master Card Debt ???? ??

  50. fakenews.Win said...

    2 In 1 Stroller Car Seat Tips To Relax Your Daily Lifethe
    One 2 In 1 Stroller Car Seat Technique Every Person Needs To Be Able To 2 in 1 stroller (fakenews.Win)

« Older Comments
Newer Comments »

Add a Comment

 

© All content copyright 2024 | Privacy Statement | Admin Login