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

8,462 Responses to “Make your business THRIVE in 2014 Part 2”

  1. ??? ???? said...

    Hearth resistive joint systems are typically examined to fulfill UL 2079: Tests for Fireplace Resistance of Constructing Joint Methods.

  2. onexlots said...

    ??????????? ???????? LEGAL1X ??? 1xslots ? ??????? ???? ? ??????????????? ???????? https://1xslots-russia.top/promocode/

  3. renault trafic key programming said...

    This Is The History Of Renault Megane Key Card Replacement Cost renault trafic key programming

  4. ?????????? ?????? ? Google said...

    ??????? ???????? ?????????? ?????? ? Google ????? c?????!
    ??????? ?????????? ?????? ????? ???????? ???????? ??? ?????? ?????? ??????-???????. ??? ??????? ????????? ??????? ????????? ? ?????????????? ???? ??????, ??? ??????? ?? ??????? ???????? ????? ????????? ? ???????? ??????? ?????? ????? ? ??????????? ??????.
    ?? ??????? ???????! ??????? ???????????? ????? ???????? ??? ?????????? ?????????? ??????? ?????? ? Google ? Yandex. ????????????????? ??????? ? ???????? ?????? ?????????? ??? ??????. ??? ????? ? ????? ?????!

  5. ?? ????? said...

    The tradition was that, so lengthy as it remained unbroken, the family would not want a male heir.

  6. ??? ? ??? said...

    I wouldn’t have workers to offer these customer call companies or help desk providers.

  7. Retro fridge freezer 50 50 said...

    Guide To Retro Fridge Freezer 50 50: The Intermediate Guide To Retro Fridge Freezer 50 50 Retro fridge freezer 50 50

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

    In his production notes, Turner wrote that the show can “also be carried out by whites-at their very own threat.” He went on to win a Drama Desk award for playwriting.

  9. ?????? ?? said...

    Illinois is the 24th largest state in the USA, bounded by the states of Wisconsin, Indiana, Kentucky, Iowa, and Missouri.

  10. ?? ?? ?? said...

    As of November 2023, the game had been performed 8 billion instances.

  11. ?? ?? ?? ? ?? said...

    Search for colors to peak here around the last week of October.

  12. ??? ?? ??? ?? said...

    The boundaries are set by waterfalls, such as the Xingu and Tapajós rivers in Brazil, as well as very shallow water.

  13. ?????????3? said...

    According to Official Nintendo Journal, by bringing next-technology graphics to the SNES just 12 days earlier than the PlayStation’s Japanese launch, Donkey Kong Nation persuaded shoppers that an immediate upgrade was unnecessary.

  14. Masturbator For guys said...

    Male Masturbation Toy: A Simple Definition Masturbator For guys

  15. upvc Windows near me said...

    Guide To Upvc Windows Near Me: The Intermediate Guide In Upvc Windows Near
    Me upvc Windows near me

  16. replacement audi key said...

    Replacement Audi Car Key Tools To Help You Manage Your Daily Lifethe One Replacement Audi Car Key Trick That Every Person Must Learn replacement audi key

  17. Clifford said...

    Responsible For The L Shaped Leather Sofas Budget?
    10 Incredible Ways To Spend Your Money l shape sofa with recliner [Clifford]

  18. xz--dmeg:^ said...

    Hi, palWhile exploring a new website, we came across a webpage that immediately caught our eye. We are extremely impressed with what we have seen so far and are eagerly looking forward to your future updates. We can’t wait to explore your website further and uncover all the amazing features it has to offer.

  19. Fredericka said...

    The 10 Most Scariest Things About Ghost Installations how to install
    a ghost immobiliser – Fredericka

  20. Bean Cup coffee machine said...

    5 Killer Quora Answers To Bean Cup Coffee Machines Bean Cup coffee machine

  21. ?????? ????????? said...

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

  22. Gregoryscept said...

    ??????? ??????? ??????. ??? ?? ?? ?????? ?????? ???? ??????? ??????? ????????, ??? ?? ?? ???????? ??????. ????? ?? ?????? ??? ????? ?? ??????? ??? ???? ?????, ?????? ???? ??????? ??????? ?? ??????. ???? ???? ????? ?????? ??? ???? ?????? ??? ????? ???? Sexy escort Jerusalem girls for all men seeking relaxation

  23. ?? said...

    Atm’s Truly “Must Have” In Bars And Nightclubs ??

  24. Rob said...

    The History Of Hisense Fridge Freezer With
    Water Dispenser american fridge freezer with ice and water (Rob)

  25. Peugeot 307 Key Fob said...

    Say “Yes” To These 5 Peugeot 207 Key Tips Peugeot 307 Key Fob

  26. ????? said...

    2014?9?2???? 2023?4?9???? 2016?8?5???? Variety (2017?8?8?).
    2017?9?2???? 2 (2017?8?29?).
    2023?8?16???? ???????? (2021?8?4?).
    2021?8?11???????? ??INTERVIEW ? ???????????MAX? Vol.29?2009 SPRING??????????????2009?6?10??103??????????ATM????????????????????

  27. Lindajed said...

    ? ??????????? ???????? ???????? ???????????? ?? ????????????? ??????? ?????????? ??? ????? ??????????. ??????????, ?????????? ? ????????? ???????????? ????? ????????? ?????? ??? ????????????? ???????? ? ????????????. ? ???????? ???????? ???????? ?? ??????? ???????????????, ??????????????? ??????? “???? ???????” ?????????? ??????????? ??????? ??? ?????, ?????????? ?? ????????? ???? ???????????. ?? ????????????? ?? ?????????????? ??????? ? ??????? ????????, ??? ????????? ????????? ??????? ??????????? ? ??????? ? ????????????.
    ???????? ?????????????? ?????????? – [url=https://xn—-7sbepb0agvevex3c.xn--p1ai/]????? ?? ????? ???? ???????????[/url]

  28. ?? ?? ??? said...

    2021?7?31? – 9?18? ?? 1991?8?31? ?????????? ?? ??? 1997?10?18? ????
    ?? ??? 10? – ???????????????????????????????T?????????
    1989?10?9? ????????!
    1986?8?9? ???

  29. ?? ?? ??? said...

    ????????????????????????????????????????????????????????????? ????????
    1968?10?1? 1968?10?1? ????????????????????????140????????????????????????????????????????????????????????????

  30. tubidy said...

    Aw, this was an incredibly nice post. Finding the time and actual effort to create a good article… but what can I say… I procrastinate a lot and never manage to get nearly anything done.

  31. Mesothelioma Lawsuits said...

    This Is The Ultimate Cheat Sheet On Peritoneal Mesothelioma Asbestos
    Mesothelioma Lawsuits

  32. bedford bifolds said...

    10 Upvc Doors Bedford-Related Upvc Doors Bedford-Related Projects That Will Stretch Your Creativity bedford bifolds

  33. WalterBound said...

    ????? ?? ????? ???????????? ????? ?????? ???????, ??????????? ??? ?????, ?????????? ?? ??????????? ???????????. ?????? ????????? ??????????????? ??????????? ???????????? ???????, ??? ???????? ? ????????????? ??? ??????????, ??? ? ??????????????? ???????????. ??????????? ????????? ????? ??????? ????????? ???????????, ??????? ?????? ??????, ??????????? ??????? ? ????????? ??????????? ????????????. ??????? ?????? ?? ????? ????? ?????????????? ? ?????????? ??? ?? ????. ????? ??????? ???????? ?????????? ?????????? ??? ?????????, ??????????? ????????? ?????????????????? ? ???????? ?????????????.
    ?????? ?????? – [url=https://xn—-7sbepb0agvevex3c.xn--p1ai/vivod-iz-zapoya-na-domu-v-nizhnem-novgorode/]?????? ?? ???? ????? ?? ?????[/url]

  34. PattiAgilm said...

    ?????????????? ????? ?? ????? — ??? ?????????? ??????????? ?????????, ???????????? ?? ???????? ?????? ????????? ? ??????????? ????????????? ? ?????????????? ????????????. ????? ???????????? ????? ?????????, ??? ??????? ??????? ?? ????? ?????????????? ??????????? ????????, ??? ???????? ? ??????? ???????????? ??? ????????.
    ????????? – [url=https://xn—-7sbepb0agvevex3c.xn--p1ai/vivod-iz-zapoya-v-kruglosutochno-v-nizhnem-novgorode/]????? ?? ????? ????????????? ??????? ?????[/url]

  35. po?et imalat? said...

    Good web site you’ve got here.. It’s difficult to find quality writing like yours nowadays. I seriously appreciate people like you! Take care!!

  36. xz--dmeg:^ said...

    I was deeply moved by your post, which ignited a strong desire in me to explore the topic further. I have great admiration for your profound insights and expertise, and I genuinely appreciate your unique perspective. Thank you for generously sharing your thoughts and taking the time to do so!Take it easy.

  37. Emilyral said...

    ????? ?? ????? ?? ???? ???????????? ????? ??????? ??????? ??? ?????????, ???????? ???????? ?????????????? ? ?????????? ? ????????? ??????????. ????????? ?????? ?????? ????? ??????????? ????????????? ? ??????????? ?? ????????? ????????, ????? ??? ??????????? ????? ?????????? ?????????, ??????? ??????? ????????? ????????, ? ????? ????? ??????????? ??????????? ???????????. ? ??????? ???? ?? ????? ?? ????? ?? ???? ?????????? ?? 6000 ?? 25000 ??????.
    ?????? ?????? – [url=https://xn—-7sbepb0agvevex3c.xn--p1ai/vivod-iz-zapoya-cena-v-nizhnem-novgorode/]????? ?? ????? ???? ????????[/url]

  38. Geneva said...

    It’s The Next Big Thing In Seat Key seat ibiza key (Geneva)

  39. keys Repair said...

    Car Keys Repairs Tools To Improve Your Everyday Lifethe Only Car Keys Repairs Trick Every Person Should Be Able To keys Repair

  40. upvc door panel replacement Cat flap said...

    UPVC Door Panel Replacement Cat Flap upvc door panel replacement Cat flap

  41. Patrickrix said...

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

  42. prices said...

    How To Tell The Good And Bad About Jaguar Replacement Keys
    prices

  43. double glazing companies near me said...

    Double Glazing Companies Near Me Tips To Relax Your Daily Life Double Glazing Companies Near Me Trick That Every Person Must Learn double glazing companies near me

  44. bookmarkzap.com said...

    Ten Things You Learned In Kindergarden That Will Help You Get Car Key Programmer program car
    keys; bookmarkzap.com,

  45. ?????????? ?????? ? Google said...

    ??????? ???????? ?????????? ?????? ? Google ????? c?????!
    ??????? ?????????? ?????? ????? ???????? ???????? ??? ?????? ?????? ??????-???????. ??? ??????? ????????? ??????? ????????? ? ?????????????? ???? ??????, ??? ??????? ?? ??????? ???????? ????? ????????? ? ???????? ??????? ?????? ????? ? ??????????? ??????.
    ?? ??????? ???????! ??????? ???????????? ????? ???????? ??? ?????????? ?????????? ??????? ?????? ? Google ? Yandex. ????????????????? ??????? ? ???????? ?????? ?????????? ??? ??????. ??? ????? ? ????? ?????!

  46. 1kg Of coffee Beans said...

    How Long Does 1kg Of Coffee Beans Last Tools To Streamline Your Everyday Lifethe Only How
    Long Does 1kg Of Coffee Beans Last Trick That Should Be Used
    By Everyone Be Able To 1kg Of coffee Beans

  47. ????? said...

    You’ve articulated this issue perfectly.??

  48. private adhd assessment bristol cost said...

    What Is Private Assessment For ADHD And Why Is
    Everyone Dissing It? private adhd assessment bristol cost

Add a Comment