Posts Tagged ‘improvement’

Strive to Identify Competitors’ Weaknesses

We sometimes get overly concerned about what our competitors are doing. Maybe what they’re not doing may matter more.

Why What They’re Not Doing?

In the blog Don’t Attack Your Competitors’ Strengths we looked briefly at why attacking strengths may not be such a great idea, especially if your competitors are much larger. One example was trying to compete on prices with a large company that has far more purchasing power. That is generally a losing proposition. Read the rest of this entry »

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Starting Over is Not Always Bad

We’ve all had an occasion where we realized what we were doing was not going to work and had to start over. While frustrating, starting over is not always bad and can actually be a good thing. The key is to get over the frustration quickly and don’t carry it over as baggage in a new attempt. Read the rest of this entry »

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Are You Making Things Happen?

If you are a business owner are you content to just sit back and wait to see what happens next with your company? As a rule, probably not, right? But, maybe you actually do this more than you realize. Here’s what I mean. Read the rest of this entry »

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Be Willing to Try Something New

The business world is littered with the corpses of companies who were unwilling to change with the times. It really doesn’t matter whether it is products and services, methods of reaching customers, or some other aspect, the business landscape is constantly changing.

If it’s Not Broken

If it ain’t broke, don’t fix it is a common saying used to justify remaining with the status quo. Sometimes I think it is just Read the rest of this entry »

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Ask What Would Make the Impossible Possible

I encourage you to use the question, “What would make the impossible possible?” as a way to move your or others ideas forward when you encounter someone who is resistant. How often you heard someone respond to a solution or idea with, “That’s impossible! It won’t work!”

Why?

When someone says something is impossible, first calmly ask “Why do you say that?” in an attempt understand why they believe the way they do. Read the rest of this entry »

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Identify the Worst Case Scenario to Stop It

We all hate to consider what could go wrong simply because we often view it as negative thinking. It can be negative but doesn’t need to be that way.

A Little Preventive Maintenance

Think for a moment about your car. If you are wise you have routine maintenance performed. Of course some of that is Read the rest of this entry »

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Three Ways to Overcome Business Chaos

Face it. Life in general involves a lot of chaos. The same is true in business as well as our personal lives. Key to managing chaos is recognizing the causes. Read the rest of this entry »

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Why You Should Keep a Flexible Business Plan

What happens when your business veers off course and your business plan seems worthless?

The Unexpected

Imagine you’re on a vacation that involves a long drive. You’ve planned your route carefully to allow you to see the things you want and to make the drive as quick and efficient as possible. Then, unannounced and out of nowhere it seems, detours arise that throw a wrench in your well-made plans. For some this becomes a cause for getting upset, others are frustrated but deal with it as best they can, and still others see it as an opportunity. Making and using business plans can be a similar experience. Read the rest of this entry »

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The Power of Yes

While this blog is primarily about business finance and accounting, sometimes is helps to momentarily take another path.

Remembering an Aggravation

A number of years ago when I was in the market for a car I had a rather unpleasant experience with a dealer. The sales person was polite and could obviously see I was interested in their cars. Unfortunately when my interest reached a certain level Read the rest of this entry »

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Creativity is Not All the Same

Creativity causes most people to think of an artist, designer, composer, or similar types of people. Yet, it is more than that. In the posting Creativity | Vital to Your Business we considered some of the practical reasons creativity matters to a business being successful. Yet creativity is not all the same, so let’s look at creativity a different way. Read the rest of this entry »

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