BE FOCUSED ON YOUR BUSINESS

By
Education & Training with Performance Development Strategies

Are you laser focused or are you a multi-tasker? Being a multi-tasker in running your business may create problems.  However, if you stay focused and stay sharp on the things necessary to grow and change you will achieve the best results.

Sometimes we get lazy and in a rut. We stop seeing the big picture. Maybe our business has had years of successful sales and profits. Since the business is still making money and continuing to operate the reasoning is, if it’s not broke don’t fix it. Eventually, the business could reach a stage on leveling off or declining sales or profits. Maybe there are changes in the industry or in the economy. To remain successful, the business owner must refocus. Here are five essentials for refocusing.

1. Make sure you know what business you are in. If you make cell phones do you provide smart phones, or do you create facilitated mobile communication? If you run a civil engineering company do you create road designs, or do you help municipalities solve their transportation problems? If you are in real estate do you sell houses, or do you assist peoples manage their living solutions?

2. Don’t react to change; create it.   The best way to this it to investigate the future, understand the trends and how they affect your business and move yourself into them. For example, considering technology changes and the emerging Millennials should you utilize more virtual and technology-based presentations including videos.

3. Assess your business. Take inventory of where you have strengths in the market as well as where you are weak and vulnerable. With that information identify your opportunities to exploit as well as emerging changes that could be threats to your business. If you have done good business in an area where you know you are weak and you see new external threats on the horizon you may want to move away from that offering. On the other hand, look at new opportunities where you can exploit your strengths.

4. How do you communicate and market? The method and costs of marketing and communication have already changed drastically. Today, who looks to find something in the Yellow Pages? You need to embrace the new media. However, I caution you to evaluate and create a strategy first. Don’t simply follow the latest shiny new media application.

5.        Understand generational differences. Different generations have different needs, communicate differently, and engage with your business differently. If you are doing well serving one generation, learn why. Are the things that engage that generation of no value to the next generation? Failure to understand that dynamic will result in increasingly lost revenue.

Change Management

How did you make out with your checkup? Do you have work to do? If you have not done a strategic plan or updated yours in the last 3 years now might be a good time to do it. It will help you focus on the future.  For a similar post on our website see MAKE YOUR STRATEGIC PLAN THEN FOCUS.

Need help in creating or updating your strategic plan?

Contact Us for a Free Consultation

or call 914-953-4458.

 

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Re-Blogged 3 times:

Re-Blogged By Re-Blogged At
  1. Roy Kelley 06/19/2018 02:00 AM
  2. Debbie Reynolds 04/16/2018 05:00 AM
  3. Gabe Sanders 04/26/2018 11:00 PM
Topic:
ActiveRain Community
Location:
New York Westchester County Armonk
Groups:
Coaching and Mentoring
Tags:
strategic business planning in armonk ny
business coaching in westchester county ny
executing your business plan
business leadership development in westchester ny

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Ambassador
3,982,889
Debbie Reynolds
Platinum Properties - Clarksville, TN
Your Dedicated Clarksville TN Real Estate Agent

Focusing is something that produces better results. Thanks for the very important post.

Apr 13, 2018 08:25 PM #31
Rainmaker
1,901,206
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Debbie - thank you.  Focus rather than multi task.

Apr 14, 2018 04:04 AM #32
Rainmaker
3,309,846
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

Hello Grant-  "Create the change". Now, that's very powerful.  4

Apr 14, 2018 08:00 AM #33
Rainmaker
1,203,416
Sheri Sperry - MCNE®
Coldwell Banker Residential Brokerage - Sedona, AZ
(928) 274-7355 ~ YOUR Solutions REALTOR®

Hi Grant Schneider - Number 2 stands out. Don't whine or react to change. Create and embrace it. Lots of good coaching advice in this post!

Apr 15, 2018 07:58 AM #34
Ambassador
2,299,090
Robert Vegas Bob Swetz
Realty ONE Group - Las Vegas, NV
Las Vegas Henderson Homes for Sale

Wonderful write Grant and with several businesses of my own it's sometimes hard to stay focused on only one ...

Apr 15, 2018 09:59 AM #35
Rainmaker
1,901,206
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Michael - yes, why not make it happen.

Sheri - thanks.  I think is powerful to grab control.

Robert - yes, I am sure you know the challenge.

 

Apr 15, 2018 10:31 AM #36
Rainmaker
3,799,098
Dorie Dillard CRS GRI ABR
Coldwell Banker United Realtors® ~ 512.750.6899 - Austin, TX
Serving Buyers & Sellers in NW Austin Real Estate

Good morning Grant Schneider ,

I'm so glad that Debbie Reynolds re-blogged your post as I missed it. I use to multi-task and found it lead to mistakes. Its amazing how much more I get done when I complete a task and move on to the next one. Time-blocking has helped too!

Apr 16, 2018 05:06 AM #37
Ambassador
2,014,931
Michelle Carr Crowe,Altas Just Call...408-252-8900!
Get Results Team...Just Call (408) 252-8900! . DRE #00901962 . Licensed to Sell since 1985 . Altas Realty - San Jose, CA
Family Helping Families Buy & Sell Homes 40+ Years

Realizing that multi-tasking is a myth was a huge breakthrough for me.

Apr 16, 2018 03:10 PM #38
Rainmaker
3,240,745
Sally K. & David L. Hanson
EXP Realty 414-525-0563 - Brookfield, WI
WI Realtors - Luxury - Divorce

The sharper the laser...the better the focus !

Apr 27, 2018 03:24 AM #39
Rainmaker
1,670,907
Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker and Attorney Licensed in DC, MD, VA,

I love this post - and it makes me think that I would like to grow my non-existent but re-emerging group to include someone who specializes in downsizing seniors - I love the concept that we help people manage their living solutions

Apr 27, 2018 04:56 AM #40
Rainmaker
1,901,206
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Dorie - time blocking helps.

Michele - you could say that is so 1990's.

Sally and David - yes, great comparison.

Lise - that would be a very wise addition.

Apr 27, 2018 08:54 AM #41
Ambassador
1,922,792
Hannah Williams
Re/Max Eastern inc. - Philadelphia, PA
Expertise NE Philadelphia & Bucks 215-953-8818

Grant Schneider  what a great post  so glad Carol Williams  chose this for SCS as I missed this post

Apr 28, 2018 10:41 AM #42
Ambassador
3,969,600
Jeff Dowler, CRS
Solutions Real Estate - Carlsbad, CA
The Southern California Relocation Dude

Hi Grant

I'm glad to see Carol shared this, and I came back to read it again...it was well worth it. Every now and then I seem to lose my focus and this is a big help.

Jeff

Apr 28, 2018 08:12 PM #43
Rainmaker
1,901,206
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Hannah - yes, I am appreciative of Carol featuring this too.  Thank you for stopping by.

Jeff - thanks.  Who doesn't lose focus once in a while.

Apr 29, 2018 06:00 AM #44
Rainmaker
481,997
Bruce Kunz
C21 Solid Gold Realty, Brick, NJ, 732-920-2100 - Howell, NJ
REALTOR®, Brick & Howell NJ Homes for Sale

Well written & helpful, Grant Schneider. Being focused is definitely a good thing, although it is difficult at times. Thanks for sharing your inspiration!
Bruce

 

Apr 30, 2018 06:38 PM #45
Rainmaker
1,545,061
Mike Cooper, GRI
Cornerstone Business Group Inc - Winchester, VA
Your Neighborhood Real Estate Sales Pro

Grant, I love this line, "The best way to this it to investigate the future, understand the trends and how they affect your business and move yourself into them."

May 06, 2018 10:02 AM #46
Ambassador
2,352,494
Fred Griffin, on leave of absence from ActiveRain
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

 "Don't react to change, create it"  

    Ditto to that.  Early adapter, beta tester, one step ahead.

May 06, 2018 03:43 PM #47
Rainmaker
1,901,206
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Bruce - you are so right.  Being focused is difficult at times.

Mike - yes, that is right.  Create your own change.

Fred - yes,  I am with you,  early adapter!

May 06, 2018 04:27 PM #48
Rainmaker
3,799,098
Dorie Dillard CRS GRI ABR
Coldwell Banker United Realtors® ~ 512.750.6899 - Austin, TX
Serving Buyers & Sellers in NW Austin Real Estate

Good morning Grant Schneider,

I see Roy Kelley reblogged your post and its so worth reading over and over! You can never rest on your laurels....you always need to measuring and analyzing where you can do better and improve. The only constant in this world is change and you need to be able to anticipate the winds of change understand where their blowing and adapt your business model!

Jun 19, 2018 05:09 AM #49
Rainmaker
1,901,206
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Dorie - I appreciate you stopping by.  I always say the best way to crush your laurels is to rest on them. We need to stay focused.

Jun 19, 2018 06:25 AM #50
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