BE FOCUSED ON YOUR BUSINESS

Reblogger Roy Kelley
Real Estate Agent with Realty Group Referrals 16766

Take inventory of where you have strengths in the market as well as where you are weak and vulnerable.

Original content by Grant Schneider

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.

 

Real estate expertise provided by Grant Schneider on ActiveRain

 

Business Coach - Strategic Plans - Sales and Marketing Coach

Grant Schneider- Personal and Professional business coachGrant Schneider - Leadership and Business Coach Creating Successful Business Outcomes

President Performance Development Strategies

- Business Coach

- Business Performance and Strategic Business Plans 

- Sales and Marketing Coach

- Organizational Effectiveness

- Time Effectiveness and Organization

914-953-4458, Armonk NY 10504 grant@pdstrategies.com

Visit my website www.pdstrategies.com for information on how you can obtain quantum leaps in your business performance.

Helping businesses go from "good to great"

 

Perfomance Development Strategies - Westchester NY

Active Rain Top Blogger Award

 

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Rainmaker
4,432,217
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

This is a great post by Grant. Thank you for reblogging the post.

Jun 19, 2018 03:46 AM #1
Rainmaker
4,998,437
Barbara Todaro
RE/MAX Executive Realty - Franklin, MA
Marketing Agent for The Todaro Team

Thanks, Gita....

Jun 19, 2018 04:00 AM #2
Rainmaker
3,279,599
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Good morning Roy. You can't go wrong following tips by Grant. Enjoy your day!

Jun 19, 2018 04:40 AM #3
Rainmaker
4,797,361
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Thanks for the re-blog, Roy.  Grant does a great job with this post with excellent advice.

Jun 19, 2018 05:00 AM #4
Rainmaker
3,816,982
Dorie Dillard CRS GRI ABR
Coldwell Banker United Realtors® ~ 512.750.6899 - Austin, TX
Serving Buyers & Sellers in NW Austin Real Estate

Good morning Roy Kelley,

What a great post by ! I always read his post there is so much great advice and wisdom in his posts. Thanks for re-blogging .

Jun 19, 2018 05:07 AM #5
Rainmaker
5,384,974
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Please be sure to leave comments at the original blog by Grant Schneider

Jun 19, 2018 05:45 AM #6
Rainmaker
1,922,022
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Good morning Roy - thank you for the re blog.  I hope you are having an outstanding week.

Jun 19, 2018 06:34 AM #8
Rainmaker
3,172,710
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Roy, great reblog on Grant Schneider,  He comes up with some excellent blogs.

 

Jun 19, 2018 06:45 AM #9
Ambassador
3,983,049
Debbie Reynolds
Platinum Properties - Clarksville, TN
Your Dedicated Clarksville TN Real Estate Agent

This is an excellent post to share, Roy. Grant writes such great content.

Jun 19, 2018 07:24 PM #12
Rainmaker
5,384,974
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Thank you very much for your comments. It is always good to hear from you.

Jun 20, 2018 03:52 AM #13
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