A Magical Formula for Business Success

Reblogger Joyce Marsh, Daytona Ormond Beach Florida
Real Estate Broker/Owner with THE JOYCE MARSH REAL ESTATE COMPANY BK659279 

 What is the magic formula for business success?  "The People"... A successful business understands the value of using their resources to create a strategic business advantage...  One of the most valued resources that a business can have... is the understanding of the magical formula of a business success, that their most prized resource in their business is people. (Great words of wisdom from the late Lou Ludwig 

Original content by Lou Ludwig

A Magical Formula for Business Success

“The magic formula that successful businesses have

discovered is to treat customers like guests and

employees like people.”

Thomas J. Peters, American Author and Management Expert   

   

 

 

 

As I see it. . . . . . . .

A magical formula for business success

 

A successful business understands the value of using their resources to create a strategic business advantage . . . . To achieve greater levels of success in their business.

 

One of the most valued resources that a business can have . . . . is the understanding of the magical formula of a business success. A successful business recognizes . . . . that one of their most prized resource in their business is people.

 

The businesses past and present customers along with the people who work within the company’s business . . . . are highly prized resources of the business. They are what a successful business will build its future on. The relationship that a business has with both groups of people . . . .will create the thin slice of difference between a successful business . . . . or a business downward spiral.

 

Successful businesses create a loyal . . . . and satisfied  customer base. They have a comprehensive customer care initiatives to enhance their business . . . . and to maintain their customers at a high level. They will also listen to their customers . . . . and handle customer care issues in a timely manner.

 

In part the magical formula of business success . . . . is creating a reason for the customer to return to you business . . . .  and to continue to use the business products and services. It’s also a business that makes their customers feel important. They will treat their customers as a guest of the business . . . . and apply an exceptional level of customer service.  

 

A successful business will never take a customer for granted. They recognize that their satisfied customers of the past will return as future customers. Satisfied customers will freely refer the businesses products and services to others when their experiences have been exceptional . . . . that has met and exceed their expectations.

 

The people who are affiliated with the business . . . . or the employees have the capacity to make or break a business relationship with the customers. Every person in the business that has an involvement in customer care process . . . . becomes responsibility for creating satisfied customers.

 

The business that treats the people in their business as a valuable resource . . . .  and with respect will build their business from the inside out. 

 

When you build your business from the inside out . . . . you’ll discover a magical formula of business success. With the entire company taking . . . . the responsibility for exceptional customer service . . . and the company’s success.

 

©2017 Lou Ludwig Success Tips, Sales and Management Consultant Success Coach, Speaker, Trainer and Author

 

#LouLudwigSuccessTips

#exceptionalcustomerservice

 

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Real Estate Best Practices
Location:
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Rainmaker
3,899,262
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

I found that hard work is the magic. Pill that is needed to succeed

Jan 09, 2019 09:08 AM #1
Rainmaker
4,099,537
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Joyce,

Magic is getting the right people on the bus in the right seats.  A

Jan 09, 2019 09:11 AM #2
Rainmaker
2,773,617
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Hi Joyce... not a bad formula, at all... and no special magician skills needed to treat customers like family and employees like people!

Jan 09, 2019 01:24 PM #3
Rainmaker
4,696,063
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Good morning Joyce.  Lou is no longer with us, but his excellent advice lives on in his posts.

Jan 11, 2019 05:01 AM #4
Rainmaker
3,027,511
Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400
The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803 - Plainview, NY
Long Island Home and Condo Specialists

Yes, Lou had magical words for us all in his posts. Nice way to bring this one back to us.

Jan 12, 2019 06:17 AM #5
Rainmaker
2,894,689
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Joyce,, Lou was so good with his knowledge to pass it on to us all the time in the rain.  Good reblog!

Jan 12, 2019 08:01 AM #6
Rainmaker
5,820
Jaymie Carroll
Real Estate Spice - Salt Lake City, UT
Realtor Marketing, Sales & Goal Achievement

I couldn't agree more...thanks for sharing this!  YES. THIS "...that one of their most prized resource in their business is people."  I say it and I continue to repeat it...if we take the people out, the personal out...we remove humanity out of the equation. We're in a relationship business.

Jan 12, 2019 11:14 AM #7
Rainmaker
1,021,243
Joyce Marsh, Daytona Ormond Beach Florida
THE JOYCE MARSH REAL ESTATE COMPANY - Daytona Beach, FL
Living the good life here...

William Feela There is absolutely nothing wrong with hard work. That was the way I was raised.  That is the real magic pill.

Jan 14, 2019 11:22 AM #8
Rainmaker
1,021,243
Joyce Marsh, Daytona Ormond Beach Florida
THE JOYCE MARSH REAL ESTATE COMPANY - Daytona Beach, FL
Living the good life here...

So true! Ron and Alexandra Seigel Getting the right people and then making sure they are in the right seats!

Jan 14, 2019 11:23 AM #9
Rainmaker
1,021,243
Joyce Marsh, Daytona Ormond Beach Florida
THE JOYCE MARSH REAL ESTATE COMPANY - Daytona Beach, FL
Living the good life here...

Nina Hollander How you treat people is how they will remember you and how they will treat you in return.

Jan 14, 2019 11:24 AM #10
Rainmaker
1,021,243
Joyce Marsh, Daytona Ormond Beach Florida
THE JOYCE MARSH REAL ESTATE COMPANY - Daytona Beach, FL
Living the good life here...

Gabe Sanders It is nice to wake up to Lou's words even now as he lives on here in AR.

Jan 14, 2019 11:25 AM #11
Rainmaker
1,021,243
Joyce Marsh, Daytona Ormond Beach Florida
THE JOYCE MARSH REAL ESTATE COMPANY - Daytona Beach, FL
Living the good life here...

Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400 I always enjoy reading Lou's posts too.

Jan 14, 2019 11:26 AM #12
Rainmaker
1,021,243
Joyce Marsh, Daytona Ormond Beach Florida
THE JOYCE MARSH REAL ESTATE COMPANY - Daytona Beach, FL
Living the good life here...

Will Hamm You are very welcome.  I enjoy reading his posts everyday.

Jan 14, 2019 11:27 AM #13
Rainmaker
1,021,243
Joyce Marsh, Daytona Ormond Beach Florida
THE JOYCE MARSH REAL ESTATE COMPANY - Daytona Beach, FL
Living the good life here...

We are definitely in a relationship business Jaymie Carroll Thanks for sharing and commenting.  Hope you are enjoying your week so far.

Jan 14, 2019 11:29 AM #14
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