The Power of Three

The Power of Three concept is simply this:

What three things can you do to generate more business?

Why three things? it’s simple, easy to remain focused on and it’s easy to remember three things. If I asked you for 10 or 15 things your brain has to work just that little bit harder and it means that your attention is stretched rather than focused.

In fact the power of three exists in many of our day to day activities think about this for a moment… there are three months to a quarter; time has three sections past, present and future; there is yesterday, today and tomorrow; many thought leaders around the world believe that human beings consist of three levels — body, mind and soul; there is birth, life and death; Stories, TV shows, movies, shows, events, celebrations, businesses, articles, seminars all have a beginning, a middle and an end.

As you can see the philosophy is not something new, here are THREE practical applications of the Power of Three for your business…

Number 1 – To succeed at networking there are three values that you must integrate in your approach

1. Fun – you might as well have fun while you are networking, it will make your activities easier to do and if the experiences you are having are fun you are more likely to do them again. Don’t take yourself or others too seriously.

2. Support – You do not have to do it alone, enrol the assistance of your friends, family, business associates, business coach or mentor to support you and be supportive in your networking endeavours.

3. Belonging – look at your networking as being part of a community of fellow networkers all working towards the same goal. This is where networking groups can help many of them are structured to assist their members to be inclusive and feel like part of a team.
Number 2 – To succeed in sales there are three steps you must take in your approach

1. Prepare – invest the time in identifying exactly who is your ideal customer, research where your customers are, determining how to best reach them and understand what their specific fears, frustrations, wants and needs are.

2. Action – Nothing happens unless you take action, be consistent in your sales actions and simply do something everyday, after all what you do today will have an impact on tommorrow and don’t dwell on yesterday, it’s gone focus on the present. What have you done today?

3.Follow Up – Most people don’t get the sales they want because they fail to follow up

Number 3 – To succeed in marketing there are three elements you must have

1. A plan – to get any true value from marketing you must have a plan. The plan needs to contain an objective analysis of your business, what specifically you are offering the market, timeline/calendar of activities, who and how it will be delivered and measured. “Fail to plan, plan you plan to fail!”

2. A succinct understanding of your unique offering and your customer – what REALLY makes you different? service and quality are common and frankly expected by a customer today, what will make you stand out from the crowd? Go beyond your unique selling proposition and look at your business from a customers eyes what will inspire them to buy from you?

3. A budget - It’s wonderful to have exceptional marketing ideas and plans but without the budget to implement them it will be hard to meet your goals. Marketing activities in your overall business budget is a must not a should have or even a could have. To develop a realistic budget talk to a marketing expert or invest the time in researching how much your ideas will cost to implement.
So I will ask you again, what three things can you do to generate more business?

 

Sue

What would you do?

What would you do if I gave you $25,000 to spend specifically on marketing your business?

This is a great question to ask yourself so that you can best identify where your marketing dollar is most needed and what is most important to you.

I have asked this question hundreds of times and the people I ask it to all lead me to the same conclusion. It is not until we think there are no boundaries (ie not enough money to spend on marketing) that we will start to think creatively, practically and from a “what is needed most to reach our customers point of view”.

As small business owners there is often the tendency to limit our thinking to what we can afford to do rather than exploring the big ideas and activities. When we do this we actually cut off the path to opportunity and the quick roads to the results we want.

While some of you may be thinking “yeah but if the money is not there it is wasted time” wrong my friend! wrong!  There is an expression that is one of my favourites – “there is more than one way to skin a cat” (by the way I am a cat lover and would never do such a horrid act!) but more to the point when you explore all the things you could do with $25,000 you actually open the doors to opportunity and clear the road for results.

Thinking about what you would do v’s what you can do puts you in a totally different frame of mind to explore what is really needed in your business. If you come up with a big idea and it is out of your budget gather a group of business buddies to brainstorm ideas and methods of how you can do, you might just be surprised at how many ways you can reach the same result.

So I ask you again, if I gave you $25,000 what would you do?

Cheers

Sue

Getting Help for Your Business

How to determine what help you need in your business…

I see a plethora of information coming out about how to make the most of your business and for the business owner that is not in marketing this stuff must be confusing in knowing what to buy, what to subscribe to and who will be the best fit to help you excel. Here are some tips to help y0u determine can help…

1. Conduct a mini audit

Identify the three – five things that are working really well in your business and the three – five things that are not working as well as they could be for you. Now with your list of not working put them into one of these four categories – self/personal development; business process or procedure; sales & marketing need and people & staff.

2. Prioritise your needs

From your categories list the three things that will have the most significant impact on your business this year.

3. Identify & list your values

Identify what is most important to you and create a list of your values here is an example of my top three values:

Fun anything I do must contain an element of fun, fun people, fun process, just some type of fun.

Belonging anything I do I must feel like I belong to part of a group, team, community or family and

Support anything I’m involved in I need to feel supported and I can provide support

What is most important to you?

4.Make an informed decision relevant to your exact needs

Now look over the offers you have for helping you make the most of your business and determine firstly Who is a good fit for your values and secondly what process resonates with you and your business.

Answering these two questions will help you find the best way forward for both you and your business.

H0pe this has helped!

Cheers Sue