One Month In…

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In a couple of days, my calendar is going to ping me with a reminder. It’s going to say “One month in – how’s it going, Heather?” This reminder is for me to review the new business strategies I intended to integrate into my business this year.

Each year, I list out a bunch of strategies I want to integrate into my business. Some are marketing strategies, some are productivity strategies, some are customer service strategies; that kind of thing. I always have a really bold and vibrant vision of the year ahead and it’s easy for me to actually create so many strategies that I simply can’t implement them all effectively.
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The Three Stages of Small Business

In my reading I’ve enjoyed the writing of Duct Tape Marketing creator John Jantsch. You can read his blog over at Duct Tape Marketing.

In a recent blog, The Three Natural Phases of Successful Small Business Growth, Jantsch talks about the 3 phases that he sees small businesses progress through.

The first phase is foundation, the second phase is growth, the third stage is momentum. Jantsch describes each phase and encourages readers to identify where they are.

To recap (and to add on to what Jantsch has said):

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Plan to Fail

There’s the old saying, “If you’re failing to plan then you’re planning to fail”. That’s good advice but I would add that “you SHOULD plan to fail”. Okay, so that might not sound like the most positive advice around, but you’ll thank me for it after you’ve read this blog.

I’ve been coaching a client through a fairly significant business transition. He had a business that had been slowly failing for about 5 years before he came to me about three months ago. Through the course of our discussion we discovered that his real vision for business was not in the area of business he’d started but it lay elsewhere and (in his case) the right decision was to wrap up his failing business and pursue a different direction. He is taking a couple of weeks away from his business to clear his head and to prepare a business plan for this next step.
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When Business Growth is Bad – Part 3

I can’t imagine a business that doesn’t want some kind of growth. That’s exactly the way it should be. But not all growth is good and in the past couple of blogs I talk about business growth that can sometimes be a problem.

So far, I’ve talked about out-of-control business growth that costs so much up-front, the business cannot keep up. And, I’ve talked about business growth that spikes (increasing then decreasing) so that the business is stuck with a high bill from the brief burst of business. Click here to read more »