Skip to main content

admin - Succeed Now and in Any Economy: The 7 Forces of Business Mastery

While these are challenging times, they are also times of opportunity. In fact, the best companies have always excelled in the most difficult eras. More than half of the Fortune 500 were birthed in an “economic winter”—a recession or a depression. Companies like Disney, Apple, Exxon, Microsoft and FedEx were launched when the rest of the business world was licking its wounds.

If you can learn, as they did, not only to become more efficient, but to also optimize sales in this environment, you’ll be able to dominate in any economy. Whether you’re an army of one or a multi-billion dollar corporation, there are principles and strategies that you must understand and master to take your business to the next level. The 7 Forces of Business Mastery are about creating a system that improves your business by empowering you with the skills and tactics you need to gain an invincible advantage—in any environment.


1. An Effective Business Map


The only true competitive advantage in today’s changing market is not just having a business plan, but also a business map that can take you from where you are to where you want to be in the shortest amount of time.


2. Constant & Strategic Innovation


As a leader in your industry, you have to strategically innovate. You must be constantly looking for ways to create something more, new or better than what currently exists. Consumers are no longer impressed with any one new feature or service for very long—they expect a constant evolution of improvement or they will go elsewhere.


3. World-Class Marketing


Have you ever seen a business that has inferior quality products or services, and yet they dominated the market? It’s because the business knows who its customers are, what they want and need, and how to tell the business story in a way that compels prospective customers to buy.


4. Sales Mastery Systems


Marketing makes people want to do business with you, but sales is what you get paid for. You must create multiple channels to capture, convert and close sales.


5. Financial & Legal Analysis


Do you know where your company is spending its money? It’s easy to lose sight of the key measurements that can predict our progress or demise. Being able to measure where your

business is, where it’s going, and being able to see the blind spots that could get you into trouble are factors that are paramount for any business.


6. Optimization


Sometimes, the biggest growth opportunities don’t come from new initiatives, but rather from taking the core processes the business is already doing and executing them more effectively. A small incremental improvement made in a few key areas can result in geometric growth to the business as a whole.


7. Raving Fan Customers


You must understand, anticipate and consistently fulfill the deepest needs of your clients. The more value you are able to add to your customer, the more you’ll dominate the marketplace.


Next in this series: Throw Out Your Business Plan and Create a Business Map






via Business and Finance http://business.tonyrobbins.com/767/succeed-now-and-in-any-economy-the-7-forces-of-business-mastery/
Labels:

Comments

Post a Comment

Popular posts from this blog

lynda - Jane Wurwand, Founder of Dermalogica, this week on Glambition Radio

Jane Wurwand is not only the founder of the #1 brand of skin care in the world, but she’s also changing women’s lives on a global level . I’m thrilled to have her as my guest on today’s episode of Glambition Radio . Jane (originally from the UK) and her husband launched their business back in 1983 in Marina del Rey, CA with $14,000, no bank loans and no investors. Today, Dermalogica boasts sales of more than $250,000 million a year and is sold in 86 countries around the world! It’s a true rags-to-riches story, and she tells all in our interview . What many people may not know about Jane is that she is also fighting to empower women all over the world. She founded FITE , Financial Independence Through Entrepreneurship, which invests in local grassroots initiatives to help women and girls become leaders . To date, her FITE program has helped fund more than 40,000 loans for women to start or grow businesses in over 65 countries! (Visit JoinFITE.org to see how you can get involved.) O
Post a Comment
Read more

SMART Goals 101: Goal Setting Examples, Templates, and Tips - Brian Tracy

I think you’ll agree with me when I say: We’ve all heard that SMART goals are important . But a lot of people are left with questions about them, for example: What exactly are they? How do we use them correctly? Are they really contributing to your success? Here’s the deal: When it comes to achieving success, one of the most important steps that you can take is setting good goals. It is also important to recognize, though, that not all goals are created equal. In this article, we’ll take a look at a special class of goals called SMART goals and how you can use them to heighten your chances of success. FREE SUCCESS TOOL: Brian Tracy’s 14-Step-Goal-Setting Guide What is a Goal? A goal can be any objective that you set for yourself and push yourself to achieve. Sometimes that goal may be small (like waking up an hour earlier than you normally do) and sometimes it may be larger (like earning a promotion). But here’s the kicker: While having goals of all kinds is almost
Post a Comment
Read more

bosanchez - The Bias of Fathers

One day, I was at a Christmas party. And parents were forcing their small kids to sing, bribing them with lollipops to banana splits to doll houses to Boracay vacations. One father — a friend of mine whose name I won’t divulge as it would be hazardous to my health — brought his little five-year-old daughter to the front. Because he even had a Minus One prepared, we thought, “She must really be a good singer.” So everyone clapped their hands and cheered as the music started. Then the five-year-old began to sing. Or at least made some kind of sharp noise.  But she didn’t get one key right. The cute little girl was absolutely tone deaf. From beginning to end, she sounded so awful, the experience was similar to having an endoscopy without the anesthesia. But the father was right beside me, still taking photos, still smiling from ear to ear, his eyes glued to his little daughter. He looked at me and smiled, “She may not sound right, but can you see how lovely she sways her hips?” Th
Post a Comment
Read more