The End of The First Quarter of 2015

computer-calendar-planningIn a few days the First Quarter of 2015 will be completed. How did you make out? If you created and wrote out or otherwise created a plan, how did the reality compare to the plan?

Large publicly traded companies go through this comparison on a regular basis. Entire departments spend the majority of their time and effort verifying, recording and presenting these differences. At the very least, any business owner should be tracking their numbers on a quarterly if not more regular basis.

Ever hear the saying, if you don’t know where you are, how will you get to where you’re going? In fact how will you know when you get there?

The point is we all must know where we are in business. We all must have some type of a plan to compare what we are actually doing so we are able to check in and make changes if necessary.  These changes may be to the plan itself or to how we are conducting our business. There should be an advisory board or some type of accountability or feedback group put in place in order to not live in a void or as some might say ‘live in a bubble’.

By recording your dreams and goals on paper, you set in motion the process of becoming the person you most want to be. Put your future in good hands — your own.” ~ Mark Victor Hansen

Let’s assume this year began and no plan was put in place. Let’s assume if you are a large business you accepted ‘ditto’ – same as last year  Let’s assume if you are a small business owner you did not create a plan for the year at all. It is not too late in either case!

For the large company, how about providing some leadership development? Why not invest in your employees for the future of the business?

For the small business owner how about your own personal development and building up your leadership skills?

In both of these cases the payoff is huge and the relative investment is small. If this is something you are considering or thinking “now that you mentioned it, Mitch”, contact me at info@mitchtublin.com for help in developing your plan.

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Mitch Tublin is a consultant, coach, speaker and trainer who resides in Stamford, CT.

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Top Ten Things Entrepreneurs Need To STOP Doing Now

Top Ten Things Entrepreneurs Need To STOP Doing NowIn approximately one year David Letterman will host his last Late Night Show. In honor of the marketer and promoter of the Top Ten List here is my Top Ten List of things Entrepreneurs Need To Stop Doing Now:

TOP TEN THINGS ENTREPRENEURS NEED TO STOP DOING NOW

10.   Procrastinating – Eat the frog and don’t wait until the last minute

9.     Being distracted – Turn off your phone, walk away from Facebook, don’t watch the latest Youtube video. Focus on the task at hand.

8.     Forgetting the customer is always right – Good customer service always comes back to this basic principle.

7.     Staying on Facebook all day long – You have better things to do; designate a specific time per day when you will log in. You should be there for business and creating relationships. With this clear purpose in mind watch the clock and set a specific amount of time for facebook activity.

6.     Tweeting all day – Designate time here too and have a purpose for what you are using twitter for.

5.     Doing errands – Set your work schedule and stick to it. If you are going to or leaving an appointment while you are out this is a perfect time to stop in a store if you need to pick something up. As you are scheduling an important visit to the Doctor’s Office consider what else you might achieve while you are in this area or in transit. Are there any clients or prospects you might meet with nearby?

4.     Physically going to Staples, Best Buy, etc – How can you use online shopping and other features (like postage purchases) online to maximize your time?

3.     Not strategically thinking and planning for your business – Have a solid business plan in place and set SMART goals.

2.     Doing everything alone – You are not a webdesigner, an accountant, a marketer, a PR firm, a social media manager, etc. Build up a solid team to help you with the tasks you are not good at / do not have time or energy for.

And the Number One Thing Entrepreneurs need to STOP doing now:

1.     Avoid taking action – It’s great that you are taking time to learn and educate yourself on how to grow your business and achieve your goals. But what action have you taken? Jump in and tackle those action steps starting now!

Are there some items missing from this list of the Top Ten Things Entrepreneurs Need To Stop Doing Now? Please comment to this and add your item.

Coming soon: TOP TEN THINGS ENTREPRENEURS NEED TO START DOING NOW

Mitch Tublin is an advanced certified executive and personal coach who resides in Stamford, CT.

Success Secrets to Let Your Business Be All That It Can Become

Success SecretsEveryone wants to know the secrets to building a successful business. The secrets are not really complex. You just need to implement them. In essence, a little more work than to rub Aladdin’s Lamp. The importance and the need to have a clear business vision, mission and plan cannot be stressed enough. Then again, it is a useless exercise! It is worthless to spend the time and the effort to create these!

Yes, you read that correctly. It is useless if all you do is create a mission, a vision, and a plan, and never review them on a regular basis to ascertain if they are still relevant. It is not worth the time and effort if you do not regularly measure where the business is against where your expectations are, according to these items.

Now you are creating a valuable method of moving your business toward achieving success. For Example, let’s look at Borders Books. They took their eyes off their Business and their customers wants and needs. They did not even recognize the real threat, Amazon, until too late. They were too busy looking at what other businesses were doing, like rewards programs, and not their own business and direction for bottom-line results.

This is not to say you should not watch what your competition does or what other businesses are doing. What is being said is that you do not need to copy what is being done. You must focus on your vision, mission and plan. You must measure and track and revisit and make adjustments as needed.

A business of any size should have a process in place in order to obtain these metrics. There are times when the largest of corporations have created such a nightmare of numbers, the ability to readily and easily know where you are and what direction you need to take is lost in the jumbled mess. It is time to break it down and simplify. If the most senior people are not able to explain in five or ten minutes with a pencil and a napkin where you are and where you are going, you have made your business too complicated. If that is true for the large corporations, it is even more so for a small to medium sized business.

You might not like to read this, yet it is a fact. There are about a half dozen numbers which should tell the facts about what your business has been doing, and what the future holds. Know these and make the adjustments necessary to stay on track or to get back on track.

Contact Mitch Tublin for an appointment today – info@easysmallbusinesssolutions.com or call 877-907-8223.

One Down and Eleven to Go – There’s No Stopping You Now

The last day in January is today. You may know this, or be shocked to find out. It is amazing to me with the technology we all have at our finger tips, some of us are so engrossed by what we are doing we forget the date, the time and more. Maybe we even forget we need a plan, a vision and a strategy.

Let’s begin with the importance of the month of January. It is just a month with 31 days like six other months. The importance of January is derived from its positioning as the first month of the year.

  • What was your January like?
  • What were your business results for January?
  • How was your personal life in January?
  • Are you on track to meeting your goals in each of these areas?
  • Are you contributing to your community in some way?

At the most basic level, regardless of your position as a CEO of a large multi-national corporation or organization, the founder of a mid to small sized company, an entrepreneur running a great business or a person out of work seeking a new opportunity, to get to the next step you need a direction to step towards. Your vision, the vision you create for yourself and for your business, provides this direction to move towards.

In a larger organization the vision may be created by a team of key leaders. From the vision, you are able to define goals to attain for periods of time. Goals may be for this year, this month, this week or today. This part is not done at all, by more people than you think. In large organizations, they think they are doing this. In reality they are working on a financial plan, and only a financial plan. If the words are written for other strategies which may be true, their focus and energy is only on the financial plan.

Here is how to really rise up above the rest. Create a way to confirm at least one time a month that the vision is still the right vision. The plan is the right plan. The strategy is the right strategy, and the goals are the right goals. Create a weekly process where you are able to check if you and your team are still on course in everything you do.

If January’s results were great, and you add in these described methods, you will stay on course for a spectacular year.

If you see your January results and you are not pleased, recognize that there are eleven months to go in this year. Create the process discussed in this article, and you will rapidly find yourself back on a course for success this year.

Mitch Tublin is available to speak at your company or organization. Popular Topics include, “Everyone Communicates, Few Connect” and “Leadership Law of The Lid.” Contact Mitch for speaking engagements here, info@thementorguy.com.