One advantage of working with hundreds of business coaching clients is that we get to see which “levers” in a business are the easiest to quickly impact profitability. Here are my three favorite “profit levers” for you to adjust to increase your company’s operating profit margin. One: Raise Your Prices I know you may be…
Earlier today I was leading a web cam round table with a dozen of our top business coaching clients. The subject was leadership. During a portion of this round table the participants were sharing how they were personally using a simple delegation technique we had taught them called the “Capability Spectrum”. Imagine a scale from…
If there were any one sales generating activity that applies to a large cross section of businesses, yet is commonly overlooked, cold calling would be my pick. Cold calling is the outbound dialing to a person or business who isn’t expecting your call. I’ll be the first to admit that it isn’t glamorous or sexy,…
Earlier this week I was talking with a business coaching client who runs a $10 million a year professional service firm. He shared with me that it had taken him several monthly to build out his core marketing funnel for a new service he started less than 12 months prior. He was excited that it…
Here’s a clear list of 10 proven time-tactics guaranteed to double your productivity… Do you find yourself complaining about your consistent lack of time? Here are 10 proven time-tactics guaranteed to double your productivity. In fact, you put even five of these time tactics to work and you’ll find yourself breaking through to a new…
It’s a common pattern I see catch even the smartest entrepreneurs off guard. After a long period of successful growth they notice that their lead flow and prospect pipeline has dried up. In a panic they rush in to figure out what to do. Having worked with so many business coaching clients has taught me…
Then here are the five in-your-face questions you must ask yourself. Be ruthlessly honest in your answers. Your insights will help you accelerate your growth as a business leader and the success you enjoy. 1. Are you doing less things, but the less that you do matters a whole lot more? A clear sign of…
Recently I was invited to give a keynote address at a large industry conference on the east coast. The organizer wanted me to share what I thought were the most essential principles that would make any entrepreneurial venture successful. Reflecting back on the thousands of business owners I’ve coached, and the companies they owned, I…
Recently I was working on a tool to help our coaching team internalize the best practices we’ve developed to handle the most common business challenges. While the document I eventually created dealt with 12 key challenges, here is a summary of four that I’ve observed are most common to small businesses we coach ($1-25 million…
Think for a moment about how much money you spend on digital and print ads. If you’re like many of our business coaching clients your ad spend may total up to 10 percent of revenue. Yet what if you’re wasting a massive portion of that money? Here is a simple principle that is guaranteed to…