Posts Tagged ‘Planning’

Think Big, Start Small

We have learned to dream big and to go for our dreams.  These are important messages for a successful venture, but sometimes we get carried away and don’t give our dreams time to firmly take root.

I remember a colleague of mine dreamed of launching an annual online marketing conference.  He had a great concept and access to both the funds and the people to carry it out.  He planned a three-day event with speakers, workshops, and an exhibit hall.  Vendors signed up, facilities for a large crowd were committed.  Ads and articles appeared in the local paper and online.  Success seemed imminent.

But throughout the process several of his friends and colleagues (me included) had been skeptical.  We urged him to start smaller – maybe an afternoon event, to test the drawing power of his idea.

Our colleague remained undeterred.  He saw these naysayers as negative thinkers, small-minded folks who couldn’t grasp the potential of what was possible.

The day of the event arrived and everything was fabulous – except the attendance.  Those who came found it valuable, but the turnout was disappointing.  Vendors were upset, and the affiliating organizations were embarrassed.

Had he started small, none of this would have happened.  If he had compacted this event into one afternoon, the small crowd would have seemed large and the event could easily have led to a daylong event the following year with plenty of time for word of mouth and the promise of more to come to buikld on.  Failing so big damaged his efforts to do this again.

Lesson learned:  dream big, but start small.  Let’s go for our dreams, but let’s allow them time to grow into full blown success we envision.

Photo Credit:  sirwiseowl

Are You Ready to Hire a Salesperson?

To many business owners, hiring salespeople is a frustrating process.  It can also be tremendously expensive.  In fact, numerous business owners report they have hired their company’s “first salesperson” multiple times!

The good news is that there are several simple rules, processes and procedures that can give you the best chance of success when hiring a salesperson.  Knowing when and if your company is ready is important.  As is being prepared to both manage and train the new salesperson or salespeople once he/she is on board.

Are you ready?

Before bringing salespeople on board, ensure that the current staff can handle additional customers.  First, seek to improve the company’s productivity by instituting processes and procedures, then by investing in tools and software that reduce man hours.

Be prepared

Failing to plan is truly planning to fail when hiring salespeople.  Ideally, your company should be able to make all of the following five statements prior to hiring.

  1. The company’s sales process is clearly and completely documented in an understandable, teachable way.
  2. A training program for new salespeople has been outlined and formalized.
  3. Cash reserves exist that are equal to six months of a salesperson’s total compensation
  4. The company’s operations and/or service delivery is process driven, adequately staffed, and able to deliver
  5. The company has created a sales management plan to devote adequatetime to the task of managing salespeople

So, do you think you are ready to hire a salesperson?  If you are stay tuned for Part 2 – Finding the Right Salesperson for Your Business.

Photo Credit:  hugovk

Pace Yourself

Sometimes, when you look back over your day, you’ll find yourself focusing on what you didn’t get done.  That’s not helpful.  There is rarely enough time in a day to get everything done.  The best thing to do is to prioritize and pace yourself.  Even a marathon runner has to rest and refresh to keep going.

The early days in business are the toughest.  Every health professional says we need to get seven to eight hours of sleep a night.  But in the early days, while you are working your job and your business, a full night’s sleep will be a luxury.  Owning a business is great, but in the beginning it might own you.  You have to fight the tendency of the business to take over your life.

In a way, owning a business is like being in a marriage.  In business and in marriage, you can get lax about the fundamentals, whether it’s remembering to send flowers to your spouse or using monthly financial statements in your business.

Your business and your family will compete for your time and attention. Whenever you are, be present there.  Do not be the parent on the ball field looking at your BlackBerry.  The ups and down of balancing your life and your work will sometimes have you turning yourself into a pretzel.  But when you get that first sale, when you make enough profit to pay yourself, sharing that moment with your family will be priceless.

Work Your Plan!

However you define success is up to you.  But one thing’s for sure: success just doesn’t happen overnight – you have to have a plan and then start working your plan in a consistent and disciplined manner.  If you’re in a bike, for example, you need to start pedaling to reach your destination.  You just don’t pedal once or twice,  you need to do it consistently or you’ll lose your balance and fall.

Once a reasonable plan is made, immediately implement it.  Acting quickly is an imperative for your business.  Don’t get me wrong, do think things through carefully.  But be careful to avoid excessive reasoning and  “paralysis analysis” that often hinders you to move forward.  Get things going fast, and then as you go along, make some “corrections and adjustments” if necessary.

None of us are particularly fond of rude surprises.   Not fun!  Don’t wait until the the estimated completion dates to see if you’ve reached your goals.  Schedule frequent progress checks, meet with people or teams involved to measure the task status and updates.  At those meetings, discuss the following:

  • Is each goal still legitimate and achievable?
  • Where are we in terms of reaching each goal?
  • Have any situations or conditions changed since we originally set each goal?
  • Do we need to make any changes to our goals, our action plans, or our performance levels?

The answers to these questions provide the acumen we need to steer us in taking our important mission to reality.

Now go start pedaling!

“Idleness is a constant sin, and labor is a duty.  Idleness is the devil’s home for temptation and for unprofitable distracting musings; while labor profiteth others and ourselves.” – Anne Baxter

Plan Your Work

Success is the result of clearly defined goals combined with well thought out plans to accomplish those goals.  People who are successful always have clear goals on which they stay focused.  Those who are unclear about where they are going experience failure, and this often results to a stopping point for them.

Plans provide us with the direction, focus, and organization we need to stay on task.  And since humans are not equipped with perfect memories, it’s always a good idea to make sure that they’re written action plans.

There are a few questions that may be helpful in developing our plans:

1.  What needs to be accomplished?

2.  Why is it important to get this done?

3.  When does it need to be accomplished?

4.  Where am I in relation to this task?

5.  Who will be involved in finishing this task?

6.  How will it be accomplished?

After answering these questions in detail, perform the last step by adding contingencies.  Do your best to anticipate the unexpected by asking possible “what if” questions.

Failure does not deter those who are committed to their own unique vision of success.  As the old saying tells us, “the world steps aside for those who know where they are going.”

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