How to Maximize Business Success in 2018
Filed under: Business Tips
Has your business had a good start to this New Year? The tasks that you focus on during the first quarter of the year can set the tone for the results that you will get in 2018. Right now is the right time to make changes and implement new strategies to see the results of these efforts during the current calendar year.
Jim McLaughlin
Transformational Business Coach
Business owners often have the desire to boost their sales and profits, but they get hung up on the actions that will generate real results. Instead of wasting time on things that aren’t working, you need to refocus to supercharge your results. Here are few things to consider this year:
Evaluate the 80/20 Rule
The Pareto principle states that 80% of your results will come from 20% of your efforts. Evaluate the daily and weekly activities that are bringing in the most money for your company. Then, look for ways to reduce the busy work and focus more on the money-making activities instead.
This strategy will help to decrease the total number of hours that you are working while increasing your productivity at the same time. Not only can you maximize your own results, but you can also look for ways to implement this strategy with managers and all employees.
Ask What the Customers Want
When you are working on the development of new products and services, it is essential that you turn to the crowd who will be ready to buy. What are the things that your customers want to purchase? Get feedback from your loyal customer base so that you can cater the offerings to match their desires.
Hire a Coach
Too often, people get stuck in the same pattern. As a result, they have a hard time looking at other options for their business processes. Hiring a coach is one of the best things that you can do because the coach will bring an experienced, outside perspective to help with your business. In many cases, small changes can make a big difference to create the long-term results that you are striving to achieve.
If you want to improve your results in 2018, then you need to call Jim McLaughlin, who offers Leadership Development for Business Owners and Managers: (951) 225-2179
