In a previous post, I shared my one line response to a popular question I am often asked — “What’s your advice on achieving fast business growth?”
“Never try to do it alone” is always my response.
If you enjoyed reading about the 3 powerful leadership principles that helped operations manager Beth to bring out the best in her people, here are 3 more powerful leadership principles from my coaching work with Bob.
Does your business feel like a roller coaster ride where sales are either at an exciting high or they’re at a panic level low? This pendulum is stressful on your cash flow. It’s also highly stressful on your mindset.
So, what can you do to build a customer pipeline so you can have a steady flow of new clients instead of living through spikes of feast or famine? Building a strong customer pipeline doesn’t have to be something all that complicated. It can be as simple as segmenting your interest groups from your customer groups. Then from there mapping out a sequence of offers to both groups that will entice them and invite them to move from no risk, to low risk offers.
Here are my 7 key stages to building a strong customer pipeline that you can implement right away into your business today: (more…)
Question: “Do performance reviews really work?”
— Avril Balderson, CPA Firm in Australia
Yoon’s Answer: Avril, my short answer is YES!!!!! They do work!
So, why do they don’t work so well for some companies? …What I see is that many companies have performance reviews that just are not specific enough about what the tangible actions and behaviors they want to see more of and which they do not tolerate. This can be slippery if the company does not have a job description written out that clearly describes what the expectations are on specific tasks, results and behaviors. (more…)
Here’s an interesting question I received on Linkedin from Richard Sink who asked:
“What lessons can you share with us about strategies when trying to turn your ideas (be it for social good or professional gain) into a reality?”
Hi Richard,
Great question. I work with start up’s on launching new ideas as well as established companies on re-inventing themselves in the marketplace.
I’d like to offer you a great format I use with my clients through this process. It’s the 8 stages of a start up which should be followed in this order: (more…)
During these economic times, when the unemployment rates are too high people opt for starting and running a small business, for various different reasons. Running a small business can be a profitable and successful endeavor. But you need appropriate skills and ideas to make it one, without which it can create a lot of hassle and can turn to be quite stressful. Doing business is about increasing sales and profitability and if you do not meet these goals, the business is not worth the effort. Here we will discuss various important tips that are sure to be beneficial for you in running a small business. (more…)
