Important Tip On Increasing the Value of Your Business
Sometimes it’s easy to get sucked into the busyness of running your business to forget to reflect …. Have your activities this quarter been increasing or decreasing the value of your business?
If you’re not sure … we are here to help you avoid costly mistakes in growing your business. I’ve teamed up with my friend Paul Visokey of Stony Hill Advisors.
As a business broker, exit planning specialist and M&A intermediary Paul gets questions all the time like:
How do I really know what my business is worth?
When is the best time to sell my business?
What is the process of selling my business? … and more
Whether you’re thinking of selling your business in the next 2 years or not for another 10 years, you want to make sure you’re taking the right steps to build maximum value in your business.
In this short video response, Paul highlights the #1 most overlooked secret to doing just that.
Check out here:
QUESTION: what is the one biggest challenge you have in increasing the value of your business right now?
When it comes to business development we know we should follow up with prospects multiple times. But,
[bctt tweet=”have you ever been guilty of sending out emails to a bunch of potential prospects and then forget to follow up on them? ” username=”yooncannon”]
Yup! I used to forget too.
Sure, I have CRM system and other tools that use automations, but there’s a lot of times when it is quicker to just to fire off a bunch of emails straight from your gmail account … but then .. life gets in the way of all our good intentions, right?
That’s why I decided to add Boomerang to my follow up toolbox.
What is Boomerang?
This is not the Boomerang App used on Instagram and Facebook that takes videos and makes it repeat itself from start to end in seconds. Yep, that app has the same name as this one but just to clarify. This isn’t that app we are going to talk about.
Boomerang for gmail and outlook is an app that allows you to write an email and automatically send it later on the perfect time you scheduled it. Plus, it has a feature that will also notify you if you don’t get a reply on the email you sent and/or if the person you sent it to did not even open the email.
Having Boomerang is like having your very own executive assistant who alerts you on who to follow up on your email prospecting efforts.
Some also use Boomerang to email themselves reminders for next day, or next week, etc. It allows you to organize your inbox to prevent email overload. It is a useful and a simple tool to use that can be installed on IOS and Android smartphones too.
This can easily help you in prospecting clients because it has the capability to track responses. Unopened, unreplied emails will then boomerang back to you based on the setting you had when you sent the email.
You have the ability to set the date when it will be boomerang back at you and to varied situations stated below:
If not opened
If not clicked
If no reply
Regardless
You can identify who to follow up in regards to your proposal let’s say.
How to Download and Use Boomerang for Business
Here is how to download and install it as a browser extension.
Go to Boomeranggmail.com and click INSTALL
2. A pop up will come up and click add extension. Let it run and that’s it.
If you learn better through video, here’s a good demo we found:
QUESTION: What’s a favorite productivity tool you use in your business development process?
Blogging doesn’t have to be an uphill battle. I’ve compiled 7 must-have tech tools and tips for making blogging easier. They tackle every aspect of blogging, from inspiration though to publication, and they could transform your blog writing instantly!
1. Pocket
For many people, finding inspiration is the hardest aspect of blogging. Online resources, like whitepapers, eBooks and other blogs, are ideal for triggering a wave of inspiration – but they can be hard to keep track of. Instead of flitting between hundreds of bookmarks, Pocket is a browser plugin that compiles your resources into a handy dashboard. As well as saving your resources in one place, Pocket allows you to access websites without an internet connection – and it’s available for a host of mobile devices.
2. Dragon Dictation
We aren’t all super-fast typers, and putting virtual pen to virtual paper can be the most time-consuming aspect of writing a blog post. If you’re looking to get your ideas down without developing RSI, it’s worth trying Dragon Dictation. This market-leading dictation software package offers intuitive speech transcription, allowing you to sit-back, relax, and compose your next post without lifting a finger. Dragon Dictation is also available for iPhone and iPad – making it perfect for blog writing on the go.
3. OmmWriter
If you’d prefer to stick to typing, the next of our tips for making blogging easier is perfect for you. OmmWriter aims to make writing an enjoyable and productive experience. It’s a text processor that combines gorgeous backgrounds and soothing audio tracks with keystroke sounds, and a wonderfully minimal interface. Perfect for clearing your mind, and focusing on the task at hand!
4. RescueTime
RescueTime allows you to monitor your online activity, and rate your own productivity. Specific websites and desktop applications can easily be assigned a ‘productivity value’, with beneficial activities like blog writing allocated a high-productivity value, and distracting activates like Youtube or social media assigned a lower value. Your daily productivity is then analyzed, and a score allocated. RescueTime allows you to track your productivity over days, weeks and months, and recognize the areas where you waste most time – making it one of the best tips for making blogging easier in the long-term.
5. Focus Booster
If you’re guilty of spending endless hours on blog posts without achieving any progress, the next of our tips for making blogging easier is ideal. Focus Booster structures your blog writing according to the Pomodero principle of productivity, allocating 25-minute intervals of writing, interspersed with 5-minute breaks. This handy app allows you to increase the efficiency of your writing, preventing you from wasting time when your productivity flags.
6. CoffeeCup
All the best blogging ideas start in coffee shops – and tips for making blogging easier are no exception. Want to improve the layout and design of your blog, but aren’t familiar with HTML and CSS? No worries! CoffeeCup allows you to edit virtually any visual aspect of your blog. If you’re looking to reinvent your site with a fresh new theme; convert your site to become fully-mobile responsive; or even add a ton of extra functionality to your blog, like contact forms and surveys, CoffeeCup has you covered.
7. Hootsuite
Once you’ve written and published your posts, you need to make sure that they’re promoted across your social media networks at the optimal times. Instead of waiting by your PC day and night for the best times to post, try Hootsuite. Hootsuite is a social media dashboard that allows you to automate your Shares, Tweets and Posts. It also comes with a range of extra functionality and tips to make blogging easier – from trending Hashtags to comprehensive blog traffic analysis.
QUESTION: Which tech tools do you use for easier blogging? Let me know in the comments!
In a previous post, I shared my one line response to a popular question I am often asked — “What’s your advice on achieving fastbusiness 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 coachingwork with Bob.
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 arenot specific enoughabout 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…)