iSnare.com - Free Content Articles Directory
Authors Contents [Advanced Search][Add OpenSearch][Job Search]
Distribute your articles to thousands of article sites for only $2 and below! Read more...

Index  Business Management
 

5 Steps To Turbocharge Your Success

 
[ Contact the Author] [ Send to a Friend] [ Article Publisher] [Make PDF] [ Print] [ Bookmark & Share]
 
Read our Terms of Service before reprinting this article. The submitter specified above has claimed the rights to this article.
Lynnea Hagen

Let's take an imaginary journey. Better yet, imagine that you wish to take a driving trip across the country from New York to San Francisco. There are more than a couple of ways to head out on this trip. But, you have limited time and resources, AND you want this trip to be productive, enjoyable, and NOT stress-inducing.

Which of the two following approaches makes the most sense: (A) Saying "I'm going to San Francisco" then jump into your vehicle, and head out with no planning? Or, (B) creating a mental picture of how you'd spend your time (and money) in San Francisco? Would you know the reason for your trip? In other words, how would you prepare for the trip? Would you map out how to get there? Would you know who would be traveling with you, and what their responsibilities for the trip might be? Would you figure out how much money you would need to get there (not to mention, get back home)? How much time will you allow for the trip? How many stops will you need to make? And, finally, how will you keep from running out of fuel (emotionally, physically, and financially) before the trip is completed? (This last question is addressed in my "Running on a Full Tank" class. The rest of the questions can be addressed by thinking deeply, and following 5 major steps to success, below).

Using the above analogy, let's say that the destination is your success in business. How well can you define the following: your ultimate destination (your vision), why your business exists (your mission), how you measure your progress (your objectives), what ongoing steps you will need to perform (your strategies), and what projects need to be implemented (your action plans)?

In the examples above, most small business owners try to run their business using the (A) approach. They have sort of named a destination ("I want to have a business doing_____"), and set out to "go there" with no real planning. With this approach, how much time and other resources are wasted on taking wrong turns, not having carity about where they're going, why, with whom, and what exactly needs to be done to reach their destination?

If you're really serious about reaching your success destination, my challenge to you is to create a powerful, energizing, inspiring, step-by-step plan that clearly maps out everything needed to get there. I love using "The One Page Business Plan" system. So with this as my guide, I've mapped out your 5-step journey to success.

Vision - (What are you building)

Describe with great clarity what your business will look like in 3 to 5 years. How much revenue will it generate, with how many employees, serving what geography, serving what type of client, and providing what service? You may even want to specify what technologies you will use, or what ideals you will incorporate into your company culture. If you have a goal of giving 10% of your profits to a favorite cause, include that, too. In other words, dare to dream...and dare to dream specifically and boldly!

Mission - (Why does your business exist?)

When I work with a client to create business plans, this is very often the area on which we spend the most time...and for good reason. A well defined mission should not only inspire you and your employees, but customers as well. To do so, it should encapsulate the reason why, on a deeper level, you have chosen to be in this business, and what sets your business apart. It's timeless. (Examples: The History Channel: "Where history comes alive"; Nature Concervancy: "Saving the last great places"; Lenscrafters: "Helping people see better, one hour at a time"). A mission can compel and impel you (and others) to action. And, when the going gets rough, or you're feeling discouraged, it acts as the inspiration and energizer to keep you going.

Objectives - (What are the specific measures?)

Objectives must be graphable. They define your goals...what you need less of, or more of, to be successful. Maybe you want more revenue, profits, clients, or store locations. Great! How much more? Now, what do you want less of?...inventory, printing costs, automotive costs? Terrific! How much less?

Stated another way, what numbers do you need in order to assess the health, the pulse of your business? What statistics indicating the health of your business would be on a single page...to be faxed to you while you're lying on a beach in Tahiti?

Strategies - (What are the right things we have to do over time?)

How will you grow and manage this business? Strategies provide a framework for what you will and will NOT do. They establish best practices, set the direction on such areas as marketing, product pricing, internet presence, strategic alliances, target markets, employee retention, and positioning. Examples include: Doing a product roll-out at a major trade show, forming a strategic alliance with a "power partner", setting up a testimonial or referral program.

Action Plans - (What is the work to be done?)

What projects do you need to work on this year? Who is responsible for each of these projects, and when will the projects be completed (what date)? For example, my action plans include: by the end of April, schedule and announce 3 dates for my workshops; write and submit 2 articles by the end of May; put 12 speaking engagements on my calendar by April 30th; complete new CD products by June 30th. Each of these is a project, which will support my objectives and strategies.

So, there you have it...5 steps to turbocharging your success. Are these steps simple? Yes. Are they simplistic? Absolutely not! Writing plans is difficult. Quality thinking and writing take time. But don't worry about getting it "right", just get it in writing. It can be edited later, undoubtedly in 3 months it will be significantly different, and probably much better.

You and I have the ability to design our future, our lives, our success for as long as we can breathe and dream. By putting planning into the mix, you'll have the map and compass to reach your destinations and achieve your dreams far more quickly and better than you could have imagined. So, dream, plan, and move into your greatness!

copyright 2007 Lynnea Hagen and AbundanceCoaching.net

Important NoticeDISCLAIMER: All information, content, and data in this article are sole opinions and/or findings of the individual user or organization that registered and submitted this article at Isnare.com without any fee. The article is strictly for educational or entertainment purposes only and should not be used in any way, implemented or applied without consultation from a professional. We at Isnare.com do not, in anyway, contribute or include our own findings, facts and opinions in any articles presented in this site. Publishing this article does not constitute Isnare.com's support or sponsorship for this article. Isnare.com is an article publishing service. Please read our Terms of Service for more information.

Lynnea J. Hagen, MS, founder of http://www.abundancecoaching.net, and Hagen & Co. Consulting, works with motivated business professionals who want to create outstanding results in business and in life. Specializing in advanced leadership skills, and using various assessments, she supports and inspires her clients desire and deserve. For FREE resources, and tips on how to create abundance, visit http://www.abundancecoaching.net
Article Tags: business [See Dictionary], time [See Dictionary], trip [See Dictionary]
Got a question about this article? Ask the community!
Article published on October 22, 2007 at Isnare.com
 
Rate this article:

How to Improve Your Restaurant Business?
Submitted by: Adriana N

When consumers plan to dine out, they now have a wide range of restaurants to choose from With so many restaurants available, a restaurant has to come up with ways to stay competitive...

Your Business: Reinvesting or Cashing Out?
Submitted by: Sean Teahan

Business is struggling during these hard financial times Entrepreneurs and business owners face a hard dilemma: reinvest in the business or cash out...

Restaurant Franchise Helps to Make to Business Success
Submitted by: A.Noton

It is no secret that the restaurant industry is a tough one to succeed in However, when you look at the real numbers, it is because far too many people get into the industry thinking that all they have to do is open their doors, have a good time and the profits will roll in...

Service Management Software – What is ITIL?
Submitted by: Antony Dutton

ITIL is the accepted service management service framework for best practices for the provision of Information Technology services and is a basis for aligning business needs with IT...

Service Management Software – The Challenges
Submitted by: Antony Dutton

One of the challenges in implementing ITIL in established organisations is that they already have processes and procedures in place for the business...

CRM Software – Finding the Right Solution
Submitted by: Antony Dutton

CRM software solutions have progressed considerably in recent times While the key ingredient in a successful system is always the design and planning, the software solution can also make or break your CRM...

How Can You Stay Motivated While Building a Business?
Submitted by: Simon Johnnson

When you are about to start a business online, you need a little more than just talent and technical skill to stick through the challenges and become a success at the very end...

How Can You Stay Passionate in Business?
Submitted by: Simon Johnnson

When it comes to building yourself a new business empire, one of the key things that must walk hand in hand with you is passion...

Protect Your Liquor Store With IP Camera Surveillance
Submitted by: Wesley Fernley

Unfortunately, liquor stores have a high susceptibility to theft and shrinkage However, using a proper surveillance system can prevent a great deal of this loss from occurring...

Quality and Small Business
Submitted by: Julio Olivares

For many years, the concept of QUALITY has turned into a matter of consideration by the majority of businesses...

The Paper Consumption in Small Businesses is Too High
Submitted by: Julio Olivares

Talking about the office of the future means talking about the paperless office and, more specifically, how new technological improvements can help enterprises of any size obtain cost savings and operate more efficiently using electronic documents...

Starting a Business? Understanding Your Estimated Tax Payments
Submitted by: K. MacKillop

If you organize your business as a single-owner LLC or elect to have your multi-owner LLC taxed as a partnership, you will have to pay estimated quarterly taxes to the IRS after your first year of business...

Self Storage Solution Saves Inventories From Floods
Submitted by: A.Noton

Whether it is for a business or a home, there is always a need for more space to store extra items and inventory...

Hotels Are Falling in Line With the Environmental Trend
Submitted by: A.Noton

The world is going green and there is nothing that we can do about it Companies that are refusing to get with the times risk losing a lot of business and proof positive of this is the environmental trend that many of the large hotel companies are starting to follow...

Ready, Set, Start Your Project
Submitted by: Ray Myers, Jr., PMP

Congratulations You have been assigned to manage your next project and you’re eager to get started with planning...

Isnare.com Footer Divider

© 2004-2009. Isnare Free Articles - An Isnare Online Technologies Free Articles Project. All Rights Reserved.   Privacy Policy