Friday, August 27, 2010

Turn Around Management - How to Turn Things Around For the Better

I've survived 3 recessions and several major business upsets over the past 27 years of owning and running my own business. Here are 3 quick tips to turn things around if they start going wrong.

1) Focus. Stop doing 10,000 things and focus on ONE thing that has the greatest chance of producing great results. I wasted too much time in the beginning trying to work on too many activities. THEN, I focused on writing my newspaper column and calling potential clients and the business grew.

At this stage of my life, I focus as much on family as I do on business. I don't want to lose what really matters while I seek business and financial success.

2) MASSIVE ACTION: A little action gets you a little result. Think of turning a huge ship around. The Titanic hit the ice berg in part because the rudder was too small for the size of the ship. Had the rudder been twice the size, it may not have crashed. Don't make 10 calls a day, make 100.

Applying the concept to your personal relationships, don't tell your spouse you love him / her, show it by changing, growing, hugging longer, smiling more and being better.

3) Eyes on the prize: Keep looking at your main goal. Everything in this world will try to distract you from your main goal. Email. Text messages. Low-priority phone calls. Keep your eye on the prize and spend 80% - 90% of your day working on achieving your main goal (business or personal)

I could share 100 more ideas for turning things around but if you don't use these first 3, the rest is really wasted effort. Wishing YOU great success and happiness.

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