How to Grow Your Business Exponentially
Have you ever wondered how successful entrepreneurs manage develop their businesses from an idea to a thriving company?
Douglas Goldstein, CFP®, co-author with chess grandmaster Susan Polgar of Rich As A King: How the Wisdom of Chess Can Make You a Grandmaster of Investing, explains how he grew his business, Profile Investment Services, LTD, eventually doubling and tripling his success.
These tactics will help you to grow your business, no matter what field you are in!
Follow these three simple ideas:
Tactic #1 – Drip marketing
As an entrepreneur, you’re trying to sell something, so you need customers.
Slowly drip content, through regular mailings. This helps convert customers because over time you’ve built up your audience’s trust. Doug suggests ways to reach out to your clients, how to make an impression on them – all by being true to yourself and your business’ vision.
Tactic #2 – Priority management
Time management is crucial because there are only 24 hours in a day.
While you can’t move minutes around or turn clocks back, you can manage what you do with your time. Discover the advantages of using Goal Time free software to plan your day while being able to prioritize and be flexible when other, unexpected tasks arise. Learn other techniques for managing your time by reading The Time Trap by Alec Mackenzie and The E-Myth by Michael E. Gerber.
Doug also explains how to build a STRATegic plan so that you can manage your time practically and realistically.
Are you being honest with yourself and really getting things done? Use PayMo to find out exactly what you are spending most of your time doing. Are you sticking to your goals, or do you need to allocate your time a little differently?
Tactic #3 – Hire an office manager
You are the owner of your business, and you need to spend your day on using your unique expertise. You shouldn’t spend hours being your office’s telephone operator, doorman, or computer technical support. Learn to follow the FOCUS principle, as taught by John Lee Dumas on Entrepreneur on Fire, and do exactly what your clients are paying you for. Your office manager can do the rest.
Related to this is idea is outsourcing, a concept that Tim Ferris discusses in his book, The Four-Hour Workweek.There are many tasks that you can delegate to workers, either at home or abroad, such as video editing, sound engineering, graphic design, or researching. Don’t waste time learning to do these things yourself when there are plenty of people out there who have these skills and can do these jobs for you… for a relatively low fee. You can employ skilled professionals who can do a variety of jobs for you, from odesk or fiverr, both which provide great services for a fairly low cost.
Did you take away practical tactics from this video?
Contact Doug and tell him how it helped you to grow your business even further!