What are 10 FAST tips for growing your business to the next level AND exponentially increasing your sales? That’s what we’ll answer in today’s video.
Hi, I’m Dillon with Social Media Top Team. We help business owners grow their business to the next level by leveraging social media, email and high performance marketing strategies.
Many small businesses are interested in growing their business to the next level or simply exponentially increasing their sales. Well we’re going to share with you 10 FAST tips to do just that.
Whether it’s GE or Apple, in manufacturing, Wal-Mart or Home Depot in retail, or even Southwest Airlines in the service sector, thriving businesses and their employees are practicing ten key essentials.
We call them…the ten commandments!... of speed. The ten commandments of speed. And they are:
Tip 1. Run A Client Centered Business – After all they sign everyone’s paycheck. Everything that you do or idea that you have should be held up to the litmus test of “How does this help our customer?” and “What can we do to help our clients even more?” or “How does this make it easier and more effective for them”.
Tip 2. Focus On The Future – That's where your opportunity lies. Innovating new solutions for customers, be they products, or services or fulfillment systems. This is how you ensure your business always remains relevant and in demand o your target market.
Tip 3. Be An Innovator – Here’s a great quote from Richard Branson
"There is no point in going into a business unless you can make a radical difference in other people's lives" - Richard Branson
In this era of rapid change, continuous improvement through innovation is paramount. Inventing new solutions for you and your customer needs and wants ensures a long profitable life for your company. This is how most successful companies establish and maintain their lead in their industry.
Tip 4. Always seek to improve Quality - It makes you focus on actually being BETTER while your competitors merely claim to be better. It also lowers costs, improves your speed & efficiency, builds pride and improves Your customer loyalty.
Tip 5. Get Rapid, Accurate Feedback – You must Know your customers, your employers, your suppliers, your competitors and the marketers doing at all time. Ignorance can be fatal. This is where effectively leveraging social media marketing services like blogging, online forums, email newsletter marketing and social sites really come into their own.
Tip 6. Focus On Agility – Being very flexible, dynamic and efficient empowers you to quickly respond and adapt to sudden changes in the market including new more capable and better capitalized competitors.
Tip 7. If It Can’t Demonstrate Measurable Value, Don’t Do It – Any technology, job or activity that cannot demonstrate a measurable improvement value in either profits or process. is simply generating needless overhead. Don’t do it. For example, unlike other companies in their industry, Good to Great companies like Walgreens were slow to implement technology unless you can first demonstrate a measurable improvement in either profits or process. So, the rule of thumb is if it demonstrates or if it doesn't demonstrate a measurable improvement and making you more money or making your systems rum more efficiently, then don't do it.
Tip 8. Build Teams Not Bureaucracies – Cross functional work teams and virtual workforces make better, faster decisions than bureaucracies. Teams are also easier to lead, train, and manage than multilayered departmentalized bureaucracies. This also includes outsourcing key functions to virtual assistants. Virtual assistants can GREATLY reduce your operating cost and when implemented properly, also increase your revenues as well.
Tip 9. Lifelong Learning Is Mandatory – If you want to stay in business in a rapidly changing world, ongoing education is an ABSOLUTE MUST for both you and EVERYONE in your company. Make ongoing education part of their job description. Many of our clients, make it easy for their employees to learn in their very own office by taking advantage of our highly acclaimed business coaching solutions.
Tip 10. Do It Now! – Set challenging timelines that make you and your team focus on using time in the most efficient and effective manner. Also measure and establish that a man it takes to complete routine tasks and make sure that everyone in your organization knows these times and completes those tasks within those time parameters.
In business, speed is your ultimate trump card. Remember entire industries have been revolutionized by one company simply doing it faster like Dominos delivered in 30 minutes or less.
Speed raises revenue, reduces costs, improves quality, overcomes competitors and Your customers absolutely love it! PLUS it’s an absolute necessity when growing your business to the next level.
In short, to successfully leverage speed and grow your business in today’s rapidly changing business world needs moving quickly and reaching out to customers in new, innovative & more effective ways. Besides implementing key technology, it also means that you absolutely MUST be leveraging outsourcing and virtual assistants, social media marketing services like blogging, online forums, email newsletter marketing, and online video marketing.
These have become the new ‘must haves’ to successfully grow your business to the next level.
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And if you’d like to learn more about growing your business to the next level with our ‘Next Level System Business Coaching Solutions’, go to www.socialmediatopteam.com or simply click on the link below this video.
I’m Dillon with Social Media Top Team. Don’t miss our next video when we cover ‘How To Make The 6 Stages of the Customer Buying Cycle Generate More Customers for your Business’
See you next video!