40 Proven Business Killers

The article below will outline 40 proven business killers. Take an inventory of the list and cease any of the actions on that list. Next you must create a plan that will give you consistent growth by helping you to attract the best buyers in your market. This must be coupled with proper procedures. Lastly your plan must include business skills that will lessen your debt and start you saving for retirement. The time is now to make the changes. Inflation is ticking up quickly along with higher interest rates. Gas prices are high also. You deserve to stop living in fear and doubt. 99% of my clients probably started just like you. Hating the idea of being coached; hating the idea of spending money; and hating the idea of doing things differently. Go ahead and read some of their testimonials by clicking here. The following list will outline guaranteed small business killers. If you are inadvertently doing or not doing any of these, you may want to make the correction immediately. 1. You have no specific marketing plan 2. You are not spending present time consciousness with your customers/clients/patients 3. You are visualizing what you don't want instead of what you do want 4. You have a poverty consciousness 5. You don't read enough 6. You are in a constant state of fear 7. You do not train your staff 8. You do not have written goals 9. You are still using procedures that are old and have not been modified to reflect the present economy 10. You do not have a team of trusted advisers 11. You do not run or know how to read financial statements 12. You do not know how to create a budget 13. You do not understand business principles 14. You are not organized 15. You lack procedures 16. You do not understand how to strategically market 17. Nobody is holding you accountable 18. Your business practices are questionable 19. You are not innovative 20. You do not know how to upsell, down sell and cross sell 21. You fail to get out of your office to meet new people 22. You do not teach your employees how to run your business via systems 23. You are not using modern technology 24. You are frustrated 25. You are burnt out 26. You are apathetic 27. You don't donate time and or money 28. Your employees are not profit centers 29. Your staff needs to be told what to do next 30. You do not know how to control expenses 31. You have credit card debt 32. You are unprepared to pay your taxes 33. You live paycheck to paycheck 34. You wish you never went into your business 35. You do not have written goals 36. You do not look at your written goals daily 37. You waste time and procrastinate 38. You are not happy 39. You are not healthy 40. You do not wake up happy Start working on the list above and see what happens to your business or practice. You heard it here first. In Gratitude, Paul PS: A friend or colleague may benefit from what you just read. Please share it with them. Source: 911profit.com, 6/20/22.