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Archive for business growth

Top Five Strategies for Business Growth

Top 5 Money-Making Action Tasks for Business Growth

Inaction is the death of any business. Without taking regular action every single day to grow your business, inaction will cause your business to become stagnant. Identifying business growth strategies and tactics is critical. Clients will disappear, your sales funnel will be empty, and your revenue will dip to zero in a heartbeat.

Let’s avoid this scenario!  Here are five action tasks that will lead to increased income and business growth.

  1. Email Your Customers Regularly.

Contrary to popular belief, email marketing is NOT dead. Email is the easiest way to stay in touch with customers and prospects to let them know about your new offerings or to recommend an affiliate product which pays you a commission.

  1. Focus on Customer Service.

You will never please everyone but you may as well try your best. Inevitably customers will contact you with questions or refund requests so be prepared to answer these requests in a timely manner. Stick to your rules about refunds but never disregard or disrespect a customer. Negative online reviews are easier to find than positive ones.

  1. Raise Your Rates.

When was your last rate increase? Are your prices competitive with the current market of coaches of your caliber? Can your ideal client still afford your new rates? Be confident that your expertise is worth that new rate and break the new carefully to your current clientele so they don’t jump ship.

  1. Repackage Your Offerings.

Don’t reinvent the wheel. Simply take your older content – books, programs, blog posts, etc. – and create new bundles or create an entirely new product. The information or products should obviously be related in topic to appeal to the most people and be sure to price it accordingly.

  1. Create a New Offering for Old Clients.

People buy from those they know, like, and trust, so open up that old client list and create an exclusive offer just for them. Make the offer sexy, exclusive, and time-sensitive to get quick action results.

How Do I Know What to Offer?

This is an age-old question of many coaches and business owners and it boils down to knowing your target audience. How do they want their information presented? What are the hot topics in their industry? What struggles do they have every day? The simplest way to know what they want is to simply ask them.

Another reason coaches don’t know what to offer is because they don’t have a plan, either for their business or who they want to help. Writing a business plan with action steps is imperative for business growth and I’m presenting a very in-depth workshop on this very topic.

“MAPSS – Marketing Action Planning for Strategic Success guides participants through the process of building a highly usable and effective marketing action plan with four modules filled with actionable steps anyone can implement. At the end of the modules you will have a completed 12-month calendar with all your programs, content, and promotions listed along with the action steps necessary to produce it all. If you want to leverage your business to the next level, follow this link MAPSS

Donna Price is a speaker, trainer, author and business and marketing strategist. She founded her company, Compass Rose Consulting in 2003 after a 20+ year career in non-profit management and administration. Donna’s history is impressive. She goes beyond the world of work as an adventurer and brings bold living lessons to each of her presentations. Donna has a unique inspirational story – of cycling across the country and how you take wild ideas and make them happen. She is the author of several books including; Yes! Marketing Works, Launching Your Dreams and Employee Coaching. Donna Price works with business leaders, teams and individuals to get them moving, improve their bottom line results through effective strategy, leadership, marketing and communication.

Lessons Learned

doublecheckDid you ever notice that there are lessons that you learn by making mistakes. At the time, you think, ‘Wow! I’ve learned that lesson!’ Only to find yourself making the very same mistake again, and once again learning the lesson.  Each time you think you’ve learned it.  Why is it that we have to keep relearning what seems so obvious and simple?  I know that it baffles me!

Well, I just learned it again…. Here’s the lesson: Check Everything! And then check it again.  I had two web pages that we set up.  I was sending people to them!  They seemed fine to me.  I could see them. But then, I checked the links and with one — the entire category was protected.  When I researched how that was possible, I found that MANY categories on this site were protected.  “Who did that?” I thought… but it had to be me!  Then i clicked another link to find the dreaded “page not found” page.  WHAT!!  Another link is wrong — “how can that be?”  Heck, didn’t I just learn that very lesson a minute ago!!

Check and check again.  But the real key is that you need to be SIGNED OUT when you are checking links.

What lessons have you had to learn and relearn?  I know another one that I keep re-learning is pressing the save button.  How many documents or posts or whatever have you lost because you didn’t save occasionally? Then the computer freezes/crashes/blows-up and there it goes –right down the drain!  I know it has happened to me and it is SO frustrating…but I continue to miss that save window occasionally!  Take a second and share one of your “lessons learned and relearned!”

Thanks!!!

Donna Price is a speaker, trainer, author and business and marketing strategist. She founded her company, Compass Rose Consulting in 2003 after a 20+ year career in non-profit management and administration. Donna’s history is impressive. She goes beyond the world of work as an adventurer and brings bold living lessons to each of her presentations. Donna has a unique inspirational story – of cycling across the country and how you take wild ideas and make them happen. She is the author of several books including; Yes! Marketing Works, Launching Your Dreams and Employee Coaching. Donna Price works with business leaders, teams and individuals to get them moving, improve their bottom line results through effective strategy, leadership, marketing and communication.

DIY, Coaching or Full Outsource?

Not Sure What To Do?

Business Success Coach

Business Success Coach, Donna Price

Are you a pure DIYer (do it yourselfer)?  Or do you outsource?  Have you had a coach and not made any changes in your success?  These are each great questions as you evaluate HOW to build your success and create

The post DIY, Coaching or Full Outsource? appeared first on Bizology.Biz.

Donna Price is a speaker, trainer, author and business and marketing strategist. She founded her company, Compass Rose Consulting in 2003 after a 20+ year career in non-profit management and administration. Donna’s history is impressive. She goes beyond the world of work as an adventurer and brings bold living lessons to each of her presentations. Donna has a unique inspirational story – of cycling across the country and how you take wild ideas and make them happen. She is the author of several books including; Yes! Marketing Works, Launching Your Dreams and Employee Coaching. Donna Price works with business leaders, teams and individuals to get them moving, improve their bottom line results through effective strategy, leadership, marketing and communication.

Growing the Seeds of Your Business: Nurturing the Blossoms

Nurturing Your BusinessGrowing a business takes time and commitment and for most it means new clients/customers.  New clients or customers, means obtaining new contacts or new leads. There are many ways to develop new business leads.  As you obtain a lead or prospect they need to be nurtured.  Leads or prospects can

The post Growing the Seeds of Your Business: Nurturing the Blossoms appeared first on Bizology.Biz.

Donna Price is a speaker, trainer, author and business and marketing strategist. She founded her company, Compass Rose Consulting in 2003 after a 20+ year career in non-profit management and administration. Donna’s history is impressive. She goes beyond the world of work as an adventurer and brings bold living lessons to each of her presentations. Donna has a unique inspirational story – of cycling across the country and how you take wild ideas and make them happen. She is the author of several books including; Yes! Marketing Works, Launching Your Dreams and Employee Coaching. Donna Price works with business leaders, teams and individuals to get them moving, improve their bottom line results through effective strategy, leadership, marketing and communication.

Great Radio Interview with Business Success Coach, Donna Price

Great Radio Interview — Special Guest Host

Dr. Christine Overton joined me on my Leadership Navigator Radio show to interview me!!  A real treat and turn of the tables.

Listen to internet radio with Compass Rose Leadership on Blog Talk Radio

Keynote Speaker, Trainer and Business Success Coach, Donna Price the host of Leadership Navigator is joined by Dr. Christine Overton  — a fun role reversal as Dr. Overton is interviewing Donna!!

Christine Overton is the former President and CEO of United International Chamber of Commerce and is a speaker, author and consultant.  Having years of experience as a radio show host, Dr. Overton is going to give YOU an incredible interview with Donna.

Donna Price is the founder of Compass Rose Consulting and co-founder of the Real World Leadership Institute.  She is the author of the recently released “Coaching Staff for Success” and contributing author to “Big Bold Business Advice”.

She has years and years of experience working with individuals, companies and teams to increase productivity, effectiveness and results!

Donna Price is a speaker, trainer, author and business and marketing strategist. She founded her company, Compass Rose Consulting in 2003 after a 20+ year career in non-profit management and administration. Donna’s history is impressive. She goes beyond the world of work as an adventurer and brings bold living lessons to each of her presentations. Donna has a unique inspirational story – of cycling across the country and how you take wild ideas and make them happen. She is the author of several books including; Yes! Marketing Works, Launching Your Dreams and Employee Coaching. Donna Price works with business leaders, teams and individuals to get them moving, improve their bottom line results through effective strategy, leadership, marketing and communication.

BizologyBuzz Magazine: The Business Card Challenge!

BizologyBuzz E-Magazine: The Business Card Challenge! The Buzz About Business | A Publication of Compass Rose Consulting In this Issue: Quote of the Day: Expert Article: BizologyBuzz Radio: No Show This Week! From Donna Price Advertising With Us! Quote of the Day: Vacation — provides respite from […]

Donna Price is a speaker, trainer, author and business and marketing strategist. She founded her company, Compass Rose Consulting in 2003 after a 20+ year career in non-profit management and administration. Donna’s history is impressive. She goes beyond the world of work as an adventurer and brings bold living lessons to each of her presentations. Donna has a unique inspirational story – of cycling across the country and how you take wild ideas and make them happen. She is the author of several books including; Yes! Marketing Works, Launching Your Dreams and Employee Coaching. Donna Price works with business leaders, teams and individuals to get them moving, improve their bottom line results through effective strategy, leadership, marketing and communication.

BizologyBuzz E-Magazine: Customer Service

Quote of the Day:

If you make customers unhappy in the physical world, they might each tell 6 friends.

If you make customers unhappy on the Internet, they can each tell 6,000 friends.

JEFF BEZOS


Expert Article: Is Email an Effective Customer Service Tool?

Does your company have a customer

Donna Price is a speaker, trainer, author and business and marketing strategist. She founded her company, Compass Rose Consulting in 2003 after a 20+ year career in non-profit management and administration. Donna’s history is impressive. She goes beyond the world of work as an adventurer and brings bold living lessons to each of her presentations. Donna has a unique inspirational story – of cycling across the country and how you take wild ideas and make them happen. She is the author of several books including; Yes! Marketing Works, Launching Your Dreams and Employee Coaching. Donna Price works with business leaders, teams and individuals to get them moving, improve their bottom line results through effective strategy, leadership, marketing and communication.

Horses, Business, Running…

What do Horses, Running and Business have to do with each other?

Business Success Coach, Donna Price reflects on her morning run… It’s not just a run, its meditation, its thinking, its insight….

Be sure to share your thoughts. Add your comment below!

Donna Price is a speaker, trainer, author and business and marketing strategist. She founded her company, Compass Rose Consulting in 2003 after a 20+ year career in non-profit management and administration. Donna’s history is impressive. She goes beyond the world of work as an adventurer and brings bold living lessons to each of her presentations. Donna has a unique inspirational story – of cycling across the country and how you take wild ideas and make them happen. She is the author of several books including; Yes! Marketing Works, Launching Your Dreams and Employee Coaching. Donna Price works with business leaders, teams and individuals to get them moving, improve their bottom line results through effective strategy, leadership, marketing and communication.

Holiday Leadership Lessons: It's a Wonderful Life…

Special Leadership Lessons from Holiday Movies:

It’s a Wonderful Life:
Never Underestimate the Power of Tribes

One of the most memorable Christmas movies of all time is Frank Capra’s “It’s a Wonderful Life,” starring the incomparable Jimmy Stewart and Donna Reed. It’s the ultimate feel-good movie, perfect for anyone who’s ever wondered if their life holds meaning.

Here’s the lowdown: George Bailey, played by Stewart, is on the verge of collapse. His small building and loan company is on the verge of bankruptcy, the mean rich man in town is poised to swoop in, and though he has a house full of adorable kids and a gorgeous wife (Reed), there’s never enough money to go around. George decides his family and business would be better off without him. On the brink of suicide, he’s saved by a fledgling angel, Clarence.

Clarence goes on to show George what his life would be like if he’d never existed, and the sight ain’t pretty. By seeing all the people he’s touched, George realizes that he has created a strong network of love and support – he’s created a tribe. And it’s this tribe that pulls together at the end of the movie to give back to George, helping him out of his current difficulties.

The lesson to you should be obvious: Your tribe can, quite literally, save your life. You should be building not only a viable business, but a community – one that supports and cares for each other. If you’re just out to make a buck, don’t be surprised if no one leaps to defend you or lend you a helping hand when things go bad. And they will go bad.

You can get “slapped” by Google. You can get your PayPal account frozen. You can get brought up on charges by the FTC. You can get hacked, robbed, or plagiarized. It happens.

But if you have friends like George’s, you’ll have a whole team of folks on your side. But one thing to remember: George had friends he’d created just by being a good guy, doing the right thing at the right time, not worrying about what was in it for him. He stood up for what was right and shook hand after hand, even when it cost him personally.

He didn’t build this community by selling junk or automating his Twitter feed or spamming everyone. He did it the old fashioned way: By caring.

Some business techniques never go out of style.

How have you incorporated building community into your leadership style and practice?  Building community is skill of talented leaders.

Join us for the Leadership Challenge Training in 2012.

Donna Price is a speaker, trainer, author and business and marketing strategist. She founded her company, Compass Rose Consulting in 2003 after a 20+ year career in non-profit management and administration. Donna’s history is impressive. She goes beyond the world of work as an adventurer and brings bold living lessons to each of her presentations. Donna has a unique inspirational story – of cycling across the country and how you take wild ideas and make them happen. She is the author of several books including; Yes! Marketing Works, Launching Your Dreams and Employee Coaching. Donna Price works with business leaders, teams and individuals to get them moving, improve their bottom line results through effective strategy, leadership, marketing and communication.

Coaching Business Growth

Coaching Bizology.Biz Testimonial from Bruce Clinton. www.coachingbizology.biz; www.bizology.biz — the most effective small business program for developing an effective business.

Donna Price is a speaker, trainer, author and business and marketing strategist. She founded her company, Compass Rose Consulting in 2003 after a 20+ year career in non-profit management and administration. Donna’s history is impressive. She goes beyond the world of work as an adventurer and brings bold living lessons to each of her presentations. Donna has a unique inspirational story – of cycling across the country and how you take wild ideas and make them happen. She is the author of several books including; Yes! Marketing Works, Launching Your Dreams and Employee Coaching. Donna Price works with business leaders, teams and individuals to get them moving, improve their bottom line results through effective strategy, leadership, marketing and communication.