BRG Manly

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http://anthillonline.com/8-ways-business-owners-sabotage-their-success-and-what-you-can-do-about-it/

by April 12, 2010 | By Rhondalynn Korolak

Do you have challenges in your business that really bug you and no matter what you try, they just don’t seem to go away???
Chances are others in your group currently experience or have experienced the same challenge.
We all have certain challenges in business. The most common are
? Staff
? Managing Cashflow
? Generating leads
? Systems
? Managing growth
Your fellow BRG members could be your “Board of Advisors”. Why not use their wealth of experience and expertise to overcome a challenge you are experiencing.
This discussion topic gives you the opportunity to gain some valuable advice from your fellow members to deal with your challenges.
“In the business world, the rear view mirror is always clearer than the windshield.” – Warren Buffett

What are you going to do about it?

No one can expect to just turn up, or sometimes not even turn and get referrals. It just doesn’t happen like that.

Your rewards are a direct result of the effort you put in.

You can’t expect a HSC student to simply attend their classes without doing any homework or study for exams and then receive top marks. It’s the extra work that gives you the rewards.

Here’s some very simple ways you can greatly improve your likelihood of generating referrals……

• Contributor….. do you provide your fellow members with information which may help them in their businesses? Do you freely offer assistance or advice (givers gain)? Do you add value to your meetings, ie: through your presentation or business discussions?

• Connector…..do you put people in touch with each other ie; “I know someone who could help you with that?” Are you genuinely interested in other people’s business…. One of the most powerful questions you can ask another member is…. “Please tell me more about your business so as I can find qualified referrals for you?” Guess what happens? The moment you genuinely become interested in their business, they become interested in yours!!

• Communicator ….do you stay in touch with people outside your regular meetings? Do you catch up for coffee or email them some interesting information you have come across?

• Consistency….. Do you do what you say you will? Can people rely on you? Do you regularly attend meetings? It’s the only way to gain trust!

Generating referrals is all up to YOU! Practice these 4C’s and see the rewards. It works!

“Success is the sum of small efforts, repeated day in and day out” – Robert J Collier

It seems to me that in small business you have to be a fan of the Liberals. Well I’m not. I hate them all equally. Labour, Liberal, Greens, Democrats (do they still exist), that red haired woman we should have all started ignoring 20 years ago. And so on.

Businesses like to hang their hat with one political party or another for a variety of misguided reasons.

It may well explain why so many businesses go bust in the first three years. They are spending too much time hoping politicians will deliver them a miracle than, you know, working. Is it just coincidence that this time frame is the same as the term of a government?
…
Read the rest here http://anthillonline.com/create-the-magic-yourself-don%E2%80%99t-wait-for-politicians/

Are there any particular business discussion topics you would like issued in the coming weeks? We have planned the following, however are happy to add new ones or make changes. Here’s the list of what’s coming…..
- Not getting as many referrals as you would like
- Business Challenges
- IT Audit – Efiiciency Checklist
- Tax tips for small business
- Social Media
- Staying Motivated
- Business Planning

If you’re happy with these they will be issued in this order. Otherwise let me know and I’ll make changes.

Do you know how to accurately read your financial statements?

A balance sheet is just that…… gives an overview of your business. It is a simple snapshot of where you are at and can identify problem areas in an instant. So are you reading yours properly?

This is an opportunity for accountant and/or bookkeeper in your group to explain the basics of reading financial statements, so you can get the information you need to act on.

This discussion topic will has been emailed to the accountant and bookkeeper well in advance of your meeting so as they can bring along examples of the relevant reports.

“We are what we repeatedly do, Excellence then, is not an act, but a habit”

-Aristotle