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Create Stability While Growing Your Business

Posted on by Mike Stromsoe

Starting your business can be a little shaky over here, and wobbly over there. Once you know what owning a business is actually like, it’s time for some stability! Follow these steps to help your business gain some stability as you continue growing.

  1. Regulation.

Staying with regulations are very important for the continued growth of your business. Join organizations and seminars to know the updates on any regulations your business should follow.

  1. Hiring the right people for the job.

Hiring the right person for the right position is the most valuable asset for your organization. When interviewing your candidates, make sure that you give them an opportunity to talk about their experience in the field, their training, and what lead them to apply for this position. While money may be the real answer for all your applicants, the clever ones will have researched your company and given you an answer that fits your company’s values.

  1. Trust & Trustworthiness

Employers want the ability to trust employees, customers, vendors and the others with which they conduct their business, and vice-versa. However, in order to gain trust one must be trustworthy. Being a good leader is the best way to gain the trust of your employees. Learn from your mistakes and communicate well with your clients. Leadership begins with the careful and purposeful integration of identity and performance, being and doing, essence and activity.

Stability is sought after by everyone. After you’ve worked so hard to get your business off the ground, achieve the stability your business deserves. It is time to figure out how you can start earning more, working less, and enjoying life! Contact Mike Stromsoe’s Unstoppable Profit Producer Program to do just that!

Changing Your Behavior for Success!

Posted on by Mike Stromsoe

Some habits can be dangerous for your business. Do you have any of them?

No two snowflakes are alike: that’s something we learn from a very early age that holds scientific truth. This is because no two snowflakes fall in the same path—with even the smallest of temperature or pressure differences, they come out looking different. Similarly, your business likely had its own unique start and you alone can make people realize that that difference is worth their money.
Some habits you may have picked up on the path to uniqueness could actually be hurting your business. The following questions are ones you should answer, and try to transform any of these detrimental habits.

  1. Do you focus on results or reasons?

It’s said that when it comes to business there are two kinds of people: those who see results, or those who see reasons. The people who see reasons only see the reasons that their dream can’t be realized, while the others get the results that they want to see. You have to focus on goals that are possible for you! If you’re driven by results, you’ll see your dream come true faster.

  1. “Why not,” or “why bother?”

“Why bother” people easily throw their hands up in the air when they are presented with challenges seeing the time and effort as not being worth it. “Why not” people see the situation as an opportunity. If they fail, they’re no worse than they were before.

  1. Are (some) rules meant to be broken?

Rules are there for a reason: they keep order in our society filled with human beings. Some rules, however are better to be broken that kept sacred. In life, sometimes playing it safe can hold you back. People are admirers of those that take risks and break the rules that need to be broken.

Growing your business can only be done when you, yourself, grow as a person – a business owner – and as a leader. These can only come from within, and if you’re serious about your business, you’ll look into making these changes. it is time to figure out how you can start earning more, working less, and enjoying life! Contact Mike Stromsoe’s Unstoppable Profit Producer Program to do just that!

 

Grow a Stable Business!

Posted on by Mike Stromsoe

Enhancing stability while growing your business will put your success on the map.

There are many ways to solidify, stabilize, and grow a new business. Starting today, you can help your business to move forward with new, innovative ideas while remaining stable. 

Regulation and Compliance
Attend seminars and join organizations to know which areas in which your organization have compliance requirements, especially specific to your industry. Ensure that all policies are clearly conveyed to your current employees and new hires with posters, pamphlets, and handbooks. 

Network
Introduce yourself, your business, products, and services through social media, personal contacts, and by attending meetings, conferences, and fundraisers. Get involved by being an active member in the community and subscribe to local online newspapers.

Organizational Operations
Establish common goals with strategic plans to reach daily and weekly goals. Define departmental responsibilities, procedures, budgets, and logistics with timelines, checks, and plans to monitor productivity and results.

Employee Experience
Having the right person for the right position is the most valuable asset of an organization. Select applicants with demonstrated competencies aligning with required responsibilities related to the functions of the position.

For your opportunity to know what you can do to grow your business, stay stable, enjoy life, and work less, visit Mike Stromsoe’s Unstoppable Profit Producer Program. The Boot Camp “Leave No Regrets” in San Diego, CA enables you to Be Unstoppable!

Soar Your Sales with These Questions

Posted on by Mike Stromsoe

Ten questions for successful sales for your entrepreneurial enterprise.

At a start-up business, founding entrepreneurs often function as the company’s salesperson even if they’re not a natural-born seller. The good news is that once these activities are defined, they can be monitored, measured, and improved to increase performance.

To get your business on the way to success, break down the sales process into three components and answer all the questions in each!

Lead Generation:

  • How are you generating leads?
  • Where are you getting customers?
  • What percentage of leads are converted into prospects?
  • Are you asking for referrals?

When you audit your sales path, you will learn where most of your customers come from and can then reposition your investments to fit the appropriate channels. Additionally, you may be missing out on sales opportunities by not asking customers and partners for a referral.

Lead Management:

  • Do you have a process for organizing leads?
  • How fast are you following up on leads?
  • How do you handle the follow-up process?

Try to set aside a specific time each day or week to follow up on leads. A detailed plan is the best way to move forward with organization.

Lead Conversion:

  • Do you categorize prospects?
  • How do you determine if the prospect is qualified?
  • What percentage of qualified prospects convert to clients?

If you waste time on a prospect who has no intention of purchasing, that is time missed on a prospect who does want to purchase. Knowing where to focus your prospect communication is a learned sales skill.

The more consistent and streamlined the sales process, the greater the potential for overall company success. Contact Mike Stromsoe’s Unstoppable Profit Producer Program make your business thrive, work less, and enjoy life! Attend “Leave No Regrets” boot camp in San Diego, CA for a complete package of business tips and tricks.

8 Unprofessional Work Habits to Stop Today

Posted on by Mike Stromsoe

Keep your business habits professional.

Unprofessional habits are seen during day-to-day operations by colleagues, superiors, and even clients. While you may not realize that you have some bad habits to break, it’s worth reflecting to notice if you need a refreshed mindset.

Today, evaluate if you have any of these habits and find ways to move them out of your work routine.

  • Complaining: Even in the most perfect conditions, there are those pessimistic people who find fault in everything. While it’s fine to share feelings, excessive complaining can quickly become annoying.
  • Flirting: Knowing the boundaries is must, especially in the workplace. Flirting, especially with the aim of career advancement, will look sleazy and could even compromise your career.
  • Procrastinating: Not getting work done and interrupting others at work can appear lazy to everyone in the office.
  • Yes-Man: When working as a team, you can’t please everyone. A professional will know when to say no respectfully and suitably.
  • Lateness: A person who is continually late to work will seem to not take work seriously or respectfully.
  • Inappropriate Dress: While modern companies allow a more casual dress code, the quickest way to lose respect is to turn up in pajama-looking clothes.
  • Gossiping: Some people get satisfaction from causing arguments and conflicts with office gossip. This is not appropriate for work.

Be sure to contact Mike Stromsoe’s Unstoppable Profit Producer Program make your business thrive! Also, mark your calendar for the “Leave No Regrets” boot camp in San Diego, California to learn how to work less, make more, and enjoy life!

California’s Updated Paid Sick Leave Law

Posted on by Mike Stromsoe

Your business’s update on the new paid sick leave laws in California.

The California paid sick leave law, named the Healthy Workplace, Healthy Families Act, took effect July 1, 2015. It’s designed to promote a healthy workplace, reduce employee turnover, and increase productivity in the workforce.

Update your business by knowing the ins-and-outs of the new law:

What is it and who is it for?
Any employee who works in California for 30 or more days within a year is entitled to paid sick leave. Employees, including part time and temporary employees, accrue at least one hour of paid leave for every 30 hours worked.

What are employee eligibility requirements for using paid sick leave?
The employee may use accrued paid sick leave beginning the 90th day of employment. They are not required to find a replacement as a condition of using paid sick leave. Sick leave includes the employee’s own or family member’s diagnosis, care or treatment.

If a sick leave or paid time off policy was already in place…?
As long as the employer has a paid leave policy or paid time off policy that meets the law’s leave time requirements, the employer is not required to provide any additional leave.

What are the consequences of noncompliance?
If a company does not comply with the new law they can face Labor Commissioner enforcement measures, including penalty fines.

How can a company enforce compliance?
Display posters on the sick leave policy for your staff, provide written notice to current employees and new hires, show how many hours of sick leave an employee has available on a document or pay stub, and provide the accrued time when requested for the eligible employee.

Keep your company in line with the laws and find out new ways to enjoy life, work less, but boost business. Visit Mike Stromsoe’s Unstoppable Profit Producer Program and attend “Leave No Regrets” boot camp in San Diego, CA for a complete package of ways to improve your business.

Your Guide To Starting A Business While Working Full Time

Posted on by Mike Stromsoe

How to: start a business without quitting your full-time job.

All too often, people look at entrepreneurism as a huge gamble. You have to give up all of your financial stability to start your own business – right?

Actually, it is possible to start your business while still working full time, you just have to make sure you handle it well. When you keep your full-time job, you can leverage your bosses and colleagues for professional advice and, obviously, keep a paycheck coming your way.

How do you get the best of both worlds? Start a business while working full time by following this guide.

  • Be Honest To Your Company: It’s not just unethical to do work for your new business while you’re on the clock for your current company, it can also have far-reaching negative implications. For starters, you can get fired. Even more problematic, though, is that your company can claim ownership of anything you did on their time.
  • Be Honest To Your Supervisor: It might seem risky to tell your supervisor that you’re planning to start your own business, but it’s much better to have control over how he or she finds out than it getting to your supervisor through the rumor mill!
  • Be Honest To Yourself: Don’t burn yourself out. If you’re feeling exhausted working full-time, then coming home and plugging away on your new business, let yourself take a break or get the help you need. If you burn yourself out before you even get started, your business will struggle.

Are you thinking of starting a business? If so, don’t wait to contact Mike Stromsoe’s Unstoppable Profit Producer Program! We have an extensive wheelhouse of guidance to help you work less, earn more, and enjoy life! If you’re hungry for more training, mark your calendar today for our San Diego, CA “Leave No Regrets” boot camp in November!

Forming The Best, Most Productive Start Up Team

Posted on by Mike Stromsoe

Your guide to creating the right team for your start up.

In big business, people can get lost in the shuffle. If one person is inefficient, odds are there’s another individual who can pick up the slack. That’s not the case in a start up, though. In the same way you value every dollar that comes through, each member of your team is crucially important.

To help you put together the best, most productive team at your start up, here are just a few things you should do.

  • Choose The Right People. We know you’d love to pick your friends, but don’t – unless your friend is already highly trained and deeply passionate in your specific industry. When you’re getting started, imagine each team member as the head of a future department, and pick a person who has the drive, focus, and skills to build out that department for you.
  • Empower Your Team. Once you get the right people together, be flexible with them. Since you have a vision for your start up, it can be tempting to micro-manage. Don’t, or you will not just annoy your team but you’ll also limit their productivity. Empower them to work how they work best. For example, if one of your team members is a night owl, let him or her shift hours to work later at peak productivity.
  • Don’t Be Too Involved. Similarly, you’ll probably want to hold a host of staff meetings and offer guidelines every step of the way. The problem, though, is that your team’s time is precious. Those little interruptions add up and detract from their ability to get stuff done for you. Stop bugging them unless it’s absolutely necessary! Trust us, an email will suffice.

Do you have more questions about building the best team? If so, contact Mike Stromsoe’s Unstoppable Profit Producer Program and attend our “Leave No Regrets” boot camp in San Diego, California. We’re dedicated to helping business owners work less, earn more, and enjoy life!

Tips For Generating Business With LinkedIn

Posted on by Mike Stromsoe

Want to get more business out of LinkedIn? Read this!

Nearly three out of every four marketers use LinkedIn, and one out of every five say it’s the absolute most important form of social media they use. Does this surprise you? Lots of people see LinkedIn as a means to, well, link in with their business contacts, but don’t use it for much else.

In fact, though, LinkedIn can be a powerful tool for creating more business – you just have to know how to use it! Here are a few tips to get you started with leveraging this social media platform.

  • Get Set Up: No matter how hard you work on LinkedIn, if your profile and business page are lacking you’re not going to look legitimate. Use keywords in your profile and business page description, make sure you’re actually active (liking other people’s posts just isn’t that hard), and share relevant content.
  • Get Personal: Stop sending the generic “I’d like to connect with you on LinkedIn” message. Replace it with something personal that will encourage that individual to take action. For example, “It was great to see you at X networking event! Lunch next week to talk more?”
  • Get Help: LinkedIn has built in tools to make your life easier. Use them! Their Marketing Solutions suite has Sponsored Updates that populate to the site for users you’re targeting, a Lead Accelerator to populate possible leads’ (i.e. people who have visiting your website) pages with those customized Sponsored Updates, and Sponsored InMail to send emails to prospects who are active on the site.

To learn more about how your business can leverage LinkedIn and other digital media to see success in 2015 and beyond, contact Mike Stromsoe’s Unstoppable Profit Producer Program. We’ll be offering even more information on these types of topics at our November “Leave No Regrets” boot camp in San Diego, California. Don’t miss it!

Use This Tried-And-True Formula For Success

Posted on by Mike Stromsoe

This formula will help your business realize success this year.

All business owners want to be successful. After all, when you thought about starting your business, being broke, working long hours, and watching your business fail were not on your list of to-dos.

How, exactly, do you succeed? While plenty of people will give you a complicated answer, we say it doesn’t have to be such a headache! To help your business achieve its full potential, follow this straightforward three-step formula for success.

  • Do Your Homework: New business owners think they’ll learn about the market as they go, while seasoned ones think they already know it all. You’re both wrong. All industries change and grow, and technology is making those shifts happen faster than ever before. Take the time to take a step back and research your industry. Who are the top players? Who’s changing the game? Where are customers’ needs not being met?
  • Discover Your In: Once you have the facts, you’ll be able to lay them all out to figure out where your business has a channel to success. Maybe all of your competitors are doing something you’re not, and you need to start. Maybe no one’s doing something customers are calling for, and you can. Look for any opportunities your business has in front of it.
  • Make A Plan Of Attack: So you know the background and what you want to do. Don’t just plunge ahead blindly! Instead, take the time to create a detailed, organized, logical action plan. If you’re going to change your business, it’s in your and your team’s best interest to be prepared before you do.

If you want help doing market research, discovering your opportunity, or making your plan, contact Mike Stromsoe’s Unstoppable Profit Producer Program. For on-the-ground training, don’t miss our “Leave No Regrets” boot camp in San Diego, California. At it, we’ll teach you how to learn how to work less, make more, and enjoy life!

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