brandUcoaching Inc.  

issuetop Issue #18 - February 2010                                 the BUSINESS BUDDY e-newsletter

Greetings!   Cory Andrichuk, President
 
Can you believe it's already February 2010?  It's seems like just yesterday that many of us were coming to grips with the 2008 economic collapse and then re-writing 2009 plans to try to think of creative ways to manage our businesses in the uncertain times ahead.  Even with all of this happening, I have actually met, and personally spoken to, many entrepreneurs and successful business owners that did not participate in the recession last year and, in fact, enjoyed their most profitable year! 
 
Whether you struggled in your business last year, or achieved many objectives and were successful, there is no doubt that the economy is picking up, showing nice signs of recovery, and that 2010 should be a banner year!  However, even with these smaller signs of economic recovery, it's key to 'Keep Your Foot on the Gas' and continue to plan for success!
In This Issue
Cory Says...
Tip of the Month...
Quote of the Month...
Recommended Resources...
Ask Cory...

About Us

 
 
 
Endorsements
 

Cory in the News

February 2009
 
 
April 2009
 
Preferred Partners
NACTA
 
Travel Planners International
 
Advantage Travel 

Send Your Comments to Cory

 

the BUSINESS BUDDY Archives

 
 
CORY SAYS...
 
Keep Your Foot On The Gas

Now that the flurry of January is behind you and business is beginning to show some signs of leveling off, it's your choice to sit back and maintain the status quo or continue forward with the work ethic you have developed and attack your business and marketing plans throughout the year ahead.  As you know, your business plan and a separate marketing plan are key tools to success in good times and bad.  It is safe to say that the most successful businesses have a plan and have developed a system to achieve their objective.
 
So what is your system to success?  Hard work, aggressive determination, persistence and patience are all entrepreneurial traits necessary to compete and win in business these days but, seriously...what is your system?  Do you have one? Or do you run your business by the proverbial seat of your pants?  If you need to ensure you hit, and maybe even exceed those sales goals, then here are some keys to turning you and your business on, keeping your foot on the gas and driving your business forward.
 
1.     Write down your business goals each day. For years, I have been writing down my annual goals and review them often.  Last year I learned a new technique that changed my life!  What I learned was the power of writing and rewriting your goals Every Single Day.  Brian Tracy taught me this technique and I love it!  Get a goal notepad or even recipe cards (something to carry with you as much as you can).  Each day write down 10-15 of your most important goals.  Without referring to the previous day, re-write your 10-15 goals every day, day in, day out.  As you do this, amazing things will start to happen!  The daily physical writing habit triggers your subconscious mind that goes to work to bring that goal into reality.  The only rule that Brian Tracy mentions is to apply the 3P Formula:  Your goals must be written and described in the positive, present and personal tenses.  An example is: " I earn 10 new customers every month."
 
2.       Adopt a marketing mindset.  A simple business model I use looks like this:  Marketing = Sales = Profits.  Marketing is an investment in your future business.  No matter how successful you are, how experienced, and how many clients you currently have, you always have to be marketing. Slow sales are marketing problems.  Losing market share is a marketing problem.  If you really want to take advantage of the upturn in the economy this year, then adopt a marketing mindset.  Using a tip from above, write out your marketing plan, and or goals, and then execute... all the time!!!  You don't necessarily have to increase your marketing budget 50%, to get a 50% increase in sales, either.  Here are some ways to accomplish this:
 
  • Find a niche.
  • Specialize.
  • Get creative and diversify your marketing strategies by networking in a different segment of the market.  Combine some marketing drivers  like hosting a consumer event through emailing, mailing, advertising on the radio, and then placing a newspaper ad to penetrate several different areas all at once. 
  • Take advantage of cross-promotions.  Cross promotions are a way to market using another business model that compliments yours.  It should be a win-win business deal.  First of all, they help you stand out in a crowded market place.  Secondly, all kinds and sizes of businesses are joining forces to reach their mutual market of "customers" more efficiently. Their cross-promotions include "bundled" offerings,  cause marketing, co-branding, co-op marketing, and shared space.  Lastly, cross-promotions expand your business by using another business's customer base.
 
3.       R3. Recharge-Relax-Reward yourself, your family, your team, your business!   We all work so hard for everyone else, and rarely take enough time for ourselves!  January was a very busy month, and with your momentum into the months ahead, you need to plan into your schedule some down time to recharge - relax - and reward your hard work.  Your best ideas come when you least expect them!   Your most creative thoughts, ideas, and visions don't appear when you are running 100 miles a minute from meeting to meeting, soccer field to music studio with your children...  Creativity comes when you are having fun and relaxing in the moment.  Take the time to have some fun - it's good for business and it's good for you!  (Just make sure you have that piece of paper ready when that creative thought or vision pops up!).
 
  
TIP OF THE MONTH...

Lead TrackingThumbs Up

Are you tracking your leads?  Do you know where your business is coming from?  PLEASE say YES...  If not, start today by contacting me for some ideas as to how to track your leads, or as I like to refer to them as relationships. 
 
The keys to tracking these relationships (leads) that start as quotes and grow into customers for life are telephone numbers and email addresses. 

Top of Page

QUOTE OF THE MONTH...

Mark TwainOpen Book - Quote

 
"If everyone was satisfied with themselves, there would be no heroes."
RECOMMENDED RESOURCES...
Website and Reading
 
Recommended Resources
 
Transforming Power of Achievement - By Keith Powell 
             http://www.keithpowellspeaker.com 
                                                       

ASK CORY...

 

 Submit your Question to:  Cory@brandUcoaching.com

Cory AndrichukQuestion... 
How do I keep up the pace for the rest of the year?  January was an excellent sales month compared to last year and I appreciate the new business coming my way, but how do I keep up with it all?
 
Cory Says...
It starts and ends with your priorities!  Start by writing out your goals. Then rewrite them everyday...YES, everyday!   By writing out and reviewing your goals every day, it's amazing the clarity you will derive.  Your daily habit's start to shift to your priorities / goals and allow you to focus and get done what matters most!  
 
Make it a GREAT month!

Cory 

Cory Andrichuk, 
President & Travel Entrepreneur Business Coach 

brandUcoaching Inc.
Tel:  1- 604-580-5025
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