Jon O'Malley Speaks at DCR Chamber Breakfast With Champions

Jon O'Malley, Head Coach at YouProfit Business Coaching, spoke to DCR Chamber members at the Breakfast With Champions on Thursday. During his presentation, Jon stressed the importance in "remembering to work on your business, not just in your business" and gave attendees the tips and tricks on how to do just that.

6 key areas to focus on to better your business:

1. Inner Game- You need to be constantly educating yourself, focusing on something spiritual, exercising and goal setting to reach that next level.
2. Niche- Find something that sets you apart and makes you different from your competition.
3. Mastery- Master the fundamentals of time and financial management.
4. Team- Show appreciation for your employees and help them see your vision and goals for the company.
5. Multiple Focused Streams- Once you have a solid foundation in place, seek out other ways to add another line of income to your business.
6. Repetition and results- After you feel you have everything in place and things are going well, look into expanding to another location or starting a new business.

Jon showed how to increase your revenues by 39% and net profits by 290% simply by making small improvements in the 7 drivers of growth and profits below:

1. Number of prospects
2. Conversion rate
3. Retention %
4. Average $ Sales
5. Number of Transactions
6. Gross Margin
7. Overhead

If you are interested in learning more about how you can take your business to that next level and grow your profits, contact Jon O'Malley at 651-275-8999. It's time for you take charge of your business and set yourself up for a successful future. 

Tell the Governor on March 13:

By David C. Olson, Minnesota Chamber
 

Rep. Erik Severson, a Duluth native now serving in the Wisconsin Legislature, fired one of the first salvos with a press release inviting companies to cross the border. Many may scoff at his open letter to Minnesota businesses, calling it premature and nothing more than a publicity stunt. But the underlying message cannot be lost: Minnesota can expect more serious efforts to lure businesses away if the governor's anti-jobs measures are passed.

Rest assured, many are watching closely to see what happens.

From a Wall Street Journal editorial: "Washington may be a tax reform wasteland, but out in the states the action is hot and heavy. ... This state reform trend is a rare bright spot in the current high-tax era, and it will further sharpen the contrast in economic policies between GOP reform Governors and the union-dominated high-tax models of California, Illinois, New York, Massachusetts and now Minnesota, where Governor Mark Dayton proposed a huge tax hike. Let the policy competition begin."

From Fox News:  "A Florida Republican congressman is welcoming to his home state Minnesota residents who migrate south to escape the Midwest's notoriously cold, harsh winters -- now that their governor is trying to impose a so-called snowbird tax on them. 'Dear Governor Mark Dayton,' Rep. Trey Radel wrote. '...  As a Floridian, I am overjoyed to hear about your plan to raise taxes on Minnesotans, most especially the so-called snowbirds. Your proposal gives us a chance to shine here in the Sunshine State.'"

In fact, I was personally approached by Florida Gov. Rick Scott during a meeting with my colleagues from around the country. He told me matter-of-factly, "I hope Governor Dayton's menu of tax increases passes."

A day doesn't pass that business owners don't share their alarm over the governor's measures. We hear your concerns loud and clear and are working full-time to underscore your priorities with policy-makers.

There is no substitute, however, for business owners and managers bringing your message directly to those who make the decisions that impact your daily operations. We make it easy on March 13 at our 20th annual Business Day at the Capitol. The governor will be on hand to address the luncheon and field questions; then we'll transport you to the Capitol for prearranged visits with your legislators. Scott Wine, chairman and CEO of Polaris Industries, will deliver the keynote address.

Please join us for what traditionally is the largest business lobbying day at the Capitol. A record-breaking attendance is more important than ever this year.

David Olson is president of the Minnesota Chamber of Commerce - www.mnchamber.com.

A New Design for Education

Please enjoy this video developed in part by ISD192 Farmington School District and Jay Haugen, Superintendent.  Give us your thoughts!

Click here to view the video.

Check out the Hot Deals section of the DCR Chamber website for new and exciting specials offered by fellow members. Want to add your own Hot Deal? Login to your "Members Only" section here.