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Owner’s Rule #1: 40,000 Foot Level Point of View

June 28, 2013 By Jan Triplett Leave a Comment

Can you take the 40K Owner's point of view with your business? Photo credit: NASA.gov

Can you take the 40K Owner’s point of view with your business? Photo credit: NASA.gov

The Owner’s Point of  View

The “40,000 Foot Owners View” symbolizes the number one rule for owners who want to be successful: stay at the 40,000 foot level for planning and making decisions instead of getting bogged down in the day-to-day weeds of running and managing the business. This is especially important when using networking to grow a business. It’s a critical skill owners must have in order to survive the challenges and take advantage of opportunities. [Read more…]

Filed Under: Growth Readiness Tagged With: 40K foot view, Decision-Making Planning, Networking, Owners Viewpoint, Ramping Up a Business, Scaling a Business

The True Value of 1st Quarter Financials

March 29, 2013 By Daniel Diener Leave a Comment

Evaluate your 1st quarter financials to get higher profitability going forward. Image by Photosteve101 from flickr.com.

Evaluate your 1st quarter financials to get higher profitability going forward. Image by Photosteve101 from flickr.com.

The true value of 1st quarter financials goes way beyond just the raw numbers. Because of that, your monthly close out is more important and there are do’s and don’ts that are unique to this quarter.

Completing the prioritized tasks gives the owner or manager a perfect opportunity to refine their vision for the year. Using the resulting information can make the last three quarters more productive and more profitable. This will keep you out of the weeds and create the 40,000 foot owner/investor perspective you need to make a better future. [Read more…]

Filed Under: Growth Readiness Tagged With: 1st Quarter Financials, 40, 40K foot view, business challenges, Closing Out Books, Cost Accounting, Financial Projections, Journyx, Profitability, True Value

How can you have a breakthrough in business every day?

October 1, 2010 By Jan Triplett 2 Comments

Breakthroughs call for fireworks. Photo from Flickr.com by Beverly & Pack.

Breakthroughs call for fireworks. Photo from Flickr.com by Beverly & Pack.c

There’s nothing better than to have a “Eureka” moment when you own a business. You struggle and come at the problem from different angles and all of a sudden there’s a “flash” and a “pop” and it all fits nicely in place.

When this happens to you, do you:

  1. Breathe a sigh of relief?
  2. Jump for joy?
  3. Clap your hands?
  4. Slap the back of the nearest “ole fella” whether you know them or not, whether they have played any part in this or not?
  5. Just go back to slugging it out on the next problem?

I hope you do 1-4 because breakthroughs, no matter how small, deserve a “hurrah”. [Read more…]

Filed Under: Growth Readiness Tagged With: 40K foot view, Break through thinking, Business Management, Celebrate Breakthroughs, Confidence, Encouragement, Precision Thinking, Problem Solving, Research on innovation, Small Business Owners, success, Versatility

Adequate Government Brings Neighbors & Businesses Together

July 31, 2010 By Jan Triplett 2 Comments

There must be a better way to bring neighbors and businesses together. And, I went tonight to see if I could find someone to lead the way and what an adequate government could do.

Former Houston Mayor Bill White is running for TX Governor.

Former Houston Mayor Bill White is running for TX Governor.

I was invited by Bijoy Goswami of Bootstrap Austin to attend an event sponsored by the Entrepreneurs’ Organization (EO) in Austin that was billed as an “Intimate Conversation with Bill White”. Bill White, former mayor of Houston, is running against Rick Perry for Texas Governor this fall. It turns out that White is an honorary EO member.

It was intimate as promised. I was about two feet away from the man who started by saying that he was pleased to be here for this “job interview” which brought some chuckles. In his prepared remarks, he said if he were “hired”, he would run the state like a customer-centered business. He would focus on what people want, not what the state wanted to “sell”. Sounds pretty good.

When Q&A time came, I asked Mayor White a question about how he viewed the state’s role in something that is near and dear to my heart: the role of government especially in hard economic times when there are tough decisions to be made. [Read more…]

Filed Under: Small Business Advocacy Tagged With: 40K foot view, ADA, Allandale Neighborhood Association, Americans with Disabilities Act, Austin, Austin-bashing, Bijoy Goswami, Bootstrap Austin, business recruitment, Business Retention, Economic Development, Entrepreneurs' Organization, Faciiitator, George W. Bush, Governor Ann Richards, Governor Rick Perry, Governor's Business Leaders Network, Governor's Office on People with Disabilties, governor's race, Governor's race in Texas, Mayor Bill White, Mediator, ombudsman, Property Rights, Responsible Growth for Northcross, role of government, small business, small business activist, Texas, Virginia Roberts, Voting

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Upcoming Events

EVENTS

BSC's Global Success Forum™ RSVP & Info
Direct Link or dial in: United States: +1 (312) 757-3121
Access Code: 685-053-101

(Forums are held on the 1st Thursday of the month, 11am Central with a focus session led by a mentor expert in that issue and lots of time for other attendees to talk about their business, comment, and share their expertise.)

• Nov. 3 BSC Success Forum, 11am Central. Mentor Bill Combes, owner of No Time for Social, shares his most favorite and least favorite business tech solutions BY NAME. We've been waiting for this!
• Dec. 1 BSC's Annual Blow Your Own Horn event, 11am Central. Great Attendee PR opportunity. Tell us about your business, your expertise, your successes!
• Jan. 5, 2023: BSC Quarterly Lean™ Success Forum, 11am Central:
You suggest and choose the business topics. Dave Nave, Dave Nave & Associates, and Jan Triplett, CEO, BSC lead the open discussion with ideas, feedback, and examples from all attendees and make connections.
Bring your topics or send them to Dave in advance to dave@davenave.com.
............
BSC Wisdom Webinar & Work Sessions Coming up

3rd Thursday monthly except November and December, 11-Noon Central.

This is always a mentoring and work session with input from attendees. RSVP to get the recording and transcript even if you don't attend.

Webinar and Work session leader: Jan Triplett, Ph.D., CBTAC, and CEO of BSC, author, entrepreneur, advocate, speaker, and inventor.

The purpose of each BSC Wisdom webinar and practical work session is to focus on shared experiences and expertise. Walk away with ideas and connections.

• Nov. 10, What to do after the close 11am Central. The close is not the end of the deal; it's the beginning. What can you do to ensure that everyone starts out and stays excited about your product or service? How can you get your next client before you start with this one? Just a few of the ideas we'll toss around.
RSVP

No December Wisdom Webinar. In January we begin our special great business operations series, Success Management Guide.

Be sure to check out our five blogs with posts to help you grow!
• Business Improvement
• Business Tools
• Growth Readiness
• Networking
• Small Business Advocacy

And our free resources and business owner success assessments.

 

ALERT!

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