The Alternative Board (TAB), the world's largest franchise provider of peer advisory boards and business coaching services, released the results of its quarterly, third-party Small Business Pulse Survey today - and the results are surprising. Although 76% of respondents say they believe having a written strategic plan increases overall business performance, 91% don’t have what they consider to be an “excellent” plan. In fact, 22% have no written strategic plan at all. While the majority of business owners are expecting the economy to improve, they admit they’re not in the best position to capitalize on it.
But, maybe not everyone on the market achieves home business success. There are a lot of people who are getting good earnings and are doing perfectly, but there are more people who are failing. Exactly why is this?
Judy Mackenzie's insight:
I do believe small business is the backbone to the US and Canadian economies. Don't rule us out.
Last weekend was eye opening. I had been invited to attend an Entrepreneurial Seminar and even though I didn’t think I had the time to spend all day Saturday and Sunday, I went anyway. I needed to get out of the house.
The leader of the seminar was only 29 years old and I thought, “What’s a kid going to teach me?” Well it turned out, he taught me a lot and that seminar has prompted me to re-access my business plan.
Excellent summary by Richard MacManus, the founder of ReadWriteWeb, on some of the recent shifts that affect Web Publishing. He lists 5 reasons but I would add a 6th (which actually reconciles his 1 and 4): the shift of value from Creation to Curation.
As he points out, we're moving to more casual forms of publishing and at the same time are hungry for quality. As more and more people embrace curation as a form of expression, they're exactly doing that, using their own particular expertise to identify relevant quality content and publishing more easily than through writing a long blog post.
Starting a business is exhilarating. Unfortunately, the build it and they will come theory doesn’t hold much weight and those overnight success stories you hear about are often the result of behind the scenes years of hard work.
Grow Your Practice, the Easy Way: Automate Your Marketing with a CRM. ... This means a whopping 80% of your prospects need to hear from you upwards of 5-6 (or MORE) times to invest in your services!
Via Robert Craven
Bacteria are generally free-floating critters, but they can bind together to create biofilms communities, making their homes in metal pipes and teeth cavities, and they are generally unwelcome visitors where they lurk.
The micro-entrepreneurship economy--an economy that allows people to make money off their skills and assets--is rapidly growing, led by an army of freelancers and fully employed workers who want to make extra cash on the side.
Via Anthony M Turner