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	<title>Geared For Profit &#187; planning</title>
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	<link>http://gearedforprofit.bluepower.net.au</link>
	<description>gearing up your company for profit</description>
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		<title>The velocity of business</title>
		<link>http://gearedforprofit.bluepower.net.au/the-velocity-of-business/111</link>
		<comments>http://gearedforprofit.bluepower.net.au/the-velocity-of-business/111#comments</comments>
		<pubDate>Mon, 02 Feb 2009 04:06:18 +0000</pubDate>
		<dc:creator>Scott Farrell</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[Charles Kovess]]></category>
		<category><![CDATA[Donald Trump]]></category>
		<category><![CDATA[Michael Hewitt-Gleeson]]></category>
		<category><![CDATA[planning]]></category>
		<category><![CDATA[profit]]></category>
		<category><![CDATA[small business]]></category>
		<category><![CDATA[strategy]]></category>
		<category><![CDATA[velocity]]></category>

		<guid isPermaLink="false">http://gearedforprofit.bluepower.net.au/?p=111</guid>
		<description><![CDATA[You need to make profit, and plan for growth. But how quickly you can achieve profit is paramount.]]></description>
			<content:encoded><![CDATA[<p>Its important to not only achieve profit, its the time period in which you can achieve it in.</p>
<p>For small business &#8211; this doesn&#8217;t seem obvious at first.</p>
<p>You need to become successful and profitable NOW, not next year, and definately not &#8216;one-day&#8217;.</p>
<p>You need to make the hard decisions, make the big changes, and have your success now.</p>
<p>If you wait, and go slow, your life will dribble away, and your business will just be wasting your time.</p>
<p>So when you are planning &#8211; move the horizon to something closer, make it immediate.</p>
<p>A lot of this depends on the owner of the business to implement, and its the old &#8220;work in the business, versus working on the business&#8217;. I think you need 30%-60% of your time spent working &#8216;on the business&#8217; &#8211; being planning strategy, marketing, and working with partners etc.</p>
<p>If you are a public company, you have shareholders demanding profit this year, so generally there is a mandate to get things done. If you are privately owned, you can just wonder around, with little or no growth if you don&#8217;t get stuck into the changes now.</p>
<p>Google talks about <a href="http://googleenterprise.blogspot.com/2007/11/velocity-of-business.html">velocity of business</a>.</p>
<p style="padding-left: 30px;">If its worth doing, is worth planning,<br />
if its worth planning its worth doing,<br />
if its worth doing its worth doing NOW.</p>
<p>Bring those plans sooner and faster. Bring the profit NOW.</p>
<p>In order to achieve sooner and faster you need:<br />
- time &#8211; reorganise your time to work <em>on</em> the business (see above)<br />
- skills &#8211; for planning growth, marketing, branding, sales &#8211; perhaps outsource some of this<br />
- motivation / inspiration</p>
<p>If you need motivation / inspiration, read these :</p>
<p>Think Big &#8211; Donald Trump</p>
<p>Think 10x &#8211; Michael Hewitt-Gleeson</p>
<p>Be passionate &#8211; Charles Kovess</p>
<p>Two of these guys above I wrote about <a href="http://gearedforprofit.bluepower.net.au/ceo-institute-presentation-6">here</a></p>
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		<item>
		<title>Marketing activity = Danger Will Robinson !</title>
		<link>http://gearedforprofit.bluepower.net.au/danger-will-robinson/23</link>
		<comments>http://gearedforprofit.bluepower.net.au/danger-will-robinson/23#comments</comments>
		<pubDate>Sun, 25 Jan 2009 03:26:39 +0000</pubDate>
		<dc:creator>Scott Farrell</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[marketing]]></category>
		<category><![CDATA[planning]]></category>
		<category><![CDATA[strategy]]></category>
		<category><![CDATA[websites]]></category>

		<guid isPermaLink="false">http://gearedforprofit.bluepower.net.au/?p=23</guid>
		<description><![CDATA[Find out what are the warning signs you are wasting your time and money on marketing.
Executing marketing tactics without the strategy/branding/vision is a recipe for wasting money.]]></description>
			<content:encoded><![CDATA[<p>How to know when your company is in danger from poor marketing planning.</p>
<p>&#8220;we need a new website, we need a CRM. Our last 3 web sites didn&#8217;t work &#8211; we need a better one.&#8221;</p>
<p>If you are thinking about marketing tactics &#8211; then that is the mistake.</p>
<p>If you don&#8217;t have a bigger vision, and an understanding of <em>why</em> you are investing in each marketing tactic, then you WILL fail.</p>
<p>If you can&#8217;t clearly and distrinctly describe the aims of your website, the branding it needs to promote, what interactions you want to promote. Then your screwed.</p>
<p>You need to take a step make, and to some marketing strategy, as opposed to planning/investing in marketing tactics.</p>
<p>Lots of small business owners want to see action, and don&#8217;t value sitting around talking, and strategizing. The only problem, that&#8217;s exactly what you need to be doing.</p>
<p>Now I know these sound contrite &#8211; but here is a starter of documents you need to consider.</p>
<p>Mission Statement<br />
Vision Statement<br />
Benefit Statement<br />
Positioning Statement<br />
Value Proposition<br />
Unique Sales Proposition<br />
Strategic Differentiation Statement<br />
Brand<br />
Brand Promise<br />
Brand Identity</p>
<p>Now imagine you went to your web developer, or marketing planner, and said please read through these. We need your input on a new website that better supports our vision/brand/value to the market. We want to website to help us better interact with new prospects.</p>
<p>You and the website developer now have a shared understanding of what you are attempting to achieve. You can at least converse based on this understanding.</p>
<p>And when they do come up with website concepts, and ask you about the AI. All you have to do is judge it on how it meets your stated goals &#8211; not does it look cool.</p>
<p>So the next time someone is talking about redoing a website, or new brochures, or change the tele marketing tacticts. And the DONT give you some idea of the vision/branding/value &#8211; then DANGER WILL ROBINSON !</p>
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