Congratulations! You have successfully completed the 2010 Tour de Profit! You should feel good about staying in the race, maintaining your discipline, and spending the time to focus ON your business rather than IN your business.
Now, before we put a wrap on this year, I want you to do one last exercise. [...]
The final stages of the Tour de France is a very special time. The hard racing is over. The winners have been decided. All that remains is the ceremonial ride into Paris culminating with the final laps down the Champs Elysees. There is time to reminisce about the difficult stage rides [...]
Stage 49 of this year’s Tour de Profit is designed to take your race plan (otherwise known as your business plan) from a collection of great ideas and potential business-building strategies and convert it into a meaningful set of measures and metrics that you can use to track your progress and quantify your results. [...]
Congratulations to you on your efforts over these past two stages. Over the last two weeks you have gathered intelligence on your competition and reached out to your best customers to get their feedback on your opportunities for improvement. While it is difficult to determine absolute importance, these efforts on your part may [...]
In last week’s stage, we focused on your main competition. You did the research, collected intelligence on their product and service offerings, reviewed their websites, collected their flyers and spent the time building a SWOT analysis for each of your primary competitors. Good for you! This insight will be valuable as you [...]
It is hard to believe that we are already on Stage 46 of this year’s Tour de Profit! Only 6 weeks left to the finish line! But this is not the time to slow down or give up. Instead, this is the time to begin your planning for how you are going [...]
When was the last time you put some serious thought into what you would do after you sold or transferred your business to someone else? Seriously? I know that we all have those moments when we are so frustrated that all we want to do is get past what we are doing today. [...]
How do you position yourself to move away from the day-to-day details of your business? This may be one of the biggest single issues that face most business owners today. It is not uncommon to get trapped in the details of today’s business to the point where you cannot find the time or [...]
Exceptional leaders are constantly working harder on themselves than they are on their business! The success of any business is limited only by the thinking, knowledge and growth of the senior-most leaders on the team. What is the limiting factor in your business?
Welcome to Stage 40 of the 2010 Tour de Profit. [...]
I sincerely hope that you took me seriously last week and stepped out from your routine to do something unique and special with your team. You’ve worked hard to build a team that allows you to beat your competition, so it is the least you can do – show them how much you appreciate [...]
