In my globe trotting travels I've had the privilege of meeting some truly amazing people. Megan Tobin is one of them. Our paths first crossed when I was living in Mexico and she was our "big wig" New York Business Consultant. These days Megan runs her own successful business consultancy and coaching company, and there have been many times when her straight talking advice has really made me sit up and pay attention. Here are Megan's "5 Business Success Planning Tips" to help you move you forward - fast:
1. Get clear on your purpose and products, and pace yourself – Understand and be able to convey why you are in business, your vision and mission. Identify and plan competitive products/services to sell today and tomorrow. And, pace yourself. This is not an overnight trip, so outline your milestones.
2. Write it all down – Document everything along your business journey! With good documentation, you will be surprised how much of the work will already be done when you need to share information for marketing, sales, financing, staffing or other business requirements.
3. Validate your plan, share it and always be open to revising it – Share your findings and action results with “independent parties”. Listen carefully to their reactions and recommendations. Be open to making revisions that will help you to be successful.
4. Get help to develop and maintain your success plan to meet milestone commitments, and adjust your course as necessary – Working with a business consultant or coach can help you stay on track to meet your mark!
5. Do the math – Think through (and document) the financial requirements for your business in the near, medium and long-term.
Use these tips to make your entrepreneurial journey more successful and rewarding! You can find out more about Megan at Time2Market where you can sign up for her newsletter and learn more about business planning. Plus, to read Megan's complete article on "5 Business Success Planning Tips" click here.
Comments