Category Archives: Business Management

Create Your Own Economic Stimulus Package

Today, nothing plays a greater role in the success or failure of your company then execution. And if you are going to succeed in today’s ultra competitive climate, you’ve got to find the gap between what you want to achieve and your ability to deliver. Not simply tactics, but a system of getting things done through questioning, analysis and follow through.

Join me Monday, March 29th 9:30am as small business owners gather to plan their own economic stimulus package at the Mind Masters Second Quarter Planning Session. These are some of the things you’ll need to think about as you … Read More

Jumpstart Your Daily Time Management: Take Stock of Your Revenue Generating Activities

How do I plan my time? Was the question of the day at Mind Masters. I have always held that the focus needs to be on high priority, high payoff activity if goals are to be achieved. For the solopreneur that is sometimes hard to define. The key here is to know what the goal or end result is, the question then, is simply how do I get there? Planning and scheduling on a weekly basis has always been the easiest way for me to make the progress toward my goals. Over the years I have also heard that you … Read More

Key #3 Track Your Progress

Mind Masters Entrepreneur Association wanted to share a set of keys that when committed to and practiced consistently produce success in any economy.

Nothing is accomplished by setting objectives, resolutions, behaviors unless there is a system or program in place for regular review of progress. Just like any game, there must be a score card in order to determine the outcome.Read More

Build on Experiences and Accomplishments

As workers create the foundation for a new building site by laying out cinder blocks, they must first place cement between them before they can proceed to add others to build another level. At Mind Masters we encourage members to share their successes, achievements and things they learned in order to lay a foundation for their on going success. Jack Canfield says that “the more you acknowledge your past successes, the more confident you become in taking on and successfully accomplishing new ones”.

This is especially important now with so much chatter about the “bad economy” and businesses failing. If … Read More

Make Customers Your #1 Priority

To maintain on going relationships with clients/customers requires a consistent program that delivers value and meaningful actions. If you are not working at strengthening those relationships you are making it easier for your competitors to insert themselves into your market place. So what values (that require specific behaviors for them to be visible) and actions are you taking to facilitate a memorable customer service process?

We frequent the same restaurants and fast food establishments because we get what we want consistently. When they don’t deliver, we move on elsewhere. A few years ago my favorite coffee chain introduced a new … Read More

Customer Relationship Management

Over that last few weeks several articles and books have crossed my desk that deal with the relationships we develop with customers. Of all the ways to keep a business growing, increasing the frequency of interactions we have with clients is probably one of the most important. We would all love to boast a long list of loyal customers; when we increase the effectiveness of all of our business practices, the list increases.

To sustain profitability and customer loyalty, offering discounts or cutting prices may bring in new customers, but keeping them requires a different level of customer service. Good … Read More

How Do You Set Priorities?

As a business owner, it’s easy to get caught up in the bustle of day-to-day
business. In the drive to make sure you will reach your monthly financial
goal, it can be tempting to spend a significant portion of your time fighting
the myriad fires that crop up every day. Instead, take the time to step
back and set “laser-sharp” priorities to focus on what’s really
important – and keep yourself from spending time on what’s not.

When you have set goals for the business the priorities should be unmistakably
clear and specific, you know what to focus on and, … Read More

Avoid Undue Risk

Keeping up to date on legal matters is usually the last thing on the to do list of most small business owners; unless of course we need a lawyer fast. Last week I was invited to a Business Briefing by a friend and business attorney. He gave a brief overview of risk management. That sounded too corporate for the small business owners in the room, so we asked how risk management affects us?

Generally, Risk Management is the process of measuring, or assessing risk and then developing strategies to manage the risk. In general, the overview covered several areas … Read More

Welcome To Mind Masters

Turning dreams to reality as Small Business Owners Sharing Insights and Influence

Could you use some support to help you set, reach and add vision to your goals for growing your business? No great entrepreneurial enterprise was ever created in isolation. Surround yourself with smart business owners and you’re much more likely to succeed.

Mind Masters provides a value based program so that business owners harness the power of each members’ success, make wise business decisions and realize dreams. Visitors please check out our services.

Hear what our members have to say about Mind Masters!… Read More