Category Archives: Business Management

Do the Math and Grow

| February 25, 2020

Many times, over the years in our Mind Masters Group meetings, the question is always asked, how much should be spent on marketing and advertising.  Some businesses start on a shoestring and grow rapidly.  Others take hundreds even thousands of dollars and go at a snail’s pace.  While I have never heard a hard and fast answer to how much you should spend, you need a strategy that will produce results for you.

The key here is not how much you spend, but that you consistently reinvest money in your business.  Determine how much you can afford, is it $100 … Read More

Share the Love: Leverage for Business Growth

| January 28, 2020

Everyone’s revved up for business success in 2020.

You’re excited too, for sure, but also a bit nervous.

The world of entrepreneurship is now super competitive.

You see, it’s easier than ever to start a business. Overcrowding!

Millions of entrepreneurs are hawking goods and services across all platforms. So, it’s harder to get noticed. That puts you in a tight spot.

Make people interested in what you do.

The market is only going to become more fiercely competitive in 2020 and beyond. There is something, though, you can do to stand out, attract attention and get real results for your … Read More

Your End of the Year Checkup!

| October 29, 2019

Over the years as we go about this last quarter I have recognized the importance of focusing Mind Masters members on the topic of managing what’s behind the scene, the financial status of the business. We started our businesses because we wanted more personal freedom and possessed valuable knowledge and skills in a specific industry or profession. However, many of us didn’t start with a clear picture of the business we were going to create. Instead, we went out and did what we were good at and the business was built around us.

The question I like to pose is … Read More

The Power of Business and Self Mastery

| September 24, 2019

As I listened to a talk last week the word Mastery captured my attention. As business owners we know that strategy is vital for success.  It charts the course and sets the direction.  But, we also know that so often our goals never take off because they are drowned by all of the other competing interests.

To build a solid reputation with yourself and others, to earn more money, and to ensure business success requires the enforcement and mastery of self-discipline, self-control and self-awareness.

Create that power with these ideas:

  1. Mastery takes focus and how you approach your work is
… Read More

Stay Top of Mind

| August 27, 2019

As a growing business owner are you getting caught in the hyper competitive market environment? When you work alone it is often difficult to fulfill all the roles you have to play. So how do you stay competitive? At Mind Masters I often harp on the importance of staying focused to the high priority, high payoff areas of the business, but when you are doing it all, everything seems “high priority”. But being in business means staying connected to the people who do business with you as well as the people who refer business to you.

To stand out in … Read More

Loss of Control with Independent Contractors

| July 30, 2019

Having just spent time in a meeting with a not for profit where the financial person introduced her concerns over the number of Independent Contractors the organization seems to be paying, I remembered what C.J. Westrick spoke to a group of our Veteran Entrepreneurs about this subject and thought I needed to bring it to your attention. Her HR expertise is worth reviewing whether you are an I/C or the company hiring them.

If you want a follow up on the ABC Test for I/C, email me and I will send you her other article (barbara@mindmasters.com).

Is your Contractor Really … Read More

It’s Time to Poke Yourself!

| June 25, 2019

The second half of the year has arrived! Are you at the mid-point for your 2019 Goals and Objectives? Or are you finding all the drive that brought the initial motivation and excitement has melted away, the steam has run out, the place you are in is comfortable and the dream world has slipped out from under?

Perhaps the goals you set were so big you feel beat up in the process to achieve them. Or you have achieved that big goal and don’t know where to go from here. Having worked with small business owners over the years, these … Read More

Reframe Your Mindset

| March 26, 2019

As we approach the end of another Quarter it is a great time to assess not just the sales you have made or the clients/customers you have acquired but rather knowing yourself. Want to know the secret for having a big business breakthrough this year?

Most people think it’s all about marketing strategies and sales techniques. The #1 most important thing for growing your business and attracting your ideal clients is YOU!

Your energy. Your style. Who you are and how you show up. Some people call it mindset, but mindset of what? As business owners we all need to … Read More

Play a BIGGER Game!

| February 27, 2018

As I have intermittently watched some of the Olympic competitions I ask myself what fuels the human desire to get someone through all the perspiration necessary to overcome the inevitable obstacles along the way. I believe each of those athletes had to move from hoping to knowing they had what it takes to compete on the Olympic stage.

Last month in my newsletter I focused on commitment to goals, and gave some principles necessary to exert the inexorable power on your outcomes. What I have asked my Mind Masters members to do was to consider generating 10X times their revenue … Read More

Commitment Counts!

| January 30, 2018

Commitment is the Mind Masters theme for this year.  This can be the year of your dreams, the year of great accomplishment, the year you realize and utilize your untapped potential; the year you achieve long sought after goals in all areas of your life. This year will be exciting and rewarding only if you make it so.  You ask how can I determine to make it such a year?  The year will hold accomplishment, realization and achievement only if you commit to making it happen; only if you enter and live each day with the commitment to your goals.… Read More