Think Daily for Businesspeople Messages

May 29, 2015

What could go wrong?

Larry Janesky: Think Daily

About your business, ask – “If we keep going the way we are going, what could go wrong?”

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May 28, 2015

Does diversification show that I am good?

Larry Janesky: Think Daily

Some businesspeople wonder -”If I’m reasonably or somewhat successful in business A, should I start business B, and then business C – I’ll be two or three times as successful.”

But it hardly ever works that way.  Unless you have mastered business A, or have decided that you will get out of business A, starting business B is usually not a good idea.  If you are like many business owners I see, they have twice the problems and less or no profit by being mediocre at two or three things instead of master of one.

Are you master of at least one?

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May 27, 2015

Do you have enough salespeople?

Larry Janesky: Think Daily

And – are they getting the results you want and know is possible?

Do you have the products, offers, sales tools and training for them to get those results?

What are you doing about it?

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May 26, 2015

If you had to start over…

Larry Janesky: Think Daily

If you had to start over and build your business the way you now know it should be, how would you do it?

“Start over” today.

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May 22, 2015

How about those goals?

Larry Janesky: Think Daily

In January you set some goals.  It’s mid May now.  How are you doing against those goals?  What course corrections do you have to make to create the results you want?

What adjustments will you make today?

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May 21, 2015

Friction or Momentum

Larry Janesky: Think Daily

You have only so much energy in a day.  

Will you waste it in friction or use it to create momentum towards your goals?

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May 20, 2015

Leadership is influence

Larry Janesky: Think Daily

In order to get influence, you must add value to other people.

How do you add value to those you lead?

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May 19, 2015

Doers

Larry Janesky: Think Daily

As businesspeople, we are doers, delivery agents, risk takers, change makers, influencers, and architects of the community.

We have more power to make positive change than most anyone around us.  

We have responsibility, yes; but we have power.  Make it count.

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May 18, 2015

Failures – Poison or Fuel?

Larry Janesky: Think Daily

Your failures can destroy you or drive you.  

Everyone makes mistakes.  It’s how we REALLY learn.  

Will you let your failures destroy you, or drive you?

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May 15, 2015

Wage growth comes from…

Larry Janesky: Think Daily

Say I am paying a team of guys to dig a giant ditch with shovels.  They can only move so much earth a day with shovels, so I can only pay them $5 an hour.  The only way I can pay them more is if they become more productive.  This will involve an investment on my part – in capital equipment – in this case an excavator.  If I invested $150,000 in an excavator, I can pay the operator $25 an hour.  Some jobs will go away (shovel operators) and others will be created – in manufacturing, servicing, selling and marketing the excavators.

Wage growth comes from productivity gains.  Productivity gains comes from capital investment (facilities, software, machinery, etc.)  But business owners will only make capital investments if they feel safe about the future, feel the risk is worth a potential reward and profits will not be taken away by excessive taxation, and if they have access to financing in stable financial markets.

If we don’t have a safe environment for businesspeople and entrepreneurs, we don’t have capital investments, innovation or wage growth for workers.  

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