How Do You see Opportunities?

Opportunities are life chances that we encounter daily. Opportunities have the ability to transform our lives or the lives of other people for good. Opportunity is often quoted as ‘being dressed in work cloths’ which means lots of people miss out on it because no one really sees work as an opportunity. Indeed opportunities stare at us daily in various forms and shapes if only we would look closely.

Opportunity is missed because we have the wrong mind set about certain situations and we are hoping that the opportunity that we seek after will come in a different way. We must deal with our mindset. We must be able to sense as well as see opportunities as they come our way.

As a business owner your business will expand and you will gain more clients when you are able to size an opportunity to be of service and share your expertise with the people who need what you have to offer.

Opportunity is often missed because we view it as a cost we cannot afford. This might be an opportunity to invest in a learning product or invest in a business that will increase your knowledge and thereby affect your ability to positively help other people. Before investing in a product based opportunity confirm what you will gain from your investment and envision how you will use the outcome of the opportunity to help more people succeed in their own business or life.

We often miss out on an opportunity because we weren’t looking out for an opportunity in the first place. Don’t let life happen to you be intentional and deliberately seek out opportunities in your daily activities. After all without the ability to use an opportunity to help more people and make more money you just might not be in business tomorrow.

Opportunity is an investment and not a cost that will reduce your bank balance. Make yourself attractive and opportunity will seek after you.

To your success
Pamela Evbota

Lottery or Steady Streams of Income?

It is the end of the month and it is time to take a critical look at your business bottom line. This is reality check time. It is at times like this I am, tempted to pray earnestly for a Jack pot in the lottery. But as they say ‘If you want to win the lottery you have got to buy the ticket first’. If you want to smile at the end of the month when you see your account statement you have got to do the work and plan the strategy for your business success.

The end of every month is critical in the life of any business. It is the time you smile and pat yourself for a productive month or when you tell yourself ‘we have got to try harder’.

In other parts of the world when people use their credit cards to shop, the bank takes responsibility for the payment while the owner of the credit card has a certain period to pay back. While in my neck of the woods when you offer a credit facility to a client in the form of deferred payment you are the banker and the merchant. You don’t get paid until your client pays up. It becomes your duty to keep track of such credit and call it in at the appointed date for payment. The major problem here is, no penalty is given if your debtor refuses to honour his word. You just hope and pray that he/she is able to pay without any drama.

In this situation your sales book may looks buoyant with sales figures running between 5-6 figures. Alas!! Your account has nothing to show for it. Credit facilities or deferred payment could run between 30 – 60 days and sometimes clients/customers on their own volition may extend it to a 90 day period without seeking your consent.

The question now becomes ‘Is it in the business owner’s best interest to offer credit facilities or not? This is a critical question. I wouldn’t advice anyone against offering credit facilities but, before you offer any one a credit facility, there must be some form of guarantee in place. A client being offered credit facility must be referred by an existing client so when there is a default, there is someone to mediate between both parties but, you cannot ask the person who referred the client to pay.
Secondly, don’t be quick to offer first time client with no referral a credit facility. Let there be a relationship in place before offering a credit facility.

This has become the style of doing business in recent times due to the economic down turn. Everyone wants credit facilities extended to them and if you are like any business person all we want is to make a sale and hope that our debtors will honour their words at the end of the month.

It is at times like this when debtors are not able to fulfil their promises and make the required payments that my heart cries out for a winning number in the lottery. We cannot all win the lottery (and not everyone wants to play the lottery either) but we sure can do with more cash paying clients who are willing to reward us for wonderful services rendered to them instantly.
How about you have you ever had any cause to wish for a lottery instead of your steady income? I would love to hear from you.

To Your Success
Pamela

Simple Tips to grow your Business

Below is an excerpt from a video interview done by Jennifer Haubein of www.website2grow.com

These business tips are simple yet so amazing and can help your business to grow to the next desired level.

The Ask Factor
How many people are you reaching out to on weekly bases not just to talk about what you do? Sometimes it is easy for us to share what we do, we share our ideas but are you giving people a call to action? Are you saying come to my telecast, have a complimentary section with me? A lot of people stop at the sharing part they don’t give a call to action.
A call to action is where you monetize your business and opportunities. Look at how you communicate with people are you implementing the ask factor. Every time you speak, meet people, network, make sure there is a call to action and you are asking people to work with you. — www.Helpmorepeople.com

Signature Speech
No Matter what your business is even if you don’t want to be a speaker, always have your signature speech ready to market your business at a moment’s notice. You never know when you will have the opportunity to be called to the front of the room to tell people what you do and what you are great at and how you can serve them. With this speech you can get clients, prospects and more cash flow just because you had your signature speech ready at a moment’s notice. —— www.signaturespeechsecret.com

Ethics in Business
Do the right thing, when you have ethics in business everything falls into place. Clearly communicate your believes and your morality so everybody will know you have a common starting place in communication and can help them the best way you can. – Laura Furumoto

What do you want out of your business?
What kind of income, lifestyle do you want? How many hours do you want to work? How much freedom do you want?
Combine all these into one big vision and make sure your day to day’s activities are supporting you in growing your business in a way its going to help you reach these goals. —- www.janeoutofthebox.com

Reprinted with permission from Jennifer Haubein of www.website2grow.com