How Strategies Can Cause You to Lose Everything!

by Michelle Hill-Smith
www.OnTaskAssistants.com

Yes. You heard me clearly. Strategies can actually cause you to lose everything you've worked so hard to build. But, they can also cause you to find gold at the end of the rainbow. How is that possible you ask? 

A simple theory deserves a simple answer. 

When devising a plan that includes a number of steps in order to achieve something it requires transitions and executions that are clear, concise and logical. Not clearly estimating your next move, taking the wrong step or heading in the wrong direction on a path that has been drawn out and successfully proven can either alter your route or completely wipe it out.



That path is your strategy.

At this point in both my personal and business life, I am making a few major changes that will affect the way I live and the way I do business.

That's actually pretty life changing, considering everything that I do now is centered around those two elements. One of the strategies I've taken on (which I must say is pretty drastic) is to pay off any lingering debt in a very small amount of time. Now, some of you may say, if funds aren't sufficient enough to even make ends meet on time, how is it even possible to do a speedy debt-erase?

I'm not crazy. I thought about the same thing. However, I also considered the track I've been on for the past 2 months which is pretty good. My bills are caught up and my funds are steady. So, I began thinking of a fool proof way to make a hefty purchase for some software that will help my business in so many wonderful ways.

I begin thinking about the strategy I'll use to get my purchase without ruining my life or my business. The scary thought and realistic factor is that I'm not certain how long my funds will be steady. In these last couple of months there were sooooo many things arising in our family life that required large amounts of money each time to take care of them. However, by the grace of God we were able to bounce back and get on track.

Having confidence in your own strategy.

Many of you know that I work with aspiring entrepreneurs and small business owners day in and day out. Therefore, I get to hear a lot of success and failure stories. Often times, I hear more failure stories than success stories. The success stories are pretty simple. Straight to the point. The ones that have them, are your typical, high level of patience king or queen. They are very detail oriented and gravely afraid of errors.

Now, the stories of failure are always coming from those that followed the wrong person, created an entrance or exit strategy with no backbone or guts or they just failed to create one all together. 

Obviously, that's a definite road to failure. But, what about those that actually spend countless hours trying to figure out the best way to go about something only to end up losing it all anyway...after the fact?

How is it possible to have a bad strategy? Simple. A bad strategy is one that is filled with reality and delusion. You can't have the two. Sometimes, we want something so bad, we're willing to allow our minds to become filled with possibilities instead of realities. It causes a shift on our routes to our goals that actually begin to look doable. This means that we think about something so much until we start to see it and eventually believe it can be done.

What a setup! Plans have to have room for error and obstacles. However, just like the steps you'd take to achieve your goals need to make sense, the errors and obstacles you may possibly encounter need to do the same. For instance, if I'm walking on a tight rope right above a puddle of muddy water, 2 miles away from an ocean. I shouldn't expect to fall in the ocean if it's 2 miles away. Unless I'm flying. I think you get my point.

You see, even though we may follow a strategy and get what we want with success, it doesn't guarantee a complete dodging of the possible consequences that may come after. That's the game you play when you have to make decisions. This is why it's important to create strategies that make sense.

There were exactly 3 strategies I conjured up in hopes of one of them being the smarter and most beneficial route to my new purchase.

STRATEGY 1:  Put away a medium amount of money a week which will lead to being able to purchase my software faster. 
POSSIBLE DOWNFALL: I would have to have a tight 2 weeks of not spending extra funds due to the 1st of the month being near the time I would be able to make the purchase.

STRATEGY 2: Make the purchase right out by using a lump sum of funds.
POSSIBLE DOWNFALL: Depletion of extra funds causing no funds for the week and week's end.


STRATEGY 3: Put away small amounts of money until I am able to make my purchase 3 months from now.
POSSIBLE DOWNFALL: Temptation to periodically use the funds for something else resulting in having to start over each time. This will lead to a high possibility in me giving up all together.

By now, I'm sure you've figured out that having a strategy, will not cause you to lose everything. Or will it? It's really a catch 22. Outlining a strategy is one of the most perfect ways to meet a gratifying end. But, I will warn you that though gratifying, consequences are almost always there to greet you at the end if desperation had its hand in it.

What do you think? How would you handle this situation? Share your experiences and thoughts. Maybe it will help me make the right decision. ;)

Mission vs. Vision: Have you created your vision?

by Michelle Hill-Smith
www.OnTaskAssistants.com

Good Morning, Great Morning! TODAY IS FAMOUS FRIDAY and I'm excited about new things for my business today in preparation for the upcoming week. New clients, new structures and programs, new equipment and new vision! It took me 3 years to learn that if we are unable to move forward with our visions for our businesses, we remain stuck. If we can't remain excited about our business, then it's possible that the mission has been deterred.

Phase two of this trauma is that we become afraid of change which makes it more difficult to earn more and grow. Many people are afraid of the unknown which literally drives them to failure.

I dare you to get excited again! Refresh your organization. Recharge your mind and heart, start building a success team and MOVE FORWARD TOWARDS SUCCESS!

So, here's the punchline: If you have a mission statement for your business without a vision statement, it shows that the direction and growth of your business has not yet been developed or completely thought out. They are created to clearly and concisely convey the direction of your business.

Your vision needs to include your business' embrace of the advancement of technology in the 21st century, the rise of social media and your adaptation to working virtually for the betterment of the earth and productivity of your business. 

For example, the vision at our company (in short) is to simply support clients on a national level and become the number one, highly preferred company (a household name) to provide operational support and consultation to entrepreneurs and businesses on every level. Phase two of our vision is to be able to provide a strong work-from-home platform as well as nationwide locations that will allow people to provide their skills and talents in assisting other businesses with their operations, growth and success.

Think of it this way: Your vision statement is for the future. Your mission statement is for the "now" and helps to define your company's purpose and primary objectives. Your vision statement also defines the purpose, but the purpose is now outlining the future of your company. Ask yourself where do you want to see it in 5, 10, 50 years down the line.

Here is a really cool article I found to help you in preparing both: HERE

It's really important to be able to go back and revisit these components for your business every now and then. They allow you to determine if you're following your master plan. It's your blueprint to guide you in following through and accomplishing what you set for the vision of your company.

A Sure Way to Stand Out on the Red Carpet

by Michelle Hill-Smith
www.OnTaskAssistants.com

So, I've always prided myself on being an individual. That's it. Very simple. That's my punch line. I've never been one to purchase the most obvious buy in the mall. I would rather look at the other pieces of clothing and mix and match. A dreadful day it was, back in college...I got all dressed and really casual yet cute looking. Walked downstairs to the college event and someone else had on the same exact outfit as I did. In complete horror, I ran back upstairs and changed. I thought to myself, "Now how in the world did she find that shirt?". Needless to say, everyone was making comments on the fact that we were wearing the same thing. Even though the shirt was really unique and unlike anything the average person would wear, we both had it on. AWKWARD!!! The other girl thought it was actually a cute coincidence and didn't seem to mind. NOT!!!

I am apart of an industry that house over 10,000 people providing practically the same business model to make a living from. Even though I started out with the same exact business model, something in my gut did not allow me to stay there. I would always imagine my business right there, smack dab in the middle of 10,000 firms just like mine on the strip of the red carpet. They all had the same basic branding, services offered and operational structure. They all charged the same amount, used the same tools and were apart of the same social groups. Can you imagine trying to be seen or even standout in that atmosphere?  Well, I couldn't imagine it for the life of me. For one, I hate competition. Now, don't get me wrong, I hate it, however, I welcome it. I have a quiet confidence in what I have to offer and bring to the table. When I started in this industry, I took my time to learn and enhance upon my skills. I looked at what others were doing and what they weren't willing to do and went from there.

Three years later, I've developed an existence, that gives my business a halo of light each time we walk down the red carpet. My business stands out and I'm proud of that. Not only does it stand out, I make sure we follow through with our image from the first sight, to the actual contact, on through to the beginning and ending of a client's relationship with us. Remembrance, is more important to me than anything else. Is our focus only on trying to get new clients? No, it's actually not. I would rather my company be known for sharing and community.  This is our secret. This is how we draw our clients.

How are you making strides to stand out from the crowd on the red carpet of business recognition? This has worked for me and of course, you are not required to follow my method, however, it's something that's proven over and over again by entrepreneurs and small businesses that I coach.

BRAND YOUR BUSINESS BRILLIANT

The one thing I realized that needed to be consistent was our brand’s color palette (most importantly), the name and the symbols or icons. Remember, a good business name will establish marketing recall and build early equity. Try these strong points: 1) Speak to your target market;  2) Describe what you do;  3) Keep it simple;  4) Don’t use trendy names.  After these types of fads run their course, you will be left with a stale and outdated name, and that’s probably what most people will think of your business too.

SPEAK VOLUMES

When you walk into a room (FaceBook, Twitter, a Community Event, wherever)  you want to say something or post something that will make people want to know who you are. Make your presence known. Introduce yourself and what you do to help people. Get in on the social scene, whether it's online groups or offline events. Prepare your Elevator Speech and alter it according to where you are and who you're talking to. Make sure you start off as the listener in the first half of the conversation. How else are you going to know how to offer the right services or products to your listening ears. Always display and offer your expertise humbly and with authenticity.

BECOME THE ODD BALL 

If everyone else in your industry is doing "this", then, you should be the only one doing "that". Often times, the way I do business isn't understood by many of my peers. They don't understand how we can be in the same industry, offering the same services but my business is more favored over theirs. Hmmm...let's see. I've simply taken something and enhanced it to suit what business owners really need. I've taken the norm and altered it to provide more of a benefit to those that seek my help. I listen to the needs of the "individual", what they really prefer and what they're hoping for. I offer them my exact service and situation that would suit them better. Instead of telling them that "this is the way we do business...it's my way or the highway", I help them to realize the benefits of what we have to offer and how it's going to help them better. I provide them with examples and case studies to give them a clear vision of what to expect. 

So, as you can see, standing out isn't so bad. When you're different from the rest, it makes people want to know who you are. With strong standards, creativity, a little flexibility, an essence of community and passion for what we do, I've managed to turn my company into a red carpet winner. Humbly, genuinely and authentically! For me, I'm just having fun helping others follow through on their dreams. You can do the same for your business as well. Take a chance and research others in your industry, get modernized and redesign your company to stand on its own, apart from the others. It will really pay off in the end.

Spring Sprucing: Why it's critical to your success!

by Michelle Hill-Smith
www.OnTaskAssistants.com 

In the place where you live, there's most likely a dyer need to clean something somewhere. The window seals, cabinets, carpet, furniture...the need is always there and the cycle never stops. More commonly, in the spring time, people often have the realization that there are boxes whose contents need sorting and discarding. Furniture would benefit more from being shifted or completely moved in another area of the room. After all, your comfort and sanity depends on it. The weather is wonderful, your mind is clear and you realize that it's critical to perform your house sprucing now instead of later. That's what I like to call "Spring Nesting". It's simply spring cleaning. For some odd reason, at this time of the year, it's feels better to do. Just as an expecting mother begins "nesting" her home for the arrival of her new child. She begins cleaning and putting things in order, despite the pain and agony she may be experiencing. For her, it's an automatic, internally programmed activity that will be done. No one can tell her that those activities, in her state, shouldn't be done.

Every now and then, I like to do Spring Sprucing on my business. Just as my home, my business has a lot of rooms, areas and boxes that need to be taken care of and brought up to date. How many times have you been in total business ready and inspiration mode and received one of those emails from a Forum or online community that you forgot you were a member of? The email seems interesting so you click on it. One of two things happen when you get to that account. 1) You can't log in as you forgot the email address you used to create the account. 2) You log in to the account and view your profile to find that it looks like 3 years prior when your contact information or branding was totally different. Sounds familiar? I know that it does for me. I was the prime culprit of keeping a dirty business home year round. If you look up the word "Non-Spring Sprucer" in the dictionary, my picture would be right next to it.

In my organization, we've changed our logo and contact number over 5 times. Within that time, we've joined tons of online forums, business communities, created several online profiles and written several articles and blog posts to represent our business and expertise. Yes, it is a wonderful idea to extend your business across the globe, however there is one thing wrong with this type of scenario. That's right, you guessed it. Congruency and Consistency. Just as with cleaning your home, things just work better when the area allows room for ease of movement, reach and familiarity.

If your business' home isn't cleaned and spruced up frequently, it makes it difficult to function and represent a professional existence. Here are some things I recommend doing to begin your spring sprucing:

A) Create a Google Account to provide congruency. There are a host of business apps you can use that will all work under that same account. Starting with your email address, it should be of your business' name so that it's never forgotten. This doesn't mean that you can't use the email that's linked to your website. Just link the two together so that you won't miss the emails from that account.

B) Set up a local Google Voice number for your business. This will allow you to always have a number where you can be reached either by text, email or voice. You can set up your voicemail for your business to always answer when you're not available or when you're closed for the day. It's Free and will always be there when you lose your paid phone accounts for whatever reason. There's a misconception that a small business should have an 800 number. Within your first 3 years of business chances are you'll experience slow to no activity so, having additional (besides your cell or landline) paid phone accounts specifically for this will result in a major lost of money that can be better used elsewhere in your business.

C) Go into your Online Profiles and update your contact information, branding, and update your status. Even if you're not using them on a regular basis, it's always best to make sure their up to date and appear active. You never know where your new prospects are going to be. Make sure they can always see you as a business that's still active and still in business.

D) Update your Forms, Website and Marketing Accounts/Platforms. It's going to hurt you more when you're spending countless hours trying to update your business documents before sending anything out to your new prospect. This includes your signature on your emails, brochures, regularly used flyers, business cards and e-mail marketing platforms as well. Be sure to go through them all and provide them a set structure that includes your business name, logo, contact number, email, tagline and social media links.

E) Prepare a binder with all your updated information, services and programs. Call it your Service Guide and put the year of use on the front of it. This is my secret to success. Having this in place will honestly serve as the difference between success and failure for you. I can not stress enough how important it is. If you have information in place that allows you to properly, thoroughly and quickly service your prospects, you will show consistency and orginazation which is what 90% of new clients and customers are looking for.

In short, finding ways to keep your activities for your business at a minimum is ideal. This allows you to spend more time on servicing your customers and finding new prospects. Begin by thinking of all the rooms and areas your business is in (whether online or off). Start Sprucing and don't be afraid to make your small humble changes. If you've accumulated an email list of prospects, don't forget to update them as well on your company's changes. This way, you won't feel so afraid and nervous about your sprucing and the small changes. Think longevity.