Sunday, February 28, 2010

Commitment

As I watch the closing ceremony of the Olympics, one word comes to mind and that word is commitment. In athletics as is business I believe it is the key to success. Millions participate in sports and business but only the truly committed succeed. Too many of us will try and quit because we do not commit to finish the race. The other key thing that I notice is they all have family and friends that believe in their mission to succeed. Many people will quit because of a defeat early in their career because there is not someone to pick them up and dust them off and put them back on the horse. You also need a team of people around you to take care of the details so you can focus on what your good at. It starts with a good coach to help you hone your skills and build a team of people around to help you win. If your business or sport is a hobby to earn extra income or for recreation that is great. If your business or sport is your livelihood don’t treat it like a hobby, If you have a dream, get committed, find a coach, build a team, listen to those who support your mission and forget anyone that says you can’t.

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Wednesday, February 24, 2010

Test - Measure -Adjust

Most business fail because they don't have systems to test and measure their performance and make adjustments. If you watch the Olympics to will see all of the competitors have a few things in common. They all have a coach, they all have systems and they measure and adjust to improve their performance. Are you doing the same in your business? We have a tool to do exactly that called a SWOT Analysis.

SWOT
Strength - Weakness- Opportunity -Threat
A SWOT Business Analysis is a tool to help you determine your Strengths Weaknesses Opportunities and Threats
Our SWOT Business Analysis consists of 150 questions in 10 categories
Mission & Code of Honor
Leadership & Training
Accounting & Cash Flow
Technology- Systems- Communication
Legal
ProductMarketing
SalesCustomer Service & Quality
Bottom Line
Learn more @
www.thompsonassetmanagement.com