Category Archives: Goals

5 Steps To Creating A Profitable Business

Do you know the 5 steps that every WILDLY successful companies have in common?

I’m not just speaking about six figure success.  I’m referring to companies that change the world and make a lasting impact.  The 5 steps are SO interconnected that you could have 2 or 3 in place, but if you don’t have them all working in harmony, you will only take your business so far!

Here are the 5 steps every successful business has in common…

  1. A clearly defined mission statement

  2. Vision statement

  3. Well thought out strategies

  4. Mapped out goals

  5. A plan to reach those goals

Once you are clear on what your God-given vision is, you can create a mission.

Once you are clear on these, then you can step into creating strategies for marketing, sales, closing, accounting, money, taxes & organization (not being organized, I mean organizational management—learning how to delegate).

Did you realize that every successful business has strategies for all of these things BEFORE they jump into business?

Let me say that again…they have strategies for marketing, sales, closing, accounting, money, taxes & organizational management.

They don’t just jump into a business selling a product or service without having a clear road map for success!

If you don’t have a road map for where you want to go, where will you end up?

That’s right, NOWHERE!

After they create this road map, they decide on long term and short term goals…10 years, 5 years, 3, 1, quarterly and monthly.

Then they create a massive action plan that lines up with their goals so that they can achieve them!

You know what we call this?

A business plan.

That’s right!

Have you ever heard someone say that business plans are outdated?  OH, I have and that is absolutely WRONG.

Now, some people make have a version of a business plan and they just don’t call it exactly that; however, a business plan gives you a complete road map so that you can have a profitable business rather than an expensive hobby!

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90% of Businesses fail because of THIS…

Statistics show that 90% of businesses fail because they do not have an accounting or money management plan. Most “business” owners do not even know if they are making a profit or what taxes they are liable for!

If you are a professional entrepreneur who has avoided putting these systems in place because of your lack of knowledge or fear, THEN the time is now to break free from procrastination & begin to master your business! Anything that we avoid or that is fear based always creates blocks. Negative energy spent wondering where your money is, how much you may owe in taxes or if you are even making a profit keeps you from moving forward & realizing your full potential in business. OR if you always file your taxes at the last minute or late, if you search for days or even weeks for records or if you do not know where your expenses & receipts are, you are wasting precious time knowing in the back of your mind you need to manage your money properly!

Take back your life & begin to create FREEDOM in your business by connecting with me TODAY for a free strategy session.

My Signature Programs are designed to empower entrepreneurs to create FREEDOM in their business so that they have more time with their families!

 

Blessings & Belief,

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You were made to create

“In the beginning God created the heavens and the earth” (Gen 1:1).

“The concept is interesting and well-formed, but in order to earn better than a ‘C,’ the idea must be feasible.”

Those were the words of a Yale University management professor in response to Fred Smith’s paper proposing reliable overnight delivery service. Smith went on to found Federal Express Corp. which is the number one overnight delivery service in the world with 260,000 employees. Founder, Fred Smith, is synonymous with the word “innovation.”

There have been many great innovators who have turned concepts into successful companies. Walt Disney said, “It’s kind of fun to do the impossible.”

God is the source of all creativity and innovation. He created the world in seven days. He has made you to create. If God has placed an idea in your heart to do, ask the Lord for His help in bringing it to reality. He desires to see His people create new things that can serve mankind and bring glory to God. Henry Ford once said, “Whether you think that you can, or that you can’t, you are usually right.”

Faith plays an important role when considering stepping out to launch a new endeavor. “Now faith is being sure of what we hope for and certain of what we do not see. This is what the ancients were commended for” (Heb 11:1-2).

Perhaps you’ve failed in the past and you’re afraid to step out again. Most successful entrepreneurs failed several times before they were successful. Don’t let fear of failure keep you from success.

You were made to create. You were made to succeed.

Goals

Success is a constantly varying idea held in the mind of each individual, and our personal goals regulate the success we plan to achieve.  If we set our goals for the highest possible achievements and follow a few basic steps, we are destined for success!!–Mary Kay Ash

I'm Snowe, The Money Oracle. My Signature Programs are designed to empower YOU to CREATE, MANAGE & MULTIPLY money so that you can take your business and life to the next level!

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