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How to Succeed as a Small
Business Owner ... |
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IT'S A BEST-SELLER! #1 "Work/Life Balance" Book on Amazon.com on 11/17/07! |
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Many people ask me, when they see the title of my book, "Is it really possible to succeed as a business owner and still have a life?" My answer, after almost 20 years of business ownership: Yes! Many business owners are contentedly earning high incomes and building real, long-term wealth without working a zillion hours. All the while, they're enjoying fulfilling personal and family lives - being with the important people in their lives, coming and going as they please, and doing the things they like to do. You can do it too - by reading this book and applying its simple principles in your business.
For many entrepreneurs, owning a business has become drudgery. Long hours. Employees with bad attitudes. Being involved in every aspect of the business because the employees don't care or can't be trusted to do the right thing. Sacrificing their own income so they can make payroll. Sleepless nights. These people must be asking themselves, "What happened? How did my dreams of success turn into a nightmare? Will it ever get better?" It can get better, but here's a good saying to remember: If you keep doing
what you've been doing, The only way to change your results is to change your behavior, your activities and your approach to business. Based on my own experiences My name is Bill Collier. This book is the culmination of my own personal entrepreneurial experiences. In the late 1980s, I started my first company after years in the corporate world. The first 3 years, we did fine. We attracted customers, hired some employees, and paid our bills. I thought, "I've got this business stuff figured out." Boy, was I wrong! Then, we hit a brick wall. We endured 4 straight years - I call them our "dark ages" - of stagnant sales, low employee morale, and high employee turnover. It got harder and harder to pay our vendors. I frequently took little or no pay so I could make payroll. My lack of business expertise had come home to roost. I called one of our bigger competitors and inquired about selling my company to them. Their reply: "You're too small. Get bigger and maybe we can talk." I was disappointed beyond words. I had two choices - throw in the towel, or stick it out and make it work. I chose to make it work. Slowly but surely, I started to "get it." I was learning from my own mistakes. (And I made lots of them!) I learned to swallow my pride and admit that I didn't have all the answers. This enabled me to seek out advice and to accept input from my employees. It also helped me learn to trust my employees and to delegate to them. By 1995, things started to turn around. Revenue was growing. Employees quit leaving. Customers became fans. I recruited and developed a management team. Over the next 10 years, we enjoyed plenty of success. We made the "St. Louis Technology Fast 50" list 3 times. Jack Stack's open-book management organization, The Great Game of Business, gave us their "Hall of Fame" award. We made money, and I finally tasted the success I'd hoped for when I started the company. The last 2 years I owned the business, I played golf every Wednesday morning, worked from home fairly often, and took off when I wanted to. I also bought into a small manufacturing company and started spending one day a week at that business. All the while, my company hummed along. We sold my first business in 2005 for a nice sum. I now split my 4 day workweek between the manufacturing company mentioned above and my own consulting firm, Collier Business Advisors. (I still golf on Wednesdays.) The approach used to turn around that first company, to reduce my workweek, to put my company on "auto-pilot", and to increase its value and make it sellable are all outlined in my book. You can reasonably expect to achieve similar success if you read it and apply the simple principles you'll find inside. I'd be pleased and proud for my book to be part of your entrepreneurial journey. Wishing you success,
Bill Collier Click on the above to watch the Video Trailer!
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Small
Business Truism #1: How many small businesses have you seen wind up this way: The owners, after many years of toil and sweat, hold a sale. For pennies on the dollar, they auction off their desks, file cabinets and other physical assets. Then, the owners shut the doors and shuffle off into retirement - where they try to live on Social Security and what little savings they cobbled together over the years. This same couple could have run that same business for those same years in an entirely different way. They could have been building sellable value into the company, so that when retirement time came, they had potential buyers bidding for the privilege of acquiring their company for top dollar. The difference? Seeing your business not as a job, but as a tool for enhancing your personal life. |
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Small
Business Truism #2: Would you take a vacation without first planning it? Would you build a house without a blueprint? Yet, many small business owners start and run their companies with no written plan. Many other small companies have a plan, but it is a long, fancy bound document. Trouble is, nobody reads it or uses it. You need a concise, focused plan that literally guides your yearly, monthly, weekly and daily actions, and provides accountability for you and your team members. The second section of the book will step you through the process of developing a real, working business plan that virtually guarantees success.
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Small
Business Truism #3: Execution. Progress. Results. This is where the rubber meets the road. Despite your best intentions, your well-thought-out goals, and your focused plan, you're going nowhere fast unless you execute. And, there are two aspects to execution: The first and most obvious ... you have to do what you planned to. The second ... you need to do certain things well. The book identifies 11 specific areas in which you need to be "firing on all cylinders", including making good hiring decisions, creating a "high-retention culture" to keep your good employees from leaving, effective delegation, using values to provide guidance, and 7 more. You'll avoid many of the troubles that plague most business owners if you follow the simple, down-to-earth approaches outlined in this section. |
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![]() In early 2007, Inc. Magazine purchased a large quantity of the book to use as prizes for its "Inner Circle" members! |
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Finally!
An "Owner's Manual" for small businesses!
163 pages. Each of the 20 chapters is a lesson in setting goals, making plans for achieving your goals, and executing your plans.
Includes
a free self-assessment! |
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Get
started today and learn Download a free preview here Click below to order your SIGNED COPY Now! You will be transported to our Secure WebStore Or,
click here
to buy an unsigned copy on Amazon.com |
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Accountants,
Bankers, Attorneys, Financial Professionals - This book makes a
terrific gift for your customers! |
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