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The truth is, we

can’tmanage

money ifwe’re

notmaking it.

We can’tmanage

clients ifwe

don’t haveany.

there; it’s like soil. Soil doesn’t

care what’s planted; its job is to

help seeds grow. Well, brains

work the same way. Make sure

you’re planting your mind with

good thoughts.

The second article (December

2016) moved into branding,

which is the foundation from

which marketing and sales are

built. I recommended you look

at your branding from a bigger

view, and gave you a few ways to

narrow it down to the best thing

you do, the best client you serve

and your best positioning within

your competitive marketplace.

Next (January 2017), I wrote

about marketing planning,

strategy and tactics, and what

your messaging should say. I

covered how to start building

relationships and help prospects

find and choose you. And

then (February 2017), I wrote

about the contents of “selling”

conversations. Sales is a two-

way street and it’s important

to qualify every one of your

prospects for the best results.

These are all necessary tools

for building your business.

You must do them to stay

competitive, to grow and to

create a thriving a business.

Now, the challenge is that you

must also run your business.

Quoting, sourcing, billing,

problem solving, managing

inventory, managing employees,

learning systems—even running

to the store for supplies—it’s all

in a day’s work. You must also

take steps to structure, organize

and manage your business.

These responsibilities will also

help

you

grow personally and

professionally, and create a

thriving business. But all the

effort to grow your business

can’t happen if you’re not

ready to tackle your business

with organization, structure

and systems.

The truth is, we can’t manage

money if we’re not making it. We

can’t manage clients if we don’t

have any.

The age-old question business

owners struggle with is where to

most productively spend their

time. It’s a paradox for many,

and the reason it’s so confusing

is that we struggle to find the

right balance.

How does a business owner

figure out what to do?

You manage priorities.

The only way to find the right

balance of working

on

your

business as well as working

in

your business is to decide

what you need to focus on

in your business. There is no

right answer to this question.

It requires you to look at

your current operations and

processes, and see where you

have weaknesses and voids

that are causing you to waste

time and lose money. Relative

to promotional products, what

research tools are you using? Is

your prospect database up to

date? Is your client database up

to date? Are you paying for tools

you’re not using?

Let’s face it, everything

needs to get done, but it can’t

all be done at the same time.

Sometimes it makes sense to

work in your business to firm

up structure and get organized

so that what you’re doing works

more efficiently. While you can’t

organize your way to success,

you can free up precious time

and energy needed to work on

your business.

For example, you should

evaluate various operational

issues at least once a year. With

new online tools launching

quickly it pays to keep up to

date on how technology can

help you run your business

more efficiently. And, a smooth-

running business will free up

time so you can create deeper

relationships with your current

clients, and provide greater

value to prospects as well.

And greater value ultimately

leads to more customers and

more orders.

As I’ve said, everything has to

get done. But knowing whether

you should be focusing

in

your

business or

on

your business

at a specific time is critical to

helping you understand yet

another piece of the business

success puzzle.

Abigail Tiefenthaler, founder of Aiken, South Carolina-based distributor Sweetspot Strategies, Inc., is

also a speaker and consultant helping entrepreneurs run the businesses they really want to run. With

30-plus years of business experience, including 15 years in corporate America working in a variety of

marketing capacities, and 19 years running an award-winning promotional products business that

put her in the top five percent of the industry, Tiefenthaler understands how critical it is to play full out,

and use marketing for the heavy lifting it is designed to do. Her goal is simple: simplify the marketing

process and eliminate confusion. Reach her at

spmi@mindspring.com

or 954-804-9413.

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MARCH 2017

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