What’s your biggest business challenge?
by OneCoach Team | posted on February 26th, 2008 | Your Business
Every business has challenges. Most of the time, you the business owner, find a solution, create value, and move forward, happily and profitably.
But some business challenges have a way of becoming intractable. You can get stuck, and working harder doesn’t help. When the business suffers, so does your personal life. You lose sleep. You’re not sure what to do next.
Well, here’s a truth that sometimes gets overlooked: No matter how difficult they seem, the challenges you and your business are facing have already been overcome. Regardless of how specialized your business is, someone else in your field has already struggled and won.
Maybe you need to find more clients, hire the right person, develop and execute a real revenue plan — whatever it is, it’s been solved already! You can stop banging your head against the wall, because the knowledge you need is out there.
All you have to do is find it, and then take the right steps, in the right order, to get the results you want.
That’s the purpose of this blog: to help you find the information you need so that you can take the actions that will keep your business moving forward. We’ll be posting all sorts of practical information here, including links to:
- audio interviews
- best practices articles
- links to other resources on the Web, etc.
It will be all aimed at helping you overcome the obstacles between you and greater success for your business. Of course, to be relevant to you, we need your input. So please tell us about your biggest business challenges.
We have access to world-class thought leaders in every aspect of small-business; and to a growing worldwide community of smart small-business owners who are eager to share their expertise.
So let us know your biggest business challenges, and we’ll find answers. Use the comments form below!
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February 27th, 2008 at 2:34 pm
I do not have a bussines yet.
March 4th, 2008 at 9:39 pm
I’m in realty business. I sell high end condominium in Manila where the market for high end condos is small and the competition is tought.I earn out of my commission for every sale I closed. Now the biggest challenge for me is how to penetrate that small market and close a sale month in month out. I wish to here from you. Thanks in advance.
March 6th, 2008 at 7:43 pm
Hi!
As a young publisher (Quebec) my biggest challenge, i would say, is getting journalists and the
mass media to read my publishings.
So i never get any free publicity nor any articles in the papers. As a result, the sales are very very low.
March 26th, 2008 at 9:25 pm
I am 35 years old. I am a n owner of wooden furniture export company. I did export to spain, holland and america since 2000. I established my company in 1999. Now we have 200 employees.
1n 2009 I want that my bussiness grow up in the world.
But now we have big problem bwcause of cash flow
March 29th, 2008 at 7:48 am
hi,
we are a couple of ladies that have started a business marketing a particular top quality brand of solar hot water heater, quite a new industry in S.Africa. Due to frequent power outages and a proposed tariff hike in the new year, the market is begining to show a lot of interest. However we are having difficulty clinching sales, we think it’s due to our product’s price, a bit on the high side compared to the competitors inferior products. Any suggestions?
March 29th, 2008 at 3:24 pm
My Biggest Challenge at present is marketing to the business market for proving accommodation for business networking we do have a movie theatre and conference centre in the making but at present we have magnificant penthouse accommodation suitable for business meetings and business stays for business to take time out for precision planning.How do I find the right business people to come and experience what we have to offer.
April 6th, 2008 at 11:35 pm
I’m the owner of an beauty shop. What can I do to earn more money? Every day without customers just makes me fall back — how can I imporve my business?
July 10th, 2008 at 12:07 pm
We are a small company that builds high end custom homes in southern California. There is over 40 years of combined experience between the 3 of us that started this company a few years ago. We started on a shoestring and have a debt ratio we are uncomfortable with. We have gotten all of our jobs by word of mouth and are paying down the debt and moving forward with very happy clients. However, we need to be able to find a way to breathe as well as look at ways to bring in our next clients and create more flow. We’re an award winning company that is ready to move to the next level and it seems there must be a solution within reach.
July 10th, 2008 at 2:22 pm
Hello and thanks for the Great Blog you have set up!
My name is Yosuf Alsada and I’m 24. I live in Qatar which is in the Middle East,
I have a great automated home business, with great products to sell which I am proud of and I also have a marketing system which does most the work for me…
My sole purpose now is to market online and drive as much quality traffic to my capture pages…
Back in last April is when I first had my business up and running… and I have expected to see results by now but I haven’t even made a single sale yet…
As time goes by it seem to become harder and harder for me to remain positive about the results I’m getting (or rather; I’m not getting)…
It’s becoming a bit frustrating as the business and marketing model I’m using has a potential to start giving me a monthly income $50k-$100k after the first six months…
One problem could be that I don’t have a mentor to guide me and I feel Isolated and alone with my business sometimes because it’s located half way around the world from where I’m located, its seems I’m running out of time and money but this is really something I want to do and I want to be successful with my business…
I want to believe it’s possible to change my life forever and I intend to have a monthly income of $100k+ even though my yearly income for most of my life never exceeded $20,000 a year.
I would be eternally grateful if you could help me out or at least point me in the right direction…
Thanks a bunch
Yosuf B. Alsada
Master Internet Marketer
Entrepreneur
And all around good guy
July 10th, 2008 at 2:30 pm
Oh one more thing I have purchased your One Coach program, and although I haven’t received it in the mail yet I have completed the online modules,
I was just wandering about practicing neural reconditioning, because I didn’t quite get it…
Is it just visualizing and living our goals in our mind?
Or is there an actual audio CD about the process that I have to wait to get from the mail?
Thanks again
July 10th, 2008 at 3:05 pm
hi
my name is christian im 26 years old and im a enterprenuer that want to make their own exportation bussiness between my country Bolivia-US and US with europe but i have dubts so what can i do exactly for achieve my goals ill be waiting a advices
July 10th, 2008 at 8:52 pm
Hi! My family owns a Video Rental store. We opened up in 1984 and we are fairly big, 18,0000plus sq. ft. My biggest challenge this year is we are losing customers we feel to Netflix. Our landlord a couple of years ago doubled our rent and between the two it feels hard. How do you market to bring in new customers in an industry when online is offfering so much less of a price for the same product? The video industury is and has always been in alot of changes. We are wanting to lose some rental space but have issues with the landlord and have 2 years left on a lease. Getting the overhead down is obvious, but not easy since the landlord is not workable.
Any suggestions would be great! Thanks!
July 11th, 2008 at 7:54 am
I have a unique challenge and I am always told is a good problem to have! I get overwhelmed with calls for my window cleaning business from March through to October. I do not have enough cash flow to keep hiring more people but I can use 1 or 2 more.I recently expanded from home based to a shop/office and the transition although better for operations is making it harder to be profitable. This is my 16th year in business and I do very little marketing because I actually have to turn away some business. I have raised prices and I am still not sure if I have found the ceiling on that. How do I take it to the next level?
July 25th, 2008 at 12:39 pm
Hi Kirk and congratulations on your growth. I know that acknowledgment can feel tough to accept when you’re experiencing the burden of overwhelm.
I’m wondering if you remember the transformation in mindset you had to make when you took the plunge from being an employee to becoming an entrepreneur?
I suspect from your comments that your next transformation is from Entrepreneurial Mode to Business Owner Mindset.
From the sounds of it, you’re right in the thick of one of biggest transition components: growth pains.
What often happens in a growth phase is that you’re so busy working “in” your company, you don’t have time to work “on” your company’s growth needs and challenges nor practice strategic planning.
Working “on” your company supports you in being a proactive business leader of the growth, rather than reactively allowing the busyness of business growth to drive you (into exhaustion).
Three things come to mind immediately in taking leadership of your company to the next level and building a more satisfying, balanced relationship to it:
1. Systems
2. Delegation
3. A book resource: E-Myth Revisted
The role and power of effective systems in decreasing overwhelm, increasing organization and expanding freedom cannot be overstated. This website resource can help you get started:
http://www.processprodigy.com/oes/.
You deserve to feel good about your success, Kirk. I hope these items help you lead your company to that reward.
Best Regards, Sandy K. Kuehl, C.P.C.C.