Thursday, December 4, 2008

It's All About Teams

You’ve heard of the term ‘self made millionaire’, haven’t you? Well guess what, that’s a myth. There is no successful person from a child, to multi billionaire who did it without a team or network of individuals and systems behind him.

I think it’s amazing how so many entrepreneurs and small business owners think they can do it all themselves without enlisting a great team.

If you have watched the political transition, it is made up completely of teams. There is the transition team, the economic team, the foreign policy team the domestic team all led by its leadership the President.

Well if the President has to put together a team in order to lead the country, why do you think you don’t need a team to lead your company? Makes sense doesn’t it?

Why is a teams important to your success? Because one you can’t do it all yourself, and two teams help take your vision from concept to reality more quickly and efficiently. The team also takes your vision and helps to implement it according to your guidance and leadership.

Are you convinced yet? Ok good. So who should be on your team as a business owners. Well, there are several areas but there are 6 basic areas of every successful company:

  1. Financial
  2. Sales and Marketing
  3. Management
  4. Communication
  5. Ecommerce
  6. Health Care

Let’s examine some of the key players and components of these teams and networks.

Financial

You will want to attract people who can assist you when you need a loan to start or expand your business. You need people to help guide you through the process as well as investors and lenders who are open to your type of business.

Then there are the professionals and tools to help keep you build or rebuild your credit, protect you from ID theft, bill payment system and accounts receivables.

These professionals and tools are critical for the financial wealth of your empire n whether you starting out or expanding.

Sales and Marketing

I don’t care how great your product or service is, if no one knows about it, it’s useless. Sales and marketing are the life blood of any business, heck for that matter to any endeavor. Think about it when you were dating or looking for your first job You marketed yourself every way possible from how you dressed, your makeup and grooming to where you put yourself. Whether it was on the internet network or a social setting.

We are always selling and anyone who says I don’t like sales, doesn’t want to make any money or succeed. Nothing happens until a transaction is made. There are buyers and sellers in every situation. You are either selling or being sold, period.

So what’s needed to help get the word out about your product or service and start ringing up the sales? Glad you asked. Here are a few tools,

Press releases, PPC, classified ads, banner ads, directory listings, SEO, article submission, Video email, events, social networks, print shops, newsletters, etc.

Think about how you could rev up your sales if you decided to put your attention into just a few of these strategies and tools.

Management

Every good business needs proper management. The problem is most of the time the one doing the managing is the one doing everything else. So not much gets managed. Your job is to put together a great team and then lead them to your satisfaction.

Who’s on your management team?

Legal professionals, tax professionals, business consultants, coaches, mentors, You are going to want your team to help you set up the right entity structure, understand your tax liabilities and advantages, guide you through a business plan, be a sounding board and help keep you on track.


Telecommunication


In our high tech society it’s there is no excuse not to stay in touch with your customers and clients and for them to stay in touch with you. Here are some of the tools of the trade.

VOIP with unlimited Long distance, fax, voice mail, conferencing, IM, email, mobile
phones, Podcasts

Proper use of these tools managed properly can have your customer and clients coming back again and again because you cared enough to stay connected.

Ecommerce

No matter who you are and what type of business you have, you need an online presence. Oftentimes your website is the first place someone will go to determine more about you and your products and service. Even if you have a brick and mortar business, consumers today expect you to have a website or a blog.

Who plays a role in this team,

Web designers or DIY builder
Web hosting
Email
Domain registrant
Graphic Designer
Blog
Shopping cart
Merchant account
Streaming media

Health Care

Let’s face it, if you are not healthy and fit, you won’t be able to spend all the money you are planning to make. Also, if you can get affordable health care your business will thrive.

Team mates -

Doctors
Dentists
Pharmacy
Vision Care
Spa and Health Care

There you have it the main ingredients to a highly successful business venture regardless of the economic climate or the kind of company you plan to build or are building.

Though it may seem a daunting task to find these tools and players to participate in your game, it will be much easier if you find networks of companies that offer these services.

Join your local chamber or business network groups and ask for referrals. Talk about putting together a group comprised of your community professionals. Remember, it’s all about teams. That is what will take you to the level of success you want to achieve.

Gail Turner Brown
Business Consultant

If you'd like put together your team of professionals and get access to marketing and managements to start, build and brand your company check out My CEO, Inc