5 Reasons to Raise Your Prices
Ever wonder if your prices are right? Most people I meet wish they could charge more, but aren’t sure if it’s a smart move.
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Seek Dissent, Not Consensus
We spend a lot of time and energy trying to create consensus…with customers, employees, partners, etc. But consensus does not always create the best decisions. In fact, sometimes it results in big mistakes. The most successful managers actively seek out dissent. They realize that people …
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Pricing Basics (Don’t Stab in the Dark)
Do you ever feel that setting prices is like stabbing in the dark? It shouldn’t be. There’s an art and a science to price setting that, when followed, will immediately increase your profit. This is why, when I’m starting with a new client, we often …
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How to Make Discounts More Profitable
“Looking for a jump in business? Have a sale!” “Want them to buy? Offer a discount!” That’s the conventional wisdom, and indeed it works…but at the expense of profit! Nonetheless, so many businesses I work with find themselves slaves to discounts in order to keep …
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Create Your Annual Growth Strategy in 20 Minutes
Want this year to be a lot better than the last? Not sure where to focus to maximize growth? For most of us, our head is spinning with tons of ideas, and our to list is full of issues to address. It’s hard to get …
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Are Your Customers Happy Enough?
Most of your customers like buying from you. Some LOVE you. And some…well you can’t please them all. But are your customers happy ENOUGH? Have they been getting happier over time? Or could your product or service quality be slipping a bit? How do you …
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Applying the 80/20 Rule to Be More Efficient
Most of us have heard of the “80/20 Rule,” but how many of us have taken time to apply its lessons to our business? The 80/20 Rule, in its most general form, says that 80% of you outcomes come from 20% of your inputs. It …
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