Before you invest too much time looking at a franchise, make sure it’s available in the area where you live. They must focus all their attention on only these core goals. Another way to consider branding is the agent’s personal style or reputation.
Part of being a good entrepreneur is to track the progress of your business periodically. Some people get so obsessed with these statistics and numbers that they often spend hours every night computing and plotting progress. For many businessmen, these metrics serve as a gauge on whether the company is doing well or not. But is tracking the metrics really that important? Isn’t the job of the accountants enough by computing the income generated by the company? Apparently, metrics isn’t just about the income garnered. There are other aspects of tracking involved.
Structure, and close the deal. He gives details in how to do this. This includes examples of legal documents, and checklists included in the appendices. He insists you are in control of the deal, not your experts. Although Rickertson, and Gunther compare running a family business to a soap opera, they compare closing the deal to directing a Hollywood film.
Select your selling team with care including investment bankers, attorneys, wealth managers, business brokers, and accountants. They advise looking for competency, experience, reputation, chemistry, and availability in your advisors. A list of advisors to choose from are listed in the appendices.
This is the mantra for anyone doing business on the web today. If your server is down you are out of business. The old rules of the web still apply. If you’re not providing content of some sort within five seconds kiss the visitor goodbye. Think of your website as a brick and mortar store. If a construction firm said they could build you a new facility for half of what the competiton bid but your location may wink out of existence five to ten percent of everyday, you’d probably think twice about saving a few dollars. That’s how you have to look at up time. Anything less than 99.9% uptime equals FAILURE!
You chair a certain meeting. Someone is waffling off the point (there is always one – isn’t there). You try to bring him back on track and he says, “What I’m saying is important”. You don’t think it is and a mini-argument develops. If you don’t have the purpose of the meeting clear, it’s very difficult to make judgements about the relevance of any contribution and your meetings take longer than they should.
You’ve been pretty interactive with your fans, in the sense of not secluding yourself isolated in some sort of self-imposed ivory tower. You’ve been signing autographs after your shows, and you’re even a featured player, on a cruise to Ocho, Rios, Jamaica and Georgetown, Grand Cayman.
As just a matter of interest, I just made a fellow at the University, here in England, which has just come up, after I gave various business talks and things, on the music industry, so I’ve been very lucky with awards, at the end of last year, going into this year. So everything’s looking pretty good on my end.