How do you understand your business success?

[FishBowl]

Owain and Dominic in Fishbowl Two have been doing really well recently, selling a lot more of their suits and seeing a general increase in interest around their products (Better Sales People? | Fishbowl Three)

The question for them, however, is "why"? Why are they doing so much better now than before? Have they simply become better sales people over time? Is it the economy affecting their sales? Or the time of year?

How do you understand your business successes in order to be able to replicate it?

[guidemesingapore]

I set goals for myself and just monitor if I am able to meet those goals. Once the goals are achieved, I set new and higher goals and go on from where. Of course you need to keep checking on what all you need to do to achieve what you have set out to do.

[FishBowl]

Yes, setting goals in great for being able to give you focus.

Do you measure your social media activity?

[lucygreenlucky]

one has to know how to analyse- your success or your failure! find the reasons is the next step.

[hypekidy2k]

A SUCCESSFUL BUSINESS

First you got to evaluate your business see where you are right now, see what has work before and improve on it. there is a saying "if it is not break don't fix it" Improve on what has work before. Google to see how to improve your business. Get expert advice, there are a lot of articles out there that talks about business development. do your research and what your business sky rocket. In order to succeed, you only need the necessary tools:
1. Desire to learn
2. Invest time and effort
3. Determination
4. Discipline
5. Optimism

The attitude you have towards your business should always be positive. Remember that you are the captain of your ship and you are the one that is steering towards your own destiny.

[Emma24]

Hello,

I asked people the other day who they modeled their business after. The answers were interesting. Some said their dad. Others said they made businesses for their children. In most cases, I wasn’t sure that I’d asked the question the right way, or that it had been interpreted the way I meant to ask it. My question was: your business isn’t a beautiful and unique snowflake, so what kind of model are you following?
It can be tricky, but it definitely is something to answer, if you want to feel like you’re following a path towards success.

A Few of My Business Models

New Marketing Labs is a marketing consulting company. It follows the service model. Charge clients for services and deliver against the promises made in the contract. The basics of the model are to charge companies for service, to pay employees to execute the service, and make small profits off the margin.

Chrisbrogan.com is a media platform. It makes some money via affiliate ads like my support of Thesis (affiliate link), but more so, it’s a media hub that lets me point towards projects and ideas I think are interesting. It’s lead generation for my professional speaking. It’s lead generation for NML. So, the site isn’t the business model, exactly, but it’s part of other models.

Professional speaker – I make money off speaking professionally to companies about marketing, online media, community, sales, lead generation, and topics like that. It’s a simple model, where you make money for intellectual property, but it’s a tricky model in that you have to be there to earn the money. It’s an “active income” model.
Third Tribe Marketing is a media model as well. Build an active community, give it useful information, provide it lots of resources, and make money off the membership dues. This is a bit more passive (I’m on there daily for 1-2 hours a day), but it’s a little easier than flying all over the world speaking, so it’s a great business line to add to what else I’m doing.

Thank You