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Archive for October 2011

Need to Structure Time for a Project? Pomodoro!

By Linnea Blair
Thursday, October 20th, 2011

Ok, what’s this about Pomodoro? I thought it was a tomato! Well, yes pomodoro the Italian word for tomato, but Pomodoro is also a time management technique.

Time Management Technique - PomodoroThe way the name came about is that the author of The Pomodoro Technique, Francesco Cirillo used a tomoto shaped kitchen timer to time his productivity periods for the process. Yes, there really is a book on The Pomodoro Technique.

Without getting complicated, here’s how it works for me and how it can work for you to spend some time each day in focused work on a particular project.

You need some type of timer to make this work. Here is a link to an online timer you can use, or just use a timer app on your smart phone. If you are low tech, a regular kitchen timer works.

Decide what you are going to work on for the period of time between 30 minutes and 90 minutes. Set the timer for 25 minutes. Work without interruption on your project for that period. When the timer dings, STOP! Reset the timer for 5 minutes. Get up, stretch, got to the bathroom, get a drink of water, check your email whatever. When the timer goes off again, set it for 25 minutes and do another focused session on your project. Take another 5 minute break. Repeat the process. When you have done 3 Pomodoros, take a half hour break and do something else.

I have used this technique effectively and it really helps. It’s easy enough to do too. Try it, and let me know how it works for you by commenting below, or on my Facebook page.

Categories : Tips for Entrepreneurs
Tags : Focus, Pomodoro, Time Management

Free Business Planning Webinar

By Linnea Blair
Tuesday, October 18th, 2011

The Road to Success

Your Business Plan – Road Map to Success

Here are three reasons why you need a real live business plan, instead of a quick template that you filled out years ago that you can’t even find.

  1. A strategic business plan is your roadmap – a guide for you to refer to as you make decisions about how to run your business.
  2. As you bring new employees into your company, or train and educate your existing team, your business plan provides clear direction and reinforces your culture.
  3. Banks, governments and business partners are increasingly requiring business plans to support their decisions relating to lending and providing financial assistance, and a good business plan can make the difference.

Discover the benefits of developing a business plan in gaining increased control over business operations and improved opportunities to step back and work ON rather than IN the business. Learn the key steps required to create a plan document for your business and how to use it. You’ll learn:

  • What’s in a business plan
  • How a business plan helps you manage your business
  • How to prepare a business plan
  • How to use your business plan
Date: Thursday, November 3, 2011
Even though this class has passed you can access it in our Free Resources area by becoming a Free Member of Advisors On Target.
Time: 5:00 PM Eastern (4:00 PM Central, 3:00 PM Mountain, 2:00 PM Pacific)
Cost: Free

Register for Free Business Planning Class

This class is valuable on its own, but if you are interested in a directed process to put your plan together in just FOUR weeks, you can click here to find out more.
Categories : Events
Tags : Business Plan, Business Planning, Business Strategy

Do I really need a business plan?

By Linnea Blair
Tuesday, October 18th, 2011

Business Strategy Vision Business plans are one of those things that as a business owner you know you should have, but how many of you actually have one? I’m talking about a real one that is a representative and usable document that defines your company, your target market, and your goals and outlines a path to achieve success, whatever that looks like to you.

So why don’t more business owners have a well documented business plan?

For many business owners I know, it is just being too busy working IN the business instead of ON it. Strategic planning is something that you know is important but you just can’t quite get around to it.

I was talking with a client recently who was bemoaning the opportunity costs to his business in the past that he suddenly realized once he started working on his business in a more strategic way.

It is never too late to start working ON your business, whether you have been in business 3 years or 30 years. Making positive changes to grow your business and make it more valuable to yourself or a future potential buyer is always in season.

How do you start? First you need an analysis of where you are now. What are your company’s Strengths, Weaknesses, Opportunities and Threats? Now, where do you want to be? Do you want to grow your business to a specific size in terms of people or income? As a business owner, do you want to transition to be working less hours, be able to take vacations and know that your business is still humming along without you? Your answers to those questions will lead you to your vision for your company.

Once you know what you want to achieve in the next one to three years, you can look at the gaps between where you are and where you want to be and begin to craft your strategies to get you there.

There are many building blocks to putting together a formal business plan, such as analyzing your target markets and putting together marketing strategies and action plan to reach them effectively. There’s also the financial plan showing historical results and projections for your planned growth. Some parts of your plan will be easier to write than others, as they will require some deep analysis and strategic thinking, and maybe some outside help. In the end, though, mapping out a good business plan will help you reach your goals, now that you’ve defined them!

Categories : Business Planning
Tags : Business Plan, Business Planning, Business Strategy
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