9
Copyright © 2010, Adam C. Dudley & Associates, LLC. All rights reserved. 1 97 Common Acts of Sabotage That Kill Small Businesses and Cause Suffering in Entrepreneurs Startup and Strategy 1. Starting a business that isn’t in alignment with your ideal lifestyle and/or that isn’t compatible with the other aspects of your life (e.g. family, recreation, health, etc) 2. Working without a strategy because you think strategy is only something for large companies 3. Making random daytoday decisions without having a longterm strategy to guide you 4. Trying to make your business all things to all people instead of choosing to fulfill a specific niche position in the marketplace 5. Working without objectives, projects, priorities, and targets 6. Working without benchmarks for performance 7. Not understanding the power of strategic alignment in a business 8. Setting unrealistic goals 9. Failing to plan how you’re going to eventually take yourself out of the business Marketing 10. Using an industry standard business model by default and not looking outside your industry for a more profitable model that will give you a powerful competitive edge 11. Not knowing how to use direct marketing

97CommonActsOfSabotage-ACDA

Embed Size (px)

Citation preview

Page 1: 97CommonActsOfSabotage-ACDA

 Copyright  ©  2010,  Adam  C.  Dudley  &  Associates,  LLC.  All  rights  reserved.  

1  

 

97 Common Acts of Sabotage That Kill Small Businesses and Cause

Suffering in Entrepreneurs  Startup  and  Strategy  

1. Starting  a  business  that  isn’t  in  alignment  with  your  ideal  lifestyle  and/or  that  isn’t  compatible  with  the  other  aspects  of  your  life  (e.g.  family,  recreation,  health,  etc)  

2. Working  without  a  strategy  because  you  think  strategy  is  only  something  for  large  companies  

3. Making  random  day-­‐to-­‐day  decisions  without  having  a  long-­‐term  strategy  to  guide  you  

4. Trying  to  make  your  business  all  things  to  all  people  instead  of  choosing  to  fulfill  a  specific  niche  position  in  the  marketplace  

5. Working  without  objectives,  projects,  priorities,  and  targets  

6. Working  without  benchmarks  for  performance  

7. Not  understanding  the  power  of  strategic  alignment  in  a  business  

8. Setting  unrealistic  goals  

9. Failing  to  plan  how  you’re  going  to  eventually  take  yourself  out  of  the  business  

Marketing  

10. Using  an  industry  standard  business  model  by  default  and  not  looking  outside  your  industry  for  a  more  profitable  model  that  will  give  you  a  powerful  competitive  edge  

11. Not  knowing  how  to  use  direct  marketing  

Page 2: 97CommonActsOfSabotage-ACDA

 Copyright  ©  2010,  Adam  C.  Dudley  &  Associates,  LLC.  All  rights  reserved.  

2  

12. Spending  too  little  time  on  the  marketing  of  your  business  13. Being  overly  concerned  with  turning  a  few  people  off  with  your  marketing  14. Working  without  a  clear,  compelling,  competitively  differentiating  Unique  

Selling  Proposition  15. Not  using  a  strong  guarantee  to  reverse  risk  for  your  customer  (yes,  there  is  

a  way  to  do  this  in  any  business)  

16. Not  having  the  self  confidence  to  test  price  elasticity  and  use  premium  pricing  models  

17. Using  agency  brand-­‐driven  advertising  in  a  small  business  

18. Not  recognizing  and  leveraging  the  power  of  celebrity  in  your  business  

19. Trying  to  build  a  corporate  brand  instead  of  using  your  own  personality  in  a  small  business  

20. Delegating  marketing  instead  of  mastering  the  marketing  of  the  business  

21. Not  learning  how  to  maximally  leverage  free  marketing  tools  like  social  media  

22. Not  surveying  customers/clients  regularly  and  then  finding  new  and  creative  ways  (additional  products  and  services)  to  meet  their  wants  and  needs  

23. Not  knowing  the  difference  between  features  and  benefits  and  not  communicating  the  emotion-­‐level  benefits  of  your  products  and  services  to  your  customers/clients  effectively  

24. Getting  seduced  into  using  the  marketing  tactic  of  the  day/month/year  without  adequate  understanding  of  the  strategic  relevance  of  said  tactic  

25. Not  understanding  exposure  frequency  in  marketing  and  how  to  use  it  

26. Overestimating  the  importance  of  a  few  complaints  from  customers  or  clients  

27. Not  having  the  self-­‐confidence  to  force  operations  personnel  to  perform  marketing  processes  to  your  standards  

28. Being  afraid  to  stand  out  in  the  market  too  much  

29. Doing  things  that  are  not  in  alignment  with  your  customer/client  expectations  of  your  business  

30. Not  using  information  marketing  in  your  business  

31. Not  looking  at  and  communicating  about  your  business  through  the  eyes  of  your  customers  and  their  needs  and  wants  

Page 3: 97CommonActsOfSabotage-ACDA

 Copyright  ©  2010,  Adam  C.  Dudley  &  Associates,  LLC.  All  rights  reserved.  

3  

32. Not  knowing  what  business  you’re  REALLY  in  

Productivity  

33. Spending  too  much  time  with  customers  and  clients  that  aren’t  qualified  to  do  business  with  you  in  the  first  place  

34. Working  at  things  that  will  not  moving  you  measurably  closer  to  your  goals  35. Believing  in  multitasking  as  a  good  skill  to  have  and  use  36. Neglecting  physical  fitness  and  proper  nutrition  as  a  personal  productivity  

booster  37. If  you  have  employees,  not  recognizing  that  they  will  only  respect  what  you  

inspect  38. Adding  more  things  to  your  to-­‐do  list  than  you  subtract  or  eliminate  39. Not  taking  recovery  and  renewal  breaks  every  90-­‐minutes  and  every  few  

days  of  work  to  keep  your  energy  up  40. Not  knowing  when  you’re  naturally  at  your  most  productive  during  the  day  41. Not  continuously  challenging  yourself  to  become  a  little  more  effective  (this  

doesn’t  mean  to  work  longer  and  harder)  42. Working  longer  and  harder  to  overcome  business  challenges  

43. Not  establishing  timelines  and  deadlines  for  the  completion  of  projects  and  tasks  

44. Taking  on  too  many  projects  at  once  45. Doing  low-­‐leverage,  low-­‐wage,  repetitive  technical  work  yourself  instead  of  

out-­‐tasking  it  46. Trying  to  do  everything  yourself  because  you  think  no  one  can  do  what  you  

do  well  enough  47. Not  spending  adequate  time  developing  and  refining  business  systems  

(systems  set  you  free  to  do  your  highest  leverage  work)  

48. Abusing  and  being  obsessed  with  technology  

49. Not  consciously  creating  positive  habits  and  breaking  negative  ones  

50. Not  combining  goals  with  rewards  

51. Working  without  drop  dead  deadlines  and  a  personal  commitment  to  get  important  things  done  (regardless  of  fires  or  emergencies  that  will  always  come  up  anyway)  

52. Working  without  priorities  and  a  list  of  high-­‐leverage  activities  that  use  your  natural  strengths  

53. Allowing  others  to  rob  you  of  your  valuable  time  and  energy  with  your  implied  permission  

Page 4: 97CommonActsOfSabotage-ACDA

 Copyright  ©  2010,  Adam  C.  Dudley  &  Associates,  LLC.  All  rights  reserved.  

4  

54. Trying  to  accommodate  and  satisfy  everybody  

55. Not  completing  at  least  one  high-­‐leverage,  wealth-­‐producing  project  per  day…no  matter  what  

56. Not  recognizing  that  most  problems  are  process  issues  that  can  be  fixed  

57. Trying  to  make  things  perfect…good  enough  is  good  enough  and  returns  on  time  and  energy  invested  diminish  at  a  certain  point  

58. Working  in  an  environment  that  encourages  you  to  be  unproductive  

59. Not  selecting  time  management  techniques  that  work  for  you  and  your  unique  work  style  (take  the  Kolbe  A  Index  at  www.Kolbe.com)  

60. Confusing  activity  with  productivity  

61. Consuming  too  much  media  

62. Being  inattentive  to  the  task  at  hand…allowing  your  mind  to  wander  at  its  will  

63. Using  your  self-­‐diagnosed  entrepreneurial  “A.D.D”  as  an  excuse  and  a  crutch  for  not  learning  how  to  harness  and  focus  your  creative  energy  

64. Tying  up  mental  resources  by  keeping  it  all  in  your  head  

65. Maintaining  endless,  un-­‐prioritized  to-­‐do  lists  

66. Not  chunking  down  larger  projects  into  manageable  milestones  and  mini-­‐projects  

67. Letting  business  dominate  your  personal  life  

68. Not  asking  if  there  is  profit  in  what  you  are  doing  at  any  given  moment  during  the  work  day  

69. That  the  latest  and  greatest  productivity  plan,  program,  seminar  or  software  is  going  to  solve  your  productivity  problems  

Personal  Growth  

70. Not  realizing  that  you  must  F.O.C.U.S.  (Follow  One  Course  Until  Successful)  and  choosing  instead  to  opportunity  hop  whenever  the  going  gets  tough  

71. Saying  “I  can’t  because…”  instead  of  “How  can  I...”  or  “What  would  it  look  like  if  I  could…”  

Page 5: 97CommonActsOfSabotage-ACDA

 Copyright  ©  2010,  Adam  C.  Dudley  &  Associates,  LLC.  All  rights  reserved.  

5  

72. Trying  to  do  it  alone  without  investing  time  and  money  in  finding  and  engaging  mentors,  coaches,  consultants,  and  other  experts  

73. Not  investing  in  your  own  personal  growth  and  development  74. Learning  for  the  sake  of  learning…lacking  a  personal  development  plan  for  

each  stage  of  your  business’  growth  75. Trying  to  strengthen  weaknesses  

76. Being  personally  out  of  alignment  with  what  you’re  trying  to  achieve  in  your  business  

77. Working  without  a  crystal  clear  and  present  “why”  

78. Needing  to  be  well  liked  by  everyone  (entrepreneurship  is  not  a  popularity  contest)…you  must  be  impervious  to  criticism  to  play  the  game  successfully  

79. Buying  the  sexiest  new  resource  instead  of  being  resourceful  

80. Not  continuously  examining  and  working  on  your  own  self-­‐imposed  limitations  as  dictated  by  your  self-­‐image  

81. Not  taking  100%  responsibility  for  your  results  in  business  and  in  life  

82. Being  too  hard  on  yourself  and  comparing  yourself  to  others  too  intensely  

83. Not  being  hard  enough  on  yourself  in  regards  to  your  integrity  and  honoring  your  commitments  

84. Whining  and  complaining  about  the  economy  or  other  external  circumstances  instead  of  taking  creative  action  to  solve  your  problems  

85. Neglecting  to  develop  and  use  the  power  of  your  personal  network  

86. Avoiding  dealing  with  nagging  issues  and  unfinished  business  till  a  later  date  

87. Not  seeking  to  find  the  wisdom  in  mistakes  and  failures  

88. Not  surgically  removing  people  from  your  business  and  your  life  that  are  a  drain  on  your  time  and  energy  

89. Waiting  until  all  of  your  “ducks  are  in  a  row”  before  taking  action  towards  your  dreams  

90. Waiting  for  permission  to  succeed  from  someone  else,  yourself,  or  some  phantom  authority  or  entity  

91. Not  belonging  to  a  mastermind  group  comprised  of  success-­‐minded,  high-­‐performing  business  owners  that  have  similar  dreams  and  goals  to  your  own  

Page 6: 97CommonActsOfSabotage-ACDA

 Copyright  ©  2010,  Adam  C.  Dudley  &  Associates,  LLC.  All  rights  reserved.  

6  

92. Lacking  stick-­‐to-­‐itiveness    

93. Not  setting  stretch  goals  and  constantly  expanding  your  comfort  zone  by  taking  on  new  challenges  

94. Refusing  to  accept  that  the  most  likely  cause  of  the  obstacles  you  face  in  your  business  are  a  result  of  your  own  doing  

95. Not  realizing  that  confidence  is  a  decision…not  something  you  are  born  with  or  without,  or  something  you  just  have  or  don’t  have  

96. Tolerating  not  waking  up  every  morning  with  a  zest  for  life  and  excited  about  what  you’re  going  to  do  in  your  business  that  day  

97. Defining  and  labeling  yourself  by  what  you  do  for  a  living  

Page 7: 97CommonActsOfSabotage-ACDA

 Copyright  ©  2010,  Adam  C.  Dudley  &  Associates,  LLC.  All  rights  reserved.  

7  

Attention All Small Business Owners, Entrepreneurs, Consultants, Sole Practitioners, Coaches, and Self-Employed Professionals…

Are you feeling left behind? Suffering silently as other entrepreneurs make

it BIG…even in this recession?  All  you  need  is  ONE  idea,  properly  implemented  and  executed  to  take  your  business  to  the  next  level.  It’s  that  little  bit  of  outside  perspective  from  a  competent  professional  that  can  break  you  “out  of  the  box”  and  accelerate  your  growth.        Adam  Dudley  provides  an  array  of  marketing,  strategy,  and  productivity  services  and  can  provide  fresh  insight  and  new  angles  to  solving  your  business  problems.      Quotations  and  analysis  are  provided  in  a  Strategic  Review,  which  is  a  no-­‐holds-­‐barred,  30-­‐minute  phone  consultation.        Here  is  what  we  accomplish  together  in  this  fast-­‐paced,  zero-­‐nonsense  session:  •  Cash  Flow  Problems:  Lying  awake  at  night  worried  about  maxxing  out  your  credit  cards  or  that  line  of  credit?  I  can  help  you  clear  this  hurdle  with  specific  cash  flow  strategies.  I’ll  give  you  my  best  secrets  for  turning  around  your  business  with  effective,  low-­‐cost  marketing  tactics  that  you  can  do  in  house.  •  Things  Not  Going  According  to  Plan:  You’re  all  too  familiar  with  how  easily  your  business  can  spin  out  of  control  when  your  time  is  limited  and  you  have  fires  to  put  out.  I’ll  show  you  how  to  take  back  control  of  your  time  and  ensure  that  you  are  working  on  the  most  important  things  first  in  your  business.  The  30-­‐Minute  Strategic  Review  is  conducted  by  the  principal  of  our  company,  Mr.  Adam  C.  Dudley,  who  has  started,  operated,  and  helped  grow  4  "from-­‐scratch"  from  $0  in  annual  sales  to  over  $2,000,000  in  annual  sales  in  several  different  industries.    Please  be  assured  that  this  consultation  will  not  be  a  thinly  disguised  sales  presentation;  it  will  consist  of  the  best  intelligence  Mr.  Dudley  can  supply  in  a  thirty  minute  time  span.  The  30-­‐Minute  Strategic  Review  is  $182,  but  please  be  advised  that  the  call  must  be  strictly  limited  to  30-­‐minutes.  This  consult  will  typically  take  place  within  1-­‐2  weeks  of  your  inquiry.  To  secure  a  time  for  this  consultation,  please  email  [email protected]  and  his  assistant,  Eve,  will  advise  you  regarding  available  time  slots.  She  will  also  provide  you  with  a  pre-­‐consultation  questionnaire  that  will  prepare  both  you  and  us  to  get  maximum  value  in  the  shortest  amount  of  time.    

Page 8: 97CommonActsOfSabotage-ACDA

 Copyright  ©  2010,  Adam  C.  Dudley  &  Associates,  LLC.  All  rights  reserved.  

8  

What people are saying...  “Adam  is  the  kind  of  Manager  that  gets  the  job  done.  From  the  moment  I  met  him  I  believed  him  to  be  a  powerhouse.  He  has  confidence  and  direction.  He  is  goal  oriented  and  stays  focused  and  on  task.  I  would  be  proud  to  have  Adam  working  with  me  on  any  project.  He  has  good  ethics  and  moral  character.  Liz  Otts,  President  Florida  Business  Expo”  June  25,  2009    “Adam  is  a  young,  sincere,  and  action-­‐taking  entrepreneur  and  entrepreneur  supporter.  If  you  need  somebody  to  help  you  get  your  business  off  the  ground,  he  is  the  guy!”  May  16,  2006  Michael  Simmons    “Adam  is  a  true  entrepreneur.  He  approaches  things  from  a  unique  standpoint.  Always  searching  to  make  things  more  profitable,  more  streamlined  and  more  efficient.  Adam  is  dedicated,  attentive  and  passionate.  He  is  an  asset  to  anyone  who  has  the  opportunity  to  work  with  him.  I  give  him  my  highest  recommendation.”  February  4,  2009  Jimmy  Vee,  Partner/CEO,  Gravitational  Marketing    “Adam's  business  acumen  is  plainly  obvious  after  spending  just  a  few  moments  engaged  in  conversation.  He  has  accumulated  a  range  of  skills  through  his  extensive,  high-­‐level  business  experiences  uncommon  at  his  age.  If  you  want  to  work  with  a  serious  business  superstar,  then  take  a  close  look  at  Adam  because  he  can  dramatically  impact  any  venture  in  a  positive  way.”  January  26,  2009  Julie  Brumlik,  Dremu.com    “If  you're  looking  for  an  innovative  and  bright  person  to  do  business  with,  two  words  about  Adam:  "Do  It."  Among  other  things,  I've  had  Adam  speak  to  my  business  students  when  I  was  teaching  at  a  local  college  and  he  not  only  was  inspiring  to  them,  but  it's  evident  that  Adam  is  a  true  entrepreneur  at  heart.”  January  21,  2009  Brian  Collins,  President,  The  Brainstorm  Institute    “Adam  is  a  brilliant  marketer  and  entrepreneur,  with  the  ability  to  tackle  a  wide  variety  of  tasks  across  multiple  roles.  A  quick  learner  and  a  master  networker,  Adam's  impressive  skills  will  no  doubt  lead  to  a  bright  future  in  his  business  career.”  January  12,  2009  Mike  Brodsky,  Vice  President  -­‐  Wealth  Management,  Smith  Barney    “Adam  Dudley  is  the  consummate  strategist  for  putting  together  new  deals  and  getting  them  to  fruition.  A  man  of  great  integrity  that  I  admire,  respect  and  highly  recommend.”  January  12,  2009  Gary  S.  Mezo  Nanobiotech    “Adam  is  extremely  dedicated  to  his  work  and  is  always  100%  committed  to  the  task  at  hand.  I've  always  been  very  impressed  with  the  results  of  Adam's  work  and  

Page 9: 97CommonActsOfSabotage-ACDA

 Copyright  ©  2010,  Adam  C.  Dudley  &  Associates,  LLC.  All  rights  reserved.  

9  

entrepreneurial  talent.”  September  6,  2007  Steve  Mort,  US  correspondent,  Feature  Story  News    “Adam  is  a  sharply  focused  executive  and  a  selfless  team  player  who  is  a  pleasure  to  work  with.  He's  a  very  creative  collaborator  who  constantly  strives  for  excellence  and  relevance  and  brings  great  value  to  any  project.  If  Adam  is  involved,  the  chances  for  success  are  increased  considerably.”  September  5,  2007  Marc  Middleton,  Founder/CEO,  Bolder  Broadcasting  Inc.  and  Growing  Bolder  Media  Group    “Adam  -­‐  is  an  incredibly  professional,  with  great  compassion  in  everything  he  does,  a  self-­‐starter  with  endless  energy.  Trustworthy,  reliable  and  personable.”  September  4,  2007  Steven  J.  Miguel,  CEO,  Design2Keys