#062: How to Turn Your Business Around [Podcast]

What do you do if business is not so good? Do you blow a pile of money on standard media advertising, like radio and newspaper, and hope for the best?  Do you drain your retirement account savings to keep the business afloat? Do you close down the shop, and stick a sign in the window that says, “the economy did it”?

Cheerful business team toasting with Champagne

Or do you use a proven, reliable formula to turn your business around? Seems to me that last idea is the best. And that’s what this week’s episode is all about. How to turn your business around, in any economy.

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On this week’s podcast episode:

  • The power of storytelling to grow your business.
  • Why your level of faith doesn’t matter.
  • Plus, our feature presentation…  How to  Turn Your Business Around

Tip Of The Week

You can change the quality of your life by changing the quality of your stories. Decide how you want your life to be, and tell that story. Even before it’s a fact.

Spiritual Foundations

All things are possible for one who believes.
Mark 9:23

Most modern Christians have been taught this verse means if we have more faith, that all things are possible. In other words, if we can believe, God will intervene on our behalf. He will bring our miracle. If we can’t believe, then were out of luck and God is not going to help us.

I don’t think that’s what this verse means at all. Let’s look at it in context, and let’s also look at how the original language (Greek) is structured.

First, what’s the context of this verse? A boy is brought to Jesus who is possessed by a demon. The boys father says to Jesus, “if you can do anything, have compassion on us.” Jesus points out that the family, and even his own disciples, have very little or no faith. He calls them “faithless”. Then he goes on to say, ” If you can! all things are possible for one who believes.” So just from the context of the story, it seems that Jesus is talking about himself when he says all things are possible for the one who believes. He’s the only one present who has any faith.

Pastor Joseph Prince points out that if you study the Greek structure of the verse, it’s actually saying, “Can you believe that all things are possible to him [Jesus] who is always believing?”

it’s not about how much faith you have. It’s not about what you believe, it’s about who you believe. Believe Jesus, whose faith is always constant. If you can believe that all things are possible for Jesus… That he makes all things possible for you.

Have faith in the one whose faith is perfect on your behalf.

Feature Segment: How to  Turn Your Business Around

Business success, in any economy, consists of about 20% technical skills, and 80% psychology. What you believe about your business, your ability to generate profit, and what is possible determines whether or not you will be successful. You can’t ignore reality, but you can intentionally influence it.

Four Required Steps to Turning Your Business Around

  1. Decide it’s possible
  2. See the situation as it is
  3. See the situation better than it is
  4. Do what is required to make it the way you see it

Nine Business Saving Tactics

  1. Contact previous customers
  2. Improve the physical environment
  3. Improve the sales conversation
  4. Generate referrals
  5. Generate fresh leads
  6. Follow-up relentlessly
  7. Measure everything
  8. Control expenses
  9. Increase marketing

Want To Be On Next Week’s Show?

My topic for next week’s show is “How to Have a Spiritual Business”. If you have a question on that topic, you can ask by visiting my voicemail page (just click here to leave a message). This is a great way to promote your own website. First, make sure you have a great question, and then start off by saying your name and your website. If your question is used on the show, will even include a link back to your site in the show notes.

Your Feedback

Do you have an idea for a podcast you would like to hear? Do you have a question that you like to ask me? Please contact me.

Call in your questions or comments to our new, fancy “request line” at (509) 713-2679 or click here to leave a message on my Voicemail Page

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2 thoughts on “#062: How to Turn Your Business Around [Podcast]

  1. Great podcast as always. Sometimes it’s the commons sense things that we need reminding about.

    It’s easy to take things for granted (like getting continuous referrals) and not spend time on the other marketing components of your business. Time needs to be spent working “on”your business and not just “in” your business as suggested by Michael Gerber in The E-Myth.

  2. This weeks post landed squarely in my court. I have been struggling with trying to get my business to the next level and after reading this post I realized I was looking for outside help to get it going. After reading this I realized the Calvary ain’t comin’ and it is really up to me and taking action to make it the way I want it to be. Fortunately what we do is solid and proven but I have not been taking the appropriate actions to make it happen.
    Thanks
    Ray