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Small Business Leadership Training

By Bob Prosen    

 

I’ve got something pretty cool for you today.

It’s an audio and video recording from a workshop I recently held where I hear directly from a room filled of small business owners, just like you, state the biggest challenges they’re facing in today’s world. To be precise, It’s an excerpt taken from my four hour small business leadership training program where I taught leaders how to rapidly increase profits. At the end of the day we reviewed the list and everyone agreed that the program addressed 12 of the 16 biggest challenges listed below.

Whether you are trying to survive in today’s tough economy or striving to reach new heights,  the mutual goal is to progress and making money.

As someone who subscribes to the old adage, “Go as far as you can go and when you get there you can see further,” I believe that there is always room for improvement.

Especially in 2010 and 2011.

Sure it’s more difficult but not impossible. The first step is to identify the hurdles — and that’s exactly what we did in this audio recording.

Just take a listen, and you’ll quickly hear the SAME exact problems, frustrations and concerns that you have for your business – are the same problems facing other business owners as well.

I also included all the challenges I got from the participants at the end of the post.

So what do YOU think? Did they, or I, miss any? Feel free to post your thoughts below.

Audio clip: Adobe Flash Player (version 9 or above) is required to play this audio clip. Download the latest version here. You also need to have JavaScript enabled in your browser.

Or download the MP3

By the way, you’re not losing your hearing. The audio volume is low in order not to startle others when I begin speaking. Adjust your speakers accordingly.

*Video:business leadership top problems

Here are their biggest challenges:

  • Finding talented people
  • Organizational structure
  • Keeping the plan relevant in a changing environment
  • Execution
  • Embrace necessary change
  • Creative benefits
  • Increase cash-flow
  • Communicate goals
  • Take market share
  • Innovation
  • De-commoditize
  • Finding new markets
  • Effective sourcing
  • Professionalize people and the process
  • Alignment
  • Managing health care

Granted, the health care issue is a pretty large task to tackle, but in the coming weeks I will address these other small business challenges and more. Check back frequently for practical tools and techniques that will help you immediately improve your bottom line.

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December 8, 2010

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Comments

2 Responses to “Small Business Leadership Training”
  1. Chris says:

    Positive Net Cash Flow! Right on Bob. Especially when you put the driving reason is “choices” for this objective. I wish you had not told the story about the EBITDA reply, now that it is in my head I am afraid I might use it! I wont but it is a great neutralizer to that question.

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