Posts by Mike Mann
What’s Your Working Style: 4 Unique Styles
Anyone who’s paying attention to what’s going on in their company, either at a department level or companywide, knows that there are a few key people who make things work. You’ve probably noticed this on your own team; people have different work styles and some are more important to the team than others. But the truth is…
Read MoreGet the Right People on your Team
Once you have designed a profitable business strategy, it’s time to find the right people to execute that strategy. The right people will follow the plan and grow your business. The wrong people will only do enough to look like they are working and take home paychecks they haven’t actually earned. You will know the…
Read MoreWhat are Best Practices?
My business book describes many “Best Practices.” A Best Practice is an ideal procedure for your business. It might be a certain hiring strategy, a certain production plan, or a certain marketing technique. You must employ a Best Practice in each of these areas to be successful. Get the right people on your team, find…
Read MoreTake Nothing for Granted: Choose a Good Name!
To set your business up for success, you must choose a good business name. The wrong name can set you up for failure regardless of what you do, while the right name can give you a huge starting boost. Your name needs to be easily found online, and it needs to describe what you do.…
Read MoreTake Nothing for Granted: Write a Plan!
The market changes rapidly, and you must constantly change with it. You can never take anything for granted, especially what happens within your organization. Your business will never make millions unless you constantly reexamine every process in your company. Never assume that you will be profitable tomorrow because you are profitable today. Get the Right…
Read MoreFinding the Right Industry for You
Most people make the mistake of choosing an industry they have experience but little interest in, but it is actually better to do the opposite. If you need a backup to your ideal plan, it is better to go with a field you are passionate about but lack experience in. You can always educate yourself in the industry as you get started. It’s the passion you feel that will provide the drive you need to be successful.
Read MoreMankind is Your Business
Businesses must focus on people to be successful. You can offer excellent products and services, but if they don’t fulfill a need, you won’t find any buyers. On the other hand, if you meet people’s needs, they will come back to you, and they will bring their friends with them.
Read MoreA Long-Term View
If you’re not looking ahead, you’re falling behind. At all times, you must be looking toward the long-term future of your business or charity. This requires intense focus, hard work, and an ability to multitask. You must set demanding goals and simultaneously pay attention to the big picture and small details. Above all else, you must have full confidence in yourself. There is no room for self-doubt in business.
Read MoreBuying and Selling Domains
If you look at DomainMarket.com, you can see countless examples of what we’re talking about. Suppose you want to go into the religious travel business. You can purchase the domain SacredJourneys.com from us, which is perhaps the most intuitive name out there for this type of business. The vast majority of our domains are similar—they are already optimized for a given market because their names are based on keywords in that market.
Read MorePassion for Your Work
Starting and growing a new business is not to be undertaken lightly, nor is it for everyone. It requires a huge amount of passion and internal motivation. The importance of being passionate about what you do cannot be overstated. Whether you are starting a new business or working for someone else as a career, you must be passionate about what you do.
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