On a call the other day I had someone comment they were the “incredible shrinking company”. Although a few industries proved to be recession proof, most of us had to take a hard look at our business and make significant changes to ensure sustainability.

I value old sayings like “When the going gets tough, the tough get going” and “Necessity is the mother of invention”. The immediacy of shrinking business revenues forces us to take the actions necessary to get our business back on track. And for the majority, it’s been a dramatic transition from where we were just a short time ago.

From my experience and listening to the views of other business owners and managers, there are 10 basic fundamentals that most agree on.

1. If you don’t love what you do develop an immediate plan to get out, however painful.
2. If you used to love what you do but are in a “recessional funk”, do a reboot and reenergize with a clear vision and action plan complete with time lines and task champions.
3. Communicate your concise vision to your entire team and for those who don’t get it in a timely manner, politely suggest a new and exciting career path for them …outside your organization.
4. Address every hurdle keeping you from achieving your goals and take action, take action, take action!
5. Treat your people, customers and suppliers like they matter most.
6. Fine tune your menu of services through the “good to great” criteria. What are you passionate about? What are you best at? What gives you the best economic return? You need all three firmly in place for the best results.
7. If you are a generalist, fully understand this “convenience sell” from a customer perspective and make sure you have conquerable levels of quality across your diversified service mix. Good execution of one can win you another. Poor execution of one can cost you everything.
8. If you are a specialist, make sure your niche offering is still relevant. Sometimes a recession causes a slowdown that a recovering economy corrects and sometimes there is a permanent swing that doesn’t swing back.
9. There are many new ways to reach your existing and future customers. Experiment and assess what works best for you.
10. Make sure your product is solid, your message is compelling and you assign the proper resources to deliver it to your market with clarity, consistency and confidence.

Lee’s Quote for the day:
“If you always start with your toughest task first, the rest of your day can’t help but get easier”

When my kids were small, a regular routine at bedtime was telling them a story. I would sit at the top of the stairs and weave a tale inspired by recent events of one sort or another. Their favourite was about an old lady who lived deep in the woods. The Bucket Lady, as she came to be called, loved to catch children and scrub them clean when they were careless enough to enter her domain.

Okay a little weird, but they thoroughly enjoyed it and it went on for months. My kids, who were key characters in the story, got great pleasure out of cleverly avoiding the cleansing from the Bucket Lady on a nightly basis.

You might say that it was my first pre-internet blog. It was original content that resonated with my listeners, who looked forward to the next release and shared the story with their closest friends. Moving forward, we’re now telling our story to a vast audience, eager to listen and share information too…if it’s relevant.

What’s involved? Personally I take a few hours every weekend to create my blog for the following week. After a while it becomes a habit. You let recent events shape the article and relay something you find interesting and others might too. Blogging is a big contributor to our significantly increased rankings on Google. Like any new initiative it takes time, someone in your organization needs to champion the cause and collaborative writing across your team is a big help.

Lee’s quote for the day, “It is better to have blogged and not been tweeted then to never have blogged at all.”

"629,000 results. Wow. And all this time I thought that Googling yourself meant the other thing."

What do you do when you are puzzled by something? You google it, like everyone else, since Google is the dominant search engine. Today millions of business professionals are only willing to reach as far as their keyboard for the answers they need. The question is will they find you? Do yourself a favor, Google yourself and find out if you are on the first page. If you’re not, here are some things you can do to increase your visibility on Google:

1. Update your employees’ profiles (photos, bios, links to their online profiles)

Web analytics reveal that the most viewed pages are the About Us and Contact Us pages. Why is that? It is driven by genuine human curiosity. People want know who they are doing business with, their names and faces, and not only that, they want to contact them too!

2. Blog, Blog, Blog.

As highlighted in our previous blog articles, there are many benefits in blogging. You can write about the things your customers want to know, share your insights in the market, and anything else that may interest your clients.

3. Incorporate Social Media on your site.

Social Media creates much larger audience groups for businesses. The Internet is a public and social place and having social media incorporated within your website means you are connected to more people more topics and subjects, thus increasing the chances your website will be picked up by Google’s search engine.

What else do you need? Commitment, Commitment and Commitment! It is a full time job to maintain your website and do it right. Update your website, blog and social media frequently, as a less active site is not going to rank well on Google.