Grow Your Business - Think With The Collaborative Factor in Mind
A recent study found that 20% of the revenue generated by the top 2,000 US and European companies annually comes from alliances. If you are BIG business this is great news - if you are a SMALL business – even BETTER!
Collaborative Alliances are quickly becoming an embraceable business tool to grow your small business or practice without committing yourself to expensive, more formal, expansions into new markets. Webster’s defines alliance as – an association to further the common interests of its members… clients…. or customers. That means, your ability to maximize revenues, visibility and credibility increases substantially when you think with the Collaborative Factor in mind.
Think Bigger - Think of your business in terms of solutions being your business intelligence – what can you do with what you know?
Think Collaboratively - You must begin to think collaboratively and that takes a different mindset. No longer think you are flying solo and that you need to go it alone. Instead, embrace collaboration with like minded professionals from outside of your industry or niche.
Think Virtually – Don’t limit yourself to just live events, services and products. Instead think of leveraging the best resources, minds and technology from around the globe. What people, products and services can you put together?
Today’s Collaborative CEO must realize the competitive edge in business is in finding unique ways to apply what you know and who you know.
Collaborative Action Challenge: Reach out to someone in this community to explore how you can successfully collaborate while cooperating in building each other's reach and access where you, your alliance partner and your clients win! POST YOUR RESULTS AND COMMENTS HERE!
Collaborative Alliances are quickly becoming an embraceable business tool to grow your small business or practice without committing yourself to expensive, more formal, expansions into new markets. Webster’s defines alliance as – an association to further the common interests of its members… clients…. or customers. That means, your ability to maximize revenues, visibility and credibility increases substantially when you think with the Collaborative Factor in mind.
Think Bigger - Think of your business in terms of solutions being your business intelligence – what can you do with what you know?
Think Collaboratively - You must begin to think collaboratively and that takes a different mindset. No longer think you are flying solo and that you need to go it alone. Instead, embrace collaboration with like minded professionals from outside of your industry or niche.
Think Virtually – Don’t limit yourself to just live events, services and products. Instead think of leveraging the best resources, minds and technology from around the globe. What people, products and services can you put together?
Today’s Collaborative CEO must realize the competitive edge in business is in finding unique ways to apply what you know and who you know.
Collaborative Action Challenge: Reach out to someone in this community to explore how you can successfully collaborate while cooperating in building each other's reach and access where you, your alliance partner and your clients win! POST YOUR RESULTS AND COMMENTS HERE!
Replies to This Discussion
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Permalink Reply by The Gift Chef on -
Thanks Janet! Thinking BIG is what enticed us to be entrepreneurs. It is staying in this capacity that creates challenges. I thank you for reminding me of my differential advantage!!
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Permalink Reply by Janet Wise on -
YOU are right on!!
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