Blog

1 Strategic Incongruency

Strategy, to be effective, must be congruent.

If balance and consistency between different parts of the business strategy are lacking, the resulting incongruence compromises the prospects of business success. Strategy congruency means that there is a reasonable connection between one part of a strategy and another part of a strategy. The purposes of one part of the enterprise are complementary to those of another part of the enterprise. The goals of one division are supportive of, and in parallel with, the goals of another division. 

1 No Plan

A surprising number of companies operate with no plan.

If you operate with no plan, you are proceeding in reliance on spontaneous, reactive, and even impromptu action—rather than on the basis of deliberate, considered approaches to the business. If what is to be done is not much thought about in advance, the opportunity for reflection, consideration and choosing the best way is quite limited. Without a plan, the benefits of plans—focus on priorities, assignment of responsibilities, accountability for results—cannot be realized. Enterprises with plans achieve greater and more frequent success than those that lack them. For as it has insightfully been said, failing to plan is planning to fail.

Not having a plan is a mistake.

In Lewis Carroll’s classic book, Through the Looking Glass, the Red Queen prophetically informs Alice, “You must run as fast as you can just to stay in the same place. If you want to get ahead, you must run at least twice as fast.” Today, however, even running as fast as you can will not necessarily allow you to stay in the same place. To cope with and prevail in the challenges of life today, you need an effective strategy. You need either to do what you did before—very, very well—or to do something differently.

I know what you are thinking right now…

“Why on Earth would you write an article about how to screw up my business, Parthiv?”

Because, frankly because you are likely guilty of this most despicable of business sins. 

If doing business was a religion, and I was the “Pope,” I would have any business owner who had been doing business for more than 2 or 3 years - who make this unforgivable mistake - declared apostate and force them from the hallowed halls of the faith.  

If you’re brand new, then I can forgive you…

Jeff Bezos is a piker…

An absolute pauper compared to the richest single man in the history of the world. 

This man built an unbelievable…

Almost unfathomable fortune during a time when there was no Internet, no email, no wide use of the telephone, no fax machines, no FedEx or UPS, and basically none of the advantages we have in business today. 

And still this man built an inflation adjusted fortune of $340,000,000,000.00 ($340 billion)!

I’m a data scientist.  Now before you roll your eyes and stop reading, stick with me because this is critical to the continued success of your business. 

Whether you decide to work with me or not, you MUST understand something if you want to continue to grow and prosper…

Are you a physician, dentist, info-marketer or financial advisor? Do you have a business plan?

Most who reach out to me for business planning help don't have any type of plan in place.

The tool we use at eLaunchers is called LivePlan. I'll share how you can use this valuable business planning tool in your business.

Physicians, dentists, info-marketers and financial advisors need good business planning and access to real-time financial information.

Most people don't like Mondays. This past Monday I can say I absolutely loved. 

Do you know the legend Dan Kennedy? He was my mentor, my coach, my friend. Unfortunately he became very ill and was in hospice. There was an outpouring of love and prayers and I truly believe that has true healing powers.

My mentor, Dan Kennedy, taught me to "go deep". While most people forget what they learned yesterday, I "go deep" when Dan Kennedy is speaking. There's a quote he says that I love, he says “I know the mind, like the parachute, is most valuable open." I agree with these words a 100%. You'll always find me in the front row, taking feverish notes, mindmapping what I've learned, and putting it all into action.

Dan talks a lot about super-achievers and what makes them different. They are not distracted; rather, they remain focused on taking the tiny steps and maintaining an accurate routine to achieve their goals.

Today I wanted to share with you something I pulled out of my Dan Kennedy NoBS Inner Circle archive. Would love to know your thoughts on it. Leave me a comment below.

Nowadays, a degree isn’t a guarantee to success. The job market is a battlefield and diplomas are not the only things that matter.

In fact, HuffPost claims that for the first time college graduates are more likely to be unemployed than an average US citizen. Employers are now looking for skills beyond what a college degree can provide.

So, if you want that dream job, you’ll definitely need to add some extra skills to your resume.

One of the best ways you can get ahead of the curve is by finding a mentor. Mentors can help you make sound career decisions and guide you to overcome hurdles on your way to success. And here’s how: