{"id":8112,"date":"2013-01-02T07:26:03","date_gmt":"2013-01-02T12:26:03","guid":{"rendered":"https:\/\/bhgrealestateblog.com\/?p=8112"},"modified":"2024-12-30T11:11:06","modified_gmt":"2024-12-30T16:11:06","slug":"build-a-better-business-with-a-solid-growth-strategy","status":"publish","type":"post","link":"https:\/\/bhgrecareer.com\/bebetterblog\/build-a-better-business-with-a-solid-growth-strategy\/","title":{"rendered":"Build a Profitable Business with a Solid Growth Strategy"},"content":{"rendered":"<p>Identifying, creating, developing, and following through on a <strong>solid\u00a0growth strategy<\/strong> is like writing a book report. Getting started is always the hardest part.<\/p>\n<p><strong>Building your business<\/strong> by design requires a developed plan. \u00a0That plan serves as the compass to guide your course of action. If the plan is effective, it leads to the kind of <em>productivity and profitability<\/em> that enables you to <em>build a business<\/em> that will continue to excel and evolve.<\/p>\n<p>Unfortunately, while many agents have good intentions, they fall short when it comes to following through on their strategy. In some cases, actions and habits developed over the years are no longer effective or the strategy truly never materialized.<\/p>\n<p>I see time and again a scenario where agents formulate strategies around their own comfort level rather than what is likely to be deemed effective by the consumer. It is difficult to <strong>create an effective strategy<\/strong> if you have never been exposed to one. Even a glimpse at a <strong>well executed strategy<\/strong> can serve as a catalyst for an agent to kick up their results a notch or two.<\/p>\n<p><span style=\"font-size: x-large\"><strong>3 Basic Growth Principles<\/strong><\/span><\/p>\n<ol>\n<li>Any strategy should be customized and personalized to the individual\u2019s skill set, desire, and commitment.<\/li>\n<li>There needs to be a conversation with an owner, broker, manager or coach that can objectively share their feedback regarding suggested action steps, methods of measurement, required timeframes and conversation to determine effectiveness.<\/li>\n<li>Build into the plan the opportunity for observation, experimentation, and self discovery.<\/li>\n<\/ol>\n<p>Each one of these can be achieved by implementing a mentoring system, role playing with peers and shopping the competition. Keep in mind that most strategies are only proven to be effective when the actions prescribed are clearly understood, feedback is shared, and accountability is determined and expected.<\/p>\n<p><span style=\"font-size: x-large\"><strong>Why You Need a Strategy\u00a0<\/strong><\/span><\/p>\n<p>Selling in this environment without an <strong>effective strategy for growth<\/strong> is like trying to hit a bulls eye in the dark. Anyone can get lucky every once in a while. However, hitting that bulls eye on command takes commitment and consistency.<\/p>\n<p>A <strong>solid\u00a0growth strategy<\/strong> not only helps produce better results but instills confidence, enhances self esteem, and encourages an agent to stretch their abilities through innovation and creativity.<\/p>\n<p>From my experience, agents are typically their own worst enemy. They stop themselves from growing, learning, and developing into the kind of sales pro that would make any owner, broker, manager, or coach proud.<\/p>\n<p>Like the stars in the sky, we all have the ability to sparkle and shine. It all starts with the \u201cright\u201d strategy. What does yours look like?<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Identifying, creating, developing, and following through on a solid\u00a0growth strategy is like writing a book report. Getting started is always the hardest part. Building your business by design requires a developed plan. \u00a0That plan serves as the compass to guide your course of action. If the plan is effective, it leads to the kind of [&hellip;]<\/p>\n","protected":false},"author":181,"featured_media":8158,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[41],"tags":[6171,6191,17621],"class_list":["post-8112","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-planning","tag-business-development-strategy","tag-business-growth-strategies","tag-growth-strategy"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Build a Better Business with a Solid Growth Strategy<\/title>\n<meta name=\"description\" content=\"Building your business by design requires a solid growth strategy. That developed plan serves as the compass to guide your course of action.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/bhgrecareer.com\/bebetterblog\/build-a-better-business-with-a-solid-growth-strategy\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Build a Better Business with a Solid Growth Strategy\" \/>\n<meta property=\"og:description\" content=\"Building your business by design requires a solid growth strategy. 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