The NCAA was tired of watching Lew Alcindor beat opponents by dunking the ball over their heads effortlessly, so they outlawed dunking in college basketball. Coach John Wooden talked with a distraught Alcindor and told him to forget what was and focus on what is. He then encouraged him to find a different way to shoot, thus the Sky Hook was created. When Alcindor turned pro where dunking was legal he was doubly equipped to score over opponents with two deadly shots.

We need to focus more on what is and what will be than in what was.

Business owners are still wishing for a return to how things used to be, wishing for the clock to roll back to the good times. Forget what was; let’s deal with winning with what is.

Be in the present

I am asked frequently about what can be done to win in the present times. Here are my tips for finding success in the current economic climate. It all starts with the fundamentals.

Stop comparing

Businesses have a habit of comparing this year with the year before, the best year, the worst year and the same month of the previous year. Forget it. The comparisons are unfair. Why are they unfair? Because they are not comparing equals. New businesses come to town, traffic patterns change, economic shifts happen beyond your control, and buying habits of consumers change. Sadly in good times we loved those comparisons because they improved (frequently beyond our control) and we loved the ride. Today those comparisons beat us down. To borrow from John Wooden once again – forget the winning and the bottom line. Take care of performing the fundamentals with excellence and the winning will take care of itself.

Focus forward

Looking at what used to be isn’t going to get us where we are going when the business world is so different. The rules of engagement have changed when dealing with employees, customers, vendors, and investors. Today’s times require a renewed focus on where you are going and what tools are the best to use to get you there. An Internet presence has never been more important than today, the ability to make changes rapidly has never been as necessary as today, and being able to find the hidden pockets or revenue has never been as important in your business’s lifecycle as right now.

It’s time to navigate where you are going not where you have been.

Hard work and hustle

With the advance of technology greater demand is placed on small businesses to keep up on all fronts; and it seems fronts keep adding on! Not only do you have to be on the front page of a Google search, you need to have a solid presence in social media and have multiple sites, and that is just in the online marketplace.
I hear all the time from small business owners, “How am I going to get everything done?” In this economy where everyone is going after scarce dollars the winners are those who out-hustle and out-work the competition. Many businesses got away from the basics in the good times. Now it’s time to ramp up the effort, energy and commitment.

Try stuff

If you aren’t experimenting, innovating and trying new things on a daily basis your business will constantly be playing catch up. Forget perfection. Forget trying to find a groove. Try stuff and embrace the volatility of change and you will see your victories returning like it used to be.

Consumers, whether individuals or businesses, are overwhelmed with a barrage of information and choices. As a result, they often shut down and avoid the buying process altogether.

Use these questions to apply the information Russell provides to fit your organization:

1. Do we need to pare down our product and service offerings to a more manageable level so we can offer more complete, better-informed suggestions to our potential customers? How do we do that?

2. Once we have reached the decision-making stage, how do we simplify that process so that we don’t sabotage our sale by offering too many options or too much information?

3. How can we distill out marketing message down to the most important thought we want to communicate?

Many organizations are afraid to spend marketing dollars these days claiming no one is buying. Some organizations are “hoping” for growth but not willing to make the effort to grow, or try new things to grow.

Normally, I try to teach the cutting edge and challenge executives to try new things, but today here is a reminder of a tried and true technique that need dusted off, that’s old school, but still works.

Growth strategies are not always new and innovative; sometimes the growth opportunities can be easily accessible and right in front of you. In advising a fellow speaker about growing her business I told her the easiest sale I can make is to one of my audience members. They have heard my information, delivery style and feel a connection. They know me and my approach to growth strategies. When they come up to me afterward and start asking about available dates on my calendar I know it’s mine to lose. Why does this happen? It’s the connection.

The same thing goes for my corporate clients who use me year after year — They know I am good; therefore, it’s easy for me to get to the point of sale. What about your current clients or customers? Do they feel comfortable enough with you to open up and share what’s really going on in their organization?

Get Interested

Every company is experiencing its own unique economic ride these days. How well are you tuned in to the specific journeys of your customers? Do the research, interview key executives of the client, get to know their situation. Trust me, right now people want to talk and tell their story. Whether it is a go-against-the-flow story of having a great year, or telling a tale of woe, people like to be heard. Show interest, listen and do not sell. That’s right don’t sell, just be the friend with the ear. Not only are you gathering information for a later sales call, you are being the friend they need right now. The more they know you, like you and trust you, the more they will want to do a greater amount of business with you.

Of course this is nothing new, but I see few organizations grabbing this opportunity. They are still pressing the sales staff to find new sales, to bring home the big new contract, when the best thing these sales people can do is grab a box of Krispy Kremes and a few coffees and make a call on a good current client and talk about the state of the industry, the economy, and that client’s tale to tell.

Be the friend, and set down the order pad for a couple of visits. Be the ear they want to use to brag, let off some steam or just chat with.

People buy from those they are most comfortable with and we all know it’s easier to sell to a current client than go find a new client. The key is you don’t just want current clients, you want current clients who find you indispensable, and not just because of the products and services you offer, but because you are someone they need.

We all face adversity, challenging times and tough moments in our lives. Those who succeed have the ability to bounce back from these trying times and elevate their drive to overcome and achieve. Learn how to improve your bounce.

To get a prospect’s attention you need to grab their attention. To grab their attention in the age of information and overwhelming sales pitches, you need to deliver a Shock and Awe approach they will immediately identify with. Here is how.

Technology is amazing how it can transform tasks and the flow of information. Without technology we wouldn’t be able to operate at the speed with which business moves today. Although technology has transformed our daily tasks, it has not replaced these critical components of success I’ve noticed lacking in the technological world. In fact, technology may even hinder these important pieces of success.

Hustle

Drive

Persistence

The ability to communicate

Interpersonal skills

Focus

Discipline

Commitment

Attitude

Belief in oneself

The next time you want to learn a new app for your technology; consider relearning one of these old apps instead. I believe the more hustle app will help your personal success much more than the TMZ app for your phone.

Can you imagine your every move during a disaster being scrutinized and reported to the world. BP is giving us a vision into the future of business reporting. Is your business ready for the microscope of attention during your worst times? Just looking at the drop in BP stock says the cost of mistakes has significantly gone up.

To prepare for such close scrutiny:

• Manage the news from the beginning by being upfront and forthright with information.

• Throw the kitchen sink at problems. Time is measured in nanoseconds in today’s world.Mistakes and disasters will happen to your organization at some point.

• Be financially ready for the dip in orders and possible stock backlash.

• Expect external finger-pointing while you are still in solution mode. Maintain focus.

• Once the problem is finally solved. Develop a white paper on everything you learned in the process and share it with the rest of your industry as a gesture of commitment to preventing this from happening again. If you don’t do it, someone else will with an edge of blame and contempt. Rebuild your reputation on your own terms with this first step.

I’ve heard it called paying your dues, sweat equity, falling on your sword, and doing what it takes to survive. Bottom line it’s a red flag your business model is broken. What am I speaking of? Not paying yourself what you are worth.

I’ve never seen a business fail because the owner was being paid properly, but I’ve seen many businesses fail because the owner was not taking a check home.

If you are not getting properly rewarded for your efforts you will lose interest and energy and there is where the business failure comes from – you start just going through the motions.

You aren’t running your business to be a non-profit or damage your lifestyle. Remember why you started your company to begin with – to get paid what you are worth and improve the quality of your life!

If your business isn’t paying you enough to at least support the lifestyle you had when you started the business, why are you operating your business this way? It’s an important question to ask yourself.

This is not a question about your work ethic, how many hours you are putting in or how much desire you have to succeed. Ever watch a gerbil on a wheel? He has focus, desire and exerts lots of hard work but he never gets anywhere.

When you find yourself in this situation re-evaluate your business model because the red flag is waving indicating something is wrong. There is no joy or reward in being a martyr for your business.

1.  Begin the process at least a year before you want to make the transition.

2.  Recognize that a new set of skills will be a better fit for the future.

3.  Locate the best talent before it becomes a necessity.

4.  Clearly communicate the transition before it takes effect.

5.  When you make the transition, do so graciously by stepping away to let the company transform.

The Social Media Pool Rules

Before you dive into the social media pool you need to know the pool rules.

By Russell J. White

1. If you don’t want your boyfriend, girlfriend, BFF, wife, husband, mother, father, grandmother, priest, doctor, local newspaper, national press, TMZ, Huffington Post, current employer, previous employer, future employer or any current or ex-friend to read it; don’t post it.

2. Anything you post is part of the public record and will be treated as such.

3. The best privacy protection for social media occurs between your brain and your keyboard.

4. Not everyone in social media can be trusted. Ask yourself: What if criminals read this information? Because they have and will continue to do so.

5. We don’t care what you ordered at Starbucks.

6. Just because you thought it doesn’t mean you should post it.

7. It’s great to wish someone a happy birthday, offer congratulations, condolences, support, love, respect and recognition. Otherwise, negative personal feelings might be better left to a private message.

8. Private messages can easily become public.

9. Don’t SPAM.

10.  If you did something great, let us know! If every day in your opinion you do something great, we will get tired of hearing it quickly.

11.  Adding attractive “friends” doesn’t suddenly make you a stud.

12.  There is a difference between networking, voyeurism and stalking. Know what it is and act accordingly.

13.  Keep in mind those party pictures you post could follow you for decades, even after you have removed them from your page.

14.  Deleting someone from Facebook doesn’t actually make them go away.

15.  Even “nom de posts” can lead back to the real person – with consequences.

16.  Never meet a Craig’s List purchaser in your home or their home.

17.  Links are great to share unless they always lead back to something you are selling or have written.

18.  Being opinionated is fine. Expecting no one to be offended is unrealistic.

19.  When talking about your job, customers, boss, fellow employees or the company who employs you, you are speaking as an employee.

20. Geo-location software is a criminal’s new blue light special. Don’t announce every time you leave your home.

21.  If you monitor your friend, fan or follower counts and brag on them, your ego is misplaced.

22. If you spend hours on your “farm” or in your “Mafia,” you might want to evaluate where you could otherwise use that time to improve your life.

23.  If you automate tweets, posts or responses, there is nothing social about your social media involvement, so stop it.

24. Nurture the social relationships that are most important to you.

25. Zuckerberg’s law: The less you want your social information to fall into the wrong hands, the more likely it will.