Getting through ItAlive and Well

Presented by

Jan F. Triplett

CEO, Business Success Center

5 CHALLENGES

3 RESPONSES

Challenge #1

• Economic• Ex.

• Access to capital• Leg.

• Credit Union S.2919• Restoring Financial

Stability S.3217 (finance charges & investor issues)

• Taxes ($18 billion shortfall in TX)

The world is not at your door. It is sitting at your table eating your food!

CHALLENGE #2

•Political• Ex.

• Regulations• 96% of all TX

businesses small (APA)

• Leg.• Patient Protection

& Affordable Care Act - paperwork

• HIRE – Hiring Incentives to Restore Employment

• Insurance Reform – paying for the mandates

CHALLENGE #3

•Environmental•Ex.

• Green• LEEDS

•Leg.• Green Cert

(Austin)

CHALLENGE #4

•Technological•Ex.

• Social Media• Changes to

decision maker

•Leg.• Banking• State Financing

(expanding TX gov)

CHALLENGE #5

•Social• Ex.

• How people view themselves (ind. Vs. employee)

• Leg.• H.R. 5156

Amending Labor Relations Act

• Education (TX)

RESPONSES

Response #1

•Vision• Total Picture

• What you’re selling• Platinum Customer• Positioning• Pricing

• 40K ft view as owner/investor not just manager/employee

Response #2

•Focus• Run it right

• Books in order• Sales Process• Financial

knowledge• Prioritize

• Do what’s appropriate for your business stage

Response #3

•Activism• Local• State• National• International

You can’t just work in your business. You have to be on top of what is happening that affects your business.

Here’s to your Success!

Jan Triplett, Ph.D

www.bscusa.comTwitter@JanTriplett

LinkedIn@JanTriplettFaceboook@JanTriplettwww.ownersview.com

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