Here’s what we will cover today:

• Learn 2 proven tips for sustained business growth

• See how to effectively plan and scale your company

• Discover apps to improve your mental health when working remotely.

Quote of the Day

"When you compete with a person, you only have to be as good, or better than the person to win. If you compete with yourself, there is no limitation to how good you can be.”
~Chu Chin-Ning

Today’s Tip

For sustained growth, businesses should focus on constant self-improvement rather than merely benchmarking against competitors. This involves regularly assessing your operations, identifying areas for improvement, and embracing continuous innovation. By doing so, your business can stay ahead of market trends and foster a culture of excellence. This proactive approach can lead to the development of unique products, services, and processes that differentiate your company in a competitive landscape.

Prioritize customer feedback and use it to refine your offerings. Engaging with customers and understanding their evolving needs can provide valuable insights that help you enhance product quality and service delivery. Leveraging data analytics to anticipate market demands and investing in research and development are also key components of this strategy. These steps ensure that your business remains adaptable and resilient, propelling growth and securing long-term success.

Today’s Resource

Do you have the right plan?

The right strategic plan for your business includes:

1) the best strategy to follow

2) a written roadmap so there’s no confusion as to what your team needs to accomplish and when

Our strategic plan template allows you to quickly create a winning plan.

In no time, you’ll have a strong plan to follow so your company wins.

Why play the game of entrepreneurship if you’re not going to win?

Create a winning strategic plan 👈

Trivia

Today’s Question: What company that was the fourth most valuable brand in the world after Disney, Coca-Cola and Microsoft as recently as twenty years ago filed for bankruptcy in January 2012 having failed to adapt to the digital age?

Previous Question: Which now-famous company was first discussed in a student’s college term paper, was panned by the professor, and didn’t launch until many years later?

Previous Answer: FedEx

FedEx founder Frederick W. Smith wrote a term paper at Yale in 1965 discussing the economic inadequacies of the passenger route systems used by most air freight shippers at the time and the need for shippers to develop a system for time-sensitive air freight.

His professor found the premise improbable, and gave Smith a “C” on the paper.

After graduation, Smith enlisted in the Marine Corps and served two tours of duty in Vietnam. After that, he revisited his initial idea, and raised $80 million to launch the company. FedEx is now one of the world’s most successful companies.

Tools of the Day

Ploogins: Discover Useful WordPress Plugins With AI

Hubspot: Hubspot’s Blog Ideas Generator

News

How to identify AI. How to spot AI-generated text, videos, photos, and more.

Apps to Improve Your Mental Health While Working Remotely. This could be helpful to you and/or your employees.

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