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HouseTalk – 5 Steps to Rekindle Lost Opportunities

“5 Steps to ReKindle Missed Opportunities” a repost by Coree Silveri and thanks to Laura Sultan for suggesting it.  Both are members of the Women 2 Women LinkedIn Group.  This is excellent and I wanted to pass it on to all of you!

How many times have you let an opportunity fall off your radar, or worse, completely missed an opportunity because you didn’t take the time to ponder the possibilities with a contact?

Don’t write those off as lost opportunities so fast. Like the smoldering wood of a once burning fire, what appears to be a missed opportunity cold from neglect may just need a little attention to rekindle into your next hot business idea.

No one enjoys being forgotten or neglected, yet at one point, we’ve all either had it happen to us or we’ve been the one that has forgotten to follow up.  While it is unfortunate circumstance, it doesn’t have to be a permanent one.  Since we’ve all done it there’s no reason to be embarrassed or uncomfortable about reestablishing a business conversation that fell wayside.

Every business owner wants more business.  So, don’t feel weird.

Here are my top 5 steps for rekindling missed opportunities into new business:

1.  Search Your Calendar, Day Planner, or Journal

Spend  some quality time looking back over the past few months.  How far you go back depends on how long it’s been since you’ve done this exercise.  If this is the first time you may want to look over the last 12 months, otherwise go back at least 3 months.

Take notice of where you spent your time and which appointments you had that did not produce results.

Try to remember the people you met and the conversations you had. Did you follow up as effectively as you might? Did you explore all the possibilities?

2.  Clear Out The Clutter

Go through and clear out all the places you stick your miscellaneous papers and notes:  Your Rolodex, business card file, smart phone, purse, wallet, briefcase, or car.

Don’t throw away or delete anything until you have thought about potential opportunities.  Look particularly for people who’ve slipped off your radar. Which business relationships may benefit from some rekindling?

See that pile of business cards that you set on your desk when you came home all pumped up from your last networking event?  Rekindle that great sense of achievement and gusto you had and go back through the cards now with a fresh outlook.  What was it that was so interesting back then? Did you write any notes on the backs of the cards?

If you use a Poken to exchange social media contact info instantly at events, go back through and check out the profiles of those you spoke with.  Has anything changed?  New jobs? New products?  Find a reason to reach out.

3. Clean Up Your Inbox

I am admittedly one of the worst at returning emails and am making a public apology right now to everyone that I have not gotten back to.  I don’t mean to do this, but I am a confessed multi-tasker that has fallen off the wagon.  Great intentions, lots of ideas (too many ideas…maybe that’s my problem), and joint venture opportunities lie dormant because of lost focus or dizzying distractions.

Regularly clearing your email inbox is a major accomplishment and quite a liberating experience.  Sort, take action and get rid of the rest.

A bit of my own advice:

Don’t leave email sitting in your in box. Organize in folders, when you check your email take action immediately by scheduling to calendar, replying, or moving to your to-do list if it needs more thought.

4.  Get Through Those Files

Ugh, the dreaded deed.  Papers shoved inside slightly corresponding folders, folders sitting in piles on the desk waiting to be organized, mail and notes kept with some intention of follow up still staring at you with guilty eyes.

make moneyPicture the stack of money with eyeballs atop from the Geico commercial.  “Hey, this is the money you could be making if you called this contact”

Chances are amongst that junky looking mess there are some golden opportunities waiting for you.  After all, you kept some of that paperwork for a good reason.  Now go find it, take it out of the file, and take action on it.

5. Make An Announcement

Post an article on your blog or and update to your Twitter, Facebook or LinkedIn profile inviting your friends, followers, and customers to point out missed opportunities.  Write and send out an email or bulletin to contacts or staff asking them their thoughts on opportunities you may not have seen or inviting them to kick you in the pants for not following up on what they saw as a great business idea.

Male and female alike, we sometimes underestimate ourselves or fail to see a natural talent we have that could be our profitable passion. So often others see things in us that we cannot see ourselves. Ask for outside opinions, listen to suggestions, and be willing to accept a compliment.

Act on the suggestions and opportunities that feel right.

By taking these 5 steps and applying them on a quarterly basis you’ll have a system to keep you fanning the flames of still smoldering opportunities.  You may never be the super follow-through genius that never misses a beat…but, you don’t ever have to miss an opportunity again.

What are your best tips for rekindling missed opportunities?  Have you ever experienced a business success from sorting through old information or contacts?  Share your thoughts and stories with us below.

To Your Success,

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P.S. –> Have I missed an opportunity?  Do you have a business idea, joint venture, or marketing opportunity you’d like to share with me?  Did I flake out and not return your email?  Forgive me…and please contact me to rekindle our business opportunity!  You can email me directly at coree[at]marketlikeachick[dot]com.
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March 31, 2010 Posted by | 1st Time Buyers, Community Information, Investors, Real Estate Tips, Repeat Buyers, Seniors on the Move | , , | Leave a comment

HouseTalk – IL Cell Phone Law Changes

HouseTalk (literally) I am always using my cell phone.  Along with all Illinois cell phone users – on January 1 – we will all need to make adjustments.  The law changes are below.
Laws that Affect Your Mobile Businessby Kara Kienzler on December 28, 2009

37033948Text Messaging Ban

Effective January 1, 2010, text messaging while driving becomes an illegal act in the State of Illinois, with fines starting at $75. The law (Public Act 096-0130) says: A person may not operate a motor vehicle on a roadway while using an electronic communication device to compose, send or read an electronic message. Electronic message includes, but is not limited to electronic mail, a text message, an instant message or a command or request to access an Internet site. A stop sign or stop light does NOT waive this restriction.

This new law does have certain exceptions. They are:

  • a law enforcement officer or operator of an emergency vehicle while performing his or her official duties;
  • a driver using an electronic communication device for the sole purpose of reporting an emergency situation and continued communication with emergency personnel during the emergency situation;
  • a driver using an electronic communication device in hands-free or voice-activated mode;
  • a driver using an electronic communication device while parked on the shoulder of a roadway; or
  • a driver using an electronic communication device when the vehicle is stopped due to normal traffic being obstructed and the driver has the motor vehicle transmission in neutral or park.

No Cell Phones in School Zone

busstopAnother new law that will take effect January 1, 2010 is vehicular phone use in school zones. According to the law (Public Act 096-0131) a person, regardless of age, may not use a wireless telephone at any time while operating a motor vehicle on a roadway in a school speed zone or on a highway in a construction or maintenance speed zone. There are a few exceptions such as a person engaged in a highway construction or maintenance project for which the speed zone is established, a person using the wireless telephone for emergencies, or a person using a phone in voice-activated mode.

Reminder on Other Miscellaneous Cell-Phone Restrictions

Illinois has current statutes governing cell phone use by teen drivers and operators of a school bus. Drivers under the age of 19 are prohibited from using a cellular device or any type of hand-held communication device wile operating a motor vehicle.

Additionally, Illinois is one of six states that allow municipalities to establish their own laws regarding cellular phone use while driving. Chicago’s hands-free ordinance went into effect on July 1, 2005.  The Chicago law makes it illegal for drivers to talk on cell phones while operating a motor vehicle without a hands-free device.

Be sure to investigate similar municipal regulations before your travel.

(source: http://www.drivinglaws.org/ill.php)

December 30, 2009 Posted by | 1st Time Buyers, Community Information, Investors, Real Estate Tips, Repeat Buyers, Seniors on the Move, Uncategorized | , , , , , | Leave a comment

HouseTalk – More on Extended Tax Credit

I know a lot has been said about the extended tax credit. However there are still many people who are not aware that the tax credit was extended to all home buyers. The $8000 tax credit for 1st time buyers was extended. A $6500 tax credit for “repeat” home buyers was added. If you have owned a home 5 consecutive years out of the last 8 years, you  may qualify for $6500 tax credit. There are income restrictions. You also have to be under contract for your home purchase by 4/30/2010 and close on the home by July 1, 2010. For specific information – check out

https://www.remax.net/marketing/downloads/Lists/Downloads_Library/Tax_Credit_Repeat_Buyers.pdf

Yesterday, I was holding a public open house and a potential buyer dropped in that was not aware that the tax credit was available to non-1st time buyers. $6500 isn’t that much and may not be enough of an incentive for some buyers to make a move – but it will/or can cover the cost of new carpet, appliances, window coverings or replace some mechanicals in a home.  Combine the $6500 with low-interest rates and a great selection of homes – it makes sense to consider purchasing a home now.

These are just some of the buyers that may be eligible for the tax credit:    1)Seniors/retirees that are downsizing to another “primary” home, 2) investors that want to keep their existing home for a rental and purchase another home as their primary residence, 3) an individual that sold their home  in the last couple of years and is currently renting plus many other scenarios.  For more details, contact me anytime or also call your CPA to verify that you do qualify.

Spread the word to your family and friends that are considering a move.  April 30th will be here before we know it. 

 

December 1, 2009 Posted by | 1st Time Buyers, Investors, Repeat Buyers, Seniors on the Move | , , , , , | 1 Comment