Excellerate Associates

Excellerate Associates, the go-to business mentors for entrepreneurial and leadership development

  • Home
  • Members
  • Blog
  • Meeting Planners
    • Keynote Speaker
    • Speaker Topics
  • Media
    • About
    • Articles, Quotes and Tips
    • Images Gallery
    • Media Coverage
    • News and Story Ideas
    • Questions to Ask Lisa
  • Contact
  • Cart
  • Social Media Link Excellerate Associates
  • Social Media Link Excellerate Associates
  • Social Media Link Excellerate Associates
  • Social Media Link Excellerate Associates

Get Your Free eBook:
Elevate and Expand Your Brand

Free eBook
WBE_Seal SB_ALUMNI
  • Start Here
    • Schedule Your Discovery Session
    • Me Myself and Why
    • Meet Lisa Mininni
    • Success Stories
  • Events & Training
    • Events
    • Attend an Introduction to Scaling & Systematizing Your Business Workshop
    • Best Seller Profit System Workshop – Become a Best Selling Author
    • Create Your Signature Program
    • Self-Study Programs
    • Speaker Lab: Elevate Your Presentation Skills
    • Wake Up Profitable Boot Camp for Business Owners
    • Wired to Win 101: How Are You Hardwired?
    • Wired to Win! Your Path to Passion, Purpose, and Profit Workshop
  • Coaching/Mentoring
    • Schedule Your Discovery Session
    • View our Mentoring Programs
    • Profitability Lab: Introduction
    • Premier Coaching – Schedule Your Discovery Session
  • Excelleration App
  • Collaborate
    • Affiliate Program
    • Charity of Choice
    • Profitability Lab Leader Licensee
  • Business Innovation Lab

How To Get Your Cash Flow Handled

March 13, 2014 by Lisa Mininni Leave a Comment

howtogetyourcashflowhandled excellerateassociates.com

The Small Business Administration estimates that about 600,000 new small businesses are launched each year. Yet, two-thirds will only survive two years, 44 percent survive four years, and 31 percent survive at least seven years.

What’s the bottom line on the high rate of failure? At the top of the list – poor cash management contributes to these failures.

Cash flow is like the lifeline to the heart of your business. Without cash, you delay your ability to grow your business and get your talents and gifts into the hands of those customers who need it most.

In order to grow your business, you’ll need to have a positive cash flow; that is, more cash flowing into your business than leaving your business. It may seem like a no brainer that if you need more cash flow, you need to attract new customers or sell more services. For many, however, achieving a consistent positive cash flow is easier said than done.

So, it may be time to ask yourself this question: “What am I missing?” There may be several systems missing that have a direct connection to cash flow, including your accounting system. (View the video for these other systems).

If you don’t know your cash balance, you’re missing a major piece of your accounting system. You can remedy it by using a software, like Quickbooks. At a minimum, review your financials once a month by scheduling an appointment with your CPA or your Accountant.

Your accounting system is the very one you need to track your money and create a plan to make informed business decisions. Remember, cash flow is like the lifeline to the heart of the business. Without cash, you delay your ability to grow your business.

Do you know what the biggest heartbreak of all is if you don’t get your money handled now? Those clients who will be denied the solution you provide if you go out of business.


Entrepreneurial Edge System x 250 Want to discover:

  • How to set up continuous cash flow?
  • Proven ways to systematize and monetize your marketing?
  • Specific systems and processes that continuously fill your prospect pipeline?

Get started with the Wake Up Profitable with the Entrepreneurial Edge System Implementation Program. Discover the systems approach to profitability EntrepreneurialEdgeSystem.com

Filed Under: Blog Tagged With: cash flow strategies, how to get your cash flow handled

Reverse the Sales Process So Your Prospects Choose You

March 7, 2013 by Lisa Mininni Leave a Comment

In past years, the formula to convert prospects to clients involved a lot of networking, countless meetings, and endless phone calls.   Years passed between your first meeting and enrolling them as a client into your programs.

What also happened was that with each passing day, you feel like you’re not doing enough and your approach becomes more and more persistent.  You suddenly find yourself in pursuit mode rather than having your prospects choose you.

There are two major reasons you find yourself in pursuit mode rather than having them choose you:

  1. You spend too much time talking with people who are not your ideal client.  If you’re saying, “I work with anyone who…” hoping it will attract somebody, you’re likely talking with a bunch of people who would never buy from you.  You must be exact to attract your ideal client.
  2. Consumer behavior has changed but many business owners still use outdated selling processes that don’t work. The one thing hasn’t changed in converting a prospect to a client is building relationships.

What has changed is that technology can help you build relationships and trust but few business owners are maximizing it to pre-qualify, pre-educate and engage their prospects.   For example, entrepreneurs often create a website and call it a day.  Unfortunately, they build a website that does nothing to pre-qualify their prospect and capture that prospect’s information so that they can keep in touch with them.  More importantly, they don’t have a system that collects continuous data from their prospects.

Here’s how it plays out. Many consultants routinely try to sell a high-priced option the first time they meet with someone. When you do this, it’s like asking your prospect to marry you on the first date.

A better way to get a sale is to reverse the sales process by having a system that:

  1. Asks Your Prospect What Is Most Important To Them
    Many consultants fail to close on sales because they often push programs they developed based on what they think their prospect wants. Instead, find out what is most important to your prospect.  This information, in turn, will help you to create programs and services that your prospects actually want rather than what you think they want.
  2. Pre-Educates Your Prospect
    Too often a consultant will “dump” on their prospect in an initial conversation only to overwhelm them.  Consultants often do this because they want to convert the first time they sit down with someone.Instead, before your initial conversation:

    • Send your prospect a questionnaire to complete prior to a more in-depth session. It’s also your opportunity to find out what is most important to them or their biggest frustration, problem or struggle.
    • Use your existing resources. Request that they review your website where they can read up on you, testimonials from your clients, and get their frequently asked questions answered.
  3. Keeps Your Prospects Engaged
    There are many ways to keep your prospects engaged that might include a permission-based opt-in enewsletter, a blog, or even through social media.  Make sure that when you use one of these systems, you use them with regularity and always add continuous value.

When you set up systems that collect market data as well as pre-qualify and pre-educate your prospects, you begin to reverse the sales process so your prospects choose you instead of you chasing them.

Filed Under: Blog Tagged With: attract clients, closing on more sales, reverse sales process, sales conversions

Are You Ready to Receive?

November 22, 2012 by Lisa Mininni 5 Comments

From the moment I could write, my parents insisted that I send thank you notes whenever I received gifts.   I learned that it was a way of showing gratitude and acknowledging that person’s thoughtfulness.  I also learned to say thank you whenever someone commented or acknowledged what I had done well.

At the time, I didn’t realize how this lesson would prepare me later in life to grow my business.  What I learned is that thanking someone completes the cycle of receptivity, that is, the state of willingness or readiness to receive.

When it comes to expressing gratitude, it is important to let the giver know that you appreciated the gift.   When you shy away from a compliment or don’t thank the giver, it stops this cycle.

Gratitude is also that stepping stone toward manifesting more of what you intend to draw into your life.   So many times I hear from entrepreneurs how they want to grow their business. They look at every external strategy.

Yet, one of the first steps in manifesting more comes from Mastering your Inner Entrepreneur.*  If you’re not truly thankful for even the smallest gift or incremental change in your business, how can you be ready to receive more?

Over the years, I’ve found that the more consistently I applied my gratitude mindset system, positive results occurred much quicker.   You might keep a gratitude journal, use moments of prayer, or list all of those things you are thankful for each night before your day ends.

When your gratitude mindset system is integrated and consistent, you create a cycle that influences your focus, motivation, and results you intend to attract.   Thankfulness immerses you in the goodness of what is and in what is coming .

The next time someone sends you a referral, drop a handwritten thank you note in the mail to them.  You’ll probably be one of the few who actually does.  I make it a point to send thank you notes to people who send me referrals for speaking engagements.  Because my system is consistent so are the referrals for speaking engagements.  I will often get a phone call or email thanking me for the thank you note!

So, start that gratitude mindset system right now by sharing below what you’re grateful for…

______________

Lisa Mininni is best selling author of Me, Myself, and Why? The Secrets to Navigating Change and President of Excellerate Associates, home of the sought-after Entrepreneurial Edge System, a marketing and developmental system showing entrepreneurs how to grow their business from the inside out and in record time.

Filed Under: Blog Tagged With: gratitude mindset systems, how to grow a small business, inner entrepreneur, mindset shifts

Revealed: One Major Factor that Goes Into Building a Business Model that Works

August 26, 2011 by Lisa Mininni Leave a Comment

Your business model describes how your business creates, captures, and delivers value. There are key ingredients that go into its development, including purpose, offerings, strategies, infrastructure, organizational structures, and operational processes and policies.

While there are many factors that go into developing your business model, there is one key ingredient often overlooked by entrepreneurs: Your Inner Entrepreneur.

Entrepreneurs often try to execute a business model that worked for someone else but become easily frustrated when it doesn’t work for them. After hours of trying to execute their model, they wonder why their results aren’t the same. Despite implementing many tactics, the entrepreneur becomes discouraged, worn out, and exasperated.

This dynamic happens when the entrepreneur does not consider how they are naturally hardwired and how their hardwiring impacts the execution of that model. Hardwiring is natural to who you are. It is present just underneath the surface. It determines how you give and receive information and one of the filters through which you see the world. If you have taken any number of behavior-based tools, such as DISC or Meyers Briggs, you probably have some insight into your natural hardwiring.

When working with my clients, one of the first steps is to help them understand their unique hardwiring. After explaining components that make up a person’s hardwiring during a recent 3-day intensive live event, one of my clients approached me. With a big grin on his face, he remarked that what he learned in just one hour explained why he and his brother didn’t connect on many things for the last 50 years. He now had a brand new insight and adjusted the way he delivered information so he could communicate much more effectively.

Another entrepreneur had a business where he fixed computers. As you can imagine, it was very detailed work. However, this entrepreneur loved the part of his job where he hunted down the next business deal. He was consistently energized by that kind of activity. So when he came back to his business and was working on the detailed parts of his business, he often procrastinated. He also had to summon up a lot of energy to perform this detail and routine work. It was no wonder that he had a hard time staying focused and his results suffered. He was trying to execute a business model that was not congruent with his hard wiring (part of his Inner Entrepreneur). To a person who is energized by new ideas and needs to be consistently challenged, the execution of the routine part of his business model was boring to him yielding less-than-favorable financial results.

The activities that energized him were a clue to aligning his natural hardwiring and the execution of his business model. Once he created awareness of how his natural hardwiring influenced his execution of that model, he made a few modifications.

He shifted the way he worked and created a crew of people who enjoyed the detailed work, but didn’t like hunting down new business as much as he did. Armed with this new perspective, he built a compatible business model that worked for him, utilized his crew’s innate hardwiring and strengths, and better served his clients.

One small change to your business model and how you execute that model can be the difference between standing still or utilizing your innate strengths to build a business that works!

Filed Under: Blog

Remove Your Invisible Barrier to Attract More Clients

August 19, 2011 by Lisa Mininni Leave a Comment

When visiting my parents one bright sunny weekend, I noticed that my mother had a beautiful plant with purple flowers resting on her window sill.  As I was admiring her plant, a hummingbird approached the window desperately trying to reach these flowers.  He must have tried three or four times each time banging his beak against the window.  I thought he must have learned his lesson when he flew away to pause on a nearby wire.  As he darted his head back and forth, he shook off his frustration but looked completely confused as to what just happened. Instead of flying away, the tenacious little hummingbird flew in again, banging his beak against the window, in a frantic attempt to break through and reach the flowers. 

It got me thinking about the concept of invisible constraints or barriers many small business owners experience in today’s marketplace.  It’s kind of like the hummingbird who tried the same approach over and over expecting different results.  It also reminded me of the elephants at the circus that are tied down to a small stake.  It seems almost silly to believe anyone would think this would actually prevent an elephant from breaking free, but the conditioning comes years earlier when they are young and their feet are secured with a chain.  Their attempts to free themselves are so painful, and, as they get older, they never try again.  That experience imprinted this invisible constraint. 

The hummingbird and elephant parallel the marketing problems of small business owners who limit themselves by what they have done in the past instead of looking at a new way of connecting with their ideal clients.  Just like the hummingbird who tries the same approach or the elephant that remains apathetic, you may be affected by invisible constraints that you are unable to see, but are acting as a window blocking you from reaching your goals.

When I first meet with my clients, one of the things we review is their tactics for attracting clients.  I hear the usual responses, including advertising, marketing, networking, and contacting their existing clients.  When they mention that they are always busy, but they are not seeing the results, we dig a little deeper.  While we drill down to specifics like marketing frequency, business systems, marketing systems, stay-in-touch systems and sales funnels, we start to chip away at how connected, streamlined, and effective these tactics are for them.  As they review these tactics, I usually hear how this or that won’t work and other limitations. Once they hear themselves aloud, they start to realize that they are like that hummingbird hitting that invisible window.  When they let go of the self-limiting mindset, emotional barriers, apathy, ego, or bad habits that are getting in the way of a new or different approach, they create innovative ideas and solutions.

After working together, they almost always realize the very first step to breaking through their invisible barrier is when they became self aware.  Creating awareness of the basic infrastructure where you think and act in the world is especially important. When you create that kind of awareness about how you’re naturally hardwired and the way you think about things, there is a fundamental internal shift in your ability to think and act beyond existing limits or views.  You begin to open up to a different way of problem solving.

When one of my clients had a mental block on where to look for a specialized resource for one of her projects, she used a coaching question I often used with her, which is “where in your life could you find the answer right now?”   The question is based on the premise that everything you need is in your life right now.  As she thought more about it, she realized that her resource was right in front of her the entire time.  She found the person in a volunteer group she belonged to.  She was trying to look everywhere other than the existing resources that were in her life at the moment.  She also realized that she tried to do everything herself (a throwback from times where she couldn’t ask for help because she felt she had to do it all alone).  With this new found awareness, she began to also think about other aspects of her life and business breaking through some of her self-imposed limitations.

Often times, if you are unaware of your framework that you base your thinking and decision making, you overlook that which is right in front of you.  Once you become aware of that framework, it’s almost as if an invisible window is lifted and the solution appears.  A mindset shift can be one of the most powerful marketing strategies to attracting more clients with less effort.

Filed Under: Blog

  • 1
  • 2
  • 3
  • …
  • 13
  • Next Page »

Members Login

Click to login

Download(s)

Your Download(s)
My Account
View Cart
Logout

Wake Up Profitable Live Event

The Wake Up Profitable Intensive Boot Camp for Business Owners draws in successful entrepreneurs committed to attaining stronger marketing systems, skills and profitability that has resulted in:

  • Increased productivity by over 40%
  • Improved sales 90% in 30 days
  • Freedom to enjoy life by aligning and systematizing their business
Scale Your Business Now!

Profitability Lab Introduction

In this live session you will:

  • Explore what’s possible for you with a brand new approach to profitability
  • Instantly find more money and time in your business
  • Discover how to shift from “busy” to profitable
Register Now!

Goals in Gear

Webinar: Get Your Goals in Gear

GET YOUR GOALS IN GEARGet Your Goals in Gear is a 65-minute webinar that will help you set your goals — and bring them into reality. Take your business to new levels with an actionable plan of specific measurables, strategies, milestones and actions.

Learn More

Me, Myself, and Why?

Me, Myself and Why? Best Selling BookBOOK: Me, Myself, and Why? The Secrets to Navigating Change

The Most Valuable Book You Will Ever Read: Discover how one foundational tool can give you the courage to take you where you want to go in life.

Learn More
  • Business Mentoring to Scale Your Business
  • Interview with Lisa Mininni
  • Media Center
  • Events
  • Blog
  • Success Stories
  • Free Resources
  • Best Selling Book
  • Contact
  • Members Only
  • Affiliates
  • Social Media Link Excellerate Associates
  • Social Media Link Excellerate Associates
  • Social Media Link Excellerate Associates
  • Social Media Link Excellerate Associates
  • Home

© Copyright 2025 Excellerate Associates ·| Powered by Essential IT | Privacy Policy