4 Proven Strategies to Model a Fortune 500 Company and Dominate Your Industry
Dr. John Oda
Ultimate Business Growth Strategist, Motivational and Leadership Public Speaker, Mental Health Professional and Author
Are you ready to elevate your business and own your industry? Most small business owners view their companies as local or limited, often labeling themselves as a "minority business." But this mindset can unintentionally limit your potential. To achieve the same success as Fortune 500 companies, you must think and act like them. Here’s how:
1. Set Clear Targets and Aim High
Successful companies always have a clear end goal for each year. For example, one of my clients aimed to double his revenue from $500K to $1 million. I advised him to set a daily sales target of $5,000, higher than his needs, pushing him to grow into the person who can achieve that outcome. Setting ambitious targets transforms your daily operations and drives growth.
2. Embrace the "Octopus Approach" to Marketing
Fortune 500 companies excel in marketing because they diversify their strategies. Many small businesses fail to budget for marketing, hindering their growth. To expand, you must market your company in at least eight different ways—think of it as the "Octopus Approach." This might include tactics like Dream 100, free seminars, and cold calling (treasure hunting). By A/B testing these strategies, you'll discover what works best for your business, with educational-based marketing as the cornerstone of your efforts.
3. Focus on Service Not not just on sales
True business success comes from a burning desire to serve others. It’s not just about making money; it’s about making a difference. The more people you serve, the more you can provide for your family and contribute to your favorite charities. Some small businesses I've worked with focus too much on profits, but lasting success is about helping as many people as possible.
4. Act "As If" You've Already Succeeded
The "As If" principle is a powerful tool for success. Start acting as if you've already achieved your desired outcome. Ask yourself: How would you walk? What would you say to yourself? What would others say to you? This mindset will align your actions with your goals, bringing you closer to your vision.
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Everything in business is a modeling process. Now, it's your turn to model success and reach new heights.
I'll see you at the top!!
Dr John Oda
Dr. John Oda CEO/President of Profit Now Business Coaching: A leading consulting company that conducts business growth strategies for companies to increase their business from 25% to 3000%. Dr. Oda is a Master Trainer for the National Federation of NeuroLinguistic Programming ( NFNLP)
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Dr. Oda is a published author of two books Connecting with Your Teen: The 7 Principles to Resolve Teenager Behavioral Challenges and Life is a Garden: The 7 Spiritual Principles of Manifesting Every Area of Your Life. In the fall of 2024, he will publish a new book on business growth.