June 21, 2007

What is a Business Turnaround?

A business is headed in the wrong direction ...

It's not as profitable as it could be.  Heck, it may even be "bleeding cash" ...

A turnaround picks that business up by the scruff, gives it a good shake, and sends it heading in the right direction.

 

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>>Here's a one-question IQ Test to help you decide how you
> >>should spend the rest of your day......
> >>
> >>There is a mute who wants to buy a toothbrush.
> >>By imitating the action of brushing one's teeth, he successfully
> >>expresses himself to the shopkeeper and the purchase is done.
> >>
> >>Now, if there is a blind man who wishes to buy a pair of
> >>sunglasses, how should he express himself?
> >>Ø Think about it first before scrolling down for the answer...
> >>
> >
> >>
> >>He opens his mouth and says. "I would like to buy a pair of
> >>sunglasses"
> >>
> >>If you got this wrong -- please turn off your computer and
> >>call it a day.

Mark here is my attempt to join the 10 by using
humor.

Thanks,

Ahlem Mayes

Posted by: Ahlem | June 22, 2007 7:36 AM

I wish I would have had this information when Candice (my wife) and I had are Deli and Pizza Shop.

We absolutely loved each of these businesses, yet were always working LONG hours and struggling to keep the lights on and the employees paid.

I know exactly the feeling my local businesses have.

I would love to take this knowledge and share it with them!

Be Positive,
Jamie Ohler

Posted by: Jamie Ohler | June 22, 2007 1:25 PM

I Can't Reade!!

I Can't Spelle!!!

But God I Am Persistant!!!!!

And Yes I Had To Look Up The Spelling For

Per Sis Tant!!!!!!

Posted by: JAC | June 22, 2007 3:15 PM

I've always been a do it myself person. I'm realizing that when I was younger that I was able to pull off some pretty big deals in business and was able to do that for a long time. But lately last 10 years its seems that I have just lost my edge. Simpleology 101 and 102 are helping me. I've started a business with my son and I can see the potential, but I just find myself over my head sometimes and the ability to pull off things is not like it was before. This old quarter house still has a lot more runs in him.

Posted by: Steven Regener | June 22, 2007 4:31 PM

I have been reading your emails but I guess I am just too far gone to be helped. I put so much into so many plans and lost it all because the businesses were not sustainable that I am scared to pay into anything no matter how good it sounds. And of course, you cannot start a business with no capitol.
Sorry to be shooting off to you like this but I do wish you all the best. If you ever hear of something I could test first before I pay, I would love to give it a try.
I am supporting a mission in Kenya and they have 9 children whose parents have died of AIDS that they adopted and so I send what money I can there. It would be the dream of my life to be able to build orphanages, schools and clinics there. So if I ever did find a program that I could succeed in, that is where it would go.

Joyce Wasend

Posted by: Joyce Wasend | June 22, 2007 5:41 PM

Hi Mark,
I don't know if this makes me "most worthy" but boy do I need help! I'm trying to develop alternative business cashflow with a website (I have a 9-5 job that usually lasts 8-7 too)
The good news is I made my first sale last week. The bad news is I made a negative profit of $10 bucks on the deal.
With luck like that, I'm afraid I'll be broke in short order. Please Help!

Thanks for all you do.
Bill Weiss

Posted by: Bill Weiss | June 22, 2007 6:22 PM

Dear Mark:
First of all thank you and congratulations for your simpleology series.
I am a Latin American retired architect and I have been an independent construction entrepreneur almost my whole professional life. In my last active years in the construction business in my country, I suffered serious losses (like suddenly deleting 15 of my 20 years of professional exercise) and not willing to continue in my country, I moved to the USA, (looking for solutions for my brain storms) where I made some investments that ensure a decent late years living, even that I see them very far away; I am in a terrific state of heath and I feel (like in my twenties) starting all over again.

In my construction exercise and after some trips to developed and “underdeveloped” countries, I observed and was worried by the state of poverty of the construction workers and in general the poverty of many social sectors of my former and other countries of the south. With time, poverty, or better yet the lack of abundance of the majorities in the world, has pushed me obsessively to think about the causes and looking for solutions. - Before the Internet, I squeezed my mind looking for solutions that always ended in frustration due the high cost of promoting any meaningful campaign. The Internet changed the perspective of success 180 degrees.

Today, Internet and Dinamic Network Marketing for me are the ideal paved way to achieve success in creating abundance for the people born without an opportunity in life. However after trying several affiliate programs, (in a self imposed learning process) I concluded that is not the product the key to successes, but the promoting strategy. Today, after six years designing the ideal strategic structure to lunch a worldwide entrepreneurial campaign to create abundance for the needy, and collecting what I thing are the best tools to automate as much as possible the promotion, (but some of them without being tested yet) I received your “TURNARROWND” idea and it hatched my attention immediately.

Consequently I beg you please if you find merit in my “story,” to not forget it. I don’t know if I could be eligible for the “TURNARROUND,” since I don’t have a website yet or a business in motion, but I am absolutely sure, that my project is and will be the most astonishing silent revolution the world has ever witnessed; it deserves your attention.

Faithfully yours,
Gustavo Sarmiento

Posted by: Gustavo Sarmiento | June 24, 2007 4:59 PM

I have no product, no internet savvy, no business, yet I'm desperate to make more money. I have 8 sons and find myself always in debt because their needs exceed their incomes. I need to help them, I need to pay off my debts so I can retire, I need to continue to bring in an income after retirement, and I need to leave an inheritance for my sons. One of my dreams is to have a house large enough and with enough bedrooms to take care of my mother (91) and two of my elderly friends (86 and 70) until they pass away, and then to take in foster children. I will never be able to afford a larger home and realize my other goals unless I can find a way to make good money after retirement.

Posted by: JANET WECHSLER | June 26, 2007 5:12 PM

Mark, Starting with clearing my desk so I can work, I am picking up clues to focus my business i to channels where age (84) and looks (no front teeth) are not a handicap.

Thanks for the open offer. I get focus from Simpleology, even if I'm not a BIG winner

Posted by: Amber Eustus | June 26, 2007 9:35 PM

I set the business up approx 18 months, I have great products, good prices, but I am still not making sufficient sales. I know they will come because I have put in a sturdy base and I am now beginning to generate interest, I threw myself into this at the expense of my career, but I am not sure how much longer I can go on,as I have now exhausted my savings. I am just unsure what I doing wrong or not consistantly enough.

Posted by: nick | June 30, 2007 11:12 AM

Mark:

Your a glutton for punishment having to make 7 souls happy and the rest ...? I would think everyone who writes is worthy of such a valuable prize. One even mentioned that he wouldn't give you his hard-luck story. Hey! You got to have at least one sob story - it raises those empathetic and philanthropic emotions and cleanses the tear ducts.

Surely by now you must know what is coming? Yep! It's my hard luck story. So, get your hankee in hand, let the water-works begin and try to think of a name for a new charitable foundation (one more tax deduction for you):

Business log - December 27th, 2005; 11:45pm. I fell at work and broke some ribs and injured my back. On the way to the hospital emergency room, I thought through the waves of pain about how I will have more time to think of a way to start a business and get out of the paycheck-to-paycheck rut. Feeling every bump in the road and having a hard time breatheing, I was getting scared and wondered if I would see the light of tomorrow.

December 28th, 2005; 7:50am. - Laying in my hospital bed wasn't so bad because you could play with the bed-remote buttons and discover 11 new positions to watch TV in. And the light of day looked beautiful! Then I coughed. Oh my God I thought I was in Hell! It turned into one of those rolling coughs where you just keep going until it runs its course.

Wiping the tears of pain from my eyes, I pushed the button for the nurse. A hot, buxom blonde walked in and could tell of the distress I was in. "Do you need a shot for pain?" I nodded and she left and came back in a jiffy, holding a syringe with one big-boy needle. Ten minnutes later I left on my magic carpet ride.

January 3rd, 2006; 3:03pm. - I was finally home on the couch trying to hold back what I knew would be one of those rolling coughs. Coughing still sent me through the ceiling. My wife and I started discussing money and I told her about my internet intentions. She supported my decisions and joined me in the search for a new beginning.

January 26th, 2006; 1:45pm. - Received hospital bill in the mail. It was only $58,784.22. Gulp! Popped two pain pills and a muscle relaxer. Goodnight!

January 22nd, 2006; 9:05am. - Coughing was finally getting easier, but I could hardly walk from the pain in my back. I just returned from the doctors with a fresh batch of pain meds and the bad news of being disabled for at least another six months.

February 2nd, 2006; 2:17pm. - Just popped two pain pills and told my wife I got ripped off on the last internet business deal. She told me she had two deals go sour too. Happy Groundhog's Day!

February 5th, 2006; 5:30am. - Started latching on to internet gurus in hopes of getting free training. I had a close encounter of the weird kind when I discovered survey sites and casinos. My wife found her her own strange niches.

Feburary 20th, 2006; 3:13am. - We realized that we lost a lot of time and money messing around with programs that only make other people money. I still have trouble walking but not searching for new keys to improve our internet earnings.

March 11th, 2006; 11:01pm. - My list of the internet gurus I have been following have grown from 3 to 36. Total confusiion now thrives for both me and my wife. Another $1,000.00 has been spent but not recovered. Worker's Comp pays 70% of hospital bill. Whew!

March 19th, 2006; 7:55pm. - My wife and I are trying to figure out how to recover from information overload. Also, five bill collectorscalled today and we don't know how we are going to pay the rent for April. The stress never ends.

April 3rd, 2006; 10:10am. - We borrowed $600.00 from family to pay April's rent. Unfortunately, we have a new problem. I started having grande-mall seizures and am still having recurring nightmares about the accident.

April 15th, 2006; 4:00pm. - Started seeing psychiatrist and a therapist for dealing with the trauma I suffered. I can't sleep well and am having about 10 seizures per week with amnesia symptoms after seizure occurrence. My depression is worse from not being able to drive or make money to support my family.

April 30th, 2006; 6:00am. - My computer is sick from virus. It dies and I can't even reboot. We lost another $500.00 this month tring to do internet commerce. I decided to distance myself from the gurus for a couple of months. A family member dies and we leave for our homestate in Ohio. Traveling will be difficult with my medical problems.

May 9th,2006; 5:21pm. - Our new computer arrives and our neighbor friends help us hook everything up. My email box has over 600 messages to sort through. Six sites have cancelled my memberships and I lost many recruits. My wife has over 100,000 messages. Have fun, Dear!

May 31st, 2006; 6:33pm. - I started hypno-therapy today. I can now go back to my own planet, as my wife claims. I say, "But honey, we don't have internet there!" It looks like June could be a long month. I did grab two gurus back.

June 13th, 8:07am. - Today is my birthday but I feel very ill. Yesterday I had lots of violent seizures, each one injuring my back more. Still haven't made any money online. I got some new pain drugs from the doctor today. I just popped two. Happy birthday to me!

June 18th, 2006; 9:51pm. - I actually got a check in the mail today from my internet business. It was only $25.00 but I am still proud of it. Maybe I'm on the right track now. My wife alsogot a small check frm her business.

June 26th, 2006; 1:11am. - Spent too much on advertising and don't know if I can recoop the loss. On a better note, the hypno-therapy seems to be helping in minimizing my seizures. Once gain, we don't know where we will be getting the money to pay our rent. Lottery?

July 5th, 2006; 7:17am. - We borrowed money from my Dad again for rent and just paid it in the nic of time. Doctors have told me that they won't treat me for my back injury until my seizures are under control. I confided with my gurus more but they don't have time to bother with me.

July 24th, 2006; 12:09pm. - We have realized that people on the net are only your friend if you are making them lots of money. We have information overload again and I haven't heard from my sponsor in over a month.

August 1st, 2006; 11:18am. - We can no longer afford to pa for all of our memberships online, nor continue to pay for advertising. Help us Gurus! Court litigation stalls for a settlement in my suite for my injury.

September 22nd, 2006; 10:20pm. - I can no longer afford all my medication and Worker's Comp has refused to pay for any seizure related disorder. Is there such a thing as good luck or miracles?

October 18th, 2006; 2:22pm. - We got small checks from our newest internet endeavors. We still don't have enough money to really conduct internet business properly. I can no longer afford hypno-therapy or psycho-therapy. Big deal!

November 29th, 2006; 8:20am. - Lost more money on the net. Myseizures have become very violent again. Found another loan to meet living expenses. The bill collectors just keep calling, even on Sundays. My oldest son comes to stay with us to help take care of me.

December 23rd, 2006; 9:12pm. - It won't be a merry Christmas. We are broke! My son leaves to be with his own family. Our internet business is at a stalemate from technical problems.

January 1st, 2007; 6:06am. - Happy ------ New year! This year has to be better. If it was any worse, I'd be dead. My wife and I decide to wipe out our business and start over.

February 10th, 2007; 12:10am. - Here we go again. Information overload hits us hard along with more dollar losses. Our technical skills are improving though. I still have lots of medical issues.

March 29th, 2007; - Learned how to make new websites and they are nice. Still no big incomes but it feels better than last year. I fell and broke my arm during a seizure. Goodthing it's my right arm since I am left handed.

April 8th, 2007; 8:11am. - No changes lately; good, bad, or ugly. I feel like I should get a dog. I need that unconditional love. The last few days have been very uneventful.

May 2nd, 2007; 1:44pm. - Seizures, seizures and more seizures. We call it floppin' because I flop around like a fish out of water. If I coud just get rid of those, at least then I could start working on fixing my back. Found some new programs I really like and actually made a check my first week.

June 13th, 2007; 3:39pm. - Happy Birthday to me again! I actually made it to 53. I'm now taking bets on if I make it to 54. There is no improvement in my health, but I am starting hypno-therapy again. My attorney says we are now very close to ending litigation. I made a second and third check from my business.

July 1st, 2007; 12:02pm. - Our computer caught a virus. I don't think it will die this time but it will cost a couple hundred to clean it out. We are sill hanging in there with our business, but barely. Here I am Mark. Take me to your leader or to the promised land. Take me as I am, I'm ready!

Posted by: Alan Buck | July 1, 2007 4:59 PM

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