A Quarterly Publication of the Raleigh Regional Association of REALTORS®
November 2008 Issue
Vision Statement: "Anticipating and meeting the opportunities and challenges of our industry"
 


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March Dates to Remember

3/04 New Member Orientation
3/10 RRAR Board Meeting
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3/24National Speaker Event - Presented by the Top Producers Council
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Learn how your business can get off the 1st tee, hit more greens and sink more putts

Get your business off the first tee
by Randy Friedman

Company A is doing great with its record-breaking profits this quarter, despite the economic downturn. Turnover rates are low and employees are motivated. Company B, on the other hand, is struggling. Employee morale is low, turnover rates high and profits are sagging. What could Company A be doing that Company B is not?

Company A employees apply the skills they’ve learned on the golf course to their business. Not only is golf a great networking tool, but it also teaches many important business lessons. Fortune 500 companies like FedEx, Bank of America, Coca-Cola, Kodak and many others know the power of golf. They’ve put their money into the PGA Tour for three main reasons:

  1. They realize the power of brand association consumers make with the winning values of golf.
  2. They know the relationship potential golf has in the business world.
  3. They get the experience to play with golf professionals and corporate executives.

So, even if you’re not a golfer, how can you take the lessons and skills learned on the course and apply them? Read on …

Anyone can get off the first tee … the question is, how effectively?
Think of the first tee in golf as the start of any project, job or business plan. It’s where everything begins.

It’s your business attitude that will either help you hit down the middle of the fairway or slice it out of bounds. Your vision can give you a head’s up on the competition. Here are some tips for creating a clear vision to get your business team off the tee more efficiently.

  • Create a mission/vision statement, but you don’t have to reinvent the wheel. AutoNation is an example of a Fortune 500 company that has done this well. It’s one of the leading car dealers in the United States , selling new and used automobiles, car parts, vehicle insurance and warranty, as well as doing repairs and other bodywork. Slogan/motto: Driven to be the best. Mission statement: To be America ’s best-run, most profitable automotive retailer.
  • Work with your caddy. In business, this means sharing the vision with the rest of your company. You are only as strong as the team supporting and cheering you on. Check in with your staff members regularly and preferably on a weekly basis. Everyone should be on track to complete his or her goals.
  • Make sure your equipment fits. In golf, it’s important that clubs fit you — not the other way around. In business your processes, technology and equipment should fit your needs and be up to date.

How do we hit more greens in golf — and make more “green” in business?
It’s all about course management. In golf, it’s how to think your way around the course. The better players take risks when it’s calculated in their favor. They get back in play when a shot goes astray, and they score when they are in position to take the shot.

In business, course management is usually defined by the team leader or supervisor. Goals define your direction, and sharing your goals with others will help you hit the small targets to reach your ultimate goal. The company’s bottom line changes when the smaller targets are hit and the goals become attainable to reach.

Here are some tips on hitting and making “the green.”

  • Love every club in your bag and every member on your team. Each employee has specific gifts and talents to bring to the table. If there’s a club in your bag you never use because you don’t like it, it’ll bring your game down because it’s giving off negative energy. It’s the same with your employees, so you have two choices:
    • Take it out of your bag and replace it with something you like. Remove the negative employee and replace him with someone who brings positive energy to the team
    • Start thinking, “I love this club.” Change your way of thinking to focus on the positive “I may not love this person, but he brings ___ to the team … or she brings an element to this company we need.”
  • Hit the shot when you’re ready. Your pre-shot routine will let you know when you’re ready. If you don’t have a routine you have nothing to fall back on when the pressure builds. In business, your pre-shot routine may be a short, motivational meeting before your client comes into the office, or it might be the pep talk you have with your sales reps when you go to a client lunch. It could be a weekly meeting with your staff to check on company goals. Whatever it is, create a routine and stick to it.
  • Take enough clubs. Your pre-shot routine will help you regulate your game. But if your ego gets in the way, you’ll start to believe you can muscle your way around the course. Most amateur golfers think they can hit the ball farther than they do. They will come up short, finding themselves in the water or in a bunker. Think things through; let your team help. Ask your colleagues for input, research, talk it through and get outside opinions.

How to sink more putts … or in business terms, how to close the deal.
In golf, you have 18 chances to make a mark, sink the putt and get ahead of the rest of the field. In business, it’s essential to take the shot when you are in the right position. Here are some ways to sink more putts:

  • Get off the driving range, and focus your time and energy on the practice green. Did you know 50 percent to 60 percent of the game takes place in the short game? Putting is the one part of the game that requires brains over brawn. Similarly, in business, much of your success is about making sure the little things get done. Your business goals are made up of smaller goals or targets. If you’re not hitting the smaller targets first, then you can’t make the bigger goals happen — then, you’re defeating the team.
  • Love your putter. If you say you hate your putter, there’s no way it will work for you at optimum performance. The moment you love the tool you’re using it becomes even better in your hands. Love elevates your emotions and feelings unlike any other thought. Similarly, you must love your product, service and company. Even if you’ve had a bad day at the office, think positive thoughts about your situation and elevate your actions with the power of your mind.
  • Visualize yourself making the putt, making the sale or seeing your client happy. Acting as if you’ve already seen the outcome is a powerful tool top athletes use in every sport. Tiger Woods, the ultimate visualizing machine, is a perfect example. Why? He’s been doing it for so long. Woods worked with a sports hypnotist as a teenager to see himself holing every putt he looked at. Can you tell by his unwavering confidence?
  • Believe you are the best putter or salesman in the world. It is this inner belief in yourself that brings you success in all you do. Your inner attitude will help you sink the putt, close the sale or make the deal that drives you toward success.

Getting off the first tee, hitting more greens and sinking more putts begin with an inner belief that says, “I can do this.” The most successful companies in the world know this … just ask Nike.

(Randy Friedman is a corporate golf professional, speaker and founder of Golf Mind Power. For more information, visit www.GolfMindPower.com or contact her at randy@golfmindpower.com or [203] 240-7828.)

 

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2009 Dues Billing Q&A
CourseWorks
Get Going, Go-Getters!
How To Win The Negotitation....Without Being a Jerk
Let Us Twitter
NARs Newest Designation is Green
New Members August 2008
RRAR Board Officers
RRAR voter Projections
What is Search Engine Optimized Writing For Real Estate
Why We Choose The Leaders We Do
RRAR Benefactor Displays Work at VAE
Please Join The Raleigh Regional Association of REALTORS® For A Holiday Party
NewsMakers
Join Destination Success
Neighbor Helping Neighbor
Visit the Online Store
Technology Wonderland For Those On The Go
A Season of Love at RRAR

Raleigh Regional Association of REALTORS®
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Cary, NC 27513

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