Blog - Business Acceleration Team
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Let’s talk about the secret sauce that can transform your productivity game – delegation. It’s that magical skill that, when done right, can skyrocket your efficiency and free up your most precious resource: time. And guess what? You can learn the basics of it in less time than it takes to brew your morning cup of joe.

First things first, you’ve got to recognize that you can’t – and shouldn’t – do everything yourself. By trying to wear all the hats, you’re not just running yourself ragged, you’re also denying your team the opportunity to shine. It’s time to trust in their abilities and empower them to take the reins on certain tasks.

Here’s the 60-second lowdown on how to delegate effectively:

1. Identify the Task: Look for something that someone else can do at least 80% as well as you. It doesn’t have to be perfect; it just needs to get done. This could be anything from preparing a report to managing your inbox.

2. Choose the Right Person: Who on your team has the skills – or the potential – to take this on? Consider their current workload, strengths, and developmental goals. You’re not just offloading a task; you’re providing an opportunity for growth.

3. Explain Clearly: Be crystal clear about what success looks like. What’s the outcome you’re expecting? When is the deadline? Are there any specific processes they need to follow? Clarity is king.

4. Provide the Resources: Make sure they have everything they need to succeed, whether it’s access to certain tools, information, or contacts. Nothing is more frustrating than being given a task without the means to complete it.

5. Step Back: This is crucial. Once you’ve handed over the reins, resist the urge to micromanage. Trust your team member to handle the task. Be available for guidance, but don’t hover.

6. Offer Feedback: After the task is completed, provide constructive feedback. Celebrate the wins and discuss any areas for improvement. This is how you and your team grow together.

And there you have it – delegation demystified in under a minute! By mastering this simple yet powerful skill, you’ll not only boost your own productivity but also foster a more capable, empowered team. Remember, delegation isn’t about losing control; it’s about multiplying your effectiveness through others.

Now, take a deep breath and give it a try. Your to-do list (and your team) will thank you for it. Happy delegating!

Have you ever found yourself wondering why your team isn’t living up to its potential? You’re not alone. It’s a common dilemma in the workplace, and it’s one that can be incredibly frustrating. But don’t despair; there are actionable steps you can take to turn things around.

The first thing you need to understand is that a lack of initiative often stems from a lack of clarity. Your team members may not fully grasp what’s expected of them. It’s crucial to set clear, achievable goals. When people know exactly what they’re aiming for, they’re more likely to take the bull by the horns and charge forward.

Another key factor is empowerment. Do your team members feel they have the authority to make decisions? If not, it’s like trying to drive a car without a steering wheel. Empowerment fosters ownership, and when people feel like they own their work, they’re more invested in the outcome.

Now, let’s talk about motivation. It’s the fuel that powers the engine of progress. Understanding what motivates your team is essential. Some may be driven by recognition, others by a sense of accomplishment or the opportunity to grow. Tap into these motivators, and you’ll see a marked difference in how your team steps up.

But it’s not just about the carrot; it’s also about the stick. Accountability is key. When there’s no follow-through on expectations, it sends a message that it’s okay to drop the ball. Set up regular check-ins to monitor progress, and hold your team accountable for their deliverables. This doesn’t mean micromanaging, but rather ensuring that everyone is on track and aware that their contributions are being noted.

Communication is the glue that holds all of this together. It’s essential to have open lines of communication where team members can voice their ideas, concerns, and feedback. This two-way street builds trust and breaks down barriers, paving the way for a more cohesive and proactive team.

Lastly, it’s important to lead by example. You can’t expect your team to step up if you’re not doing so yourself. Show them what it means to take initiative. Be the change you want to see, and your team is likely to follow suit.

In conclusion, if your team isn’t stepping up, it’s time for a change in strategy. Provide clarity, empower your team, understand their motivators, enforce accountability, communicate effectively, and lead by example. These are the pillars that will transform your team from passive participants into active drivers of success.

Remember, the potential is there; it’s just waiting for the right conditions to thrive. So go ahead, set the stage for greatness and watch your team rise to the occasion.

Hey there, fellow entrepreneurs! I know you’ve heard it time and time again: “You need to delegate!” But let’s be real, the idea of handing over parts of your business baby to someone else can feel like trying to teach a toddler to run before they can walk.

It’s daunting, but I’m here to share some hard-earned wisdom that will help you loosen the reins without losing your stride.

Imagine this: Your day starts before the sun even peeks over the horizon, and it ends long after the stars have claimed the night sky. You’re the first to arrive and the last to leave.

You’re not just the captain of your ship; you’re the crew, the navigator, the cook, and sometimes, it feels like you’re even the parrot on your own shoulder. It’s exhausting, isn’t it?

But here’s the twist: the secret to actually growing your business and not just running it into the ground with your superhero solo act is, drumroll, please… delegation!

Now, I get it. You’re thinking, “But no one can do it as well as I can!” Trust me, I’ve been there. But the truth is, clinging to this belief is like wearing cement shoes on your climb to success. It’s time to break free.

Let’s start with the basics. Delegation is not about dumping tasks you don’t want to do onto someone else; it’s about smartly transferring responsibilities to the right team members so you can focus on what you do best.

It’s about empowering your team and building a business that can thrive, even when you’re not micromanaging every detail.

First things first, identify your strengths and weaknesses. What are the tasks that only you can do, that require your unique expertise or vision? Those are your keepers. Everything else is fair game for delegation.

Next, get to know your team. What are their strengths? What do they enjoy doing? Matching tasks to the right people is like pairing a fine wine with the perfect dish – it enhances the experience and brings out the best in both.

Now, the handing over of the baton – this is where the magic happens. Clearly communicate what success looks like for each task. Set expectations, provide the necessary resources, and establish deadlines.

Then, step back. Yes, really. Take a breath and trust your team. They might stumble at first, but with your guidance and trust, they’ll soon be running like the wind.

Remember, delegation is a skill, and like any skill, it gets better with practice. Start small if you have to. Delegate a single task and see how it goes. Gradually increase the load as your confidence in your team grows.

And here’s the kicker: as you delegate, you’re not just untying your own hands; you’re also nurturing a team that’s capable, confident, and invested in the success of the business.

You’re creating leaders who will stand with you as you reach for those stars that once watched over your endless workdays.

So, take a deep breath and let go of the notion that you need to do it all. Embrace the art of delegation, and watch as your business transforms from a one-person show to a symphony of talent and productivity.

It’s time to step into the role of the visionary leader you were always meant to be, and let your business soar to new heights.

Ready to embark on this delegation journey? Start today, and remember, the strength of your business lies not just in your own hands, but in the hands of those you trust to help carry it forward.

 

Picture this: You hand off a task, breathe a sigh of relief, and then… it boomerangs back to you, half-baked and begging for a redo. Sound familiar? If so, you’re not alone in the delegation dilemma. But here’s the good news: The problem isn’t delegation itself – it’s the *how* of delegation that’s tripping you up.

Too often, business leaders fall into one of two camps: the micromanagers who hover and the laissez-faire types who toss tasks over the fence and hope for the best. Spoiler alert: Neither strategy is winning any efficiency awards.

Missteps in delegation can lead to disempowered employees, mistakes and miscommunication, and a whole lot of wasted time – yours included. But when you nail the right level of delegation, you’ll witness a transformation: a self-sufficient team, more time for your true leadership role, and a business poised for scalable growth.

Ready to master the art of delegation? Let’s dive into the five levels that will revolutionize your approach.

Level One: Tell

Here, you’re the director, and your employee is the performer – they follow your script to the letter. Ideal for newbies or high-stakes tasks, this is delegation at its most detailed. Think of it as the training wheels of task assignments, like ensuring a legal document is formatted with precision.

Level Two: Suggest

At this stage, your employee becomes a detective, gathering options and presenting their findings. It’s perfect for those honing their expertise. Imagine asking your team member to scout potential vendors, then you swoop in to make the final decision based on their research.

Level Three: Consult

This is where your employee steps into the decision-maker’s shoes, but not without running it by you first. It’s a solid choice for tasks that carry some risk yet need a dash of autonomy. A classic case? Crafting social media posts that must align with your brand voice.

Level Four: Agree

Now we’re getting into the realm of mutual decision-making. Your employee takes the lead, but you both agree on the expected outcome beforehand. Seasoned staff with a track record of success thrive here. For instance, a marketing manager might oversee ad campaigns within an agreed-upon budget.

Level Five: Delegate

Full steam ahead! Your employee takes the wheel, steering tasks to completion without needing your nod on the nitty-gritty. This level is reserved for your most trusted lieutenants, like a COO who manages day-to-day operations seamlessly.

Applying these levels with strategic savvy means empowering your team while keeping a firm grip on the reins when necessary. The result? Fewer headaches for you and amplified success for your business.

Still unsure about which tasks to delegate and how? Let’s tackle it together. I’m offering a complimentary 30-minute coaching session to craft your personalized delegation strategy. Time is your most valuable asset – let’s make every minute count. Schedule your session now and start transforming your approach to delegation today.

There you have it, leaders: a game plan to reclaim your time and energize your team. Embrace these five levels of delegation and watch as your business soars to new heights – with you at the helm, steering clear of the day-to-day and charting the course for future success.

Hey there, fellow entrepreneurs and business enthusiasts! Today, I’m excited to share with you some invaluable insights on crafting a business that draws in customers by the droves and creates an environment that your employees absolutely adore. It’s a magical blend that, when done right, can skyrocket your business to incredible heights. So, let’s dive in!

First, let’s talk about the heart and soul of any successful business: its people. Your employees are not just cogs in the machine; they are the lifeblood that keeps everything moving smoothly.

When they love where they work, it shows. Their passion becomes contagious, their creativity skyrockets, and their productivity soars. But how do you create such a workplace?

It all starts with culture – a word that’s thrown around a lot these days but for good reason. Culture is the set of shared values, beliefs, and practices that defines who you are as a company. It’s what makes your business unique and is the foundation for building a team that’s aligned with your vision.

To cultivate a culture that resonates with your team, you need to listen. Really listen. What drives them? What do they value? Incorporate their feedback into your company’s DNA.

This could mean flexible working hours, professional development opportunities, or a focus on work-life balance. When employees feel heard and valued, they’re more likely to invest themselves fully in their work.

But a great culture alone isn’t enough. You also need to give your team the tools they need to succeed. This means investing in their growth and providing them with the resources and training they need to excel. When your employees grow, your business grows with them.

Now, let’s shift gears to the other vital component of your business: the customers. Your customers are the reason you exist, so creating an experience they can’t resist is crucial.

This starts with understanding their needs and wants. What problems are they trying to solve? What delights them? Use this knowledge to tailor your products and services to fit them like a glove.

But it’s not just about what you’re selling; it’s about how you sell it. Your customer service should be top-notch. Every interaction should make your customer feel like the most important person in the room.

Train your team to provide exceptional service and empower them to make decisions that benefit the customer. When your customers feel cared for, they’ll keep coming back for more.

And let’s not forget about storytelling. People love stories – they’re how we connect with the world around us. Your business has a story, and sharing it can create a powerful bond with both employees and customers.

It’s not just about what you do; it’s about why you do it. Share your journey, your successes, and even your failures. Authenticity builds trust, and trust is the cornerstone of any lasting relationship.

To wrap it up, building a business that employees love and customers can’t resist is a delicate dance. It requires a strong culture, investment in your team’s growth, a deep understanding of your customers, exceptional service, and authentic storytelling. Get these elements right, and you’ll have a business that not only survives but thrives.

So, what are you waiting for? Take these insights and start weaving them into the fabric of your company. The results might just amaze you. Here’s to building a business that’s beloved by all who enter its doors!

Have you ever wondered what makes your top performers tick? What fuels their drive, keeps them engaged, and, most importantly, what keeps them from walking out the door to join your competitor? Today, I want to share with you the secret sauce to maintaining a happy and productive workforce.

Let’s dive into the heart of what makes a workplace not just bearable, but exceptional. It’s not the ping-pong tables or the fancy coffee machines. It’s not even the extra vacation days. While those perks are nice, they’re just the cherry on top of what really matters: feeling valued, understood, and empowered.

First and foremost, recognition is key. When your employees do stellar work, shout it from the rooftops—or at least in the next team meeting. A simple “great job” can go a long way, but don’t stop there. Personalize your praise. Be specific about what they did and why it made a difference. This not only boosts morale but also sets a standard for excellence within your team.

But recognition alone isn’t enough. Your employees are human beings with unique aspirations and challenges. Take the time to understand their career goals and provide opportunities for growth and development.

This could mean offering mentorship programs, professional courses, or clear pathways for advancement within the company. When your employees see a future with you, they’re more likely to stay.

Now, let’s talk about trust. Micromanagement is a productivity killer and a surefire way to suffocate enthusiasm. Trust your employees to do their jobs and to do them well. Give them autonomy and the freedom to innovate. This not only fosters a sense of ownership but also encourages creative problem-solving.

Communication is another cornerstone. Be transparent about the company’s direction and their role in the journey. When employees understand the bigger picture, they can align their efforts with the company’s goals. Regular check-ins and open-door policies can help maintain this clarity and ensure that everyone is rowing in the same direction.

Lastly, don’t underestimate the power of a supportive work environment. Encourage collaboration and camaraderie among your team members. When employees feel like they’re part of a supportive community, work becomes more than just a job—it becomes a place they’re excited to be a part of every day.

In conclusion, keeping your best employees happy and productive isn’t about gimmicks or one-off gestures. It’s about creating a culture of appreciation, growth, trust, communication, and support. Implement these principles, and watch as your team not only sticks around but also thrives, driving your company to new heights.

Remember, your employees are your most valuable asset. Treat them well, and your business will reap the rewards.

Have you ever felt like a magpie, drawn to the shiniest new thing in your business landscape? That’s Shiny Object Syndrome (SOS) for you – it’s real, and it’s a potential pitfall for entrepreneurs and business owners worldwide.

But fear not, because today I’m going to share with you three tried-and-true strategies to help you stay focused and avoid the seductive pull of SOS.

1. Establish Clear Goals and Priorities

First things first, let’s talk about the power of clarity. When you have a crystal-clear understanding of your business goals and priorities, it becomes much easier to distinguish between what’s truly essential and what’s just a glittering distraction.

Before you leap onto the next big thing, ask yourself: “Does this align with my long-term objectives?” If it doesn’t, it’s likely just another shiny object vying for your attention.

2. Embrace the Art of Saying ‘No’

Now, this might be tough for some, but it’s absolutely crucial – learning to say ‘no.’ Not every opportunity that sparkles is gold, and it’s okay to turn down things that don’t serve your mission.

By being selective and saying ‘no’ to the wrong fits, you save precious time and resources for the opportunities that truly matter. Remember, every ‘yes’ to something insignificant is a ‘no’ to something important.

3. Implement a Cooling-Off Period

Lastly, let’s talk about the cooling-off period. It’s easy to get caught up in the excitement of a new idea or project, but haste often leads to wasted efforts. Before you jump in, institute a mandatory waiting period.

Give yourself time to think it over – sleep on it, consult with your team, or even seek advice from a mentor. This pause allows you to evaluate the opportunity with a clear head and avoid impulsive decisions.

In conclusion, Shiny Object Syndrome doesn’t have to be your downfall. By setting clear goals, mastering the art of refusal, and taking a step back to assess new opportunities, you can navigate your business with intention and precision.

Keep these strategies in your arsenal, and you’ll be well-equipped to sidestep distractions and stay on the path to success.

Now, I’m curious to hear about your experiences. Have you ever fallen prey to SOS? What tactics have you used to overcome it? Share your stories in the comments below – let’s learn from each other and grow stronger together!

As a business owner, the thrill of watching sales numbers climb can be intoxicating. But let’s face it: revenue is just one part of the success equation. If your profits aren’t keeping pace, you’re essentially running on a treadmill – lots of activity but no forward progress. In the worst-case scenario, you’re on a fast track to burnout.

Today, I want to address this critical issue head-on: the peril of confusing revenue with success, the consequences of ignoring the profit factor, and most importantly, how to rectify this situation. I’m going to share with you three potent strategies to enhance your profitability so that your business doesn’t just generate income – it retains it.

Many entrepreneurs fall into the trap of thinking that more sales will solve all problems. But let’s get one thing straight: sales alone don’t keep the lights on – profits do. If you’re laser-focused on top-line revenue without giving due consideration to the bottom line, you’re setting yourself up for a host of issues.

Neglecting profit planning can lead to cash flow chaos. You might look successful on paper, but struggle to meet essential expenses like payroll, rent, and other overheads.

The result? Increased stress and diminished rewards. You find yourself working tirelessly in pursuit of revenue, only to realize there’s nothing left over for you at the month’s end.

Furthermore, without profit, your business lacks the capacity for growth and freedom. You can’t invest in marketing, better employees, or the systems that afford you time and financial liberty.

By shifting your focus and prioritizing profit, you ensure a steady, predictable cash flow. This clarity allows for personal income growth and significantly reduces stress. You won’t just own a business – you’ll own a business that works for you, offering scalability and the freedom to grow or step back as you please.

So, how do you transition from being revenue-rich and profit-poor to financially flourishing? Here are three game-changing strategies:

1. Adopt a Profit-First Mindset

You’ve likely heard the formula: revenue minus expenses equals profit. It’s time to flip that equation. Instead, allocate a percentage of your revenue to profit right off the bat – before any expenses are paid. By prioritizing profit, you compel your business to operate within a more disciplined financial framework.

2. Understand Your Margins

Shockingly, many business owners don’t know the true cost of delivering their product or service. Familiarize yourself with your gross profit margin (revenue minus direct costs) and your net profit margin (what remains after all expenses). If your margins are too slim, consider revising your pricing or cutting superfluous expenses.

3. Systematize and Optimize

Profitability isn’t just about setting the right prices; it’s also about operational efficiency. Scrutinize your largest expenses. Is there room to negotiate better rates? Can you automate processes or streamline operations? Even small adjustments can significantly impact your bottom line.

Prioritizing profit isn’t merely a financial tactic; it’s about crafting a business that serves you, not one that adds to your workload. With a profit-first approach, financial stability becomes the norm, not the exception. You’ll feel less pressure with more money in your pocket and have the freedom to scale or step back, thanks to a smoothly running, profitable business.

If you’re ready to shift from endlessly chasing revenue to retaining more of what you make, let’s connect. I’m offering a complimentary 30-minute coaching session to analyze your numbers and pinpoint quick wins that can bolster your profitability.

Let’s not just aim to grow your business in size – let’s grow it in profitability.

As a business owner, you’ve likely faced the uncomfortable truth that not all revenue is good revenue. It’s a tough pill to swallow, especially when you’ve poured your heart and soul into building your enterprise. But here’s a hard-earned insight: saying no to toxic clients isn’t just a right – it’s a necessity.

The cost of keeping the wrong clients can be staggering. These clients are more than just a nuisance; they’re a drain on your most precious resources. They monopolize your time, zap your team’s energy, and erode your profit margins. They’re the ones who always seem to need “just one more thing,” who quibble over every penny, and whose payments arrive perpetually late – if at all.

But the damage doesn’t stop at your bottom line. Toxic clients can demolish your team’s morale and divert your focus from the customers who truly deserve and appreciate your attention. It’s a cycle that can leave you feeling trapped, but it’s crucial to recognize when it’s time to break free.

So, how do you know when the scales have tipped? Consider these red flags: Are they trampling over your boundaries or showing disrespect to your team? Do they constantly demand more without wanting to pay for it, or challenge the agreed-upon scope of work? Are they out of sync with your core values? If you’re nodding along to any of these questions, it’s time to take decisive action.

One strategy to consider is adjusting your pricing model. By raising your rates, you set a standard that filters out clients who undervalue your work. It’s also wise to shore up your contracts. Clarify your terms, set firm boundaries, and – most importantly – enforce them. Resist the urge to overdeliver; stick to what’s been agreed upon, and nothing more.

Sometimes, the best solution is to help these clients find a new home. Refer them to a service provider that might be a better fit. This not only frees you up to focus on more positive relationships but also demonstrates a level of professionalism that can leave the door open for future, more constructive interactions.

And then there are times when the only way forward is through an honest conversation. Transparency can be tough, but it’s often the most direct path to a resolution.

By removing the wrong clients, you make room for the right ones – the ones who value your work, pay what you’re worth, and bring in more business through referrals. Your business will thrive when you serve clients who align with your vision and respect your expertise.

I challenge you to take a hard look at your client roster. Who’s sapping your energy? Who’s crossing the line? It might be time for that tough conversation, but it’s a step toward a healthier, more sustainable business.

If the thought of identifying and releasing toxic clients seems daunting, I’m here to help. Let’s book a complimentary 30-minute coaching session to pinpoint the clients who are holding you back and develop a strategy to attract those who will fuel your growth.

Remember, the right clients don’t just grow your business – they make the journey enjoyable and fulfilling. Here’s to finding joy in your work and the right partners to share in your success.

Embarking on the journey of entrepreneurship is akin to setting sail on a vast, unpredictable ocean. It’s an exhilarating adventure, fraught with challenges and uncertainties. As a seasoned navigator in the tumultuous waters of small business ownership, I’ve witnessed many a ship succumb to the tempests of failure.

In fact, statistics paint a sobering picture: nearly half of all small businesses are swallowed by the sea before they ever reach the five-year milestone. The reason? A myriad of deadly sins are committed by business owners, often without the slightest inkling of the peril they’re in.

Today, I’m here to chart out the treacherous waters of the top five reasons small businesses meet their demise and, more critically, how you can steer clear of these pitfalls.

Sin #1: Financial Folly – The Cash Flow Catastrophe

The first and perhaps most lethal of these sins is the mismanagement of capital and the ensuing cash flow crises. Money is the lifeblood of your business, and without it, your voyage is doomed from the start.

Entrepreneurs frequently miscalculate the funds needed to keep their operations afloat and to invest in future growth. Add to this the dangers of poor financial planning, underpricing, and neglecting to monitor revenue and expenses, and you have a recipe for disaster.

To navigate these treacherous waters, you must create a realistic budget and monitor your cash flow with the diligence of a captain at the helm during a storm. Establish a cash reserve to weather unforeseen expenditures, and explore funding options like business loans or investors before desperation sets in.

Sin #2: Leadership Lapses – The Management Maelstrom

The second sin is poor management and leadership. Being a masterful electrician, baker, or consultant doesn’t inherently qualify you to captain a business. Effective leadership, delegation, and decision-making are the compass and rudder that guide your enterprise.

If you find yourself swamped with tasks or at a loss when managing your crew, your business’s potential for growth will be stunted. To avert this, invest in your development as a leader or seek business coaching. Employ professionals for tasks that fall outside your realm of expertise, and seek counsel from mentors and advisors who have charted these waters before you.

Sin #3: Planning Pitfalls – The Directionless Drift

A business without a plan is like setting sail without a course. You’re bound to drift aimlessly and eventually become lost. Entrepreneurs who rely on improvisation, banking on a favorable wind to lead them to success, will find themselves floundering.

Craft a clear, concise business plan that maps out your goals, target market, and financial projections. Regularly update it to reflect the evolving landscape of your business. Analyze your competition to discover opportunities to differentiate yourself. Remember, success is a destination reached by intention, not chance.

Sin #4: Marketing Missteps – The Outreach Overboard

Even the finest product or service is rendered worthless if it remains unknown to the world. Many businesses plunge into the abyss because they rely solely on word-of-mouth or lack an understanding of how to market effectively.

To prevent this, devise a robust marketing strategy that encompasses social media, email, SEO, and paid advertising. Track your results meticulously, adjusting your sails as needed. Forge genuine relationships with your customers; their loyalty is the current that will propel your business forward. Marketing is not an expense but an investment in the growth of your enterprise.

Sin #5: Stagnation Snare – The Resistance Reef

The final deadly sin is the failure to adapt to market changes. The business seascape is ever-changing, with shifting customer preferences, emerging competitors, and technological advancements altering the course. Clinging to the old ways will see your business marooned on the Resistance Reef.

Stay abreast of industry trends, be prepared to pivot and innovate, and most importantly, listen to your customers—they are your navigators, pointing you toward uncharted opportunities for success. The businesses that thrive are those that evolve.

Navigating the treacherous waters of business ownership is no simple feat. These five sins—cash flow problems, poor leadership, lack of planning, weak marketing, and resistance to change—are the maelstroms that claim many. So, I pose the question: How is your business faring against these formidable foes?

Let’s embark on a voyage of discovery together. I’m offering a complimentary 30-minute business coaching session where we’ll assess the health of your business, pinpoint vulnerabilities, and chart a course of action to foster growth. This isn’t about empty promises or pressure tactics; it’s about tangible, practical guidance.