Paul Lemberg

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You are here: Home / Business Strategy / Small Changes = Big Profits Part 2

By pl 27 Comments

Small Changes = Big Profits Part 2

People say, “knowledge is profit.”

It isn’t, and I can prove it.

Everyone knows someone who has a PhD or a monster-sized IQ and can’t earn a dime, because it’s not what you know but what you do with it.

So why don’t most people do MORE with what they know?

Because it’s too hard…

Or it’s too complicated…

Or they don’t have the time to get it right.

Which brings us back to making small, easy changes.

Here are a few more case studies of companies that took some very simple ideas and turned them into giant-sized profits.

Watch and profit, and leave your comments and questions on the blog below.

Filed Under: Business Strategy, marketing, pricing, Time management Tagged With: blueprints to profits, business growth

Comments

  1. Cona says

    August 7, 2013 at 11:11 am

    Thank you so much for sharing. Your tips are great..

    Reply
  2. Chris Dittemore says

    April 15, 2013 at 6:21 pm

    Hi Paul,

    Do you have a list of all the changes that can be made and the different areas that they can be changed anywhere? I heard about a Blueprints to Profits course, but can’t seem to find any info on it.

    Chris

    Reply
  3. Karin Hiebert says

    June 4, 2010 at 1:21 pm

    The only sad thing with that is, that you could delete or not catch a very crucial and important piece of a information that unfortunately won’t be coming back your way…sometimes timing is everything.

    In fact I do believe in one of your Formula 5 Modules that you actually teach that…

    Something like if you have an idea or one comes your way to act on it immediately… Perhaps I am wrong?

    Reply
  4. Lim says

    June 3, 2010 at 9:47 pm

    Dont know what happen but its voiceless.

    Really love to hear you talking Paul

    Reply
    • admin says

      June 10, 2010 at 9:10 am

      Hi Karin – Not sure why you’re not hearing it, but I’m guessing it may be some tech on your side. Several thousand people have viewed the videos and I assume they’re all hearing the audio.

      Reply
  5. Bryce says

    June 3, 2010 at 3:30 pm

    Hi Paul,

    Thanks for the reminders about Kaizen (gradual improvements / tacticals & the work of Deming and Imai). According to the Japanese, we should spend 80% of our time in Kaizen mode.

    Strategics (Major new projects, and massive radical change) is a 20% effort and the domain of Juran.

    I think Americans get it backwards sometimes. We get stuck by fire-fighting in the project / urgent mode and forget the tacticals.

    Separating the domains, prioritizing, and building a solutions list and a problems list are key. Working on tacticals is critical to prevent backsliding on strategics.

    Thanks,
    Bryce

    Reply
  6. Stew Kelly says

    June 3, 2010 at 1:54 pm

    Hi Paul,

    I hate the tyranny of the email box as well. I have gotten more vicious with the delete button but I think scheduling particular times is even more effective.

    I would appreciate hearing more about pricing points. That is one of the more difficult things to figure out.

    Thanks for sharing your valuable insights.

    Reply
    • pl says

      June 3, 2010 at 1:59 pm

      Stew, I always figure that if I accidentally delete something that was important, it will come back to me. ”

      When in doubt, cut it out.” -pl

      Reply
  7. Karin Hiebert says

    May 30, 2010 at 10:39 pm

    So true Paul…

    It is the little things, the small stuff… it adds up, doesn’t it?

    Another great message!

    All the best to you

    Karin Hiebert

    Reply
  8. Sean Breslin says

    May 29, 2010 at 4:06 am

    Another effective video Paul… Email is one of my distractions, but non business distractions are growing an ever increasing rate, the time to do any work at all is becoming increasingly hard to find!

    Reply
  9. Steve Sponseller says

    May 29, 2010 at 2:19 am

    Great tips Paul.

    I’m committing to:

    – Check email once per hour (or less!)

    – Raise the price on a new course I’m developing. I’ve been struggling with pricing for a few weeks, feeling that I need to lower the price to attract more students. But, I also feel that lowering the price “discounts” my experience and may make people feel that the course won’t have valuable content due to the low price.

    Thanks for the case study about raising prices – perfect timing for me!

    Reply
  10. WaywardByDesign says

    May 28, 2010 at 12:01 pm

    Hi Paul,
    Great video…. Inspired me to buy ‘Be Unreasonable’ (You sly marketing fox! 🙂 ).
    Fantastic book… Just the intro was enough to kick me up the rear and realise I needed to stop trying to perfect things and just get on with ‘it’.

    I will now follow my inspiration/instinct rather than towing-the-line and move forward without following the normal (safe) route… That said, I am off to get on with some ‘doing’. OooRah.

    Thanks.
    Forever Ronin

    Reply
    • pl says

      May 28, 2010 at 12:20 pm

      Hey Ronin – thanks.

      Reply
  11. Glenn says

    May 28, 2010 at 1:22 am

    I have a particular sensitivity to the ‘Email Slave’ segment. It is unfortunate that I have opted into so many lists – so many sources of valuable information [many of which are free]. Albeit at the end of an intentional process, I have literally become beholden to my Inbox. I will soon unsubscribe from many such lists so as to have ANY time to use productively . . . no exaggeration.

    Paul, you are one of the few that exercise sensibility with respect to the frequency of your communications and the consistent quality of content you provide – justifying our continued attention and appreciation for you and your shared wisdom. As opposed to being perpetually intrusive, you literally make yourself part of the solution. Inasmuch, I cannot envision the day I would consider unsubscribing from your list. I appreciate the fact that I am on it.

    Thank you, as always.

    Reply
    • pl says

      May 28, 2010 at 1:44 am

      Glenn, You’re welcome. In the spirit of full disclosure, we are on the verge of bringing a new product to market, and may step up our frequency for a time. I’m pretty sure you’ll continue to find it helpful. –pl

      Reply
      • Glenn says

        May 28, 2010 at 2:15 pm

        Oh yes, I do understand. History would suggest that what you choose to do and how you choose to do it will be anything but intrusive, unless of course one considers an endearing handshake to be so.

        Keep up the great work.

        Reply
  12. Laura says

    May 27, 2010 at 12:46 pm

    Hi Paul,

    I read something in Fast Company a few weeks ago that absolutely changed the way I deal with email, both work and personal email. When you go to your regular mailbox at home, do you leave mail behind in the mailbox so you can “deal” with it later? Of course not, you grab all the mail out of the box, and take your mail into the house to deal with it. So why don’t we do that with our email too?

    Using the suggestions in the article, I began emptying my email inbox the moment I saw there was mail in it. Junk gets deleted immediately. I created three folders — one is To Do for things that must be done. Two is waiting on — things that you’ve either done or have delegated and can’t act on until someone else does something. The third is reference. Things you know you’ll need to refer to in the future but don’t belong in your waiting on folder. The trick is to keep going to the To Do box two or three times a day to make sure you’re working on what you need to be doing and the Waiting On box once a day, to make sure other things are progressing.

    I can’t tell you how WONDERFUL it feels to be greeted by an empty In Box, knowing that everything is still getting taken care of. Totally changed my work life!

    Laura

    Reply
    • pl says

      May 27, 2010 at 12:54 pm

      Laura, Thanks for this great advice. I actually expand on this in my upcoming program. –pl

      Reply
      • Laura says

        May 27, 2010 at 5:49 pm

        Great Paul! Can’t wait to see it. I’m off to work on a new article now that I have all this extra time 🙂

        Reply
  13. Jeff says

    May 27, 2010 at 11:11 am

    Paul,

    Just committed to email checks at the top of the hour…hey, it’s better than reply as they come.

    Thanks!

    Reply
    • pl says

      May 27, 2010 at 12:46 pm

      Jeff – I have a forecast: in a small, but significant way, your life will change! –pl

      Reply
  14. dean says

    May 27, 2010 at 10:47 am

    cool Paul, im such a big believer in these small changes, i slow;y did stuff like this before and it made such a big difference, keep up the good info.

    Thanks
    Dean

    Reply
    • pl says

      May 27, 2010 at 12:45 pm

      Dean… GET BACK TOO IT! –pl

      Reply
  15. Abraham says

    May 27, 2010 at 4:49 am

    Hi Paul,
    I admit I am an email slave, so I turned off auto-loading and the audible sound, this is going to make me more productive. This is probably something that many “suffer with”

    Reply
    • pl says

      May 27, 2010 at 12:45 pm

      Abraham, here’s the thing. It seems like a simple thing, a little icon pops up or the chime sounds. What happens is that it totally takes you off whatever track you were on. It’s not the 30 seconds to check, it’s the 30 minutes it takes some folks to get refocused. –pl

      Reply
  16. Nick Platten says

    May 27, 2010 at 4:26 am

    Thanks Paul, great mini case studies. It has inspired me to do three things;

    1) Only check my email 3 time a day
    2) Up my prices
    3) Implement a better guarantee

    Lets see if these three small things make a difference.

    Reply
    • pl says

      May 27, 2010 at 12:44 pm

      Nick, get going on ALL THREE(!) of these and you’re business will rock. Stay tuned for some real detailed information on some of this soon. –pl

      Reply

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