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1 10 Strategies to Simplify and Diversify Your Business Dr. Tony Alessandra
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1 10 Strategies to Simplify and Diversify Your Business Dr. Tony Alessandra.

Dec 16, 2015

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Page 1: 1 10 Strategies to Simplify and Diversify Your Business Dr. Tony Alessandra.

1

10 Strategies to Simplify and Diversify

Your Business

Dr. Tony Alessandra

Page 2: 1 10 Strategies to Simplify and Diversify Your Business Dr. Tony Alessandra.

2

Why Simplify & DiversifyWhy Simplify & Diversify

• Simplify life – stay home more

Page 3: 1 10 Strategies to Simplify and Diversify Your Business Dr. Tony Alessandra.

3

Why Simplify & DiversifyWhy Simplify & Diversify

• Simplify life – stay home more

• Changes in travel, the economy, competition

Page 4: 1 10 Strategies to Simplify and Diversify Your Business Dr. Tony Alessandra.

4

Why Simplify & DiversifyWhy Simplify & Diversify

• Simplify life – stay home more• Changes in travel, the economy, competition

• Growth of distance learning options

Page 5: 1 10 Strategies to Simplify and Diversify Your Business Dr. Tony Alessandra.

5

Why Simplify & DiversifyWhy Simplify & Diversify

• Simplify life – stay home more• Changes in travel, the economy, competition• Growth of distance learning options

• Building a passive, recurring revenue business

Page 6: 1 10 Strategies to Simplify and Diversify Your Business Dr. Tony Alessandra.

6

Why Simplify & DiversifyWhy Simplify & Diversify

• Simplify life – stay home more• Changes in travel, the economy, competition• Growth of distance learning options• Building a passive, recurring revenue business

• Generating enough revenue to speak whenever & wherever

Page 7: 1 10 Strategies to Simplify and Diversify Your Business Dr. Tony Alessandra.

7

Why Simplify & DiversifyWhy Simplify & Diversify

• Simplify life – stay home more• Changes in travel, the economy, competition• Growth of distance learning options• Building a passive, recurring revenue business• Generating enough revenue to speak whenever &

wherever

• Building a business that could run from any computer

Page 8: 1 10 Strategies to Simplify and Diversify Your Business Dr. Tony Alessandra.

8

Why Simplify & DiversifyWhy Simplify & Diversify

• Simplify life – stay home more• Changes in travel, the economy, competition• Growth of distance learning options• Building a passive, recurring revenue business• Generating enough revenue to speak whenever &

wherever • Building a business that could run from any computer

• Building a business that could be sold

Page 9: 1 10 Strategies to Simplify and Diversify Your Business Dr. Tony Alessandra.

9

Why Simplify & DiversifyWhy Simplify & Diversify

• Simplify life – stay home more• Changes in travel, the economy, competition• Growth of distance learning options• Building a passive, recurring revenue business• Generating enough revenue to speak whenever &

wherever • Building a business that could run from any computer• Building a business that could be sold

• Building a business that would run counter to the down cycles of the speaking industry

Page 10: 1 10 Strategies to Simplify and Diversify Your Business Dr. Tony Alessandra.

10

Diversify Your Business!Diversify Your Business!

• Training

Page 11: 1 10 Strategies to Simplify and Diversify Your Business Dr. Tony Alessandra.

11

Diversify Your Business!Diversify Your Business!

• Training

• Consulting

Page 12: 1 10 Strategies to Simplify and Diversify Your Business Dr. Tony Alessandra.

12

Diversify Your Business!Diversify Your Business!

• Training• Consulting

• Coaching

Page 13: 1 10 Strategies to Simplify and Diversify Your Business Dr. Tony Alessandra.

13

Diversify Your Business!Diversify Your Business!

• Training• Consulting• Coaching

• Teleseminars

Page 14: 1 10 Strategies to Simplify and Diversify Your Business Dr. Tony Alessandra.

14

Diversify Your Business!Diversify Your Business!

• Training• Consulting• Coaching• Teleseminars

• eLearning

Page 15: 1 10 Strategies to Simplify and Diversify Your Business Dr. Tony Alessandra.

15

Diversify Your Business!Diversify Your Business!

• Training• Consulting• Coaching• Teleseminars• eLearning

• Product Business

Page 16: 1 10 Strategies to Simplify and Diversify Your Business Dr. Tony Alessandra.

16

Diversify Your Business!Diversify Your Business!

• Training• Consulting• Coaching• Teleseminars• eLearning• Product Business

• Outside businesses

Page 17: 1 10 Strategies to Simplify and Diversify Your Business Dr. Tony Alessandra.

17

Simplify - Outsource Everything!Simplify - Outsource Everything!

• Speaker Management & Marketing

Page 18: 1 10 Strategies to Simplify and Diversify Your Business Dr. Tony Alessandra.

18

Simplify - Outsource Everything!Simplify - Outsource Everything!

• Speaker Management & Marketing

• Website Design, Hosting, SEO, Google AdWords

Page 19: 1 10 Strategies to Simplify and Diversify Your Business Dr. Tony Alessandra.

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Simplify - Outsource Everything!Simplify - Outsource Everything!

• Speaker Management & Marketing • Website Design, Hosting, SEO, Google AdWords

• List Set-up, Management & Marketing

Page 20: 1 10 Strategies to Simplify and Diversify Your Business Dr. Tony Alessandra.

20

Simplify - Outsource Everything!Simplify - Outsource Everything!

• Speaker Management & Marketing • Website Design, Hosting, SEO, Google AdWords • List Set-up, Management & Marketing

• eBook Production, ePub & Marketing  

Page 21: 1 10 Strategies to Simplify and Diversify Your Business Dr. Tony Alessandra.

21

Simplify - Outsource Everything!Simplify - Outsource Everything!

• Speaker Management & Marketing • Website Design, Hosting, SEO, Google AdWords • List Set-up, Management & Marketing

• eBook Production, ePub & Marketing  • Foreign Rights

Page 22: 1 10 Strategies to Simplify and Diversify Your Business Dr. Tony Alessandra.

22

Simplify - Outsource Everything!Simplify - Outsource Everything!

• Speaker Management & Marketing • Website Design, Hosting, SEO, Google AdWords • List Set-up, Management & Marketing• eBook Production, ePub & Marketing  • Foreign Rights

• Print on Demand

Page 23: 1 10 Strategies to Simplify and Diversify Your Business Dr. Tony Alessandra.

23

Simplify - Outsource Everything!Simplify - Outsource Everything!

• Speaker Management & Marketing • Website Design, Hosting, SEO, Google AdWords • List Set-up, Management & Marketing• eBook Production, ePub & Marketing  • Foreign Rights • Print on Demand

• Ghost Writing

Page 24: 1 10 Strategies to Simplify and Diversify Your Business Dr. Tony Alessandra.

24

Digitize Everything!Digitize Everything!

Electronic Press Kit Streaming video demo; One-sheet; Bios;

Digital pictures – live & posed; Speech summaries; Sample articles; PPQ; Intro & A/V sheet; Fee schedule; Contract; Invoices; etc.

Page 25: 1 10 Strategies to Simplify and Diversify Your Business Dr. Tony Alessandra.

25

Digitize Everything!Digitize Everything!

Electronic Press Kit Streaming video demo; One-sheet; Bios;

Digital pictures – live & posed; Speech summaries; Sample articles; PPQ; Intro & A/V sheet; Fee schedule; Contract; Invoices; etc.

General Office DocumentsContracts; Articles; Book manuscripts; A/V scripts;

Financials – P&Ls, royalties, fin. statements, trust documents, etc.

PowerPoint slides – masters, current and past; etc.

Page 26: 1 10 Strategies to Simplify and Diversify Your Business Dr. Tony Alessandra.

26

Digitize Everything!Digitize Everything!

Electronic Press Kit Streaming video demo; One-sheet; Bios;

Digital pictures – live & posed; Speech summaries; Sample articles; PPQ; Intro & A/V sheet; Fee schedule; Contract; Invoices; etc.

General Office DocumentsContracts; Articles; Book manuscripts; A/V scripts;

Financials – P&Ls, royalties, fin. statements, trust documents, etc.

PowerPoint slides – masters, current and past; etc.

Electronic ProductseBooks; MP3s; eLearning; Streaming Video; Online assessments

Page 27: 1 10 Strategies to Simplify and Diversify Your Business Dr. Tony Alessandra.

27

Royalty OpportunitiesRoyalty Opportunities

Books (S&S, Warner Books, Wiley)

Page 28: 1 10 Strategies to Simplify and Diversify Your Business Dr. Tony Alessandra.

28

Royalty OpportunitiesRoyalty Opportunities

Books (S&S, Warner Books, Wiley)

eBooks (Books24x7, Amazon Kindle)

Page 29: 1 10 Strategies to Simplify and Diversify Your Business Dr. Tony Alessandra.

29

Royalty OpportunitiesRoyalty Opportunities

Books (S&S, Warner Books, Wiley)

eBooks (Books24x7, Amazon Kindle)

Audio/MP3 Programs (iTunes, Audible)

Page 30: 1 10 Strategies to Simplify and Diversify Your Business Dr. Tony Alessandra.

30

Royalty OpportunitiesRoyalty Opportunities

Books (S&S, Warner Books, Wiley)

eBooks (Books24x7, Amazon Kindle)

Audio/MP3 Programs (NC, Audible)

Video (Made for Success, TTN, SeminarsOnDVD)

Page 31: 1 10 Strategies to Simplify and Diversify Your Business Dr. Tony Alessandra.

31

Products – Depth & BreadthProducts – Depth & Breadth

• Reminder card

Page 32: 1 10 Strategies to Simplify and Diversify Your Business Dr. Tony Alessandra.

32

Products – Depth & BreadthProducts – Depth & Breadth

• Reminder card

• Single audio or audio program

Page 33: 1 10 Strategies to Simplify and Diversify Your Business Dr. Tony Alessandra.

33

Products – Depth & BreadthProducts – Depth & Breadth

• Reminder card• Single audio or audio program

• Workbook

Page 34: 1 10 Strategies to Simplify and Diversify Your Business Dr. Tony Alessandra.

34

Products – Depth & BreadthProducts – Depth & Breadth

• Reminder card• Single audio or audio program• Workbook

• Articles

Page 35: 1 10 Strategies to Simplify and Diversify Your Business Dr. Tony Alessandra.

35

Products – Depth & BreadthProducts – Depth & Breadth

• Reminder card• Single audio or audio program• Workbook• Articles

• Video – single or video training program

Page 36: 1 10 Strategies to Simplify and Diversify Your Business Dr. Tony Alessandra.

36

Products – Depth & BreadthProducts – Depth & Breadth

• Reminder card• Single audio or audio program• Workbook• Articles• Video – single or video training program

• Book

Page 37: 1 10 Strategies to Simplify and Diversify Your Business Dr. Tony Alessandra.

37

Products – Depth & BreadthProducts – Depth & Breadth

• Reminder card• Single audio or audio program• Workbook• Articles• Video – single or video training program• Book

• E-Learning Programs

Page 38: 1 10 Strategies to Simplify and Diversify Your Business Dr. Tony Alessandra.

38

Products – Depth & BreadthProducts – Depth & Breadth

• Reminder card• Single audio or audio program• Workbook• Articles• Video – single or video training program• Book• E-Learning Programs

• Online Assessments

Page 39: 1 10 Strategies to Simplify and Diversify Your Business Dr. Tony Alessandra.

39

Products – Depth & BreadthProducts – Depth & Breadth

• Reminder card• Single audio or audio program• Workbook• Articles• Video – single or video training program• Book• E-Learning Programs• Online Assessments

Collaborations with others Topic/Product Matrix Product/Publisher Matrix

Page 40: 1 10 Strategies to Simplify and Diversify Your Business Dr. Tony Alessandra.

40

Why Use Assessments?Why Use Assessments?

• Collect data – articles, interviews, speech data

Page 41: 1 10 Strategies to Simplify and Diversify Your Business Dr. Tony Alessandra.

41

Why Use Assessments?Why Use Assessments?

• Collect data – articles, interviews, speech data

• Build an email list – sell products & services

Page 42: 1 10 Strategies to Simplify and Diversify Your Business Dr. Tony Alessandra.

42

Why Use Assessments?Why Use Assessments?

• Collect data – articles, interviews, speech data

• Build an email list – sell products & services

• Coaching – individuals, teams, companies

Page 43: 1 10 Strategies to Simplify and Diversify Your Business Dr. Tony Alessandra.

43

Why Use Assessments?Why Use Assessments?

• Collect data – articles, interviews, speech data

• Build an email list – sell products & services

• Coaching – individuals, teams, companies

• Training – customized curriculum per individual

Page 44: 1 10 Strategies to Simplify and Diversify Your Business Dr. Tony Alessandra.

44

Why Use Assessments?Why Use Assessments?

• Collect data – articles, interviews, speech data

• Build an email list – sell products & services

• Coaching – individuals, teams, companies

• Training – customized curriculum per individual

• Employment – job placement, cross-training

Page 45: 1 10 Strategies to Simplify and Diversify Your Business Dr. Tony Alessandra.

45

Online AssessmentsOnline Assessments

• Paper-based vs. Online

Page 46: 1 10 Strategies to Simplify and Diversify Your Business Dr. Tony Alessandra.

46

Online AssessmentsOnline Assessments

• Paper-based vs. Online

• Self vs. 360

Page 47: 1 10 Strategies to Simplify and Diversify Your Business Dr. Tony Alessandra.

47

Online AssessmentsOnline Assessments

• Paper-based vs. Online

• Self vs. 360

• Descriptive vs. Prescriptive

Page 48: 1 10 Strategies to Simplify and Diversify Your Business Dr. Tony Alessandra.

48

Online AssessmentsOnline Assessments

• Paper-based vs. Online

• Self vs. 360

• Descriptive vs. Prescriptive

• Off-the-Shelf vs. Programmed

Page 49: 1 10 Strategies to Simplify and Diversify Your Business Dr. Tony Alessandra.

49

Programmed AssessmentsProgrammed Assessments

• Survey Monkey - http://www.SurveyMonkey.com

Page 50: 1 10 Strategies to Simplify and Diversify Your Business Dr. Tony Alessandra.

50

Programmed AssessmentsProgrammed Assessments

• Survey Monkey - http://www.SurveyMonkey.com

• Assessment Generator - http://www.AssessmentGenerator.com

Page 51: 1 10 Strategies to Simplify and Diversify Your Business Dr. Tony Alessandra.

51

Programmed AssessmentsProgrammed Assessments

• Survey Monkey - http://www.SurveyMonkey.com

• Assessment Generator - http://www.AssessmentGenerator.com

• Questionmark - http://www.Questionmark.com

Page 52: 1 10 Strategies to Simplify and Diversify Your Business Dr. Tony Alessandra.

52

Programmed AssessmentsProgrammed Assessments

• Survey Monkey - http://www.SurveyMonkey.com

• Assessment Generator - http://www.AssessmentGenerator.com

• Questionmark - http://www.Questionmark.com

• Assess – http://assess.biz

Page 53: 1 10 Strategies to Simplify and Diversify Your Business Dr. Tony Alessandra.

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Programmed AssessmentsProgrammed Assessments

• Survey Monkey - http://www.SurveyMonkey.com

• Assessment Generator - http://www.AssessmentGenerator.com

• Questionmark - http://www.Questionmark.com

• Assess – http://assess.biz

• PAN - http://www.pantesting.com/home.htm

Page 54: 1 10 Strategies to Simplify and Diversify Your Business Dr. Tony Alessandra.

54

Programmed AssessmentsProgrammed Assessments

• Survey Monkey - http://www.SurveyMonkey.com

• Assessment Generator - http://www.AssessmentGenerator.com

• Questionmark - http://www.Questionmark.com

• Assess – http://assess.biz

• PAN - http://www.pantesting.com/home.htm

• HRD Press - http://www.hrdpressonline.com

Page 55: 1 10 Strategies to Simplify and Diversify Your Business Dr. Tony Alessandra.

55

Programmed AssessmentsProgrammed Assessments

• Survey Monkey - http://www.SurveyMonkey.com

• Assessment Generator - http://www.AssessmentGenerator.com

• Questionmark - http://www.Questionmark.com

• Assess – http://assess.biz

• PAN - http://www.pantesting.com/home.htm

• HRD Press - http://www.hrdpressonline.com

• Assessments 24x7- http://www.Assessments24x7.com

Page 56: 1 10 Strategies to Simplify and Diversify Your Business Dr. Tony Alessandra.

56

Digital Product SalesDigital Product Sales

• Shopping Cart

Page 57: 1 10 Strategies to Simplify and Diversify Your Business Dr. Tony Alessandra.

57

Digital Product SalesDigital Product Sales

• Shopping Cart

• License Resellers

Page 58: 1 10 Strategies to Simplify and Diversify Your Business Dr. Tony Alessandra.

58

Digital Product SalesDigital Product Sales

• Shopping Cart

• License Resellers

• License Other Companies

Page 59: 1 10 Strategies to Simplify and Diversify Your Business Dr. Tony Alessandra.

59

How to Find & Evaluate Opportunities How to Find & Evaluate Opportunities

Constant contact – phone, email, meal meetings, etc.

Page 60: 1 10 Strategies to Simplify and Diversify Your Business Dr. Tony Alessandra.

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How to Find & Evaluate Opportunities How to Find & Evaluate Opportunities

Constant contact – phone, email, meal meetings, etc.

Reading – newspapers, magazines, books, ezines

Page 61: 1 10 Strategies to Simplify and Diversify Your Business Dr. Tony Alessandra.

61

How to Find & Evaluate Opportunities How to Find & Evaluate Opportunities

Constant contact – phone, email, meal meetings, etc.Reading – newspapers, magazines, books, ezines

Collaboration Reputation – People call me with leads

Page 62: 1 10 Strategies to Simplify and Diversify Your Business Dr. Tony Alessandra.

62

How to Find & Evaluate Opportunities How to Find & Evaluate Opportunities

Constant contact – phone, email, meal meetings, etc.Reading – newspapers, magazines, books, ezinesCollaboration Reputation – People call me with leads

Always up at bat – many fail; some hit

Page 63: 1 10 Strategies to Simplify and Diversify Your Business Dr. Tony Alessandra.

63

How to Find & Evaluate Opportunities How to Find & Evaluate Opportunities

Constant contact – phone, email, meal meetings, etc.Reading – newspapers, magazines, books, ezinesCollaboration Reputation – People call me with leadsAlways up at bat – many fail; some hit

Networking/Connections – introductions to NEW circles

Page 64: 1 10 Strategies to Simplify and Diversify Your Business Dr. Tony Alessandra.

64

How to Find & Evaluate Opportunities How to Find & Evaluate Opportunities

Constant contact – phone, email, meal meetings, etc.Reading – newspapers, magazines, books, ezinesCollaboration Reputation – People call me with leadsAlways up at bat – many fail; some hitNetworking/Connections – introductions to NEW circles

How often do you call/email colleagues to share ideas?

Page 65: 1 10 Strategies to Simplify and Diversify Your Business Dr. Tony Alessandra.

65

If I Had to Do it Over Again…If I Had to Do it Over Again…

• Quality of life vs. Size of business

Page 66: 1 10 Strategies to Simplify and Diversify Your Business Dr. Tony Alessandra.

66

If I Had to Do it Over Again…If I Had to Do it Over Again…

• Quality of life vs. Size of business• It’s not what you gross; it’s what you net (expense

control)

Page 67: 1 10 Strategies to Simplify and Diversify Your Business Dr. Tony Alessandra.

67

If I Had to Do it Over Again…If I Had to Do it Over Again…

• Quality of life vs. Size of business• It’s not what you gross; it’s what you net (expense

control)• It’s not what you net; it’s what you save

Page 68: 1 10 Strategies to Simplify and Diversify Your Business Dr. Tony Alessandra.

68

If I Had to Do it Over Again…If I Had to Do it Over Again…

• Quality of life vs. Size of business• It’s not what you gross; it’s what you net (expense

control)• It’s not what you net; it’s what you save • It’s not what you save; it’s what you grow

(investments)

Page 69: 1 10 Strategies to Simplify and Diversify Your Business Dr. Tony Alessandra.

69

If I Had to Do it Over Again…If I Had to Do it Over Again…

• Quality of life vs. Size of business• It’s not what you gross; it’s what you net (expense

control)• It’s not what you net; it’s what you save • It’s not what you save; it’s what you grow

(investments)• Invest in your future business/products as you do

your retirement

Page 70: 1 10 Strategies to Simplify and Diversify Your Business Dr. Tony Alessandra.

70

If I Had to Do it Over Again…If I Had to Do it Over Again…

• Quality of life vs. Size of business• It’s not what you gross; it’s what you net (expense

control)• It’s not what you net; it’s what you save • It’s not what you save; it’s what you grow

(investments)• Invest in your future business/products as you do

your retirement• Keep your eye on the $$$

Page 71: 1 10 Strategies to Simplify and Diversify Your Business Dr. Tony Alessandra.

71

If I Had to Do it Over Again…If I Had to Do it Over Again…

• Quality of life vs. Size of business• It’s not what you gross; it’s what you net (expense

control)• It’s not what you net; it’s what you save • It’s not what you save; it’s what you grow

(investments)• Invest in your future business/products as you do

your retirement• Keep your eye on the $$$• Do fewer things but do them better

Page 72: 1 10 Strategies to Simplify and Diversify Your Business Dr. Tony Alessandra.

72

If I Had to Do it Over Again…If I Had to Do it Over Again…

• Quality of life vs. Size of business• It’s not what you gross; it’s what you net (expense

control)• It’s not what you net; it’s what you save • It’s not what you save; it’s what you grow

(investments)• Invest in your future business/products as you do

your retirement• Keep your eye on the $$$• Do fewer things but do them better• Clean out the clutter at least once per year

Page 73: 1 10 Strategies to Simplify and Diversify Your Business Dr. Tony Alessandra.

73

If I Had to Do it Over Again…If I Had to Do it Over Again…

• Quality of life vs. Size of business• It’s not what you gross; it’s what you net (expense

control)• It’s not what you net; it’s what you save • It’s not what you save; it’s what you grow

(investments)• Invest in your future business/products as you do

your retirement• Keep your eye on the $$$• Do fewer things but do them better• Clean out the clutter at least once per year• Monthly analysis of expense categories

Page 74: 1 10 Strategies to Simplify and Diversify Your Business Dr. Tony Alessandra.

74

If I Had to Do it Over Again…If I Had to Do it Over Again…

• Quality of life vs. Size of business• It’s not what you gross; it’s what you net (expense

control)• It’s not what you net; it’s what you save • It’s not what you save; it’s what you grow

(investments)• Invest in your future business/products as you do

your retirement• Keep your eye on the $$$• Do fewer things but do them better• Clean out the clutter at least once per year• Monthly analysis of expense categories• Don’t overbook/overcommit; leave time for…

Page 75: 1 10 Strategies to Simplify and Diversify Your Business Dr. Tony Alessandra.

(619) 610-9933(619) 610-9933

www.Alessandra.com

www.Assessments24x7.comEmail: [email protected]