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January 2018 Features
Greetings!

TAB Twin Cities Member Michael McGuire was a keynote presenter at the Aflac Minnesota 2018 Kick Off Meeting.  As the Aflac PAC Ambassador, he gave a legislative update covering the impact on employee benefits by the New Tax Reform, future Market Stabilization legislation and the importance of the Aflac Political Action Committee.   He also spoke about possible political changes in 2018 and 2019.  The Aflac PAC is the 5th largest health insurance Political Action Committee in the nation.  Kudos to Mike!

Also - a big welcome to new TAB Twin Cities member Bayon IT!

Mark Komen, Owner, TAB Twin Cities - North/Central

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Management and Strategy
The BANT Method
Qualifying an opportunity, use the BANT method:
 
• Budget, is it defined, approved?
 
• Authority, does the person you are speaking with have the authority to make a decision, if not, what is the process?
 
• Need, do they have a need that makes good business sense, will there be an ROI?
 
• Timing, do they have a defined timeline to start and finish the project. Is there a team in place to work on this project?
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Human Resources
Mail in the CV/Resume

Ask applicants to MAIL their application letter and CV to you. This ensures that applicants really WANT the role and have done as you requested. It also avoids the huge number of overseas applicants that email CV's for every job—whether their skills fit or not!

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Quick Tips
Evaluating Software

I found a way to have the software we’ve had developed over several years evaluated by an independent party. They gave the code an A+. Now I feel even more confident in our solution and in our developers.


— Melissa Baker, Xebee Records
Mergers and Acquisitions
When purchasing or merging with another business, do not underestimate the value of keeping the original phone numbers for the company you are acquiring. Customers will keep those numbers around for a long time and call it when they have a need. You want to be answering that phone.
 
For example, a TAB Board Member is still receiving orders from a company he purchased 7 years ago—even though the number is no longer advertised.

— TAB Winnipeg Board 401
What’s Stopping You?

Is your analytical mind keeping you from growing faster than you otherwise would?


— Chip Roepke, ContactPC
All About Trust

Trust is the foundation of everything you do: employees, customers, everything. Tie business goals to personal goals to fuel your motivation.


— Chad Williams, Rockhaven
Can You Answer This One Question?

To find your story, answer this question: In one sentence, what gives you joy about what you do?


— Denise O’Malley, You Define Wellness!
 
Upcoming Events & Webinars
 
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Webinar
TAB BOSS Educational Series
 
January 18, 2018
Using LinkedIn to Generate Leads and Cultivate Thought Leadership
 
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Maximize Your Business Potential!

TAB helps forward-thinking business owners grow their businesses, increase profitability and improve their lives by leveraging local business advisory boards, private business coaching and proprietary strategic services.

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Hear What Members Have to Say...
 
 
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"The TAB environment allows me to see many new potential opportunities to grow my business to a new level. Sharing ideas with owners from varied industries has given me a totally new perspective for my business, and you can’t put a dollar figure on that."
 
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Giacomo Giuliano
 
President PPM Fragrances Int’l

 

 
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"Both components of TAB - coaching and board meetings - are very different but equally rewarding in that I am held accountable for my decisions in a way that nobody who worked for me could ever do. My facilitator has become so ingrained in the business that I rely on his counsel for every major decision and many intermediate decisions."
 
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Philip Rosen
 
Managing Partner
Bloomgarden, Goudreau & Rosen, P.A
 
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Mark Komen
 
 
 
 
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