Delta Media Group's Blog
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- 2026 | 49 Posts
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- 2024 | 114 Posts
- 2023 | 143 Posts
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- 2015 | 68 Posts
24
How to Deal with Coronavirus in My Business: An Analytical Approach to Business Leading Indicators Part 2
Yesterday I talked about trending data as we are seeing it now. You can find that article by clicking here, and you may want to read it before reading this article.
For this article, I want to discuss a tool that I have found to be invaluable in my businesses called Rate of Change. This tool, or methodology, comes from ITR Economics. I was introduced to ITR Economics ten years ago through my Vistage group. What stuck out to me about this methodology of analyzing current data and leading indicators is it provided early insight into trending changes that affected my business.
Specifically, for Delta Media Group, using this methodology, I found early indicators that gave me an eleven-month indication of coming changes, good or bad, happening in the business. Imagine knowing eleven months ahead of time, or even just two or three months ahead of coming changes in your business. For me, it has been a game-changer, and I want to share with you what I see right now as it relates to the residential real estate industry.
23
How to Deal with Coronavirus in My Business: An Analytical Approach to Business Leading Indicators Part 1
Five weeks ago, I was meeting with fifteen business owners, and we were talking about how good business is and how we should be planning for a black swan event. We all agreed that we should as we continued talking about watching our business metrics as all of our businesses were growing at phenomenal rates. Times would be good, and I would have never thought that I would be writing an article just five weeks later in the middle of a black swan event.
But here we are today dealing with the impact of Coronavirus on our lives and businesses.
All of us, while waiting to see what our government will ultimately do in the form of bailouts, are working and planning in our businesses. What I want to draw all of us towards is our business metrics.
Two weeks ago, at the Leading Real Estate Companies of the World (LeadingRE) Conference in Las Vegas, Aaron Geh and I pivoted our speaking session to partially discuss business metrics to pay attention to. In this article, I will attempt to outline what metrics you can pay attention to and how to interpret trending data that you can produce now if you aren't already tracking such data.
23
Time Management Secrets for Real Estate Agents
How often do you find yourself wishing there were just a few more hours in the day? It's a common refrain for anyone who works in real estate because there's always something more to do to grow your brand, generate new leads, and keep in touch with existing clients. Fortunately, with the right tools, the right mindset, and time management secrets, you can use your time more efficiently without ever compromising on the quality of your work.
19
Update to Delta Media Group's Operations During Coronavirus Outbreak
To all our valued customers:
I would be remiss if I didn't say that Coronavirus has taken everyone by surprise and caused us to revise our 2020 plans. Prior to Coronavirus, we were having an economic boom, especially within the real estate sector.
The good news for our sector is that the overall fundamentals of our economy are strong going into this and the stimulus that our government is providing should help greatly lessen the overall impact on our economy.
Two weeks ago we took proactive measures to lessen the impact of Influenza and Coronavirus to our team with increased cleaning of our office and social distancing through suspending our weekly group lunches and all-company wide meetings.
As an additional precautionary measure today I asked all Delta M...
18
Outsmart the Coronavirus
How We Can Help Each Other
Until the last several weeks, most of us knew nothing about the coronavirus (COVID-19), its symptoms, its spread across the United States and other countries, or what we can do to combat it.
All that changed since COVID-19 turned the world on its head. Schools, local businesses, sports, and entire industries are on hold. Phrases like social distancing, self-quarantine, and flattening the curve are a part of our daily vocabularies as concerns about social responsibility become mainstream.
