Taking Care of Business in the Hospitality Industry

When people ask why I became an independent hospitality professional, I reply with the following. I was taking care of business to achieve my dream utilizing my experience of over 25 years in the hospitality industry.

I will admit that I have always been a huge Elvis Presley fan. His entire entourage (the Memphis Mafia) had the initials TCB on them for Taking Care of Business. This name came from the TCB Band which was the name he selected for his band when they went on tour. The Taking Care of Business slogan is one he adopted for both his personal and professional life. I think this is a great acronym and slogan for all of us in the hospitality industry.

Our industry is in an economically strong period with demand at an all-time high. It has challenged me to sit back and ask…what is my definition of taking care of business for my business? The following are five things I feel are important to achieving success:

1. Be intentional…those with a game plan and are specific about what they want, achieve their dreams.

2. Take action…TODAY!

3. Do not fear failure…be willing to take risks that may not work out as planned.

4. Pick yourself up when you fall down…when you do fail, learn from what went wrong and get back in the game.

5. Celebrate your successes…TODAY!

Elvis was ahead of his time with his music. He may have also been ahead of his time with a leadership and management philosophy that could help each of us be more successful each day.

Are you taking care of business?

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Author: Doug Baarman

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Date: September 7, 2015

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