The best thing I ever did to help grow my business was to start working on my business in a consistent manner.
We work in our businesses every day. Without that, we wouldn’t be in business. But, a ship going fast in the wrong direction will not reach its target. Being busy just for the sake of filling up your day probably will not make you successful. Working on the business is just as important, if not more so, than working in the business.
I would say a minimum of 5% of your work week should be devoted to working in your business.
In fact, I feel this is so important that I have created five videos on how to successfully work in your business. You can find them, for free, by going to www.webishops.com and clicking on Success Planning. I started my coaching practice in 2015, but did not implement consistently working on my business until 2016, and it made a huge difference in the success of my practice.
But this isn’t just for businesses. Working “ON” is important for leadership, personal development, and pretty much every are of your life.
According to the Small Business Administration, there are over 28 million small businesses in the US, 80% of which are self-employed or solopreneurs.
Approximately 85% of small businesses will not make it past the first two years, and approximately 85% of small businesses have no business plan. That number is too close to be coincidence. Plan for success. I have started several small businesses, and the two that were most successful were the ones that I carefully planned from the beginning. As a business coach, I see the lack of planning from my clients so much that I created a series of free “Planning for Success” Webishops (webinar/workshops located at www.webishops.com) to help entrepreneurs understand the importance of planning for success. Of course, things never go according to plan. So planning for obstacles, and ways to get around them, can help you succeed that much more.
To-do lists can help a great deal, and it is important to categorize your to dos by importance.
But, there is one thing that takes a higher priority than the to-do list; your calendar. So once your to-do list is done for the day (or week), schedule the items on your calendar. Not only will this make it more likely that you will get the items done, but you will also have a better idea about how much of your day will be taken for each item.
Do you find it difficult to get to sleep sometimes? Do tomorrow’s to-do list before you go to bed. Writing the items down will help get them out of your mind so you can relax better before bed.
One of the best traits of successful entrepreneurs is the follow-through.
Some entrepreneurs are always out looking for the next great thing, but they sometimes forget to look at what’s right in front of them. As an example, an entrepreneur might be looking at a way to break into online shopping without realizing that the brick and mortar store they have could turn into a great franchise opportunity.
Resist the temptation to go in a certain direction just because it’s what’s hot right now. Doing one thing to the best of your ability will generate much more success than doing several things in a mediocre way.
It is very important to make sure the day to day working of our businesses go smoothly, but we get into the habit of working in our business and put working on our business on the back burner. We know we need to do it, but it rarely seems to get done.
That is why what I call the getaway is so important. I get out of the office the last 4-6 hours of the first Friday of every month. I gather what I need to review and preview, then find a place where I can brainstorm what I want to do for the next month.
It is important to put your devices on airplane mode so you cannot be disturbed during this time. Spend the first hour clearing your mind. Meditate, visualize a calm place, or do whatever helps you to de-stress. And this is why the beginning of each month can be a great time. It helps to start each month re-energized and re-vitalized.
As parents, we like our children to think we are invincible and the smartest person in the world. However, if our purpose is to raise children that can function in society and get great careers, that may not be the best thing to do. So, telling our children that we were wrong shows them that we do not know everything, and that apologizing when wrong about something is both good and healthy. The best way to apologize is to simply say that you are sorry, no long explanation is needed. This act will help a child grow and become an emotionally mature adult. Letting children know that you do not know everything, and helping them to research answers, will help them in school as well as the job market later in life.
We are all tempted to say things in the heat of the moment that we know we should not say.
Our feelings are hurt, and we want the other person to know how hurt we are. But lashing out at the other person will only make the situation worse. It will quickly change a heated discussion into an argument, and nobody wins an argument.
There is one trick that can diffuse an argument before it even starts. It’s the “I hear…” defense. When someone gets angry and lashes out, respond with something like “I hear that you are upset.” They may agree and lash out again. A great response could be “you seem very upset by that.” What you are doing is acknowledging their anger without feeding it. In fact, this defense usually calms the other person down because they have no more fuel for their fire. Then, once they are calm, you can start to present your side of the case. This defense will take time to master, but will make you a great negotiator whether it is in your marriage, a business deal, or with relatives over the holiday table.
Your mission answers the question; what do you do?
And it begs the question; is that really what you do? Mission is a part of doing. Your mission is part of the action. For example: Let’s say John Jacob Jingleheimer Schmidt works in a factory. He stands at a conveyor belt. His job is to put nuts and bolts into compartment B of a container so the product that this company makes will have all of its nuts and bolts for the customer when it gets shipped out. And when people ask, he says: “My job is to stand at a conveyor belt. I’m putting nuts and bolts into container B and that’s what I do all day long. It’s kind of boring, but…”
Your edict should be designed after your mission statement, not instead of your mission statement. Yes, your edict may replace your mission statement, but it is easy to mess up an edict if you do not have your mission defined. Listen to the Podcast to find out more!
I have always enjoyed helping teams to work more closely together.
And it doesn’t matter if the team is a family, group of volunteers, or a business team. One of my favorite activities is: “If you only knew…” Everyone sits in a circle and one person at a time starts with “if you only knew me, you would know that…” and reveals something that the group in general may not know. I encourage the first round to be fun or silly. Then, the second round would be more serious. I have found that, every time, people that thought they had nothing in common found that they weren’t so different. This activity works in large or small groups, men and women, and I have used it with teen groups as well.
There is a basic difference between a boss and a leader. A boss uses his/her position to get others to obey them while a leader uses his/her influence. A person does not need to be a boss in order to be a leader. A leader can lead from behind, especially when there is a weak boss. Have you ever been in an organization where the person that runs a department is not the boss, but just another worker?