Working ON the Business, Not IN it

It is very easy to work in your business. In fact, taking care of the day to day operations is vitally important to staying in business.

However, it is just as important to work on your business.

The good news is that it can take less time to work on your business than in it. I recommend my clients to take one afternoon a month and answer five basic questions that could make a huge difference in the success of their endeavors. They are: Why are you doing what you are doing? What are your core values? What is your mission? What is your strategic vision? And, what is your strategy? Knowing the answers to these questions is so important that I have created a series of free webinar/workshops (I call them Webishops) to help entrepreneurs at www.webishops.com. These Success Planning Webishops help you to answer each of those five questions, and each on only takes 20 minutes to watch. It is only by working on your business that you will find the new opportunities that are waiting for you.

Failing to plan

How are you at planning?

I had several failed startups before my latest two entrepreneurial ventures, which have been very successful. The main thing I did different these last two times was planning. According to the Small Business Administration, 85% of all businesses will fail in the first 18 months. And, 85% of all small businesses have no plan. I do not think that is a coincidence.
There are steps entrepreneurs can take to better those odds. Start by working on your business. There are five basic questions you can answer that could make a huge difference in the success of your endeavors. They are: Why are you doing what you are doing, what are your core values, what is your mission, what is your strategic vision, and what is your strategy? Working on your business, especially when starting out, is just as important as working in your business. That is why I have created a series of free webinar/workshops (I call them Webishops) to help entrepreneurs at www.webishops.com. These Success Planning Webishops help you to answer each of those five questions.

But the videos are just a taste of what you can find in the book Leadership for Introverts.

entrepreneur coach

Advice To New Entrepreneurs

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.

Introverts and Meetings

Large meeting are a great way to get noticed, in both good and bad ways.

There may be the easy going extrovert, happily pumping hands and making connections. The extrovert will be leaning forward in his chair, ready for an exchange of ideas to take place. Then there may be the introvert, backed against a wall, afraid someone will talk to them because they have no idea what they will say back. When the meeting actually starts, which usually takes a year or two, the introvert will sink into his chair, hoping he won’t be called upon. Too much external stimulation makes introverts shut down, but there are things that can be done when a quiet person needs to get his voice heard.
Try to get ahold of the meeting schedule beforehand. Or, send an email to the person who scheduled the meeting to see if you can get an idea of the topics that will be covered. As an introvert, you can use that information to plan ahead what you will talk about. And, since introverts process internally, this will give you time to come up with good ideas. The added benefit is that you will also feel (a bit) more comfortable during the meeting.

And keep a lookout for the #leadershipforintrovertsbook due out soon! Keep updated at www.leadershipintroverts.com.

Motivation

I’ll Get Motivated Later

Motivation is vitally important to success.

Success generally happens when a person gets unstuck, and it is the motivation to get unstuck that can start a person down the right path. But motivation itself will not make a person successful; it is taking action on that motivation. The reason why many people who go to a motivational seminar get pumped up, but three days later are no better off than they were is because they did not take action on the motivation.

So the next time you start to feel motivated, act on it. And determine what you can do to stay motivated so you can continue to take action. Did you see something on TV that gave you a great idea? Shut the TV off for a bit (no, you won’t die). Write your idea down, and write down three things you can do to work toward your idea.

THEN find one thing you can do within the next 24 hours to take action on that idea. Accomplishing one small task will give you a small win, and that may help you get motivated to work on the next task.

And be sure to watch the Success Planning Series of #Webishops at www.webishops.com.