So did you already start your business or are you still thinking about it? If you’ve already started your business chances are you might be feeling a bit overwhelmed already. If you haven’t already started, maybe you’re finding reasons not to start, like you’re waiting for the perfect time to launch. Unfortunately there’s no such thing as you can always find reasons not to start your company.
One of the best predictors of success in any aspect of your life is your coachability. How coachable are you? Are you what we often refer to as an “old steel guy” who knows everything? Or are you the one who’s always looking for ways to get better and improve and achieve your goals even faster?
There has never been an easier time than now to get into business for yourself. With modern technology and the resulting connectivity you could literally have a worldwide business set up and running in a matter of days. So depending on your view this could be an exciting opportunity or totally overwhelming. But just because you can set up a business, does that mean you should?
Have you been on a road trip this summer? We are big fans of road trips, always have been. And now with all the craziness going on with airlines and constant cancellations and delays, not to mention all the hassles at the airport and potential loss of luggage, road trips have become even more appealing to most folks.
It’s one of those statements you’ve likely heard at different points throughout your life. And if you’re a business owner you’ve either uttered those words or certainly thought about it a lot. It truly is lonely at the top. So what does this mean and why is it so lonely when you’re running your small business?
Staying focused can be a problem in regular life, not to mention your business life. One of the things we provide for our coaching clients is a framework to help them know “what” they should be focusing on which is our 7 Keys to Success. But that doesn’t explain “how” they can stay focused. After all, don’t we all battle some demons when it comes to staying focused?
This is one of those questions that circles around an owner’s mind quite often. Not only how often should I be in the office but for how long? Should the boss be the first in and last to leave? Or should the boss only show up whenever it’s convenient? Or somewhere in between? How about as little as possible? The short answer is, it depends!
So here we are in the middle of summer and it’s prime time for summer vacations. Are you excited about your upcoming vacation? Unfortunately, too many business owners either aren’t looking forward to their upcoming vacation or they don’t have one planned. It doesn’t have to be this way.
We recently met a husband and wife who have owned and worked together in a business for nearly three decades. They were exploring the possibility of selling their business and retiring. When we asked them what they were going to do after they sold the business they both had a sheepish grin and said they were going to “relax and enjoy life.” They want to do a little traveling and spend time with the grandkids, but the basic driver is to get relief from the day-to-day running of the business.
One of the things that folks in a leadership position wrestle with is the idea of being in control. We will often hear business owners talk about how they are accused of being micromanagers. This can result in team members not feeling confident or empowered to make many of the day-to-day decisions in running the business and instead will wait for the owner to step in to decide what to do. This can be one of the biggest limiting factors for you and your business’s success.