business ownership

5 Keys to Finishing the Year Strong

We are in the Fourth Quarter of the year, also known as the Home Stretch!  This is the time of year to look at where you are and choose where you want to be at the end of the year.  Over the last 15 years, I have identified 5 Keys to Finishing the Year Strong.

Key #1 is to Prioritize – it is really easy to get caught up in all the minutiae of the day, so setting your Top 2-3 Priorities that you can use to keep you on track is vital.  Then share these priorities with your team.

I Love it When a Plan Comes Together!

Growing up I used to love watching the television program, The A-Team. I would plan my entire daily schedule around the show’s airtime. Now, for those of you too young to remember the show, it was a group of wrongfully accused military personnel who were hired to complete seemingly impossible missions by individuals who had tried everything else to get justice. The missions the team went on were fantastic to watch, especially for a young boy who loved the adventure and action. At the end of every show the leader of the team, Colonel John “Hannibal” Smith, would chew on his cigar and say, “I love it when a plan comes together.” At 6 years old I had no idea how profound that statement was, and how it pertained to every aspect of life, both personally and professionally, until I was much older.

Your #1 Client

I spend a lot of time observing other businesses and business owners, always looking to pick up an idea or two that I can apply to my own business or teach my clients.  One of the things I’ve recently noticed is business owners who put everything and everyone ahead of themselves.  While I understand (and believe in) the servant leadership model, it doesn’t require us to stop caring for ourselves ahead of others, and in fact might even require us to take better care of ourselves. 

I started asking my clients who their #1 Client was, and across the board I got one of two answers, both wrong.

Back to Basics

Two weeks ago I got to check off an item on my Bucket List, which was to train new Coaches and Franchisees how to be great coaches.  In the process of preparing to train, I spent several hours going through the training materials, and quickly realized that I was going to learn as much, if not more, than the trainees would!

After 15 years of coaching, I realized that I’ve probably forgotten more than I remember! The hours spent preparing and the 3 days spent training were a less than subtle reminder to get back to the basics of how we become successful.

We Hold These Truths...

“We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness.” Each year as we approach the celebration of Independence Day here in the United States, I set aside time to read the Declaration of Independence and reflect on what this document means to me. The impact of this document and the country created by it has resonated around the world for the past 243 years, giving those seeking opportunity a place to achieve greatness. For those of you who were brave enough to take a chance on your dream of starting a business, and who now reap the rewards that came with taking that risk, congratulations! My hope is that your business is providing you with the following: Life, Liberty, and Happiness. How would you rank yourself on a scale of 1 to 10 in each of those areas?

The Cycle of Business

Many business owners find themselves in the trap of trying to do too much and not allowing their employees (team) to help them.  This is probably the single biggest inhibitor to growth that I have witnessed over the last eight years of coaching businesses – the failure of the owner to get out of the way, and to empower their team.  Too many owners feel that it is their responsibility to personally take care of everything, because “I can do it better” than anyone else.  All that this approach provides is the guarantee that you will be the busiest and least paid (on a per-hour basis) employee in your business, the only one who comes in early and stays late.  If you enjoy being a slave to your business and your customers, stop here.  If you need to get past that, read on.

7 Keys to Your Best Year Ever

Around this time every year, we start to forget our annual goals, we break our New Year’s Resolutions, and we regret that gym membership.  So what is it we can do to break out of our bad old habits and actually take the steps to have our Best Year Ever?  Well, I’ve found 7 simple steps that can help – here they are in no particular order…

Are Your Business and Life Out of Alignment?

Many business owners get to the point in their business and their life where things just stop improving. They reach a comfortable level that many call a plateau, where things are good but not great, and the majority of their previous level of dissatisfaction is now eliminated. While this may sound like a nice place to be, it is also a dangerous place to be. Staying at this plateau can led to complacency, and when you least expect it, it slowly takes you right back where you were without you ever realizing it.

The Keys to Peak Performance

As I returned from 2 days of training in the keys to peak performance at the US Olympic Training Center (USOTC) in Colorado Springs, and thought I would share some of what I learned from this amazing experience. The USOTC is home to some of the world’s finest coaches, trainers, sports psychologists, physical therapists, and yes, athletes. What we learned about elite athletes and how they train is directly relevant to how you can become an elite business owner.