How do you get your employees and family behind your dream of growth and expansion?

Growth and expansion are TOUGH in any environment and it takes “all hands on deck” to grow effectively.  Here are some key things to consider about growth:

    • Is Your Subconscious Sabotaging Your Efforts: Not that we’re psychologists (nor do we play them on TV), but one of the primary functions of our subconscious mind is to keep us safe.  Often, this means that your dreams of growth/expansion may clash with the hidden desire of you subconscious (or that of your team members, family members, and friends) to keep you “safe” and maintain the status quo.  This is a key reason that it’s critical to surround yourself with people who are bolder and brighter than you to help power a leap forward in your business.  Without that energy, it can be very challenging to shift into growth mode. Lean on strategic advisors and key team member that also see a path forward to grow/expand.

 

    • Shift To “Heart Power”:  Most people are familiar with horsepower, a measurement of output by engines from lawnmowers to jets…but what about “heart power?”  Simply put, “heart power” is the ability to inspire others, to create a compelling “call-to-action” that entices people to leap out of their seats and charge into the fray.  One of the primary reason those closest to us may not get behind our plans for business growth is that we haven’t yet painted a vivid picture of what that growth will look like and what kind of positive impact it will create on team members, clients, and other stake-holders.  As business leaders, we must be able to effectively harness “heart power” to fuel the growth engine of our entrepreneurial ventures.  Remember, without vision, the people will perish (Proverbs 29:18).

 

  • Cut Out The Negative: Assuming you have a clear vision for growth and have surrounded yourself with some team members/advisors that are bolder and brighter than you, there’s one more step you may have to take.  Unfortunately, sometimes those closest to us are also the ones who give us the most negative flak about our business.  While they are often well meaning and just don’t want to see us take too many risks and “get hurt”, continued negativity can be very draining to deal with.  As the late inspirational speaker Jim Rohn often said, “You’re the average of the 5 people you spend the most time with.”  As a result, you may have to limit contact with people who are actively trying to sabotage your success or prevent you from moving forward.  It can be tough to do…especially if they are close friends/family members…but sometimes it just has to be done!

 Missed the last VIRTUAL Jam Session? Don’t worry, you can listen to the June 2013 Replay by clicking here.

June 2013 Top Take-Away #3

This question was submitted by an independent distributor in several network-marketing (aka multi-level marketing or MLM) businesses in Ft. Benning, GA. Although he’s been at it for nearly 20 years, he hasn’t reached the income level he desires and wonders if its time to hang up his entrepreneurial hat and just get a regular job again.

This is a feeling that many entrepreneurs struggle with at some point in their endeavors, but since he’s been at it for two decades, its time to ask some tough questions:

    • Check Your Entrepreneurial Anatomy: It’s been said numerous times that one definition of madness is doing the same thing over and over again and expecting different results.  If you’re facing constant struggle running your own business, its time for some gut checks.  Here are several key questions to ask yourself:

 

      • Do you really have passion/guts of your business?
      • Are you willing to do whatever it takes to succeed?
      • Are you ready to take decisive action NOW to make needed changes?

 

If you are answer to all of the questions above is a resounding yes, then congrats…you can still keep your entrepreneur card.  However, if you can’t look yourself in the mirror and honestly answer all the above in the affirmative…it may be time to move on.

    • Don’t Let Failure Get In The Way: True entrepreneurs never let failure derail their dreams.  All business suffer setbacks and failures…from early start-ups to seasoned pros.  It’s not a question of if you’ll have failures – it’s only a question about what you’ll do with the knowledge gleaned from your occasional missteps.  “Wantrapreneurs” or wanna-be entrepreneurs are all excited about business until they run into their first couple of roadblocks, realize it’s actually real WORK and then either get disenchanted or go off chasing another “get rich quick” scheme.  Real entrepreneurs keep pushing the envelope, take the occasional failure in stride, learn from it, and keep improving…they just refuse to give up!

 

  • Are You Ready For Hard Work? Most “overnight successes” are 7, 10, or 15 years in the making!  When you see business owners/entrepreneurs with big houses or fancy cars, what you don’t see is the years of 80+ hour weeks busting their butts that got them there.  Too many people fall for the “infomercial” version of entrepreneurship and think they can achieve overnight success for 3 easy payments of $19.99.  In the real world, it doesn’t work that way.  Entrepreneurship is TOUGH, which is why so few people pursue it.  Don’t get seduced by the sizzle…if you’re serious about succeeding, it’s time to redouble your efforts, roll up your sleeves and get to work!

Missed this VIRTUAL Jam Session? Don’t worry, you can listen to the Replay by clicking here.

FLASHPOINTS: Ready, Set, Recruit!

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Organizations are like organisms.
Their not immune to infections, disease and dysfunction.

When recruiting team members, do you consider how team dynamics may shift with the latest addition? While that decision may not mean life or death to individual team members, dis-ease and personality conflicts could mean life or death to your organization. Really, it’s that serious. Consider these tips when introducing new key team members: 1) Be sure you understand what inspires your team, then reinforce it during seasons of growth; 2) Informing your team why you chose this superstar over other candidates will reinforce the positive attributes and expectations you hold for the team; 3) Remind each team member how they positively impact the success of the team; and 4) Don’t be afraid of making course corrections by enlisting new members if recent recruits simply don’t perform. Ready, set, recruit!

FLASHPOINTS: Get Mapping!

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Do you know where you’re going to?

You can’t book a vacation without first deciding where you’re off to, right? Similarly, in life, it helps to have a clearly defined vision of our dreams and destination in order to plan the trip. Where do you want your journey to take you? When do you want to arrive? Start with your ending point in mind, and work backwards. Like any adventure that begins as an easy jaunt, excitement and growth often comes from the unexpected detours along the way. What do you hope to achieve within 10 years, 5 years, 2 years, 1 year, and in the next 6 months? Taking the time to map out your strategy is a fundamental part of achieving your vision. So what are you waiting for? Get mapping!

June 2013 Top Take-Away #1

Do I Need a “Business Therapist?”

This Take-Away comes from a listener in Santa Fe, NM who runs a custom jewelry business with a good team and excellent year-over-year growth. She feels she routinely talks herself out of good business ideas and is concerned she might be sabotaging her business.  Ultimately, she wonders if she needs a business therapist!

We recommended she consider the following:

    • Analyze Briefly And Move Forward: It’s natural to get stuck in neutral from time-to-time because of our own fears.  When a new business idea comes up, analyze the pros and cons of your new idea, make a decision, and then move on. Don’t waste too much time/energy getting bogged down in “analysis paralysis.”

 

    • Look For Outside Perspective: The old saying “It’s lonely at the top” is true for many business owners.  Try not to make key business decisions in isolation.  Instead, participate in a Mastermind group or hire a mentor/coach that can provide some outside perspective on your business idea.  We’re often too close to our own business to clearly see opportunities and pitfalls that are painfully obvious to others.  A good Mastermind group is often essential to long-term success.

 

  • Stay Connected with Other Forward Thinking Business Owners: Just like a great mentor or Mastermind group can be invaluable for business growth, so too can connecting with larger groups of like-minded entrepreneurs that are committed to success.  Consider attending a couple of top-notch business conferences each year so you can stay informed on best practices across all areas of business.  Events such as entrepreneurUPRISING 2013 that we’re putting together in LA from Oct 3-5, 2013 EUprising2013.com.  We’ll be bringing in some  of the best business minds out there to help your business move forward!

Missed the last VIRTUAL Jam Session? Don’t worry, you can listen to the June 2013 Replay by clicking here.

FLASHPOINTS: Here’s An Idea

Innovation flourishes when grand ideation meets bold action.

The geneses of ingenious ideas often come from reflection on challenges or opportunities we’d like to solve or improve. If ideation & innovation aren’t really your thing, start enlisting blue sky thinkers to brainstorm and fantasize about your desired outcome. Good ideas often come from bad ones, or ideas that were good once upon a time, but are no longer viable. Generating grand ideas and fostering an environment of innovation begins with a positive, can-do attitude…so check your sense of reality at the door, and have fun.  Start small, if you must, but shake things up, and try a new approach whenever possible.  Here’s an idea, try taking a different route to work tomorrow and see what you learn. What old idea turned new could breathe life into your life?