What do I do when I am stuck in my business?
It is extremely foggy in New York City this morning. I can barely see the water right in front of me. It is the same feeling my clients and I have felt about our businesses. Stuck. No clear vision. Unsure of which direction to go in. This is the call I often get from my entrepreneur and CEO clients. When you are leading a team and financial resources what do you do when you are unsure how to proceed? 1. Stop 2. Think 3. Assess where you are 4. Collect new knowledge 5. Clarify...
Read MoreHow to Overcome Obstacles in My Business
An 8 month old baby learns to walk by committing to walk. Even though she falls flat on her face with a bruise, even though she bumps her head with a scream on the table, even though there is a beautiful fluffy pink toy blocking her way – she succeeds because she focuses on the end goal – walking – and not on the obstacles in front of her. The same is true for you in your business. As payroll gets messed up and a hundred manual checks need to be produced because direct...
Read MoreFive Vital Words to Communicate in Your Company
When my five-year-old forgets to say please, I lift my hand and bend my 4th finger without a word, which serves as her reminder her to say a very important word. There are 5 fingers on each hand to remind our team to say the 5 key words – please, thank you, excuse me, hello and goodbye. These five words are the staples of respect at your company. Appreciation costs your business nothing which at times can be more valuable than a raise, bonus, marketing gadget or a new...
Read MoreWhat do I do when I am drowning in my Business?
What happens if you start to drown in your business? You will have to learn how to swim really fast. And those swimmers who do will become the fastest swimmers in the pack. Us business owners know when you are 100% committed you will figure it out. Onward and upward. Here is how: 1. See the obstacles as an opportunity to learn something. 2. Strengthen your skills and knowledge before you tackle the issue. 3. Breathe and see the obstacles as just a test to make your business...
Read MoreRadical Change
There is evolutionary change and revolutionary change. Sometimes revolutionary or radical change is necessary to change something major. Radical change is high risk with high rewards. Evolutionary change or gradual change is lower risk with change over time. Knowing which change to use and choosing the best one for each circumstance is key. The awareness of each change will help you figure out which obstacles and roadblocks are in front of you so you can remove them one by...
Read MoreHow do I Bootstrap my Company?
Bootstrapping is a skill. When you see people achieve unbelievable feets with little of no money that is bootstrapping. It is easy to spend money to fix a problem however the true root of the problem may never be fixed. Companies often throw money to fix a problem. For example by hiring a new employee to perform work which should be systematized or overlook the issue that is draining cash from the business. The skill of bootstrapping is using pure wisdom to figure it out...
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