think positively, big, creative

Are You a Victim of Your Own Thinking?

Do you believe you create your own destiny or think that destiny is a matter of luck? Okay, we can’t control everything in life, but we can control our response to it — what we think, how we feel and what we do about it. Often, it comes down to our own thinking — what we expect or believe.

Whether you think you can or think you can’t, you are right — Henry Ford

Have you become a victim of your own thinking?

If so, then it’s time to turn it around. Start by getting clear on what you want to BE, to DO and to HAVE. Write it down in the form of specific goals. When defining your goals, take a minute to think about why they are important and how you will feel when you get what you want.

Now that you identified what you want, ask yourself this very important question “What actions or behaviors do I need to take or change to make it happen?” Be sure to identify what actions you will need to take to get what you want because nothing happens until you actually do something!

Next, give affirmations and visualization a try! I know some of you may be skeptical – I certainly was until I starting doing it – and found that it worked. Positive self-talk and visual pictures depicting your goals, puts the power of your sub-conscious mind to work for you! Your mind is a powerful tool – and it never takes time off!

Finally, start asking yourself better questions! When faced with a challenge, too often we ask questions that are almost victim-like in nature such as, why do I have to work so hard to make so little or why can’t I find better employees? These focus more on the why or what you don’t want … and certainly won’t do much to inspire you.

If we agree you are a victor, not a victim, who takes responsibility for making things happen, then start replacing the why with how or what questions. These force action or doing — and isn’t that a key to getting what you want?

Here’s a few ‘victor-like’ questions that I picked up from author, Steve Chandler:

  1. How can I use this circumstance to my advantage?
  2. How can I differentiate myself in the customer’s eye?
  3. What’s something creative I can do this week to get my customers talking?
  4. What steps can I take to grow this business?
  5. What can I do better to insure I can spend more time with my spouse and/or children?
  6. How can I help my people (or customers) more?

Do you see the difference? So stop asking why and start asking what or how! Change your attitude and become the Victor you were destined to be!

Ready to Put Your Business on the Path to Success?

Would working with a business coach help you take your business to a whole new level? Then let’s explore the possibilities with a complimentary consultation. It’s a chance to get to know each other, discuss your goals and the obstacles that hold you back. Together we can determine if there is a good fit between your needs and my services.

To learn more or schedule an appointment, call me at (856) 533-2344 or drop me an email Joan@HybridBizAdvisors.com

broken-chain2

3 Steps to Kill the Limiting Beliefs That Sabotage Success

What beliefs do you hold to be ‘true’ that really aren’t? We all have some – those little self-sabotaging thoughts that act as constraints in our business.

Here’s a few common ones: It’s impossible to earn a profit in this economy, I can’t get good help, customers are never satisfied, customers only care about price, marketing doesn’t work, I can’t get my people to do anything unless I’m there watching over them or I can’t make more money unless I work more hours.

Any sound familiar? The problem with paradigms like these – they give you an excuse to settle for less, accept mediocrity or give up completely. After all, how committed will you be to ACT if you believe your actions won’t matter.

Create Positive Thoughts

So how do you make them go away and get on the path to success? Here’s a simple way to turn negative beliefs into positive thoughts.

First, write down all the negative beliefs that you hold to be true. Big or small, write them down.

Next, turn each negative belief around – and create a powerful statement of what the ideal would be. For example, replace ‘It’s impossible to earn a profit in this economy’ with ‘I’m so grateful my profit has tripled in this economy’.

Finally, write all your ‘new’ positive statements on an index card. Each morning and evening, read them out loud, with passion, like they are already true. Add a little visualization – envision how you feel with your new ideal belief — and you are on your way.

It may sound crazy, but it works because the brain believes whatever you tell it. It doesn’t judge! You can change a negative belief, attitude or behavior into a positive one within 30 days. Once you kill the paradigms, you have the foundation for taking action.

Don’t let attitudes held by others, but not supported with fact, hold you back. Kill the paradigms and start taking action to go from where you are to where you want to be.

Ready to Put Your Business on the Path to Success?

Would working with a business coach help you take your business to a whole new level? Then let’s explore the possibilities with a complimentary consultation. It’s a chance to get to know each other, discuss your goals and the obstacles that hold you back. Together we can determine if there is a good fit between your needs and my services.

To learn more or schedule an appointment, call me at (856) 533-2344 or drop me an email Joan@HybridBizAdvisors.com

procrastination steals time.money

Ready To Stop Procrastination?

Procrastination is an enemy of small business owners, stealing both your time and money. It’s not a matter of laziness or a lack of ambition. Most owners are committed to hard work and very motivated.

Why People Procrastinate

While we all procrastinate at times, here are some common reasons and what you can do about it.

#1 – You feel overwhelmed. You have a never ending to-do list, take on too much and have difficulty prioritizing.  Overwhelm often leads to inaction or maybe starting but never finishing tasks. In many cases, this is a result of poor organization and time management skills.

Fortunately, these skills can be learned and developed.  Plus, the tools you need, including a to-do list and calendar, already exist. Check out 3 Habits to Help You Take Control of Time to learn more.

# 2 – You don’t like the task.  When you perceive a task to be boring, time-consuming or difficult, you try to avoid it. It’s human nature. And since you are focused on the negative, such as it’s too hard, it’s really about attitude.

Solution.  Change the focus to something more positive. For example, I will learn something new or it’s a good opportunity for the business. With a different attitude, you’ll find the motivation to get started.  Taking the first step is often all you need.

#3 – You get distracted. Technology has increased this problem. Smartphones and social media have made it easy to access everything from videos and news to everyone — family, friends, staff, and customers.

The solution.  Identify your most common distractions and ‘turn them off’. Put the phone away, turn off the notifications, shut your office door when you don’t want to be disturbed. Next, create a work environment that is pleasant and organized.  Files, excess papers, and magazines can also cause distractions. Put them away or throw them out!

#4 – You sabotage yourself. Whether it’s fear of failure, perfectionism or staying within your comfort zone, your self-limiting beliefs hold you back.  They prevent you from taking action, trying new things or finishing tasks until everything is perfect.

The solution.  Recognize procrastination when it happens. Ask yourself, why are you procrastinating? Acknowledge your thinking and then look for the opposite of your thinking pattern.  For example:

  • If perfection is a problem, remind yourself that 80% today is far better than 100% next month. Good is good enough!
  • If you feel overwhelmed, simplify complex tasks into smaller ones that you can tackle one piece at a time.
Additional Ways To Get More Done
  • Share your goals and deadlines. Tell at least one other person so they can lend support, help you stick with it and hold you accountable.  Find an accountability partner.
  • Celebrate and reward yourself. When you finish or accomplish things, especially those pesky tasks you’ve been putting off, reward yourself.  Then check it off the to-do list – it feels great!
  • Plan some me-time in your day. Staying focused on the tasks at hand is easier when you have something to look forward to – your reward for being productive.  So schedule some time to do at least one thing you enjoy every day – from exercise to video games.

Remember, procrastination is simply a habit you form – and it often creates more stress. You can change any habit by recognizing the cause, changing the behaviors and taking action!  Try some of these tips to help you get more done each and every day.

Ready to Put Your Business on the Path to Success?

Would working with a business coach help you take your business to a whole new level? Then let’s explore the possibilities with a complimentary consultation. It’s a chance to get to know each other, discuss your goals and the obstacles that hold you back. Together we can determine if there is a good fit between your needs and my services.

To learn more or schedule an appointment, call me at (856) 533-2344 or drop me an email Joan@HybridBizAdvisors.com

Personal growth

Invest In Yourself: It Pays Dividends

Accelerating your success does not always require huge increases in effort, time or money. Brian Tracy uses a great analogy to make this point. In a horse race, the first place horse might earn $100,000 while the second-place horse might earn $50,000. The first horse got twice the money not because it ran twice as fast as the competition. It only had to be a nose ahead.

So what can you do personally to create distance between you and your competitors or improve your results and income? The answer is simple – invest in yourself by learning new things and developing new skills. As Ben Franklin said, “An investment in knowledge pays the best interest.” It also translates into higher earnings and income. And it doesn’t require a lot of time or money – just a commitment to personal growth and passion for success.

Reading: A Competitive Advantage

Consider the fact that the average person reads 12 books in a lifetime. While this is a sad statistic, it clearly demonstrates an opportunity! According to Dr. Donald E. Wetmore, if the average person read for just 15 minutes per day, they would read 12 books per year and well over 600 books in their lifetime. Talk about a competitive advantage – and for just 15 minutes per day!

If you spend a lot of time on the road, invest in audio books and turn your car into a learning center. Today, most of the best-selling business and personal development books are available on CD or audio download. They are also available for Kindle or other readers — so you can always have a book handy while on the road! Don’t feel a need to listen or read them once. I’m always finding new ideas from books I’ve read or listened to previously.

Want to maximize your learning while leveraging your time? Here are a few tips you might want to consider. First, invest in an executive book summary subscription. The summary provides a recap and key ideas contained in the book – without reading the entire book. Busy executives and professionals use these to stay abreast of changes and develop new ideas – you can too! Second, join a book club and gather with others to discuss and learn. Some professional organizations offer these as a member benefit.

Do you learn more effectively with the help of others? If so, attend interactive workshops, seminars or webinars to improve knowledge gaps or simply to get new ideas. If you can take away and implement just one new idea in your business, you’ll find the results will amaze you.

Finally, make an effort to meet and build relationships with other successful business owners – inside and outside your own industry. Sharing information is a great way for both of you to learn and improve your businesses. Whether you do this with a group or one-on-one, make spending time with other successful owners part of your personal development plan. A word of caution here. Surround yourself with owners who have a similar passion for success. Avoid those who constantly play the role of victim since they will simply pull you down.

In conclusion, learning new ideas and ways to do things better is one of the keys to success. But at the end of the day, you must take action or do something with what you learned in order to impact results. Remember, the only difference between YOUR income and lifestyle now and in five years will be the people you meet, the knowledge you build and the actions you take – applying what you learn. So start investing in yourself and you too will reap the rewards.

Are you looking for some great books to help you learn and grow?  Here are some of my recommendations for business owners.

New Monthly Article & Business Tools

For new business improvement articles, exclusive tools and insights on entrepreneurship, click here to subscribe to my monthly eNewsletter. When you do, I’ll also send you my free eBook, How to Build Profit Through Leverage.

Where Does Your Time Go?

Where Does Your Time Go?

The Secret To Get More Done

It’s no surprise that a lot of new year goals and resolutions include get more done or be more productive.  But  the key to changing behaviors, such as time management, begins with recognizing the problem or need.  If it’s one of your goals, you’ve taken the first step.

Fact, there are only 24 hours in a day.  You can’t add more hours.  But you can get more done when we improve efficiency and eliminate the time wasters.

Below are seven  common reasons why people lose precious time each day along with some suggestions to correct them. The good news is that little improvements in any of these areas help you get more done at work and at home.

Disorganization.  Whether in business or at home, getting organized is a key to getting more done.  If you spend a lot of time ‘looking for stuff’ to start or finish a project  or work in an environment full of clutter and distractions, tasks becomes a chore and take longer to complete.

Solution:  Make getting organized a priority.  Create a filing system (onsite or in the cloud) that works so papers and other important documents are off your desk and stored in a place that is easy to find.  Take advantage of scan technologies to keep important information – without the paper!  Instead of post-it notes, use a calendar and centralized to-do list (paper or electronic) to remind you of important business and personal meetings, tasks and activities.

Unclear Goals/Lack of Focus.  Without clear goals, everything looks like a priority and it’s difficult to focus on the right stuff!

Solution:  Set specific personal and business goals.  Then identify what you need to do in order to achieve them.  Chunk down the activities where needed and schedule time to work on them.  Whether you call it an action plan or not, use this list of goals, activities and completion dates as the litmus test when faced with requests for your time.  Is the task or request moving you closer to your goals or simply a distraction that holds you back?  Say NO to things that don’t move you forward.

Too Many Text and Phone Interruptions.  In the cell phone era, it’s become easy for people to connect with you at any time.  Most people silence phones when in meetings – it’s the professional thing to do! But what about when you are working on projects or other important tasks? These little interruptions rob you of precious time.

Solution:  Silence the cell phone or put it away so it’s not a distraction.  Set expectations and boundaries, define your working hours (even if you work from home) and communicate them to clients, family and friends.

Poor Planning.  If you want to accomplish more, you need to plan better.

Solution:  As I mentioned above, a central to-do list and calendar helps keep you organized and focused. But you need to block off time and put tasks on the calendar to actually work on them.  Most people assume they can accomplish things quicker than they can.  Be reasonable, allow for some unplanned stuff and build in a little buffer time.  Don’t beat yourself up when you don’t finish something. You’ll improve your planning and scheduling as you learn. Just start doing it.

Procrastination.  This is a big time waster and often results when you are unclear on what you need to do  or you are faced with doing something out of your comfort zone.   You know, the tasks you don’t like doing, so you keep putting them off – even though they are important.

Solution:  In his book, Eat That Frog, Brian Tracy provides 21 ways to stop procrastinating and get more done.  One of the takeaways that I use often is to attack the ‘biggest’ frog first!  Early morning is when I’m at my best, so I try to work on critical tasks at that time.  It also gets the task off my plate early,  so it’s not hanging over me all day long.  I find this works and other suggestions in the book may work for you.  The key – don’t let procrastination stop you from accomplishing what you need to do.

No Routines.  While routines may be boring, they bring a sense of clarity that helps us accomplish more.  Think about some of the routines you employ in your personal life – from getting up in the morning to homework and bedtime routines for children.  These help you operate efficiently without a lot of thought. Employing routines, personally and professionally, contributes to efficiency and helps you achieve more.

Solution:  What routines can you build into your day?  Here are a few to consider:  handling email, returning phone calls, working on projects or business development tasks, attending meetings or conference calls and going to the gym/exercising.

Lack of Training.  When we do something new, it always takes longer.  But as we learn and gain proficiency, the time spent doing goes down.  Think about the first time you used email, text messaging or Quick Books?  They took more time initially, but as you learned and used them, it became easy and efficient.  Training is a way to shortcut the learning and improves efficiency sooner so you get more done.

Solution:   If you lack skills in critical areas, from technology and financials to marketing and time management, get help or invest in training.  It will save precious time now and money in the long-term.

Disjointed Processes.  Systems are one of the best leverage tools out there for busy entrepreneurs.   Streamlining and standardizing procedures to make daily operations easier, efficient and more effective are a key to getting more done – and getting it right each and every time.  They eliminate waste and save you time and money!

Solution:  Make documenting procedures a priority.  Start with the most critical – those that impact your time or income/profit.  Take it one at a time, but get started.  Each system you build saves time and improves profit. It’s a win-win.

Surfing the Web and Social Media.   The introduction of smartphones has literally put everything at our fingertips. It’s a great tool if used with discipline. Be cognizant of the time you spend online.  We often think it will ‘just take a minute’ – and end up online for 10-15 minutes.

Solution:  Take control of your web and social media time and you will have more time to spend on other things.  Set specific times for these activities – preferably non-business hours.  If you tend to get ‘side-tracked’ a timer can be helpful.  Set it for 15 minutes and it will act as a friendly reminder to get done and move on!

If you are not sure where your time is going, then consider doing a personal time study.  It’s easy.  For one-two weeks, literally, write down everything you do each day – from the trivial phone call to project work and appointments.  Note the amount of time you spend on each.  At the end of the study, identify which tasks moved you toward your goals.  So where are the time wasters (tasks and people) in your days? This can be eye-opening and should give you a good starting point to make the changes.

New Monthly Article & Business Tools

For new business improvement articles, exclusive tools and insights on entrepreneurship, click here to subscribe to my monthly eNewsletter. When you do, I’ll also send you my free eBook, How to Build Profit Through Leverage.

 

Entrepreneurial Success Insights

7 One-Minute Insights for Success

As a Ken Blanchard fan, I find his One-Minute series of books are packed with common sense ideas and practical advice for business owners or professionals.  One of my favorites, The One-Minute Entrepreneur, is loaded with success concepts and a lot of one-minute insights.

I thought I would share some pearls of wisdom from this book – along with my take on them. Hopefully, these will provide some light-bulb moments as you plan your own entrepreneurial success.

#1 – A good life is built on strong, solid values such as integrity, love, honesty and purposeful work. I would suggest that the same is true of your business.  When you love what you do and do it with purpose, integrity, and honesty, you build a reputation that attracts quality people – from customers to employees and more.  Be the business others want to be associated with.

#2 – Becoming a successful entrepreneur and having a spouse are not mutually exclusive. Balancing work and family (spouse and children) takes planning and a commitment to both. Things that are important to your business get scheduled so they get done.  Apply the same principle to your family.  Build your business to work FOR you.

#3 – You’ll never achieve more than you think you can. So why not dream big? Don’t let little, safe goals hold you back from achieving more in life and in business.  Take a look at the goals you’ve set for the coming year.  Do they WOW you?  If not, think bigger or better.

#4 – To create a successful business, you must first master the basics. Here are four things that are obvious – but worth mentioning:

  • Sales must exceed expenses. While you need to invest in growth, build overhead expenses as you build customers.
  • Collect your bills. Be reasonable, but don’t be your customers’ banker.
  • Take care of your customers. They are the lifeblood of your business – and they pay the bills.  You work for them!
  • Take care of your people. Nurture them as they are the ones who make it happen. In the eyes of others, they are your company!

#5 – The best management includes day-to-day coaching. It catches your people doing things right and re-directs their efforts when they are off base.  A serving leader helps others win.  Teach,  delegate, inspire, engage and congratulate them.  It’s a recipe for building a winning team – one that serves your customers and helps you achieve your goals.

#6 – Success occurs when opportunity and preparation meet. Coming up with new ideas is rarely a problem for entrepreneurs. Implementing them is another issue. It requires preparation.  What is the goal?  What do you need to do to accomplish it? How do you get it done consistently within the company? Get others engaged and remember, ideas without actions are simply dreams. Results come from doing.

#7 – Take care of your numbers and your numbers will take care of you. While financials may not be your favorite thing, winning in business requires that you understand them. So here are two things to keep in mind.  First,  sales growth is important, but cash flow and profit are the keys to staying in business.  Make sure you put the focus on all three.  Second, little issues become big problems when they are ignored.  It’s not enough to know you have a problem, you need to take the right corrective action to fix it.  If you are not sure how to fix a problem, ask for help.      

Create your own one-minute insights

Form a new habit this year by writing down your own one-minute insights.  Whether you use a notebook or electronic device, capture pearls of wisdom you gain from reading, listening or learning.  Over time, you will have a log of quotes, tips and other information to inspire and remind you to focus on what’s really important to you in business and in life.

New Monthly Article & Business Tools

For new business improvement articles, exclusive tools and insights on entrepreneurship, click here to subscribe to my monthly eNewsletter. When you do, I’ll also send you my free eBook, How to Build Profit Through Leverage.

Pittfalss

3 Pitfalls You Should Avoid

How Do You Respond to Opportunities?

When someone offers you a new idea for improving your business (or your life), how do you react? Do you look for the flaws and try to justify why it’s a bad idea? Do you dismiss it as something you can’t do because it may require too much work, time or money? Or do you find ways to apply it – in full or in part?

Today more than ever, building sales and profit in business requires more creativity. Customers won’t simply show up on your doorstep or hand over their hard-earned money to you. Fortunately, you don’t need to reinvent the wheel to find ideas to grow or improve your business.

You simply need to pay attention to what others are doing and saying — with a different attitude. Instead of dismissing their ideas or suggestions, look for the strengths and potential. Then ask yourself ‘How can I apply it in my business or life? What changes can I make to improve it’?

3 Reasons Why People Dismiss Ideas

Why do so many people quickly dismiss ideas that might benefit them? Here are three pitfalls you should avoid.

Lack of Time. We’re bombarded with information, overwhelmed with work and don’t want to contemplate taking on something new. But with an open mind, you may just uncover something that is far better than what you are currently working on. To key is to capture the idea before it is lost, then consider it later when you are less overwhelmed.

Ideas often arrive unexpectedly and are lost quickly. So the next time something peaks your curiosity, write it down in a notebook, computer or your smartphone. Don’t evaluate it, simply capture the idea for future consideration. Periodically or as part of your quarterly planning, pull out your list of ideas and pick one to research, develop and implement.

When you have an easy way to capture ideas, your mind becomes a magnet for them – and you ultimately have control over which you choose to pursue and which you choose to dismiss.

Lack of Trust. Sometimes, we dismiss ideas because we don’t trust or like the source. Recognize that ideas can come from good or bad people. Even questionable business practices often have, at their core, a perfectly good marketing or customer insight. Break it down and reinvent some of the elements to fit your values and business practices.

Lack of Understanding. Sometimes, we dismiss ideas simply because we don’t understand them. If the results seem too good to be true, don’t simply dismiss it out of hand. Take the time to ask more questions and truly understand. Your decision to act or dismiss is now based on some level of knowledge.

Life is full of opportunities to be happier and more successful. Sometimes these opportunities smack us in the face, they are obvious. But often, they arrive as fleeting remarks or suggestions by friends, colleagues, customers or even a chance encounter with a stranger.

If you open your mind and eliminate the tendency to rationalize why ideas won’t work – you may just uncover a world of untapped potential. Listen to your team, your customers, and your “little voice,” – and seize the day. Then you and your business can, and will, become so much more!

New Monthly Article & Business Tools

For new business improvement articles, exclusive tools and insights on entrepreneurship, click here to subscribe to my monthly eNewsletter. When you do, I’ll also send you my free eBook, How to Build Profit Through Leverage.

bizcchng2

7 Signs You Need a Business Coach

Ever wonder why a business owner would invest in a business coach?  While the answer will vary depending on the owner you ask, it often comes down to three things:  time, money and freedom.  In other words, they want a business that works for them – that provides the income and lifestyle they want – but hit some roadblocks or obstacles along the way.

#1 Challenge for Small Businesses

Many of you are probably thinking, “I need more customers, revenue, time or maybe more profit” – and that is likely true.  We always tend to want more.  Now ask yourself this.  What can or should you do to turn this around?  Again, you could probably come up with a lot of ideas. And there-in lies the problem.

The biggest challenge most small companies face today isn’t coming up with good ideas – it’s implementing them.  Business coaching is the most effective way to bridge the gap between knowing what to do and actually doing it.

7 Reasons You Should Work With a Business Coach      
  1. You are working too many hours and feel “I never have time for myself and my family”. Taking time off or being out of touch is stressful — things don’t work well when you aren’t there. You are ready to work a whole lot less – without sacrificing sales and service.
  2. You’re ready to make a whole lot more profit. Profit is your reward for excellence in entrepreneurship. If you’re not making enough money to justify the effort, risk and investment you’re making in the business, then it’s time to turn that around.
  3. You are ready to build a team of people – from employees and contractors to alliances – who can help you grow the business whether you’re there or not. In other words, you need people supporting your business that are committed to your customers and company’s success.
  4. You need to fall in love with your business again; you feel burned out, bored or maybe sick of your business. Time to get the passion back – to get re-focused and re-energized.
  5. You have ideas and know things need to improve, but are not sure where to start or how to get things done. You need to bring in some expertise and support to help with implementation – to turn ideas into results.
  6. You need someone who can see the forest for the trees, an outsider who isn’t blinded by your industry and too many years in your business. The obvious is not always obvious to you, the business owner.
  7. You need someone to hold you accountable. Knowing someone is in your corner, and on top of you to do what you commit to doing, brings a higher level of motivation and passion that translates into results. Imagine having an accountability partner to encourage and support your goals, teach you new things, push you to new levels and congratulate you on a job well done.

Building a successful, profitable business won’t happen overnight.  A business coach can help you go from where you are to where you want to be – a whole lot faster than you can on your own. With templates, proven systems and a track record of success with small businesses, he/she can save you valuable time and help you avoid common mistakes others make that lead to frustration.

And with the business improvements and increased profit, it’s an investment that pays for itself over and over again!

Ready to Put Your Business on the Path to Success?

Would working with a business coach help you take your business to a whole new level? Then let’s explore the possibilities with a complimentary consultation. It’s a chance to get to know each other, discuss your goals and the obstacles that hold you back. Together we can determine if there is a good fit between your needs and my services.

To learn more or schedule an appointment, call me at (856) 533-2344 or drop me an email Joan@HybridBizAdvisors.com