It takes discipline not to be distracted and to stay in the direction of your end goal. So how do you avoid being distracted by getting sucked into doing things that are not doing you any favours and losing self-respect along the way? Especially now when we, as business owners, are faced with various challenges and frustrations that are out of our control? What is in our control is being able to pick a lane and sticking to it… and refusing to stop until we get to the other side!
So what are the steps for you to take to get back on track?
I specialise in family businesses and have worked through and overcome the frustrations and challenges that family-owned businesses often face. Ultimately, I have assisted in achieving personal and business goals for both the owner as well as their team, be it family or not.
There is nothing more important in a family run business than to create a legacy for future generations. This is achieved through the implementation of simple, practical tools, systems and methodology that has been developed specifically for small and medium sized businesses who want their businesses to be profitable, work and run without them. Does this sound like what you need in your business?
Why are you in business? Is it because:
No matter how or why you own a business the six basic fundamental steps of business will apply to all *phases of business i.e.:
So, what are the **6 basic fundamental steps of business?
As a business owner, do you truly believe you could have or even deserve freedom? Do you know what real freedom actually tastes like?
As a business coach for more than a decade, I have more often than not, discovered when talking to a new client—a business owner—that somewhere deep inside them they believe there are no other choices other than long hours, stressful working environments, challenging financial situations, difficult teams to work with, and the growing list never ceases to surprise me. These wrong beliefs about what owning your own business are all about, is simply not true.
Let’s take some time out to understand what freedom really looks like and the various options. So before we break down the acronym F.R.E.E.D.O.M, let us first understand what the difference is between Freedom of Choice vs Freedom to Choose?
One of the benefits of being a business owner is that your business can run with or without you. Currently, are you working IN your business doing the day-to-day operations of your business or, are you working ON your business focusing on your present and future self? Are you building your wealth (i.e. having money and time), enjoying the finer things in life, and ticking off your bucket list items.
How you should be investing your time as an entrepreneur and business owner:
• 30% of your time should be spent keeping your communication channels open with your existing customers and clients
• 50% of your time should be spent on marketing and sales
• 10% of your time should be spent understanding your numbers
• 10% of your time should be spent on personal development – transitioning from managing to leading and directing
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