Wisdom for graduates and business owners

June 24, 2010 by Jim Malski · Leave a Comment
Filed under: business advice 

Business owners:  Where did you start?

Dear Graduate,

If I knew when I graduated what I know now, perhaps I would be even more successful.  Some things you have to learn as you go, I guess.  But if I were to give some advice it would be: to expand everyone’s expectations of you and exceed them.

Exceed Expectations

graduatesWhat I have learned as a business owner and in life is that you may not know everything.  The most successful business owners lean on others in areas of weakness.  They seek advice from others – some have business coaches, like myself, to hold them accountable and increase their awareness.  They are not ashamed to admit they are not an expert at everything.  They check their pride at the door and are always working on themselves.  Successful entreprenuers are constantly challenging themselves, attending workshops, seminars and conferences.  The key here is that they are open to learning.

Always remain open to learning  

In tough times successful business owners look for opportunities in their market place.  They improve systems, cut costs and work on their team.  Successful business owners don’t wait for things to happen, they make them happen.  They don’t blame the economy or others for their business being slow.  They adapt with the current environment.  

Leaders must adapt – be accountable

In business and in life, you must try not to let the negative prevail.  Remember the positive – everyone focuses on the things that they want in life.  It’s great to have goals don’t get me wrong, but what about being positive about what you have.  Current graduates – you have just obtained a higher level of education, enriched your lives with new experiences and knowledge.  Keep this accomplishment with you always – cherish it.

Remain Positive “The glass is half full, not half empty” – Cherish what you have

Lastly, follow your intuition, it’s usually right.  You must go with your gut.  Follow your dreams and never give up.  The statistics aren’t favorable for new business owners – 50% of businesses fail within the first 5 years.  I can only imagine that’s because they didn’t pay attention to my advice above.  But it may help you to exceed expectations, be open to learning, constant about improving yourself, positive, accountable, cherish what you have and always, always follow your intuition. 

Follow your intuition

I will leave you with this memorable quote. 

 Steve Jobs (Stanford University Graduation)

Memorable Quote:  “Your time is limited, so don’t waste it living someone else’s life. Don’t be trapped by dogma–which is living with the results of other people’s thinking. Don’t let the noise of others’ opinions drown out your own inner voice. And most important, have the courage to follow your heart and intuition. They somehow already know what you truly want to become.”

How can you become successful?  Believe in yourself and never stop dreaming.

Are you looking at ways you can improve your business?

To make a difference in your business you have to change the way you do things. It begins by attending one of our profit building seminars.

To get started today click the link above. We look forward to helping you grow your business and making the kind of money you always thought possible

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Are you the leader in your business?

Personal Leadership for Business Owners

As a leader, you likely know how to lead your business and those around you. But how are you doing in terms of your personal leadership?  Personal leadership is the ability to define a direction for your leadership and life, and to move in that direction with consistency and clarity.

Geri touched upon leadership in the last post.   We find leadership such an important piece we decided to elaborate on it. 

LeadershipWhen you practice personal leadership, you “lead from the inside out. “  The process involves asking yourself, “How do I need to be, act and think in order to be my best?” To do that, you must periodically turn away from the concerns of the day – the people, the problems and the pressure – to explore and discover your inner edge.

To practice personal leadership, you apply the principles of leadership that make businesses a success … to yourself.

For example, leading in business involves having a compelling vision, developing strategies and inspiring people to use their talents to meet a goal for improved business results. Leading yourself means applying these same principles of leadership to your role as a leader and your life. You, too, need a compelling vision and a strategy for reaching it. You need a team supporting you. You need results, as well as a sense of contribution and purpose.

excited teamThe difference is that personal leadership doesn’t just make for better business; it makes for better leadership. It makes for a better you. When you practice personal leadership, you use every ounce of your potential with inspiration instead of perspiration, synergy instead of sacrifice, and wisdom instead of work. Personal leadership is so important, in fact, that renowned management expert Peter Drucker once called it “the only leadership that’s going to matter in the 21st century.”

So now the key question is, “Are you succeeding in leading yourself?” Take the following quiz to find out.

The Personal Leadership Quiz:
Answer each of the following questions with a “yes,” “sometimes,” or “no” response.

1. I am clear on what I want and know how to get it – for the big things and the small.
2. I practice a strategic, reflective approach to leadership.
3. I know where to focus my attention on a daily basis.
4. I am able to maintain peak performance at all times.
5. I maintain my sense of stability and equilibrium in times of change.
6. I have identified my talents, strengths, skills, and weaknesses.
7. I know how to maximize and leverage my unique talents and abilities.
8. I am delighted with my quality of life both on and off the job.
9. I feel very little stress and overwhelm in my life.
10. I make a meaningful contribution every day.
11. I have plenty of time for people, activities and events that are most important to me.
12. I take regular action toward my most important goals – not just what’s most pressing.
13. I have a wide network of people who support me, and whom I support in return.
14. I am constantly learning and improving myself.
15. I intuitively recognize and take opportunities.
16. I am often astounded by the way the opportunities I want and the solutions I need      present themselves at just the right moment.
17. I achieve a sense of renewal and restoration on a daily basis.
18. I am proud of my ability to maintain my values and the essence of who I am, even when life gets hectic and/or as I get more and more responsibility.
19. I have achieved “success” as I define it.
20. I can say with confidence that every day I am at my very best.

Tally Your Score: For each “yes” response, give yourself 2 points, for each “sometimes” response, give yourself 1 point, and for each “no” response, give yourself 0 points.
What Your Score Means:

0-13 points: If your score is low, you’re likely new at personal leadership. You’re so focused on the image you’re putting out to the world that you’re neglecting your personal leadership. Chances are you’re doing what you’ve always done. As a result, you’re not being very strategic about what you’re doing and why. It’s time to take a break from the action of business, go backstage, and do the inner work of who you are as a leader, what you want to contribute, and how you can find the ideal strategy for achieving what you want to achieve.
 
14-27 points: If you scored in the mid-range, you are spending some time on yourself, but you’re not being strategic in terms of getting the right balance for yourself. You may often feel that both business and life are “hit or miss.” You’re getting some benefits, but you’re not getting all the benefits you could. Therefore, look at where you’re excelling. These are your strengths. Find a way to refine those strengths even more so you can capitalize on them better. Then, look at where you rated yourself low. Those are your weaknesses. Find a way to develop those areas so you get more power.
 
28-40 points: If your score is high, congratulations! You are very often thoughtful and strategic on what you’re doing and why. You’re capitalizing on your talents, and as a result, you’re maximizing your business results. But don’t get comfortable and rest on your laurels. Continue developing your skills.

Remember, the stronger you get in personal leadership, the stronger you get in your business.

Are you Taking Leadership Personally?

The bottom line is that as a leader, you must learn to lead yourself to stay effective. And just as the way you lead helps shape your life, the life you live will help you lead.   If you are interested in learning how to lead an effective team start by attending one of our upcoming profit building seminars and learn how to be an inspirational leader!

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