Too many small-business people aren’t willing to ask for help when they need it. Entrepreneurs by nature tend to be independent risk-takers. They started the company and it is their baby. Obviously, they should know how to raise it.
Benjamin Franklin wrote in Advice to a Young Tradesman, Written by an Old One that “Time is money.” That concept is still valid today, but in ways not immediately thought of by leaders in business. After all, time is the most valuable currency of life. Once lost, it is gone forever. Lost time can translate into lost opportunities, missed connections, and lost destiny. Losing time means not living life on your terms. When you are a business leader, you need to value and build a deep relationship with time. This relationship is not limited to putting a dollar value on activities that generate income. The key to a solid relationship with time is to understand the three facets necessary to maximize it in your business and life. Here are the three aspects of Time Efficiency
This is time on a grand scale. Visioning is the process of creating a picture in your mind of what your life and business will be in the future.
There is immense power in defining, declaring, and committing to your dreams and objectives. Visioning is the articulation of your desired future for both your personal and professional goals. Without the vision acting as a roadmap, many business people never achieve the measure of success they otherwise could.
Having the clarity about your future enables you to establish the necessary direction to achieve your goals. This prevents you going off on tangents that have nothing to do with realizing your vision. When it comes to your business endeavors, the practical application of strengthening your relationship with time turns your vision into your company’s mission.
If you are the owner or CEO of a company, the mission informs others why your organization exists. When you are an executive in charge of one or more segments of the company, the same process applies to your area of responsibility. In both cases, you are articulating the systems and processes that will propel the business forward in order to achieve the vision. The mission is the GPS you follow to arrive at your goals.
You are always juggling two measures when managing an entire business or only one department: the short term and the long term. The former deals with matters such as your daily schedule and routines; the latter consists of your vision and direction for your company or responsibility. The important thing to remember with either of them is that you have to be flexible with the changes that occur within each perspective. As much as we desire a simple life, nothing happens in a linear pattern. Things happen.
A business executive marks long-term success by the ability to understand quickly when he or she has to make adjustments in the mission plan, and then implements them. Many outside factors are in play with business today that requires you to be nimble and responsive. Honing your ability to make adjustments in how you operate is going to save you a great deal of time. Strengthening this relationship with time will pay huge dividends throughout your career.
This might seem like a no-brainer, but prioritizing is a common-sense approach to managing any component of a company or the entire organization. With so many tasks to run a business successfully, it is easy to get lost in the details. The best way to tackle this is to set priorities. Establish these priorities in conjunction with your vision and mission to keep yourself on track to meet your goals:
1. Urgent and important activities. These activities need prompt attention because they have an impact on your business or result in direct consequence if you do not take action. This may include appeasing an angry client, completing projects by a deadline, or signing a contract for new clients.
2. Customer value-added activities or primary revenue-generating activities. These activities result in payment from a client or generate revenue in some manner. It could be coaching clients, doing work or research for your customers, listening to your customers, etc. To know if an activity is a customer value-add, ask yourself, “If I don’t do this task, will it impact my revenue or displease the client?”
3. Business value-added activities. These activities won’t generate income directly, but you need to do them because they will eventually result in money. The key is to take these activities and divide them into two categories: the activities you will do and the activities you will delegate. Examples are personal development to improve performance, strategy and tactics development, project planning, results review, etc.
4. Non-value-added activities. These fourth types of activities cover anything that is not contributing to your business. For example, commenting on social media is not related to your business.
The Impact On Your Business
Developing a solid relationship with time will enable you to not only meet your current business goals but also allow you to grow faster than you anticipated. You will find yourself working more efficiently with less effort. As you refine this discipline to meet your aspirations, you will discover that in addition to your revenue rising, the quality of your lifestyle will increase. To accomplish this, mindfully explore your relationship with time and apply the lessons listed here.
ALSO CHECK : Eliminate Divisive Behavior With Mindfulness
“Individually, we are one drop. Together, we are an ocean.” – Ryunosuke Satoro
There is an uncomfortable and potentially dangerous attitude in the United States these days. It manifests itself in politics, but lately, I have seen it bleed into other areas of society, including business.
I am talking about people’s inability to listen to other opinions and work together to solve an issue. This sort of behavior can be destructive when running a company or organization, but leaders can overcome its consequences for both themselves and their employees.
When you lead an organization or your own business, you are always in the position of working out the best way to resolve an issue, whether it is with your partners, staff, vendors, or customers. But when you and the people you work with do not listen to each other, an active solution is impossible. Imagine being a leader who is frustrated with his staff members. You’re putting in 200%, and you’re exhausted.
Some questions you should ask yourself are:
• Are you communicating your message without actively listening to your team?
• Are you aware of your team’s needs and wants?
• Are you working so hard because you are doing tasks that might be the responsibilities of your staff members?
• Are you very attentive? Do you provide detailed information and follow up with your employees frequently to ensure that everything goes perfectly?
While it is important to be attentive, you also don’t want your staff to feel micromanaged. This could create a lack of trust as well as a divide between you and your employees, which you cannot afford to happen. So what are you to do?
How Mindfulness Eliminates Divisiveness
In coaching others, writing books, and conducting my various enterprises, the one quality I advocate at all times is mindfulness.
Mindfulness is a conscious effort to know yourself. By definition, it is a conscious choice of living in the present, guided by value-based decisions and non-judgments. It also means living with grace. As we focus on the dance of the present, grace weaves its way into day-to-day activities and relationships.
When you understand and consistently strive to apply mindfulness to every aspect of your work, you are creating an environment where you negate that stubborn attitude that seems to pervade society.
Successful leaders are mindful by nature because they observe others without judgment. You are aware of the needs, values, and wants of others. You strategize and deliver under pressure while being thoughtful of everyone, including yourself, your team and your customers. You start to see where you might be needlessly hurting another’s feelings or discounting their opinions when they might know more than you do on a subject of discussion.
Being mindful enables you to reach out and bring others together to achieve a common goal. When people realize they can throw out ideas without fear of judgment, the synergy of your group increases by extraordinary amounts.
Mindfulness also allows you to be self-aware without judgment. You are accepting of your own strengths and limitations and open to discovering your blind spots and emotional hindrances. You can turn them into assets driven by values and support of friends and mentors. Mindfulness equips you with the desire of growth allowing you to learn from your life experiences — failures and successes alike — while retaining humility. If you are not mindful of your strengths and shortcomings, you can neither leverage your strengths nor get things done in areas where you are deficient.
As a leader, when you practice bringing mindfulness to all areas of your work, you pass down this knowledge to others. Let’s say you are a CEO. Even if you do not formally train and talk about mindfulness, your example will work wonders on all those you come into contact with during the day. While divisiveness seems to be growing into a tsunami in today’s culture, I believe human nature craves peace and the ability to work through problems or conflicts in a calm, sane manner. Mindfulness will bring this to your workplace or organization, and others will want to emulate how you do things.
By exercising mindfulness, leadership recognizes the humanity that is part of all of us. It stops reducing to process and metrics. When you realize the human potential in people you work with or that work for you, a business leader can tap into that knowledge and energy everyone has. Many times, it only takes one person to release the talent that is in another. When you conduct yourself with a spirit of mindfulness, you are bringing out the best in you and others, while fostering an environment of working together.
Learn how to weave mindfulness into everything you do. When you have somebody ask you why your company operates smoothly, take it as a teachable moment and let them know about mindfulness. It is an easy way of applying oneself that will reduce conflict and promote success in work and life.
New Year and Possibilities
When your dreams start to seem so impossible,
When roadblocks are all you can see —
Look beyond all the problems that face you
And focus on POSSIBILITIES.
Don’t limit your thoughts to the present
Or solutions you have learned from the past;
Remember to keep looking forward —
You may find the answer at last.
It is YOU who determines your future —
How your journey through tomorrow will be;
To fill all your days with adventure,
Dare to see what no one else dares to see.
So never let obstacles stop you —
Or keep you from doing your part;
Have faith that your dreams are all possible
If you truly believe in your heart.
Your partner in success and happiness,
Coaching Employees to Greatness – 5 Secrets
No matter what role we find ourselves in — entrepreneur, executive, sales and marketing professional, to name just a few — we are in constant motion, reacting to the day’s events, feeling the pressure to perform and focusing on results.
It’s not as if Entrepreneur coach have secret powers or have some deep-seated knowledge of your industry that could open the door to more success. Entrepreneur Coaches are mere humans like you and me. However, good coaches can help you identify your blind spots.
A Great Mentor Can Help Limit Uncertainty
Being an entrepreneur is one of those few jobs where your path is not charted out for you. No one cares about your past experience, no one will hold your hand when things get difficult and no one will sugar coat their belief in your potential failure.
When it comes to business, speed is a weapon that separates certain organizations from the competition — but, its speed can also be harmful if not handled correctly. In the age of digital innovation and transformation, small companies have burst out of the gate to disrupt traditional business molds.