Do not look at emails after 9:30 a.m.
Turn on your autoresponder to say; Your email is important to us, please text (your cell) if it is urgent for us to read it.
We will get back to you the next morning before 9:30 a.m. Thank you again for reaching out to us we value your business
Stop random questions and interruptions. Set aside specific time for specific conversations with specific people. If they know there is a specific time to talk to you they won't interrupt you.
UNFREEZE; take the time to listen and ask questions about how they feel about the current system and why they don't like it
CHANGE; agree on a plan for change including their ideas where appropriate
REFREEZE; The mantra of managers is to measure, measure, and measure. If you do not measure how else will you gauge success? Evaluate progress and results; assess the costs and benefits of the new program. Allow for modifications to be made in the change implementation to increase its success over time
A wise owner would have a top advisor on retainer and speed dial to impart guidance before an important decision is made instead of after it
Legacies and significance is built when you make the transformation from being overwhelmed by working in your business to thriving by working on your greatest investment
When you no longer are on your computer and busy with activities. When your time is focused on building and motivating teams and team members you are a value managing CEO
Done is better than perfect.” Know when “good” is “good enough”
Perfectionism can lead us to make tasks or projects bigger than they need to be, which can lead to procrastination and psychological distress.
Your culture is your sustainable competitive advantage
If it’s a big project that’s almost done, finish it. If the sheer size of the task or project is overwhelming you, break it down into more manageable components. Life's a cinch by the inch but hard by the yeard. Ask for additional resources or renegotiate the deadline if you are able — or all of the above
Leadership is NOT; loud, pushy, demanding, shouting orders, telling poeple what to do.
Leadership IS; Calm, relaxed, casual, listening and guiding people helping people figure out their own solutions. Co-ordinate efforts and resolving conflicts.
Happy work environment
Meaning in their life
are all more important than pay. If leaders don't provide these things they have to pay them extra money to stay
Identifying your company's core values makes it possible for team members to become stars.
Star performers have a strong sense of the companies mission and solid awareness of their own values and the company mission and their own values are aligned
MIND DUMP tips for individuals:
MIND DUMP tips for family and privately held businesses
As a successful business owner you must master all the components of your business.
Not just the ones you like.
The valley of death is an actual phrase used in the investment community. Most entrepreneurs aren't aware of it, unfortunately some have experienced it. An investor may actually ask another investor about a potential opportunity if the business has survived the "valley of death" or is headed towards it.
This happens when an entrepreneur doesn't get enough money fast enough. To avoid going into debt they don't get loans, to avoid losing control they don't seek outside funding from investors. It can get pretty bad. An entrepreneurs spouse may call from the grocery store with kids in tow letting them know approval was denied. The entrepreneur suggests using another card, the spouse says they already did. The spouse ends up leaving the groceries in the cart at the check out counter. Their kids ask why.
The spouse subsequently finds out the entrepreneur has been paying the mortgage with credit cards when the house is foreclosed on and they are evicted.
Divorce, suicide, alcoholism all could be avoided if the entrepreneur just sought help BEFORE they needed it. It is very difficult to un-ring the bell.
Many business owners take pride in self funding. Often brag about being able to go it alone without outside help. Sustaining a business on cash flow only goes so far. It helps the business get by when the demands for funding are simply to support inventory or to grow. It's the unintended consequences of bad surprises that often cause the unexpected demise of a formerly successful business.
The time to establish a strong relationship with lenders and investors is when you don't need money. It also is the best time to get the most favorable rates. When times are hard you have an established relationship and strong track record of repayment which gives confidence in the source of funds they will get paid back in a timely manner.