It’s easy to think that super successful business owners are born that way – the likes of Bill Gates, Alan Sugar, Richard Branson. But great leaders aren’t just born that way; they’ve learnt how to be successful, and the ONE thing they have in common that makes them so successful is that they have a goal… a vision… or a ‘WHY’ as Simon Sinek describes in his best-selling book, Start with Why.
Continue reading “The ONE thing that successful business owners have in common” »
A year ago, ActionCOACH Solent celebrated being in business for 10 years. This is no mean feat, given the statistics for business failures! Although figures do vary, and businesses will disappear for reasons other than failure (e.g merger), the statistics for business closures make pretty grim reading. Within 3 years of being set up, more than 30% will have failed. By 5 years, the figure is 60%. And by year 10, it is estimated that as many as 90% of businesses will no longer be trading. Continue reading “8 Lessons for Business Survival” »
People who want to grow, learn, improve, excel or perform to the best of their ability will benefit from being coached, whether they be athletes, entrepreneurs, speakers, authors, employees, instructors or even coaches! Coaching can help you transform, improve and excel, whatever that means for you, and anyone in any walk of life can benefit from the changes that coaching brings about. Continue reading “Are YOU Coachable?” »
Many business owners I meet have the same wish:
“ If only I had a few more hours each day to get things done!”
The reality is that there’s only ever going to be 24 hours in a day and frankly, if you are working for more than 50 hours per week, some part of your life is going to be suffering, whether it be your health, family, fitness or enjoyment. Now, putting up with this for the first few years of your business is a must – nothing is built without some hard work to get it going. However, if after year 3 there is not an improvement and you’re working long hours because you have to and not because you want to, then something is wrong. Continue reading “How to get 12 hours of work into 5 hours per day” »
When thinking about how to grow a business, most business owners will focus on increasing the number of customers, selling more products or services and making more profits. Unfortunately, if they do this they are destined to fail, because they are concentrating on the end result, and not on the factors that they can actually have an effect on. Continue reading “The 5 Ways to Grow Your Business” »
Chances are, when you started your business, you were very passionate about it. It was all new and exciting, a way for you to make your mark on the world, to do things your way, to set new standards, to bring something new to the market, to help more people – in short, you were in love with your business and the opportunities it promised for you. Continue reading “How to fall in love with your business all over again” »
It’s a well known fact that most businesses out there will never achieve their full potential. A high percentage will fail during the first few years, but those that do continue will often reach a plateau and stay there, not really growing as the years go by. So what could possibly be holding them back? Well, in some cases, the business owner just doesn’t want to grow the business, or doesn’t know how to. Other possibilities are that they aren’t able to access the finance to enable them to grow, they don’t have the competitive advantage enjoyed by other businesses, or they lack the resources.
For many reasons, I’m sure a lot of people will be glad to have said goodbye to 2016 and will be looking forward to better things in 2017. So what can you do to ensure that this is the best year ever for your business? Well, here are my top 11 tips for greater business success over the coming year: Continue reading “How to Make 2017 Your Best Year Ever!” »
Do you have a business plan? Is it sitting in a filing cabinet somewhere, never seeing the light of day? Can you actually remember what goals and targets you set out in it?
While a full-blown business plan has its purposes (securing bank financing being one of them), an inspired, action-oriented success plan will prove to be far more effective in driving your business forward. Continue reading “Do you have an Action Plan for Success?” »
In 2015, a record number of new businesses were set up in the UK – over 600,000 people took the plunge and became business owners. The sad facts are though that, based on past experience, it’s likely that 20% of those businesses will fail during their first year, only 50% will make it to their 5th birthday, and by 2025, 70% of those new businesses will have shut up shop. Continue reading “What Determines The Success or Failure of Your Business?” »