Just imagine if your business was like a Formula 1 Team – how successful do you think you would be? On race day, would you be the Team Manager, completely in control of the situation and calmly orchestrating events from the safety of the pit wall? Or would you be running around, doing every job to make sure it is done properly and getting in everybody else’s way? You may feel good because you are busy helping, but the end result is that the car goes out long after all the others, and with only 3 wheels on! Read the rest of this entry »
When thinking about growing their business, most business owners will focus on increasing the number of customers, selling more products or services and making more profits. But if they try and achieve that, they are destined to fail. Why? Simply because they are concentrating on the end results, and not on the factors that they can actually have an effect on. I’ll explain below! Read the rest of this entry »
I recently had the great news that one of our former clients has actually sold their business for quite a few million pounds. When they started working with us, they were struggling to grow the business because they were working IN not ON it. After 2 years of working together we turned that situation around, and the business could then grow rapidly. Now, 5 years later, they have just been offered an amount they just could not refuse, and have achieved financial freedom. What a great situation to be in! Read the rest of this entry »
In all sports, keeping track of your score in comparison to a predetermined expectation is vital if you want to improve your game. Golfers have a handicap system while most athletes have personal bests and records to measure themselves against.
The chances are, when you first started your business, you were very passionate about it. Everything was new and exciting, and at last you had 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. Read the rest of this entry »
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 Read the rest of this entry »
As we approach the end of 2017, are you looking towards 2018 with trepidation, or with excitement? There will undoubtedly be challenges ahead, some we can foresee and some that will take us by surprise. So what can you do now to ensure that 2018 is a great year for your business? Well, here are my top 12 tips for greater business success over the coming year: Read the rest of this entry »
Do you have a business plan? If so, is it sitting in a filing cabinet somewhere, never seeing the light of day? And 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. Read the rest of this entry »
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.
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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. Read the rest of this entry »