It’s a well known fact that most businesses never achieve their full potential. A high percentage of start ups 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 is it that’s 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.
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, and become the best version of you, whatever that means for you. In fact, anyone in any walk of life can benefit from the changes that coaching brings about. Read the rest of this entry »
The chances are, when you first started your business, you were incredibly passionate about it. Everything was new and exciting, and at last you had a way to make your mark on the world! You could do things your own way, set new standards, bring something new to the market, and help more people. In short, you were in love with your business, and the opportunities it offered 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, there’s only ever going to be 24 hours in a day! If you are working for more than 50 hours per week, some aspect of your life is going to be suffering, whether it be your health, family, fitness or enjoyment. It’s a situation that’s not sustainable long term. Read the rest of this entry »
With Hallowe’en season upon us again, I thought I’d write about something a bit scary – the BHAG, or “Big, Hairy, Audacious Goal”, to give it its full name. The term BHAG was coined by Jim Collins and Jerry Porras in their 1994 book, Built to Last: Successful Habits of Visionary Companies. A great BHAG can build a strong team spirit, foster innovation and really stretch you and your team to perform at the highest levels, and achieve so much more than you ever imagined you could! 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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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.