Tag Archives: business

Business Baby Steps vs Quantum Leap

As entrepreneurs, wouldn’t it be great if we could simply create a business, put an OPEN sign on the door or post a website and instantly make millions of dollars overnight?  I know there are rare examples where it may have actually occurred.  Unfortunately, it is atypical to become an instant millionaire unless you win the lotto.

 

Sometimes we are so anxious to achieve that “quantum leap” when it comes to earning money.  We want to become instant millionaires, get rich quick and live in a NOW and EASY world!  Even our food is instantly cooked in a microwave oven.  We survive on fast food.  We rush here and there.  Our time gets stretched thin as we attempt to multi-task.  As fast as we win a new client, we lose an old client because there is not enough time to give full service.  As we run around in circles what do we really gain?  Sometimes get so busy attempting to take that Quantum Leap that we result with maximum stress and minimum income.  Wouldn’t you be happier if you could produce the alternative, which is to minimize stress and maximize income!

 

The portrayed concept is that Haste Makes Waste.  How do you benefit by rushing to achieve an exorbitantly high level of stress?  Even if you do succeed with expanding your business rapidly, there may be a challenge of growing too fast and simultaneously maintaining financial stability.  Conversely, there is a concept of becoming so overwhelmed that no significant progress is made to expand your business.  You must choose a healthy pace that works for you!

 

Taking Baby Steps is sometimes the healthiest way to initially build your business and develop momentum.  Do not underestimate the power of taking business baby steps.  Just imaging how a baby covers territory by first crawling slowly, second crawling fast, third attempting to walk with a stumble, fourth walking, fifth running and stumbling.  Finally, that baby has reached its “terrible two’s” and is running away from you!  Can you keep up with that two year old baby?  That baby will cover a lot of territory as it runs while the adult gets exhausted.  The correlation that I’m making is that as you DILIGENTLY TAKE BABY STEPS with your business, you may cover a significant amount of territory as you expand.  Similar to the adult parent getting exhausted, your diligent business progress may irritate your competition, or at least they may notice that you exist.  Additionally, these baby steps could create a solid foundation for your business.  For example, start with learning to make a small profit, such as $100.  Then, duplicate your efforts with baby steps to achieve a $1,000 profit.  Continue in this fashion to produce a $10,000 profit, and so on.  Eventually, your business structures may become sufficient enough to successfully take that Quantum Leap!

 

Ultimately, you make the decision of your pace.  Do you select the Quantum Leap method to expand your business?  Or, would diligently taking Business Baby Steps be the healthiest way to grow?  By the way, if you are searching for a new business concept, visit www.receivingincome.com.

You Always Win the Game You Are REALLY Playing

Do you always get what you say you plan to achieve?  For example, if you say that you want three new clients each month, would you obtain that goal?  Or, if you say you want to earn over $1,000,000 per year with your business, have you achieved that desire?  If the answer is yes, and you have achieved all of your goals in business and in life, then please stop reading this article and go teach others how to achieve 100% of their goals.

 

Some people will say that you always win the game that you are really playing.  To understand this concept, let’s look at a few examples.  Let’s say that you are driving your car in a new town, and you get lost.  After a while, you decide to go back home.  Even though you are lost, you would always find your way back home!  As a second example, what if your car breaks down and the replacement part takes over one month to arrive.  And, you would typically drive to your day job.  Well, somehow you would figure out how to arrive at work each day, even without driving your personal vehicle.

 

In summary, you win the game you are really playing.  In other words, when you are 100% serious about obtaining a goal, then you will DO what it takes to ACHIEVE that goal.  Your state of mind would envelope FAITH and COURAGE.  When you do not achieve your goal, then the game you are really playing may be categorized in the realm of DOUBT and FEAR.  That unaccomplished goal may be too advanced for your skill level, such as earning $1,000,000 in one day, or it may be overwhelmed by your personal doubts and fears.

 

Overall, the key concept is to have FAITH and COURAGE to accomplish your business goals.  Yes, there will be challenges.  And, when you fully see and internalize your vision, you will persist throughout all challenges.  For example, when FedEx started their business, they got ridiculed, because at that time the public believed that NO ONE could compete with the United States Post Office.  And, after years of failures and successes, FedEx has become a first-class competitor of the Post Office.  And, it occurred because of an internalized VISION, along with FAITH and COURAGE.  In other words, FedEx has been winning the game that they are really playing.  And, YOU can too!  Therefore, I encourage you to set realistic goals that you BELIEVE YOU CAN ACHIEVE.  Get rid of Fear and Doubt.  Operate you business with Faith and Courage to achieve your goals!

I am an Expert…. on a whole lot of things.

Merriam Webster dictionary defines  Expert as:  having or showing special skill or knowledge because of what you have been taught or what you have experienced.

Wikipedia says….."An expert is someone widely recognized as a reliable source of technique or skill whose faculty for judging or deciding rightly, justly, or wisely is accorded authority and status by their peers or the public in a specific well distinguished domain. An expert, more generally, is a person with extensive knowledge or ability in a particular area of study. Experts are called in for advice on their respective subject, but they do not always agree on the particulars of a field of study. An expert can be, by virtue of training, education, profession, publication or experience, believed to have special knowledge of a subject beyond that of the average person, sufficient that others may officially (and legally) rely upon the individual's opinion...."

Before I start my story….. Let me say without a shadow of a doubt I am NOT an Expert,  I know a lot, but I am far from an Expert…. In this subject anyway.

I always equated the term Expert with knowledge and experience.  I mean, just knowing the material in my opinion does not make you an expert, it just makes you knowledgeable.   Why am I bringing this up you ask?  I recently was sitting in my office minding my own business when my text tone went off,  it was a partner of mine who currently was attending a webinar.  She was getting ready to leave for a conference and it was a webinar on how to get the most out of the conference.   Apparently they were going to be using Social Media tools in order to enhance the conference and she was excited to find out how to utilize them to get more bang for her buck at this conference.

At first she was very disappointed that this seemed to be a 101 type of Social Media instruction, at that point they lost her.  She did what I have done in a similar circumstance, I started looking up the people who were giving the webinar.  She starts blowing up my phone with rapid fire texts…..  Look up this person…. They only have 517 followers on twitter,   Look up this person…. They have 1037 twitter followers…… then comes the all important question….. How can they be experts when I have more twitter followers ( she has 13K+ and I have 35 K+ ) and they have already given 2 wrong instructions?  She then started digging further, they are proclaiming themselves as Social Media Experts, have a company that will do it for you, will help you establish you on the web, raise your Google ratings etc.  I could picture her in her office… shaking her head.

In this very digital age Social Media Experts are a dime a dozen, typically anyone who proclaims they are an expert are probably the furthest thing from it.    Just because I read a book on how to do something or take a class doesn’t make me an expert.  However you have those that don’t know any better who will believe someone because they don’t know any better.

I do a lot of my own research, I have gone to many a webinar and seminar on Social Media applications and practices.  I learned so much that I was able to generate 30% of the attendance at a groups National Conference just using applications and techniques I had  learned. Does that make me an Expert or just really good?

It distresses me when I see people proclaim themselves as “Experts” but haven’t a real clue what they are talking about, yet because they are good sales people, and have the ability to take information in and regurgitate it as if it was their original thoughts….. they are deemed experts.

I have a deep appreciation for Experts, I hire them, some of them are my best friends, without them I would be lost.

So what do you think?  What is the definition of an Expert?  If I study everything there is about music and playing a piano, but I am tone deaf does that still make me an Expert?  If I learn everything there is to know about Pole Vaulting, so that I know it inside and out and upside down, yet can’t actually vault, does that make me an expert Pole Vaulter?

Personally, I think it is not enough to know the material, you must be able to put it into practice and successful at it.  Just simply knowing the info is not enough, You must be able to not only Talk the Talk, you have to Walk the Walk, because the way the definition stands....  I am an Expert on a Whole Lot of Things.....  ask anyone I know, they will tell you.

You Are the Worthiest

Mirror, mirror on the wall, who is the worthiest of them all?  You, my friend, should know yourself as the worthiest.  You may ask, why should I see myself as the worthiest?  And, you may feel that other individuals are more worthy when you consider their higher income, powerful leadership skills, persuasive sales skills, attractive appearance, healthy body, wealth of knowledge, time management abilities and personal network of influential people.  The next question is, how did they achieve it?

 

As an example, I will share a worthy story about Marshall Sylver, a well-known hypnotist, business trainer and motivational speaker.  Early during his career, Marshall was a struggling magician.  He would perform magic shows for various events, such as birthday parties or other general venues.  Initially, he would charge a fee as low as around $50 for an event.  During that time of his life, he could barely pay his monthly rent for his apartment.  One day he received a call from a woman who requested that he perform a magic show for her daughter’s birthday party.  She expressed how she heard that his shows were awesome and highly valued by other people.  And, she would be most excited if he could perform a show at the birthday party.  Then, she asked about his fee.  At that moment, Marshall had a revelation that he always provided great value to others and they recognized it.  The missing piece was that he did not value himself as highly as he should have.  Therefore, after a pause, he responded to the woman with a fee of $500.  Then, she mentioned that she was looking forward to seeing him perform and would have his payment check ready for him on the day of the party!  That experience was the turning point when Marshall chose to always value himself and know that he is worthy.  Now, knowing his value and committing to serving others with full value, his fee became $500 and up, never to retreat back to a $50 fee.

 

What can we learn from Marshall’s story?  One, it is beneficial to ALWAYS provide FULL VALUE to your CLIENTS.  Even when he got paid a very low fee, he performed shows that were just as spectacular as his higher cost shows.  It generated an abundance of referrals for new, additional clients.  In other words, regardless of the price, his clients felt that they received more value than they paid.

 

Two, discover and know YOUR true WORTH.  You are the only YOU in this world, and you offer a unique value to others.  If you feel that you are worthless, it will project onto others.  If you feel that your worth is less than others, your actions and decisions will appear less than others.  Then, you may find that you under-price your services, similar to Marshall’s initial fee.  Or, you may not offer the highest quality service.  The point is that once you KNOW your WORTH, then your actions and feelings will be congruent with the VALUE that you know of yourself.

 

Three, after stepping into your WORTH, you may experience RESULTS that you never achieved before.  Similar to Marshall, could your WORTH be the TURNING POINT of your business?  When you truly know that you are worth that $1,000,000, then you will provide that level of value to your clients on a consistent basis.  Money will no longer be your primary focus.  You will first focus on fully serving your clients and financial results would typically follow.  No one knows how quickly or how long it will take for you to experience your rewards.  And, we do know that it worked for Marshall Sylver, who has experienced true wealth.

 

By the way, if you desire more energy to get started on the pathway to your WORTH, then nutrition may help.  There is a supplement called Eleviv.  And, it has helped others experience the vigor that they desired.  You may discover more about it at www.receivinghealth.com

Freedom of Speech HURTS, but not always who you would expect.

The recent incident involving the CEO of Chick-fil-A and the Local Politicians really got me thinking.  How does the public view a business?  Does the public actually know what a franchise is?  Better yet, do our Politicians?  In the Case of the Alderman that started this; the answer is NO.

Between the media and the three main characters in this little Drama, the person that counts the most is the person that is being ignored; the Owner of the Franchise.  Everyone seems to be forgetting that there is a person/owner of this store that is more than likely no different than you or I trying to open a business.  The Media, the Mayor, the Community at large and especially the Alderman seem to have forgotten about this person.  What little has been said about the owner has been that the owner's views are not the same as the CEO.  Yet because of the owner’s decision to affiliate themselves with the company, they are unfairly being labeled as “intolerant” and are unduly being hindered in opening their business.

The misperception by the Alderman, Mayor, Media and even the community that the CEO is the sole voice of the company is unfortunate.  How our business is perceived by the public is very important.  But in some cases such as in this case we have very little control over it.

While a Franchise may work differently than other Small Businesses, it is still a Small Business.  It is the owner of that store that will be paying the taxes.  It is the owner of that store that will be paying the employees.  It is the owner of that store that will suffer because of an unfortunate comment made by another person connected to the company name.

How the situation ends is still up in the air.  If the owner of that store has to make concessions based upon what the Alderman and City decide is downright frightening.  All because of someone else’s comment.

If I were the owner, I’m not sure how I would proceed.  I’d have to look at how much I invested in opening the store and how much I’d still have to spend.  If you were the owner; how would you proceed?