Tag Archives: Small Business Owners

Fired! From Your Own Company!

Steve Jobs was let go from Apple years ago before he came back and made it the powerhouse it is today. And now Groupon's Andrew Mason was just fired from the company he started 4 1/2 years ago. Read all about it here... CEO Gone From Groupon

What about you? Should you be fired from your company?

Most entrepreneurs and small business owners are their own bosses and get away with well... basically anything and everything.

If you're the boss, how often have you assesed your own performance? Think about it, would you want to hire you as your own employee or fire yourself? Do you have the systems and procedures in place to track your performance or will you "get to it later"?

While it seems natural for a successful corporate employee to succeed in their own business, that's usually not the case. It's one thing to have someone to report to, deadlines, project plans, and a boss to keep an eye on you. It's another to have to do all that yourself AND work your business.

If you want to increase your chances of succeeding as an Entrepreneur and making it on your own, make sure you have a few things in place.

First, remember the saying, "Fail to plan, plan to fail." If you don't make plans on how to succeed, that's tantamount to planning on failure.

Best selling author Steven Covey wrote the 7 Steps to Highly Successful People. In this world reknown book, one of the seven habits is to "Begin With The End In Mind".

This means that you should know what your goals are. You should know what you want to accomplish and when. Have that vision of success. This will help you put your plan together properly if you know where you want to go and when you want to get there.

The next "Put First Things First". Steven talks about prioritizing and organizing. You have to know what you're doing and when.

A good concept to remember is DMO or Daily Method of Operation. In other words, what are the things that you need to do every single day? For example, when you're putting your schedule together, are you scheduling in follow-up calls to potential clients. When are you doing them? If you plan on making calls 3 days a week from 4 - 5 pm, then that's got to be in your calendar. So you know that every Monday, Wednesday, and Friday you're making follow-up calls. What else do you have to do on a daily basis? Do you have that written down in your calendar?

When you have a plan with a calendar and you know your daily method of operation or DMO, you chances of success just increased significantly.

Here's the catch though... it's not enough to just plan it and know it. You actually have to do it! Massive Action is the greatest factor in success. Correction... Massive CONSISTENT Action is the greatest factor.

Once you have your plan of action and a DMO outline, then you can track to see how you're doing.

If you're not doing so hot, then maybe it's time to fire yourself - or at least take drastic measures to ensure improvement.

Remember, if you want to succeed in business, you have to treat your business like a business - not like a hobby.

So give yourself an assessment and ask yourself, "would I hire myself this week or fire myself?"

The answer may surprise you.

Joining Our Service Disabled Veterans In Business – August 14, 2012 – Luncheon!

Families are still struggling.  Unemployment and household debt are still unacceptable high.  The housing market remains depressed and there's still a 2 year backlog of foreclosures.  The economy is slowly slipping back into recession and small businesses are hurting.

This doesn't have to be your situation though.   In fact, it's small business owners and entrepreneurs who have the power to help turn this economy around.  We have the power to grow our businesses and spur economic growth.  And it starts by supporting each other through networking, brainstorming, and understanding each other's businesses and challenges.

To that end, Chicago Entrepreneur Meetup Group (CEMG) andIllinois Elite Service Disabled Veteran Owned Business (SDVOB) Network Invite you to join us for a Networking Luncheon.

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Space is limited so please register by August 9th to secure your spot.
Pre-Register for $20.00 thru August 6, 2012 or $30.00 thereafter through
August 10, 2012
http://luncheon0814-com.eventbrite.com
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The CEMG and the Illinois Elite SDVOB members enjoy a unique position within the business community.  Many are small and/or disadvantaged businesses looking for entry into the government and prime contractor markets.

After a brief introduction by each groups President you will enjoy a Buffet Lunch and ample time to network with those around you and learn how we can help each other jumpstart our local economies.

Buffet Lunch includes:
• Sliced Italian beef with your choice of sweet and hot peppers
• Chicken Parmesan
• Penne Pasta with Marinara sauce
• Tossed Salad
• Pizza
• Soft drinks, coffee and tea

Here's the registration link again.
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We have to give Moretti's a headcount, so Pre-Register for $20.00 thru
August 6, 2012 or $30.00 thereafter through August 10, 2012
http://luncheon0814-com.eventbrite.com
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