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Unlocking Team Potential: Building A Resilient Company Culture With Business Coaching And DISC Proficiency
Building a thriving company culture requires a profound understanding of each individual within the organization. One powerful tool that guides this understanding is the DISC model, and it helps us understand those differences so we can communicate better.
In the dynamic world of small business operations, success hinges not only on strategies and systems but also on understanding and leveraging predictable human behavior effectively.
Building a thriving company culture requires a profound understanding of each individual within the organization.
One powerful tool that guides this understanding is the DISC model, categorizing predictable behavioral traits into four distinct personalities: Dominance (D), Influence (I), Steadiness (S), and Conscientiousness (C).
Employing DISC in your small business can significantly contribute to building a cohesive and productive company culture.
Decoding the DISC Model:
The DISC model serves as a compass, navigating through an individual's predictable behavior in diverse circumstances. Each style represents a unique set of characteristics and tendencies.
Dominance (D): This style embodies a direct, results-driven approach. Individuals with a dominant style are assertive, resolute, and avid seekers of challenges and growth opportunities—essential qualities for effective team building in any small business.
Influence (I): The influential style manifests through an outgoing, enthusiastic demeanor. Individuals exuding this style revel in building relationships, excel in persuasive communication, and often seek validation and acknowledgment—a crucial aspect of nurturing a positive company culture.
Steadiness (S): The steadiness style underscores cooperation, support, and a patient ethos. Individuals embracing this style are steadfast, dependable, and value teamwork and stability in their professional sphere—cornerstones for a resilient company culture.
Conscientiousness (C): The conscientiousness style places emphasis on precision, accuracy, and a quality-centric approach. Individuals characterized by conscientiousness are meticulous, analytical, and prefer a methodical and organized approach to tasks—vital attributes in a small business environment where attention to detail is key.
Understanding these distinct styles empowers organizations to tailor their approach to communication, team dynamics, conflict resolution, and leadership development, amplifying organizational efficacy and promoting effective company culture.
Utilizing the expertise of a business coach is highly suggested for getting the best outcomes when implementing DISC in your small business.
Applying DISC to Cultivate Company Culture:
Communication: DISC styles lend insight into tailoring communication strategies. Addressing a D-style employee demands a direct and succinct approach, whereas an I-style employee thrives on engaging and sociable interaction—essential strategies for effective team building and promoting a healthy company culture.
Team Dynamics: Utilize the DISC model to compose diverse and harmonious teams. A blend of D, I, S, and C styles fosters a varied perspective, augmenting problem-solving and innovative capacities, vital elements of successful team building within a small business setting.
Conflict Resolution: When conflicts arise, recognizing involved parties' DISC styles guides resolution efforts. Addressing concerns and motivations aligned with each style fosters understanding and facilitates amicable resolution—a critical skill for maintaining a positive company culture within a small business.
Leadership Evolution: DISC assessments identify potential leaders and customize development paths. Understanding an individual's inclinations aids in formulating an effective leadership development strategy, crucial for effective team building and overall company culture.
Nurturing a Cohesive Company Culture in Small Business:
Encourage Flexibility: Educate employees on diverse DISC styles and promote adaptability. A culture that appreciates varied behavioral styles encourages inclusivity and understanding—integral aspects of a thriving company culture within a small business.
Foster Collaboration: DISC insights can foster collaboration and synergy among team members. Emphasize the unique value each style contributes to the team's collective triumph—essential for successful team building and cultivating a robust company culture.
Cherish Diversity: Recognize and celebrate the uniqueness of each style; no one style is superior. Valuing the array of behavioral traits within the organization underlines collaboration and understanding—essential for a thriving company culture in the context of a small business.
By integrating DISC insights into the organizational fabric, a profound and harmonious environment emerges, empowering employees and aligning them with the company's vision.
Understanding and embracing these predictable behavioral traits pave the path for a culture that nurtures success, growth, and enduring prosperity in the realm of small business.
Want to learn the steps to implement DISC in your company? Click Here.
Want a professional small business coach to help you implement DISC in your small business? Click Here.
If you are ready to talk to one of the top-rated small business coaches centrally located in Oklahoma City, Oklahoma, in the United States, CLICK HERE to chat or CLICK HERE to call us at 405-919-9990 today!
Unleash Your Potential: Is a Small Business Coach Worth It?
In this blog post, we'll explore the immense value that small business coaches can bring to your entrepreneurial journey and how they can inspire you to reach new heights.
Running a small business can be an exhilarating journey filled with dreams of success, financial independence, and the satisfaction of seeing your vision come to life.
However, this path has its challenges. Many small business owners struggle to navigate the complexities of entrepreneurship, often feeling overwhelmed, frustrated, and, at times, on the brink of giving up.
This is where the question arises: Is a small business coach worth it?
In this blog post, we'll explore the immense value that business coaches can bring to your entrepreneurial journey and how they can inspire you to reach new heights.
The Small Business Struggle’s
To truly appreciate the worth of a business coach, let's first acknowledge the everyday struggles that many small business owners face:
Lack of Clarity: It's not uncommon for entrepreneurs to have a great product or service but struggle to define their long-term vision, mission, and goals. Without a clear direction, it's easy to become lost in the market's noise.
Limited Resources: Small businesses often operate on tight budgets. Finding the right balance between investments and cost-cutting can be challenging, especially when trying to grow.
Overwhelming Responsibilities: As a small business owner, you wear many hats – from CEO to janitor. The sheer volume of responsibilities can lead to burnout and a loss of focus on core business activities.
Isolation: Entrepreneurship can be a lonely journey. Small business owners often lack a support network and someone to bounce ideas off of, leading to feelings of isolation.
Stagnation: Some businesses plateau after initial growth, unable to break through to the next level. Often, the business owner is the one to blame as they are the bottleneck keeping the business from moving forward.
The Role of a Business Coach
Now, let's dive into how a business coach can be your guiding light through these challenges and why they are worth every penny:
Clarity and Vision: A skilled business coach will help you define your vision and long-term goals. They ask the tough questions that encourage you to think critically about your business's purpose and direction. With a clear vision, you'll have a roadmap to follow, making every decision more purposeful.
Resource Optimization: Business coaches can assist you in making wise financial decisions. They'll help you identify where to invest and where to cut costs, ensuring that your resources are used efficiently to drive growth.
Accountability: One of the most valuable aspects of a business coach is accountability. Knowing that someone is tracking your progress and holding you to your commitments can be a powerful motivator. It prevents procrastination and encourages consistent action towards your goals.
Mentorship and Guidance: A business coach is a mentor who has "been there, done that." They provide valuable insights based on their own experiences and can help you avoid common pitfalls. Their guidance can save you time, money, and headaches.
Networking and Support: Many business coaches have extensive networks of professionals in various industries. They can connect you with experts and potential collaborators, expanding your support system and opening doors to new opportunities.
Continuous Learning: Business coaches are committed to your growth. They'll encourage you to invest in your own education, providing resources and suggesting courses or workshops to develop your skills and help you improve your time management.
Inspiration Through Business Success Stories
To inspire you further, let's explore a couple of success stories from small business owners who invested in business coaching:
Sarah's Story: Sarah had a passion for baking and decided to turn it into a business. However, after a year of struggling to make ends meet, she was on the verge of closing shop. She hired a business coach who helped her refine her product offerings, improve her marketing strategy, and manage her finances more effectively. Within two years, Sarah's bakery was thriving, and she had expanded to multiple locations.
John's Story: John ran a small IT consulting firm but found it challenging to scale beyond a certain point. His business coach introduced him to new technologies and helped him build a team of skilled professionals. With the coach's guidance, John's company secured lucrative contracts with major corporations, and he experienced exponential growth.
In the world of small business, the question of whether business coaches are worth it can be answered with a resounding "yes." They provide invaluable guidance, support, and inspiration to help you overcome challenges and achieve your entrepreneurial dreams.
Remember, every successful entrepreneur has faced obstacles along the way. It's not a sign of weakness to seek assistance; it's a testament to your commitment to succeed.
So, if you're a small business owner struggling to find your way, consider investing in a business coach. Their wisdom and experience can be the catalyst for transformative growth and prosperity. Embrace the journey, and let a business coach light the path to your success.
Let's delve deeper into the benefits of business coaching and explore additional reasons why it may be worth your investment.
Goal Setting and Achievement:
Business coaches excel at helping you set realistic and achievable goals. They break down your long-term vision into smaller, actionable steps. This approach not only makes your objectives more manageable but also allows for regular check-ins to assess progress.
You'll gain confidence and motivation to keep pushing forward as you consistently achieve these milestones.
Personal Growth:
Running a business is not just about managing finances and operations; it's also about personal growth. A business coach helps you develop critical leadership, communication, and decision-making skills. Through constructive feedback and tailored exercises, they empower you to become a better version of yourself professionally and personally.
Resilience and Adaptability:
The business landscape constantly evolves, and unforeseen challenges can arise at any moment. A business coach helps you build resilience and adaptability. They teach you to embrace change, learn from failures, and bounce back stronger. This skill is invaluable in a world where adaptability is critical to survival.
Work-Life Integration:
Many small business owners need help with maintaining a healthy work-life balance. The relentless pursuit of success can lead to burnout and strained relationships. A business coach helps you prioritize your well-being and create a sustainable schedule. Integrating your work and personal life improves overall happiness and productivity.
Confidence Boost:
Entrepreneurship often requires making bold decisions and taking calculated risks. Doubt and fear can hinder your progress. A business coach serves as your cheerleader, encouraging and boosting your self-confidence. With their support, you'll feel more self-assured in your decision-making, which can profoundly impact your business's success.
Customized Strategies:
Unlike generic business advice, a business coach tailors their strategies to your unique situation. They consider your industry, market conditions, competition, and specific challenges. This personalized approach ensures that your solutions are precisely suited to your business, increasing their effectiveness.
Long-Term Perspective:
Small business owners often get caught up in day-to-day operations and must catch up on their long-term goals. A business coach helps you maintain a strategic perspective. They remind you of your vision and ensure that your action aligns with your ultimate objectives, preventing you from getting lost in the weeds.
Financial Growth:
Investing in a business coach may seem like an expense, but it's more accurately an investment in your business's financial growth. Their guidance and strategies can lead to increased revenue, higher profit margins, and improved financial stability. The return on investment can be substantial.
Legacy Building:
Beyond financial success, many entrepreneurs desire to leave a lasting legacy. A business coach can help you shape your business in a way that benefits you, your community, and future generations. This sense of purpose can be profoundly fulfilling and inspiring.
In conclusion, whether business coaches are worth it isn't just about the cost; it's about the value they bring to your life and business. They are mentors, motivators, and strategists rolled into one. They provide you with the tools and mindset necessary to overcome obstacles and reach your full potential.
So, if you're a small business owner struggling to find your way, consider the transformational power of a business coach.
Their influence can elevate you from surviving to thriving, from dreaming to achieving, and from struggling to soaring.
Embrace the opportunity, and let a business coach guide you to extraordinary success. Your journey is just beginning, and the possibilities are endless with the right coach by your side.
So take that leap of faith and embark on a transformative journey with a small business coach – you won't regret it. Your business's success is just a coaching session away!
Wondering how to find a business coach right for you? Click Here.
If you are ready to talk to one of the top-rated small business coaches centrally located in Oklahoma City, Oklahoma, in the United States, CLICK HERE to chat or CLICK HERE to call us at 405-919-9990 today!
Why Partnerships Fail And How A Small Business Coach Can Lead The Way To Success
Business partnerships have emerged as a promising avenue for growth, innovation, and shared achievements in the intricate landscape of business success. However, the stark reality is that not all small business partnerships flourish; many crumble due to…
Business partnerships have emerged as a promising avenue for growth, innovation, and shared achievements in the intricate landscape of business success. However, the stark reality is that not all small business partnerships flourish; many crumble due to various challenges. To navigate the complexity of why partnerships fail, dissecting the key factors contributing to their downfall is essential.
In this exploration, we will deep dive into the core reasons why partnerships fail, shedding light on each facet while offering insights into cultivating partnerships that stand the test of time. Additionally, we'll explore how the guidance of a small business coach can provide invaluable assistance in mitigating these pitfalls.
If you want to quickly decide if a business partner is a missing piece to your success puzzle, learn more about our affordable online course, “Are Two Heads Better Than One? Unlock The Key To Deciding If A Business Partnership Is A Missing Piece For Your Business Success.”
1 - Misaligned Goals and Visions: The Crucial Foundation
Partnerships often commence with high hopes and ambitious visions. However, the absence of aligned goals can unravel even the most promising alliances. For instance, consider a scenario where a tech startup partners with an established corporation. Conflicts can arise due to incongruent trajectories if the startup envisions rapid innovation while the corporation prioritizes stability. Such discord in direction fosters resentment and sows the seeds of failure as conflicting expectations chip away at the partnership's foundation.
A skilled small business coach can help bridge this gap by facilitating goal-setting sessions that align with the partners' visions. They can mediate discussions and guide the partners in identifying common objectives, ensuring a solid foundation for collaboration.
2 - Lack of Clear Communication: The Silent Eroder
Effective communication serves as the bedrock of any successful partnership. When communication falters, misunderstandings and missed opportunities arise. Partners who assume rather than converse are at risk of nurturing silent resentments. Picture this: one partner believes the other will handle a critical marketing campaign, leading to a missed deadline and loss of opportunities.
A small business coach can conduct workshops on effective communication strategies, teaching partners to express their ideas clearly and actively listen to each other. Business partners can refine their communication skills through role-playing exercises and real-world examples, enhancing the overall partnership dynamic.
3 - Unequal Contributions and Efforts: The Imbalance Dilemma
Partnerships thrive on mutual effort and balanced contributions. However, the scales tip precariously when one business partner shoulders a disproportionate load regarding resources, responsibilities, or dedication. This imbalance breeds mistrust and undermines the very essence of collaboration. Imagine a scenario where one partner contributes most of the financial investment but expects the other partner to handle most of the workload.
A small business coach can assist in negotiating fair terms, ensuring that contributions are proportional and clearly defined. Their expertise in business dynamics can guide business partners in determining a balance that reflects their respective strengths and capabilities.
4 - Incompatible Cultures and Values: A Fractured Alliance
Divergent cultures and conflicting values can act as poison to business partnerships. Consider a situation where one business partner values transparency while the other prioritizes confidentiality. This incongruence extends to decision-making styles, communication approaches, and strategic approaches. The resulting friction can derail even the most well-intentioned collaborations.
A small business coach can facilitate workshops exploring business partner organizations' cultural values. The coach empowers business partners to navigate potential cultural clashes more effectively by identifying common ground and creating strategies to manage differences.
5 - Failure to Adapt and Evolve: The Stagnation Pitfall
In the dynamic business landscape, business partnerships must evolve to remain relevant. Failure to adapt to shifting market dynamics, technological advancements, or changing customer preferences leads to stagnation. Embracing change and staying nimble is critical for partnership longevity.
A small business coach with industry insights can guide business partners in identifying emerging trends and adapting their strategies accordingly. They provide an external perspective that aids in recognizing areas where adjustments are necessary for sustained success.
6 - Financial Disputes and Mismanagement: The Monetary Quagmire
Monetary disputes can swiftly unravel business partnerships. Disagreements over financial contributions, profit distribution, and investment decisions sow discord. Partners must create clear financial agreements, maintain transparency, and foster a shared fiscal vision to ensure the partnership's resilience.
A small business coach experienced in financial management can help business partners develop comprehensive financial plans that outline contributions, profit sharing, and investment strategies. Setting these parameters upfront significantly reduces the likelihood of financial disputes.
7 - Lack of Defined Roles and Responsibilities: The Ambiguity Abyss
The ambiguity surrounding roles and responsibilities leads to chaos within business partnerships. Partners grappling with undefined roles are prone to confusion and blame-shifting. Clear delineation of tasks, obligations, and decision-making authority is vital for a harmonious collaborative rhythm.
A small business coach can facilitate role-definition sessions, where partners outline their strengths and preferences. By matching these to specific roles, business partners enter the partnership with a clear understanding of their responsibilities and how they contribute to the overall success.
8 - Changing Market Conditions: The Unpredictability Factor
Business partnerships unprepared for external disruptions are vulnerable. Economic downturns, regulatory shifts, or sudden market changes can undermine even the most promising collaborations. Partners must remain adaptable, ready to pivot in response to unforeseen challenges.
Armed with industry expertise, a small business coach can guide business partners in scenario planning and risk mitigation. By anticipating potential challenges, partners can develop contingency plans that allow them to navigate unexpected shifts in the market.
9 - Ego and Power Struggles: The Collaboration Killer
Ego-driven power struggles can dismantle business partnerships. When personal agendas overshadow shared goals, conflicts ensue. Successful partnerships require prioritizing collective objectives and minimizing personal ego.
A small business coach can facilitate conflict resolution workshops, equipping partners with tools to address ego-driven disputes constructively. By fostering a culture of open dialogue and mutual respect, the coach helps partners overcome personal barriers to collaboration.
Conclusion
A roadmap to small business partnership success emerges as we unveil the intricate landscape of why partnerships fail. Navigating through misaligned goals, communication breakdowns, and other pitfalls allows us to build enduring and thriving partnerships. Learning from failures gives us the tools to construct robust collaborations rooted in effective communication, mutual understanding, and equilibrium.
Are you ready to unravel the secrets of successful business partnerships and sidestep the pitfalls of failure with the guidance of a seasoned small business coach?
Immerse yourself in our comprehensive online course, a treasure trove of insights into the intricacies of why partnerships fail.
Gain the knowledge and strategies necessary to foster enduring, fruitful alliances.
Embark on this transformative journey now and seize the opportunity to cultivate partnerships that weather challenges and emerge stronger.
With the support of a small business coach, you'll be well-equipped to navigate the business partnership landscape with confidence and expertise.
If you are ready to talk to one of the top-rated small business coaches centrally located in Oklahoma City, Oklahoma, in the United States, CLICK HERE to chat or CLICK HERE to call us at 405-919-9990 today!
Unlocking Success: How Small Business Coaching Can Help Your Small Business Thrive
Running a small business can be both exciting and challenging.
In this blog, we will explore how coaching for small businesses can help small business owners tackle their toughest challenges and how the coaching process breaks down the fear of the unknown.
Running a small business can be both exciting and challenging. Small business owners often need help managing finances and marketing to handle personnel and strategic planning. Many entrepreneurs may need help to take critical steps toward growth due to the fear of the unknown. However, this is where small business coaching steps in, acting as a valuable guide, mentor, and problem solver.
In this blog, we will explore how coaching for small businesses can help entrepreneurs tackle their toughest challenges and how the coaching process breaks down the fear of the unknown.
1 - Identifying Pain Points and Setting Goals
The first step in small business coaching is identifying pain points and setting clear goals. Every business faces unique challenges, and a small business coach works closely with entrepreneurs to assess their businesses and understand their specific pain points. Whether it's struggling with marketing, facing financial difficulties, or encountering operational inefficiencies, a business coach helps pinpoint these issues and prioritize them. With a clear understanding of the business owner's aspirations, the coach helps set realistic and achievable goals, creating a roadmap for success.
2 - Crafting Effective Business Strategies
Once the pain points are identified, the small business coach collaborates with the small business owner to develop effective business strategies. Drawing on their expertise and experience, the coach offers insights and proven methods to address specific challenges. For example, if the business is facing tough competition in its niche, a business coach might suggest innovative marketing techniques to stand out from the crowd. Additionally, the coach may help refine the business model to adapt to changing market dynamics or explore new untapped markets to expand the business's reach.
3 - Financial Management and Planning
Financial management is a critical aspect of running any small business. Many small business owners struggle with budgeting, cash flow management, and understanding financial statements. A small business coach guides you in developing a comprehensive financial plan that aligns with the business's objectives. They help create budgets, manage cash flow effectively, and interpret financial statements to make informed decisions. This financial empowerment allows the business owner to face financial challenges with confidence, reducing the fear of the unknown.
4 - Marketing and Branding
Effective marketing and branding are essential for success in today's competitive business landscape. A small business coach can assist in creating a compelling brand identity that resonates with the target audience. They help design and implement marketing campaigns tailored to the business's unique selling points, ensuring that the message reaches the right customers through various channels. Moreover, the coach may explore digital marketing strategies to capitalize on the online market presence, opening up new growth opportunities.
5 - Improving Decision-Making and Problem-Solving Skills
The ability to make critical decisions and solve problems is at the heart of successful entrepreneurship. However, it's not uncommon for small business owners to feel overwhelmed by the weight of such decisions, especially when outcomes are uncertain. A small business coach acts as a mentor, guiding the owner through decision-making. They assist in assessing risks, analyzing alternatives, and evaluating potential outcomes, leading to more informed choices. This enhanced decision-making capacity empowers the small business owners to tackle challenges with a clearer perspective, reducing fear and hesitancy.
6 - Enhancing Leadership and Management Skills
Effective leadership and management are crucial for creating a cohesive and productive team. Small business coaches focus on honing leadership skills, encouraging a positive work culture, and resolving employee conflicts. They help small business owners understand different management styles and identify the best approach with the business's values and objectives. Improved leadership skills translate to a more engaged and motivated workforce, increasing productivity and overall success.
7 - Accountability and Motivation
Owning a business can sometimes feel isolating, and staying motivated can be challenging, especially during difficult times. Small business coaches play a pivotal role as accountability partners. They regularly check in with the entrepreneur, monitor progress toward set goals, and provide constructive feedback. This accountability helps keep the business owner on track and motivated to stay focused on achieving their objectives, regardless of the uncertainties they may encounter.
8 - Building Confidence and Overcoming Fear
The fear of the unknown can be a significant barrier for small business owners when taking risks and exploring new opportunities. Through personalized coaching, the small business owner gains confidence in their abilities and the value they bring to their business. Coaches work on bolstering the entrepreneur's self-belief and instilling a growth mindset. By developing this newfound confidence, entrepreneurs can navigate uncertainty with resilience and adaptability.
Conclusion
Small business coaching is a transformative process that empowers entrepreneurs to conquer their most demanding challenges. By providing expert guidance, business acumen, and emotional support, small business coaches become invaluable assets to any business owner.
Moreover, the coaching process breaks down the fear of the unknown, allowing small business owners to navigate their business journey confidently and determinedly. Embracing the assistance of a small business coach can be the key to unlocking success and taking your business to new heights.
In conclusion, small business coaching offers numerous benefits that can significantly impact the success and growth of a business. From identifying pain points and setting clear goals to crafting effective strategies and enhancing leadership skills, the support and guidance of a small business coach can be a game-changer. The fear of the unknown often holds small business owners back, but they can gain the confidence to tackle challenges and embrace opportunities through personalized coaching.
Small business coaching is not limited to any specific region; it's a resource that can benefit entrepreneurs in various locations and industries. Whether you're running a startup, managing a family business, or scaling an established company, seeking the assistance of a business coach can lead to remarkable improvements.
As an entrepreneur, investing in small business coaching is an investment in yourself and the future of your business. It's an opportunity to gain fresh perspectives, learn new strategies, and navigate the complexities of business ownership with support and guidance. By breaking down the fear of the unknown and empowering you with the tools to overcome challenges, a small business coach can help you unlock the full potential of your business and achieve lasting success.
So take that leap of faith and embark on a transformative journey with a small business coach – you won't regret it. Your business's success is just a coaching session away!
Wondering how to find a business coach right for you? Click Here.
If you are ready to talk to one of the top-rated small business coaches centrally located in Oklahoma City, Oklahoma, in the United States, CLICK HERE to chat or CLICK HERE to call us at 405-919-9990 today!
How To Build A Small Business That Works Without You: The Steps You Need To Know
This blog post will delve into critical strategies to help small business owners develop a thriving enterprise that can flourish even when not physically present, freeing up time for other pursuits.
Starting a small business is an exciting adventure for many entrepreneurs. However, the ultimate goal is not just to create a business but to build one that can operate efficiently and grow sustainably without relying solely on the owner's constant presence.
This blog post will delve into critical strategies to help small business owners develop a thriving enterprise that can flourish even when not physically present, freeing up time for other pursuits.
You can turn your small business into a self-sufficient and prosperous venture through effective planning, business coaching, and embracing the entrepreneurial spirit.
1 - Lay a Solid Foundation:
Building a successful business starts with a strong foundation. Define your purpose, vision, mission, and goals clearly. Understand your target audience, identify your unique selling proposition, and assess the market demand for your product or service. Conduct thorough market research to gain insights into your competitors and industry trends. These fundamental steps will help you chart a strategic course for your small business.
2 - Cultivate a Productive Team:
It would be best to cultivate a capable and motivated team to create a business that doesn't rely solely on your presence. Surround yourself with talented individuals who share your passion and vision. Hiring the right people, fostering a positive work environment, and providing opportunities for professional growth will empower your team to take ownership and make decisions in your absence.
3 - Delegate Effectively:
Learning to delegate is vital for small business owners who want to grow their ventures. Identify your strengths and delegate tasks that align better with your team's skillsets. Trust your employees to handle responsibilities and give them the authority to make decisions. Effective delegation relieves your workload and fosters a sense of responsibility and commitment within your team.
4 - Invest in Small Business Coaching:
Embracing business coaching can be a game-changer for small business owners. A small business coach provides invaluable insights, guidance, and an objective perspective on your operations. They can help you identify growth opportunities, overcome challenges, and develop strategies for long-term success. Working with a small business coach can save time and resources, accelerating your business's growth trajectory. If you are wondering the investment of business coaching and how it works, click here.
5 - Leverage Technology:
Technology is pivotal in streamlining operations and maximizing efficiency in the digital age. Invest in tools and software that automate repetitive tasks, track key metrics, manage customer relationships, and optimize business processes. Embrace e-commerce platforms and digital marketing to expand your reach and engage with a broader audience.
6 - Focus on Customer Experience:
A satisfied customer is likelier to become loyal and recommend your business to others. Prioritize delivering exceptional customer experiences by actively seeking feedback and implementing improvements based on customer suggestions. Happy customers drive repeat business and become brand advocates, helping your business grow through word-of-mouth.
7 - Create Systems and Standard Operating Procedures (SOPs):
Efficiency and consistency are essential for a business to run smoothly without constant oversight. Develop clear and comprehensive standard operating procedures (SOPs) for critical aspects of your business. SOPs ensure that tasks are performed consistently and facilitate the training of new employees. These systems help maintain quality and reduce the potential for errors or misunderstandings.
8 - Foster Innovation and Adaptability:
Embrace an entrepreneurial mindset that encourages innovation and adaptability. Stay open to new ideas and be willing to evolve with changing market conditions. Monitor industry trends and emerging technologies to remain competitive. Encourage your team to contribute innovative solutions and create an environment where experimentation is encouraged.
9 - Financial Management:
Sound financial management is crucial for the long-term sustainability of any business. Keep a close eye on cash flow, track expenses, and create a budget to ensure your business remains financially healthy. Regularly analyze financial statements and make data-driven decisions to optimize profitability and allocate resources effectively. Consider seeking the advice of a financial advisor or accountant to gain valuable insights into your financial position and potential areas for improvement.
10 - Marketing and Branding:
Effective marketing and branding are essential for attracting and retaining customers. Develop a well-defined marketing strategy that encompasses both online and offline channels. Utilize social media platforms, email marketing, content marketing, and search engine optimization (SEO) to reach your target audience. Build a strong brand identity communicating your business's values, mission, and unique offerings. A strong brand presence can help differentiate your business in a competitive market.
11 - Continuous Learning and Professional Development:
As a small business owner, staying updated with industry trends, best practices, and innovations is crucial. Engage in continuous learning and encourage your team to do the same. Attend workshops, webinars, and industry conferences to expand your knowledge and skill set. Encourage employees to participate in training programs and invest in their professional development. Embracing a culture of learning fosters a dynamic and adaptable business environment. Learn To Earn. We have a few book suggestions for small business owners here.
12 - Scalability and Growth Planning:
Plan for the future and focus on scalability. Consider how your business can expand without compromising on quality. Assess whether your current processes and systems can handle increased demand and identify improvement areas to accommodate growth. Develop a clear growth plan with milestones and strategies to achieve your business's expansion goals. Stay flexible and be prepared to adjust your plan as the market and your business evolve.
13 - Risk Management and Contingency Planning:
Every business faces potential risks and challenges. It's essential to proactively identify and manage these risks to protect your business and its assets. Create a risk management plan that outlines potential threats and mitigation strategies. This plan should also include a contingency plan to deal with unexpected events, such as natural disasters, economic downturns, or changes in the market. A solid risk management and contingency plan can help minimize disruptions and protect your business's continuity.
Conclusion
Building a small business that thrives without constant oversight is a realizable goal with the right approach and mindset. You can create a self-sufficient and successful enterprise by establishing a solid foundation, nurturing a productive team, leveraging technology, and focusing on customer experience. Remember to invest in business coaching and develop effective systems and SOPs to ensure consistent operations. With dedication and an entrepreneurial spirit, you can grow your small business into a flourishing venture that allows you the freedom to pursue other passions while still reaping the rewards of your hard work.
It's important to remember that building a thriving business is an ongoing journey that requires dedication, adaptability, and continuous improvement.
It's important to note that while a business coach can provide valuable guidance and support, the ultimate responsibility for implementing strategies and achieving small business success rests with the small business owner. The coaching relationship should be built on mutual trust, open communication, and a commitment to collaboration to ensure the best possible outcomes for the business.
If you are ready to talk to one of the top-rated small business coaches centrally located in Oklahoma City, Oklahoma, in the United States, CLICK HERE to chat or CLICK HERE to call us at 405-919-9990 today!
The Ultimate List of The Top 20 Business Books for Small Business Owners
Ongoing learning through resources like books and podcasts equips small business owners with up-to-date knowledge, valuable insights, and the ability to adapt and grow. It is essential for long-term success in today's dynamic business environment. Learn to Earn and Why!
For small business owners, continuous learning and personal development are crucial for staying ahead in today's competitive market. Reading insightful business books provides valuable knowledge and guidance and offers inspiration and fresh perspectives. In this blog post, my team and I present the top 20 business books that we feel are essential for small business owners. From leadership and management to marketing and growth strategies, these books cover a wide range of topics to help you succeed. As a bonus, we will also highlight "Do Not: Start or Run a Business My Way," a book I wrote as your small business specialist, Michael Morrison, which provides unique insights and unconventional advice for entrepreneurs.
Let's dive in!
"The Lean Startup" by Eric Ries: This groundbreaking book introduces the lean startup methodology, emphasizing the importance of continuous innovation, customer feedback, and iteration. It provides valuable insights on how to build a successful business while minimizing waste and maximizing efficiency.
"Good to Great" by Jim Collins: Jim Collins explores the key differentiators between good companies and truly great ones. The book presents valuable lessons on leadership, sustainable growth, and the importance of building a strong organizational culture.
"The E-Myth Revisited" by Michael E. Gerber: In this classic, Gerber explains the entrepreneurial myth and offers guidance on how small business owners can avoid common pitfalls. It emphasizes the importance of working on the business for long-term success rather than in the business. This book is one of our all-time favorites that my team and I often read from cover to cover.
"Think and Grow Rich" by Napoleon Hill: An all-time classic. This book explores the mindset and principles necessary for achieving financial success. It offers timeless wisdom on goal setting, perseverance, and the power of positive thinking. This is a book that continues to stand the test of time.
"The 7 Habits of Highly Effective People" by Stephen R. Covey: Covey's book presents a holistic approach to personal and professional effectiveness. It outlines seven habits that can transform individuals into highly successful and fulfilled business owners.
"Crushing It!" by Gary Vaynerchuk: In this book, Vaynerchuk provides valuable advice on leveraging social media platforms to build a personal brand and grow a business. It's a must-read for small business owners looking to harness the power of social media marketing.
"The Innovator's Dilemma" by Clayton M. Christensen: Christensen examines disruptive innovation and explains how established companies can navigate the challenges of disruptive technologies. The book provides insights into staying competitive and fostering business growth in a rapidly changing market. Innovation is critical for success!
"Start with Why" by Simon Sinek: Sinek's book explores the power of purpose and why it is crucial for business success. By identifying and communicating the "why" behind your business, you can inspire loyalty and differentiate yourself from the competition.
"Purple Cow" by Seth Godin: In this book, Godin emphasizes the importance of standing out in a crowded marketplace. It encourages small business owners to create remarkable products or services that are truly unique, attracting customers and driving growth. The title itself is fun and easy to read!
"The Four-Hour Workweek" by Timothy Ferriss: Ferriss challenges the traditional notion of work and introduces strategies for achieving more with less. The book provides practical tips on outsourcing, automation, and time management, enabling small business owners to achieve greater efficiency. This book will challenge you to think differently and not how you think.
"Scaling Up" by Verne Harnish: A practical guide to scaling businesses, Harnish's book covers essential strategies and frameworks for sustainable growth. It focuses on the four critical areas of business: people, strategy, execution, and cash. An abundance of nuggets is in this book.
"The Power of Now" by Eckhart Tolle: While not specifically a business book, Tolle's masterpiece teaches the importance of living in the present moment. By adopting a mindful approach, small business owners can enhance their decision-making, reduce stress, and improve their overall well-being.
"The Tipping Point" by Malcolm Gladwell explores the tipping point concept and how small changes can lead to significant impacts. The book provides insights into marketing, social trends, and the art of creating viral growth for businesses.
"The One Thing" by Gary Keller and Jay Papasan emphasizes the power of focus and prioritization. It guides small business owners in identifying and focusing on the most critical tasks that drive business success.
"Delivering Happiness" by Tony Hsieh: Hsieh, the former CEO of Zappos, shares his entrepreneurial journey and the importance of delivering exceptional customer service. The book highlights the impact of company culture and how it contributes to business growth.
"The Art of War" by Sun Tzu: Though a military strategy book, "The Art of War" offers valuable lessons on leadership, strategic planning, and competitive advantage. Small business owners can apply these principles to outmaneuver competitors and achieve business success.
"Influence: The Psychology of Persuasion" by Robert Cialdini: Cialdini delves into the principles of persuasion and how they can be applied to influence others. Understanding these psychological triggers can help small business owners improve their marketing, sales, and customer relations.
"Profit First" by Mike Michalowicz: Michalowicz introduces a unique approach to managing finances in small businesses. The book advocates for allocating profit first, transforming how entrepreneurs handle their cash flow, and ensuring long-term profitability.
"Mindset: The New Psychology of Success" by Carol S. Dweck: Dweck explores the power of mindset and how it impacts our achievements. By adopting a growth mindset, small business owners can overcome challenges, embrace learning opportunities, and achieve personal and professional growth. One of our podcast guests highly recommended this book.
"Do Not: Start or Run a Business My Way" by yours truly, me: This book is a memoir of things I did wrong and things I learned to do right. It offers a fresh perspective on small business ownership, challenging traditional norms and encouraging innovation, business coaching, and exponential growth.
Reading is an invaluable tool for small business owners seeking growth, inspiration, and fresh perspectives. The top 20 business books listed above cover a wide range of topics, from leadership and marketing to personal development and strategy. Additionally, "Do Not: Start or Run a Business My Way" offers unique insights for entrepreneurs, complementing the other books in this list. Small business owners can enhance their skills, make informed decisions, and unlock new opportunities for business success and growth by investing time in reading and continuous learning.
BONUS: Every entrepreneur who has hit the million dollar mark or more in annual revenue on our podcast Small Business Pivots has mentioned they contribute much of their success to learning and investing in a small business coach or mentor.
If you are ready to talk to one of the top-rated small business coaches centrally located in Oklahoma City, Oklahoma, in the United States, CLICK HERE to chat or CLICK HERE to call us at 405-919-9990 today!
Finding Employees For Your Small Business: How A Small Business Coach Can Help You Navigate The Current Job Market
In today's competitive job market, small business owners face significant challenges in finding and retaining quality employees, particularly for hourly positions. This blog will explore practical strategies and best practices for finding good employees in a challenging hiring landscape.
In today's competitive job market, small business owners face significant challenges in finding and retaining quality employees, particularly for hourly positions. Many factors contribute to this difficulty, including changing workforce dynamics, shifting job preferences, and evolving societal trends.
However, by adopting a strategic and proactive approach to recruitment, small business owners can overcome these obstacles and attract the right talent to drive their businesses forward.
This blog will explore practical strategies and best practices for finding good employees in a challenging hiring landscape.
But first, we must understand the current job market because so many small business owners ask, "How do I find employees for my business?"
Hiring challenges faced by small business owners:
As a small business coach, I have found it crucial to comprehend the dynamics of the current job market. Several factors contribute to the shortage of employees, particularly for hourly jobs (like it or not):
Shifting preferences: Many job seekers now prioritize flexibility, remote work options, and work-life balance, leading to a decline in interest in traditional hourly positions.
Competitive market: The growth of larger corporations and the emergence of new industries have intensified competition for skilled workers.
Changing demographics: The aging population and the rise of the gig economy have influenced the availability of job seekers in different age groups.
Developing an Effective Recruitment Strategy:
To overcome the challenges of finding good employees, small business owners can implement the following strategies:
Define job requirements: Clearly articulate the skills, experience, and qualifications needed for the role to attract candidates who meet your criteria.
Engaging job descriptions: Craft compelling job descriptions that accurately represent the role while showcasing the unique aspects of your business. Highlight opportunities for growth and advancement to attract ambitious candidates.
Leveraging online platforms: Utilize various online job portals, professional networks, and social media platforms to reach a wider pool of potential candidates. LinkedIn, industry-specific forums and local job boards can be valuable resources.
Referral programs: Incentivize your current employees by offering rewards or bonuses to refer qualified candidates. Personal recommendations often yield high-quality applicants.
Effective Interview and Selection Processes:
The interview and selection process is critical in identifying the best candidates. Consider the following best practices:
Structured interviews: Develop and document a standardized interview process in your SOPs with consistent questions for all candidates. This ensures fair and objective evaluation.
Behavioral questions: Ask candidates to provide examples of how they have handled specific situations in their previous roles. This approach offers insights into their problem-solving skills, adaptability, and work ethic.
Skills assessments: Depending on the nature of the role, consider incorporating skills tests, assignments, or simulations to evaluate candidates' capabilities and potential job performance.
Creating an Attractive Workplace Culture:
Building a positive workplace culture is essential for attracting and retaining top talent. Consider these strategies:
Competitive compensation: Offer competitive wages and benefits packages that align with industry standards. Be open to negotiation and highlight your business's unique perks or opportunities.
Professional development opportunities: Emphasize ongoing training, career advancement, and skills enhancement programs to demonstrate your commitment to employee growth.
Employee engagement: Foster a supportive and inclusive work environment by encouraging employee feedback, recognizing achievements, and promoting work-life balance.
While finding good employees for hourly positions can be challenging in today's job market, small business owners can improve their chances by implementing effective recruitment strategies, conducting structured interviews, and creating an attractive workplace culture.
By understanding the evolving dynamics and preferences of the job market, business owners can adapt their approach and successfully attract the talent they need to drive their businesses forward. Remember, persistence, flexibility, and a commitment to creating a positive work environment are crucial to securing and retaining quality employees.
As a small business owner, you can explore various avenues to find potential employees. Here are some effective places to look for candidates:
Online Job Boards: Utilize popular online job boards such as Indeed, LinkedIn Jobs, Glassdoor, and CareerBuilder. These platforms allow you to post job listings and search for candidates based on specific criteria such as location, skills, and experience.
Industry-Specific Websites: Many industries have dedicated job websites or forums where employers can connect with candidates who possess the desired skills and qualifications. Look for websites that cater specifically to your industry or niche.
Local Job Fairs and Career Events: Attend local job fairs, career expos, or industry-specific events in your area. These events provide an opportunity to meet potential candidates face-to-face and assess their suitability for your business.
Professional Networks and Associations: Join professional networks and associations relevant to your industry. Engage with fellow members, participate in discussions, and explore opportunities to connect with individuals who may be interested in working for your small business.
Social Media Platforms: Leverage the power of social media platforms such as LinkedIn, Facebook, and Twitter. Create engaging posts that highlight job openings, company culture, and employee testimonials. Encourage your network to share these posts to increase visibility.
Employee Referrals: Your current employees can be a valuable source for finding new talent. Implement an employee referral program where you incentivize your staff to recommend qualified candidates. Offering rewards or bonuses for successful referrals can motivate your employees to actively participate in the recruitment process.
Local Colleges and Universities: Establish connections with local colleges and universities that offer relevant programs or courses. Reach out to career services departments, attend career fairs on campuses, and consider offering internships or cooperative education opportunities to students.
Community Resources: Engage with community organizations, vocational training centers, and local workforce development agencies. These resources often have access to a pool of job seekers and can help match candidates with the skills you require.
Remember, tailoring your recruitment efforts to your specific industry, target audience, and geographical location is essential. Utilize a combination of these methods to cast a wide net and attract potential candidates who align with your business's needs and culture.
Building Relationships and Tapping into Networks:
In addition to utilizing online platforms and traditional methods, building relationships and tapping into networks can be a fruitful approach in finding good employees for your small business. Consider the following strategies:
Professional Associations and Chambers of Commerce: Get involved in local professional associations and chambers of commerce relevant to your industry. Attend networking events, seminars, and conferences where you can meet professionals who may be seeking new job opportunities or have connections to potential candidates.
Collaborate with Local Educational Institutions: Develop partnerships with local educational institutions, such as community colleges, vocational schools, and universities. Offer guest lectures, sponsor student clubs, or participate in mentorship programs. By engaging with students and faculty, you can establish connections and gain access to motivated individuals who are eager to enter the workforce.
Internship and Apprenticeship Programs: Create internship or apprenticeship programs that provide valuable hands-on experience to individuals looking to enter your industry. These programs can serve as a talent pipeline, allowing you to assess candidates' skills and work ethic before offering them full-time positions.
Alumni Networks: Reach out to alum networks of colleges and universities and tap into their resources. Many graduates actively seek job opportunities and may have a personal connection to your organization through their alma mater.
Professional Referral Networks: Develop relationships with professionals in your industry with extensive networks. Attend industry conferences and seminars, join online forums or LinkedIn groups, and actively engage in conversations. By building trust and rapport, these professionals may refer qualified candidates who fit your small business well.
Remember, building relationships and tapping into networks takes time and effort. Cultivate genuine connections and maintain a positive reputation within your industry. By actively participating in professional communities and leveraging existing networks, you can increase your chances of finding talented individuals who may not be actively searching for jobs but are open to new opportunities.
Conclusion
Finding good employees for hourly positions can be a challenging task in today's job market.
Remember, you are not alone. Most small business owners are struggling and ask the same question as you, "How do I find employees for my business?"
However, small business owners can expand their pool of potential candidates by utilizing online platforms, attending local events, leveraging personal and professional networks, and building relationships with educational institutions.
Implement a multifaceted approach, tailor your recruitment efforts to your industry and location, and be persistent in your search.
With dedication and strategic planning, you can find and retain quality employees who will contribute to the success of your small business.
Need help? Click Here https://www.michaeldmorrison.com/consultation
Unleash Your Business's Potential: How a Small Business Coach Can Help You Achieve Success
Small business owners face numerous challenges that often delay their growth and success. One of the significant challenges is disorganization and chaos within the business operations. Small business owners who struggle with managing their businesses, lack clarity in their vision, and have unclear direction, can benefit from the guidance of a business coach.
This blog post will explore how a business coach can help…
Small business owners face numerous challenges that often delay their growth and success. One of the significant challenges is disorganization and chaos within the business operations. Small business owners who struggle with managing their businesses, lack clarity in their vision, and have unclear direction, can benefit from the guidance of a business coach.
This blog post will explore how a business coach can help a disorganized and chaotic small business become profitable and efficient.
1. Identifying the Root Cause of Disorganization
The first step towards solving a problem is identifying the root cause. For example, a business coach can help the small business owner identify the root cause of disorganization and chaos within the business operations. Next, they will evaluate the business processes, systems, and procedures and identify areas for improvement.
Once the root cause is identified, the business coach can work with the small business owner to develop a strategy to address the underlying issues.
2. Develop a Clear Vision and Strategy
A business coach can help a small business owner develop a clear vision and strategy for their business. This is important because it is difficult to make progress without clear direction. Every business must have a north star and guiding light to follow.
The business coach will work with the small business owner to identify their long-term goals and create a plan to achieve them. Then, they will help the small business owner to break down the goals into smaller, achievable tasks and develop a timeline for completing them.
3. Implementing Effective Business Systems
A business coach can help a small business owner implement effective business systems and processes, also known as SOPs. Systems and processes are essential for creating efficiency and consistency in business operations.
The business coach will work with the small business owner to identify areas where systems are needed and develop a plan for implementing them. They will also provide training to ensure that everyone in the organization understands how the systems work and how to use them effectively.
4. Accountability and Motivation
A business coach can provide accountability and motivation to a small business owner. Accountability is important because it ensures that the small business owner stays on track with their goals and commitments.
The business coach will hold the small business owner accountable for completing the tasks they have committed to and provide motivation to keep them focused and motivated. This can be especially beneficial for small business owners who struggle with staying focused and motivated.
5. Developing Leadership Skills
A business coach can help a small business owner develop leadership skills. Leadership skills are essential for managing employees and creating a positive work environment.
The business coach will work with the small business owner to develop leadership skills, including communication, delegation, and conflict resolution. This will enable the small business owner to create a positive work environment, increase employee satisfaction, and ultimately, improve business performance.
Choosing the Right Business Coach: A Step-by-Step Guide to Hiring the Perfect Fit for Your Small Business
As a small business owner, hiring a business coach can be a significant investment in your professional growth and the success of your business. A business coach can provide valuable insights, guidance, and support to help you overcome challenges, achieve your goals, and unlock your full potential as an entrepreneur. However, with so many available options, choosing the right business coach who aligns with your needs, goals, and values is essential.
Below is a step-by-step guide to help you hire the perfect business coach for your small business.
Define Your Goals and Expectations for Hiring a Business Coach
Before hiring a business coach, it's crucial to have a clear understanding of your goals and expectations. What specific areas of your business do you need help with? For example, do you want to improve your leadership skills, enhance your marketing strategies, or streamline your operations? Understanding your goals and expectations will help you identify the right business coach with expertise and experience. Be specific about what you want to achieve and what you expect from the business coaching relationship, as this will serve as a foundation for your search.
Do Your Research for Potential Business Coaches
Once you clearly understand your goals and expectations, it's time to conduct thorough research to identify potential business coaches. Start by requesting referrals from your professional network, colleagues, or fellow entrepreneurs. Next, look for business coaches with experience working with small businesses in your industry or niche. Utilize online resources such as business directories, industry associations, and social media platforms to find potential candidates. Review their websites, testimonials, and online presence to understand their expertise and approach.
Assess Their Business Ownership Experience and Expertise
When evaluating potential business coaches, assessing their experience and expertise is crucial. Look for business coaches who have owned businesses and have a proven track record of working with small businesses and achieving successful results. Consider their expertise in specific areas that align with your goals and expectations. For example, if you need help with marketing, look for a business coach with a background in marketing or a successful track record of helping businesses improve their marketing strategies. Assessing their experience and expertise will give you confidence in their ability to provide the guidance and support you need.
Check Their Coaching Style and Approach
Every business coach has their own coaching style and approach. Finding a coach whose style and technique resonate with you and your learning preferences is essential. For example, some business coaches may focus on a directive approach, providing specific advice and solutions, while others may use a more facilitative approach, guiding you to find your own answers through questioning and reflection. Consider your preferred learning and communication styles, and look for a business coach who can adapt their coaching approach to meet your needs. A good fit in coaching style and approach will ensure a more effective coaching relationship.
Consider Fit and Chemistry
Last but not least, consider the fit and chemistry between you and the potential business coach. The coaching relationship requires trust, open communication, and a positive rapport. Consider if you feel comfortable sharing confidential information.
In conclusion:
In conclusion, a business coach can be a valuable asset to a small business owner struggling with disorganization and chaos within their business operations.
Are you ready to make changes in your small business?
Contact us today at 405-919-9990 or schedule a free consultation by clicking here!
How to Become a Great Leader That People Want to Follow
Do you want to learn how to become a great leader? Read this article to see how to lead so that people will choose to follow you.
There is a 93% chance that your team would rate you in the bottom 10th percent of productivity in the office. That is if you're an uninspiring leader.
If you want to know where you stand in your office, you need to know how to be a great leader. You can learn everything you need to know about how to become a great leader by reading this article.
Avoid being an uninspiring, unproductive leader by taking all of our practices back to the office. Your employees will be beyond excited, and you'll be more respected than ever.
1. Start With Understanding Yourself
Before you start making the necessary changes for yourself and your team, you need to understand how you fit in the team. In other words, you need to understand your personality.
You may be wondering how you could understand yourself any better than you already do. However, you may be surprised to hear the results of a leadership personality test. Many people who do choose to take personality tests end up with a different result than they were initially expecting.
Once you take a personality test or two, you can truly understand how you handle different situations in the office. From this, you can change your outlook and allocate responsibilities equally and equitably.
You may be a communicator who thought they were a problem-solver. In this example, you may begin giving problems to others and taking on communication tasks for yourself.
Having your employees take these examinations can help you know which tasks would be best given to whom.
2. Gather Everyone and Ask For Ideas
You should always encourage your staff to be creative and open with their ideas. After you have taken those personality assessments, you can better decide where your help is most needed.
However, you need to see where people want your help first. Ask your employees how their current projects are doing and how you can help support them in completing those projects.
You should also make sure to ask for everyone's input in what your company has done so far. Ask if there are things they'd like to add or get rid of. If they do have great ideas, credit them with those ideas, and ask if they would like to take over approved projects by themselves.
Make sure that you're leading your staff towards creative, effective solutions that would lead to great outcomes for your company.
3. Do the Work Yourself
Stop sending your employees off to do everything for themselves. You should encourage hard work, but you shouldn't use your employees to avoid doing the work yourself.
Make sure that you're holding yourself accountable and completing just as much work as everyone else in the office. If your position is managerial or supervisory, make sure that you're diving into your work. Your main responsibility may be organizing employees, but you should make sure that you're doing more than organizing them into spreadsheets.
Dive into your and your employees' work. Show them you care, and you'll earn their respect in no time.
4. Spread Positivity
If you're upset whenever you're working, your employees will be able to tell. Show that you're excited about the work you and your team are doing.
If you aren't positive or happy about your job, you should ask yourself how you can change this. Do you need a company retreat, casual Fridays, or something else to make work more bearable?
Check-in on your employees periodically and make sure they're happy with what they're doing. If they aren't happy, experiment with how you can change their working environment to please their needs.
Your workers need a break from time to time. Turn your office into a place of growth, positivity, and empowerment.
5. Communicate Always
You may have heard that communication is the key to success. This is 100% true.
No one wants to work with or for someone who doesn't communicate. As a leader, you need to show others that you are clear and concise in your communication. Otherwise, you may not earn the respect that you're looking for.
The best thing that you can do is send out a regular form of communication regularly. We suggest checking in with your team at least once a day.
You may only need to send one mass email a week, but you should still make sure you're checking outside of that email. If you work in an office, take time to walk around and ask how everyone is doing with their current assignment(s).
If you want to know how much communicating you need to do, try this repetitive trick:
Tell your audience what you want to tell them.
Remind them what you told them.
Ask them what they heard.
Tell them again.
This style of speaking is repetitive but effective.
6. Don't Forget to Listen
While you're doing all of this communicating, you need to be listening too. Those you're leading don't want to feel like they're simply being spoken to. They need a leader that will listen.
If you aren't listening, you'll miss out on hearing if they need your help with something or have a complaint. Therefore, you'll miss out on things that you could improve.
You could also miss out on hearing any ideas that others have. If you're ignoring these, you will come off as rude.
The bottom line is that you cannot be an effective leader if the only person you're hearing is yourself.
By listening to others, you'll learn how you can improve and help solve difficult situations. This will reduce work-related stress. If you're a leader in a work environment, this could make a huge difference in how much progress you make.
Keep your ears open for new ideas and difficult challenges. You never know what you could pick up by simply hearing what others have to say.
7. Encourage Participation
A leader is supposed to bring people together. To do this, you have to encourage participation from those you're leading.
If you can't bring people together, then you can't lead a group.
By encouraging participation, you'll have a great team that will get tons of work done quickly and efficiently. You don't want anyone left out of the working team.
You may have people that don't want to participate with the rest of the team. You need to talk to these individuals and figure out why they don't want to be a part of the team. They could not get along with others or simply be lazy.
You can't fix laziness, but you can change their tasks to something more enjoyable and exciting for them personally. If nothing seems to be working, that person may not be a good fit for the team.
The best way to bring the team together is to give everyone a personalized part on the team.
8. Recognize Hard Work
You've established yourself as a leader in your group. You have all of your team members specialized where they work best. You're communicating, listening, and working hard.
However, you're still missing something very important if this is all you do.
You need to recognize everyone's hard work and give those hard workers recognition. You may want to consider having a built-in rewards system for your team so that they will be more likely to complete tasks and work harder.
You should also consider that some employees prefer to be given praise in different ways. Some may like public praise, while others want to be praised in private. Some prefer physical gifts, while others prefer non-tangible ones.
You may want to ask what your team members' preferences are before beginning a project. This way, you're showing them that you want to praise them as is comfortable and best for them.
It will also save an embarrassing moment for a shy team member who may be praised in front of the whole group.
9. Keep Trying New Things
You never want to get bored with doing the same old thing every time you go to do a project with your team. You need to keep trying new approaches to see how you like different styles.
You may find that you like a style of leadership and progress that you have never previously tried.
Keep your team in the loop as well. Ask them if they have any ideas for new things to try. One of them may have the best idea you've ever heard. They just need a chance to share it with you.
By staying relevant, you're keeping your team upbeat and excited about everything to come. A boring routine will only give you the label of an uninspiring leader.
10. Count On Us
If you're leading a small business, you should be relying on us for all of your coaching needs. Our team will constantly remind you of these and more techniques on how to become a great leader.
If you haven't worked with us or any business coach in the past, schedule a discovery call today. Running a business is no different than a sport or an academic subject. You need a coach or a tutor to look at what you're doing and help you improve your strategy.
The Golden Rule For Making Business Decisions During A Crisis
A crisis creates uncharted waters. History lessons from the "Gold Rush of 1849" are essential to learning how to move forward in times of crisis so that we…
On January 24, 1848, a man by the name of James W. Marshall accidentally found gold on his property in the Sacramento area of California. The city was desolate at the time, but gold has value, so the news quickly spread like wildfire.
In the next few years, hundreds of thousands of gold-seekers rapidly traveled to the area seeking to get rich quickly. Quickly, the area was overpopulated with so many people that chaos and corruption, like gambling, prostitution, and other forms of violence to the area, created a regional crisis.
This time in history is known as "The Gold Rush of 1849." The migrants traveling to the area by horseback and covered wagons which were eager to become rich became to be known as '49ers, named for the year they began to arrive.
History is invaluable for learning purposes, and "The Gold Rush of 1849" is no exception. This history lesson reaffirms that when there is an opportunity to get rich quickly, the number of those looking to take advantage of other's success drastically increases, resulting in chaos and crisis.
A crisis creates uncharted waters. History lessons from the "Gold Rush of 1849" are essential to learning how to move forward in times of crisis so that we are making smart decisions as small business owners.
Trying to navigate through uncharted waters as a small business can always be challenging. In uncharted water, small business owners should be alert.
Currently, the uncharted crisis that most everyone around the world is attempting to navigate through is COVID-19, a virus that has no cure, and that is life-threatening. The virus has shut down the global economy around the world.
There is still a lot of uncertainty about the virus, and presently, there is not a timeline of when the pandemic will let up. Businesses are shutting down in high numbers, people are ordered to stay at home, countries are collapsing, unemployment numbers are skyrocketing, and people are dying.
So, what is the golden rule this history lesson can teach small business owners?
To slow down! Or, more chaos and crisis will prevail just as it did in 1849 when the area became overpopulated with immigrants looking to get rich.
Yes, leaders should indeed be able to make swift and decisive decisions.
But, recognizing that the number of those looking to take advantage of others during a crisis, those who see a golden opportunity like the "Gold Rush of 1849", those looking to get rich quickly by scamming others, increases significantly. So, do not panic and make haste decisions, slow down.
In times of an extreme crisis, good or bad, there will always be a large number of people and businesses moving in to get rich quick, no matter the cost. The best way to avoid getting burned by the influx of getting rich quick schemes is to slow down and do your due diligence.
A crisis is an extended period of time of intense difficulty. So, when navigating through a crisis, research your options, and do your due diligence. Yes, business owners need to make swift and decisive decisions, but you have time in a crisis. Because in most disasters, there is not an overnight fix to navigate to the other side of the crisis.
If a business is at the point, they need an overnight fix; they more than likely have more significant issues than the crisis itself.
There is not a guaranteed overnight solution. Scammers look to take advantage during a crisis and will typically make extreme promises to lure their victims.
The status quo and overnight guarantees typically do not stand the test of time and, in the future, often lead to more chaos and crisis of a different kind. The best solutions to overcome a crisis and make sound business decisions are to slow down, do your due diligence, and make incremental changes that will add up over time.
In Times of Crisis, A Business Must Have A Plan
The Covid-19 virus has certainly caused disruption and desperation, affecting most if not everyone around the world. At this moment, most small business owners are…
"A goal without a plan is just a wish." - Antoine de Saint-Exupery
"If you fail to plan, you are planning to fail." - Benjamin Franklin
The Covid-19 virus has certainly caused disruption and desperation, affecting most if not everyone around the world. At this moment, most small business owners are desperately trying to figure out what to do next. Many consumers are trying to figure out how they are going to pay bills in the future.
Like most, I have never experienced anything like this in my lifetime. Like most, I try to spread encouragement and inspiration. Like most, I try to help guide and inspire others with my knowledge and experience to help others who are desperately looking for solutions.
Right now, small business owners would fit that category. And although my small business coaching services are primarily for small business owners, they are also applicable to most leaders, executives, and company culture builders.
Realizing, most of us do not have time to read a lengthy article, let's get to the meat of the subject.
In times of crisis, time is of the essence.
In times of crisis, time is of the essence to make a plan.
A crisis plan is not the same as a typical business plan. A business plan is more about purpose, mission, and vision in a stable economy. A crisis plan is more about prioritizing areas that can help a business navigate through uncharted waters.
A crisis plan addresses areas of your business that affect your outcomes like profitability and the ability to operate in the future.
Realizing that every business is in a different season of vulnerability, the areas addressed may or may not make sense for your business or apply to your business at this time of crisis.
As a small business coach and marketing professional, I must also state this is not a public relations management crisis plan. This plan is to help guide and direct management to effectively recognize strengths and weaknesses to help navigate your business to the other side of the crisis.
Here are some areas to consider for a crisis plan:
Action Plan - high, medium, and low priorities
Innovation Assessment - opportunities thinking outside the box
Cash is King - catch up invoicing, collections, etc.
Purchasing - eliminate unnecessary costs
Vulnerability Assessment - weak areas
Telecommuting - equipment, systems, processes, compliance
Systems & Processes - rethinking status quo
Communications - team leaders and staff
Contact list - for quick distribution
Designated chain of command
Forecasting - cash flow for riding out the storm
and many more depending on the current state of your business.
If you already have a plan, congratulations! You are ahead of most small businesses. If you would like another set of eyes to review, I would be happy to help you.
If you do not have a plan and would like assistance, I would be happy to help you.
You may reach out to michael@michaeldmorrison.com.
Addressing Today's Crisis As A Business Owner. What To Do?
Today, many businesses are at a standstill because most of the U.S.A. is on pause with some suggested or required lockdown due to Coronavirus disease. Many business owners have been forced to shut down all operations with no…
Today, many businesses are at a standstill because most of the U.S.A. is on pause with some suggested or required lockdown due to Coronavirus (COVID-19) disease. Many business owners have been forced to shut down all operations with no window in sight for re-opening. Future cash flow has come to a halt. Yet, the liabilities have not. So, as a business owner, what should you do?
Well, when I begin to work with a business, I look for areas that are holding a company back. More times than not, these weak areas are typically a result of the lack of direction and clarity and some form of procrastination. So, in this unknown amount of downtime, the first step to making it out on the other side is to commit to doing something. Anything! And do it now.
Do not wait! Time and time again, history has proven that business leaders who work on their business and not in their business in a downturn generally thrive when things turn around.
Immediately, start making a categorized list of everything you can do right now to work on your business. Categorize your list as High Impact, Medium Impact, Low Impact.
A sample of ideas for each are:
High Impact - Discover an innovative way of continuing to do business right now, enquire about SBA Loan, forecast cash outflows/inflows, catch up on invoicing, catch up on providing estimates, organize your workspace for more efficient production moving forward, etc.
Medium Impact - Find apps or platforms that will make your job more efficient in the future, finish that course you signed up for and never completed, create your buyer persona and marketing plan for the future, re-evaluate your expenses and cut your unnecessary costs like those online subscriptions you never use, etc.
Low Impact - Create better systems and processes for smoother operations, create retention programs for returning clients, re-evaluate hiring/onboarding processes, re-evaluate the profitability of your products and services, etc.
Of course, these areas and action items will vary for each business, depending on what season your business is in or how strong it was before the downturn.
The critical thing is to do something now and not nothing at all. Create a list, prioritize it, then take action. Now!
If you feel like this is a daunting task and do not know where to start, I would be happy to help you get started. Let's find a convenient time to visit over the phone or online.
Start working on your business today for success tomorrow! Reach out to me at michael@michaeldmorrison.com.
3 Simple Steps To Crush It In The New Year
Life is a serious business. We only get one shot. Here are three simple steps to help you crush it in the New Year, so that you can…
No matter where or when you were born, we all entered this world in the same way, naked and uneducated. Each of us had a unique childhood, and through childhood, most of us were under the guidance of another human being. Growing up, those around us influence our thoughts and beliefs.
Most of us did not get a choice of who we wanted to become due to rearing by a caretaker, influencer, demographics, geographics, or activities that went on around us. Many blame current problems on past situations.
Well, that was the past, and this is the present. Now, you are responsible for you. No one is keeping you from achieving your wildest dreams, but you. Now is when you strip yourself from your past. You are not what you were born into; you are not under guidance anymore. You make choices every day that are impacting your future. Most of us enjoy our independence, but we still need direction and some accountability. It is ironic how we all came into this world the same, yet when we leave this world, our achievements, self-worth, and sense of accomplishment will differ vastly. Are you going to leave this world crushing it, or not?
Here are three simple steps to help you crush it in the New Year so that you can live to your fullest potential.
Life is a serious business. We only get one shot.
When working with individuals in their golden years, I often hear the common phrase, I wish. I wish I would have done this; I wish I would have done that. This reflection is a reflection of regret. Regrets that they did not fulfill their passions.
Each day that passes, all of us are getting another day closer to our golden years. We will not physically be able to do the things that we can do today. Like most, we will have a lot of time on our hands to reflect.
When we get to that stage in life, we will be reflecting in one of two ways. One, what a beautiful life I've lived. Everything I wanted to do, I did. I cannot imagine changing anything.
Or, two, a regret. I wish I would have started this or done that. I wish I would have gone here or seen this. I wish I would have been kinder to my spouse so that he/she would not have left me, because it sure is lonely living these last years on earth alone.
We have a short amount of time on this earth. The moment we are born, we begin to die. Get serious about today because tomorrow will be here before you know it.
Make A Plan, With A Strong Why
A critical part of this process is also figuring out a reason to carry out the plan and figuring out why you are going to stick to the idea. Bypassing this step is the number one reason why most people fail to accomplish their goals. New Year's resolutions are a prime example of failed accomplishments.
Only 8% of people are ever successful at achieving their New Year's resolutions. That is less than 1 out of every 10 people. The reason? There is not a strong enough "why" to fulfill these goals.
The number one New Year's resolution year in and year out is to lose weight. Now, if less than one out of every ten people ever achieve their resolution, how high do you think this percentage would rise if we added a strong enough why? What if your doctor had a crystal ball and told you today that if you do not lose 30 pounds that you will die of a cardiac arrest in 90 days? And that you would never see the children or spouse that you love so dearly ever again. Think the percentage of achievement and the drive would increase?
The "why" is like the main ingredient to a recipe. If you do not have the main component of a recipe, your odds of achieving a fantastic edible meal are very slim. You can have all the ingredients of a recipe to make mouthwatering ribs. But if you do not have the ribs, then you are not going to have ribs for dinner.
Before making a goal or plan, you must figure out a strong "why." This plan of action is critical for you to discover, or you will never have the determination to carry out the hard work to achieve your goals.
Take Action
The late Jim Rhone, a personal development speaker, describes success like this, "Success is nothing more than a few simple disciplines (actions), practiced every day."
That sounds simple, right? Easy to say, easy to understand, right? Most successful people say the only thing that separates them from others is that they took action. Everyone knows what to do, but most don't do it. You have to take action in your life today that will impact your tomorrow. Think about where you would be in a year if you took steps every day and build on them each week or month. Start small or start big, just start.
Actions take time. The more you repeat an action, the more natural it becomes. It is an ongoing process. Actions require repeated efforts until they become habits. And with the right habits, success follows.
The ability to drive a car is a perfect example. Most people were nervous about learning to drive for the first time. Yet, in no time at all, it becomes habitual. So routine that most everyone I know has driven past an exit or a turn they usually take and not realize it until later. We get set on autopilot and are so focused on other things that we just drive, and before we know it, end up on an old route or at an old job site.
Changing or taking action takes time to become habitual.
Closing
Life is a serious business! Each week passes faster than the last.
Make a plan with a strong enough reason "why" you need to achieve this goal.
Take action! Make my mantra your mantra, "Do today what others won't. So tomorrow you can do what others can't."
You can do this!
Your Business Reputation Is On The Line! And It's Not With Your Client's!
If you were to ask most business owners to prioritize employees, vendors, and clients, most business owners would say clients first. And, although clients bring in sales and they are important to the growth of the company, they're not…
Welcome to the Morrison Minute where we focus on personal development and business strategy. Today we're going to focus on the small business.
If you were to ask most business owners to prioritize employees, vendors, and clients, most business owners would say clients first. And, although clients bring in sales and they are important to the growth of the company, they're not your number one asset.
In my opinion, the employees are. Because if you don't have great employees, you don't have customers. They're not going to stick around.
But what's more important than that, is venders. Vendors can destroy your reputation. Customers are transactional. You provide a service; they pay the bill. You provide bad service; they provide a bad review. You refund the money and they move on.
Venders know your deepest darkest secrets! They know if you pay on time. They know their experience of when they deliver products to your business to resell, how they were treated when they went to the dock. They know just about every mmm… from one end of your building to the other. Let me give you an example of another way that vendors can destroy your reputation.
I had a prospective client that hired me for coaching services, and we were to meet once, once, a week for an hour. On the first visit, I drove 45 minutes from my office to meet there. I texted him and let him know that I was there. And right when we were supposed to begin, he texted me back saying, “I thought that was tomorrow.” Okay, my bad.
The next week I called him, actually, I emailed him a week in advance, confirmed. I called about three days before, confirmed. I get to the meeting place… I text him where I was located at and he never replied. I texted again, no reply. Phone call, no reply. This went on several times. and some of you may be asking, “why did you keep going back?” Well, we had a non-contractual, but a verbal agreement, that I were to provide services for a certain dollar amount. I wanted to hold up my end of the bargain. I'd already committed those hour blocks to that person.
And guess what? I now share that with other people in the industry of my experience with that person. Because I'm a vendor and if he treats me that way then he's just providing a facade to his clients or employees.
If you’re a business owner that would like a business coach that can think outside of the box, things like this, not your typical everyday situation, let's have coffee. And if you'd like more personal development skills and more business development strategies, sign up for more Morrison Minute. I'd love to see you again!
Marketing Your Logo Could Be Costing You Future Business!
Most small business owners are proud to display their logo. Marketing and branding their logo typically increase sales. But, displaying your logo could be costing you sales when…
Welcome to the Morrison Minute where we focus on personal development & business mastery. Today, we're going to focus on the small business owner. You see, just the other day I was waiting at an intersection, the light was red, the windows were down, the tunes were going, and the light turned green.
As I proceeded into the intersection, out of the corner of my left eye, I see a large service vehicle with a trailer behind it come barreling through the intersection. It's clear they ran a red light! Like most humans, I honked on my horn! Just as quick as I honk my horn, the driver of that vehicle rolls down his window and flips me, the bird!
A friend of mine who has a lot more internet followers than I do had a similar experience. Except, he took his experience a step further. I didn't post my experience on the internet, he did. He took a picture of the vehicle that endangered his life, he said how they endangered his life, how they responded to their action, and asked people not to use that company.
Back to the intersection I was at, there were probably a hundred or so cars waiting from all directions to get through the stop lights. And, I would venture to guess that probably half of them saw, what I saw. They saw a commercial vehicle endangering other people's lives, running a red light, and how they took ownership of their mistake by flipping others off.
If you’re a small business owner and you’d like to visit about things like this, how we can make sure that your employees are representing your company in the most professional away. Or, maybe it's you the owner, that we need to talk about! If you're not willing to take ownership of your actions with your logo on your chest on your apparel or on your vehicles, then maybe it's time to not wear the logo.
If you're looking for more personal development skills or business Mastery skills sign up for more Morrison Minute. I'd love to see you again!
Working "In" The Business Could Be Costing You Money!
Most business owners get stuck working “in” the business and it…
Hi, I'm Michael Morrison! Welcome to the Morrison Minute where we focus on personal development and business coaching. Today, we're going to focus on the small business owner. Because you see, on the internet, there's this cliché - are you working “in” the business or are you working “on” the business. Let me explain.
I know of this successful printing company where there were several business owners and they had a business coach, fully staffed, sixty to seventy employees. They had positions within the company like press operator, bindery operator, IT Department, HR department, etcetera, etcetera. One day, in the business owners meeting, the coach asked each one, “what did you focus on this past week?” First business owner says, “business development.” The second business owner says, “operations.” The third one says, “well, I got stuck working in production, cutting paper.”
You see, in the printing industry, printers print on big sheets of paper and then they get cut down to size to deliver to the customer. FYI.
The business coach says, “what does that position, paper cutter typically pay.” The business owner says, “ooh, typically ten to fifteen dollars an hour.” The business coach jumps out of his seat and says, (knowing that this business owner, makes a business owner salary) and he says, “do you realize you are the most expensive paper cutter not just in your region but probably the world?”
You see that's working “in” the business. Working “on” the business is growth, strategies, working on your mission, carrying out your purpose of the company, community development, connections, etcetera, etcetera.
If you’re a small business owner stuck working “in” the business, and, you'd love to work “on” the business, let's have coffee and chat. And if you'd like more personal development skills and more business coaching skills, sign up for more Morrison Minute. I'd love to see you again!