It's about what you do every day, that will be the difference between business success and business failure.  Be passionate and persistant each day.

In this week's Monday's Messenger, I talk with you about the importance of showing up each day and being persistant.

Click here to listen to today's Monday Messenger.

Feel free to leave your thoughts and comments below.

Yours in success

Deb

A few weeks ago, when I asked you if we could have a private conversation - 'What two questions would you ask me?', many came back with the theme being around mindset, belief and confidence, and how can you think differently to have greater success within your business. 

I was reminded of an article I had written last year after sitting in on a Mastermind Call with Rich Schefren of Strategic Profits, who is very highly respected in his work with entrepreneurs in the area of The Theory of Constraints. 

And wanted to share with you the following quote that I read within one of his report:

“The potential growth and profitability of my business depends on what I put into it.  The actual growth and profitability of my enterprise will be determined by the things that limit or cancel my return on that investment.  Only when I eliminate my constraints – the things that block my path – will my actual success rise to the level of my potential success.”   Rich Schefren

He then goes on to discuss three types of constraints that you can have in your business. The first being Rational Constraints, the second is Procedural Constraints and the third is Self-Imposed Constraints. It is this third constraint that I want to touch on in this article.

Self-Imposed Constraints – necessary conditions and rules that exist only in your mind!

What are the conditions and rules that you have placed on yourself, and how do these conditions and rules stop you from reaching your full potential?

We all have our stories, some of them are there to support us, some are there to protect us, and yes, some are there to hinder us. Is there a story that you are currently telling yourself that is in fact preventing you from moving forward? That is stopping you from being that one barrier away from success?

What is your story? Take a moment to write down the stories you keep telling yourself that are limiting you from reaching your full business potential. Once you have written them down, notice how you feel and ask yourself the following questions: “Does this story serve me well?” What is the purpose of this story for me?” For example: If I don’t change my story, I can’t fail. Nothing ventured, nothing lost.

Then decide which stories you don’t need anymore. Writing them down is one thing, getting rid of them is quite another. Deciding which stories no longer fit you can be as difficult as trying to cull your wardrobe! You know you should get rid of some of your things, especially that white double-breasted jacket with big shoulder pads that keeps staring back at you when you open your wardrobe each morning. It’s the same with your story: you keep it when you don’t need it any more. Some stories may have been with you for years. Despite the fact that they may be holding you back, you find them comfortable and familiar and you insist on continually telling them. Although, it is worth acknowledging that your stories sometimes hold you back as a form of protection, they may be there to stop you from failing, from making sure you don’t overload yourself or from gaining true success. However, if you want true success then you need to change your story.

Make room for a new story - one that will support exactly what it is you want in your business and in your life. Just as deciding to get rid of your old stories can be like culling your wardrobe, taking on a fresh story can be like restocking your wardrobe with exciting new clothes. So take a moment now and write your new story. Write it as if you are living it now. Once you are clear on your new story, start to tell yourself this story everyday. How does this new story feel? Does it serve you better?

Remember, that we are really only limited by our own thoughts.  The greatest battle we often have is the batte between our ears!

Let's continue the conversation on our blog or our facebook page, and please share with us your thoughts around your very own Self-Imposed Constraints!

Be a leader, not a business owner!

Leadership I believe is one of the critical links to business success, yet often as small business owners we can struggle to see ourselves as a leader. We see ourselves as a business owner, as a doer in our business, as a motivator of staff (if we have any). It is something that needs to be focused on.

Leadership is about developing a vision, about developing your personal vision of success for you both professionally and personally.

I want to share with you four questions that I have used frequently over the past 10 years with my clients. These are very simple questions that I heard from a keynote speaker at a conference I attended years ago. These questions will help you to build your personal framework around being a leader.

1 . How do you see yourself as a leader?

Ask yourself: What is your leadership point of view?
How would you describe your leadership style?
What matters to you in terms of your leadership?
Do you see yourself as a leader?

2. How do others see you?

Ask yourself: Do you know?
Do you care?
Are you right? (i.e. is your information accurate?)
How do you assess this every day of the week?

Note: Some of the best leaders are extremely conscious of how people see them. They ask for feedback frequently and evaluate it. They think about it daily and ask themselves:
“Is what I mean being perceived the way I intended”? “ If not, how do I need to change my message?”

3. How do you want to be seen?

This involves needs and values. If we don’t know the needs and values we are driven by, they can wreak havoc in our environment. The best leaders are in pursuit of respect first and popularity second.

4. How must and should you be seen to be effective?

If you don’t know this, then working with a mentor can help you look at the gaps and help you to see what you need to do tomorrow to be seen as more effective.

Once you've answered the questions above, and if you're ready for it, I'd like to share with you an exercise that I do each year around December time. 

It's an exercise that one of my Lecturer's recommended we do, when I was studying for my Masters Degree, and it's again a tool that has always stuck with me.

It's interesting because it's an exercise I would always use with my corporate clients, and these where in some cases jaded Senior Executives and CEO's who didn't feel as if they had much control over their lives.  At times they would resist this exercise, but the ones who took the time out and completed it, always feed back how profound they found it.

When I moved my focus back to small business owners for some reason I stopped asking my clients to look at this exercise.  I'm not sure why?  But after my recent realisation that I had stopped leading my business, I looked at my current letter to the future, and it helped me regain my balance, and now I would like you to try it out...

Here's how it works:

Writing Your Letter To The Future

Find a quiet space to begin, and have your journal (or a piece of paper) in hand.  

• Write the date that is into the future.  I normally do 31st December, speaking about what has happened in the year.
• Write a salutation (greeting) to yourself.
• Start of with your first paragraph explaining the reason you are writing the letter to yourself.
• Then go into what has happened for you in the past twelve months - be specific!  For each part of your life, create a new paragraph.  The more specific you are, the more real it is.  Take time to develop this letter.  Once you feel that your letter is complete...
• Sign off on your letter.

Place your letter in a safe place, ready to be read at that time in the future.

As always, please feel free to share with me your experience in writing your letter to the future.

Want to use this Article?

I would be honoured if you did, just be sure to use it in full and include the following information:

Deb Pilgrim helps you start, grow and lead your business, so that you can create the life you want. When you work with Deb, you get the results you always knew you could!  To find out more about how you can work with Deb visit her website, and whilst you are there download her latest report that will show you how to be one of the Top 5% of Entrepreneurs who succeed.

There’s no beating around the bush here today, as I want to share three things you really will want to STOP doing, so that your business can move to the next level.

1. STOP doing everything yourself, and being a lone ranger.
2. STOP doing the things that don’t generate you an income.
3. STOP thinking that because you are brilliant at what you do, your business will be successful!

All too often we hear from business owners, whose lives and businesses are coming apart at the seams, because they don’t use the concepts mentioned above.  I know that this may seem to be a chicken and egg situation, i.e. you can’t bring in another person to take away some of your non-essential work, because you need to make more money to be able to do this and vice versa. 

But let’s take a positive approach.  Rather than focus on the areas that you need to STOP doing, why don’t we have a look at what you can START doing.

Secret #1. Surround yourself with successful, positive, honest, can-do individuals.

As Mark Twain said:

“Keep away from people who try to belittle your ambitions. Small people always do that. The really great make you feel that you too can become great.”

Now let’s be honest here, this is NOT a new concept and every successful person I have spoken with or read about always speaks about the individuals who have had a positive impact on their businesses and lives.  Whether it’s family, friends, colleagues or mentors, being surrounded by happy, positive people has a lot going for it! 

As entrepreneurs our days can be pretty solitary, heads are down creating products, delivering services and results, and you are working in your business rather than on it.  Not having the chance to brainstorm ideas with other people, or having someone to work through a particular issue or challenge, can be soul destroying at times.  This is where a community is so important, not only for your sanity, but also for your growth and development.

The use of collective wisdom is so important, and it works!  During our group ‘Get More Clients’ call, I opened the call up for clients to ask the group any questions they have about their business.  What I loved about this process, after one particular client spoke about a challenge she was facing, was the range of possible solutions that came forward from those on the call.  As we wrapped up this part of the call, this client was thrilled as she now had a number of different strategies she could look at putting in place that she hadn’t thought of before.  It was great to hear the excitement in her voice.

Who is in your community?  Do you have a group of individuals you meet with regularly for support and encouragement, or do you work with a mentor?  You all know that I am passionate about having mentors as part of your business building strategy, and for me personally, the impact that my mentors have in my business is immeasurable in terms of growth and development.  Next week I’m heading off next week to spend a day with my mentor and mastermind group in Chicago, and can’t wait to spend this time strategising and planning the next stages of my business.  This type of investment, is invaluable to the growth of my business, and will flow on to my clients.  I can’t wait to share with you the gems I learn.  

Secret #2. Identify the profit making areas of your business and focus on these.

Often we spend more time working in our business rather than on it. With this step, it is time for you to step back and look at your business as a whole. This is most important when you find yourself stuck at a certain level of revenue and things don’t seem to being moving forward.

Be honest with yourself, have you become the speed bump in your business? When this happens it is time to start thinking, “Am I the person that really needs to XYZ?” [xyz being the many things you spend your time on each day that aren’t making profit].

For example, working recently with one of my 1:1 mentor clients, we spent the day  going through her business; pulling it apart and re-grouping all of her ideas and products. As we were putting together her new plan, she suddenly felt overwhelmed by all the potential projects and products she could develop. It wasn’t until I asked: “Who on your team can you delegate some of the non-profit making activities too?” that she got her ‘ahh’ moment.  She realised that by stepping aside, letting go of the need to control everything, and delegating some activities, she could focus on her passion and really move her business to the next level.

3. Remember, You are in the business of MARKETING!

Controversial I know, but if there is one thing that will make a difference to your bottom line it is when you realise that your business is that of MARKETING! I have worked with some amazingly talented, educated, and brilliant people over the years, who have fabulous reputations yet only mediocre businesses. I have worked with and  watched other individuals who are good in everything they do and their businesses keep growing. What stands out is those in the second group GET that they are in the business of marketing, and they know that by focusing on their message and marketing to their target audience, they will achieve their sales. However, the first group often get stuck with working in their businesses that they don’t appreciate the importance of MARKETING until it is too late.

So what group are you in?  Take a moment to share with us your thoughts...

Who’s Wayne Bennett?  Okay, so stay with me here as I give a little background for all of you who may not be aware of our National Rugby League (football), here in Australia.  Wayne Bennett is the current rubgy league coach of the St George Dragons.  He has set coaching records for the most grand final wins, and has been coaching professionally since 1988.  This year he is off contract with the Dragons, and there has been a frenzy amongst clubs to secure his services.

Why bring up a football coach and business?

It began when reading an article about Wayne Bennett last week, you see, he seems to have this unwavering commitment from his players to be the best they can be.  And it had me wondering what we could learn from his style…

1.  He believes in himself; and you need to believe in your abilities and yourself when in business.  One of your most valuable assets is your mind and what you think.

As we know, being a business owner can at times be solitary work.  You’re in your office working on creating a new product, writing an article or finishing off some client work, when the self-doubt begins.  It draws you away from your current activity and threatens to derail you. 

Yet, when you come from a position of strength, and that strength being the belief in your abilities, then any negative enhancing thoughts (NETs) or self-doubt is removed fairly quickly. 

You are on purpose with the goals you have set and know what needs to be done to achieve them – this is why having belief in yourself is so important to you as a business owner.

Each day is about being the best you can be in that very moment.

As Steve Waugh (Past Australian cricket captain) said:  “If you want to be mentally tough, do as Wayne Bennett says: follow your beliefs and don't give in to yourself.”

2.  He believes in his players; and you need to believe in your products and services.  Because if you don’t, then how can you expect your clients to believe in them? 

Imagine walking into a sales meeting with a potential client, and ‘sorta’ mentioning that you think your current product could provide a solution to their challenges.  You may get the sale, but my bet is that you probably won’t!

If you don’t come from that place of pure conviction that your product is the best fit for their current challenge, then the person sitting opposite you definitely won’t see you as their solution provider. 

You’ve got the results and you know what solutions you provide – your role is to communicate this effectively to your ideal clients, so that they know you are the person to call when they need your service. 

3.  He keeps the process of playing football simple, and he gets out of the way. 

Don’t look for complicated business models to grow your business – look for practical, simple models that you can implement effectively and derive results from. 

Too often, we see business owners looking at trying to overcomplicate your processes, when in fact if you followed the KISS principle you would have much greater success.  By keeping it simple, you are more likely to take action because you know that step by step the results will occur. 

When you overcomplicate the process, in most cases, you stop yourself from achieving because it becomes too hard.

If you look at the St George Dragons – they play a pretty boring game of football, because their coach, Wayne Bennett has kept the plays simple.  Last year, in his first year as their coach, he led them to win the Grand Finals.  His process is a simple step by step system – don’t overcomplicate the play, and each player knows exactly what they’re required to do.  They need to turn up each weekend and be the best they can on that day. Simple!

So if you feel you are constantly pushing uphill, stop and add the Wayne Bennett factor to your business.  Believe in yourself; believe in your products and services, and go back to the KISS business model. 

But most importantly take action to implement your ideas…

This week I was reminded about how important it is for us to really focus on and believe in the H.C.I.S.Y Business Model. The How Can I Serve You business model has slowly been coming to the surface now for the past few years – finally!  It may be the model you already follow or it may be the model that you are moving into.  Which ever it is – Welcome!

It hasn’t always been this way, and I remember when first starting out in business nearly twenty years ago, how an ‘expert’ made me feel wrong for wanting to focus on my clients success, rather than the money I could make. 

In this particular business training course, we were asked the reason why we were in business.  Most answered that they wanted to make money, whilst there were a few of us who actually spoke about our passion for being in business and the difference we felt we could make.