Top Business Owner Mistakes With Serious Consequences and How to Avoid Them!
Running and operating a business comes with its fair share of ups and downs. Owners today have so much on their plates that it’s not uncommon for mistakes to happen. Much of the mistakes we make in business are minor and have relatively limited consequences. Every now and then, however, we make some serious mistakes that have lasting and severe consequences. These are the mistakes that we need to be laser-focused on avoiding to the best of our abilities. Get this right, avoid these mistakes, and you’re likely looking at significantly accelerated growth, sales, and profits in a business. You’ll likely enjoy the work you do a whole lot more too! Decision Making Fatigue One after another, they don’t stop. As owners, regardless of the size of our business, we need to make a series of decisions every day that can have unimaginable consequences (good and bad!) for our businesses. Whether it’s early on in a small business or in the more mature stages of business with complex issues and multiple employees, our decisions have an impact on the business and the people around us! It should come as no surprise then that one of the biggest hurdles owners need to overcome is the fatigue that comes with decision-making. Decision-making fatigue is a deterioration of the quality of decisions we make. As we make more and more decisions and the stress and mental effort that comes with those decisions it’s common for the quality of our decisions to actually suffer. In other words, we’ll make better decisions when we aren’t tired, stressed, and worn out. There was a study done on parole hearings for inmates. The study looked at the decision-making of the judge on how statistically likely they were to release the prisoners at different times of the day. It was found that first thing in the morning and then shortly after a recess for lunch or a snack were the best times of day to be up for a parole hearing and the most likely times of day that the inmates would be granted parole. There was more than a 6x likelihood of release early in the morning rather than later in the day. It’s fairly clear that the decision-making process by the judges was influenced by the stress and effort of ongoing decision-making. This was corrected with proper rest and nutrition but shortly afterwards the inevitable load from the day again began to influence the decision-making of judges. Sources: https://www.theguardian.com/law/2011/apr/11/judges-lenient-break Imagine for a moment your decision-making determined the quality of life of someone in front of you. You’d likely want to make the best decision possible. As business owners, whether we recognize it consciously or not, many of our decisions will have an oversized impact on the people around us including our employees, partners, and even our own families. Unfortunately, decision-making fatigue is a very real and very common mistake owners make regularly. In today’s culture, especially in the United States, overwork is not merely accepted, it’s lauded. Yet overwork is nearly a guaranteed recipe for compromised decision-making. On the bright side, there are a number of ways we can self-correct for decision-making fatigue that are easy to implement and execute on. Here are a few suggestions you can likely implement today. Take Breaks This should be obvious but it’s worth repeating. If you want to save an enormous amount of time, stress and money, take more small breaks more frequently. Healthy Habits Nourish yourself with healthy foods, enough sleep, exercise and methods to reduce stress. Decision making fatigue is at least partially caused by all of the above factors. By controlling what you can you’ll reduce the impact of poor decisions. Prioritize & Limit It seems like common sense but if continuously being put in a position to make decisions increases decision making fatigue, then we should be prioritizing what decisions are actually important to make and limiting our decisions to those. This should help reduce paralysis by analysis, overthinking and ruminating. It’s very hard to give up control and yet stepping back from too many decisions is an absolute game changer for a business owner. Develop Routines The great thing about routines is they put our brains on autopilot. The less we need to think about something the less willpower it takes. Willpower is a finite resource and when our willpower muscle gets tired our form will struggle. Not into the muscle analogy? The more routine you can develop around recurring decisions the less tired you’ll get and the better decisions you’ll make when it really matters. Dependency and Bottlenecks One of the biggest challenges to accelerated growth and ultimately selling a business for maximum value is owner dependency. We all want to be needed. It’s a natural part of being human. We want to be a part of a community and when we are the literal parent of something whether it’s children or a business it’s very difficult to let go and give up control. When we run our business out of this context it creates a fragile situation in which the business is dependent on the owner for critical operations and decision making. For a business to be run effectively it must be able to survive independent of the owner’s direct involvement. When a business needs to run through the owner it creates bottlenecks to accelerated growth. These bottlenecks might show up in many different ways but they almost always hamper the bottom line and they will certainly reduce and seriously discount the valuation of a business. It’s common for the bottlenecks to show up through roles, responsibilities and especially employees. As a small business owner the business may still be highly dependent on you for certain things such as business development, financial management and customer relationships among others. Now picture this…your business is functioning smoothly and suddenly you’re dealt a blow with a major health issue of your own or someone you are close to. You are pulled away from the
Blindspots common to business owners and how to spot them
Blindspots and lack of self-awareness are real issues business owners (and everyone else too) face today. Self-awareness is a not a skill we’re deliberately taught and just because we might consider ourselves introspective, doesn’t mean that we’re actually any good at introspection! Thus, when it comes to our blindspots just trying to be more self-reflecting doesn’t necessarily mean we’ll correctly identify our own blindspots or help improve our self-awareness. In this blog we’ll discuss the blindspots most common to business owners and give you ideas on how you can spot them. Were you aware that we had this free resource? We put together a FREE guide identifying the Top 6 reasons businesses fail and give you actionable steps you can take on every one of these to make sure it’s your competition failing and not you! It’s our free gift to you. Access it here! Drum roll please, a list of common blindspots business owners have… Emotional Attachment Emotional attachment is a common blindspot we deal with as business owners. Whether it’s becoming attached to a specific project or an idea, emotional attachment can lead to going down the wrong path or refusing to acknowledge market realities. It’s an easy way for our judgement to be clouded and can be difficult to deal with if we are even able to identify it. Action Bias If we wanted to distill down how people behave we could make the argument that some people have an action default and some people have an inaction default. Yet, it’s likely that many owners have a default towards action. It’s awfully difficult to get a business up and running without having a lean into taking action. Action bias is a blindspot that is common in owners because of this. Action bias means owners will often take action before carefully considering all options – after all, any movement in a direction is better than no movement at all, right? Well, maybe, maybe not. When action bias becomes an issue it can show up in the form of impulsiveness, rash decisions or emotional decisions all of which can cause or contribute to serious business problems. Unfortunately, many owners are unaware of this blindspot and consistently react instead of being more deliberate and responsive. Work-Life Imbalance Business owners commonly struggle with work-life imbalance and yet many times they are unaware of it as a problem. Imbalance can show up in relationships, in our physical, mental and spiritual health and it can show up in the health of our business as well. We don’t believe balance needs to be 50/50 and balance for you may mean something different than balance for me. It’s equally important to understand what balance works for you and when to identify when you’re out of balance. While there are many other common blindspots owners struggle with, you should be able to get a sense of these blindspots and maybe even identify when you have fallen victim to one or more of these. Ultimately, the onus is on us as owners to be able to develop better self-awareness and gird ourselves against the dangers of blindspots. How do we do it then? We suggest not trying to do it on your own. There are many instances where working on our own and independently can lead to amazing results, typically, this is not one of those instances. Self-reflection is incredibly difficult to do on our own and we’re just as likely to exacerbate the problem as we are to mitigate it. For addressing blindspots we strongly recommend working with others and here are our top choices. Feedback Team: Getting honest and transparent feedback is difficult. Those closest to us will always deal with their own biases and those too far removed from us can’t offer truly insightful feedback. Building a team of objectively honest peers or colleagues that can offer feedback is one highly effective way to combat blindspots. Owner Advisory Boards: Blindspots can show up in many different ways, one of the most effective ways to disrupt blindspots is to gain a number of different perspectives. This can help illuminate the unknown and bring more self-awareness to us. If you’re looking for a group of peers to help you with your blindspots we encourage you to check out IVOLVE + THRIVE. We have new boards launching in January of 2024! Find out more information about our Owner Advisory Boards here. owner advisory boards IVOLVE + THRIVE CLARITY + WORTH + FREEDOM Learn more How do you deal with blindspots? Let us know your thoughts, you can email us at info@jbandthedoctor.com! Did you know we work with professionals and leaders with 2 on 1 coaching that marries the expertise of a Doctor of Psychology and mindset coach with the business savvy of a former Fortune 50 sales executive. We specialize in helping entrepreneurs and professionals like you master your soft skills to evolve you to your greatest potential. To learn more about our coaching you can contact us here! Feel like you need coaching but not sure you can afford the investment in yourself? That’s ok! We have a scholarship available to diverse candidates of need. You can apply for our scholarship for our coaching and our courses here. Not enough time in the day, we get it. Check out our AYOP course, 2x Your Time, right here. We walk through everything from time management and calendar basics to how you can supercharge your days weeks and months through practices and techniques that are grounded in experience and proven by science.
Eliminate overwork by setting boundaries
Overwork is pervasive and often ignored for the sake of achieving our business goals as owners. It’s incumbent upon us to recognize overwork and minimize it. If we fail to, we and our business can suffer devastating consequences. Too often we have seen examples of owners and professionals working themselves into poor health and ultimately causing more problems than if they had simply managed to overwork better. In this blog article we’ll discuss how we can use boundary setting to help eliminate overwork and some of its nasty consequences. Will overwork get to you? We put together a FREE guide identifying the Top 6 reasons businesses fail and give you actionable steps you can take on every one of these to make sure it’s your competition failing and not you! It’s our free gift to you. Access it here! Let’s begin by taking a closer look at boundary setting. The importance of boundaries When you read or hear the term boundaries you may default to thinking about boundaries in a certain way. Yet there are a number of different types of boundaries to enforce in the workplace. These could be physical, emotional or even time-based. In all likelihood, we should have clear boundaries set for each of these subsets, especially as owners. If we fail to establish clear boundaries it’s almost certain to lead to overwork among other consequences. As with everything, excellence in business commonly falls into the realm of communication. To establish these boundaries we need to communicate their importance and where they fall. Doing any less it’s tantamount to accepting the result of overwork as an owner. Likewise, by setting boundaries we can insulate ourselves from potential issues with our employees, our clients and even our personal relationships that can also be impacted. Clear boundaries also help develop and maintain trust as they provide a consistency we can come to expect and need to exemplify as leaders and owners. Practical ways to implement boundaries Implementing boundaries must begin with self-awareness. Specifically, when addressing overwork it’s critical to identify what boundaries you need to establish in order to protect against overwork. Are those boundaries emotional? Do they come in the form of time-sucks? Identifying what boundaries need to be set to protect against burnout and overwork are really recognizing signs of our own personal limitations and making sure that we respect those ourselves, first. Once we identify our personal limitations, communicating these boundaries becomes essential. We recommend having open and honest conversations with constituents, up-front, about boundaries. Let people know not just what the boundaries are, but why you’re implementing them and what the consequences of breaking those boundaries are. The last step to implementation is enforcement. Often, this comes down to us enforcing our boundaries on ourselves and not on others. Most of the time it’s more difficult to enforce on ourselves than others anyways and respecting our limitations is a sign of maturity that ownership mandates. Make sure to hold your boundaries as important as you would hold another person’s boundaries and you’ll be starting in a good spot! When you fail It’s a given that there will be instances you fail to uphold your boundaries. Whether it’s a self-created failure, a violation of a boundary from another or a change in what boundaries are in place – this will happen from time to time. A couple of keys to remember here. Do not feel shame or guilt at establishing and enforcing boundaries. Boundaries are essential to protect against overwork and a slew of serious consequences that can and will derail your life and business. If you’re feeling shame or concern by establishing boundaries, remind yourself of why you needed to in the first place! When others violate your boundaries you can reaffirm them positively without creating more conflict. Reiterate the importance of the boundaries to them and communicate the need for boundaries. Remember as well that your boundaries can and should change. We are not static nor should our boundaries be. As our business matures and we develop its common to see a change in what boundaries we need and want to implement. Consider the boundaries that you set on a semi-regular basis to protect yourself from setting boundaries that are no longer necessary or beneficial to you or your business. If you’re looking for more help with boundaries consider our IVOLVE + THRIVE owner advisory boards. For mature business owners, these boards are constructed to address isolation, overwork, and blindspots so owners can lead with exceptional clarity, worth, and freedom. You can learn more about IVOLVE + THRIVE here. Owner Advisory BoardsOur powerful and exclusive Owner Advisory Boards, unprecedented access to world-class coaching, and data-driven strategy sessions offer a transformative journey for today’s leaders. Greater Clarity. Amplified Worth.Unmatched Freedom. Previous slide Next slide IVOLVE + THRIVE CONNECT NOW How do you set boundaries? Let us know your thoughts, you can email us at info@jbandthedoctor.com! Did you know we work with professionals and leaders with 2 on 1 coaching that marries the expertise of a Doctor of Psychology and mindset coach with the business savvy of a former Fortune 50 sales executive. We specialize in helping entrepreneurs and professionals like you master your soft skills to evolve you to your greatest potential. To learn more about our coaching you can contact us here! Feel like you need coaching but not sure you can afford the investment in yourself? That’s ok! We have a scholarship available to diverse candidates of need. You can apply for our scholarship for our coaching and our courses here. Not enough time in the day, we get it. Check out our AYOP course, 2x Your Time, right here. We walk through everything from time management and calendar basics to how you can supercharge your days weeks and months through practices and techniques that are grounded in experience and proven by science.
Signs that isolation is impacting your business
Isolation for business owners means constantly carrying the weight of making the most important decisions for your business. It means decision making without outside perspective and input and it means often dealing with feelings of loneliness. Isolation can have serious consequences on business owners and is an important challenge many owners need to overcome. Here are some signs that you may be dealing with the impact of isolation on your business. Concerned about your business? We put together a FREE guide identifying the Top 6 reasons businesses fail and give you actionable steps you can take on every one of these to make sure it’s your competition failing and not you! It’s our free gift to you. Access it here! Isolation: the most common signs One of the most common signs of isolation will be difficulty in decision making. Knowing that the decisions we make as owners can have enormous consequences on our businesses, our lives and our employees makes many decisions feel critical. If you begin to struggle with making decisions you may be feeling the impact of isolation. Overthinking and ruminating are two clear indications that you may be dealing with isolation. Another common sign of isolation is burnout and emotional exhaustion. Chances are you started your business with some level of excitement and engagement. If you feel like that has eroded or disappeared entirely it may be due to emotional exhaustion. When we don’t feel we have a support system and are constantly dealing with stress and pressure we can see a serious drop in enthusiasm for our business. Feeling emotionally drained where you used to be excited is a symptom of emotional exhaustion. The last sign of isolation to keep an eye out for is increased stress and anxiety. Although this can be difficult to identify and may be symptoms of many different challenges it’s important to stay self-aware as business owners. Chronic stress and anxiety are signs that isolation may be wreaking havoc on your business and elevating the challenges of an already difficult situation. If isolation is a challenge you’re dealing with today check out our owner advisory boards! You can learn more here! owner advisory boards IVOLVE + THRIVE CLARITY + WORTH + FREEDOM Learn more How do you deal with isolation? Let us know your thoughts, you can email us at info@jbandthedoctor.com! Did you know we work with professionals and leaders with 2 on 1 coaching that marries the expertise of a Doctor of Psychology and mindset coach with the business savvy of a former Fortune 50 sales executive. We specialize in helping entrepreneurs and professionals like you master your soft skills to evolve you to your greatest potential. To learn more about our coaching you can contact us here! Feel like you need coaching but not sure you can afford the investment in yourself? That’s ok! We have a scholarship available to diverse candidates of need. You can apply for our scholarship for our coaching and our courses here. Not enough time in the day, we get it. Check out our AYOP course, 2x Your Time, right here. We walk through everything from time management and calendar basics to how you can supercharge your days weeks and months through practices and techniques that are grounded in experience and proven by science.
Managing your emotions during the final push
With the 4th quarter comes a bevy of emotional changes that we are, for the most part, incapable of avoiding. Between holidays, weather and time changes and the final push in business through the end of the year we are confronted with a confluence of potential emotional disruptors. For our businesses sake and our sanity it’s critical to manage our emotions during the final push. Pushing through the end of the year hard? We put together a FREE guide identifying the Top 6 reasons businesses fail and give you actionable steps you can take on every one of these to make sure it’s your competition failing and not you! It’s our free gift to you. Access it here! Let’s take a look at what we need to be aware of to better manage our emotions during the final push of the year. ‘Time’s, they are a changing’ Discount Seasonal Affective Disorder (SAD) at your own risk. Between the time change, a shift in sunlight and potentially significant shifts in weather, many people are impacted by one or all 3 of these changes that tend to hit all about the same time at the start of Q4. Keep an eye on a shift in your emotions – if you begin to notice something you may be due for an increase in your vitamin uptake, AKA vitamin D and shifting your sleep routine to better match your circadian rhythm. Celebrate Your Wins It’s easy to get so focused on the end goal that it’s common to overlook our wins during Q4. It’s not just about the result at the end of the quarter but how you’re celebrating the little wins between now and then that will have the biggest impact on your emotions. With the stress of the final push at hand along with the holidays, take every advantage to celebrate the small victories during the journey. This is an especially important time to make sure you’re breaking down your goals into very small achievable victories. Boundary Up The last thing you’ll want during Q4 is minor distractions and headaches becoming major distractions and headaches. Putting some clear boundaries up and sticking with them is crucial during this time of year. Boundaries can be at work, at home, in between, with co-workers, colleagues, family and friends. Recognize what you need and what can hurt you up front and manage it. It’s one of the best ways to manage your emotions during the final push. How do you manage your emotions during the final push? Let us know your thoughts, you can email us at info@jbandthedoctor.com! Did you know we work with professionals and leaders with 2 on 1 coaching that marries the expertise of a Doctor of Psychology and mindset coach with the business savvy of a former Fortune 50 sales executive. We specialize in helping entrepreneurs and professionals like you master your soft skills to evolve you to your greatest potential. To learn more about our coaching you can contact us here! Feel like you need coaching but not sure you can afford the investment in yourself? That’s ok! We have a scholarship available to diverse candidates of need. You can apply for our scholarship for our coaching and our courses here. Not enough time in the day, we get it. Check out our AYOP course, 2x Your Time, right here. We walk through everything from time management and calendar basics to how you can supercharge your days weeks and months through practices and techniques that are grounded in experience and proven by science.
How to quickly ID distractions
It’s understandable to get distracted. Most distractions either come in the form of something incredibly urgent or in the shape of an amazing opportunity. So why wouldn’t we be drawn to something that is screaming danger or tantalizing us with its value. Yet, as is often the case, when we lose focus of our priorities it ends up causing more problems than it solves for and it’s why it’s so important to be able to quickly ID when something is a distraction. Concerned about other aspects of your business? We put together a FREE guide identifying the Top 6 reasons businesses fail and give you actionable steps you can take on every one of these to make sure it’s your competition failing and not you! It’s our free gift to you. Access it here! Let’s take a closer look at how we can quickly identify distractions so we more effectively manage them. Is it relevant? If the task isn’t directly helping you to accomplish your goals, why are you doing it? Unless you are seriously considering shifting what your goals and focus is, if the task doesn’t support the end goals in mind it may just be a distraction. How does it impact the rest of your schedule? Is this pulling me away from my planned time and day? If so, consider carefully the greater impact of the task you’re considering. Is it worth the time, energy and effort or should you stick to what you had on your agenda before it popped up. Why this task? We’re amazingly good at finding reasons not to do the things we don’t like doing. Anytime something comes up, do a gut check and ask yourself if you’re considering this as a time spend because it’s a priority or simply because it may be more enjoyable than the work you should be doing and need to be doing. It’s not always easy to identify distractions but if it passes the gut check, furthers your bigger objectives and goals and is more valuable time spent versus what you originally had scheduled than safe to say it isn’t a distraction. However, if you’re failing one or more of the above identifiers you may want to wait on the activity to see if it really is something you should be doing. How do you identify distractions? Let us know at info@jbandthedoctor.com Did you know we work with professionals and leaders with 2 on 1 coaching that marries the expertise of a Doctor of Psychology and mindset coach with the business savvy of a former Fortune 50 sales executive. We specialize in helping entrepreneurs and professionals like you master your soft skills to evolve you to your greatest potential. To learn more about our coaching you can contact us here! Feel like you need coaching but not sure you can afford the investment in yourself? That’s ok! We have a scholarship available to diverse candidates of need. You can apply for our scholarship for our coaching and our courses here. Not enough time in the day, we get it. Check out our AYOP course, 2x Your Time, right here. We walk through everything from time management and calendar basics to how you can supercharge your days weeks and months through practices and techniques that are grounded in experience and proven by science.
3 Reasons to join an Owner Advisory Board
Owners face a myriad of challenges in business today with some common challenges that impact nearly every business owner. In particular there are 3 challenges nearly every business owner faces during their business journey and the way a business owner faces these challenges has serious implications for the future viability of their business. In this blog we’ll take a look at these 3 challenges and the reasons an owner would want to join an owner advisory board to mitigate or eliminate the risk from these challenges. Are you concerned about your business? We put together a FREE guide identifying the Top 6 reasons businesses fail and give you actionable steps you can take on every one of these to make sure it’s your competition failing and not you! It’s our free gift to you. Access it here! Let’s take a look at the first major challenge many business owners face. ⅔ of Owners cite ISOLATION as a challenge Many business owners feel that they are on an island and don’t have anyone they can turn to for advice. Spouses and partners? Don’t generally understand the business. Financial advisors, accountants and attorneys? Sure they are in touch 1-2x a year but aren’t intimately familiar with the management of the company. Who else do business owners have? Generally speaking, most business owners will make decisions on their own without the support and perspective of outside, objective advice givers. With that decision making comes serious stress and anxiety. Owner advisory boards can eliminate isolation by giving owners a forum to open up about their business with trusted advisors that do develop an intimate understanding of the business. This can not only improve decision making, it can also reduce stress levels and increase overall well being for the business owner. 50% of Owners experience OVERLOAD If you’re like half the business owners out there today, you may feel like you’re being pulled in a hundred directions at once, while juggling and maybe even spinning some plates for good measure. Overload is especially true in today’s ultra competitive environment and is exacerbated when we have struggles with employee retention and company culture. Overload leads to burnout, mistakes and it’s own set of health issues for owners. Owner advisory boards provide unique perspectives from owners that are in or have conquered similar challenges. Learning from the mistakes they made and gaining insight from other owner’s wisdom can help reduce the amount of overload you feel as a business owner today. There’s an added benefit too. Owner advisory boards that are well designed provide exceptional clarity around mid and long term business intention reducing the amount of time spent on items that do not drive the greater vision of the business. We don’t know what we don’t know Any honest business owner will admit they were hit by a curve ball or two since they started their business. For many owners, there’s a lot more than one or two of these while a business is in operation. The savviest business owners are aware that the scariest parts of business is what they don’t know they don’t know. Balancing business with the rest of our lives can feel like walking a tightrope at times. Having something completely unexpected hit you while you’re on a tightrope is the worst possible thing that can happen. Owner advisory boards offer a way for other business owners to share perspective that can illuminate and open our eyes to some of what we didn’t know we didn’t know! While business owners face a number of challenges that extend well beyond the 3 mentioned here, each of these challenges offers an incredible opportunity for owners to stand up and overcome. Utilization of a board of advisors is like having an expert set of trainers preparing you to address these challenges head on. If you’re looking for reasons to join a board look no further than this: improved decision making, reduced overload and elimination of blindspots with a bonus heaping of an overall better mental and physical wellbeing! How do you address these challenges? Let us know your thoughts, you can email us at info@jbandthedoctor.com! Did you know we work with professionals and leaders with 2 on 1 coaching that marries the expertise of a Doctor of Psychology and mindset coach with the business savvy of a former Fortune 50 sales executive. We specialize in helping entrepreneurs and professionals like you master your soft skills to evolve you to your greatest potential. To learn more about our coaching you can contact us here! Feel like you need coaching but not sure you can afford the investment in yourself? That’s ok! We have a scholarship available to diverse candidates of need. You can apply for our scholarship for our coaching and our courses here. Not enough time in the day, we get it. Check out our AYOP course, 2x Your Time, right here. We walk through everything from time management and calendar basics to how you can supercharge your days weeks and months through practices and techniques that are grounded in experience and proven by science.
3 challenges that make business owners feel like they have ADHD
Nearly 5% of children and adults struggle with ADHD. While nobody knows the cause of ADHD the symptoms can range from being unable to concentrate on tasks to hasty decision making and numerous others. ADHD is a serious mental health issue that we are in no way minimizing. Our goal is to compare how business owners may struggle with similar challenges that are commonly experienced by individuals with ADHD and to draw attention to the complex mental wellness challenges that individuals and owners face. Do you struggle at times in your business? We put together a FREE guide identifying the Top 6 reasons businesses fail and give you actionable steps you can take on every one of these to make sure it’s your competition failing and not you! It’s our gift to you and you can access it right here. Access it here! Trouble Focusing Many business owners struggle to focus on the most important priorities in their business. Business owners with busy schedules and multiple projects may find themselves flipping between activities and projects frequently without often stopping to consider the importance and urgency of each task and project. When struggling with focus it’s important to carve out time to properly plan and prioritize. Find a quiet place to review all of the moving pieces. If you struggle to do this on your own it can be helpful to bring on an outside coach or consultant to help with the work. Impulsivity Impulse control can be something that many individuals struggle with and business owners are no different. Whether it’s hiring, investing resources, or launching new products it’s easy to ‘chase the squirrel’ AKA fall victim to distractions from your primary goals. To minimize impulsivity in business it may make sense to have a detailed business plan to fall back on or a board of advisors to help you identify when you are straying from your original intentions. Organization Staying organized, remembering appointments and deadlines, keeping neat workspaces free of clutter can be a serious struggle for owners. We strongly recommend outsourcing, delegating and automating whenever possible to minimize the impact of struggling with organization. By implementing all 3 of these concepts into your business you can reduce some of the overload that business owners commonly experience and help remain better organized. How do you deal with some of these symptoms? Let us know your thoughts, you can email us at info@jbandthedoctor.com! Did you know we work with professionals and leaders with 2 on 1 coaching that marries the expertise of a Doctor of Psychology and mindset coach with the business savvy of a former Fortune 50 sales executive. We specialize in helping entrepreneurs and professionals like you master your soft skills to evolve you to your greatest potential. To learn more about our coaching you can contact us here! Feel like you need coaching but not sure you can afford the investment in yourself? That’s ok! We have a scholarship available to diverse candidates of need. You can apply for our scholarship for our coaching and our courses here. Not enough time in the day, we get it. Check out our AYOP course, 2x Your Time, right here. We walk through everything from time management and calendar basics to how you can supercharge your days weeks and months through practices and techniques that are grounded in experience and proven by science.
The best personality traits for networking
Anyone can be a great networker. Regardless of whether you consider yourself an outgoing person or not, oftentimes the most effective people at networking aren’t natural extroverts or anything along those lines. Instead the best networkers show up at events with specific personality traits that they emphasize for the occasion. In this blog we’ll discuss the best personality traits for networking and we promise you these are traits you can develop with intention and practice! Want to know why people fail? We put together a FREE guide identifying the Top 6 reasons businesses fail and give you actionable steps you can take on every one of these to make sure it’s your competition failing and not you! It’s our free gift to you. Access it here! Let’s take a look at what we consider the most important personality traits for networking. Confidence Confidence is critical to bring to any networking event. Most people are uncomfortable being in large groups of strangers. It makes us feel vulnerable and unsafe. Showing up to a networking event and exhibiting confidence is a surefire way to attract people to you that are feeling less confident and will seriously up your networking game. Establish confidence early by visualizing yourself having success at the networking event. Self-Awareness Many of us lack self-awareness and that can really hurt us at networking events. Self-awareness is not just about being aware of ourselves and our own feelings, it’s also about being aware of how others are perceiving us. If you want to display confidence and approachability it is crucial to be highly self-aware of how you’re showing up to other people. Get better at self-awareness by learning to recognize how people respond to different types of body language and communication. Active Listening The best personality trait for networking? Hard to say because any of the three of these listed are gold when it comes to excelling at networking. There is, however, a strong argument to be made that active listening is more important than any other personality trait when it comes to networking. Active listening means it’s not about you or your needs, it’s about really hearing the person in front of you. Do you know who is most likely to want to help you? The people that feel heard. So go out and hear them! To practice active listening make sure you focus on what someone is saying and not what you want to say. Pay attention, ask clarifying questions and really tune into the meaning behinds someone’s words. What traits do you believe are most important for networking? Let us know your thoughts, you can email us at info@jbandthedoctor.com! Did you know we work with professionals and leaders with 2 on 1 coaching that marries the expertise of a Doctor of Psychology and mindset coach with the business savvy of a former Fortune 50 sales executive. We specialize in helping entrepreneurs and professionals like you master your soft skills to evolve you to your greatest potential. To learn more about our coaching you can contact us here! Feel like you need coaching but not sure you can afford the investment in yourself? That’s ok! We have a scholarship available to diverse candidates of need. You can apply for our scholarship for our coaching and our courses here. Not enough time in the day, we get it. Check out our AYOP course, 2x Your Time, right here. We walk through everything from time management and calendar basics to how you can supercharge your days weeks and months through practices and techniques that are grounded in experience and proven by science.
3 Clever ways to communicate value and drive more sales
If sales is the heartbeat of every business then communicating value must be the heart itself. If we fail to communicate our value we’ll struggle to ever get our businesses off the ground or to grow them to the levels that we desire. Communicating value is an absolutely critical skill for business success. In this blog we’ll discuss 3 clever ways you can better communicate value and drive more sales. Does value matter to you? We put together a FREE guide identifying the Top 6 reasons businesses fail and give you actionable steps you can take on every one of these to make sure it’s your competition failing and not you! It’s our free gift to you. Access it here! Exclusivity People love being a part of something greater than themselves. People especially love being a part of something exclusive. When communicating your offering or services you can level up your sales with the clever technique of making something exclusive. This will naturally drive people to want to be a part of something and speak about it on your behalf too, after all, nobody wants to keep it a secret! Case Studies We are naturally drawn to stories because it allows us to feel what someone else is feeling and experience their journey first hand. Case studies are clever vehicles to create different profiles for different people that they can immediately resonate with. Case studies are like storytelling on steroids because you can cater different case studies specifically to the challenges and problems your clients have. A great case study will highlight the pain point that is specific to your client and allow you to really speak to what is bothering them most! Value Ladders Not everyone can afford your services or products, and that’s ok. But often people can afford and choose not to. An effective way to communicate your value is to offer multiple products and services on a ladder. The ladder starts with low cost solutions and increases to your highest cost offerings. By doing this you’ll offer you prospects flexibility and anchor your pricing to a high and low point! How do you communicate your value? Let us know your thoughts, you can email us at info@jbandthedoctor.com! Did you know we work with professionals and leaders with 2 on 1 coaching that marries the expertise of a Doctor of Psychology and mindset coach with the business savvy of a former Fortune 50 sales executive. We specialize in helping entrepreneurs and professionals like you master your soft skills to evolve you to your greatest potential. To learn more about our coaching you can contact us here! Feel like you need coaching but not sure you can afford the investment in yourself? That’s ok! We have a scholarship available to diverse candidates of need. You can apply for our scholarship for our coaching and our courses here. Not enough time in the day, we get it. Check out our AYOP course, 2x Your Time, right here. We walk through everything from time management and calendar basics to how you can supercharge your days weeks and months through practices and techniques that are grounded in experience and proven by science.