Making The Most of a Joint Venture

Making The Most of a Joint Venture

When we collaborate or partner with other professionals, we do it because we believe that it will provide us something that we can’t achieve by working on our own. Belief by itself won’t get us improved result. If we want to really make the most out of a joint venture (JV), there are some actions we need to take to control the outcome and experience. In our blog below we discuss 3 things you can do to make the most out of a joint venture. Set Responsibilities Up Front If you want to be successful with a joint venture, you need to split responsibilities and make sure that all parties are accountable for their portion of the work. Joint ventures can work even when you fail to set responsibilities up front, but ultimately, they’ll fall far short of what they could have been if everyone is crystal clear up front on what they need to do. Nobody wants to relive being the kid doing all the work for the project and splitting half the credit. Make Sure The JV’s are Complementary While there’s nothing wrong with working along side someone that does the same thing as you, it doesn’t make nearly as much sense as finding a partner that complements the work that you do. Whether it’s bringing in an audience when yours is weak or establishing strong credibility as you build your own authority, it’s going to make a much greater difference in positive results to work with a complementary business. Address Problems Head On Open communication is one of the most important aspects to have a successful joint venture. Besides setting of responsibilities we need to make sure we address friction with partners head on, problem solve together and express gratitude when possible. Ultimately, any partnership requires two or more people and businesses to work together and the best results always come from active communication and strong EQ. Have you had success or failure with joint ventures?  Let us know in our private Facebook community, the EML!  You can join here!   Join our community 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 time, sales, and confidence, 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 behavior virtually

Managing behavior virtually

Managing behavior is one of the primary skill sets a service based professional and entrepreneur must become scary good at. Between managing our own behavior and reactions and managing our clients it is an essential skill to develop and continuously hone, or, as we like to say, sharpen the ax. Managing behavior can be even more difficult when we are virtual since it’s much harder to relay body language and read other’s body language. Here are some of the top tips we have for managing behavior virtually. 6 Methods To Make Sure Your Business Doesn’t Fail Hold on! Did you know that 70% of businesses will 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 and you can access it right here. Tip 1 Managing behavior online requires focus and attention. It’s best if both parties on any virtual engagement are able and willing to silence some common distractors. Make sure you set your phone to focus mode, silence notifications from your email and other browsers (close them if you must) and ask that whomever you’re meeting with do the same. Setting the stage up front to reduce distractions will make it much easier to manage behavior when virtual. Tip 2 Ask twice respond once! The old adage goes measure twice, cut once and it is even more important when virtual. Since we are much more limited in our ability to read body language online it becomes crucial to make sure what is being said is what is meant to be communicated and that what is being heard is what was actually said. Check in with people even more regularly than you would while virtual will help make sure the communication between yourself and the other party is as effective as possible. Tip 3 Some things do not translate online. There are certain conversations and topics that are highly sensitive in nature. Some of these conversations simply do not play well online and if the goal is to manage reactions, they should not take place virtually if you have any control over it. It’s like having a conversation when driving a car. If you need to make eye contact for that conversation, the car is an awful place to chat. You can still do it, but be prepared for less than ideal results. The same goes for online conversations. Some are just better in person. Do you need to get better virtually? Let us know in our private Facebook community, the EML! You can join here! Join our community Or we can work with you individually with our unique 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 time, sales, and confidence, 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 Build A Flexible Schedule For Maximum Performance

Entrepreneur Mastery Lab - Flexible Schedule

Great news, you control your day!  Or do you?  Chances are if you’re an entrepreneur or service based professional you’ve developed a calendar that works for you.  Mostly.  You may have also picked up some habits that harm you more than they help.   Here are a few tips to help you build a schedule with flexibility so you can maximize your performance all day, every day. Before we discuss our tips, did you know that 70% of businesses will 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, you can access it right here. Secret 1 – Be more self aware Half of the battle with managing our calendars is recognizing how long it takes us to accomplish something. We’re typically pretty bad at this and deal with performance optimism. It’s the idea that we believe can get more done faster than we actually can. Do yourself a favor. If you want more flexibility in your schedule than add a little extra time for whatever is on your calendar. 60 minute meeting, better make it 70 minutes on the calendar. It’s amazing how much flexibility this will build and additional performance we can get out of the day. Secret 2 – Respect your time and everyone else’s If we try to schedule every minute of every day out we create an environment that will be break under stress. What do we mean by that? Well, life happens and to leave no time for life happening is, in our opinion, a very common and very costly mistake we see professionals make all the time. Plan for things to go wrong and we can find ourselves prepared for this and better able to handle it. Leave no room for life to happen and we all know how that can feel. Like a house of cards teetering and then crashing down. Secret 3 – Set aside time for yourself We aren’t robots, as much as we’d like to be sometimes. We need rest, we need little moments to recuperate. There was a study done on internal salespeople to see who performed the best. The highest performers were the smokers. No, nicotine doesn’t make better salespeople. But wouldn’t you know it, those smokers took a 5-minute break for themselves every 60-90 minutes. That few minutes for ourselves can make an enormous difference in our performance the other 55 or 85 minutes that follows. If we want to have a flexible schedule that allows for maximum performance this is a great way to ensure we can get it done all day long. This blog was inspired by our recent podcast interview with Pearce Cucchissi, a coach that previously served as a special forces Army Ranger! You can listen in to our podcast here, or if you prefer you can also check it out on our Youtube channel right here! Listen to Podcast Watch on Youtube Join our Community We love sharing tips like these in our Entrepreneur Mastery Lab private community. If you’d like to join us and other professionals that are striving to get better every day, you can access the group here! Join now If you’re working on being more effective with how you manage your time, we can help! Our unique 2 on 1 coaching marries the expertise of a Doctor of Psychology and mindset coach with the business savvy of a former Fortune 50 external sales Vice President. We specialize in helping entrepreneurs and professionals like you master your time, sales, and confidence, 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.

5 Essential Tips To Build A Successful Community

Building a successful community isn’t always easy.  Here are 5 essential tips to build a successful community you won’t want to skip over! Before we discuss our tips, did you know that 70% of businesses will 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 you can access it right here. 1. Know who you want   Believe it or not, building a community means being as intentional about who we DON’T let in as who we do let in. Just grabbing anyone to build a community hurts more than it helps. Sure numbers and volume look good but if that person doesn’t share the values, doesn’t intend to be a part of the community and isn’t active, they end up taking more than they give.  2. Give  If we want to build a community, it’s important to understand that we all need to lead by example. Whatever the binding elements of your community are, we must be deliberate and we must be front in center showing everyone in the community that we embrace the shared values of the group. 3. Know your community  People join a community because they have a shared belief or value system. We all want to identify with other people, and we want to be accepted. To make sure we have a successful community make sure to know what is important for the community to share. Those common threads are what will form unbreakable bonds in a group!   4. Let people go Life isn’t static and we all change. What’s important to us today may not be as important to us tomorrow. As important as it is to bring people into a community it’s just as important to let people go. If someone isn’t a good for the community you’re developing, wish them the best and help them move on to someplace that they want to be. 5. Evolve Communities will change over time. Whenever we get a large group of people together, it’s natural for the groupthink to lead a community to a different place from where it started. By keeping a close eye on our communities, we can identify when we see shifts and evolutions happening. Instead of fighting a change, consider if it’s to the communities benefit first. If it is then we have an opportunity to help pave the road for a successful shift in our communities! This blog was inspired by our recent podcast interview with Mark Bowness, a master community builder! You can listen in to our podcast here, or if you prefer you can also check it out on our Youtube channel right here! Our Community We love sharing tips like these in our Entrepreneur Mastery Lab private community. If you’d like to join us and other professionals that are striving to get better every day, you can access the group here! Join now If you’re working on being more effective with how you work with people and develop relationships, we can help! Our unique 2 on 1 coaching marries the expertise of a Doctor of Psychology and mindset coach with the business savvy of a former Fortune 50 external sales Vice President. We specialize in helping entrepreneurs and professionals like you master your time, sales, and confidence, 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 Viral Tips to Master Post Covid, In Person Networking

Entrepreneur Mastery Lab - Post Covid In Person Networking

Congratulations! You’re ready to get back out there, things are opening back up and it’s time to dust off the shoes and get back to in person networking. There’s only one problem. The rules have changed! Here are 3 Viral tips you can use to master networking in a post-covid world! Before we discuss our tips, did you know that 70% of businesses will 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 you can access it right here. To catch this blog and more on audio or video you can check out our most recent podcast here where we add some color and detail to our tips below! If you prefer you can also check it out on our Youtube channel right here! 1. Be Prepared   There’s more to think about today than in the past. Our first tip is simple but effective, and will protect you against getting shut out or shut down for in person events. Some of the best ways to be prepared are to have a copy of your vaccination card handy, carry a mask (ideally, 2) and consider carrying a travel size purell or anti-bacterial wipes with you. A little preparation will bring you a LONG way when it comes to networking post-covid. 2. Say Hello, the right way   In the past if we showed up to a networking event and introduced ourselves to someone without a handshake….you dropped the ball. This would be even worse than a dead-fish handshake. Today, we need to think twice. Plenty of people were, in the closet, privately, against shaking hands PRE covid. Now that we’ve worked through a pandemic there are a ton of people who have no interest in shaking your hand. It’s in our best interest to ask each other how we’d like to be greeted with a handshake, fist bump, elbow bump or simply a polite hello. Following this one tip will help make us all more comfortable together and indicate a sign of respect for the person we’re meeting. 3. Be Strategic   One of our favorite aspects of networking post covid is the amount of data we have ahead of time. Nowadays it’s tough to find a networking event that doesn’t have a meet up, social media event, RSVP list, etc. Today more than ever we can find out ahead of time who is going to an event and who is likely to be there. It means we can be more strategic in our goals, our activity and the type of person we want to see at a networking event. Shotgun blast networking isn’t nearly as effective as intentional networking where we walk away with a strong introduction to just a couple to a handful of people that can help us achieve our goals. Be strategic and be more effective! Entrepreneur Mastery Lab We love sharing tips like these in our Entrepreneur Mastery Lab private community. If you’d like to join us and other professionals that are striving to get better every day, you can access the group here! Join group If you’re working on being more effective with your networking, we can help! Our unique 2 on 1 coaching marries the expertise of a Doctor of Psychology and mindset coach with the business savvy of a former Fortune 50 external sales Vice President. We specialize in helping entrepreneurs and professionals like you master your time, sales, and confidence, 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 Benefits of Maximizing Connections and Why We Don’t

Entrepreneur Mastery Lab Podcast - Maximizing Connections

Maximizing connections is about building a deeper, more meaningful relationship with those around us and creates a level of trust and a rooted desire to give back and care for one another. If you google maximizing connections there’s about a dozen articles around HOW TO build a connection.  Most of us already know how to do this, we learn it at a very young age.  We simply choose NOT to do it.  In this blog we’ll explore the primary benefits of maximizing connections and the most common reason we see people avoid it.  The how to, we’ll let the other articles rehash. The benefits of maximizing our connections with other people are significant.  A deeper connection establishes intimacy and trust and invites someone into our inner circle or sanctum.  In other words, they become like family.  They know and we know that we have each other’s backs.  It’s like that old saying, “a good friend will bail you out of jail, a great friend will be sitting right beside you.” With increased levels of intimacy and trust comes a bond we rarely see in most of our connections with people today.  It’s a level of familiarity and community that allows us to open ourselves up to give and receive.   Business, it turns out, is not very different than the rest of life.  We spend time, care for and take care of the people we like better than the people we don’t like.  The more someone knows you, the more they will feel deeply for you, because they can trust you and that leads to better results in the relationship and the benefits of the relationship.  That means more resources, business, referrals, time, energy, grace, understanding and defense!  All pretty awesome things to have! Likewise the more you know someone the more you’ll be willing to ‘go to bat’ for them. Maximizing our connections to people means we GET MORE! If we recognize this, then how come we don’t establish deeper connections with other people? We believe the primary reason is vulnerability.  Maximizing our connections with people requires making ourselves vulnerable and we have thousands of years of evolution protecting ourselves from becoming vulnerable.  It takes time, effort, energy and some risk to make ourselves vulnerable and it’s incredibly difficult to do.  Yet, like many things in life, the difficult thing to do are relatively simple.  By making yourself vulnerable in front of someone, you open the doors to a part of you that is more intimate.  You establish trust and you offer an olive branch to the person across from you.  This in turn creates a comfort and familiarity that allows them to be more open and vulnerable with you!  It becomes a growing pattern, a Fibonacci sequence, of greater and greater trust, down to the most intimate parts of ourselves.  Beyond vulnerability, maximizing connections requires, time, energy and a sacrifice.  It means putting someone ahead of ourselves.  Selflessness is hard, sacrifice is hard.  Easier to never make real connections, right?  Of course, It is!  Great results never come easy, neither do great connections! For help with maximizing your connections with the people around you, check out our coaching services.  We can offer you a number of ways to better prioritize this aspect of your life.  You can take a look at our services, here! To listen in on our most recent podcast where we discussed the power of connection with our guest, Monique Russell, you can hear all about her thoughts here! Want coaching but not sure you can afford it?  That’s why we offer scholarships to deserving entrepreneurs and professionals.  Share something about yourself (yes, get vulnerable) and you might be eligible for a partial or full scholarship for our services!  Check our the submission form here!