Monday, May 24, 2010

What's the Difference?

Do you ever wonder what the difference is between the extraordinary businesses and the rest of them? My experience has been that the extraordinary businesses are led by exceptional business owners. But what makes one an exceptional business owner?

Exceptional business owners are men and women who have an insatiable desire to learn and improve, while the rest spend their time and energy defending the strategies that have led them to mediocrity. The exceptional business owners take time to improve themselves and improve their business systems. They read, they interact with other business owners who are growing, and they leverage coaching.

For over 15 years The Growth Coach has been helping hundreds of business owners and self-employed professionals improve their businesses and improve their lives. Our promise is that if you engage our coaching process, it will transform you and your business. Check us out at http://www.thegrowthcoach.com/stoeller

Thursday, May 13, 2010

Becoming a Strategic Business Owner

In our coaching workshops we stress the concept of every business owner and self-employed professional becoming a STRATEGIC BUSINESS OWNER (SBO)! Let me take a moment and emphasize what a Strategic Business Owner IS, and what he/she is NOT!

The critical word a SBO must embrace is “leverage.” A SBO leverages marketing and other people’s talents. A SBO achieves greater results with less time and effort. A SBO works smarter, not harder and is more focused, effective, productive, and strategic!

A SBO does not focus on just the technical work of the business but rather focuses on the entire business. A SBO is an effective leader, develops business plans and procedures, and trusts in his/her people and systems. A SBO has a strategic mindset and utilizes a priority management system, not just a time management system.

A SBO is not a micromanager, hands-on technician, control freak, micromanager, jack-of-all trades, workaholic, “I’ll do it myself” martyr, or a dictator/screamer.

Are you still battling with some of these tendencies and traits? The first step to change is to recognize any red flag areas. Becoming a SBO is a learned skill and is simply a matter of learning the “Do’s” and “Don’ts” of a SBO. This is how we train business owners and self-employed professionals to think in our coaching process.

Monday, May 3, 2010

Leverage Your Leadership

Leadership is critical to your business success, your personal freedom and fulfillment, and optimizing the potential of your team. If you don’t lead more and work less, you’ll never be free from the daily grind and technical trenches of your business. Your critical role is leadership, not doer-ship. Improving your leadership effectiveness is a never-ending growth process. Leadership is everything to the success of a business!

If you continue to wear multiple hats in your company, you will continue to be diverted from your primary responsibility … Leading !! A business can rise only to the level of the leader’s effectiveness.

You are 100% responsible for the good, bad and ugly in your business. Leaders create clarity – clarity of vision, direction, goals, focus, expectations, consequences, etc. Leaders also create the right conditions for others to succeed. They get people rowing in the same direction.

Leading others properly is a significant part of the foundation for your freedom and success. Never lose sight of the fact that your primary responsibility as a Strategic Business Owner is LEADING!