Saturdays are for Small Business Success

Saturday, February 4th, 2012

It seems like everyone has heard one of the most oft-quoted statistics on small business:  “80% of all small businesses fail within the first five years and, of the 20% that survive, 80% of the survivors fail within the next five years……..therefore,  96% of all small businesses fail within 10 years!”

For this reason alone, many people never start a business and many banks, angel investors, and venture capital firms decline to fund the vast majority of small business start-ups.  I want to dispel this myth because, in reality, nobody has statistics that clearly define what a “failure” means.

For example, if you just take the number of businesses that start at a given time and then check to see if they are in existence at year five and ten, this is not exactly a scientific approach.  How many of those businesses don’t exist anymore because the small business was gobbled up by another larger business?  Not exactly a failure, if the original owner was happy with the purchase price and retired to the beach.  What about those businesses that no longer exist, but they made a profit?  Maybe the owner closed it down because it did not achieve the amount of profit they were thinking it should generate based on the amount of blood, sweat, and tears it took to build it.  Is that considered a failure?

So there are a multitude of reasons a business can cease to exist and it is virtually impossible to know the reason for each one.  Don’t always blindly believe statistics, especially if they are repeated so often that they become a mantra that no one ever questions.

Now, having said that, a lot of businesses do “fail” — which I define as the inability of the business to generate enough income to pay all expenses, including a reasonable salary to the business owner.  And, unfortunately, a lot of businesses fail because they make the same mistakes that thousands of other business owners have already made and will continue to make in the never-ending future.

If you’d like to avoid those mistakes, please continue checking back into this space on a weekly basis. Our team of bloggers has a wealth of experience to share with you that should help you to stay on a path to success.

Week 8 – Results time!

Thursday, May 19th, 2011

The 8 Week Wellness program I’ve been participating is officially over…..or is it? Actually, it’s not over, but rather an evolving process to a new way of living.

My weight loss goal was 25lbs. My total loss was 10lbs. To many people, this may seem hardly like an accomplishment. For me, it’s nothing short of a victory or pure success! The mindset I adapted going into the program and the commitment I had to trying something different was key. My intent was never to focus on the outcome goal, but rather to focus my energies on the activities, changes and new habits I could incorporate into my daily routine that would lead me towards getting a “different result-” that would get me closer to the overall objective. What’s more, I’m still losing weight and in fact, have lost another 2lbs. this week.

The initial problem isn’t getting people to set goals, it’s getting them to set the right kind of goals; ones that provide direction and enhance motivation. As many of us learn from past New Year’s resolutions, it’s much easier to set a goal than to actually follow through with it. Very seldom are weight loss goals set realistically in terms of commitment, difficulty, evaluation of progress to achieve the goals. We need instruction on setting effective goals and creating a program that allows us to works towards them.

Effectively, my initial goal entering into this program was 25lbs. which would be considered the “outcome goal” I wanted to achieve. More important was determining how I was going to get there. What new activities could I implement each day, aka- “process goals,” that would allow me to work towards the end result, aka- “outcome goal.” Setting process goals serve as a roadmap to meet the outcome goal. Process goals tell you what you need to do or skills you need to develop along the way to achieve the outcome goal.

Focusing On The Process

When setting goals, many people only set outcome goals and then are easily discouraged a week into the process, when they don’t begin seeing immediate results occur. Eventually, they become so fixated on the outcome goal and how distant and unrealistic it seems, they give up, shortly after having just started. But the most critical part to the entire process is to first establish process goals. Process goals relate to how you prepare for your performance. For example, with an outcome goal of running a 10k under 40 minutes, a process goal could be in practice to achieve a negative split. Process goals are important because they help you stay focused on the process of your performance. In addition, process goals are more within your control than outcome goals. With a process goal, you can focus on incorporating correct techniques and new habits into your daily routine, similar to focusing on a fluid back swinging golf, rather than hitting par. By setting appropriate process goals, you put yourself in alignment and on the path to achieving your desired outcome goal.

The reason most people never reach their goals is that they don’t define them, learn about them or even seriously consider them as believable or achievable. Winners can tell you where they are going, what they plan to do along the way, and who will be sharing the adventure with them ~Denis Waitley

Getting Results

CN Coaching Blog: Week 7- “Mind Shift”

Wednesday, May 11th, 2011

Habits aren’t broken. They’re replaced.  My whole purpose for participating in an 8 Week Wellness Program wasn’t to just break the habit of eating unhealthy foods; I wanted to create a new system that I liked better and would give me the results I wanted. Otherwise what have I replaced?

Always look for something better to replace your habit with. Subconsciously your habit is a survival mechanism.  At some level you think the habit is serving you. In order to let go of the subconscious clinging to the habit, you want to show your subconscious mind that the new system you’ve introduced into your life is even better! Then you can let go.

That’s the law of creation.  Create a replacement for the habit you don’t like.  Don’t react to the habit by fighting it off.  The law of creation is a law that can kick in at any stage when you’re ready to shift your mind. From breaking to replacing.

A mind shift is a shift in your thinking and allowing new ideas to be entertained. Most of us are limited by our current status or resources and therefore, we tend to limit our thoughts, in terms of our results, as well as the beliefs we have about ourselves. When we allow ourselves to shift into a new paradigm, we begin seeing and creating new things in our lives.

“When you know what you want, and want it bad enough, you will find a way to get it.”

~Jim Rohn

Allow the power of MIND SHIFT move you to the next level of your life!

Ideas & Inspiration

The Paleo Experience; Wellness Journey – Week 6

Wednesday, May 4th, 2011

Most people wonder what the easiest way is to do just about everything we do in life. We agonize on how to best start something new because we don’t want to fail. Diets are no exception.

To a beginner, it may seem as though the Paleo diet severely restricts your food choice, which it does. What’s more, when you think of it as restricting the processed and nutrient deprived foods that are around us every day, it comes down to the approach and choices we make.

While on my own wellness journey, through the Paleo diet, I’ve learned a couple key points that have been instrumental in the success I’ve experienced, thus far. The first is to pre-plan and know ahead of time, what you’re going to eat, “before” getting hungry. Once the hunger sets in, we seem to lose all sense of rationalization and want to eat the first thing that crosses our path. The second point I’ve adopted into my new eating routine is to always over-prepare. Make plenty of food so there are leftovers for the next couple of days. This makes absolute sense and a whole lot less work in the kitchen, especially during the week.

If you’re considering a new diet to attempt and not one to just lose a few quick pounds, I highly encourage you to do the Paleo diet. What’s unique about this diet is although the weight loss IS a gradual, work in progress, so is the transition and adjustment from bad eating habits to adopting good and healthy ones into our lives. Furthermore, as with most things we do in life, the objective is to seek and achieve long-term results that will allow us to live a longer, happier and healthier life and not a short term, quick fix that most often backfires, leaving us unhealthier and less fit than before we started the diet.

I wanted to share with you a few of the recognizable changes I’ve experienced since having started the Paleo diet:

  • Effortless weight loss
  • Better digestion
  • More stamina
  • General well-being
  • Way more energy
  • Less needed sleep (although you should sleep all you can)
  • Less or no more allergic reactions to environmental triggers (yayJ!)
  • More physical endurance
  • Less or no cravings for sugary foods (big “yay,” again!)

Check it out for yourself: http://drchadedwards.com/176/exactly-what-is-the-paleo-diet/

”Nobody can go back and start a new beginning, but anyone can start today and make a new ending.”

~Maria Robinson

Woman looking through binoculars at Pumori in Mount Everest Nati

Week 4-Wellness Journey “Back in the Saddle”

Thursday, April 21st, 2011

As week four begins of my eight week journey to wellness, I’m amazed by the various stages of transition this process is taking me through. Not only from a physical- being perspective, but from a mindset one, as well.

When I committed to blogging about this journey each week, it meant reporting the good, the bad and the not so good moments of my experience.  As important as it is to have the support of others on the sidelines rooting us on with their encouraging words during moments of success, it’ equally as important for us to know they’re there to lean on in moments of weakness, as well. It’s during these times when some of the greatest opportunities for learning and growth are present, in that we’re able to witness how others embrace a challenge and break through the barriers, to get to the other side.

This past week, the detoxification process I had experienced the previous week, had finally subsided. I began feeling more like myself, had great levels of energy and all the anxiety, lightheadedness and nausea had dissipated. I felt great all week and the clothes gradually, continued fitting better. By the way, I’m still making the choice to “not” know my weight loss/gain each week, when visiting the Dr. My focus is on what “the process” is doing for me and not the goal. At the conclusion of my eight weeks and final blog posting about the journey, I will reveal the initial goal I had set as a benchmark, along with the actual results.

Week three brought a whole new set of challenges only this time, they were all self inflicted, as I had total control over the choices I made. Simply put, there were a couple of days where I gave in to temptation and made some poor decisions about the things I ate and drank. My reasoning and justification for having made these choices are nothing short of lame excuses and completely irrelevant to why I signed up for this program. Furthermore, placing the blame for my actions on outer circumstances or the influence of other people, would be stupid and irresponsible. I accept full responsibility and take ownership for the actions I took. Time to regroup, remind myself why I’m doing this and take the actions necessary, that will allow me to move ahead.

So to fast forward and skip over the pity party, where is my mind at today and more importantly, what steps did I immediately take, after acknowledging the detours I encountered were completely unnecessary and of my own doing? I’m working out harder and longer. I’ve increased my water intake and my diet is back on track to involve no grains, no dairy, no sugar. I’m determined and motivated now more than ever to not let these setbacks discourage me, but rather push me harder to getting the results I want!

“It is inevitable that some defeat will enter even the most victorious life. The human spirit is never finished when it is defeated…it is finished when it surrenders.”

~Ben Stein

roadblock

(Week 1 of 8)-Wellness Journey- “Focusing on the Process”

Tuesday, March 29th, 2011

My journey to living a healthier life by establishing better eating habits and a more regimented workout routine has officially begun!

What’s occurred for me over the past 3 days since transitioning my body and mind to a completely different way of eating and thinking? Surprisingly, I’m learning a lot about commitment. More importantly, I’m understanding the real value of how important it is to my own personal well being and the communication I have with others, when I make a commitment to myself and following through by doing what I say I’m going to do.

Day one started out great! I went to the grocery store and made a b-line for the produce section. I picked up a lot of food that, up until that point, had been pretty foreign to me. All day long, I followed the diet to a “T” and then came an evening (preplanned) party we were hosting with some friends and family. Let’s just say that I allowed all the fun and festivities of everyone being together, as an excuse to cheat and outdo any progress I might have made, earlier in the day.

From past experiences, after blowing a diet on the first day, I would have just given up and gone back to eating the “breakfast of champions,” which ranged anywhere from a few handfuls of M&M’s to a fully loaded egg omelet with bacon, toast and potatoes on the side. So what was different about this time? I told myself that this time was going to be different and that regardless of what challenges I encountered along the way, I wouldn’t allow my mindset to shift back into that “comfort zone” I was all too familiar with. Thinking that way had never served me in the past and as many of us know, the best predictor of future behavior is past behavior. Giving up and going back to such poor eating habits, certainly wasn’t going to make me healthier or live longer. I wasn’t going to lose the extra, unnecessary weight I’d gained and complained about every day, over the past few years. More importantly, I wouldn’t be following through with a promise I had finally made to myself. A promise to change the things that weren’t working for me and to introduce many new things that have been missing, in order to get a different outcome.

My focus is on the actions I take today! My intent is focused on the process that I follow today, not the end result. I’m focused on following today’s diet plan that’s been created by someone who’s thoroughly evaluated my previous eating and exercise habits, knows the goals I want to achieve, and is a highly skilled and trained professional in areas unfamiliar to me.

Until next week’s update, shift your mind to focus more on the moment and the actions you can take today and less about the future. Paradoxically, every moment and how we spend it, is what creates the future.

body, mind and spirit concept

The Commitment- Intro to My: 8 Weeks to Wellness Journey

Sunday, March 27th, 2011

The past few weeks I’ve been gearing up (myself and those interested in reading my posts) to begin a wellness program I recently enrolled in, through a local chiropractor. I know, who knew a chiropractic office offered wellness programs? I’ve chalked it up to a basic business philosophy that many entrepreneur’s/organizations tend to lose sight of which is that they clearly understand how important it is to the success of their business to continuously find ways to add value to those they serve.

Last week marked my first visit to the office, which was the initial consultation and program review. The Dr. was definitely on a fact-finding mission and asked a multitude of questions ranging from current fitness regimen and eating habits, to why I chose “now” to take action.

Some of you may be wondering what (if any) purpose does it serve others, for me to track such a journey, through weekly blogging. What’s more, how or does it even relate to coaching? The good news is that the two are very much in alignment with one another and “no,” I’m not self absorbedJ.

Coaching is about commitment, accountability, taking action for the results we want and doing whatever is necessary, in order to get those results. Coaching is a structured relationship designed to help the person being coached to move forward, to reach the goals that they have set, and to reach their potential.

Those who remain hesitant, may then be asking “Why would someone who’s built a career for themselves that’s designed to lead others to realizing the untapped potential they have within, seek their own assistance of an outside source to get more fit, become healthier by adapting new eating habits, to live a longer and healthier life?” My response is simple and nonetheless, truthful. I understand and know the value of having a support system who’s in my corner, rooting for me every step of the way. I know the value of having someone to help hold me accountable and offer a different perspective when it’s difficult to see the forest through the trees. I know the value of having someone on your side who isn’t there to criticize, but rather offer their encouragement to continue moving forward, after not having reached a weekly goal. I also know (all too well) that in order to change the things that aren’t working or are missing from my daily diet/fitness routine, means that “I” must make the commitment and “I” must take the action required, to affect the change “I” want.

When multiple award winning actress (and dubbed as America’s Sweetheart) Sandra Bullock landed the lead role in The Blind Side, in order to really get into her character as the headstrong football mom Leigh Ann Tuohy, one of the first moves Bullock made was to hire dialect coach, Francie Brown. Bullock hired Brown to help her refine her southern-style accent and incidentally, she won best actress for her role in the movie.

How about one of the best golfers of all time Tiger Woods who, regardless of the personal challenges he’s endured these past few years, also works with a coach. The coach may change from time to time but nonetheless, he always has one. Why does someone with his talent, his skills and his record have a coach? Because he takes constructive feedback from another golfer who he could undoubtedly beat with some regularity, if he were to compete against him. Just imagine what it’s like to not only be the very best in the world at what you do, but to be humble enough to admit than you can always get better and don’t know it all.

My commitment to all of you is to post weekly progress updates, as my journey continues.

Taking Action

Circumstance is Nothing….Passion is Everything

Wednesday, March 2nd, 2011

Have you ever heard the saying, “Doing it now is more important than doing it right?” It doesn’t mean is don’t do something as well as you can, rather if you wait until the timing is perfect, it’ll never happen.  Just do it now.

Those are some pretty powerful words. Words that actually came from a book my friend, best-selling author and world renown coach Steve Chandler, who co-authored with Sam Beckford, called 100 Ways to Create Wealth. Ironically, both authors had formerly been bankrupt. Sam had many unsuccessful businesses under his belt. Then it happened. Circumstance lost all meaning.

So the story goes……everything took a dramatic and life changing turn for Sam one day while he and his wife were shopping at a grocery store. They were at the check-out counter and ready to pay for their groceries with his debit card and the card didn’t clear. He tried the card again and again and it still wouldn’t process. On the third attempt, the cashier commented to Sam how there must be a problem with the card. Sam said, “Yeah, I know the problem-there’s no money in the account.”

He and his wife had to leave the store without any groceries. There was something very painful about reaching a point where he couldn’t even feed his family.

“It was the most embarrassing, humiliating thing,” Sam said. “I said, ‘This is never going to happen again. I’m sick of being broke. I’m sick of being poor.’ I’d been playing the odds that there’d still be a little money left in the account. Walking out of that store that day was the turning point for all the business achievement that happened after that. It’s the moment I woke up.”

Sam tells this story to many people who are trying to make it as small business owners and professionals of all kinds. Sometimes they come up to him afterwards at a seminar and say, “You know, I can identify with that grocery store story because it happened to me two weeks ago.”

The entire country has experienced some sort of financial hit over the past couple of years. It’s affected all of us, some more than others. The pain is there, it’s real and will not be ignored. Don’t try to push that pain away. Allow yourself to really feel what you’re missing. Because that’s when you will be focused enough to say “no” to feeling that way ever again.  Find a place and take a stand.

This is the power of negative thinking! Be completely negative about what you no longer want! Refuse to let it consume you! Stand up to it and draw your line in the sand and dare it to ever cross that line again.

Use a moment like that to be your final resolve to say, “Never again!”  There’s a positive turning point hidden in everything; even in something that feels that bad. That turning point becomes reality when you acknowledge and live your life knowing that all the power to change what you no longer want, lies completely within YOUR control.

People, like Steve Chandler, who have recovered from addictions, eventually reach what they call a “bottom. They can’t go any lower without dying. Once they’ve hit bottom, they often find new strength to say, “That’s it. There’s just no way I’m going to live like this anymore. I don’t care what I have to do, I don’t care how uncomfortable it is, I don’t care what they tell me to do, I’ll even go through those 12 steps.  This is the end of this life.”

Wealth has steps, too. Just like addiction recovery. And the steps work. And the first step is to draw a line in the sand.

The second step is to team up.

Circumstance-Passion

Principles of Success

Wednesday, February 23rd, 2011

One excellent principle to be applied in business is the element of surprise aka “doing the unexpected.” In sales and marketing, this means to continuously seek out ways to out-do, or upset your competition. Always look for ways you can add more value to the product or service you offer and adjust your prices accordingly. Staying a step ahead of the other service provides within your industry, allows you to have a competitive advantage.

Often, “doing the exact opposite” of what you have been doing can be the perfect solution that will give you the results you want. The natural tendency for a person who finds themselves in a hole, is to continue digging or doing the same things that clearly haven’t been working, thus far. The key is if you’re not getting the outcome you want, why continue doing the things that aren’t working? Change things up a bit. Continuing to tweak your system or process, allows you to discover what’s working, what’s not working and what’s missing, that if present, would make all the difference in the end result. Remember, the definition of insanity is often referred to as doing the same thing over and over again and expecting different results.

How important is follow-up and follow-through in business? Both can and will make or break a business. When opportunity strikes you take full advantage of it. If you offer a great product or service, you sell as much as you can to your target market. Use every opportunity imaginable to capitalize on it.

The ability to work effectively with others and lead responsibly are an organization’s greatest attributes and best path to travel, to achieve success.

One favorite question many people love to ask or at least are always thinking, is “what’s in it for me? A good and effective leader is always looking for ways to help others. Leaders understand that assisting others is a sure way to create within them, a desire of wanting to help you achieve your goals.

Implementing these success principles into your daily routine, will allow you to accomplish far more in a shorter period of time than you ever imagined.

Success Principles

Living Life with Purpose

Thursday, February 17th, 2011

Once you begin living your life with purpose, notice how your resentments are mere obstacles in the way. The focus and energy you have are so strong that you can’t wait to remove them altogether, so you can feel the deep power of your life’s purpose.

Listen to that internal, driving force that continues to draw you near what you really love. Pay close attention to it and respond.  Live life consciously and be aware of the happy moments you experience in life. Ask yourself, when have you felt most alive?

The movie Shawshank Redemption is a superb illustration of the amazing things that occur when people wake up to their purpose. They carry that purpose with them throughout the day, every day and that purpose becomes the driving force of all the actions they take. They ask themselves every morning when they wake up “How could I use this? How does that help me with my intention of breaking out of here? What’s useful here that would be of benefit for what I’m trying to accomplish?”

Living a life of purpose, versus personality, is a way of converting bad news into useful news. Most people, upon hearing “bad news,” will allow themselves to slide down the ladder into a state of depression or adapt their mindset to a negative way of thinking about the world.

On the contrary, if you’re in the midst of creating something and some particular news comes in, you’re able to look at the situation different and ask, “Given what I’m up to in life right now, how can I use this?”

When I work with a client, I lead them down a path that allows them to gain great clarity about what their purpose is in life. Next, we create and when we’re creating, the energy is flowing into them because they’re so focused on “purpose” and not “personality.” Being focused on who you think you are, forces the energy to flow away from you, giving you the false perception that all the power lies outside of you.

Living Life with Purpose