As an entrepreneur the objective is to build a successful, stable business. So, how do you know if you are on the right path? Progress often gets measured through ‘transactions’ – completing a certain number of transactions in a given time period. How many ‘jobs’ you complete in a week, how many orders you secure in a month or how many pizza’s you deliver in an evening.   Although there are many valid reasons to measure transactions, I would suggest that the secret to long-term success and stability is more closely related to ‘relationships’ and less about ‘transactions’. Think about it
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7 Reasons Why A Salaried Job Is Like Crack Cocaine! From time to time I work with individuals who are perfectly positioned to become business owners. They have lots of money, no debt, great skill set, likeable personalities, and a true desire to break out of the employee mentality. However, at the end of the process, they decide to return to a job. Of course, for anyone who is a business owner, this is exceptionally hard to understand. Why would spend your life preparing for freedom but when the opportunity is presented, return to a job? There is only one
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Some thoughts on Leadership and Vision from John Maxwell: ‘Without a challenge, many people tend to fall or fade away. Charles Noble observed, “You must have a long-range vision to keep you from being frustrated by short-range failures.” Vision helps people with motivation. That can be especially important for highly talented people. They sometimes fight lack of desire…. If you can see vision for your team, then your team has a reasonably good chance at success. Vision gives team members direction and confidence, two things they cannot do without.’ As a franchise coach, one of the first things I ask a
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As a Franchise Coach I often work with people from the corporate world. Folks who are coming to the conclusion that employment may not be a long term solution to their needs and goals. But what comes next? Occasionally we run into some statistics that really get our attention. That happened to me last week when I was on the SBA.gov website. I am directly copying the content from the SBA webpage: ‘One thing is for sure, as a small business owner you are not alone! There are millions of small businesses across the United States traveling the same road
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“What Do You Want to be When You Grow Up?” We all received that question when we were kids. What was your answer? Do you remember? Perhaps you wanted to be an athlete, a fireman, or our nation’s President before eventually settling into your current career, likely something far different from those early aspirations. However, when you think back to those early years, what were your parents doing? How closely does your personal career path resemble theirs? Odds are, your answer to that question is, “very closely.” That’s certainly the case for me as my father was a lifelong entrepreneur
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