Archive for November, 2015

Who’s Minding The Store?

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After I got out of the hot tub at 8:30 the one night, I noticed the water level was a little low. Since the hot tub is on the patio, it’s easy to refill right from the outside hose.

So I dutifully trotted over to the hose, dragged it to the hot tub, and started topping it up. It takes a long time for the hot tub to fill, so I left it running and went inside to watch an old movie.

At 10:30 PM, I poked my head outside to call the cat for its dinner. Yikes! The hot tub was over-flowing!

So there I was in my soaking-wet pajamas, bucket in hand, bailing out the hot tub at 10:30 at night. All I can say is thank goodness I live in the countryside; the only ones laughing at my escapades were the skunks and the possums.

I find when I do something really, really stupid, it often has a bigger message. After I dried myself off, I asked myself, “What is this trying to tell me?”

The pattern I found, not just for myself but for a surprisingly large percentage of my clients that week, was that we were all ignoring the basic watch-dogging that needs to happen when you run a business. Things like balancing checkbooks, looking at monthly profit-and-loss statements, reviewing website statistics, planning for marketing campaigns – we were too busy with what was happening “in the moment” to pay attention to business basics.

There’s nothing wrong with being present in the moment. In fact, it’s quite enjoyable to be full present and conscious to what you are doing. As a small business owner, you also need to be paying attention to the future, while simultaneously looking at the bottom line statistics that tell you how you are doing. It’s a lot of hats to juggle, but not paying attention to all these details can be fatal to your business.

So what’s a business owner to do? Find some way to remind yourself of upcoming events and monthly tracking. I created a two-fold system for myself.

  • First, I put a monthly recurring appointment in my Outlook calendar to look at my finances and statistics.
  • Second, I write out all the steps to a project, from concept creation to marketing, and keep that checklist handy so that bits of the project don’t get lost in the zeal of creation.

I also share this project plan with my team so that they can help keep me on track.

Don’t wait until you spring a leak to discover that you aren’t paying attention to all the details. Write them down and refer to your list often so that you can stay on top of things.

And never leave a hose running into a hot tub. It’s a sure-fire setup to a night of bailing out water!

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Category: Business Strategy & Planning
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What Really Happens in a Mastermind Group Meeting? Come, Peek Inside One

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Are you curious about what REALLY happens inside a mastermind group meeting with all that creative brainstorming and accountability?

An explosion of excitement and ideas rocked a seemingly innocent hotel conference room a few months ago. Over a two-hour span, local business owners learned how to mastermind together. For many it was their first experience being in the Hot Seat and getting help from a mastermind group.

Here’s what participants said to me afterwards:

  • It was incredibly freeing, to share my ideas with the group.
  • I learned from everyone, even when it wasn’t my turn in the Hot Seat.
  • I got so many great ideas, I ran out of paper to take notes.
  • Absolutely eye-opening… I have a whole new insight into a problem that’s been keeping me up at night.

Join me for a free Taste of a Mastermind Group! (You’re going to love eavesdropping on these mastermind Hot Seats.)

In this one-hour mastermind group session, three people will be on the “Hot Seat,” bringing their challenges, questions and idea needs to the group.

This particular mastermind group session will be about running and growing a business, so it will be extra helpful to those of you who are self-employed small business owners. (But even personal and professional development mastermind groups are run the same way, so this is a great chance to peek inside a group meeting and see the inner workings.)

This will be an All-Content-No-Selling teleconference.

You can be assured that our focus will be solely on the Hot Seats and watching a mastermind group in action.

Join me on Monday, November 16 at 2:00 p.m. eastern/11:00 a.m. pacific

Come and see behind-the-curtain into a real mastermind group meeting!

Experience the power of mastermind groups for yourself by attending this free mastermind group session.

Yes, the call will be recorded. If you can’t attend live, register anyway, and I’ll send you a link to the recording of the meeting.

Register here:

www.TheSuccessAlliance.com/taster/

If you’ve been curious what a mastermind group meeting is all about, or if you want to see how I run them with my own groups, please join us!

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Category: Start and Run a Mastermind Group