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Jul

19

Goal Setting For The CEO - Are Your Goals High Enough?

By Joyce

Now that you are clear, as a business owner, a CEO, that setting goals and having the proper motivation to go after them, is critical to your business success, I’m going to twist your head around today!

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Goal setting is a tricky business.

This is especially true for the entrepreneur with huge goals in mind.

I have a theory that if you reach your goals all the time, you are not setting them high enough.

Ever fail? It’s the most painful time and the time that you will learn the most. What are you learning when you achieve your goals all the time?

Failure and success is a balancing act with a CEO. I love it when I fail. Do you? I learn from it, adjust, do it again with a different approach, and see if my efforts work. Try, fail, adjust, try, fail adjust, get lucky, adjust and succeed. This is really what goal setting is all about. It is, in my mind, what it means: always moving forward towards an end result.

You will have to set the goals high enough so some failure occurs. High goals mean you are in unchartered waters. The waters could be shark infested, too. In taking business owners into unchartered waters, they usually, not all the time, but usually, freak out. I like pushing them to their limits and then beyond because it tests their sincerity in reaching their goals and dreams. Many want it, few reach them, and so I just get right to it to see who I’m dealing with.

The correct method of goal setting is to set the bar so high you must fail. As a matter of fact, several failures are good. I find the large, stupendous goals are reached by the few business owners that get pummeled by their incredible failures along the way.

So, first step today: pick one goal you want to reach in the next 12 months. Make sure you then tie in some very real, tangible, almost scientific components to it:

  • What does your goal feel like
  • What does you goal look like
  • What does you goal taste like
  • What does your goal smell like
  • What does your goal emotionally feel like

For those of you with NLP training, you’ll get it. For those of you new to this, you will get it.
Work this out on paper, with a pencil. There is a direct correlation between the pencil tip, your fingertips and the nerves that go up your arm and into your brain, I believe. It matters that you physically write this out.

When you’re finished, double your goal in size and scope. Or, half the time you think it will take to get there. Freaked out? Wait until next week’s tip…..you should be as lucky as to have me as your business trainer!

Feb

23

The Three Steps To Building Success As An Entrepreneur

By Joyce

Building Success and Entrepreneurial Coaching
Breaking through the entrepreneurial glass ceiling is not easy for an entrepreneur. However, yes, it can be done.

What is the Entrepreneurial Glass Ceiling? It’s simple: we start our business, we work all areas of it ourselves. We think of it, we work it, we sacrifice day in and day out. Nobody can do it as well as we can nor can they do it with the same drive and dedication.

We skip time off and go ten years without a vacation. We endlessly hire and eventually fire people always searching for employees that are the clone of ourselves. It is an endless cycle where we are trapped within the limits of time and energy. There are only so many hours in the day that we can do it all. Eventually a limit is reached. That limit is the Entrepreneurial Glass Ceiling where we, as one person, can do no more.

When things go wrong, we go in like a bull in a china shop, shake things up and start again, building another cycle that will eventually end this way. There are very few entrepreneurs that have not experienced this endless cycle. Breaking through is again, possible, with the right actions done in the right way.

What are those actions?

The actions, an outline of what to do, will stem from setting up the big picture goal of getting your business to a point where it can run and make a profit without you. Most entrepreneurs, even on paper as an owner of a business, really only have a job. They are ironically trapped in a job within a company they own. The following three action steps, the “Three Steps to Anything,” can begin to free a business owner from their endless cycle.

Action Step 1
Do a thorough examination. No doctor will ever prescribe a medicine without performing an examination, and neither should you. Tinkering with your business can be catastrophic unless you know exactly what to do. So, step back and examine it first.

Action Step 2
Find solutions. Look at everything. Forget whether you like the solutions or not, just list them out. At a later time you can filter through whether they are positive or negative or you like or dislike them.

Action Step 3
Take action. Put the right solution in place for you and your business.

These are the three steps to owning a business, not a job. These are the three steps to breaking through the entrepreneurial glass ceiling.

Individuals and companies who tend to see the greatest success in developing and implementing powerful solutions that help their business to make a profit independently of themselves are motivated, open-minded, trusting of themselves and others, and quick to respond. In other words, they do these steps, they take action.

In business, the slower you react, the more money it can cost you as an entrepreneur. Individuals who tend to procrastinate often don’t trust themselves to “fail successfully” and likewise won’t trust others. Taking action will put the right systems in place to eventually free you from your job. It will create a business that support you, your skills and your lifestyle.

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