Making the leap from entrepreneur to CEO isn’t always an easy journey. I’ve seen many people struggle with this transition. The ability to lead is not something you are born with; it is something you must constantly cultivate. And, the more success you have, the more leadership will be required. It is one thing to […]
I live and operate in a professional world where feedback is a part of life. I am fortunate to surround myself with people who pay for the privilege to hear what others have to say about their business, their decisions, and their actions. It is not always easy to hear even though we know […]
In small business settings once you get past the obvious knowledge and competency screens, success decisions are most often a matter of personal choice.
In business (and life), patience may be a virtue, but passion becomes a prerequisite. Being a small business owner is demanding work especially for founders and growth-oriented leaders. You truly must believe in what you are doing to overcome the many obstacles that inevitably appear on your path along the way. Most people wouldn’t even […]
When you own your business it is your sandbox. You get to decide who plays in it and what happens inside. Just remember that these decisions also have consequences. As an advisor to my clients, my role is to get them to appreciate this fact. I’ve often watched people make decisions that I don’t agree with. Sometimes I am right and sometimes I am wrong about what happens next. My track record is usually pretty good but far from perfect. I just want to make sure that these decisions are somewhat informed and well thought out. I am fine with being pleasantly surprised by good results that I didn’t foresee or anticipate. I learn from these situations as well – never underestimate the resolve and creativity of a committed leader. Most importantly, I strive to ensure that these decisions are aligned with the outcomes the client is aspiring to achieve. Success can be defined in many different ways and unless there is a moral or ethical component, it is not my role to judge.
There is a dark side to our competitive nature as individuals that often begrudges the success of others. I’m not sure why this and there are probably many psychological and neurological explanations. What I do know is that individual success is good for a community. In business this means more people get hired, employees have steady and stable incomes, more vendors get paid, tax revenues go up, charitable giving increases,and more discretionary dollars are spent on other things. The good news with entrepreneuers is that most of the fruits of their success stays local. We should root for as many people to be successful as possible.
It’s very important to celebrate your accomplishments! It’s easy to get wrapped up in the day to day aspects of running an organization and forget why you are working so hard in the first place. Being in business can be a bumpy ride especially these past few years. However, if you’ve been in business for any prolonged period of time you must be doing something right. And, it’s important to recognize those events, milestones and people who helped you get here and increase your likelihood of continued success in the future.
Everyone likes to be acknowledged and appreciated. It’s basic human nature. Hard work, determination and skill should be recognized. It’s been proven by many studies that top performers in all walks of life like it when you keep score. It’s no so much to feed their ego but more about being transparent about results and progress. You can only move the bar if you know where it already exists. Moreover, our innate competitive nature likes to know how we are doing vis-à-vis our peers and colleagues.
Every leader I know wants to be successful. In fact, they can usually articulate the generalities and specifics of what this means pretty easily. However, the majority of these same people spend most of their time simply “surviving”. Why is this? If it’s not a question of awareness, what is getting in our way? The answer is simple: our actions don’t match our thoughts, ideas or goals.
I’ve always enjoyed the company of fellow entrepreneurs and small business owners. It is inherent in their nature to be risk takers and problem solvers. They are rarely satisfied with the status quo and are regularly looking for new and better ways to do things.