Archive for March 2011
Hope and optimism
One of the highlights of my week used to be a video blog called “Optimistic Monday” by my friend Phil Begnett . Phil had a loyal following of people like me who loved the random upbeat messages that he posted on the theme of “every Monday is a fresh start”.
He even entitles one post “CTRL+ALT+DEL” as a way to show that we can escape and start again!
Phil, like many other folk had been badly affected by terrible news of a devastating tsunami in Japan and thought it was inappropriate to goof around on his video blog so he just acknowledged how he was feeling and signed off.
Full marks to Phil for being true to his feelings but it left me feeling slightly let down and pondering the way we deal with terrible news and the role that hope, optimism and especially laughter play in helping us to deal with them.
Hope is THE most important emotion for human beings to have.
Without hope we can’t live for long. Optimism is closely related to hope and I believe that is why Phil’s Optimistic Monday video was so popular.
I don’t want to diminish the awful situation that survivors of tragedies have to cope with but the truth is that many people do more than just cope. It is only because they have hope and optimism that they can move forward and, in many cases, rebuild lives that are even more meaningful than the ones they had before.
Laughter is the currency of hope
Laughter is one of the most powerful healing experiences. It is contagious and relieves isolation and loneliness. It is impossible to laugh and feel afraid at the same time which is why I value people like Phil Begnett who have a natural ability to make people feel good.
We need to feel pity and sympathy for the survivors of tragedies and do everything in our power to help but it is even more important to bring hope, optimism and laughter.
What lifts your spirits and helps you to cope when things look bad?
Posted in Inspiration | 
Tags: Currency Of Hope, Devastating Tsunami, Emotion, Experiences, Feelings, Fresh Start, Friend Phil, Human Beings, Isolation, Japan, Laughter, Loneliness, Natural Ability, Nbsp, Optimism, Spirits, Survivors, Sympathy, Tragedies, Truth, Tsunami, Tsunami In Japan, Upbeat Messages, Wtv | 
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How to grow a business
Why so many businesses don’t grow
Lots of people have great ideas for businesses.
Lots of people start new businesses.
Not many grow them into thriving enterprises that provide employment and contribute significantly to the economy of the country.
Too many people spend all their time working IN their business and hardly any time at all working ON it.
There’s nothing wrong with “lifestyle” businesses if that’s what you set out to achieve but so many people set out with different aims: to build a business that can exist without them; that can be sold; that won’t die when they retire; that will provide them with a pension; that provides other people with a good living; that is more than simply swapping their time for money.
A good idea is not enough to grow a great company.
Being great at what you do does not mean that you have a great company.
Companies consist of three main things:
Product + Process + People
Many businesses have a good product and great people but it’s the processes that allow them to grow.
This means that any job does not rely on just one person being able to do it.
Invest as much in the processes as you do in the product and the people.
Poor pricing is what keeps most businesses small.
Too many new businesses think they have to compete on price in order to get into the market. This is only true if everything else you have to offer is unremarkable and will only work if your whole business model is based on very small margins.
Keeping control of cash flow and understanding management accounts is probably THE most important factor in growing a business.
Money allows you to take the right business decisions at the right time but often the biggest decision that needs to be made isn’t a financial one but “Are you the right person to run your business?” Just because you started it doesn’t mean you have the right skills or temperament to do the day to day work of managing it.
If your aim is to grow a business rather than create a job for yourself, assuming that you already have a great idea, these are the top tips to make it work:
- Get enough capital before you start. Working just to cover your own wages is not a business.
- Estimate what you need and how long it will take to turn a profit and then double it.
- Don’t do any job that you can hire someone else to do better or quicker.
- Understand the finances of how a business works. It’s the most important job.
- Invest in processes so that no one person is irreplaceable – especially you.
If you are frustrated because your business isn’t growing as you’d like it to, give me a call. Sometimes a fresh perspective finds simple solutions that you are too close to see. I’ve seen lots of ‘slap head’ moments when talking to business owners about what can be done to make real progress! Call me on 07711 705038.
Posted in 12 Steps to Success | Tags: Aim, Aims, Bu, Business Decisions, Business Model, Business Money, Cash Flow, Economy, Financial One, Growing A Business, Invest, Job, Lifestyle, Management Accounts, Many People, Margins, New Businesses, Right Time, Temperament, Understanding Management | 1 Comment »
