The Hardest Business Task!

Yes, test your objectives. Yes, test your strategies. Yes, test your tactics. And, yes –first and foremost– test your concepts. It’s the only sensible way (before spending money on ideas that might sound great, but that fail to produce), to make sure your pursuits are solidly grounded and integrally connected. 

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What’s the hardest task in business? It’s really not hiring and firing, or funding, or maintaining operations, or making sales (though HR, finance, operations, and sales people may all want to lay claim to having the most difficult jobs). The hardest task is getting it in writing. Huh”? What’s “it”? And what’s so hard about writing? Writing what? 

I believe the most challenging of all business tasks is getting your direction and contingency plans straight. (Considering widely-published SBA findings that over 90% of business failures are attributable to “poor management,” knowing where you’re going is certainly Job One for most entrepreneurs.)

Writing your objectives clearly, simply, specifically, realistically, flexibly –and with a due date attached– has proven time and again to make the difference between revenues and profits, between success and SUCCESS!

The more principals, partners, investors, advisors, managers involved, the harder the task. It becomes exponentially difficult because –to have any value– everyone involved must agree at least somewhat with every word. In other words, agreeing on a precise target is sometimes the most trying of all challenges.

Is it (your target objective) the same as your Mission or Vision Statement?

No, but it probably needs to directly reflect both.

Whatever the objectives (or goals) are that you verbalize for yourself or your business, they need to be:

A) Missions in and of themselves, and they must fit conceptually under the umbrella of your own or your company’s overall Mission Statement.

[If your objective(s) fail to measure up to your overall Mission Statement, or don't quite fit under its umbrella, re-examine where you're headed with things. You may need to switch gears, or direction, or timing, or desired results.]

B) Following the path of your Vision Statement.

[If this isn't happening, redirect your focus or re-visit your Vision Statement to consider some adjustments.]

Can you make changes and still be “on-target” with your pursuits? Absolutely! Remember that flexibility (together with realistic, specific, and due-dated) is one of the key criteria for effective goal-setting. If you’re not reaching the goal you defined, be flexible enough to redefine it, or change the tactics you’re using.

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Hal@Businessworks.US   302.933.0116

Open  Minds  Open  Doors

Make today a GREAT day for someone!

 You’re an entrepreneur?

You’re probably the

 runt of the litter!

Ask anyone who’s made it big in the service business, and the odds –by my calculations– are roughly 9 out of 10 that she or he did it by staying small. Makes sense. Most runts of the litter have entrepreneurial zeal and instincts. They scrap, scrape, and battle for food and attention from the day they’re born.

And runts make great dogs but not always great parents, which raises a key how-to issue about staying small. From my experience, there’s hardly ever a good and reasonable reason for adding payroll employees when you’ve passed the point of generating strong revenues on your own..

At most, you may decide to put an assistant on payroll, but herein lies the secret to continued growth: The person you choose must be dedicated and loyal to you at all costs. He or she must be a super organizer since –as an entrepreneur– you’re probably not. This individual must have no greater purpose than to make you successful.

In other words, do NOT seek a creative thinker. That’s your job! Do NOT seek a super salesperson. That’s also your job! Find someone you can trust absolutely all of the time. Find someone who will be assertive with other people on your behalf. Find someone who will rise to the occasion, who does not need handholding.

You need a person with strong judgement skills, who can readily size up others (and situations) and who knows enough to know when to insist on over-communicating with you. In other words, if you need to hire someone, hire a leader. If you can find this individual, and it may take years of searching, you won’t need anyone else.

Anyone else you take on should be on a commission, performance incentive, or parttime basis. Once you add a payroll position, and get the wrong person involved, you commit to stagnation and foreclose your prospects to succeed; you commit to the odds of adding expenses without being able to cover them. You commit to status quo.

In a product business, you need only to add skilled labor on a highly selective and prudent basis. One person with know-how, and the drive and energy to do the work of two people at one and a half times a one-person salary is far better than two people doing two jobs for three-quarter person salaries.

The bottom line: Runts of the litter excel as entrepreneurs. They are more independent, inventive, industrious, and self-sufficient. Rather than waste time looking, they will use a coin for a screwdriver. But once in a while, they need to back off and do some hard thinking about where they’re headed and where the next bone is coming from.

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Hal@Businessworks.US   302.933.0116

Open  Minds  Open  Doors

Make today a GREAT day for someone!

What will you do with

your time this year?

2) The E c o n o m y

3) The Economy  

4) The Economy

 5) The Economy  

6) The Economy

Standing 30 million strong, America’s entrepreneurs and small business owners are a force to be reckoned with. But we who own, run, and manage small business enterprises are all independent-minded. Who is there to pull us together? The SBA? A joke. The White House? A bigger joke. Corporate giants? HA! Unions? Right!

There’s no rocket science here: A strong economy requires new jobs from small business. ONLY small business (especially new small business) creates real jobs (vs. artificial ones created by government and unions). Innovation is the trigger. There is –and has been since 2008– ZERO support for small businesses to be more innovative to create jobs. Voila! Economic Quagmire!  

The only recourse we have for moving forward in a productive direction, that can make a difference is to grow our businesses to the point of stimulating increased innovation, comes in two assertive steps:

• Take the time out of our business lives to do something about prompting a change in our favor. [Government has made sure that there is no other choice. If we don't take the time, we will not have any business left to start with.]

• Prod ourselves to become more active voices in our industries and professions and in every community that supports our business, to speak up for small business.

But I don’t like having to be political, says you? Well, sadly, it’s another no-choice situation. More here on that. The point is you must behave as if you were a candidate running on the PP&N (Preserve, Protect & Nurture) Small Business Party ticket. No, you need not become as despicable, overbearing or annoying as the role models.

It’s all about speaking up for what we believe in. If you simply feel you cannot live with that option, then find someone who can fill the role for you.

Recruit an advocate. Look around your business associates, family members, and those who live in your neighborhood. Find someone who can help advance your ideas and thinking about small business enterprises to be your spokesperson. Ignite your own crusade for meaningful incentives for innovation and job creation.

Make sure the person or group you select supports your position and agrees with the need to vocalize your interests to others. You provide the road map for this effort. Should it include, for example, giving talks or presentations to local organizations? Being available for news release follow-up contact? Ghost-writing a blog?

Oh, I’m sure it goes without saying, but reminders can be useful: You won’t find someone to help with this by not looking. Start now so we can breathe more life into small businesses to make a difference on November 6th.

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Hal@Businessworks.US   302.933.0116

Open  Minds  Open  Doors

Make today a GREAT day for someone!

 is not always transparent!

Every winning sports and business team has a sparkplug — THE one most enthusiastic, energetic, pumped-up, mover and shaker who ignites her or his teammates and gets them focused on achievement.                
                                                                                                                                                                                                                

Combined with what most of us might designate as leadership qualities… trust, authenticity, integrity, empathy, compassion, active listening, speaking clearly, sense of humor, teaching by example, et al…the single sparkplug ingredient, the piece that brings it all together, comes quietly from inside… and is not always transparent. 

“Sparkpluggyness“  is not tangible, obvious, or even evident in many cases. It is a fire-in-the-belly sense of desire and mission. True leaders exude it, and usually without ever even noticing or acknowledging it. It’s something that “just happens” as many have shared along their career paths.

So how does one begin to cultivate and nurture the characteristics that lead to rewarding practices of inside leadership? Do boosters work? Energy drinks? Coffee? Drugs? Ginseng?

One might best begin with a large dose of self-esteem, let that percolate into self-confidence, add a dash of deep breathing, proper exercise, enough rest, nutritional foods (and obviously eliminate addictive tobacco and alcohol products along the way), and work at mastering the ways of dealing best with your own stress.

Try whatever comes along until you find the one thing that best works for you. Is it jogging? Lifting? Yoga? Massage therapy? Playing with a pet? Pursuing a hobby? Swimming? Gardening? Painting? The answer is different for every single person. But you’ll never discover what’s best for you if you aren’t continually experimenting.   

This is all about getting in touch with your inner self and firing up that furnace. If YOU don’t know what makes you tick, you’ll never be able to know how to best figure out what makes other people tick, and how to best deal with them to get them motivated.

Even Maslow’s Theory of Motivation relies one-hundred percent on a manager’s ability to “size up” others to be able to best reward them at a level that’s most meaningful to THEM. If you give me a plaque when I most want a more impressive title, you’re wasting my interest and sense of teamwork. You will not gain my commitment.

This little piece of leadership need not be for public consumption: The more you know about what makes YOU go, the closer you are to understanding and motivating others, and the more you can succeed at getting others to achieve, the better a leader you become and the more you will accomplish, transparently or otherwise.

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Hal@Businessworks.US   302.933.0116

Open  Minds  Open  Doors

Make today a GREAT day for someone!

The best New Year’s

A Mission?

Does Your

Mission Statement

Have Vision?

You’re getting ready for 2012 and you’re confused? Gee, hard to imagine . . .

Just because the media and politicians tell us the economy is getting better? Just because we’re looking at a healthcare reform that has absolutely nothing to do with healthcare and everything to do with costing small business more? Just because enemy combatant terrorist situations surface from those we’re told are not really terrorists, and from circumstances that we’re assured do not exist? Just because global warming hoaxsters had us running to refrigeration investments?

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We’re probably feeling like confusion is nothing new, right? So why not live with a little more?

Well, here’s why: The business you own or manage doesn’t need to be as misguided and convoluted as politicians and the media. Remember they get paid for creating confusion. Your success depends on keeping things simple.

Keeping things simple starts with attitude, awareness, and hard work.

First off, don’t let anyone tell you to work smarter and not harder. That’s baloney! Every business success comes from hard work. Next, don’t let people confuse you about the characteristics and values of Mission and Vision Statements. [No, they are NOT the same!]

A Mission statement is essentially a declaration of intent, challenge and pursuit. It is your goal statement that clearly and succinctly explains what you plan to accomplish over what specific period of time and by what means. It is action-focused.

And, like every meaningful goal, your Mission Statement needs t0 be specific, flexible, realistic and have a due date. [Without all four criteria, you've nothing more than a wishlist fantasy!]

A Vision statement is a summation of where you see your business in 5-10 years. It is a picture you paint in your mind and share with others. It answers the question: If you succeed in your mission, where will you be?

It’s a set of words that best describes what you imagine to be your future state of existence, and how you expect (hope) to be viewed by others: your employees, associates, vendors, customers, markets, industry or profession, and community. It is dream-focused. It’s primary value is to inspire pursuit of your Mission.

What’s your Mission for 2012? What’s your Vision for 2020?

Oh, and in the same fashion that it helps to start ANY mission with 20/20 vision, it is often most useful to put your 2020 Vision on the table (to keep focused on it) while you develop your 2012 Mission (or while you think up the ways to get where you want to end up).

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More FREE insights on

 2012 “LEADERSHIP”?

Come visit me at TBD Consulting’s Jonena Relth’s site and comment on my Guest Blog posts:

LEADERSHIP TRANSPARENCY

“I” IS FOR INTEGRITY

and “T” IS FOR TRUST.  

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“…To face unafraid

the plans that we made…”

to overhaul

your workspace!

Changing your daily routine can be just as stress-relieving as taking some time off.

I’m not suggesting that you abandon holiday relax time to keep working, but when the rest of your business universe slows down for Christmas and Hanukkah, it’s a great opportunity to clean up, dress up, reorganize, reassess, take inventory, take stock, plan, and set goals.

Rattle your own cage! Start by creating a better workspace. Move furniture and tools. Open drawers and clean out old stuff. File away work that’s done. Sort through magazines and newsletters; sticky-note items you want to read and toss the rest.  Reassess your lighting (and fixture bulb replacement status). Is clutter off your floor?

Can you actually get into storage areas without climbing and sucking in your gut to squeeze through? Are the backs of shelves and closets in easy reach or does access pose the need for Olympic prowess? Are your alarm systems all in good working order? Are window coverings and locks in decent shape?

Are too many door/truck/car keys, or computer codes/user-names/passwords floating around?

Does your waiting area match the level of professionalism you want to project? Dead bugs in ceiling light fixtures and dead or dying plants do not inspire much sense of confidence in professional practices, maintenance or medical supply businesses, florists, landscapers, or any kind of healthcare, food or food service businesses, among others. 

The dead bug/dead plant solutions, by the way, are not to be nurturing live bugs or plastic plants, both of which speak equally negative to your attitude and reputation. Go with no bugs, and if you can’t maintain plants to be permanently healthy, go with no plants as well! And the same goes for beat up outdated magazines!

If you think this is stupidly basic input, start to notice what you see when you visit other businesses. How many restaurants and coffee shops have you left with indigestion after facing mounted TV screens locked onto news channels? When you’re done cleaning up and reorganizing outside your self, step inside for a few overhauls!

You will never get this chance or this day back again.

Make the most of your opportunities.

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Hal@Businessworks.US   302.933.0116

Open  Minds  Open  Doors

Make today a GREAT day for someone!