610-793-6609 michael@achievable.com

Clarity is the Antidote to Uncertainty

We are living in crazy times and the levels of uncertainty are at an all-time high. Then, throw in the media blast telling us that the world is going to hell in a handbasket and our situation seems much worse than it is. I am not minimizing the pandemic or the challenges we are being presented; however we have to take charge of our lives and look for the opportunities we can capitalize on. We CAN come through this storm BETTER than where we started.

I was just reading about Rockefeller in his early days in business –  the economy was in a recession and he took advantage of opportunities all around him. In every adversity there is an equal or greater benefit to be found. What are the obstacles that you are facing in your business today?  Have you met with your team to brainstorm ways to overcome the obstacles?

All of our decisions are based on assumptions/beliefs. Have we checked those beliefs against current reality  to see if they are real or not? Two business owners, facing similar obstacles, different decisions. Why? Because their beliefs/assumptions are different. So, whenever you’re facing an obstacle, one of the smartest things you can do is challenge your assumptions. Ask yourself why  you believe what you believe.

What’s the Cost of Doing Nothing? In general, most of the business owners I’ve met aren’t very good at calculating opportunity cost. Opportunity cost is involved in every decision we make daily because whenever we’re saying, “Yes” to one thing, we’re saying, “No,” to something else. This is the number one reason you want to have extreme clarity around your strategy, your BHAG (Big Hairy Audacious Goal, Jim Collins, Good to Great), your purpose and your core values. Once you have clarity around these issues you can start to make better decisions.

One of the ways of solving any problem is to get a different perspective. As soon as we ask questions of ourselves and of our teams our brains will go to work and come up with an answer. One of the best ways to ask that question is to imagine that you’re someone else and then ask how you think you (being that person) would solve this problem. For example, if you were Steve Jobs, Tim Cook, Bill Gates, Warren Buffett, Thomas Edison, Elon Musk, Howard Shultz or Sheryl Sandberg.  Pick the person and ask: “If ______ were in my Shoes, how would he/she solve this problem or overcome this obstacle?”

Most strategies fail because of lack of execution, being driven by the tyranny of the urgent, being pulled by the inertia of daily operations.  Don’t let that happen to you.

How Important is it for You to Get the Next 6 Months Right?

In light of everything that has happened so far this year, what your going to do intentionally to ensure that the next months of 2020 are a success for you and your business? Do you have a clear and specific, written plan of action? Are you ready and equipped to thrive in the months ahead instead of simply surviving from crisis to crisis?

Dwight D. Eisenhower said, “In preparing for battle, I have always found that plans are useless but planning is indispensable.” Creating a plan and leaving it on a shelf to collect dust, never reviewing it or adapting it to changes in your market or the current economy is absolutely useless. Plans are meant to be revisited and refreshed and often your goals may need to be realigned. We are certainly not able to predict everything that is going to happen but if we are committed to planning, we will be more likely to thrive regardless of what happens.

Our plans are the framework for success. Even if we have to rewrite them, they will keep us on track toward achieving our core purpose. Lewis Carroll said, “If you don’t know where you are going, any road will get you there.” So, know where you are going and be willing to do what it takes to get there. Are you willing to set the time aside you need to plan for the future? Are you willing to do this routinely? How important is it for you, really, to get the next 6 months right? Do you have the team to help you get there? Are you developing your leaders? Are you working on your own personal and professional development?

The time is now! Don’t wait any longer!

If you are ready and willing to do what it takes join our Fast Track Strategic Plan Challenge beginning September 21, 2020 at 12 PM. Spaces are limited, so sign up today by clicking here.

5 Steps Toward Business Success

When running a small business, you face new challenges every day and your greatest resources are stretched and limited: time, effort and energy.  Business leaders who want to be successful need to rise above the urgent and focus on what’s most critical: the tough, strategic decisions that will drive your business forward and grow it faster. The more your business grows the more time you need invest in real quality think time.

 

Are you ready to finally have the freedom you want to focus on what really matters most in your life and business? You can start by following these steps:

  • Create A Strategic Plan: What is your vision and how are you going to achieve it? Without a clear vision, a well-defined purpose and a specific plan of action – you will be like a hamster on a wheel running in circles and never reaching a destination.
  • Share – Involve Your Team: Inspire your team with your vision and provide them with the information they need about your plan on a consistent basis. What is their role, what are their individual goals and how are you going to support them in achieving those goals? Solicit feedback and listen to what your team is saying. You want them to know that they are valued and important and what they say matters.
  • Track — Create Key Performance Indicators and monitor progress toward your goals. Remember to communicate this progress with your team.
  • Execute – Meet with your team in person or remotely on a regular basis. Meetings are where you drive execution, create accountability, and identify and resolve issues that are standing in the way of success.
  • Repeat — Quarterly Strategic PlanningQuarterly Strategic Planning is where you review your progress. Talk about what worked last quarter and what did not work. After evaluating the previous quarter, adjust and re-align your goals and plans if needed.

Are you ready to find clarity and have laser-like focus on your goals to get the results you want?  If so, join My Fast Track Strategic Plan Challenge. Click Here for more information.    +