3% of all business owners make 84% of all private biz income. Why? They’re not covering for unknown weaknesseses.
3% of all business owners make 84% of all private biz income. Why? They’re not covering for unknown weaknesseses.
This article was published on December 07, 2008. So far, 8 people have left their thoughts. Share your own thoughts.
When?
“The secret of getting ahead is getting started.” Mark Twain
Jeanne, a friend of mine who owns a corporate training company told me how she got started. Or actually didn’t.
She had all the plans, the syllabus, the locations. She was building a network, too, but couldn’t figure out how to actually get business. Then she went to a conference for HR professionals (her target market) – about 100 people showed up.
The moderator started the day by asking if anyone had any workshops, seminars, or events to announce, and if so, would they like to pass around a sign-up sheet. Jeanne didn’t have anything planned at the time, but realizing this was her best shot to reach 100 people in her target market, she took a yellow pad, made up an event title, put a date on it, and passed it around.
One guy signed up. Jeanne was disappointed in three ways: 1) One guy signed up, and 2) now she was committed to an event that she hadn’t planned and wasn’t ready to execute, and 3) she would likely lose money on the event.
Even though the event was only four weeks out, she ended up getting 18 HR pros to come and it was a big success. After a few months of going nowhere in her business, she had made a big splash and was on her way. Why?
Because she decided to do something, and more importantly, she put a date on it.
And she couldn’t weasel out of the date because others knew about it and were depending on her to follow through.
It is amazing what happens to us when a) we decide to do something, b) we put a date on it, and c) we go public with the date.
Know anyone who has been engaged for years? That’s because they decided to get engaged, not get married. When they actually decide to get married, they’ll put a date on it, and both of them will be changed forever.
Planning an event or setting a Waypoint in our business won’t change us like setting a date to get married, but you get the point. It will change you. Try it.
Get started. Create a Waypoint for increased sales, for firing your job and going out on your own, or replacing an employee, or an event for potential clients. Then put a date on it. Then make sure enough people know about it that you can’t weasel out. It will create a sense of urgency that will change the way you do business.
And check your “goals” and next years “business plan” for dates. “1st Quarter” is not a date. “2009” is not a date. Put specific dates on every action you plan to take, and watch what happens. For some it’s even a good idea to put a time of day on it. Even if the day/time is months away, you will see the clock ticking in your head when you do this.
“When” shouldn’t be such an unusual question in business, but there’s no secret as to why we avoid it. It actually makes us change, and we don’t like change, even when we’ll make more money in less time by changing. So we “make decisions” that aren’t decisions to avoid actually succeeding.
“The secret of getting ahead is getting started.” Mark Twain What are you stuck on? Put a date on it. Let other people know. It will change you and you will make more money in less time.
Next week we’ll hit the most important question in business.
You’re too busy making money; no business can survive that. Your business should give you both time and money. Not just money.
I started Crankset Group out of a desire to help small businesses in the Denver, Colorado area grow and mature. It continues to mature itself as we bring a lot of the tools and practices that I’ve created working one-on-one with business owners over the years online. Now these tools and resources are available to you.
Twitter is a great way to get ahold of me or interact with me.
I’d love to let you know what I’m up to from time-to-time.
Add Your Own
Thoughts
Bob Pottter
12/07/08
Hi Chuck,
This one hit home with me because I am currently working with a personal/executive coach. He is working with me on setting goals, determining options to achieve those goals, determining obstacles that will hinder those goals, and finally, setting a date for the goal.
It has helped immensely in getting to where I want to go.
All the best!
Ankesh Kothari
12/08/08
Excellent post Chuck. Loved Jeanne’s story. Stumbled.
One of my fav quotes is “Its not desire, but expectation that move the world.”
Unless you create external expectations for yourself, moving forward becomes harder and slower.
Lavin Mirchandani
12/08/08
This is an amazing post!
“A decision is not a decision until we put a date on it. Until then, were just playing office.” – This is so very true.
On a personal front, this piece is very well timed for me.
U get a stumble from me too ;)
Chuck
12/08/08
Bob,
Great feedback. It’s funny (strange) that we look for community in every aspect of our lives, then go start a business and try to do it ourselves “John Wayne” style – the rugged individualist. We need others.
Ankesh,
Great quote – desire vs. expectation. I’ve done a lot of activity with the desire that it would bear fruit, but until I expected it to, I had trouble getting to the finish line.
Lavin,
Thanks for the “stumble”! :) Glad the timing of this works for you – please keep me/us posted on what you are deciding and when – I would be glad to be an encouragement along the way.
Jeff Brown - Alpha Computer
12/09/08
Once again Chuck, great insight. The solution almost seems too easy to be true. But it is true. I have a project that I have not put a date on. Now I am going to put a date on it. Thanks Chuck.
Kristin Salada
12/12/08
Sorry I missed your big gathering! Loved your quote on “just playing office”… lots of our clients are good at that game. Apparently I do it too… I was networking with a coach over coffee the other day and shared an idea I have for 2009. She asked, “what date are you going to launch that by?” Clearly I wasn’t too committed as I can’t remember what I said! So, the date is now February 14th – thanks for the nudge.
Chuck
12/12/08
Kristin,
Great feedback – thanks – and nicely done on going public with the date. Velentine’s Day it is!
Cathy Burkhart
12/14/08
Chuck,
This was a great post and spot on. After hearing you speak two weeks ago, another Lady and I who have alot in common business, planned an event and sent out the invitations (something that I have never done before). We decided to put more emphasis on “Taking care of yourself in these stressful times” and tying in the Holiday as opposed to all business. We are doing presentatiions on just that and will do drawings for great Give Aways. Our event is coming up this Friday and we have gotten back so many rsvps. We are so excited and have you to thank for giving us the guidance to just start. No matter how it goes our “deeper” relationship building is in work. Thank you!
Chuck
12/22/08
Cathy,
How did your event go? I’m anxious to hear. It sounded great. Remember, the key is not the event, but the follow up we do from the event to deepen the relationships that were kick-started by the event.
Keep us posted!
Linda Phiri
03/17/09
I am new to the blog, and came across it as i was searching for a business idea. I am a qualified accountant in a developing country and i am fast getting bored of being employed. Really want to go alone. Ideas are welcome
Chuck
04/30/09
Linda,
I just saw your post – I apologize. What kind of things are you thinking you might want to do?