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What To Do When Things Aren’t Working Out!

By on October 1, 2009 in Mindset

What do you do when you feel stuck or completely discouraged in your business?

Do you reach out to others or do you slide into a quiet place and feel sorry for yourself?

Denial castle is a favourite place for people, BUT no one was ever successful from there.

  • Find some people who you can talk to.
  • Find some people who can offer you helpful suggestions.
  • Find some people who have successfully got out of where you are.

Give up the temptation to withdraw and get on the front foot with the help of others.

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You must be rich!

By on September 17, 2009 in Mindset

I was recently in Cambodia talking with a group of small business owners and made the following remark.

“When you tell people that you have your own business they always think you’re rich.”

They all sheepishly agreed but often felt hurt because they wished they were rich BUT seemed to be always struggling.

Many small business owners are misunderstood and struggling with no one to talk to about it.

That’s the reason for our One Sherpa online community.

To encourage and empower small business owners who want to be rich and find where the money is hiding in their business.

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Other People’s Perspective – The Great Accelerator in Business

By on September 10, 2009 in Mindset

When was the last time you reached out to someone and asked for help?

Have you been pushing people away without realising that they are genuinely trying to help you?

Have you become so convinced that you know your business so well it’s difficult to find someone who really understands and can help you?

In my life I have learned that getting other people’s perspective on things can be the most important accelerator in my business.

So why have I often not been intentionally looking for people to input into my world.

Basically it’s that word PRIDE. And I’ve found that when pride is present I can often be locked out of good thought and input from others.

Please understand me; a healthy sense of pride is important in any business so that things are done excellently, but when it get’s exaggerated it can lock you away from the input of others.

Climbing the mountain to the pinnacle of success is not a ‘go alone’ exercise.

It requires the help of others and requires you to remain open and welcoming to the input from those around you who often care for you more than you realise.

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Fear – the great paralyser in business

By on August 14, 2009 in Mindset

I have an ingenious way of working out whether you might have a fear issue around money.

Picture yourself standing in front of an ATM machine.

You have deposited money into your account and are certain that you have funds to withdraw.

However the bank has made an error and your account has been frozen. You go to make a withdrawal of $100 cash and the machine comes back and says “Insufficient funds.”

What goes through your head?

What emotions are running in your body?

When I went through this role play FEAR was the overriding emotion!

When FEAR is strong it can have a paralysing effect as well.

I would probably have stood there not believing it was true and unable to do something about it immediately.

Although this is an exaggerated exercise everyone at times has fear enter their world through uncertain circumstances.

Maybe it’s about putting up prices?
Maybe it’s about losing a contract?
Maybe it’s about losing a valued employee?

At the bottom of these situations is often a negative financial situation and as a result the lack of money can bring fear into your world.

The antidote to this is realising that the world isn’t coming to an end as a result; even if it feels like it.

Having an overall sense of your business health and how the financial part works will bring a higher degree of certainty to your situation and with that you can be more future confident.

These situations then become mere bumps on the road to success.

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Making Mistakes

By on August 5, 2009 in Mindset

Why is it that we feel a degree of shame when we make mistakes?

Somehow when we went to school we were taught that you were only successful when you got things right. The corollary to this is that when you got things wrong you were a failure!

Have you ever made a mistake?

When you did, did you feel a degree of shame?

Shame is the reason why many mistakes get hidden and never brought into the open and fixed. Often people bury them because they do not want to suffer the shame of being found out, but making mistakes is part of the learning process.

When making the light bulb Thomas Edison did not get it right first time and did many different and varied experiments.

When asked about all the mistakes he said:

“I have not failed. I’ve just discovered 10,000 ways that won’t work.”

Learning from mistakes is a key part of being a successful business owner and learning transparently always speeds up the process to a better future.

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