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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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I need a Business Turnaround

By on August 27, 2009 in Management

It had been another long week for Mike.

As he drove home that Friday night, he reflected on why his business had not performed as he had expected.

He remembered how exciting the idea was to have his own business.

He would be his own boss and have the freedom he’d always longed for.

Even if he made half the sales he thought were possible, he would be so far ahead financially; there hardly seemed any risk at all, and with all the profits he would make, he would be far better off financially

But things had not gone quite the way he’d thought they would. Every month there seemed to be more money going out than coming in.

It wasn’t just the wages bill, but also the fact that he had to buy stock to sell next month and pay rent and outgoings.

He dreaded each quarter when his accountant would tell him the amounts to pay his quarterly tax payments; and at the end of the day, even though he owned the business, he seemed to always be the last person to get paid.

Mike was in bad need of a turnaround. In fact he needed badly to do the 30 Day Business Turnaround.

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