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Carol on We're not getting it
Hurrah Someone at last talking sense. Watch cash flow - cash is king, be prepared for profit margins in the short term to be lower than the past, focus on delivering more functionality at a better p
Amber on We're not getting it
I'm with you guys on this one, the work is out there, you just have to go looking for it, not like in the past when work came to your door - the competition is strong, assuming your business practice
Chris on We're not getting it
Totally agree Mike
Ben on We're not getting it
I like Tom Peters ideas - well done on going to his seminar, pity about the disappointment. I want to tell you about a radical recession driven change I have made. GIVE AWAY WORK. Simple - I have a we
bede on Weathering the Storm - Jul 08
Don't agree with point number 6!
Eddie on Tale of Two Cities - Sept 08
I think that is one thing they understand in Dunedin, have similar experience, added value for being a student town.When you deal with the owners, you will get your service naturally as most people in
Alan on The Thing About Vision - Aug 08
Good sound advise. The road to wealth is not an easy one. Realistic planing and vision plus committment and financial planning are needed Just to "go" for it is the start to failure
Anthea on Put Yourself First - Sept 08
I have been there, hope I am not there again. It took a close staff member to die last month with no warning (41 years of age) it has made me re identify what is important and realise it is only ours
Doug on Put Yourself First - Sept 08
This sounds like a downward spiral indeed. Sometimes it helps to have a system to help get out of the spiral, eg Wednesdays are for me. I won't be in the office. And make it happen. When our kids
Danny on Put Yourself First - Sept 08
Some good points here and things that I have been guilty of in the past and oh sometimes the present too. Danny Sunkel www.dannysunkel.com

Self-respecting business owners

I have a business associate who has been very successful in business. What often strikes me is how seriously he takes himself, and I don't mean that in a negative way. He just has himself fairly squarely at the centre of things. The other day we were discussing our children's ages, and I mentioned my eldest's upcoming 21st. He surprised me by saying I must have started young.  At first I thought he was complimenting me on my youthful looks (!) when I told him I was 28 when Lucy was born, so I was a tad deflated when he said, "Gee, that's young". Of course it isn't young, it's about average. But it is young compared to when he started, which is his reference point for everything.

I thought about the connection between his success and his view of himself. Success in business requires something of that attitude. One of the reasons we do not achieve the heights we know we're capable of is a lack of self-belief masquerading as modesty. What I've seen in working with business owners over these last 6 years is how their progress and success has been linked to growth in their confidence and their self-belief.

How seriously do you have to take yourself?  Most of us probably don't like the idea of being thought of as that self-focused, but I really don't think there's much risk of that. My observation is that most business owners don't take themselves seriously enough or treat themselves with enough respect. For example, they will waste their time on trifling tasks because they are too trivial to waste anyone else's time on. They will allow poor performers to continue to operate in the business because they don't feel they have the authority to deal with it. More seriously, they consistently sell themselves short when it comes to their vision for the business.  Most people's failure to achieve their potential lies in the massive daily discount they apply to their dreams.

In the world of your business, you are the most important person because you represent the interests of the company. Regard yourself that way. Show yourself the respect your position deserves. Take yourself a little more seriously.

17 August 2009

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