Why I Pay To Be In My Mastermind Group
July 21, 2010
I’m still reeling from the long day I had yesterday with the Mastermind group I’m in. We’ve been meeting together for about a year now, usually by phone for a quick hour (once a month) but, three times a year, in person. And yesterday was one of those live-in-person-in-your-face days. Down in the bowels of a big hotel in LA we sat down to work together, to discuss the state of the entrepreneurial world we live in, to give each member time to stand up and put a personal business issue on the table, to get the comments, challenges, support, love, and bright ideas for our own businesses. And to give, in equal measure, to each person in the room.
I am a big believer in personal retreats, and I’m a big believer in putting your time and money out on the line to have the opportunity to hear about other people’s businesses, to starkly state what is going on with your own business, to get challenged and called on your stuff, and to get the wonderful amalgamation of ideas, resources, and help from each other. In a good group, there is bare honesty. There is no time for positioning or fakey stuff. In fact, a good group will catch you and call you before you even half-way get the dishonest or fake stuff out of your mouth. I’m blessed many times over to be in this group. We know each other, like each other, trust each other, and love each other too much to let any one of us get away with being less than we are called to be.
So, yesterday, it just happened that we had a magical day. Everyone was thirsty for the day, everyone is facing honking big personal challenges, everyone is stepping up to a much bigger vision of themselves and their business. Let me say that again. In order to step up to the vision you have for your business, you will be challenged to step up and handle your personal stuff. You cannot do one without the other. And a good Mastermind group will hold you to both, knowing that you can’t be half-assed about your growth. It is worth every penny I pay, the time away from business, the plane fare to do this. Seven other people have my back, and at the same time are asking me, “What in heck are you doing THAT for?”
I just love being in a room with people who will put it right out there on the table, no matter what, who have this truly deep commitment to exposing their thoughts and plans and visions and are willing to take the suggestions even if they are rigorously proposed. We all are kind, but we say it as we see it and we challenge each other. There is laughter but there are tears, too.
I’m honored to know these people, to sit in the same room with them. I love their brightness and their willingness to put it out there, to create something out of nothing but their own vision, which is often felt as a calling. It fed me. The more experienced I get in life and in business, the harder it has become to find places that feed me. In this group we get it that when we talk about our work, we talk about our soul at the same time. The two begin to merge until one’s work is literally a part of one’s spiritual practice. This group understands that. And that’s why I pay with my money and my time, and will fly anywhere to sit with these people.
I’m truly excited to be the creator and visionary of my own work, and I love more than anything to sit with others who are creating work from their own inner visions. I see a group of new, energetically savvy, intuitive-based entrepreneurs that is emerging rapidly to help solve the many issues that face us. For me, it was delicious to have a day of talking and listening. Sometimes, words didn’t matter, it was the energy, the vibration, the vibe in the room . This group gets it that there is no standing still and no status quo. Even if it upsets them, or scares them, they step up. Their brightness is amazing. You can hardly get a sentence out and 4 other people are nodding and taking off on the tail of it, enlarging and supplementing and feeding it back with new ideas. There are no blank stares and “let me think about that.” It is quick, lots of movement, energy flying. Everything is noticed.
I pay for what I learn, the support I get, the opportunities I have to support others, the challenges I’m given. I pay to stretch myself and get out of my own head. All truly successful solo professionals do this. We don’t whine about the money, we cough it up and we come out to play. It’s like putting your life and your business on super-oxygen for a day. At the end you have a zillion ideas and resources, but you’re kind of gasping for breath. Those of you reading this post who are in the group, thank you. I can’t wait until September when we see each other again.
How To Waste Time & Money on Marketing
June 20, 2010
I’m often asked to help solo professionals re-vamp old and never-used marketing plans, but I can’t do it without a mindset check first. Why? Because the surest way to waste your marketing budget and your time is to be unclear about what your business is about, what exactly you offer that benefits your customer, and why anyone would want what you are offering.
A few weeks ago I was listening to a potential client voice her concerns that her accounting firm was not “changing to meet the times.” She wanted her other two partners to get enthusiastic about a new specialty for the firm – adding on accounting services specifically for the elderly and the adult children who often end up having to manage their parent’s finances from another state. She has quite a bit of passion about this idea and feels that the demographics support it. She wanted to hire me to help them come up with a new website and 12-month marketing plan for this new part of the business.
After just a bit of questioning, I found that the other two partners didn’t support it. Older than she, they were nearing retirement and felt they had enough work and enough money. They were past the point in their careers where they wanted to build something new. This fact threw new questions into the pot. Would the woman push forward, putting her own time and money into the effort with only luke-warm support from the rest of the firm’s partners? Would she break off from the firm and establish an entirely new business? If she did that, did she have the money to both establish a new firm and build a new service at thet same time? Would she do some of her old work to give her financial footing, and only work to establish the “geriatric” accounting services part time? Was she positioned well in her personal life to take on breaking away? Could she bring the other partners around to her point of view?
While she was impatient to “get started” I was not! The mindset and marketing required to make such a new endeavor pay off would be very different if she went out on her own as opposed to remaining part of the existing firm, which had been together for many years. My experience is that creating and implementing a marketing plan means that the basics are already in place. Otherwise, it’s too easy to spend time and money only to decide that you must go off in a slightly different direction because of the shifting ground of your business and personal life.
My focus for working with the person became helping her envision how her idea might best work, the structure it would take to support it, assessing if she had the personal and professional ground in place (she was recently divorced, had just lost a parent, and had been ill for months with mono). After that ground is firm, we can build a kick-butt marketing plan. But you gotta answer the deeper questions first. Otherwise, you’re going to waste your entrepreneurial energy. And that’s a precious thing to waste!
How Far Will You Stretch To Grow Your Business?
June 15, 2010
My hubby and I were out on the lake a week or so ago and snapped this picture of a cedar tree that has bent itself way off the shore to grow. It’s probably been hit by lightning in the past, refused to die, and began growing in another direction, toward new light and water and freedom. It may be an unusual shape for a cedar tree, but it’s fully alive, fully a part of the forest around it.
As we were drifting away from “seeking cedar” as we called it, I started thinking about how much we have to be willing to grow, in our own unique way, to create the fully alive life and work we crave. The work I do with others about their business often becomes about their personal life, too. Why? Because we can’t develop into the entrepreneurs we want to be without changing those parts of ourselves that hold us to the normal, everyday life. As solo business owners we have to be adaptable, just like this “seeking cedar” tree. We have to reach for the nutrients we need even if it means growing away from the shore that has supported us, or looking a little different than others who work for themselves. In fact, the more we know ourselves, the more we know our uniqueness, which is, after all, what others buy from us. Just like this tree, we have to stand out to be noticed. If we insist on blending in, we make it much more difficult for people to find us and want our services.
Here’s a quick exercise you can try that will help you understand how much you are willing to stretch to build your business. Get into a quiet spot for about 15 minutes with a pad and pencil (or your laptop if you consider that a thing of the past, LOL). Ask yourself:
- What two things stop me from being all I truly can be in my life and my work?
- Am I the one stopping myself from removing these two things, or is it someone else?
- Am I willing to stretch myself to change or remove these two things?
- What will I gain by stretching in this way?
- What’s the worst thing that might happen? And what happens after the worst thing has happened?
- What’s the best thing that might happen? And what comes after that?
You can use these questions whenever you are scared of an opportunity that presents itself in your business. They will help you to see what you should do, what actions or thoughts will serve you the most in building your business. Just don’t be surprised when you realize that stretching to be the entrepreneur you can be also stretches your personal life. It’s a hand-in-glove proposition – when you stretch one, you stretch the other. You can die in place when you’ve been pushed or shoved, or you can become a seeking cedar and stretch into a brand new space.
Wish, Hope, Pray Marketing
May 24, 2010
With apologies to one of my favorite authors, Elizabeth Gilbert, I want to ask you to assess your marketing with a cold eye and an honest look. Tell me…..is your marketing system based on the wish, hope, and pray method? Here are some signs that it is:
- No one in your organization has a clear mission of responsibility for creating and running a constant marketing system.
- Marketing falls to the back of the list after client services, bookkeeping, scheduling, errands, and dusting the office.
- Networking in the community and on the Internet is catch-as-catch-can and is handed off to the least busiest person.
- You have no idea how many new customers you have gained in the last 30, 60, or 90 days.
- You have no idea how many customers you haven’t heard from in the last 30, 60, or 90 days.
- You don’t really like to market, think it is hard to do, and believe that great customer service alone will do the trick.
- Your marketing system consists of trying to upsell existing clients when they are in (think about the hair salon syndrome….you can’t get out of there without running the gauntlet of hair product, make-up, and spa service suggestions every single time you are there).
If even one of these hits home, you are in the wish, hope, and pray mode and you need to get out of it, fast! Consider your business as a three legged stool, the three legs being marketing, customer service, and expertise. Each of the three legs is completely dependent on the other two, as the stool won’t work without them all.
- Your expertise is what you do, your magic, your passionate purpose.
- Your customer service is all the things you develop and carry out to ensure your customers get 5-star treatment, including how you take care of displeasure and disappointment when it occurs.
- Your marketing is a planned, ongoing, automated system that feeds you a constant flow of potential new customers.
Each leg of the stool is key, and each is as important as the other. If you have sawed off a leg by your disinterest, busyness, or avoidance, I suggest you wish, hope, and pray before you sit yourself on the stool. You may balance for a little while, but in the end you’ll be on the ground. And that’s one place no entrepreneur wants to be.
How To Fail As An Entrepreneur
March 24, 2010
One of the things that catches up the entrepreneurs I work with is perfectionism. I see this almost every day, an unwillingness to 
launch a product, produce a video, do a live event, publish a book, launch a website unless it is perfectly done. The fear of failure is often immense. I think there are a lot of reasons for that, and I know that it is a peculiarity of American culture much more than in other cultures. We seek to be entrepreneurs who always shine, don’t make mistakes, and look perfectly in control.
The problem is, holding perfectionism as your goal means that you are always chasing your tail. Just like a puppy who goes round and round until exhausted, you chase after yourself. You go round and round, when what you want to do is move forward. I’ve had clients who take months to write perfect copy for a website launch, losing tons of time in building their list. I’ve had more than one mompreneur resolutely stay exactly where she is in her business, because every single time she will chose to service her family rather than her business, indulging in a fantasy of being the perfect mom.
It’s my job to help entrepreneurs lose that habit of chasing perfection. Replace perfection with curiosity. You give yourself much more opportunity for growth. You quit using perfection as your excuse.
- Consider launching your website with the copy you have right now. As the weeks go by, see how it draws people (or not) and change the copy if you need to. Websites are, in fact, never done. It doesn’t matter if your website isn’t perfect. It does matter if your website isn’t launched.
- Consider baking one less set of brownies for your child’s homeroom, or missing one out of hundreds of sports events. Instead, take that hour to complete and launch a new product or service offer, and consider that being a financially successful mompreneur might be just as important a model for your child than the memory of an extra set of brownies. Which serves you and your child more?
In Stephen Mitchell’s The Second Book of the Tao is a verse I often read:
“The mature person is like a good archer;
When he misses the bull’s-eye,
he turns around and seeks
the reason for his failure in himself.”
We have total responsibility for what we do. When we get stuck in seeking perfection, we use it to hide, to keep ourselves from being responsible. Instead of the problem being within us, we look for an outside person or event to blame. It’s much easier to say “I’m just not sure if the web copy says what I want it to say” than it is to to say “I’m scared to move forward.” It’s much easier to say “Oh, I have to cancel our meeting, I have a soccer practice to attend” than it is to say “I’m going to get this done now, it is equally or more important for me and my child.”
If you want to fail as an entrepreneur, practice perfectionism. If you want to make money, practice shooting the archer’s bow, and keep practicing until it hits the mark. Learning from what doesn’t work is just as important as hitting the bull’s eye first time out.
(c) Sue Painter
Will You Get Gyped By A Coach?
March 20, 2010
One of the conversations that came up at a retreat I recently attended was a fear of getting ripped off after investing in an expensive coaching program. Of course, “expensive” is in the eyes of the beholder…..but here are my thoughts about this fear and what is behind it, in this video.
Can You Really Describe Your Ultimate Target Market?
February 7, 2010
One of the real “rookie” mistakes made by new entrepreneurs is to completely fail to know her target market. This is something that is very easy to spot. A few of the signs are:
- Her business is not thriving, meaning she needs more customers and she is not financially successful.
- When asked who she works with, she replies “Oh, I work with just about anyone.”
- If asked to thoroughly and completely describe her target market, she is flustered and can’t give more than a sentence.
The “Oh, I work with just about anyone” response is one I’ve heard from both new and not-so-new entrepreneurs many times. So many times, in fact, that it now drives me a little nuts. When someone says that, they are setting no boundaries for who they work with, which is a deadly thing. Let me ask the “just about anyone” entrepreneurs these questions:
1. Does it matter to you if a customer stiffs you?
2. Are you open 24/7?
3. If you were, for instance, a seller of curtains and blinds, would you drive 400 miles to sell a set of blinds to someone?
Of course, the answer to each of these is almost always NO! And that’s a good, thing, because that entrepreneur has just started on a path of better describing her target market. Her target market are people who have the money to pay for her products or services, she works with those who contact her during specific days and hours of business, and she has a limited geographical area in which to sell her blinds. This isn’t a complete description of her target market, but it is a start.
You can picture the creation of your target market as setting fences and gates around a specific group of people with whom you really want to work. You might not be as blatantly obvious about it as the gatekeepers are at hot night clubs, where one must stand outside on the sidewalk and get personally picked to go inside, but that is one very good example of a business who is very picky about who they want to serve.
I’ve learned about finding your niche and describing your target market from 3 or 4 of my coaches and mentors, but the one who made me work the hardest to describe my market, hands down, was Suzanne Falter-Barnes. She has a very long list of questions that one must answer to get through one of her platform building classes. The first time I saw that fat list of questions I just about fainted. In fact, the document she proposed I fill out to describe my market was 17 pages long! Still, Suzanne knows her stuff and I was there to learn, so I plowed into the questions. At the end, I felt like I’d invented something akin to a kid’s secret playmate. I started getting actual pictures of how my target market person looked, how she dressed, what she spent her money on, and more. I got so familiar with her in that 17 pages of ruthless questioning that I decided I knew her well enough to name her, for Pete’s sake! And that is what I strongly suggest you do, too.
My suggestion is to sit down with your computer or a piece of paper and describe a “sample” person from your target market as if she (or he) is a character in a book you are writing, and it’s up to you to fill your reader’s head with a detailed, specific, colorful image of the character you are writing about. Describe age, education, the kind of work she does, where she lives, her likes and dislikes – anything you can think of that will add to the picture in your head. This may lead you to dig around on the web for demographic or other information.
Spend quality time here, for it pays off in the end. Ask yourself (with pen and paper or keyboard nearby) “who is the most perfect customer for me?” If you have a hard time doing that, prime the pump by listing the characteristics of your most favorite or best customer so far. From there, dream on. Who would be delightful to work with? Who would you dread working with? What characteristics drive you crazy? Who have you worked with who bugs you so much you hope she never calls you again? You get the picture – and that’s whole point. For here is a secret about financially successful entrepreneurs:
Those who describe and visualize their target market well have started the process of manifesting exactly that type of customer for themselves. You now have a vision of who you want to attract, in detail. Put that right on your business vision board and keep it in your mind’s eye, for who you focus on tends to come your way.
Having this vision and description on hand also makes it easier to walk away from business that isn’t right for you, doesn’t truly interest you, and has a downside to it. (The downside being that while you are spending time with uninteresting client A, you cannot very well be also working with or running into very interesting and exciting client B. This is called “opportunity cost.”) Realize that it actually COSTS YOU to work with the wrong customer, for you are giving up the opportunity to work with who is just right for you.
Taking the time to dream up your ideal target market person makes finding that type of person much easier. You now know where to focus your efforts. If you are spending a lot of time and money networking in a group of direct marketers, and these are not your target market, it’s time to make a change. Pull your time and money from the wrong group, and go find the right group. You’ll find more and better business in the new group and waste less of your precious time.
When you are creating marketing plans, writing sales copy, or pulling together a presentation you’ll be able to keep your secret target market person right with you, writing to them. There will be less agony over creating these things.
And finally, when you have the opportunity to build a relationship with a potential customer, you will be much more at ease because, after all, you will pretty much feel as if you know that person in a way. You’ll be confident that you’ve spent time with someone who has a much higher chance of needing what you offer. This will shorten your sales cycle and make you more money faster. I don’t know of any entrepreneur who doesn’t want that!
So, get that blank paper or computer screen and get going. Breath some life into your target market, and you’ll breath new life into your business, as well. It’s a win-win for every entrepreneur.
(c) Sue Painter
Who Is In Your Entrepreneurial Community?
February 6, 2010
For the past few years now I’ve experimented with just about every method of coaching and mentoring that is available to solo professional and entrepreneurs. All of them have their pros and cons. But one thing that I’ve come to know for sure is that if you are in your own business, you need a great community of like-minded entrepreneurs around you. Why?
- Running your own business is a solitary endeavor. Decisions are up to you and you alone. You need the perspective of other business owners to round out your own thoughts. The perspective of your employees (if you have any) isn’t the same thing.
- Your own energy waxes and wanes. I’m not talking about the moon or hormones, either. The best business owners know that their own energy has to attract others to them – good staff, great customers, good deals for rents or whatever else. And it is very hard to keep your own energy up where it needs to be without sometimes drawing from the good energy of others.
- Time inevitably puts you in the box. What do I mean by this? When you created your business you did it to put forward a new, not previously done type of business. You felt what you had to offer was unique and special. In other words, you were out of the box. But as time rocks on, your own thinking gets boxed in by the very dailiness of what you do, by your own fatigue, and by the fact that others will emulate you. To keep on re-creating a business that continually pleases and serves your customers, you need to keep yourself out of the box.
- Your ideas, although they are great, can be sharpened and improved by your entrepreneurial community. Simply put, multiple heads are better than one. Here’s a quick example of this. In one of my own communities, a woman had a deal with a book publisher for her very first book. But she was balking about what the publisher wanted to title the book, taking issue with both the main title and the tagline. She brought it up in our next get together, only to find that her adamant opinion was not shared by a single one of us! We all though the title was good and that, furthermore, the publisher knew what would sell much more than the author did. As I pointed out, the author is the subject matter expert but her publisher is the marketing and sales expert for her book. All but one of the entire community basically told her to suck it up. And after she listened to us, she did! She ended up coming all the way back around to what the publisher had suggested, with only a very minor one-word change. Which leads me to my next point about the benefit of being in an entrepreneurial community….
- It helps you get your own ego out of the way, and think about what you offer from your customer’s point of view. Believe you me, you will ONLY be successful if you offer what your customers want and need, not what you in all your wisdom think they need.
I could probably come up with a few more good reasons, but I think you, smart as you are, get the point. It may take a village to raise a child, but it takes a community to foster a solo business. I cannot even begin to list for you all that I have learned from constantly participating in my own communities. I’ve gotten both wonderful, gentle, loving support and a sharp kick in the pants….and both have been beneficial to me. It will be the same for you.
I’m excited to tell you that I’m forming a new community for solo business owners that will offer these benefits ( and more) in just about a month. I’m calling it Private Matters because I’m creating a group to which you can bring your most private thoughts and worries. These deeply affect your business, they matter. So….in a nutshell….Private Matters. It will be small, full of sharp thinkers and dedicated solo business owners, and it will change you and your business in ways that you can only dream of. If you feel you are a good match for Private Matters, you can e-mail me and I’ll make sure you get the application and information.
Meanwhile, keep your business focused on who you serve, what those people need, and how you can best offer products and services that meet those needs. And remember to reach out for community regularly. Both you and your customers will benefit.
(c) Sue Painter
How To Set A Goal And Make It Stick
January 30, 2010
When I speak, I often engage the audience, working interactively. Why? Because I know that the more we engage all our senses (not just our ears) when we hear new material, the more it helps us to anchor that new material within us. I also know that anchored information will more likely be used when we return to our offices. Instructional designers call this “transfer of training.” Proving that what we teach is actually taken and used in someone’s work is the holy grail of professional training.
When you decide to set a new goal for yourself, how do you do it? Do you sit down and make a list? Do you write out an affirmation? Do you simply think to yourself one day while you’re in the car “I need to do thus-and-such” and set out to do it? Whatever your method, you can have a higher degree of sticking to your new goal if you include as many of your senses as you can to help you along.
There are several ways of doing this, and most of the methods I know work pretty well. One that is popular right now is called Emotional Freedom Technique (EFT). EFT is often used to change our emotional reaction to a certain situation. For instance, if you get nervous speaking in front of people, you can learn to use EFT to say affirmations and tap yourself on specific points of the body. EFT is nicknamed “tapping” because you actually do tap yourself repeatedly at specific spots as you are saying the sentences you construct about your goal — the change you desire. I’ve used EFT more than once and if it is used consistently, it has worked for me. To learn more about EFT, you can contact my friend Annie Wills, at Full Circle Coaching.
I’m going to give you another way to involve your senses and make your new goal stick, though. It is often called VAK, which stands for Visual/Auditory/Kinesthetic. I like VAK because it is another way to become an embodied entrepreneur. Simply put, that means that you are engaged in your work with your heart, soul, mind AND body – and you are sure to be quite successful if you can achieve that!
So, to set a goal and put the power of VAK behind it, here’s what you do:
- Write your goal down.
- Close your eyes, and ask yourself “what will you see that will let you know you’ve attained your goal?” Even better, you can give this question and the following ones to a friend and ask them to walk you through this and answer to her, out loud. Take a breath or two, and see what pictures you get, what you’ll see when your goal is met. You will probably get more than one vision. Open your eyes, and write each of them down.
- Again, close your eyes and ask yourself “what will people say to you once you’ve reached the goal?” After you’ve recorded your answer (or had your friend record it for you), try asking yourself “what will people say about you once you’ve reached your goal?” And finally, ask what you would say to yourself when your goal is reached. Record your answers, or have your friend do it for you.
- (This is my favorite part!) Now, close your eyes again. Ask yourself how you will feel when you’ve reached this new goal. Really take some time to let this sink in, and see what feelings arise in you. Once you have a good strong feeling going, ask yourself about the color, shape, texture, and even the temperature of that feeling. Finally, ask yourself where the feeling is located in your body. Record all your answers. Don’t rush yourself, give yourself time to really get into the feeling of reaching this goal.
- Finally, ask yourself what belief you could state about yourself that will help you get this goal. For instance, if you want to lose weight but always snack at night, could you create a belief about yourself that you are able to easily turn your attention from eating after 8:00 PM? Work on this replacing your current belief that it is “impossible not to eat” or “I must eat because I get too fatigued, too bored, or too scared not to eat at night.” In other words, replace your negative self-talk with a positive belief in yourself as someone who is capable of doing what you want to do.
- Be sure to ask yourself if you foresee any reason NOT to reach this goal. If you secretly think that being thinner will be bad in some way you will not reach your goal until you have put that belief to bed. We almost always have a secret reason that we don’t want to do what we say we want to do. I say I want to improve my auditory Spanish skills, but secretly I don’t want to put in the extra half hour a day to do that. So, of course, I don’t! Bring your secret reasons up into your consciousness, and you’ll go a long way to helping yourself get that goal.
The point here is to create a framework around you that helps support you in all your senses. If you have a goal to grow a rose garden, you can close your eyes and envision the layout, the sunshine, the colors, and the smells for sure. The more you can embody your goals, the more you’ll be able to make it stick. Let me know how it works for you.
Does Your Business Suffer From Perfection Syndrome?
January 28, 2010
Perfectionism will kill your business. The goal that you have as a solo professional is to provide a service that solves the problem your customer has. If you do that, you’ll succeed. Notice that I don’t say you have to PERFECTLY solve your customer’s problem. In fact, if you push for a perfect solution you run the risk of putting your customer off, because you will begin to nit pick at tiny little things you are offering, and you’ll lose focus on the big picture.
This thing about perfectionism is controversial to talk about. We are taught to find the “perfect solution” to our customers’ problems. But here’s the thing, and it’s important to remember. Life changes for that customer almost daily. The customer herself can’t really articulate a “perfect” solution. She may think she can, but once her “perfect solution” is in place, things will change and she’ll find that she needs to tweak it a little bit over time.
The big truth is that there IS no ongoing, perfect solution for your own business or for your customer’s business, either. You plan a resolution to an issue and execute it, and after that you see what worked and what didn’t work. You change it around the edges a little bit and go again. Finding what works for yourself or for a customer is not a straight line. It’s a curving line, sometimes curling back on itself, sometimes meandering where you never dreamed it will go. To hold that as true and faithfully watch when changes are needed is the best practice for a solo professional. It’s the best practice for larger businesses, too, but they often become too inflexible and stodgy to execute in that way.
Here are two big problems I see with solo professionals who are trying to establish a business that makes enough money to be viable.
1. Fear of making mistakes, which manifests as failure to take timely action.
2. Trying to decide everything by logic rather than feeling into what might be best for their business or their customer’s business.
I’d much rather see a solo professional try something and fail, and then learn from what went wrong, than to be paralyzed from the fear of failure. Almost all successful business owners have made mistakes, and there’s no sin it in. The sin is in burying the mistake and failing to look at it closely so that one learns. I literally have to re-train a good portion of the clients I work with to actually tell me when something goes wrong! We get into this practice of trying to hide our mistakes, which doesn’t help us in the end.
Additionally, there is a great benefit to using your feeling sense to help make decisions for yourself and your customers. You might also think of this as using your intuitive sense of things rather than depending solely on logic. You can ask yourself a question, close your eyes, and get a gut feel or sense of the best answer. The more you practice this, the better you will get. It is a great addition (and sometimes a replacement) for deciding only by logic alone. In fact, most of the millionaire entrepreneurs I’ve interviewed over the past years tell me that when the chips are down and it’s decision-making time, they trust their gut. Not the figures, but the gut. That’s a great confirmation of using your feeling sense to help you made decisions. Sometimes things will not seem logical at all, but you have a strong sense it is the right path to take.
The truth is that there IS no perfection in this life, so trying to run our businesses from that place will never work. That is the wisdom that successful solo professionals have come to know. the next time you feel yourself fearful over making a business decision, take a breath, check your gut, and move forward. You’ll find that you will do better in the end than waiting for perfection to come.