Monday, August 8, 2011
An Open Letter to Washington
Friday, July 8, 2011
An Inspirational Story
Here are two true stories that provide an inspiring example of how making the right decision can have a far reaching impact on the legacy we leave behind…worth the read!
STORY NUMBER ONE Many years ago, Al Capone virtually owned Chicago. Capone wasn't famous for anything heroic. He was notorious for enmeshing the windy city in everything from bootlegged booze and prostitution to murder.
Capone had a lawyer nicknamed "Easy Eddie." He was Capone's lawyer for a good reason. Eddie was very good! In fact, Eddie's skill at legal maneuvering kept Big Al out of jail for a long time.
To show his appreciation, Capone paid him very well. Not only was the money big, but Eddie got special dividends, as well. For instance, he and his family occupied a fenced-in mansion with live-in help and all of the conveniences of the day. The estate was so large that it filled an entire Chicago City block.
Eddie lived the high life of the Chicago mob and gave little consideration to the atrocity that went on around him.
Eddie did have one soft spot, however. He had a son that he loved dearly. Eddie saw to it that his young son had clothes, cars, and a good education. Nothing was withheld. Price was no object. And, despite his involvement with organized crime, Eddie even tried to teach him right from wrong. Eddie wanted his son to be a better man than he was.
Yet, with all his wealth and influence, there were two things he couldn't give his son; he couldn't pass on a good name or a good example. One day, Easy Eddie reached a difficult decision. Easy Eddie wanted to rectify wrongs he had done.
He decided he would go to the authorities and tell the truth about Al "Scarface" Capone, clean up his tarnished name, and offer his son some semblance of integrity. To do this, he would have to testify against The Mob, and he knew that the cost would be great. But, he testified.
Within the year, Easy Eddie's life ended in a blaze of gunfire on a lonely Chicago Street. But in his eyes, he had given his son the greatest gift he had to offer, at the greatest price he could ever pay. Police removed from his pockets a rosary, a crucifix, a religious medallion, and a poem clipped from a magazine.
The poem read:
"The clock of life is wound but once, and no man has the power to tell just when the hands will stop, at late or early hour. Now is the only time you own. Live, love, toil with a will. Place no faith in time. For the clock may soon be still."
Now read on to story number two…
STORY NUMBER TWO
World War II produced many heroes. One such man was Lieutenant Commander Butch O'Hare.
He was a fighter pilot assigned to the aircraft carrier Lexington in the South Pacific.
One day his entire squadron was sent on a mission. After he was airborne, he looked at his fuel gauge and realized that someone had forgotten to top off his fuel tank. He would not have enough fuel to complete his mission and get back to his ship. His flight leader told him to return to the carrier. Reluctantly, he dropped out of formation and headed back to the fleet. As he was returning to the mother ship, he saw something that turned his blood cold; a squadron of Japanese aircraft was speeding its way toward the American fleet. The American fighters were gone on a sortie, and the fleet was all but defenseless. He couldn't reach his squadron and bring them back in time to save the fleet. Nor could he warn the fleet of the approaching danger. There was only one thing to do. He must somehow divert them from the fleet.
Laying aside all thoughts of personal safety, he dived into the formation of Japanese planes. Wing-mounted 50 calibers blazed as he charged in, attacking one surprised enemy plane and then another. Butch wove in and out of the now broken formation and fired at as many planes as possible until all his ammunition was finally spent. Undaunted, he continued the assault. He dove at the planes, trying to clip a wing or tail in hopes of damaging as many enemy planes as possible, rendering them unfit to fly.
Finally, the exasperated Japanese squadron took off in another direction.
Deeply relieved, Butch O'Hare and his tattered fighter limped back to the carrier. Upon arrival, he reported in and related the event surrounding his return. The film from the gun-camera mounted on his plane told the tale. It showed the extent of Butch's daring attempt to protect his fleet. He had, in fact, destroyed five enemy aircraft.
This took place on February 20, 1942, and for that action Butch became the Navy's first Ace of W.W.II, and the first Naval Aviator to win the Congressional Medal of Honor.
A year later Butch was killed in aerial combat at the age of 29. His home town would not allow the memory of this WW II hero to fade, and today, O'Hare Airport in Chicago is named in tribute to the courage of this great man.
So, the next time you find yourself at O'Hare International, give some thought to visiting Butch's memorial displaying his statue and his Medal of Honor. It's located between Terminals 1 and 2.
SO WHAT DO THESE TWO STORIES HAVE TO DO WITH EACH OTHER?
Butch O'Hare was "Easy Eddie's" son.
Tuesday, August 24, 2010
Friday, July 9, 2010
Launching New Ideas
I am working on a new product launch and it's always an exciting time for me because of all the facets that go into a product launch. Today I would like to talk about launching any new idea and how to make sure it's a success.
The first thing you want to think about when launching a new idea/product/service or whatever it is you're launching is who is it intended for, be very specific here. What is the target audience for this idea and how will it impact them or their business. Once you have answered that question then there is a whole list of things to consider before launching, here are a few:
- How will you market it? Including Website, Email, Social Networking, Blogging, Direct Mail etc...
- Are there possible multiple product offerings in your idea, for instance in the product I'm currently offering I will also be able to spin off an e-book, a seminar, coaching services and a monthly subscription.
- What is your sales process? How will you sell the product and what will the sales approach look like?
- How will the service end look? Do you need to do anything different from a service perspective?
- And what does the profitability look like? Can you maintain margins to make the idea profitable.
Friday, June 25, 2010
Simplicity Means Focus
I met with a client this morning and he was telling me about how good it felt to spend last weekend in his office just cleaning out and getting rid of old files and things that he didn't need anymore and it got me thinking about how clutter can keep us from being focused on the things we really need to be doing to move our businesses or sales forward.
When you look at your desk are you constantly trying to figure out where you put something so that you can work on it? When you look at what you should be doing do you have multiple to do lists and post it notes all over the place? When you look at your calendar do you have notes scribbled all over the place and it's hard to figure our what you should be doing next to follow-up with that prospect or client? And finally when you call a meeting does it turn into a free for all because there is no set agenda?
These are all things that creating some simplicity in how you do things can really help you focus. Let's look at each one of them:
- First organizing your desk, keep on your desk only those things that you need to work on for that day, move the rest of it somewhere else or better yet go through it and toss out the stuff you truly don't need. This will keep you on task and not wasting time looking for things.
- Your to do list; I work with my clients and get them to do a weekly worksheet that gets them thinking about organizing their entire week versus just a day at a time, I think this keeps them focused on the big priorities that need to get accomplished and they don't get hung up on the things that are not vitally important. I also encourage them to do time blocking which helps the concentrate on setting critical blocks of time aside to work on revenue generating activities versus time wasters.
- Your calendar and follow-up; get a system that keeps everything organized for you, here's where technology can really help. Look for a system that will keep everything at our fingertips, emails, calendars, documents, etc... and easily accessible. I use a system called BatchBook that is easy to use and syncs with all my devices.
- And last but not least and I've written about this one before, meetings! Set a start time and an end time and have a written agenda. This will help you stay on track and not waste time in meetings. If there is not a specific objective for the meeting then don't have one!!
Friday, June 11, 2010
What's Your Passion?
As I thought about this question over the past 12 hours or so, it also occurred to me that this is very relevant to anyone that already has their own business. Many of my clients and people that I talk with that have their own businesses have lost that passion, they have become so engrossed in the day to day activities of running their businesses that they have forgot about the real reason they created the thing in the first place. One of the best ways to find that passion again is to look at what you're doing on a day to day basis and make sure that the bulk of the time is being spent on the things you like to do, that can clearly help your business grow. If you like the operational side of things then make sure that's where you're spending your time and find another person or way to handle the sales and marketing side of things. Vice versa if you really like the sales and marketing side of things then focus on that and find other ways or people to handle the operational side of things. And I'm not necessarily talking about hiring new people, in today's business environment there are many options beyond hiring people, it could be outsourcing or new technology, think outside the box!
If there's no way to do what I say above then at the very least, make sure you are creating time to do the things you love to do in your business. By planning your time out weekly versus daily you will find that it will allow you to create blocks of time that you can focus on the things you really like to do! If you can remember why you started your business in the first place, or if you didn't start it but bought it or inherited it they why did you get involved and start focusing on creating that vision that you originally have your mental state will be much better and your business will be better for it!! Several months ago I was interviewed by Krishn De for her highly listened to podcast series Biz Growth Live and I talked about creating a plan that will help you get that focus back. You can listen to it here!
And if you need help visit our website to find out how we can help you get that focus back!
Thursday, February 11, 2010
The Winter Blues
Here in Minnesota February is the roughest part of the winter, we still know that we’ve probably got a good two months of cold left and we don’t have much to look forward to other than Valentines chocolates. And judging from all the news we hear on the economy it sounds like it’ s having the winter blues as well.
So how do you snap out of it? Well my best advice to you is to get busy, there is nothing that gets you out of the blues better than getting busy and staying busy. But when I say get busy I don’t mean doing just anything, what I mean by getting busy is to get your focus back on your business. Get your team together and talk about what you can do to stimulate your business. Try some new marketing ideas, launch a new service or product, connect or reconnect with your customers/clients.
There is nothing that gets your juices flowing like some good old hard work and if it’s focused on the right areas it won’t only get your out of the winter blues but it will also get your business moving in the right direction as well. In this economy you need to do everything you can to stay in front of customers and prospects so go back and revisit what you’ve done in the past and look for ways to do it better and more effectively. Also tie in education as a component of staying in front of your customers, they are looking for reassurance in this economy so you need to educate them on why they should be doing business with you and not your competitors.
And one last thing, bring some fun back into your business, schedule an event with your team that brings in some fun, remember there’s a good chance they have the winter blues as well! If you want to know how to build these ideas into an action plan download my free e-book, Business Planning on a Bar Napkin, go here for it!
Monday, January 11, 2010
Will This Be Your Best Year Ever?
With today being the 11th day of the New Year already do you know that over 50% of the people that set New Year’s resolutions have already broken them. Are you one of them?
What are the keys to getting out of the blocks fast this year and hitting all the goals or “resolutions” you have set for yourself? First the key is to not focus on them, the more you focus on them and the minute it becomes apparent that you won’t hit them or exceed them they will fall by the wayside.
Instead focus on the actions that need to happen in order for you to hit your goals. Create what I call in my book Ultimate Breakthrough Planning: The Business Funnel Approach key milestones. Those key milestones should be measured on a monthly basis and they should be strictly actions that need to occur in order for you to reach your goals.
An example would be in your marketing area measuring the specific things that need to happen such as the number and type of marketing campaigns that your are doing and the number of people that are receiving them and responding to them.
Make your business as measurable as possible, every possible thing you can measure when it comes to action will allow you to fine tune things until they are working the way you want them to work. And by measuring the actions that are happening if you are hitting the milestones on a regular basis I can guarantee that you will hit your goals and resolutions.
If you really want to take your business to new heights take the Ultimate Breakthrough Planning BusinessBuilder Challenge. We guarantee you will grow your business 20% or more or you pay nothing, check it out here!
Wednesday, November 11, 2009
Helping Those That Need Help!
Sunday, June 28, 2009
Business Planning on a Bar Napkin
Monday, May 18, 2009
Providing Value to Your Customers in Your Service
- I occasionally eat at a local Arby's and for a long time now they have been offering a special pick 5 items for $5.95. I thought this was great value and the last time I was there they had taken it off the menu, when I asked about it they said they had taken if off the menu because they were sending out coupons instead. As I was standing there waiting for my meal I must have heard 5 people ask about that special and all got the same response. Now it seems pretty obvious to me that the 5 people and myself could care less about the coupons that we didn't have, we wanted the special that was a value in our minds. They have lost at least one customer because they changed their value proposition.
- I have recently been working on a project with a couple of different companies and to get them to communicate with me on what's going on has been like pulling teeth. I am about to make a considerable investment in what they have to offer and yet to get them to answer an email, return a phone call or keep me in the loop as to what's going on has been virtually impossible. Here all I am asking for is a simple response and they don't seem to think that is important. Again in this case it may cost them a very good customer.
Thursday, April 30, 2009
Where is the Common Sense?
- The economic crisis, no question it is here and upon us, the interesting thing is a little common sense could have avoided it. Where was the regulation of all the financial instruments that created the problem in the first place, Congress and both parties are quick to lay the blame but if one of the purposes of government is to act for the greater good of it's citizens then why wasn't good old common sense used in the regulatory environment, most of these designed financial instruments were designed out of greed and to take advantage of the system, a little common sense by someone might have brought out that realization.
- Here's my favorite one, swine flu! I saw yesterday that Ft. Worth was closing all it's schools for almost two weeks because of it and of course it's all over the media that we have a pandemic. I'm not quite sure what a pandemic is but right now this flu has accounted of about 160 deaths, each year the flu kills over 36,000 people in the U. S. alone, so does that mean we have an ongoing pandemic? Again a little common sense would tell me that if you take the normal precautions against getting sick you are probably going to be OK and even if you get the flu almost all of the cases have been mild here in the U.S. So like usual in the year of no common sense we overreact and forget about using some!