You can take our FREE 29-Point Business Coach Self-Evaluation over at Thrive15.com/Evaluation.
I had one client who I business coach take this evaluation and his overall score of 58% indicated that he had many problems (which we call “opportunities for growth”) that he needed to address including:
To make long story short, this incredible man was a loyal father, a committed husband, and an outstanding coach, but he was way down the road toward something I call the “Proven Path to Small Business Death” which includes:
However, I am proud to say that nearly four years after our first meeting, this is no longer the case. This coach has made SIGNIFICANT improvement in 25 of the 29 areas of weakness we originally discovered in his 29-Point Business Evaluation and he is finally financially free. Recently, he unfortunately had to have another surgery, but when he did, he had a team of employees and a staff of coaches prepared, trained, and ready to fill in for their mentor and leader.
My friend, have you ever taken a timeout from the busyness of your day to ask yourself why it seems as though a few people have a natural ability to move from one successful venture to another with little or no drama, while most business owners seem to never be able to figure out the magic formula? Why do some college basketball coaches seem to win everywhere they go, while others just can’t seem to ever win? Over the years I’ve had the opportunity to become friends with the legendary Hall of Fame Division 1 college basketball coach, Eddie Sutton, who was able to take four schools to the NCAA Tournament and to take both Arkansas and Oklahoma State to the Final Four. During his career, he was one of only eight college basketball coaches to have ever won over 800 games. That was because he knew HOW TO WIN. Athletic directors knew that no matter where Eddie Sutton coached, he was going to win because he knew the methodology, the resources, the systems, the processes, and the priorities needed to win.
“Resources are what he uses to do it, processes are how he does it, and priorities are why he does it.” -Clayton M. Christensen (Professor at Harvard Business College)
My friend, you must become like one of these legendary coaches. YOU MUST LEARN THAT THE PARALLELS AND COMMON DENOMINATORS FOUND IN RUNNING MOST BUSINESSES FAR OUTWEIGH THE DIFFERENCES OF EACH BUSINESS TYPE AND INDUSTRY. The great business coach entrepreneurs have learned this and their wallets are much bigger as a result. For example, one of my clients now owns a sushi bar, a neurological center, a testosterone clinic, a cosmetic surgery business, and a liquor store. What do all these businesses have in common? They all allow him to exchange goods and services for the monetary compensation we all seek.
“Most entrepreneurs are merely technicians with an entrepreneurial seizure. Most entrepreneurs fail because you are working IN your business rather than ON your business.”-Michael Gerber (Bestselling author of the E-Myth book series)
For your benefit, I need for you to take the following business coach pledge:
I, ___________, believe that although my business does have unique variables and specialized aspects, I know that the similarities of successful businesses greatly outweigh their differences. I realize that saying, “Yes, but my type of business is very different” is not helpful and is a limiting belief.
Take the business coach pledge so you do not allow differences between business models and industries keep you from implementing best practice systems.