Monthly Archives: July 2014

As An Entrepreneur What Do You Stand For?

When you took on the role of entrepreneur you took on a lot of responsibility, not the least of which is the leadership of a company. If you’re like most business owners, you will want to grow your company from a one man show into a flourishing enterprise.

In order to make that happen, you, as the business owner need to stand for something. What you stand for — and it could be part of your mission and vision statement — will be guiding principles of your business. Leaders impact every aspect of a business and you need to be a person to whom your staff can come and know the answers you give are based on the company’s guiding principles, not given on a whim.

What makes up the traits of a business owner who stands for something:

  • You choose to follow your mission and vision statement as the way you run your business and make your decisions.
  • Your clients and employees trust you because you are true to your word and make decisions based on fact not emotion.
  • Your personality and vision attracts like-minded people and your clients appreciate your ethics.

True leaders don’t look at themselves and think, “this is how I will rule!” They look at theirs as a role of responsibility that leads to meeting the needs of clients and employees.

What do you stand for?

A Positive Attitude Is Contagious

Entrepreneurs and business leaders know that the attitude they project at the office will trickle down to the staff — whether positive or negative. If you want to motivate your staff to high levels of excellence, you need to begin that by projecting a positive attitude.

As the business owner, your staff looks up to you and takes its clues from the way you embrace the day and the tasks at hand. If you’re grumbling, you can bet they will be as well.  You need to lead by example; if you’re not having a good day, that will be reflected on your staff and will filter down to their interactions with your clients.

What can you do to foster that good feeling at work? Here are three things to try: A

  1. Be excited about what you do and share that excitement. If you start the day with enthusiastic vigor your actions will be contagious! When you’re talking to clients or staff, make sure your enthusiasm shows through in your words, be animated.
  2. Make sure your staff knows and understands the company vision and mission and how what they do on a daily basis helps to achieve them.  Inspire your staff by marking off milestones that they have helped to achieve in the mission and vision by sharing the successes with them.
  3. Say thank you and I appreciate you to those staff members who are truly excelling. Say please and thank you when you ask an employee to take on a new project — sure they’re getting paid for the work, but a please and a thank you go a long way in fostering a positive work attitude.

Bottom line? Being a positive leader will help your team reach its goals and can also foster a more positive workplace atmosphere. What can you do today to inspire through your attitude?

Are Your Business Goals On Track?

Chances are, when you started your business you formulated a mission and vision statement, right? These two statements helped you to define “who” your business is and
who your ideal clients are and what the services you provide can do to address their pain points.

If you don’t have a mission or vision statement for your business, you can contact us and we can help you work those details out. Not having these items could mean your business is meandering rather than having a direct path to success.

Here are some tips to help you pull together a mission or vision statement:

  1. Business vision: This is where you define “who” your business is, who you serve and how you measure success.
  2. Business mission:  When answering this question you will determine what your business will accomplish and what services you will offer and why.
  3. Business purpose:  Why does your business exist? What is its purpose? What pain points does it address?
  4. Business goals:  What are they? How will you accomplish them? What steps do you need to take to achieve them and how will you know when you’ve arrived? Writing your goals down will help you focus on them and accomplish them.
  5. Business success timeline: Adding specific dates for achieving milestones keeps you focused. Having a timeline also includes having a budget for the steps you’re implementing as part of your mission and vision statement.

How well fleshed out is your mission and vision statement? When did you last review them? Are you now thinking, “I need one but need help!?” If so, contact us!

Non-monetary Employee Motivation Ideas

If you have on-site or off-site employees there will come a time when you will want to show them how much you appreciate what they do for you. If, however, your business is a bit cash strapped — and what business isn’t today! — there are ways to compensate your rising stars without it impacting the bottom line.

Here are three ways to motivate and honor stellar employees without money:

  1. If you have an employee who goes above and beyond, make that known to the rest of the team. “Wow, did you see the amazing job that Sue did with XYZ client?! Keep up the great work!” Recognition honors the person receiving it, but motivates the rest of the team who may want the same acknowledgement for a job well done.
  2. You may not have a budget for training, but consider delegating responsibility to a talented worker by providing access to free sessions being held by a local Chamber of Commerce or other networking group. Give the employee the time off to attend and then ask them to report back to the team on what she’s learned – this is a great way to offer the training to the entire team while making the attendee feel important for being able to provide the information.
  3. You may have designated hours in which your clients expect to be responded to, but does that allow for flexibility for your employees in case they need to take a child to school, walk the dog or run an errand? Can you offer a more flexible schedule as a way to motivate your staff? Consider that providing autonomy can boost morale!

What can you do to motivate your employees in non-monetary ways?

Got Stress? Tips For Entrepreneurs

As an entrepreneur it’s go-go-go from morning until night and even when you fall, exhausted, into bed you still have a to-do list that is a mile long, right? As a business owners you’re not punching a time clock and getting paid for simply showing up. As a business owner you reap what you sow — work hard get rewarded, don’t work hard and your bottom line suffers.

If you’re burning the candle at both ends  here are three stress-reducing steps you can consider: 

  • Take care of yourself physically and mentally. Eat a healthy diet. Get up and move around.  Get in the habit of standing and walking around when you’re taking a phone call.  Start your day with a healthy breakfast. Take a walk. Step away from work and enjoy a healthy lunch.  Self-care can help you deal with the stress.
  • Attitude matters. If you pop out of bed in the morning thinking, “This is going to be a fantastic day” chances are it will! If you find yourself getting burdened with stressful situations, step away, take a deep breath and start over.
  • Take a break. If there are days when it all seems too much you may need to step completely away for an hour or so. Call a friend. Take a walk. Meditate. Pick up a book and read five or ten pages.

What do you when you the stress of running your business gets to be overwhelming?