With over a decade of experience working with small businesses and corporations, the guiding principles of success become more visible the more I show up to work and play every day. In business, there are low points, high points, turning points and tipping points on the climb to success. When executed dynamically, these valuable lessons lead to greater profits and dividends in life and business.
What You See is What You Get
What is your outlook on life? In the financial world terms like bull and bear market describe the outlook of specific companies, industries or the market as a whole. Bullish on the market indicates a positive forecast for the future. In contrast, bearish on the market represents a gloomy prediction. As you look ahead what do you see for you and your business? Are you bullish on life or are you bearish? If you say you are bullish or bearish you are correct. Based on what you see – you will get in life. For example, if you were to say the following things would your team want to follow you as their leader?
- “There’s no way I can improve profits.”
- “Morale is terrible and it is getting worse.”
- “I hate going to work everyday.”
Obviously these statements represent a bearish outlook. If you think you can’t improve profits – you won’t. If you feel morale will continue to fall - it will. If you feel like work is miserable – it is. You can change your vision and outlook from bearish to bullish.
When you see your future, whose eyes are you looking through? If you are looking through the eyes of someone else, you do not own your future - you are simply carrying out the vision of another person’s agenda. Check your vision to make sure you clearly see the future you want for you and your company.
In order to move from bearish to bullish or super bullish from bullish, articulate your vision in writing – what you want to see – in the form of objectives, strategies, and tactics. Write with a sharp pencil to specifically carve out the life and business you want. Review your written plan every day. Closely examine each activity you carry out to ensure each minute spent in your work day links directly to your vision. If you discover certain activities disconnect from your overall vision, stop performing them. Spend at least 80% of your time, talent and resources pursuing the activities that place you in the best position to accomplish your greatest goals and ultimate vision.
Every morning I feel blessed when my two and a half year old son pops out of bed with great energy, runs to my bedroom, climbs in bed with glowing ready eyes, and says, “Let’s go play. I want a waffle, daddy. I want my chocolate milk. Let’s go play.” We laugh and hug as we go downstairs to start our day together. Right now my son’s vision is crystal clear. He is bursting with energy, full of curiosity, radiates with an abundance of love, and feels he can accomplish anything. As his father, I will spend the rest of my adult life influencing him to make sure he maintains a bullish and positive outlook on life. Do you wake each morning excited about the day, not wanting to sleep anymore than necessary? Do you laugh as much as you once did?
When’s the last time you jumped out of bed, ran to work with an extra bounce in your step, while saying to yourself, “I am going to make a difference today in my future and be a positive influence on those I touch!” Maintain a bullish attitude all day - every day and your business will earn large capital gains.
Action Over Analysis or Suffer From Paralysis
Don’t wait around to give your top employee a needed raise or give a pink slip to your biggest underperformer. Don’t put off that marketing campaign to exploit your value proposition and expose your competitions weaknesses. Don’t prolong the launch of that new product line. The time is now to seize your opportunities! As you progress forward, be weary of the fatal confinement of Analysis Paralysis. No meaningful results ever took place with a thought or idea that remained buried deep in your mind for weeks, months or years. Take Action! Be prudent in your analysis and swift to make a decision.
Successful people make decisions in a timely manner and rarely over turn the choices made. Unsuccessful people are slow to make a decision, yet quick to reverse it. The ability to capture opportunities determines the financial success your business will have. So ask yourself, what is paralyzing you right now? What actions do you need to initiate to cure your paralysis?
Whatever You Do - Don’t Leave the Lessons Behind
As you move forward with a clear vision and make decisions about your business while battling the disease of analysis paralysis, it is expected you will make mistakes. Remember, experiments never fail as long as you extract the lessons from the miscues. When you extract the lessons from failure for future application, the learning travels with you, safely stored until the next moment you need to draw from that experience.
Negative experiences represent learning opportunities. Underperforming businesses shy away from perfectly well thought ideas once the execution falters after the first attempt of implementation. Successful companies closely examine failure to determine what worked, what didn’t work, and how a reconfigured plan would be applied to assure a successful conclusion. What past experiences do you need to revisit for future applications? What lessons are traveling with you that can be applied right now? So whatever you do – don’t leave the lessons behind.
As your business moves with the volatility of the stock market, progress forward with a bullish outlook, script the business and life you want, use motion to beat meditation, and store your lessons away for future use. These simple points build a mind set destined to help you improve the financial life of your business.
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