Archive for the 'Business Mentoring' Category

Is Growing Your Business One Of Your New Year’s Resolutions?



There is no doubt about it, New Year’s Resolutions are a powerful tool to achieve goals, yet only a few follow up and follow through on their resolutions..*

Why is that?

One simple reason is that most people forget that decisions are made every minute of every day and they add up at the end of the week/month/year. Non-decisions are the same – the decision NOT made to put your runners on to go for a run. The decision NOT to turn down the (extra) piece of pie. The decision NOT to get up early.

“It is in the moments of INdecision
that dreams are destroyed.”

– Dr Marc Dussault

If you made a list of New Year’s Resolutions for 2012 – take them out right now and re-commit yourself to following through.

If you’re not motivated – the problem is you have impotent goals and dreams.

You need something that will MOTIVATE, INSPIRE and MOVE YOU TO ACTION.

Pick something exciting, but within the realm of possibility – something you can really get enthused about – something that would CHANGE you and your life.

I know too many “people who end up where they don’t want to be” simply through lack of planning and commitment.

No decision IS a decision – it’s the worst one of all – one made by someone else for all the wrong reasons.

There is no joy in living a life by default. To live a life by design, you need to know what YOU want and desire.

You decide.

By NOT deciding, all you’re doing is letting yourself down – no one cares that you don’t make a decision. That’s why it’s so easy.

One day leads to a week then to a month and before you know it, another year has passed.

If you get lulled into complacency, a whole decade can pass you buy.

That’s tragic.

Don’t just sit there – do something!

Anything! If you didn’t create a list of New Year’s Resolutions – do it now!

JanusNew Year’s Resolutions… they are aspirational, yet often vague and almost always corrective. People promise to spend more time with family, get fit, lose weight, quit smoking, reduce debt, consume less alcohol… yet just end up cataloguing the failings of the past year. As with most customs, New Year’s Resolutions are observed in gesture only, not followed up nor followed through. It’s a reflexive act rather than one of resolution or commitment.

People have been making New Year’s Resolutions since the time of ancient Rome, when the Julian Calendar was adopted in 45 BC. January 1 was introduced as the first day of the year after the Roman God, Janus (pictured left). Janus was the God of beginnings and endings, represented with two faces looking toward the future as well as the past.

Romans, believing that the gods witnessed the failures and shortcomings of the past year made promises to rectify the situation in the next year ahead.

Not surprisingly, 88 percent of New Year’s Resolutions fail.

One of the reasons is that people tend to make the same ones over and over and over again without conviction or belief they can really change. Statistically, it takes up to 10 attempts to change which is well beyond most people’s attention span let alone level of discipline to make the change a reality.

Alarmingly, research shows that 25% of 1 out of every 4 people give up in the first WEEK.

Most people, quizzed today would not even be able to list all of their New Year’s Resolutions… and we’re not even at the end of January!

So why is the prognosis so poor? One reason is that success is limited, yet most people (wrongly) believe it is achievable (when statistically it’s not – only 1 person can win a Gold Medal amongst hundreds of competitors).

Take quitting smoking as an example: It takes 6 to 12 attempts to stop smoking. One survey in 2008 reported that only 11%, 1 out of 9, people who set that as a New Year’s Resolution achieved their goal and stopped smoking.

There is hope – people who did achieve their New Year’s Resolutions did so, on average after 6 attempts.

To achieve your New Year’s Resolutions, you need a plan, simple as that. Ideally, you write a PLEDGE to yourself and you marshal help from others close to you who can help you.

For example, if you want to get fit, get a buddy to walk or run with you, play a sport… If you want to lose weight, have family members help by reducing fatty or high calorie foods in your meals.

Without a plan, nothing’s going to change.
The odds are stacked against you.

Of course as you’d expect, there is a way to stack the odds in your favour… CLICK HERE -> To Make Next Year Your Best Year Ever.

New Year’s Resolutions are one of the easiest ways to set the wheels of success in motion. They can be the catalyst to create your ultimate dream destiny…


“What if…”

What if… your childhood dreams actually came true…

What if… you could wave a magic wand and get anything you want…

What if… you could rub Aladdin’s Lamp and get any 3 wishes granted…

What if…

Those are two very powerful words.

Here’s the thing.

Some people get what they want while others don’t.

  • It’s infuriating to know someone dumber than you is out-performing you in business or school.
  • It’s aggravating to have someone less physically capable beat you at your favorite sport.
  • It’s perplexing to see someone who started with less money than you build a ‘fortune’ that allows them to have the luxurious, stress-free lifestyle you’d like to have.

What if… you could learn how to accomplish all your goals?

What if… it took less than 5 minutes a week to implement?

What if… the strategies were proven and tested?

What if… they cost LESS than going to McDonald’s?

Just let yourself imagine those words.

Let your thoughts wander.

New Year's Resolutions, Resolutions, Wish List, Dream List, Vision Board

Listen to what you would say in the privacy of your own mind.

Feel what it would be like to have those things most important to you.

What if… You believed it was possible.

What if… You learned the strategies, techniques and tips you need.

What if… You applied them, one day at a time.

What if… You achieved one goal, then another, then another.

How different would your life be?

How much more could you do and contribute to others?

What if… you had a system to make them all come true?

What if… I gave you the link – would you make 2012 your best year ever?

Why not give yourself this gift?

* This is why New Year’s Resolutions are so important to me…

At first, I didn’t buy into the whole New Year’s Resolution ‘propaganda’. Like most people, I was skeptical, cynical and thought it was all rubbish.

Then I met someone who explained that New Year’s Resolutions only work if you believe they do.

That changed everything.

I promised myself I would only pick the top 10 New Year’s Resolutions I believed I could accomplish and really wanted.

My life changed – literally from that moment on.

As I explain in My Best Year Ever Program page – the results speak for themselves, but something you need to know is that it’s a process, a system for me. It’s not just a to do list.

Nothing with me is superficial.

The process I share with you in the My Best Year Ever Program is what I use every single year – religiously WITHOUT EXCEPTION.

I look forward to it BECAUSE I know I can craft my new destiny, my new life.

One of my recent resolutions I can share with you was writing the lyrics for and ‘producing’ my rap album- Curve-A-Ceous.

It was one of the highlights of the year for me. I never dreamt of being a rockstar, but I was always curious about the creative aspect of song writing, producing and performing.

I perform every time I get on stage for my events and workshops, but this was a much more artistically creative endeavour.

Something totally outside my comfort zone.

Something totally different.

It was exhilarating to do.

The reason I share this with you is because life is to be lived to its fullest extent.

Steve Jobs was the epitome of this philosophy.

But so many people – too many people – don’t know where to start.

As per my 1 Percent Improvement Doctrine, I believe in small steps on the path to your ultimate destiny, keeping in mind that…

The journey IS the destination.

With New Year’s Resolutions it’s easy and with my program priced at $20.12 it’s a bargain.

It’s my gift to you because it’s one of the most powerful techniques I’ve used and continue to use to craft the life I have – “continuing to live my dream and empowering others to discover and live theirs”.

What’s the alternative?

You don’t do anything – you let things ‘happen’.

There are two kinds of people:
People who make things happen
and those that things happen to

Simple as that – you are either one or the other.

Sorry to be so blunt, but it’s true.

You know it, I know it.

Now it’s time for you to do something about it.

Psst! I want to share something else with you…

This is the end of January and you’d be amazed at how many people think they missed the opportunity to do their New Year’s Resolutions…

That’s typical of people’s limiting beliefs and why my Best year Ever Program is a rolling 52-week program that starts on DAY ONE.

This is the first day of the rest of your life…

I know MOST people don’t see things “this way”…

They are oblivious to the realisations and life-changing epiphanies that are there to be had.

As a PREMIUM CONTENT subscriber, I know you’re not one of these… “MOST PEOPLE”.

The reason MOST PEOPLE are this way is due to IGNORANCE and LACK OF FAITH/BELIEF/CONVICTION.

First is ignorance – they don’t know. They are not subscribed to the PREMIUM CONTENT and no one’s having this heart-to-heart with them.

Second, they don’t have the belief in themselves. They’ve been beaten down and have essentially given up.

It’s the saddest thing I see in ‘my line of work’ – to see someone give up on themselves.

It’s heartbreaking.

Years ago, I would champion the power of the human spirit.

Now, I don’t bother.

I focus on people who believe and WANT more – more joy, happiness, wealth, success and abundance.

Welcome to my world of Exponential Mindset Thinking!

If you come across anyone who is deserving and needs a nudge in the right direction, you could make the investment in THEM and subscribe them to the My Best Year Ever – Imagine how their lives could be transformed.

Now you’ll feel what I feel when I know someone’s engaged and involved in creating their ultimate destiny!

Pay it forward and reap the benefits for a lifetime!

Onward and upward!
Marc

Are You A Cost Or A Benefit?

Corporate Branding, Bland To Brand, Corporate PositioningClients see you in one of two ways, either as a COST or as a BENEFIT.

Examples of companies that are perceived as a ‘cost’

  • Lawyers
  • Dentists
  • Plumbers
  • Gym
  • Search consultants/headhunters

Examples of companies that are perceived as a ‘benefit’

  • Restaurants that you want to eat at (non fast food)
  • Jeweller
  • Concerts and events
  • Zoo and other attractions
  • Pubs, bars and other entertainment

Here’s the thing – UNLESS you transform yourself from a cost to a benefit, you’ll remain stuck in the vortex of price matching and discounting – BECAUSE the prospects SEE you as a cost and not as a benefit.

Read More »»

Nepotism In Family Businesses Good Or Bad?

Family Business, Family Firm, NepotismNepotism is defined by Wikipedia as  favoritism granted to relatives or friends regardless of merit.

So what do you think?

Let me preface my answers by stating that I’ve worked in Family Businesses (not my family’s) AND Family Business dynamics was one of my Ph.D. research themes – so I have a lot of opinions on the subject, just not the ones you might think!

Let’s start the dialogue and I’ll voice my opinions in response to your points of view!

Add your comment below.

Why Success Gets Harder For “Most” Entrepreneurs

Have you ever wondered why success gets harder as you become more successful?

It’s because of your opportunity costs that keep rising as you get more and more successful mixed with a short term focus on “making deals” and taking care of emergencies instead of working “on” the business…

It’s quite a dilemma that paralyses many entrepreneurs. They know they could do better, but remain stuck in the Vortex Of Mediocrity™.

So how do you break out of this stranglehold?

Simple – MAKE time to get away from the business. It can be a long weekend or ideally a whole week. PLAN for it so you’re not stressed and you don’t cheat.

Remove yourself COMPLETELY from the day-to-day pressures and DISCONNECT completely.

Then ask yourself the following questions:

  • If I was to start over again, what would I do differently? What would I change?
  • If I was a competitor, how would I exploit me/us?
  • What are we really good at?
  • What could we be really good at (or better at)?
  • If I knew I could not fail, what would I try?
  • What is the #1 complaint of the industry/marketplace that I can solve?\
  • What am I not doing that I should be doing?

You can’t have the thoughts to start to answer these questions while you’re knee deep in the intellectual quicksand of day-to-day operations.

You need distance.

You need your personal journal (you might even give MindMapping a go!)

You need to do this otherwise you’ll stagnate.

I do this exercise every year at Christmas time which conveniently coincides with my New Year’s Resolutions.

If you have a business trip planned, consider extending it by a day or two and take those unfamiliar surroundings to start the process. Once your business is done – check out of THAT hotel and check into another one t0 completely shift your mindset. I mean it. Pick a hotel near the beach, mountains or go upscale or totally rough and tough.

Make sure there is CONTRAST so that your brain registers the new impulses.

It’s necessary to jolt your system into a new realm, to get a new perspective.

Give it a go and see what happens!

Act as the business you want to be

If you want the genesis of this concept, watch Steve Job’s Commencement Address To Stanford University Graduates in 2005 shown below.

Listen to one of our Platinum Program Members
who explains this philosophy in his own words:

When we started, we were aiming to assist smaller businesses, those with less
than 20 employees.  This is because 55% of all employment income in this
country is paid by those businesses.  The multinationals only provide 2%.

So wanting to help Australia be a more prosperous and competitive economy
meant helping those smaller businesses to really become successful,
particularly in export markets.

So we started as a small, lower cost base business able to serve smaller
clients cost effectively.  Since then I have grown less enamoured with this
position over time.  There is a reason companies remain small.  Sometimes it
is because that is what they want.  Less.  Less is easier and can involve
reduced risk, though not always.  But often it is because they don’t have
the mindset, skill or vision to be anything else.

It is clear that for us to grow, I have to have the resources to do more work
and the income to pay for those resources.  So our business model doesn’t
scale if we want to move up in size.  Particularly with the type of clients we
have generally been working with.

This year I’m thinking about how to take what we are doing and push it past
the $1,000,000 mark.  So what I’ve started doing is pricing our quotes as if
we already were that size.  Sometimes this means the price is double what it
might have previously been.  But I’m also looking at the delivery side and
making sure it also looks like it should for the size of business I want to
be.

And it is working!  We are changing.  We are looking at moving to commercial
premises before the end of the financial year.  A new class of clients are
being attracted to us (and us to them) because our value proposition makes
sense to them.  Some of these clients are larger than our previous target
companies.  Some are wanting to grow and know they need the right
partnerships to get there.  There is a long way to go yet but the progress
is encouraging.

So my distinction is a simple one.  Start acting like who and what you want
to be.  Don’t wait for the growth and then respond.  Change first.  Be the
catalyst yourself.  Make it happen first in you and then it will flow out to
the rest of the world.

Steve Jobs would be proud.

What watching Grey’s Anatomy taught me about growing a business

Some people say that TV rots your brain and can’t teach you anything. I like to take a more exponential approach. TV is great way to unwind (if you’re like me and lucky enough to have the time ;-) and you can occasionally learn something from the boob tube and not just from documentaries.

Last week I was watching one of my favorite shows, Grey’s Anatomy (I actually bought the first six seasons on DVD to avoid all the annoying commercials!) and I realised that doctors are really on to something. I mean both real doctors and TV docs like the ones on Grey’s, but more on that later.

Business Coach, Business Coaching, Business Mentor, Business Mentoring

Grey's Anatomy and MasterMind Groups

Read More »»

Why You Lose Clients

This graph says it all…

As a regular reader or subscriber to this and my other blogs, you know about my holistic approach to business. One of the key components of what Exponential Marketing is all about is establishing authentic and genuine rapport with your suspects, prospects and clients via what I call “Killer Konversations“.

If you don’t engage interactively with your suspects, prospects and clients, they will simply gravitate towards suppliers and providers that give them the attention they seek.

The exponential question then becomes – what conversation / relationship do you want to have with them? And secondly, how are you going to manage them?

Client Attrition, Lost Clients, Losing Clients, Lose Sales, Lost Sales

Sources Of Client Attrition

Creating the various client conversations is one of the main features of what we do within the Platinum Program. Click on the hyperlink to learn more about how we could help you grow your business.

4 Minutes To Explosive Growth

I love it when I learn my own lessons! I teach ambitious entrepreneurs and business executives how to find hidden opportunities in their businesses.

Opportunities that are sitting right there, under there noses…

That’s what happened to me today.

I figuratively tripped across a 4-minute audio that I completely forgot I had in my archives (I have more than 500 different electronic product components…)

It’s only 4 minutes, but it includes all of this!

Essential ingredients you NEED in your marketing to get
your PROFITS TO RISE FASTER than yeast in BREAD

  • These ideas will enable you to bring home up to quarter of a million dollars per year more instead of netting a profit that makes you feel you are working in a job (Just Over Broke)  (00:24)
  • Following these steps for improving your methods will bullet-proof your career and business so you will always lock in this much profit each year as a minimum (00:37)
  • Changing this one thing will minimize your risk so you will feel you’re working your way to the upper crust rather than picking up the crumbs of clientele from the bottom of the heap (00:47)
  • These vital ingredients enable you to look at things differently to get a bigger slice of the pie (00:54)
  • Making these small changes within your business each week for less than a hundred dollars can grow your profits by a factor of 157. (2:40)
  • Gaining new ideas on a daily basis provides the raw materials to get top-quality results within the first year (3:17)
  • Learning to think exponentially is like the air in your dough: it will help your brand, business and profits rise to peak levels (4:00)
  • The mindset you will gain from these distinctions will get people begging to give you their money so you will be rolling in dough (4:25) faster than you knead it!

Click here to access this 4-minute audio that reveals the 1 Percent Improvement Doctrine.

How To Add Value To Your Clients

Exponential Marketing has a cornerstone concept: Add value to your clients and they will come back and refer more clients to you. Easier said than done.

That’s why I’ve included a simple example: An Australia Post Postcard Fact Sheet that helps clients prepare their documents for direct mail.

The question for YOU is “What basic information, like this can you make available to your clients?”

The more information you make available, the easier it will be for them to do business with you = you’ll sell more.

When you’re exponential, you create Pathways To Profits™ that guide people through the path of least resistance preemptively, smoothly, creating a memorable and hopefully unique experience they will want to repeat themselves and advocate to others.

This is what we help our clients do – create a Business Building Blueprint™ that summarises these processes so everyone in the business knows what to do and ideally, automate them leveraging the Internet so the business transforms from an effort-based model to a value-based model.

Innovators: How They Think

As a business owner or corporate executive, you’re always looking for ways to be more creative and innovative to find fresh new ideas to make your next sales or marketing campaign a success. In an attempt to determine how great thinkers achieve their great outcomes, British marketing consultant Simon Sinek believes that he has stumbled upon a simple method to codify the way innovators think. He calls it the Golden Circle. In the YouTube video below he shows why it pays to be cynical.

Thank you to Ian Faulkner for providing this link, it’s much appreciated!

Cancer Kills One Cell At A Time

Trump You are firedCancer kills you one cell at a time, so does a toxic employee. This is a friendly reminder that if you have a bushel full of apples and you place one bad apple in it – the whole bushel goes bad, not the other way around.

Whenever you have a ‘problem’ employee you need to pull the plug as soon as possible.

I say this because as the new financial year starts, you need to think of new beginnings.

New year, new destiny.

Sometimes tough decisions need to be made. Rewards go to those business people who are brave and courageous to stick to their vision, plans and goals.

If you have a contrary, toxic employee – you know it.

The question is “What are you going to do about it?”

Belief Builders and Credibility Creators

There is a four step process everyone goes through as they make a purchase.

  1. Consider – Before anyone makes a decision, they must consider this opportunity. Most salespeople skip this step to their detriment.
  2. Decision – This is when the ‘sale’ takes place. However, most ineffective salespeople skip the consideration stage and try to force the decision that was never even considered.
  3. Commit – Without a commitment, a sale is not a sale. As many as 20 to 40% of sales are lost due to a lack of commitment requested of the purchaser.
  4. Resolve – Making sure the commitment is followed up and followed through to its conclusion to ensure the sales is completed. Up to 10% of sales are left unattended and therefore lost.

Consider – or lack thereof is the number one source of lost sales, by a long shot. Anecdotally, as many as 4 out 5 sales are lost because the prospects never considered the offer being presented in the first place. Without it, there is no decision to be made.

So how does one go about having people consider their offer or proposal? Read More »»

Antimimeticisomorphism

Antimimetic isomorphism, Anti mimetic iso morphism, mimetic isomorphismWhat the heck is antimimeticisomorphism?!?!

Simply stated, it’s the opposite of mimetic isomorphism – an academic term that explains what we all know to be true. “Monkey see, monkey do.”

As industries mature, competitors increasingly use the same strategies and techniques to market, sell and deliver their products – in effect commoditising them.

Antimimeticisomorphism means doing the opposite.

Not just to be different, but to be special, out-of-the-ordinary with a PURPOSE.

Because it’s a mindset, it takes time to adopt the ability to see and create boundless opportunities and uncover hidden assets within your business, career or life.

It’s what makes the super successful and ultra wealthy who they are.

EXTRA-ORDINARY.

Because the alternative is – well ORDINARY.

Want to learn more about antimimeticisomorphism?

You can Google it and you’ll find thousands of listings – all pointing to me.

I have two websites dedicated to antimimeticisomorphism, the first is the site that explains antimimeticisomorphism and the second are examples of antimimeticisomorphism.

On my Personal Coaching Blog, I have a whole category of antimimeticisomorphism examples.

As you can see, this is a foundational element of my Exponential Coaching Philosophy.

Have a look around and enjoy the discovery process – you’ll quickly realise that the more fun you have, the better your results will be!

How To Brand Your Company 3 of 4

I recently recorded a 1-hour Momentum MasterMind Session for our Business Mastery Platinum Program Members called “Bland to Brand”. It was a powerful session that highlighted the 8 mistakes people make naming their business and the 19 Steps to Naming Your Business. If you’d like to get your hands on this program, give us a call.

Part of the discussion involved the persona that we create within the branding exercise…

I was accepting invitations from people to link to me on LinkedIn.com. and was amazed at the wide variety of photos people have on their profiles… I am not sure if they know what it does for or against them.

You be the judge.

Which one is the IT Specialist?

Read More »»

How To Brand Your Company 2 of 4

You never get a second chance to make a first impression. That’s why branding is so important. In today’s post we’re going to take a close look at YOU… The image you project to the world – your suspects and prospects.

What Image Do You Project To Prospects And Clients?

Why People Fail In Business

Today’s post is one of those topics that I deal with on a regular basis but usually to myself… Until something pushes me to the edge and I have to get on my ‘soap box’ to relieve the built up frustration and annoyance I feel BECAUSE it’s preventable.

This week, I overheard someone at the dentist office say “A friend of mine has dentures and she says Read More »»

1 Percent Improvement

One of the foundational principles of Exponential Mindset Thinking™ is the 1 Percent Improvement Doctrine™. It seems simple enough as the videos below explain, but here’s the real challenge – most people, believe it or not don’t have the discipline to follow through. Even though it takes only minutes a day to essentially achieve their wildest dreams, they let themselves down – many within less than a week most within the first month.

I know how surprising that sounds, but that’s what I want to focus on for today – the fact that MOST don’t follow through means that when you do, you’ll get the lion’s share of the rewards.

That’s because no one else is doing it.

Read More »»

Can one idea be worth $50,000?

You be the judge if one idea can be worth $50,000.

Business Coaching Result - Dr Marc Dussault

Why spruikers will never go away

When I got into this industry, I have to admit I was “naive”. I actually believed there were enough people out there who wanted to learn respectable and legitimate strategies to become successful.

What I keep seeing however are deluded people who keep getting attracted to the “get rich quick schemes about how to make money in your underpants working from home so you can make money while you sleep”.

What has me disheartened this week is that I got emails from 3 different people and together the message came through to me loud and clear.

MOST people want the easy way out.

MOST people don’t want the responsibility that goes with success.

MOST people aren’t open to constructive criticism.

MOST people when all is said and done, are frankly lazy.

MOST people have no willpower.

MOST people will never truly succeed to a point where peace and serenity prevails. Read More »»

Decision Making: Cognitive Biases

Decision making is one of those concepts that many people try to simplify when it fact it’s complex and must be treated in a multi-dimensional manner. There are many forces in play and today, I wanted to summarise a few cognitive biases that are involved. By knowing these exist, you can start to make better decisions.

  1. Sunk Cost Bias: Escalate the commitment of previous time, effort and money. Cutting your losses is harder than it appears. Trying to calculate marginal costs (forgetting about what’s already been spent) is a lot harder than it appears. Gamblers are notorious for abusing this bias when they are down on their luck. Sports teams will keep playing top salaried players even though they under perform lower paid players. Everest climbers have what’s called the turn around rule (when it gets too dangerous to continue) yet many who die ignored their own safety rule.
  2. Over confidence Bias: We are all systematically over-confident, hopeful and enthusiastic. When asked, 80% of people will answer that they are above average in something when statistically it’s impossible.
  3. Recency Effect Bias: An over reliance on recent events and activities will sway your decision making – much like a hot streak in sports or gambling.

There isn’t ONE thing that affect decision making, but a multiplicity of biases. On Mount Everest people die when they make a bad decision.

In business, the same is true. 80% of bankruptcies are due to management incompetence = poor decision making. The trouble is that unless you are aware of the REASONS for the mistakes, they will be repeated over and over and over again.

Today’s post is one of the many steps you need to make to improve your decision making. It’s always going to be a work-in-progress because there is NO silver bullet or perfect decision making process or ‘system’.

You have to find your optimal strategies to counteract biases and other obstacles.

Just remember you’re aiming for an optimal solution – not a perfect one.

That means the best solution “under the circumstances”…