Archive for the 'Strategy' Category

Overheard at a recent private workshop

If you are a subscriber or regular reader of this blog, you’ll have noticed that the frequency of my blog posts has been reduced quite substantially over the past few years. I have refocused my time, effort and attention on my most elite, high performance clients – my Platinum Program Members. Since these are private workshops, you wouldn’t be aware they are taking place. I thought I would share with you a few quotes that were captured over the two days of discussions – the discussion themes included:

  1. Determining the WHAT and WHY of difficult business decisions
  2. Creating Winning Proposals
  3. How to structure compensation plans, divisions and entities to achieve your corporate outcomes
  4. Determining what you want and don’t want from your business
  5. Business models – which one(s) should I choose?
  6. Determine the WHAT and HOW of important business decisions
  7. Preparing a business to be sold
  8. Stakeholders – How to deal with them effectively
  9. Project Management Principles – how to get them done on time and on budget
  10. Work-life Balance – is it achievable or even realistic?
  11. The Internet, the easiest thing that’s hard to do
  12. Automating Your Business – how to leverage limited resources while producing maximum results

Some of the quotes captured during the workshop:

  • The only crisis you will have in your business life is when you stop caring.
  • Your singularity of focus in all dimensions of your life should drive you especially when the waters around you are stormy
  • When you get conflicted internally – it’s because you’re unclear or unsure of the outcome you want to achieve
  • Successful people were where you are now BEFORE they were successful.
  • If you focus on what you don’t want you will attract more of it.
  • Your self motivation is directly related to the level of satisfaction you have with respect to the reward you expect – within your decision-making horizon.
  • There is always a cost of making a decision just as much as there is always a cost of NOT making a decision.
  • FOCUS on the WHAT – your Reticular Activation Systems (RAS) will come up with the HOW (solution).
  • You don’t publish blog posts for humans to read them – They are for the search engine (robots).
  • Your integrity, congruency and authenticity have to be in alignment with your ultimate (life’s) purpose.
  • The more components you can identify, value and communicate to your clients/staff the more valuable the proposition becomes.
  • You need to demonstrate all the components of the value proposition so you are able to “discount” from the top line and maintain your needed profit margin.
  • Separating the “what” from the “how” is how great decisions are made. Always start with the what and the how will take care of itself.
  •  Don’t hope for things to happen – expect them to!
  • How we are seen is how we are perceived.
  • You must know what your outcome is, before you start to do anything, otherwise you are wasting time, money and/or effort.
  • You must recognise who is supporting you (internally and externally) in your business to make sure they are justly rewarded and/or appreciated.
  • Never oversell what you are providing, your belief and conviction will speak louder than you could ever scream.
  • Everyone is begging to be led in at least one aspect of their life. Be that mentor, leader or inspiration for your clients, friends and family.
  • Don’t think about failing, always see yourself succeeding.
  • You must be able to substantiate a claim or value proposition to amplify the benefits.
  • Never forget who you are doing this for. There has to be a purpose to your business investments (sacrifices). Otherwise you will lose faith, belief and motivation to stay the course.
  • Inflection points are produced by a catalytic moment.  To take advantage of them you have to get the catalyst under your control
  • When you get conflicted, where something isn’t right; the conflict is within you because you don’t know what you (really) want.
  • We erode our destiny moment by moment through the decisions we take and the decisions we defer.
  • The more components of the value proposition you can identify and quantify, the more compelling the case becomes.
  • Each component of your value proposition has a cost and value, the more accurate you are in calculating (estimating) these, the more profitable and defensible your position becomes.
  • Disintermediation means you have to become the glue that makes it work better than it did before.
  • Your client or supplier’s calculator is different to yours. Their evaluation of the value proposition will be based on their calculator, not yours.
  • The value proposition you are presenting might be too complicated for the person you are presenting it to. If they can’t work it out, you have to explain it, step-by-step.
  • The more stakeholders you involve in your decision making, the more genuine and authentic you are, the more effective you can be in negotiating win-win-win outcomes.
  • Considering all stakeholders’ vested interests should be an integral part of your process, not by letting them make the decision, but ensuring their vested interests are fully addressed in the final solution.
  • The burden of the future should not prevent you from enjoying the present.
  • The future should never be a burden, if it is – change it, now!
  • The basis of your (current) thoughts is the result of your (previous) thinking.
  • If you knew you could NOT fail what would you do?
  • You should know the cross-road before you get there.
  • Reconcile what you WANT versus what you NEED.
  • It¹s not the client’s role to tell you what they want; it’s yours!
  • You should NEVER complete your to-do-list. Only do the top 20% items because they give you 80% of your results and conversely the remaining 80% is a waste of valuable time because it only produces 20% of your results!
  • Be decisive, don’t use tentative words like: but, or, maybe, might, could, should, hopefully, possibly, probably.
  • If the reward is too far, you will probably give up on your dream. Create smaller goals to achieve that are closer in time, easier to achieve.
  • Don’t hope, expect.
  • There is no word for fortunate in French, only lucky. We are not lucky, we are fortunate to have the opportunities and choices – that we create.
  • Prepare for the worst, but expect the best.
  • Think different, not differently.
  • Be authentic and genuine, never manipulative.
  • When you come to the fork in the road you need to take it.
  • If you believe, it will happen.
  • If you’re not trying to do something out of the ordinary how do you know it’s not just ordinary?
  • Vested interest is always how the other person sees it. If you can’t see it you need to take yourself outside of your way of thinking, think like they do.
  • The more appreciation you have for outside-the-box thinking the better off you will be.
  • When you are spiraling “stop it!”. You need to come back to the “what” not the “how”.
  • Entrenchment is how wedded you are to the current way you’re doing things.
  • As you second guess yourself, it lowers the value of your service or product.
  • In sales, hunters are needed just as much as farmers.
  • Singular focus is the key, but this doesn’t equal one thing for life!
  • You’ve got to own who you are.
  • Think through the complete set of scenarios before you start implementation.
  • Prepare your business for sale 2-5 years before you want to sell it.
  • The intimacy of the relationship with the stakeholders in your business
    will vary on their degree of involvement.
  • The more stakeholders you have, the more leverage you can have.
  • Figure out your timeline …. and start the clock.

If you read the lists and thought to yourself – WOW! That’s a lot of content! You’re right. All our workshops are value-packed, outcome-driven, results-focused. Platinum Program Members have no time to waste and want to get to the bottom line – YESTERDAY!

The Platinum Program is based on my unique coaching philosophy and mentoring methodology. It’s not for everyone, in fact it’s only for the most committed business people who “measure up” to an exceptionally high level of commitment and desire to achieve.

If you think you’re up to it and want a challenging environment that will hold you accountable to your goals (and dreams), contact us.

Market Correction Or Crash?

As you have undoubtedly seen, the financial markets are in a correction and there is considerable concern about what’s coming next.

I have, over the past year, been preparing our Platinum Members to “weather the storm” and I felt I owed you at least one personal reminder (warning) about what’s coming.

I have blogged about this several times:

So I think I’ve done more than my fair share.

Today’s blog post is just one last friendly “warning” so you have a chance to consider preparing and protecting yourself, your family and your business.

As an optimist, I hope the “cliff” doesn’t happen,
but as a realist, I know it’s inevitable.

The cliff won’t be the end of the world – just very, very hard for those unprepared and unprotected. I hope you take this warning seriously and do what you can so you can continue to move…

Onward and upward!

Marc

P.S.
This is not a call for clients to come work with me. This is strictly an “absolution email”.

I want to be able to sleep at night knowing I did what you would expect me to have done… Tell you what’s coming.

Now I can sleep well at night knowing I have done what I needed to do and the rest, well that’s up to you. We all live with the consequences of our decisions and this will be no different, other than the level of hardship that many will face, which is why I have made this extra effort.

This is the last blog post I will publish regarding this. I am not a fear monger, nor a conspiracy theorist.

I have fully researched the basis of the prediction AND what to do about it, before, during and after the “crisis”. This phenomenon has been fully and thoroughly documented, explained and analysed by really smart people who have made millions (in some cases billions) from previous corrections and crashes.

All the guesswork in knowing what to do and not do has been completely removed. Amazingly, none of the protective prescriptions prohibit growth should it not occur, which is why I think it antimimeticisomorphically exponential!

Financial Market Turmoil

What would you pay NOW to have seen ‘this coming’?

Hmmm…. Interesting.

Even though I blogged about recent market volatility just last week and published a warning a year ago

I venture to guess most people discounted those “predictions” as fear mongering, contrarian thinking or even “conspiracy theory advocacy”… because that’s what the herd does, that’s why bubbles exist and why they pop.

My clients are a calm lot today and will sleep well tonight knowing they’re totally covered. They saw this coming and got prepared. But it’s not yet over, this is just the beginning…

No, no, no… Not the end of the world…

But the beginning of the setup to the single most incredible opportunity we will have to make a fortune. But I am getting ahead of myself.

The point is – imagine if you saw this coming,

  • What would you have done to protect yourself and your business?
  • Would you have taken advantage of it?
  • How would you have taken advantage of a market downturn?

That’s what it’s like to be a client of mine – I call it 20/20 Foresight: Knowing what’s going to happen BEFORE it happens.

If you want to make the most of what’s going to happen next…

Contact us and we’ll let you know if you qualify to become a client.

 

Best Books Of 2014

I used to publish a list of my top books, but then decided to keep that list confidential for my paying clients only.

As a speed reader, I consume over 100 books in a year and thought I could share ten of the best books I’ve read in the past 12 months with you.

Here it is – I am not advocating you read them all, just that I think they are worth considering the next time you want to read a good book.

  1. The Family Business Suicide Prevention Guide. Published in late 2014, written by yours truly. This is a MUST READ!
  2. Gone Girl by Jillian Flynn. You probably know about it because of the movie – I recommend reading the book first – the asynchronous style of writing is captivating, original and refreshing. Business people could learn from this book’s outstanding story telling and innovative approach to writing a novel.
  3. Scarcity – How having so little means so much. This is my “Business Book Of The year” selection.
  4. Curiosity – Another great contribution to our understanding of what makes us human.
  5. Talk Like Ted. Ted.com is YouTube for smart people. Ideas Worth Spreading. This is a book worth reading about speaking.
  6. Gold Rush – By Olympian and World Champion Michael Johnson. I am biased having spent a few hours at his facility. He’s the real deal and the book is worth every penny.
  7. How To Be Interesting – by Jessica Hagy. Who doesn’t want to be interesting?!?!?
  8. Blind Spot: Why We Fail to See the Solution Right in Front of Us – Gordon Rugg. Self-explanatory wisdom we all need to hear.
  9. The Demographic Cliff – Harry S Dent. If you haven’t read this yet, I hope it’s not too  late!
  10. Wait – The Art And Science Of Delay – Frank Partnoy – No it’s not a justification for procrastination. You need to read it to get the nuances that are priceless and timeless.

There you have it – 10% of the book I’ve read this year. If you’d like to learn to Speed Read, get my program by clicking on the hyperlink.

Imagine read TEN TIMES MORE THAN THE LIST ABOVE – EVERY YEAR?!?!?

What’s Coming

I have a special vocabulary I have created to define Exponential Mindset Thinking principles and concepts. One of the most powerful is 20/20 Foresight – the ability to create the ultimate future (destiny) you desire.

Admittedly it’s easier said than done, but not because the future is hard to predict, but because of the inertia you have that PREVENTS you from adapting to that (new) future which is why smart business people fail.

Please re-read that last sentence again…

I have been teaching this principle for some time and even blogged about it. In one blog post I explained the 20/20 Foresight – Strategic Planning Framework and in another I revealed how our clients are adapting to the impending “future forces”. In my personal coaching and mentoring blog I was much more direct in my prediction for the future.

There is no secret about what I expect to happen – Harry Dent has been promoting his views for some time and even published them in a bestselling book – The Demographic Cliff. After reading several of his books, I attended one of his information workshops in Los Angeles in May 2014 and was convinced that (1) I have to take this seriously and (2) I need to prepare my clients accordingly.

Simply stated, what I am advocating to my clients is that they prepare themselves professionally and personally – this is a lot easier than you would think. If the crash happens, they will be the “last man standing”, if the crash does not happen, they won’t lose anything, they’ll end up with a stronger, more robust business and bullet-proof portfolio. It’s all upside.

To learn what to do, you need to become a client. Contact us and we’ll let you know what to do to protect yourself and your business. If you choose not to become a client, good luck and please let me know how it all works out for you.

_____________________________

Note for future reference: Please look at the date this was published… which can also be confirmed as published on Twitter, Facebook and Linked In.

I know, don’t you wish you had (1) read this before it happened? and (2) if you did read it, that you had taken it more seriously?

 

 

Marketing Mistakes To Avoid – Hitler Billboard

What were they (not) thinking?!?
Hitler Billboard

Unfortunately most of the marketing mistakes people make are not this blatantly obvious.

I say unfortunately because if they are not obvious, then they are not recognised for the true blunders they are. These are silent killers that erode a company’s profits often to the complete ignorance of the business owner.

Ignorance is simply NOT KNOWING.

NOT KNOWING is no longer an excuse in this day and age of “Exponential Mindset Thinking” – It’s why MasterMind Groups were invented, work so well and are used by all super successful business people and the ultra wealthy.

You can’t be smarter than a group of your peers and you can’t outperform a group of your peers who are focused on your success…

It always baffles me when I hear and see people “going it alone” in business…

 

Dinosaurs And Opportunities

Exponential Mindset Thinking takes balls – moneyballs… Watch this clip from the hit movie starring Brad Pitt.

Enough said. If you want to get a lot more done with a lot less time, money and effort, contact us and we’ll show you the EXPONENTIAL way to run your business that will have your competitors scrambling – literally.

This is a must watch movie (even though the book is much better) for anyone who wants to learn the principles of what I call Management By Metrics.  Billy Beane changed major league baseball by overcoming more than a century of tradition and the wrong approach to building a “winning” team.

I won’t give way the key distinction, only to say that your business, industry or profession might very well be in the same situation, in need of a discontinuous innovation that puts you in the leadership position.

Antimimeticisomorphism is definitely required, but without Management By Metrics, it’s all theory and no practice. Games are won on the field, in the real world – not in someone’s head.

Making things happen and STICKING to it until it plays itself out is the underlying message that without that level of conviction, belief and discipline, it’s just another incomplete experiment.

You don’t want to dabble – you want to COMMIT when you know it’s right.

Easier said than done, that’s why a great book was written and an enjoyable movie was made.

Today’s business person

Every For NothingEveryone wants EVERYTHING for NOTHING.

AND they want all their problems solved YESTERDAY.

That is the problem with the world today…

It’s why it’s harder to do business.

It’s just too hard to be disciplined.

It’s too easy to be slack and hope something changes.

The world has changed, it has spoiled “us” and has robbed us of the tenacity we used to have – when life was a lot “harder”…

When we didn’t have 2 cars, we didn’t have mobile phones OR COMPUTERS.

We had to walk places, take buses, WORK PHYSICALLY to earn a wage…

Such is life – we are NOT going to change it – we just need to adapt. The challenge (for us) is to find the top 10% – because that’s all that’s left +/- 10 percent of the population who is willing to invest in themselves “the old fashioned way”…

If you want to grow your business exponentially – one step at a time, one day at a time, contact us.

 

Business and intuition

We have all had them – premonitions, gut feelings, the sense that something will happen before it does, knowing something we shouldn’t well before it seems logical or sensing something happening to someone close to you that is physically far from us…

Gut feelings… a sixth sense… by whatever name, intuitions can be informative. Many swear by them.

But in the investment world, mysteriously-generated feelings more often than not lead investors to make wealth-destroying decisions. In the business arena, the same is true – very capable, smart, hard working people travel down the wrong path with often devastating consequences. Working harder and harder based on a hunch or “opinion”.

There is a better way…

Nate Silver, statistics guru extraordinaire, put a face on the value of data and — when astutely analyzed — its ability to guide decision-makers toward the most desirable outcome. His CNN blog was widely followed during the 2012 American presidential election, because his statistical models proved more accurate than anyone else’s.

A year earlier, the Hollywood hit, Moneyball (originally published as a book), introduced the world to a unique idea: A data-driven, decision-making model can successfully overcome a lack of financial resources… allowing a stats-geek baseball recruiter to beat out deep-pocketed rivals who continued to rely on subjective intuition and gut feel.

When you look back, the writing’s been on the wall for years.
But very few want to read it.

The availability of troves of data — and the computer power needed to process it — has increased substantially over the last decade.

Yet, to some, the Big Data trend is scary.

The National Security Administration (NSA) spooked the world when Edward Snowden revealed the agency’s collection of massive quantities of our personal data. (Scary!)

Target stores reportedly have the ability to predict when a woman is pregnant — based on her spending patterns — even before she knew she was! (Scarier!)

And Twitter has analyzed billions of data points to determine which days of the week, and months of the year, we’re more likely to be happy. (Odd!) Here’s a graphic showing the analysis:

Twitter - Happy Day Of Week

Twitter, Target, and the NSA aside, financial markets are chock-full of data and, therefore, the ultimate playground for investors with a bent toward quantitative analysis. They even have their own nickname – quants!

If you’ve read my blogs for any length of time, you know I ONLY make decisions when my metrics show I have an edge…

I call it Management By Metrics.

Even though I am a fan of the power of the human spirit and readily admit that running a business is a balance of art and science, I NEVER make any major business (or investment) decision based on a gut feel. I am risk averse – why take a risk when you can reduce or eliminate it with some very simple, basic math?

I realise my pure and applied science and engineering background has influenced me. I spent several years immersed in the scientific method, which involves making observations about the real world, forming hypotheses (educated guesses) as to why the observations are what they are, and designing experiments to determine whether or not the hypothesis holds true.

Surprisingly, very few people in business use this method. Anecdotally I think it’s the popular aversion to mathematics as much as it is mental laziness. I am not suggesting you need to learn multivariate statistics, but just the use of Excel and a few simple formulas can take the guesswork out of most business decisions.

As The Exponential Growth Strategist, I facilitate our Platinum Program where you can learn the skills to acquire what I call 20/20 Foresight – being able to predict the future or manifest the future you seek for yourself or your business. Founded on scientific principles, it is with reach of anyone with a basic understanding of math and a hand-held calculator.

The science is straight forward and simple – the repercussions for you and your business can be, well…. astounding.

Contact us if you want to get past your hunches and gut feeling decisions that are letting you down or keeping you up at night with worry.

One thing that is crystal clear and most “experts” agree – the volatility and uncertainty we are currently facing is NOT going away anytime soon and in fact many agree it will get a lot worse before it gets better. It is the ‘new’ way of the world, well documented and well understood. We are in a cycle that will continue to play itself out in very predictable ways – well predictable for those who know what I am talking about!

Give us a call and we’ll introduce you to very exciting and valuable concepts like this one, that will put you back in the driver’s seat of your business (and your life) so you can steer in the direction of your goals and dreams and get to your ultimate destination (achieve your ultimate outcome).

Why business is getting harder

First, I want to apologise because this blog post is quite long – but necessarily so. It’s an excerpt of an email I received from a US-based financial “advisory” firm. The story is so well told – I have chosen to make only minor edits, so bear with me and the story for the priceless lesson it provides you as a business owner-manager.

I finished high school in a small town back in the swamp in southern Louisiana. We had 89 people in our graduating class, and the entire school had less than 400 students.

While we missed a lot of things because of the size of the school, there were some positives.

For one, athletes got to play several sports. In fact, my best friend was a four-sport letterman. He was fast, strong, and smart, so he was a free safety in football, point guard in basketball, 2nd baseman in baseball, and a sprinter on the track team.

Now, he is simply a relic…

The government has made his achievements almost obsolete. It’s nearly impossible for kids to pursue more than one sport today and still make a high-school team… because it’s all about the money.

Scholarship money, that is… and Division 1 in particular.

My friend’s achievements come back to me as I sit in the stands and watch my daughter play volleyball. She’s not playing on a school team this time of year, because volleyball season is over. Instead, we’re at a private facility where we pay too much for her to pursue this sport outside of her school. This is the world of “travel ball.”

Like most players, our daughter tried out for more than one organization, which then ranks the players. Then some of the players are offered a spot on a team at different levels (open, regional, state, local), representing where the team will compete.

Once on a team, players practice three times a week and play in six to 10 tournaments over the course of four months. There are also optional mini-camps… but keep in mind, in sports, practice is never optional, no matter what the coach says.

When the travel season ends, it will be summer, when the girls are expected to attend at least one three-day and one week-long ball camp, and there are other “optional” opportunities to play and practice as well.

Once school starts, the girls will try out for their respective school teams during the regular fall season. In October and November, travel-ball tryouts occur and the cycle starts all over again.

This process exists for baseball, volleyball, lacrosse, and probably every other sport.

Families spend thousands of dollars every year to pay for their spot on a team, for travel to tournaments (which can be across the country), for gear, and for camps. The costs easily can reach $6,000 per year.

While some players truly do it for the love of the game, there’s a different motivation for most. It’s all about Division 1.

Parents and players have a laser-like focus on making it to the big-time: scoring a Division-1 college scholarship to top level schools, like Duke University and University of Southern Carolina.  

Everything about their pursuit of a single sport centers on the possibility of being selected to play at a great college, thereby obtaining a “free” degree.

With the cost of college outrageously high, sports scholarships are one way for kids to be able to attend pricey schools. So families do what they can to bolster their kids’ chances. The kids play all year (school and travel ball)… they go to camps… they go to all of the practices. And they focus on only one sport in order to master the skills necessary to get selected.

The years of multiple-sport lettermen are over… thanks to a larger force that’s driving everything.

It’s the force that has driven college costs outrageously high, bringing us to the point where it’s impossible for a median-income family of four to afford it.

I hope we’ll find a way to reduce the price of college, and thereby relieve some of the pressure on high-school athletes who are trying so hard to get scholarships at the expense of pursuing, or even trying, other interests.

Here is the lesson for business owners:

Every single industry has gone through a transformation like the one that has afflicted (hopeful) US college students… It is getting harder and harder to compete because successful companies have specialised with laser-like focus out of necessity, to stay in the game so-to-speak.

So what can you do to counter-act this?

You need a DIFFERENT approach, to get DIFFERENT results.

Ignoring what has changed will not make it go away any more than a US student who doesn’t pick his or her sport in middle school or at the very least at the beginning of high school. Otherwise, it’s “game over”.

That’s today’s lesson – if you THOUGHT the game of business had changed – it has and continues to change at an alarming rate.

We offer business coaching and mentoring services to help you stay “ahead of the curve” and leverage these changes to your advantage rather than becoming victim to them.

Contact us when you’re ready.

 

20/20 Foresight

One of the foundational concepts of the Platinum Program we run is to develop what I call 20/20 Foresight, the ability to predict and/or manifest a beneficial future – regardless of the forces that might be at play. A recent article in BRW Magazine highlighting why baby boomer business owners may retire with nothing makes this point clearly and succinctly.

We know the adage that “knowledge is power”. With this particular knowledge, there is no question that the only reprieve is to build a profitable business that someone wants to buy – because of the FUTURE income streams, not emotionally-laden ‘goodwill’.

Easier said than done, but then again if it was easy, everyone would succeed.

That is one of the many advantages, and largely hidden benefits of our Platinum Program – having discussions like this one, and exploring the options available to select the best choice possible – ahead of the crisis.

Demographic statisticians and economists are mostly in agreement that the largest demographic generation in history, the baby boomers, will have a profound, pervasive and permanent effect on society as they age and exit their cycle. The question isn’t a question of IF, but WHEN.

Each industry (and country for that matter) has a slightly different exposure and corresponding timing. For example a doggy day care will still have good times ahead while baby boomers get older and spend more time with (and money on) their beloved dogs, whereas a construction company relying on the sale of residential homes and units will struggle as existing homes become vacant as boomers move into assisted care living accommodations.

If you’d like to make the most of the next few years, there is no better time than right now to position your business to make the most of what is coming – or prepare your company for a sale before there is a glut of (non) buyers.

Contact us when you’re ready.

 

 

 

 

What you can learn from watching ‘Breaking Bad’

I just recently purchased the first two seasons of Breaking Bad on DVD. I rarely watch TV and when I do, it’s when it suits me. Time shifting is one of the many personal productivity principles I teach.

Breaking Bad is the ideal example of what happens when you adopt an emergent strategy approach without the skills to handle it. In our 1-Day MBA program and the more extensive 4-day residential version, we cover this approach in the course curriculum. From now on, I will include this as one of my “don’t do” slide examples!

Emergent Strategy, Strategic Planning, Poor Planning

Often, the most valuable business advice I can give is how to avoid mistakes that most people make – usually unknowingly. Contact us if you want to avoid the most common mistakes made by business owners and executives.

20/20 Foresight

Wouldn’t it be nice to be able to look into a crystal ball and see what the future holds?

20-20 Foresight. Exponential Programs20/20 Foresight might not be THAT precise and accurate, but there are tools, tips and techniques you can use to determine trends and tendencies forecasters and analysts use on a daily basis to predict what’s coming.

Small businesses are notorious for being reactionary rather than proactively aware and ready to face the future. This is partially because owner-managers work IN their business much more than ON their business as well as because they simply are not aware that these tools exist.

Next Saturday, in Melbourne, we are holding a 1-day workshop that will introduce you to the concept of 20/20 Foresight that is synonymous with Exponential Mindset Thinking, leveraging the MasterMind Principle in an interesting and creative way.

There is nothing worse in business than being caught completely unprepared. This workshop will enable you to start developing forecasting and preemptive strategies that will enhance your view of the future to improve the decisions you make today.

Imagine having a copy of a exam, weeks before you have to sit the final?

How differently would you study?
How much less stress would you have?
How would you go about your lectures and study habits?
What would happen to your grades?
Would you enjoy the process more or less?

The same can be true for your business – but only if you know the tools, tips and techniques to acquire 20/20 Foresight…

So if you want 20/20 Foresight, contact us and we’ll help you create the future you want.*

*Oops… Did I forget to mention that once you have an idea of what the future holds, you can actually start to change it?!?!?! Oh well… No use getting into how to do that unless you attend.

Hyperbolic Discounting: Why most people don’t succeed

I can tell you that without a doubt, hyperbolic discounting has to be one of the primary contributors to non-success. Given two similar rewards, humans show a preference for one that arrives sooner rather than later. Humans are said to discount the value of the later reward, by a factor that increases with the length of the delay. In simple terms, humans (even adults) want instant gratification more than long-term success.

hyperbolic-discounting

Research has shown there are two types of people – those that can and CHOOSE to delay gratification and those that can’t or CHOOSE not to.

I can tell you, with 20 years of business coaching and mentoring experience that I concur AND it is one of my key determinants in working closely with a client. UNLESS this is fully understood and adhered to, there is no point in expecting success to “happen”.

 

Success is a habit, a way of life, of being, of doing. It is making daily investments for a lifetime of rewards, many of which are days, weeks, months or years in the making. Take an academic degree – it takes months or years before you can “obtain” the designation or diploma and graduate. The same is true with playing a musical instrument or mastering a sport.

I have to admit that the SOURCE of this ability to NOT discount hyperbolically is unknown to me and if you do indulge in it, I am not sure what you can really do to counteract it other than to bring forward the benefits in a tangible, realistic fashion. Imagine the rewards or results RIGHT NOW… Feel it, think it, know it will happen and that one day will come when you will have this feeling… Just not today. Ask yourself if you think it’s worth waiting for and if it is, then stick to your plan and MAKE IT HAPPEN.

This is where willpower comes in or what I call Whypower – if the WHY is strong enough, the will will be there.

Create a big enough WHY…

Then, all you need are strategies to make your goal or outcome happen… Strategies that work. Strategies you can implement – NOW so you get a sense of instant relief that at least you are progressing towards your goal or outcome.

Contact us if you want to learn shortcuts to making things happen. There is always a better, easier way – the key is to have someone who can show you what they are, so you stop wasting valuable time, money and effort with a trial-by-error approach.

 

 

 

Lean In – to your business and/or career

Lean In by Cheryl Sandberg is one of the best books I have read in a long time. I suggest you click on the image below and if you have a Kindle, iPad or iPhone with the Kindle App (it’s FREE), download the FREE sample.

I have blogged extensively on women in business and what makes female entrepreneurs successful. I strongly recommend this book to anyone who wants to help women succeed in their careers and business. I originally thought it might be a feminist manifesto, but I was pleasantly surprised how we she was able to address this topic with grace, elegance and no sign of extreme “activism”. It’s a point of view that needs to be heard and digested by both men and women.

 

Practice does not make perfect…

I remember the first time I heard this, in my teens.

“Practice does not make perfect…
Perfect practices makes perfect!”

Once I understood that it’s only when we practice what we want to re-create can we claim to be practicing “perfectly”…

But it took me close to 10 years before I resolved the recursive (circular) reasoning this creates…

If you are practicing ‘something’ – then that means you can’t do it perfectly (yet) – so then how can you practice it perfectly?!?!?

The logical conundrum was finally resolved when I came across Dr Erickson’s concept of Deliberate Practice combined with the idea of Concentration Of Focus.  Together, these constitute the secret weapon that champions and iconic sports stars master to the detriment of their (unknowing) opponents.

First is the concept of Deliberate Practice – knowing the difference between what you know and don’t know how to do. Cognition (learning) requires you build from what you know, adding distinctions and understanding in layers, expanding what you know until you eventually achieve understanding of the previously unknown.

In sport, it is the same process to acquire a new skill or ability. You need to first determine what you are capable of doing, assess what your body (and mind) can accomplish with your physiological constraints and bridge the gap between that and the ultimate skill or ability to wish to achieve.

The challenge lies in HOW to undertake that process methodically and systematically. That’s where Deliberate Practice principles come in.

You can’t focus on more than 1, 2 or 3 things at any given time. Too often, coaches will point out dozens of problems thereby completely diffusing your concentration of focus.

It is only with the combination of Concentration Of Focus and through Deliberate Practice that you can create performance breakthroughs. This is true on the squash or tennis court, football field, gold course or office.

Even though this sounds simple enough – even in sport, it is only the most elite, dedicated athletes that engage in this behaviour.

In business, it is even more rare.

There are very few business coaches (mentors) who understand the mechanics and requirements that promote and enable entrepreneurs and business executives to flourish through Deliberate Practice and Concentration Of Focus.

Deliberate Practice BooksIn sport, a coach needs to have both  a specific and a holistic understanding of the sport either through competitive play him/herself or through specialised training. Believe it or not, this is rare. In fact, most coaches I’ve met haven’t read a single book on “mental toughness”…

In business, most coaches do not have the academic acumen let alone the diversity of experience for holistic understanding and furthermore they often lack any training in these elite strategies and methodologies.

This is well documented and researched, but still remains in the realm of the most elite and ambitious business people simply because of the breadth and depth of comprehension and practice required to master.

Other than speed reading which I still consider the #1 life-changing skill – the ability to “practice deliberately with a high concentration of focus” is the second-most valuable skill to master for anyone who wants to succeed – at anything.

So what does this have to do with growing your business?

Great question!

The simple answer lies in accepting that most people are in ‘the herd’ and by extension, they will produce ‘average results’.

If, however, you are seeking to grow your business, you can’t expect to achieve that goal by doing what everyone else is doing – you have to do something different AND DO IT DIFFERENTLY.

That is precisely my point.

Deliberate Practice with a high level of Concentration Of Focus takes a special environment and monitoring to ensure you establish, maintain and sustain ‘it’ consistently and for long enough to produce the stellar results you seek.

Our Platinum Program is designed specifically to incorporate these and other cutting edge coaching and mentoring methodologies.

If you are interested to take your business to the next level and create more than 25% annual growth in sales and/or profits, contact us.

If you read Malcolm Gladwell’s bestseller Outliers, you know what the pop psychology thinking is – that you need 10,000 hours to achieve expert status or mastery of a skill, sport or musical instrument.

10000-hours-time-graph

What Mr Gladwell did not reveal in his book is what other authors have identified – short cuts that can reduce that time significantly. Those well-kept secrets are what makes our Platinum Program priceless and timeless.

  • Priceless because it means that once armed with this new understanding and corresponding new abilities, you can and will out-perform your competitors and they will not be able to respond because MASTERY means you have the skill to adapt and overcome to whatever they try to do.
  • Timeless because these strategies have worked for decades and will continue to work for decades – future proofing your business and career, once again BECAUSE this is not a cookie-cutter template approach. What you learn in the Platinum Program is how to re-program yourself into a peak performer. That means you can deal with anything that comes your way.

Like Roger Federer or Rafael Nadal can handle any ball that comes across the net, you could have the same level of mastery in business.

If… you acquire the skills of a master…

 

 

 

 

 

 

 

Why Smart Business People Fail

In a previous blog post, I touched on several foundational concepts that can help you to go from establishing motivation to creating momentum. Today, I want to focus on the catalyst, the initial trigger(s) that can help you start the process. First and foremost, to get moving, you need to overcome inertia. Inertia is defined as “the predisposition for a body to remain in the state that’s it’s in.” That means if you are NOT moving, you want to remain still. If, however, you ARE moving, then you want to remain IN MOTION. Therein lies the first reward for taking action.

Once you GET moving, it’s easier to STAY moving.

 I know, I know… “Easier said than done”. Especially in the morning when you are lying in a warm, comfortable bed and the last thing you want to do is get up and go for a run, do exercise or get a head start on your day.

You have seen it first hand at the playground with a merry-go-round. The first pull is really hard, and then it’s effortless to keep it spinning. Success is just like that – it gets easier as you become (more) successful.

merry-go-round- first pullInertia is one simplistic answer that pop psychology likes to hone in on. I prefer to look a little deeper than the superficial factors that don’t provide much insight nor contribute to providing practical solutions.

One of the primary reasons people don’t do what they KNOW they should do is because of prior (negative) experiences. Yes, the psychological literature addresses a person’s predisposition towards positive affect (seeing the glass half full), self-efficacy (you think you can complete a task successfully) and self esteem, but those are all quite superficial and of marginal practical value.

Dont Look Back QuotePast failures are the #1 contributor to most people’s inability to take action on projects and opportunities that are (blatantly) beneficial to them. One of the most valuable lessons champions learn is that the past does not equal the future and past performance is NOT a predictor of future success.

Once again, and I apologise for repeating myself – “easier said than done.”

We need to fail to learn the difference between what works and what doesn’t. The quicker we fail, the quicker we learn the lessons and the faster we are able to turn our REASONS for not achieving into the RESULTS that we seek.

Simply stated:

We are reasons or we are results.

When you face the harsh reality of life, and really think about it, you’ll agree that when you don’t achieve a RESULT, there are REASONS. The more REASONS there are, the better. That is because there are MORE sources to solve the problem so you can achieve the desired RESULT.

Negative MindBut and there usually is a but involved – most people don’t want to face the truth and therefore kid themselves ignoring the REAL REASONS that deny them from achieving the RESULTS they seek and desire.

This is where self awareness becomes a key ingredient of extra-ordinary success.

A true champion (a super successful person) addresses these issues, one by one, removing the REASONS so the RESULTS can emerge, as if by magic.

But most people get discouraged with failures and shortcomings, get down on themselves and lose faith. The reason that it is so pervasive is that without the proper coaching, mentoring or assistance, more (wrongly directed) effort is futile.

Here is a new twist to the glass half empty or full question that I thought would be appropriate to introduce to you.

 

How heavy is this glass?

At first glance, you might guess 200 to 500 grams and you’d probably be right – technically. But if the question is metaphorical, it depends… glass-half-full

  • If you hold the glass for a minute there is nothing to be concerned about.
  • If you hold it up for an hour, then your arm will be very sore.
  • If you hold it up for a whole day, then the pain will be excrutiating.

And yet the weight of the glass did not change, but its heaviness certainly did.

The metaphor is simple: if you carry your past (negative baggage) with you, the longer you hold on to it, the heavier it gets and the more pain it causes you…

Think about it…

Flat TireThis compounding effect is devastating to the person who just does not know any better. The great thing about living in a developed country is that the tools for success are within EVERYONE’S reach.

For example, I have published over 4,000 pages of FREE content on my blogs.

Anyone with an Internet connection can access business building, career advancement and personal development tips, tricks and techniques at NO COST.

Of course, the Internet is filled with priceless and timeless data and information. But without a framework, it remains impotent – neutral, often useless.

You need a framework, a strategic intent that first creates a catalyst or trigger to get things going and growing and then an approach to maintain and build the momentum.

But and there’s that much hated word again – but… without a DECISION, nothing happens.

There is a saying that it is in our moments of decision that our destiny is shaped, however I, without meaning to be cynical, think it’s more a case of:

 

“It is in our moments of indecision that are dreams are destroyed” – Dr Marc Dussault

 

I have seen too many people hesitate, procrastinate and essentially self-sabotage their careers and business outcomes due to fear of making a decision. Fear of taking a stand. Fear of raising the bar. Fear of taking a chance (on themselves). Fear of creating the potential outcome that is within their reach – their ultimate destiny.

Take-The-First-StepOne of the key reasons is a concept called “perfect information”. If you Google it, you’ll end up on Wikipedia with the Game Theory explanation “perfect information describes the situation when a player has available the same information to determine all of the possible games (all combinations of legal moves) as would be available at the end of the game.”

Real life never provides “perfect information” so expecting it is a recipe for certain disaster and disappointment. Perfectionists and procrastinators seek this “perfect information” and get caught in the analysis paralysis paradox, a self-fulfilling vortex with no way out.

So where does that leave most people?

STUCK.

Stuck in the predicament they are in. Stuck in their mindset. Stuck in their current reality.

STUCK.

Without the desire, drive and determination to get UNSTUCK, they repeat the patterns of the past, over and over and over again.

The ONLY solution is to BREAK THAT PATTERN.

Here are easy ways to get UNSTUCK:

  1. Accept that perfect information does not exist and start moving forward WITHOUT knowing what the second step is. The first step will reveal it to you, but only once you’ve taken it. Break the vicious circle by taking the first step.
  2. You do not need to know ALL the steps to a destination to get there. You just need to know you WANT to get there and take the first step.
  3. Get advice from people who have achieved what you want to accomplish. You wouldn’t ask your car mechanic to cut your hair, so be careful WHO YOU TAKE ADVICE FROM!
  4. Remain committed to your outcome, or change it (your outcome or goal) if you must. Nothing worth achieving will come easy. Accept that otherwise don’t waste your time.
  5. Recognise that momentum, once created, is easy to maintain and build upon. You have seen it first hand at the playground with the merry-go-round. The first pull is really hard, and then it’s effortless to keep it spinning. Success is just like that – it gets easier as you become (more) successful.

For all of this to ‘happen’ – you need a BIG REASON to do ‘it’. You need something bigger than yourself, more important than “just making money”. You need to pick something that means something to you, resonates within you. Pick something that once achieved, will change your life and/or the lives of others you care about. You need a purpose.

When you find that “purpose” you will have the fire in the belly to get started. With that initial motivation and enthusiasm you will create the catalyst for change and the momentum will build from there to help you achieve your dream(s).

Without that “purpose”, you are impotent, stagnant, inert, blasé, bland, indifferent, STUCK.

Create the catalyst and you will soar to greater heights than you ever previously imagined… and you will embrace pushing yourself…

I’ve already published an extensive post on Victims and Martyrs that you can refer to.

Without being too much of an idealist, I believe that (almost) everyone can achieve their ultimate destiny – but – the number one thing that prevents that from happening is their inability to resolve the REASONS that prevent them from achieving the RESULTS they desire.

It really is as simple as that.

Don't look backSuccess is really not complicated, it comes down to wanting it bad enough for a reason important enough and then doing whatever it takes to make it happen.

Of course there is a HARD way and an EASY (Exponential) way…

It’s your decision…

MAKE IT.

From Motivation To Momentum

Exponential Programs - The Life You Want To LiveI am a huge fan of inspirational quotes and motivation messages, especially those that make you stop, think and re-assess where you are, where you are going or who you are and who you want to become.

Without getting into too much existentialist psycho-self-analysis, this simple quote can be a life-changer if you take the time to think about what it really means.

To put it simply, whenever something happens that throws you off or frustrates you, it usually means it’s not something you want or should be doing.

So why then does it happen (so often)?

That is the million-dollar question.

Simply stated, if you lived your life and ran your business or career “on purpose”, in line with your passions, beliefs and values, you would be living the life that you want to be living.

Think about that for a second. I mean seriously consider what this means.

Easier said than done, I know.

That’s why one of my most popular programs “My Best Year Ever” is so powerful. It starts by helping people determine what they really want and then, by achieving more of what they want, they begin to reduce the regular intrusions and frustrations.

Bit by bit, they start to live a more fulfilling, enjoyable life that makes it easier to deal with the less frequent interruptions and obstacles that present themselves.

But this blog post is not about selling you “into that program”. If you want it, it’s available at the click of your mouse.

This blog post is a no-strings attached gift for you.
No opt-in, no commitment.
Just keep reading and you’ll benefit from
the priceless and timeless advice it contains.

Exponential Programs - Take The Leap

Back to my story….

Once you start to live “on purpose”, it’s as though your compass (internal GPS) points you in the right direction and you start to make one good decision after another – like magic.

I say “like magic” because that is how powerful and pervasive the Law Of Attraction can be – if and only if – you are congruent and crystal clear about what you want.

When you know exactly what you want,
everything changes.

One of the strongest forces that will come to your assistance is your Reticular Activation System (RAS) in your brain. The RAS has limitless potential to provide you with solutions to problems you didn’t even know you had, before they even occur.

But here’s the thing about the RAS that most people don’t know. Without a crystal clear picture of what you want, it can’t help you. It can’t focus on the reverse of an idea, in other words steer you away from what you don’t want. And it can’t see through an approximate or ambiguous description (I want to make more money). How much is more?

The RAS acts and proactively reacts to your clearly stated, and specific purpose, leveraging the brain and mind’s “positive intent”. This is one of the most powerful forces in personal psychology and yet if you Google it, you’ll have difficulty finding any references beyond the pop psychology quotes on positive thinking.

That is one of the many services I provide my clients – access to information and knowledge they would never find on their own. It’s partially because I have 5 university degrees (in a variety of disciplines from engineering to law, business, ecommerce, entrepreneurship, organizational behaviour and family business) as well as the 1,000+ business books I have read. (Yes, I am a speed reader.)

Positive Intent

Positive Intent is one of the most powerful forces in personal psychology. It’s the only way a non-psychotic individual can take his or her own life. The Positive Intent is that the brain calculates the PAIN of living “like this” as more than the PAIN of ending one’s life. This is an extreme example of Positive Intent.

In so much as this is the negative example of Positive Intent, once you understand its limitless force, only then can you accept it is both pervasive and permanent. Human beings cannot function without it.

A less traumatic example is how Positive Intent has to be overcome to become a sports champion.

Take tennis for example. A rally gets going and the ball gets hit back and forth. Within a few strokes, the brain’s Positive Intent wants to END the point – even at the cost of LOSING the point – because it is tired. The brain will work AGAINST the player’s positive expectation and desire to win and sabotage the point – UNLESS the player has sufficient Mental Toughness to overcome that irresistible and irrepressible desire to end the point at any cost.

The same is true in business, but to a less visible degree.

 

This is why so many business owners suffer in silence.

 

Business people routinely and repeatedly sabotage their own success and never understand the mechanics involved and thus remain powerless to overcome them.

Today’s email is a first step in enlightening you to the information and knowledge that exists – slightly out of reach of the layperson. The knowledge resides in a chasm between academia and every day life. It unfortunately falls in the crack and very few business people seek it out. Even fewer fully understand how to deploy and leverage it.

Those that do, become champions of business. They are the ones others look up to for guidance, inspiration and motivation.

Those champions are just like you – the ONLY difference is that they know things you don’t and have learned how to apply their knowledge strategically, tactically and exponentially.

“It” becomes their defensible, competitive advantage.

That’s what today’s email is about. Giving you a taste of what newfound knowledge can provide you and your business.

First, if you haven’t previously read my emails or had a look at my blogs, you need to know that I have a very unique approach to business coaching and mentoring. My philosophy and methodology is cutting edge and not for most people. It is intense, demanding and for those fully immersed in it – it is thrilling.

I’ve accepted that the top of the success pyramid is much narrower than the base. I have chosen to work with the best because I have tried the alternative and it doesn’t work.

The “average” person does not have the drive, determination and discipline to change his or her predicament. They would “like” their lives to change, but anytime there is a decision that needs to be made – they hesitate, second-guess and otherwise procrastinate. By the time they might be ready to make the decision, it’s usually too late.

I accept that you may not be ready, willing or interested to grow your business and/or improve or enhance your career. Not everyone is an achiever.

If you are an achiever and realise you have greater potential than your current results reflect, then keep reading…

 

Desire. Drive. Determination.

 

Working with high achievers, I could easily take for granted one of the key prerequisites for success – desire, drive and determination. But I don’t because I know that unless you really, really want it, “it’s” never going to happen for you.

Unless you believe “it’s” possible for you, you won’t get excited and motivated. So yes, it’s a vicious circle, the chicken and egg dilemma – which one comes first?!?!

For some (few) people, they just know what they want, for (most) others, they need to figure that out. The best way to figure out what you want is to start doing new things and gauging if the results are more of what you want or less of what you want.

Let me share with you a practical example…

About 3 years ago, I recognised we didn’t have enough women in my elite Platinum Program. So I set out as I explain in my Blogging For Business Webinar, to create online content that caters to women.

I created the following pages:

I started blogging about issues of interest and concern to women without being chauvinistic or sexist – but I did take a stand and position on some controversial issues.

That is one of the important messages I reinforce over and over again.

You have to take a stand, a position
on things that are important to you.

For example, two of the controversial concepts that I address in my blog are:

Erotic-Capital-Woman

  1. You can’t afford to be ugly. Pretty people make more money than less attractive people. It’s well documented and called Erotic Capital. There is substantial (legitimate) academic research to support it. When we’re honest with ourselves, we know this is true… And…
  2. Taller people earn more than shorter people. These are incontrovertible facts – fully researched as well as supported with countless anecdotal evidence.

The amazing thing about information like this is
that with the proper knowledge, you can even overcome
being short– IF you know what to do…

But if you don’t, then you remain a statistic with the odds stacked against you.

I know. It’s not fair. These are not my rules. These are universal laws. I teach my clients how to re-write the rules in harmony with their morals and ethics.

The point here is simple – with DOZENS of pages that are keyword rich and fully optimised for my intended audience – powerful, successful business women – I have been able to triple the percentage of women in my most exclusive mentoring program in less than 2 years.

If you want to learn the underlying strategies I teach, you can refer to my Business Blogging Webinar or my Internet Sales Lead Generation Webinar called Turning Website Browsers Into Buyers.

This was not done in a manipulative manner. I created value and a conversation that appealed to successful women and they chose to work with me. That is the true power of authentic marketing and positioning.

Let’s take another, more lighthearted example:

One of the most frequent questions I get asked is “We hear about delivering value and giving it to prospects to create reciprocity, but how do we do that without selling or giving products or services away for free?”

Here is are a few examples:

I love animals and want to have more clients who share my love of animals (even if this has absolutely nothing to do with my business mentoring services). One way to attract more animal lovers is to create gifts that appeal to them.

Case Study #1: Woofs Of Wisdom

Click here to download my “Woofs Of Wisdom” – a collection of canine jokes and funny quotes. It’s free and does not require an email opt-in.

This free giveaway is lighthearted fun that I, and my clients, give away for free, with no email opt-in requirement. We want to spread goodwill and fun because it is one of the foundational principles of Exponential Mindset Thinking –

Having FUN doing out-of-the-ordinary things
that create extra-ordinary results
with the least amount of effort and lowest cost.

You can access the Woofs Of Wisdom on a variety of websites, including Paddington Pups’s website. Just scroll down the page and look at the bottom of the right hand side column for the banner.

Case Study #2: Computational Words Of Wisdom

Once you get this concept, then you can adapt it to your particular industry, like Ray Keefe and I did when we co-created the Computational Words Of Wisdom.

Case Study #3: Steve Jobs’ Bytes Of Wisdom

Then of course there are the Steve Jobs Bytes Of Wisdom, which was submitted to me by one of my many loyal blog subscribers. It’s important to fully recognise that when you create a surplus of value to the “universe”, it will respond in kind to compensate you directly or indirectly. It’s called “paying it forward.”

 

More than 50% of my blog content is user generated.

 

Submitted from dozens of countries around the world, my blogs are a priceless collection of more than 4,000 pages of insights and information that you would otherwise never get your hands on.

I, on my own, could never assemble such a diverse collection of tips, tricks and techniques. But none of that happens without the first initial step…

Nothing happens without a catalyst, a trigger.

This is where I want to end this email – back where we started.

Unless you know what you want and have the fire in your belly burning RED HOT, there are too many distractions in the daily grind of every day life to achieve your wildest and most exciting dreams.

Just remember:

“If you don’t know where you’re going –
you will get there.” –
Dr Marc Dussault

 

If you do have dreams, goals and aspirations that you want to reach, you know how to reach us. It’s what we do. We enable, inspire and empower business people and entrepreneurs to discover and live their ultimate destinies.

It’s very rewarding, enjoyable and mutually satisfying. Imagine being in a room full of successful achievers who keep redefining their lives, raising the bar and winning the game of business AND having fun doing it?!?!

Onward and upward!

Dr Marc Dussault

The Exponential Growth Strategist

P.S. In a future blog post, I will address the question that should be on your mind right now…

“What makes someone exponential?”

For example, what makes someone think to download the various documents in this email and send them out to friends and family TODAY? Why do some people click on the hyperlinks and buy the products and get started NOW rather than later? Why do some people do this instinctively whereas others second guess and doubt (themselves)?

These are profound thoughts I will address in a future blog post. Along with the benefits and advantages of people who take action. The undeniable truth is that it is only with actions that we create results.

For example, by the time I publish my follow up blog post, I know without a doubt, someone will leverage what I have provided to either create value or make $1,000 in cash. It happens every time.

The question is why don’t most people do this even though they KNOW it works?!?!

Stay tuned for that discussion in a future blog post.

 

The duality of English/French Canada and what it means to you as an Australian

I recently spent a week in my hometown of Montreal. It’s in the French province of Quebec in eastern Canada. Ignoring the separatist Quebec issues and constitutional legal wrangling involved, the linguistic and cultural duality of Canada was something I took for granted when I grew up and lived there.

This recent visit was the first time, since I emigrated to Australia 12 years ago, that I fully re-immersed myself into the French culture. As a result, I had a paradigm shift.

When I am thinking in French (I am fluently bilingual so I don’t translate when I speak either language), I actually have different thoughts, analytical patterns and even specific emotions for each language. It is largely due to syntax, vocabulary, linguistic structure, local expressions and vernacular that trigger different parts of the brain including memories and emotional anchors.

The reason this is relevant and important for you as a business person who isn’t Canadian, is because without total immersion or even exposure to a different ‘world view’ – you will remain restricted within your ‘world’ and will continue to have the same thoughts over and over again.

That doesn’t mean you need to become Canadian, learn French (or any other language, although that is a wonderful skill to have) but you do need, from time to time, to extract yourself from the day-to-day monotony of running your business to stimulate and encourage different thoughts and thinking patterns.

It’s one of the reasons I enjoy traveling – even domestic travel stimulates the senses. However, the more culturally diverse your exposure, the better.

This has been one of the most powerful insights I’ve had in quite some time. Often the greatest and most valuable epiphanies are within the realm of our own experiences, we just need something, someone to rattle them out of us!

If you’d like to join an environment that creates and encourages these kinds of enlightened revelations, contact us and we’ll guide you through the various programs we have available. We have options for a wide range of budgets as well as matched to your level of ambition and drive.

Are you in the entrepreneurial jail?

One of the sad things I see in my line of work as The Exponential Growth Strategist is business owners who are slaves to their business and won’t admit to themselves.

They put up appearances and “posture” when I meet them, claiming they are decisive and “in charge”, but just a little probing reveals the truth.

They are working for their employees and not the other way around.

Now don’t get me wrong. Great employees are fantastic, but toxic employees are a life-threatening, profit killing cancer to a small business.

I put together a quick quiz you can take to determine if you’re in the entrepreneurial jail or not.

Are You Really In Charge? Problem Employees, Bad Employees

Yes = 1, No= 0, Not Sure = 0

Total your points and let’s see how you measure up:

If you scored 1, 2, or 3: You’re on death row
You know there’s very little hope for freedom unless you make dramatic changes.

If you scored 3, 4 or 5: You’re got a life sentence with a chance of parole
You have a job with tax benefits and poor working conditions.

If you scored 5, 6 or 7: You’re on parole.
Like most business owners, you like to think you’re the boss, but you realise your personal life and schedule revolves around your staff showing up physically and “mentally” to get the job done.

If you scored 8, 9 or 10: You’re Free!
Y
ou’re in control and happy to be master of your own destiny. You are the exception to the rule. Well done!

If you scored 0, you know you’re taking your last breath, time has run out and all the appeals have been used. It’s over.