Perhaps you know the famous proverb, “Give a man a fish and you’ll feed him for a day; teach a man to fish and you’ll feed him for a lifetime.” It may seem like an obvious concept, but it’s surprisingly hard for business owners to embrace. The essence of this idea speaks perfectly to why you owe it to both yoursel...
If you’re feeling stuck in your business, then one thing must be true: Your business isn’t living up to the picture you have of what it could be. And that means you have a dream business in mind, which is good. But have you ever written it down?
It’s easy to run a business in default mode, to operate reactively instead of proactively. Many business owners do it. They allow systems to develop by happenstance in their business rather than designing them with intention; they keep their business afloat on referrals and word-of-mouth instead of developing a Ma...
One of the essential skills for any business owner is negotiation. How well you can negotiate a favorable agreement or deal for your business makes the difference between growing to achieve your goals and not. There are so many different types of relationships—ones with your employees, your vendors, your customers...
I recently heard an incredible statistic about how working less boosts productivity. It came from a study done this year at Microsoft Japan, where for the entire month of August, employees worked four (as opposed to five) days a week. It caught my attention because Japanese work culture is notorious for grueling h...
Unless you’ve had personal experience with it, business coaching is probably a bit of a mystery. Do business coaches just walk in and fix the broken parts of your business? Are they only there to motivate and support, or do they get down in the weeds with you? In our 40+ years coaching owners to be entrepreneurs, ...
When you think about your business, what do you see as your product? Is it the commodity you sell? The service you provide? The community you help build? Or is it the business itself?
When I started as an EMyth Coach in 1996, I had a client (let’s call her Kathy) whose biggest frustration was not being able to trust her people to take care of the business in her absence. She confessed that it had been ten years since she’d gone away for longer than a weekend. Just one week prior, she’d stepped ...