Management
Are You the Master or Slave of Your Business?
What do ultra-successful business owners and top executives ALL do to achieve their goals so much faster than others - with far less effort and struggle?
You can bet they are not slaves to their business?they are the masters of their businesses!
If you are struggling too hard and feel like a slave to your business, you need to learn what ultra-successful business owners and top executives all do to achieve their goals faster - with far less effort and struggle.
Are you the master or the slave of your business?
Take this test to find out.
There are two types of business people; those who master their business and those who are slaves to their business. Which are you?
Here are 10 danger signals:
__ I am impatient with others at least several times a week.
__ My spouse (or employees) just don't get how big a job this is.
__ Given the effort I put in, my net income is nowhere near high enough.
__ If I wasn't here, the place would fall apart within a month.
__ I can't seem to attract - or keep - the right staff.
__ I'm doing tasks that I do not like or am not very good at.
__ I am working more than 10 hours a day.
__ I am running faster and harder than I probably should be.
__ It is hard getting my workers to do what I want them to do.
__ Some of my workers make my job harder.
__ I am often unsure of what to do next.
If you want the business you dreamed of, you must get command of your business. Stop working long hours. Stop trying to do everything yourself. Learn to run your business so that you have plenty of free time with a dependable team to manage the details. I have coached hundreds of business owners to create their dream business and have learned the essentials of what it takes.
Your business cannot grow any faster than you do; you will need to learn the secrets of personal growth and to turn yourself into a great boss.
Like John who mastered the necessary business skills and now has plenty of free time for doing what he loves. John goes on many vacations. He feels comfortable leaving his business in the hands of his carefully selected and trained subordinates. Even when he is away, his business continues to earn money that supports his lifestyle.
Those that are slaves to the business feel that if they're not at work, things would fall apart. They work long hours. They attend to details that somebody else should be doing. Employees are so dependent that they dare not make a decision and constantly seek their employers? direction.
Or, they know how to manipulate and take advantage of their employer. I know owners who were afraid of their workers and felt intimidated. These owners would not effectively reprimand them for their failings. Some owners would be so spineless that their reprimands had no effect. Other owners would overlook repeated errors. One owner endured a worker?s tardiness time after time and said nothing. He swallowed his feelings and became so frustrated that when the worker was late for the 10th time, the owner completely lost his temper and ranted and raved at the surprised worker.
In an effort to solve the problem, owners with this type of problem would resolve to do better the next time. Invariably they fail to improve and repeat the pattern.
Another attempt at a solution was for the owners to take courses in how to be a better manager. There were taught specific techniques, what to say and even how to say it. This is an excellent first step but it overlooks the fundamental problem - the owners? lack of self-esteem, confidence and blind spots.
An effective solution for this problem is to have a training program that addresses the owners? self-esteem as well as specific techniques. Having a mentor or coach works well also.
Now you may object, "Stan, I don't have the time. I am too busy trying to increase revenue. When can I take time away from my work to attend a seminar?"
When you stop to think of all the time that is wasted by being an ineffective delegator, you can clearly see that an investment in this training actually saves tons of time.
John started out feeling overwhelmed by the many responsibilities of being CEO of this company. When he got training and coaching, he learned to be a great boss. He kept asking himself, "Should somebody else be doing what I am doing right now?" He then found subordinates to do those tasks. He had to develop some of his people to perform reliably. He also got the backbone to make tough decisions, like firing his own brother.
John is delighted that he was able to remove so much pressure from his job. He is now ready to create a new division to his company.
To start becoming a great boss, and have the business of your dreams, began by frequently asking yourself, "Should somebody else be doing what I am doing right now?" If you answer, "no," find someone in your organization to do it. You may need to train a person. Take the time to develop him; even if it feels that would be faster to do it yourself. In the long run, it will save you tons of time and energy.
? 2006 Stan Mann |
Stan Mann
Tags: delegate, organize, effectiveness, management, success, overwhelmedSimilar articles
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