Tweet

Coaching Your Business To The Next Level Series Part 2 Work On Your Business

Guest post by: Leanne Hoagland-Smith

Article Overview: Learning how to avoid the mistakes that others make is one good reason why there are so many articles and books on business success. This is the second is a series of 8 articles on how to take your business to that next level.

Coaching Your Business To The Next Level Series Part 2 Work On Your Business

This second article in the series on Coaching Your Business to The Next Level Series explores how many business owners and executives are consumed with working in their business and not on their business. (NOTE: Article 1 was the Top 7 Tips to Avoid the Top 7 Mistakes Small Business Owners Make.)

Tip #1: Work on your business not in your business
Mistake: Most new business owners and many experienced business owners are so busy working in their business, they fail to work on their business and demonstrate the leadership that the business demands. In the book, "It’s Not the Big that Eat the Small, But It’s the Fast that Eat the Slow," the authors revealed that executives spent less than 15 minutes each day thinking about the future of their business because they were so busy dealing with yesterday and today’s events.

Think about that incredible statement. Business owners spend more time in the past and the present than the future. Talk about being consumed by working in the business instead of working on the business.

Some quick questions to determine if you are an On Business person or an In Business Person. Where is your business coming from: the past, the present or the future? If you answered, the future, then how much time are you spending on your business? Be honest! If you answered less than 4 hours per week, then you are indeed working in your business and not on your business.

In "The On-Purpose Person," author Kevin W. McCarthy uses the analogy of a light switch. When the switch is on, you are on purpose. This analogy can be used within your business to ensure that you are working on your business and not in your business.

Possibly, you are unsure if you are working in or on your business, the following questions may help to ease that confusion. NOTE: Any yes response suggests that you are working in not on your business.

1.Do you invest your time in daily routines from mail pick-up to payroll?
2.Do you invest your time in going to the same networking or business events?
3.Do you invest your time and dollars in using the same marketing tools?
4.Are you more concerned about doing what you have been doing and not looking at doing things differently?

Changing from working in your business to on your business will require a change in attitude and more importantly a change in beliefs. However, once that you recognize that you need to work on your business instead of in your business, you have taken the first step. Look for series 3 and 4 to further help you to make those changes necessary for business success.

Related Articles
  Get The Most Out Of Coaching
  8 Things that can lead you to start a Coaching Business
  Are Multiple Supply Chains Important (Survey Response 1)
  Book Review: From Coach to Awakener by Robert Dilts
  Sales Team Transformation thru Coaching

Article Tags:



Related Forum Posts
My entry - 1. The Best Business Books Ever: The 100 Most Influential Business Books You'll Never Have Time to Read - this is a fascinating book about the history of Business theory, and I'd recommend it to anybody. 2. The Big Book of Small Business: You Don't Have to Run Your Business by the Seat of Your Pants, by Tom Gegax. Ditto. 3. PADI: The Business of Diving Book Okay, so this book won't be of use to anyone who doesn't want to start a scuba store, but I did, and this book was of course invaluable to me in reaching that goal.
Business Coaching Internship Review - I joined in during the first phase of the internship and at this point we are committed to doing research and development of RSC Business Group operating in Toronto. RSC Business Group already has products and services in Coaching Small businesses in Los Angeles but we didn't want to assume that the same products were wanted and needed in the Toronto market. Our goal at this point is to commit to interviewing 1000 business owners to capture this data. Through the teleconference internship I've been involved in we've been focusing on Communication Skills and on active listening which are practiced when we conduct our interviews and Coach our clients when they come on board. This is a lot harder than it sounds! Part of the internship is also creating the Toronto RSC Business Group's departments, job descriptions, Marketing and Communication plans etc that a business owner would create for their own company. This trains us in the way we would coach a company as well. The internship is phased in two parts and there is compensation plan involved as well for the clients you personally bring in. These clients are coached directly by Robert Chun as you begin but you are given a chance to learn his techniques. I haven't gone through this experience yet though. It's hard to explain Robert Chun's method of Coaching as it happens at a psychological level in his ability to listen and question the person being coached into the next steps they need to take. The Teleconferences are 2 hours long but it's very interactive. If you have a desire to explore this area of Business I'd recommend contacting Vwodek listed above and get invited to a Coaching Conference call. You can decided then if it's for you. Note: it is a commitment but the skills you walk away with whether you plan on working with RSC Business Group or not is invaluable.
Exclusive: Interview with Results - Hi Forum Members, I'm helping start up a Business Coaching and Consulting company here in Toronto, Ontario, Canada (a Subsidiary of RSC Business in Los Angeles). As a Research and Development Intern I am required to practice my listening and interview skills by surveying Small and Medium Businesses on thier Business. This Survey is designed by RSC Business to also assist the Business being interviewed more insight into their own business. I am looking to interview about 30 businesses across North America over the span of 3 months. At the end of these interviews I will be publishing a report of the results and they will be made available for free to the Interviewees. The Report data will include responses from a minimum of 100 interviews. I would like to extend this opportunity to members of the Forum. If you would like to have this short 20-30 minute interview conducted on your Business and you reside in North America please send me an email or PM. Please contact me at andy[at]jvprosperity[dot]com to arrange our interview and to get free access to the results when they are published.
New Small Business Topic - Hello everyone, I'm on the lookout for new topics to add to my site. We just launched a Franchising section and are planning Human Resources section. Do you have any thoughts for a new section? Here's a list of what we currently have: Angel Investors Branding Bank Loans Business Coaching Business Plan Franchises (New) Insurance Legal Marketing Public Relations Sales Small Biz Loans Venture Capital
Re: HOw to market a B2B consulting company - [quote="zohahunt77":428owzbi]Hi, I was wondering if anyone can tell me the difference between B2B and B2C. I don’t know about b2b marketing but I have done marketing so know things about it. I will suggest you to take online services which will spread your business all over web network. Online marketing is the best way to market any business.[/quote:428owzbi] B2B = Business to Business - You are marketing to other businesses. B2C = Business to Consumer - You are marketing to consumers.


Share this article with your friends. Fund someone's dream.

Leave a comment below or share on the left and you'll help support entrepreneurs in Africa through our partnership with Kiva. Over $50,000 raised and counting - Please keep sharing! Learn more.

Tweet

Newsletter

Get advice & tips from famous business
owners, new articles by entrepreneur
experts, my latest website updates, &
special sneak peaks at what's to come!

Name:
Email:

Popular Articles

How to choose your executive coach -1

The Substance Abusing Employee

Convening a focus group for a niche product

Suggestions

Email us your ideas on how to make our
website more valuable! Thank you Sharon
from Toronto Salsa Lessons / Classes for
your suggestions to make the newsletter
look like the website and profile younger
entrepreneurs like Jennifer Lopez.