Tag Archives: perspective

Today I want to talk about profits. Profits seem to always be at the top of your mind if you are in business. It’s one of the most important numbers.

Think about profits, not only in your numbers and your financials, but also start thinking about how you “profit” from mistakes that have happened in your business.

How do you profit from setbacks that have happened in your business?

How do you profit from losing customers or clients in your business?

How do you turn this around and learn from things that happen?

How do you turn them into ways in the future that will actually generate cash profits in your business?

Don’t shy away from your mistakes by not talking about them or really addressing them. However, instead of focusing on the negative aspects of a mistake, I want you to create a learning lab. Admit what went wrong or didn’t work but use this as motivation to change things for the next time.

Ask what CAN we learn from this?

What DID work?

Because there are always things that you DID DO RIGHT. Focus on what worked; what went right; how can we make things even better; what will we do different next time; what needs to be changed, fixed, updated?

You could be missing out on some great opportunities here. Because it’s the easiest thing to do, every business owner I know asks what went wrong last month, last quarter, last year.

Turn it around. Phrase things in the positive — here’s what we are going to do. Here are the things we are going to work on.

Think about it from the standpoint of positive outlook leads to positive future profits in your business — whether it be future benefits, future revenue, or future better client/customer experience.

How can we profit from mistakes or setbacks? How do we profit from a product that flops or a service that doesn’t work? How do we profit from customers leaving us? Can we actually get more from a customer leaving than a customer staying?

My answer to you is “Yes”!

Because I would argue that depending on how you look at the situation, you can profit by seeing what worked and how you can do better the next time.

Your future is huge if you change your perspective about profiting. If you need help in this area reach out to us and schedule a free consultation sometime.


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In order to increase and improve the success of your business you need to do what we call “conquering the mental game.” Eighty percent of being successful in business is how you think about things. What are the mental game things that you need to be aware of, deal with or have a strategy around?

Three Mind Challenges Identified

The three big mind challenges that we help our clients deal with and change their perspective about are: 

  1. FEAR. This could be any kind of fear that they have about their business. Maybe they are worried about what might happen and how that will impact how they operate and strategize their business in the future.
  2. UNCERTAINTY. They could be uncertain about their product or service, their team, their employees, the customer, the economy, or their competitors. It’s important to acknowledge what you are uncertain about before they can deal with it.
  3. DOUBT. Is there doubt about whether or not they can grow the company to $10,000,000. Are they doubtful about whether or not they can find the right person to be a Vice President. Doubt about whether or not the market is going to stay good for the next three years. Maybe doubt about their own ability to lead the company to $50,000,000 a year.  It’s just doubt about anything and everything!!

Write It Down and Get It Out of Your Head

If our clients are experiencing any kind of fear, uncertainty or doubt, we talk about it and have them put their concerns down on paper or write it on a whiteboard. When their fear is written out where they can see it then it’s not occupying all their thinking, brain power and mental energy. This helps them to create a different perspective. It’s amazing when something is written on the whiteboard where they can see it, they realize it’s not as big of a deal as they thought. Most often, their fear has been greatly exaggerated in their mind which made it bigger than it really is. Acknowledging this takes away or reduces the fear.

Break It Down to Simple Steps

When it comes to uncertainty or confusion, we want to take the complexity out of growing and running a business. Breaking the complexity down into simple terms or steps removes the uncertainty.

Look Back at Your Accomplishments

How do we deal with doubt? We look back to the day you started your business and account for all the growth, accomplishments, and everything that you’ve done to get you where you are today. Take the perspective of looking back and seeing all that happened. Recognize that you started with only one customer or maybe it was just you. Where was your revenue when you started and where it is now? You need to make a note of how far you’ve come and see the positive as you look to the future to build the company that you dreamed about building and hoped for.

In order to conquer the mental game and come out on top, you need to write down and acknowledge what your fear, uncertainty and doubts are. When they are brought to the light they usually are not as bad as you think they are. It’s a matter of perspective and overcoming or conquering the mental game.

If you’d like to know a little bit more about who we are and what we do, you can still go to our website and sign up to get a free copy of my book. Or, sign up for a free coaching session and we will create value for you by taking you through a process that will change your business and your life!


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transformation

If you’re like most CEO’s or entrepreneurs, you always have the next steps planned — and you’re pretty confident about what the results will be. That’s fine and all, but don’t you think it’s playing it just a little too safe? In our coaching we call this “arranging.” This type of planning or prep does not bring the great result or the huge transformation that we’re always hoping to see. In our coaching we ask a different question: What would transform your entire business? This is a total paradigm shift, because this is now about ideas and strategies that are total game changers.

Are you thinking in a transformational way? Or is something in the way in your mind? Are you blocking yourself from becoming all you can be? Let’s talk about it. 


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I was coaching a client the other day, a guy who started his company a long, long time ago. Over the last couple of years in his business, he’s hit a real plateau, and I’ve been trying to coach him through it.

“Think back when you started the business,” I said once, “when it was just you. How did you tackle it when you ran into an obstacle in your business? Did you get excited about problems? Or did they drain you?”

His response? “I love problems! The bigger the better! I always knew if I could solve my customers’ problems and make their lives better, then I could have anything and everything I ever wanted.”

That’s a smart business owner. So I told him: “I want you to close your eyes and I want you to go back thirty years. It’s just you. You are the business. And I want you to think of the biggest problem that you have right now in your company, and I want you to think exactly as you would have thought about that thirty years ago.”

And guess what happened? He had a breakthrough in his mindset. “I’ve become complacent!” he said. “I’ve fallen asleep at the wheel. I have to change. I have to start thinking and acting with the mindset of an entrepreneur! And I have to lead my people with the courage and belief that problems are our greatest opportunities.”

As a coach, I couldn’t agree more. Run to the problem, for that is your biggest future in the success of your business.

Where is your mindset today? If you’re looking for a turnaround, click here to schedule a free thirty-minute coaching session.


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