Category Archives: Management

Got Systems?

| September 3, 2024

Recently, one of our members shared that she was positioning her business to add associates. The question  she was struggling with was how to approach this expansion and asked for suggestions on how to create an SOP of routine or repetitive activity to insure success.

When small business owners really began to grow it has been my experience that they struggled by not having put systems in place to handle the overload. All this makes it harder to really understand what needs to be done and who should be doing it. In Michael Gerber’s E Myth, he says: “Most small … Read More

Build From Your Strengths

| May 31, 2023

As business owners keeping pace with the changes in technology can sometimes =, it reminded me of one of the keys I wrote about in my Master the Game of Business book, “work from your strengths”. 

You have the opportunity to do what you do best everyday; but chances are you don’t because you are not investing your time making the most of the strengths, skills and resources you already have. Psychologists have studied the effect that when you’re focusing on strengths, you have higher productivity and increased overall satisfaction with results. 

When a business owner focuses on the businesses … Read More

Commitment, Your Best Execution Strategy!

| April 25, 2023

What comes to mind when you think of the word COMMITMENT? Hopefully as a business owner you understand that commitment requires a program of goal setting joined with a decision to take action.  Being a self-starter means you are focused on a desire that you hold in expectation with a belief that it will be realized.  

The challenge comes when the words you use about yourself, your dreams, and those around you impact you, in a way that most of us underestimate. Words are our first weapon in the battle for keeping our commitment to what we say we want. … Read More

Are You Preparing to Thrive and Survive?

| October 27, 2022

Where is your business now in relation to this years goals and plans. Is your business thriving and surviving?  As business owners we are all playing a high stakes game of on and done and it’s our responsibility to the hero of our business.

So let me ask you, do you have your finger on all the aspects of the business?  As a business owner with so many conflicting priorities, and so much information out there trying to sell you the next most important idea, gadget, or technology, how do you make good decisions and concentrate on the critical matters? … Read More

How to Cope with CHANGE

| July 26, 2022

Here it is half of the year is finished.  How many of you after these several months working day and night to achieve those goals you set in January to create a new service, introduce a new product or even design a new business model – all at once find all the drive that brought the initial motivation and excitement has melted away, the steam has run out, the place you are in is comfortable and the dream world has slipped out from under?

This is the wakeup call.  You must reawaken the drive and motivation, you must motivate yourself!  … Read More

Financing Business Growth

| May 3, 2022

The question is always asked, how much should be spent on marketing and advertising.  Some businesses start on a shoestring and grow rapidly.  Others take hundreds even thousands of dollars and go at a snail’s pace.  While I have never heard a hard and fast answer to how much you should spend, you need a strategy that will produce results for you. Good accountants do far more than prepare tax returns; they help you understand the tax impact of your business decisions and assist you in reducing your overall exposure to taxes. It’s important to consult them before making decisions … Read More

How Do You Stay Sharp?

| May 25, 2021

During a Padres game last week the interviewer asked one of the players what he liked about his coach. He said the coach got in every day earlier than anyone else, practiced batting and reviewed the previous night’s game plays. “WOW what an example he sets for all of us”, he said.

Yes athletes do it, but so do musicians, mechanics, and writers do it, they practice, do you, the business owner, do it?  The idea that we can become proficient (well advanced in an art, occupation, or branch of knowledge) in our chosen field is often overlooked in small … Read More

How Are You at Setting Priorities?

| April 27, 2021

Why am I hearing time management and over whelm issues from many members? As a business owners, it’s easy to get caught up in the bustle of day-to-day business. As things begin to open up the drive to reach out and catch up on financial goals can be tempting to allow oneself spending a significant portion of time fighting the myriad fires that crop up every day. Instead, it is getting more important to take the time to step back and set “laser-sharp” priorities that focus on what’s really important – and keep from spending time on what’s not.

 … Read More

Your Success is a Full Time Job, Keep it Going!

| June 30, 2020

Since the beginning of the Pandemic lock down I have been challenging Mind Masters members to continue moving forward by posing questions like, are you keeping up with the pace of change?  The pace of technology? The pace of your marketplace? The pace of your competition?  The dilemma of these questions struck me as well.  I fully admit that there are a couple of things on my plate that are challenging and I have put on the back burner, but by not dealing with what will move a person or business owner forward only creates stress. How much do I … Read More

Step Back – Are You Asking the Right Questions?

| April 28, 2020

Ask the right questions – what needs improvement, becomes increasingly important during economic uncertainty. Knowing which moves helped you win the game of business is your play back of what worked for you. It allows you to look backward to the extent required to give you a proper perspective on the present.

Analyzing each situation prior to setting results, strategies and actions is critical for generating or sustaining competitive advantages, especially when facing this dynamic environmental trend which can affect your business performance positively or negatively. Your main task is to explore the outside factors (that can imply what opportunities … Read More