When its time to talk not text!

I remember an old American Airlines commercial in which the owner of a company called his sales team into a conference room to tell them

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that things were not going so well. As a matter of fact the owner had just gotten off the phone with an old friend who had just fired his company.

In the commercial the owner was handing out plane tickets to all the cities where the company had clients so that each sales manager could go and visit with them in person. After tucking the last ticket in his own pocket someone asked him where is was going. His answer, “I am going to see an old friend.”

In the fast paced world of the internet, sometimes we need to understand that what makes businesses grow and continue to do so is not to “like” thousands, or “follow” the gurus, but to spend time with some well chosen friends.

Just a thought. What do you think?

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What I Learned from Another Birthday!

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Yesterday was my 56th birthday! I had planned a quiet day to just enjoy the fall weather we are having and to relax my way into a new year of life. While the day was a great one, I learned three valuable lessons from another birthday:

  1. I learned that, on your birthday, you are really no different than you were the day before, just another day older. I woke up with the same mindset, the same desires, the same passions, and the same determination to make a dent in the universe!
  2. I learned that, on your birthday, the rest of the world does not take the day off to celebrate! Throughout the course of the day, I had to take care of clients and their needs, handle problems that cropped up, and generally get involved in things that did not involve celebrating my birthday!
  3. I learned that, on your birthday, taking a day off of life is awesome! While the world didn’t stop and I had to spend time on things other than celebrating, the day was in its entirety as great success with lots of fun and love from both family and friends. It was a great day and I am so thankful for being able to celebrate another year of my great life!

So, as you work your way through the rigors of life, don’t forget that even if the world doesn’t have the capacity to stop to celebrate your birthday, that it is your God given right to do just that! Happy birthday to all and to all a good night.

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Stamping Out Mediocrity

I have the privilege of meeting with an amazing group of business minds on Tuesday mornings every week. This group varies in size from about 3 to 7 depending on everyone’s schedule for the week. When we get together we talk about all things business and work hard to help each other work through business struggles and strengthen business choices.

This morning we had a great conversation about business owners stamping out mediocrity. One of our group recounted her experience in an industry she worked in that was plagued with mediocrity. To set herself apart from her competition, she looked to see where the mediocrity existed and made the kind of changes to her business choices that dealt with those areas of mediocrity. By removing these mediocre issues, her business became much more successful than her competition.

You see (to use an old baseball analogy) the difference between mediocrity and the Hall of Fame can be as little as on hit per 20 at bats. You see, a lifetime 250 hitter doesn’t usually end up in the hall of fame but a lifetime 300 hitter does. The difference between being a lifetime 250 or 300 hitter equates to one additional hit for every twenty times at bat throughout your career.

While this increase seems manageable, the effort to increase to this new level of success in noteworthy. Just like business, if we want to move our business from mediocre to super-stardom, we must find those areas of change that make us stand out and then put in the work necessary to make the changes permanent throughout our careers.

Mediocrity plagues American business today. Let’s choose as business leaders to start a campaign of stamping out mediocrity!

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Boomer Business Success – Keeping it Simple!

I had the pleasure of sitting in a meeting today with one of my clients. She was doing a presentation to a group of people in the area of her specialty. What she does is unimportant, but what I saw in her inspired me to write this article and challenge we Boomers looking to grow our businesses to keep it simple.

Keeping it simple means:

  1. Don’t over think things. I remember hearing about Occam’s razor. This is a scientific principle that indicates that, “when faced with competing hypotheses that are equal in other respects, selecting the one that makes the fewest new assumptions.” In other words the easiest answer is most often the best answer.
  2. Find a niche and master it. Being an expert in your chosen niche makes you more valuable to your clients/customers than if you are simply good at a lot of things. Most people can be good, but only experts are sought after.
  3. Learn the honestly care for your customers/clients. When you have an honest concern for those who buy your products and services, you will treat them with the utmost respect and they will make you their sole supplier!

There you have it! Boomer business success, by just keeping it simple!

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Building Your Dream Business – Getting Your Feet Wet

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This is part 3 in my series on Building Your Dream Business. Today we are going to look at the next step after you have started with your dreams and then done your research. That next step is getting your feet wet!
 

You know the scene. Someone who is a little afraid to swim standing at the side of the pool or at the end of a boat dock. They are not sure of what will happen when they leave the comfortable atmosphere and surroundings of dry land for the wet and unpredictable world of the pool/lake/stream. (You may have been there yourself!)

Questions crowd your mind as you try to gain the courage to take the plunge. How cold is the water? How deep is it really? Do I swim well enough to survive? What if I can’t get back to the pool edge or the dock ladder? So many thoughts conjure up some real fear.

Then someone says, “Hey just sit down here on the edge and dangle your feet into the water.” By taking the time to do this you can determine several things:

  1. The temperature of the water.
  2. The way the water feels against your skin.
  3. The fact that you can survive the initial contact with the water.

Once comfortable there, you might well choose to slip into the shallow water, then walk out to deeper waters, eventually you might even start to swim, and in the end you will be able to fully enjoy all that the water has to offer. But …. it all began by getting your feet wet!

Building your dream business works the same way! You have made your way through the dream stage, finding your essence and what you would like to do to make your dreams come true. You have then done your research to see what the business possibilities are with respect to your dream. Now it is time to get your feet wet!

If you start your search for your retirement/dream business early enough, you can take a significant amount of time to test the waters. If you are already retired you may need to move more quickly. Either way here are a few thoughts to consider:

  1. Test, test, test …. Just as a new swimmer takes time to get their feet wet, you need to test your business model and plan before you take the plunge into the deep water of absolute commitment.
  2. Get comfortable in one area of “the pool” before moving into deeper and more unpredictable water. This is the time when you create a scalable system that allows you to remain in control and allows you to take the next step when that step is right for you!
  3. Continue to learn new things. When you enter the deep end for the first time, your swimming technique will be much different than when you have been there for a while. The difference is both confidence in your current skills and learning newer techniques. The more you learn the better your business will become and the better job you will do for your clients/customers.

So, at this point it is time to leave the dry comfort of the poolside and get your feet wet!

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Baby Boom Entrepreneurs – Satuday Update 2

This week has been a week in which I have many blog posts and comments that continue to declare the frustrations that Boomers are experiencing in this down economy. It is apparent that companies feel completely comfortable hiring a younger generation of people who will work for less and cost the company less than a Boomer would.

This frustration is boiling over and Boomers are looking for some way to counter this current trend. Well, instead of letting this circumstance create bitter discouragement, let’s put our knowledge, talents, and experience in play and re-invent our generation once again.

Let’s keep the conversation going! Tell me what you think! How can we help each other?

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Know Yourself – Show Yourself!

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I have the pleasure of meeting with a group of incredible people on Tuesday mornings every week. We are a pretty eclectic bunch from business owners to independent contractors to the marketing coordinator for a local firm. Our conversations revolve around the creative/innovative ideas that cause us to wonder.

Today we were talking and as things so happened my business came up. I was sharing with the group that my business has evolved since its inception about nine months ago from a “blogging and social media” company to one in which I work to help companies identify themselves and who they want to be as a company and then help them build (I used the word brand) themselves according to who they have identified themselves to be.

The word “branding” stuck out in a negative way with the group, because it represented to them something contrary to what they know my business to be. That led to the group assessing my new tagline “Teaching the art of business and the business of success!” (I thought it was pretty cool!) However the group pointed out (correctly I might add) that the new tag line had broadened the perceived scope of my business rather than narrowing it as I had intended.

About an hour later I got an email from Maxine. She said that she had been thinking about the conversation and had come up with the phrase, “Know yourself, show yourself!” I read it and the lights came on. I was so struck by the possibilities (because this is really the core of what I do) that I drove by her office to tell her so.

I am telling you this story because most of us who are in the Boomer generation are looking at second careers and really want this one to be about who we are, what makes us happy, and how we can impact the world around us. For us to meet these very general goals and to live the second half of our lives in powerful ways, we need to follow Maxine’s advice (and now my new, new tagline): “Know yourself, show yourself.”

If, in the development of a second career we can’t enjoy every day, then we might as well stay where we are doing what we have been doing. But if we are going to build a second career, we need to build it around who we are at our core. Once we have made those decisions, we need to develop our on and offline marketing strategies to show us in the light of our core being.

Thanks again to my Local Ten group for helping me see things clearly and for Maxine in particular for stating my essence as seen through her eyes! You are all awesome and I am privileged to be able to share creative and innovative thoughts with you!

In what ways does your “second career business” show off who you are? What have you done to come to know yourself? How are you molding what you know into what people see?

PS – The cartoon doesn’t really have anything to do with this article, unless of course my second career becomes a great success. Then it will be filled with meaning! (Love you Gramma!)
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Questions to Ask Before Launching a Second Career

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A sad statistic I have heard repeated for some time now is that in the United States more than 80% of working adults don’t like their jobs/careers. That is a staggering number to me, yet if you understand the educational system that has been in place for nearly 100 years, it isn’t as surprising as it seems. (That’s a topic for another time.)

With this statistic being what it is, those of us who are thinking about or embarking on a second career ought to take some time and ask some questions first! I have talked with may soon-to-be retirees who want to have a second career, but aren’t sure where to start. Others think that they have an idea about what they want to do, but don’t have any ideas about how to begin.

Here are some questions to ask before launching a second career:

1. What gets you up in the morning? I personally think that this question is the most important of any that could be asked. This question speaks to the “essence” of you. Who you are at the core and how that person wants to express themselves in business. I don’t know anyone who wants to start a second career that doesn’t excite them every single day.

I know a “car guy” who can’t wait to get to his used car lot everyday. I know a 72 year old man who started his “dream business” just over 2 years ago. I know school teachers who have retired to become productive and excited Realtors and Home business entrepreneurs. These are people excited about life and passionate about what they do. Their second careers are an expression of their essence.

2. How hard do you want to work? Buying a franchise requires a lot more time and effort than a small home-based consulting firm. Only you can decide what hours you are willing to spend at work, but its something you should have thought through before you take the leap.

3. Where do you want to work? Are you going to set up a brick and mortar business? Are you going to work from a home office? Do you want to be able to work from “cyber-space?” All of these options have pros and cons, so you need to decide what best fits your retirement plans.

4. What value do you have to offer? If you don’t really understand the value that you can bring to your potential clients/customers it will be difficult to make any business grow.

5. What new things are you willing to learn? In any new business venture there are things that you must learn to be successful. Are you willing to learn new things, do things that are uncomfortable, or change direction in your new career? Remember you are not doing what you did before and everything new has new challenges and new rules!

Now, I know that these are relatively simple questions, but as I have worked with boomers, I am surprised how many haven’t thought to ask them. Don’t get caught with no well thought out answers to these questions. A successful launching of your second career lies in the balance.

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Success Traits of Baby Boom Entrepreneurs – Conclusion

Well, here we are. We have looked at seven success traits that when properly cultivated and put to practice can make baby boom entrepreneurs build strong, lasting, and valuable second careers. Today I want to issue a warning and a challenge.

First the warning: Just because the life and business experience of the baby boom entrepreneur provides them with special insight into these success traits, success is never guaranteed. Let me explain with a couple illustrations.

I have been told that on nearly any day, on dozens of basketball courts in the New York City area, that you can find players who have the same raw talent and abilities that can be seen on the courts of the NBA. What makes the difference between the two is not talent or ability it is the willingness to make application of this talent and ability in a way that will provide success in the NBA.

I have had the privilege of playing golf men who played on the PGA Tour or were attempting to do so. When I asked them about why the didn’t “make it” the story was always the same. They didn’t have the “head” for the game. What they meant was that they had all the necessary success skills, but couldn’t make them work under the pressure of a tournament.

You see, having a skill set (or the success traits) necessary to win big in a chosen field does not in and of themselves guarantee anything. The ingredient that brings all these traits together into a synergistic force for success is your willingness to cultivate and expand them, to develop a “head” for the game. Without continuous growth and expansion of your success traits and an understanding as to how to use them in the best ways possible, you will be found on the “local courts” playing for pennies instead of staring in the big game.

Now for the challenge: If you feel the need, the burning desire to stay active in the second half of your life, then don’t let anyone stop you! You will find all kinds of people who will tell you why you can’t, shouldn’t, or won’t be able to follow your dream of a second career. They will tell you that in this current climate you are making a mistake and that if you use the time and resources necessary to “do this thing” and fail, you will become a burden to others.

In all this noise, you need only ask yourself two questions: 1) Do I have the skills necessary to build a successful second career? 2) Am I willing to pay the price to learn, grow, and work to be a success?

If the answer to these questions is yes, you can use your baby boom success traits and accomplish great success in your second career.

Talk more later ….

(Thanks again to Amy Grossman and her list of success traits. I also want to thank her for the tweets and messages of encouragement as these articles have been published.)