coaching

Execution And Your Relationship With Risk

Execution And Your Relationship With Risk

One of the key differences between ‘high-achievers’ and the ‘also-rans’ is the ability to manage risk.

If there was zero risk involved in executing your actions, you would have an infinite market edge in business. You could merely execute constantly and your returns would multiply.

If there was 100% risk involved in executing your actions, it would just be a matter of time before your working capital is exhausted and bankruptcy would follow.

Of course, in business there is risk, but it sits somewhere in between. While you don’t know to what degree, you must have some market edge to stay in business over time and be profitable.

To execute effectively and efficiently, you must develop a balanced relationship with risk.

Accepting Failure On The Pathway To Success

Accepting Failure On The Pathway To Success

We are surrounded by overnight success stories.

TV features, weekend magazines and social media posts constantly promote perfect individuals that have achieved amazing success.

These entrepreneur’s stories appear flawless and they seem to have experienced one success after another.

It can often lead to business owners feeling like under-achievers.

But what the feature articles on success don’t talk about are the failures on the journey.

Are you Type X or a Type Y Manager and why it matters?

Are you Type X or a Type Y Manager and why it matters?

In the next two blogs, I’m going to explore management styles and how impactful they are on motivating individuals and teams within your business.

Type X management focuses on the extrinsic desires of employees around job security and rewards.

Type Y management focuses on the intrinsic desires of employees around autonomy and personal satisfaction within the activity itself.

The Sawyer Effect

The Sawyer Effect

In Mark Twain’s The Adventures of Tom Sawyer, Tom faces the dreary task of whitewashing his Aunt’s fence. Bored with the thought of ‘work’ he promotes the opportunity as ‘play’ to his friends managing to enlist a willing workforce to replace him.

The key motivational principle that Twain highlights here is that work is behaviour we are obliged to do, whereas play is behaviour one chooses to do.

Read on to learn how to implement “The Sawyer Effect”…

The Choice of Three Mindsets – Positive, Negative or Balanced

The Choice of Three Mindsets – Positive, Negative or Balanced

Are you an individual who generally assumes the positive intent in people, situations or opportunities?

Or are you more skewed towards distrust and believing a negative intent is at play?

A positive or negative mindset are not your only options though are they? Today we explore either end of the spectrum and the middle ground that allows us to be our best selves while not getting burnt in our business dealings

How To Stare Down Anxiety When It Comes To Visit

How To Stare Down Anxiety When It Comes To Visit

Anxiety, life and business challenges are omnipresent. Particularly as life becomes more challenging with children, ageing parents, debt, managing our personal health and the myriad of issues facing a business owner.

Anxiety doesn’t spare anyone.

No-one is immune.

But it works out that things are rarely as bad as they seem or as good as they seem.