How to Choose a Pathway for Success
How to Choose a Pathway for Success
If you had a choice, would you choose a pathway for success or a pathway for failure? Of course, you would choose a pathway for success!
However, I often find that people choose to focus on improving their weaknesses. In their minds, they see this as the pathway to success. I say, that is the wrong choice.
Instead, my experience shows that choosing a pathway for success is about identifying your strengths. Begin to chose your pathway to success as an entrepreneur by focusing on your strengths, building them up, and letting go of areas of weakness.
I have found that this course of action works for me. Hopefully, it will work for you also.
1. Focus on Your Strengths
Focusing on your strengths makes you a much more successful entrepreneur than trying to improve your weaknesses. I learned early in life that I had a gift for public speaking and focused on that strength in school, in choosing a career, and in building a business.
After singing in the church choir, I quickly realized that singing was not one of strengths. Rather it was a weakness for me. So, why should spend time trying to become a singer.
2. Follow Your Dreams
I always dreamed of being a lawyer. I loved the idea of being an advocate. In school, I was the person advocating for students with the principal and school board.
I also enjoyed teaching. As a child, I loved teaching my siblings how to read and recite poetry and speeches. My teachers often asked me to tutor other students.
As I grew older, I was able to have a career that involved both being a lawyer and a teacher. Now, I focus on teaching business owners on becoming effective leaders, speakers, and entrepreneurs.
3. Everyone Has Strengths and Weaknesses
Everyone has both strengths and weaknesses. Not everyone is going to become a doctor. Nor is everyone going to become a concert pianist.
Neither pursuit is better than the other. They are simply different. What would you do with your life if you could only do what you really love and are good at doing?
Unfortunately, many people are taught either accidentally or on purpose that they should become well-rounded. So, sometimes they dabble in careers that do not interest them, simply because it is popular today. They have no real ability or interest in the career.
4. Do What You Love and Are Already Doing Well
I cannot think of anything much worse than doing a job all-day long that does use your strengths.
Hopefully, you are not draining your resources by dabbling in career and business endeavors simply because they are popular.
Do not try to fit a square peg into a round hole. Instead, identify your strengths, what you love doing, and are already doing well.
If you do this, then you can find entrepreneurial success.
At My Biz Dream Team, we can show you how to develop an internet lifestyle business that can help you reach your money goals. Check out The Special Report and Training Guide: Building Your Business Dream Team™. Let us show you how to reach your goal of creating a lifestyle and a business that you love! Act today.
I am Pamela Montgomery, attorney, author, marketing strategist, and speaker, helping you create the life of your dreams as you achieve uncommon results in your business and in your life!
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You Need to Know the 3 Steps to a Stress-free Business Launch
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3 Steps to a Stress-Free Business Launch
Dexter and I had a fun today discussing the 3 steps to a stress-free business launch. It is a topic that we love to discuss with budding entrepreneurs. Therefore, if you are thinking about quitting your 9-5 job and leaving that bad boss behind, listen to this episode of My Biz Dream Team Opportunity Wednesday Training Series before you break out of those of chains.
You will quickly realize that the issues that we discuss in this podcast episode are not about business.
Instead, we are talking about life. We are discussing how you need to order your life before and after you make that leap into the world of entrepreneurship.
Realize that everyone is not going to be happy with your decision to leave your 9-5 job behind. There will be people who are jealous, because they wish they had the guts to break out from the mundane job they have.
There will be others who think that you are a fool for giving up the security of a regular pay check. They will be looking at you. Perhaps wishing that you fail. That is the reality of life.
You will be joining the more than 500,000 small businesses that are started each month. By tuning into our podcast, you find valuable information that will help you become one the successful new business owners. For more information on planning and launching your new business check out the business guides at the Small Business Administration.
Now, you are ready to take a moment to consider the 3 steps to a stress-free business launch!
1. Build-up Your Financial Reserves
If you want a stress-free business launch, then make sure you have financial reserves before you resign. You will probably want emergency reserves for your business and your personal life. As you launch your business, you do not want to be worrying about how you are going to pay your bills. You will have enough on your mind without the additional stress of worrying about whether you can afford to pay the mortgage and buy groceries.
2. Gain Family Support
The second step for a stress-free business launch is to make sure that your family supports this decision. Dexter and I have known entrepreneurs who did not have spousal support. It is not a good situation. The lack of support can range from no interest in the endeavor to hostility to the endeavor. Neither situation is good. Therefore, we recommend that before you resign that you discuss your plans with your family. Let them know of your dream for your business and your life. Hopefully they will buy into your vision and give you the support that you will need.
3. Take Time for Yourself
The third step for a stress-free business launch is to take time for yourself to reflect on this new phase of your life. Once you have decided to break out the chains of your 9-5 job and launch your business, be sure to schedule time for yourself.
Yes, you are excited about your new business! But you cannot work all the time. Make sure to schedule time for a walk or a work out. Take a few days off.
You do not want to work all day long. Click here to read: Finding Time for Yourself: “Me” Time
Remember that you are building a business, not a job! At some point you will want to add team members who can help you reach the business and financial goals that you have set. To find out more about building your team check out: The Ultimate Guide to Building Your Business Dream Team.
Conclusion
Are you ready to break out of the chains of your 9-5 job? Are you ready to create the business and life of your dreams? then follow these 3 steps for a stress-free business launch.
1. Build Financial Reserves
2. Gain Family Support
3. Take Time for Yourself
At My Biz Dream Team, we show you how to break out of the chains of your 9-5 job and build an internet lifestyle business that can help you reach your financial goals.
If you have already left your 9-5 job and are building a business, check out The Podcasting Power Playbook, to help you increase your visibility, credibility, and authority status. Let us show you how to reach your goal of creating a lifestyle and a business that you love. Act today!
I am Pamela Montgomery, attorney, author, entrepreneur, and speaker, providing you results-oriented strategies that help you achieve uncommon results in your business and in your life!
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Business Mentor: 3 Reasons You Want One on Your Team
Business Mentor: 3 Reasons You Want One on Your Team
Sometimes I wonder how many mistakes we could have avoided if we had gotten a business mentor sooner. Once we found a mentor, we realized that we would never be without one. A mentor is defined as someone who is a sounding board. Your business mentor helps you navigate through the intangible issues related to your business. A business mentor can help you with strategic and sustained business growth and success.
Research by Daniel Goleman, Daniel Boyatzis, and Annie McKee reported in “Primal Leadership: Realizing the Power of Emotional Intelligence,” has shown that cultivating a special relationship with someone whose sole purpose is to help you along your path is crucial to your continuing development as a leader. A business mentor knows your strengths and weaknesses. She can guide you as you through the steps in your strategic plan for growth. A business mentor can help you to:
- Avoid Major Mistakes
- Build Your Team
- Conceptualize Your Future
1. Avoid Major Mistakes
Your business mentor is someone who has already had success in your industry. She can offer expertise and experience. She can tell you about the mistakes that others in your industry have made. Your mentor has been around the block longer and knows the pitfalls well.
Remember to be very intentional in working with your mentor. Share your specific strategies and plans so that she can provide specific advice.
2. Building Your Team
Building a top flight team is one of the most crucial factors in your success. Your business mentor has connections to others inside and outside of the industry. Your mentor can give you referrals to other professionals you want on your team. People such as a lawyer, accountant, tax specialist who can help with specific matters. Your mentor can also help you plan when and how to add others to your in-house team of employees and consultants. Learning how to hire and build a strong organizational culture is key.
Remember to tap into your mentor's vast reservoir of key business connections.
3. Conceptualize Your Future
Your business mentor can help you think about and plan for your future success. As the leader of the company you maybe to focused on the day-to-day operations. You may not be focusing on your thoughts on long-term growth. Your business mentor however can help you think outside of your regular bubble. You may be regularly focused on the $100,000 a year level. Your business mentor can help you conceptualize your business at the $1 million dollar a year level. It may be hard for you to imagine such massive success. But your mentor can see and plan that far ahead.
Remember to share freely with your mentor to gain from their vast insights and perspectives.
Closing Thoughts
A good mentor will understand the challenges that you are facing. She will bring to you her vast experience and expertise to bear on the issues that you are facing. Having a mentor will help you grow as a business leader. Your mentor can help you to:
- Avoid Massive Mistakes
- Build Your Team, and
- Conceptualize Your Future.
As you grow your business consider working with a business mentor. You can work with us to help you navigate the intangibles in your business strategy in “The Strategic Pathway to Success Program.” Let us mentor you to business growth and success.
Leave a comment below to let us know if you have worked with a mentor before in your business.
Building a Great Business Team
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Building a Great Business Team
In this episode of My Biz Dream Team: Opportunity Wednesday Training Series we discuss the importance of building a team to support your success. Experience and history tells us that you cannot build anything of significance without a team. In today's episode we discuss the lessons of team building from examples such as Andrew Carnegie, Thomas Edison, and Abraham Lincoln. You are also building a business of significance.
You will not be the success that you want to be or deserve to be without a business team. A business team will support you. A team will help make your dreams a reality. In today's episode we also discuss (1) what is a team; and (2) why a team is so important. We also share the one easy step that you must take if you want to build a great business team.
Do What You Do Best!
Learning to delegate can be a challenge for a new entrepreneur. But you must quickly learn that you can not do everything in your business. For one thing, you would exhaust yourself. I remember when I was a new manager and tried to keep too much control over the written documents that we were responsible for producing each month. I quickly realized that I could not by myself possibly generate the volume of work required. I needed to rely on my team to produce the first drafts. I would then edit and polish the work. Do you find yourself facing a similar dilemma? Yes, I probably could have written a better first draft than any of the team members. But I came to realize that their first draft was good enough.
What are you doing in your business that someone less talented could do? What are you doing that is not the best use of your time and talents? What are you doing that someone with a completely different skillset is more qualified than you to do?
As you think about your business, ponder on the types of people that you will need on your team to help you achieve your long term business goals? In our online business we quickly realized that we needed (1) a tech person to build and support the website; (2) a coach/mentor to show us the way; (3) a graphic designer to help with the design of the website and marketing materials. As the business continues to grow, we will continue to add more people to provide specialized support.
Remember: “Do What You do Best! Let Your Team Do the Rest.”
We can show you how to create a business that meets your dreams and goals. When you are ready your business growth, contact us about “The Strategic Pathway to Success Program™”
We would love to hear from you about a situation when you tried to everything yourself. What happened? What lessons did you learn? Leave us a comment.
Learn to Build Your Business Dream Team
Watch Rescue Impossible, Nightmare Hell!
You can learn important lessons about building a business dream team from watching reality television. Some of our favorite television shows are Kitchen Nightmares, Hell’s Kitchen, Bar Rescue and Hotel Impossible. These shows are so popular because people like us enjoy all the drama. Some of these businesses are on the verge of failure. Then experts like Chef Gordon Ramsay come in and save the day. Although these shows are very entertaining, they also teach us some important lessons on business: You need to work on your business instead of in your business. Otherwise you have a job rather than a business.
Important Business Lessons
Most of the entrepreneurs and business owners on these shows suffer from the typical bad business disease. They try to do everything themselves. On one recent episode of Kitchen Nightmares, the restaurant owner was the manager, the chef, the accountant, the cleaning person, and the host. No wonder, his business was failing! He was trying to do everything and ended up not being good at anything.
The business owner had not learned to delegate! He did not have a team.We had the same problem when we started our business. We quickly learned from our mistakes. Now we have the time and money to enjoy the fruits of our success. For example, we can enjoy eating lunch at Chef Gordon Ramsay’s restaurant in Las Vegas! Our business continues to operate when we are not there because of “The Business Dream Team™” we have put in place.
Build a Business Dream Team
Learning to build a dynamic business dream team is the difference between having your business run on automatic pilot and having your business require you to be there to run it. When we learned the secrets of how to build “The Business Dream Team™” our business took off like a rocket. We can now spend more time on marketing and building our business while enjoying the fruits of our success.
In an effort to help our clients achieve greater levels of success, we decided to create a program to show other business owners how to build a dynamic business dream team. The program is called, “The Ultimate Guide to Building Your Business Dream Team™” .
Conclusion
As you can see, these reality programs can teach an entrepreneur invaluable lessons about the importance of building a business dream team. It is necessary for your success to build a business dream team. Delegating certain tasks not only makes you more productive, it multiplies your success. If want to build a business and not give yourself job, building a business dream team and learning to delegate is essential.
So don’t work in your business, build strong relationships, and learn to delegate to your team. Then you can start to see results, make your business even more successful, and create the life of your dreams!
Question
Have you started to build your business dream team? Share your experiences with the community here at My Biz Dream Team. We would love to hear from you.
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