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Make Personal Mission Statements Work for You

Personal Mission Statement sign on the wooden surface.

Personal mission statements guide you towards your goals. If you sometimes feel like you’re floundering, chart your course by putting your purpose into writing. Try these suggestions for applying personal mission statements to your professional and personal life.

Understanding the Basics of Personal Mission Statements

Here are six key principles to follow.

First, perform an inventory. Your personal mission statement encompasses who you are and what you want out of life.

I like doing a personal S.W.O.T. analysis. Businesses use SWOT to evaluate their activity, why not use the same approach in your personal affairs?

Consider your core values and beliefs. Review your past accomplishments. Look for common themes that suggest your strengths and priorities. Ask yourself what you want your legacy to be.

Next, seek inspiration. One of the major benefits of mission statements is the motivation they provide. When you toil away at a tedious task or run into an obstacle, you can remind yourself of why you’re making the effort. Knowing your WHY is a very important motivation for giving your best effort at all times.

Then write it down. Putting your thoughts down on paper makes them more concrete in your mind. It’s easier to see how you’re doing and hold yourself accountable. We all get great ideas, but without writing them down, they have a tendency to drift away.

The same is true with your sense of personal purpose.

Above all, keep it brief. While there may be a lot of thought behind your mission statement, keep the final product short and powerful. That way you can pinpoint the values that matter most to you and measure your success.

Simplicity also adds to clarity. Having a short but succinct statement helps you maintain focus.

Then, gather feedback. Welcome input from others as you create your mission statement and carry it out. Your friends and coworkers may notice factors that you tend to overlook. Others will have keen insights into potential blind spots you have.

Lastly, evaluate your progress. Mission statements evolve over time. Your goals may change when you switch careers or turn 40. Advances in technology sometimes automate the tasks that used to take up your time, giving you a chance to pursue a new passion.

Keep it fresh. At a minimum, re-evaluate your statement each year.

self reflection

Using Mission Statements in Your Professional Life

Feeling a bit disconnected at work?

Rewrite your job description. Take a fresh look at your position. Your personal mission statement may suggest new tasks that you want to take on and old ones that you want to phase out. Maybe you’ll continue your current duties but approach them with greater meaning and commitment.

Talk with your supervisor. Let your manager know that you’re trying to align your work more closely with the company mission statement. They may appreciate your initiative and offer helpful ideas.

Coach yourself. While support from your supervisor is valuable, you can also train and drill yourself. Construct a plan of action for integrating your mission statement into your daily routine.

Assess your fit. Addressing fundamental issues may raise bigger questions about your future. You may decide that you’re in tune with your company or you may decide to move on.

Using Mission Statements in Your Personal Life

Enhance your health. Fulfilling your mission depends on keeping your body strong. Cherishing your health can keep you on track with managing your weight, eating nutritious foods, exercising daily, and sleeping eight hours each night.

servant leader

Strengthen your parenting. If you have children, it’s natural to think about what you’re passing on to them with each decision you make. Focus on raising your sons and daughters to be kind and responsible.

Deepen your relationships. Your mission statement affects other relationships too. You may find that your marriage and friendships help you to develop the qualities you treasure.

Practice your spirituality. If faith is the cornerstone of your life, your mission statement can help you to translate your beliefs into practical actions. Designate a percentage of your time for volunteer work with your church or sign up for classes with a spiritual guide whose teachings touch your heart.

In Conclusion

Clarify your purpose by developing and updating your personal mission statement on a regular basis. Understanding your individual definition of success brings you closer to reaching your goals.

If you need help with this process, our coaches are ready and willing to come alongside. Let us show you the ways to unlock the power of creating and following a personal mission statement.

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SWOT Yourself

swot analysis

There’s a popular business analysis tool known as S.W.O.T. It provides a method for looking at strengths, weaknesses, opportunities, and threats.

SWOT reviews are done for business issues of all kinds like competition, market position, product design, sales, and technology. As applied to a business, you can see the merit of doing this review periodically.

SWOT

However, it can be useful on a personal level as well. Managers and leaders should take time during annual reviews and goal setting to add this powerful view as well. Here’s how it can work.

Personal Review Using SWOT

A plan of action using a Personal SWOT Analysis can be developed for every aspect of development and execution because there are always three critical components in every chosen role you may serve. Whether you are husband, wife, father, mother, community leader, volunteer or other, you can SWOT your contribution to that effort.

Why? Because every role we serve has three key components.

Identity, Purpose, and Intention.

These three components form a process of right action. Without understanding who you are or what your business or organizational core competence is and what is the purpose you intend, you are always going to be guessing more than you have to.

In the following analysis, you are taken step by step through a proven process of creating clarity of right action.

However, to do so we have to begin with a simple way of fleshing out the context within which you intend to work. It doesn’t matter what context or role you choose, each of them requires you to be clear.

In order to reach clarity we take some simple, yet critically important steps. The first steps begin with a SWOT Analysis.

You will focus on the following overriding questions:

  • Do you know your personal purpose?
  • What are your goals or objectives?
  • What are your values?
  • HOW Can YOU match your STRENGTHS to OPPORTUNITIES/Openings?
  • How can you reduce the impact of your WEAKNESSES and THREATS?
  • How do you differentiate yourself from your competition?

Strengths

Trying to analyze one’s own strengths can be tricky. Throughout all of my coaching, I seldom see anyone who gets this exactly right the first time. Some might be modest and undervalue great strength in areas like collaboration, employee empowerment, decision making, or planning.

Others can be more boastful, seeming to know without a doubt they are great leaders who people should feel honored to serve; “my way or the highway” approach to leadership.

Entrepreneurs can be especially blinded by the emotional connection to their idea. While the great new product or service has great potential, the business will fail because the founder doesn’t know what he/she doesn’t know.

Before isolating your own estimation of your strengths, seek some 360 feedback. Get input from others you value as trusted advisors. Do an informal ask session.

Then compile a list of the strengths that you can use to accomplish your goals and objectives.

Weaknesses

Just like your strengths, identifying “weaknesses” in your personal domain can be hard. Objectivity can be lacking. You may even be suffering blindspots where your weaknesses reside. Using 360 reviews and stakeholder feedback can help inform you of areas where there is an opportunity for improvement.

However, you may know exactly what areas or what issues give you the most trouble. Stating what these may be will help round out the SWOT analysis.

Opportunities

These are the things you can see as a new direction; changes that allow you to reach new goals. Taking a good look at the road in front of you can reveal opportunities for growth and change.

Listing them while doing this personal inventory helps bring motivation and inspiration to the plan.

Threats

Making a good assessment of personal threats is also tricky. I recommend starting with your mindset.

Do you hold any limiting thoughts about who you are and what you can do?

If you ever wondered about a limiting thought, they sound like this:

  • I’m too small
  • I’m too slow
  • I’m too ugly
  • I don’t have the right degree.
  • You failed at this the last time.

Any statement rumbling in your head that starts with or sounds like these need to be eliminated first. Then you can deal with identifying true threats to your personal goals.

Performing a Periodic Personal Review

Just as every successful business invests time to perform SWOT analysis from time to time, you too should perform this review with your work life, home life, and career balance.

See what the data may tell you about the direction you are heading. Use the informed analysis to redirect your path, redefine goals, and set a new course.

Have a great and prosperous New Year!

If you want to know more about the ways I can help you or your business, click the button below.

Leadership 2020 and Beyond

What else is left to say about this year, 2020? Regardless of who you talk to, everyone endured something during the past 10 months.

2020 was going to be such an interesting year. It was the start of a new decade and an easy catch phrase for business planners and institutional thinkers. I can recall dozens of programs starting more than 10 years ago that had a title something like “Vision 2020”, an obvious play on words.

Yet once the calendar page flipped, we all encountered weirdness like never before. I actually don’t want to list any examples. You each have your own list. We all do.

The Season

Yet I do feel compelled to do some sort of wrap-up article to begin the process to close out this craziness we called 2020. Because it is Christmas, I want to fold in my seasonal message too.

First, as I often have, let me say “Happy Holidays” to all my readers and followers who do not observe the Christmas event. I respect your beliefs and practices. Whatever I may say here is not intended to insult nor sway you from your faith, beliefs and values.

However, I do want to use the traditional meaning of the Christmas story to relay some thoughts about leadership going forward; advancing into a fresh, new year.

The story I am referring to is that one. Yes, the Babe in the manger. A young husband and his pregnant wife. They each had received special messages from heavenly couriers. They followed the law of the land at that time and the instruction from above which they didn’t understand but knew to be important.

If you follow the whole story, there are odd similarities to the challenges we face today. Governmental authorities were managing peoples’ lives, directing a census. Unrest between tribes of citizens roiled into occasional demonstrations in the streets. There was uncertainty all around.

At the center of the story is a message of hope. A promise. A gift.

hope
Hope for tomorrow

More conventional tradition over the decades has turned that giving spirit into a practice of giving physical gifts, wrapped in beautiful paper and bows. Much like the scene in the manger, those who expect to receive the gifts wait with great anticipation. They wait until the perfect time for the present, the gift to be revealed.

Now We Wait

We are waiting. Waiting for 2020 to be gone. Waiting for long-promised vaccines to ease our fears of the disease. Waiting for things to get back to normal, whatever that was.

man waiting and thinking
Waiting and thinking

We wait simply perhaps for things to be different. Here in the U.S., the recent election has shifted the tide and created a kind of change. A slight majority are happy. A big minority are not. All of us still wait.

Besides the need for cures, fixes and new direction, I believe we are waiting for hope. We are hungry for hope. We new something new to hope for.

However, hope doesn’t simply appear. Hope comes from having a vision. A vision gives direction. It crystallizes a story about the way forward.

Vision that provides hope to a group of people comes from LEADERSHIP.

While hope may be the thing we need, leadership is the action we need. My friends, the world is in dire need of solid, practical leadership. Not a leader with an agenda, propped up by some special interest, but a leader with the good of the people at heart.

We need leadership that does not buckle to political persuasion or popular ideologies. We need leaders who can get things done.

The need for Leadership is everywhere

The leadership gap I see is not just at the political level. It is in homes, in neighborhoods, in communities, churches, synagogues, mosques, and temples. We need leadership in our schools and colleges. It’s also needed in businesses of all sizes.

Small team gathering

You might say, but I know people in those areas who are great leaders. Sure, but are there successors? Is there someone available to keep things going?

You must also be very careful about pointing to a person in a seat of authority and confusing that with leadership.

The power of the position does not define leadership.

Just because someone has been promoted into a position, it doesn’t make them a leader. Leadership comes from intentional effort to grow and learn the skills and principles of solid leadership.

Also, to the small business owners out there, you need to build your leadership tool kit if you want your companies to grow beyond where they are now. Your great idea is not enough to become a big success. You have to build teams and grow the business.

Back to Hope and Leadership

How do we get past 2020? At the center of this whole theme is the need for hope. Leaders need to cast new visions. Clearly we may never return to the old normal. There will be a new normal. Leaders have to create the vision for what those opportunities can be.

Where there is no vision, the people perish

Proverbs 29:18

It’s been written about for centuries. Without a vision, we lose our way. Organizations crumble. Communities suffer. Whole populations struggle.

Real leaders can fix that.

Just as I write this closing, a voice in my head from a mentor friend is saying “but leaders have to execute too.” Yes, they do. Once a vision is established, then the heavy lifting of making that hope become reality is the final test of good leadership.

To my original point…. we need that. We need hope for a brighter tomorrow. Just like the gift given to mankind in the manger over 2,000 years ago. We need true leaders who can help make it happen.

Will you consider being a leader, right where you are? Can you stand up and be counted for guiding and directing your home, your church, your community? Your business?

#HopeFest360

There is a big event happening January 1st. The team of authors at Bizcatalyst360 has joined forces with over 6 dozen voices from around the world to lift you up with their positive messages of hope and healing for the new year. This Epic (free) virtual Event will be broadcast from sunrise to sunset on New Year’s Day 2021. Here’s your opportunity to join our global community as together,  we imagine the possibilities. I am honored to have been invited to be one of the speakers.

Dennis J. Pitocco, BC360° Publisher & Editor-in-Chief, said, “The future holds the promise of a new beginning. Together as a force for good, we are here to make a positive impact as we begin to mold a new earth. We hold the magic — the magic-fairy sparkle-dust — that is so desperately needed right now to move out of transition into transformation. It is time for us all to shine so that others may draw hope, strength, and courage from our light, and learn to let their own light shine as a beacon of hope and healing”

About HOPEFEST 360°
Reserve your free ticket(s) now to join our ultimate wave across the universe as we broadcast on YouTube across all time zones from sunrise to sunset on New Years Day.

VISIT https://www.bizcatalyst360.com/hopefest-360/

For now, Merry Christmas and Happy New Year.

Coaching and Mentoring – Diving Deeper

mentoring

It’s been said that leaders who radically impact their teams are themselves good coaches. Taking on the mentoring and coaching role often does not come naturally to someone in a leadership position.

One technique at the center of executive coaching is the art of asking good questions and/or reframing the response the coachee gives.

If you want to up your game coaching your team, here are three very important phrases to use.

professional business mentor looking at papers and working with young colleagues in office
professional business mentor looking at papers and working with young colleagues in office

3 Big Questions and Observations

They come by way of a referral found on LinkedIn. The source is John Bethel. Here are 3 of John’s coaching questions/phrases I have borrowed to regularly use while coaching leadership teams, friends, and family;

1. It occurs to me that…am I close?

When feeding back your perspective on the information they’ve shared with you. “It occurs to me that you see the value in following up with the prospective client but you are concerned that you’ll come across as too aggressive. Am I close?”

2. That’s one option…have you thought about others?

When the coachee has offered only one solution to a challenge they are facing, you can say, “Ok, that’s one option…” (then pause and wait). On the receiving end, this meant that I needed to think through other options before committing to only one.

3. Could this be a convenient story you are telling yourself?

This was often used by John to challenge me on why I was avoiding acting on something critical. “That may be true or that may be a convenient story you’re telling yourself. Think about this for a few minutes before responding. How does this story benefit you?”

The Power of Questions

By asking questions, you, as the coach/mentor demonstrate many things. First, if the question extends the discussion, you assist your mentee with exploring more. It promotes critical thinking in your mentee.

Supervisor mentoring a direct report

If you simply hear a situation and quickly give an answer, you are cutting off the mentee’s ability for self-discovery. Self-discovery is far more enduring than quick problem-solving.

I’ve often observed my leadership clients in action with their teams. As team members pose questions to the boss, I watch for my clients jumping straight into problem-solving mode rather than coaching mode.

My question to them at that moment is “Are you leading or problem-solving?” By leading the staff member through the thought process to find their own answer, the team leader/executive is helping to nurture growth in the subject.

On one hand, problem solving is usually what got someone promoted into a role. But if they truly want to build stronger teams, they must agree with taking on a more developmental role, coaching and mentoring their direct reports rather than continuing to merely solve problems.

Being Truly Thankful

Happy Thanksgiving

This week we celebrate Thanksgiving. Yes, I’m writing from my home in Texas and yes Thanksgiving, at least the one I’m talking about is American.

In preparing this piece, I looked back at my annual Thanksgiving messages. I was struck by what I thought was simple prose at the time, but turned out to be more prophecy. (On my blog page, use the search box above and type Thanksgiving to see what I mean).

In the past I have written about social conditions, political conditions, the need for leadership, and of course family.

Somehow the events of 2020 make everything pale in comparison.

The Top 10 for 2020

If you will allow me, here is my Top 10 list of things to be thankful for in 2020.

10. We still live in a free country where opinions are able to be expressed despite growing tension about doing so. I fear we’re losing that ability to come together to discuss and honor opposing opinions. So I pray we change that soon.

9. We have a diverse economy that can sustain pandemics. It may take a hit, but we don’t sink the ship.

8. I have friends and colleagues to remind me to be humble.

7. I still have the ability to learn; learn to be a better coach, a better teacher, and a better person.

6. I have clients who seem to appreciate what we do together. I never take that for granted.

5. I have you to read and follow this blog and my podcasts. Your feedback keeps me on my edge and hungry to do more.

4. I have a valuable network of mentors who help me grow. You know who you are. You challenge me and keep me strong.

3. I have some very special friends who are loyal, supportive, caring, and honest. That’s the most important part, honesty.

2. I have a beautiful family; my wife Susan, my kids, and grands. You all keep me on my toes. I love you tremendously.

1. I thank my Lord and Savior for His unconditional love.

Some may take offense. I don’t intend to be offensive. I’m sharing my list. You can share yours in the comments below.

Giving thanks

The Leader’s Obligation

As I think about this list, the big question that emerges for me is this “How will I show up?” For all the things people do for me and with me, will it matter?

It better.

You see I believe I need to show up better each day. I need to do that for myself. But more importantly I need to do it for those who are counting on it.

If I roll out of bed and decide to ‘mail it in’ one day, who gets hurt? They do. The people who are counting on something from me.

That is what leadership is about. If you lead people, they are expecting something. You better show up and deliver.

If you’re not ready or willing to do that, you need to step away from your leadership role. If you’re just there for the payday, step away. If you only want the recognition, step away.

Step away and let someone who wants to serve others take the role. The people deserve that. We need those kinds of leaders, everywhere.

Will you show up? And be that kind of leader? I hope so. My pledge is to be there. Will you be alongside?

Can You Guess the Weight of an Ox?

weight of an ox

Making Better Decisions

If you took a team of smart, capable people out to the wilderness and showed them an ox, could they accurately estimate the weight of that ox?

Working by themselves, ask each person to write down the weight they believe the ox to be, then seal it in an envelope. Collect the envelopes. As you start opening the envelopes, you’d find the guesses would be all over the place. Some too low, some too high.

But if you ask the same group to work as a team, they could share experiences and learning to come to a much better answer for the weight of the ox.

The same principle holds true with solving big problems at work. Any member of your team working alone can come to an answer. But is that answer the best it could be?

The Back Story for Business

I was told this story the first time by an investment advisor. He shared that his colleagues routinely gathered to analyze and explore optimum solutions for asset management of key accounts they held.

It was reassuring to know that the collective wisdom of his team was being used to make better choices and create the best possible advice for stakeholders.

Leaders need to open themselves up for similar group activities. While you might be the owner or CEO of your respective company, you can still leverage the wisdom of others to help you make better, more informed decisions.

networking with those around you

Ways to Help You Make Better Decisions

Here are some simple ways to get it done.

First, if you are truly alone at the top, you need an outside resource to help. A trusted advisor whether personal or professional can be that ear to hear what you are thinking. You can use them as a sounding board.

A trusted advisor can be there for you to explore options, vet decisions, and suggest other things to consider before making a final decision.

Or you might pursue a peer advisory group. In “Think and Grow Rich”, Napolean Hill introduced the idea of Mastermind Groups. This is a gathering of like-minded individuals to come together and share experiences, ideas, and wisdom so as to help others grow.

Another idea is to turn things over to your own leadership team. Depending on the size of your organization, you may have access to a team of direct reports who could be that group to review the details and evaluate ideas.

A Caution on ‘Group Think’

Allowing a group to do anything can have its risks. But with proper guidance and collaboration, leveraging the combined expertise of a workgroup can pay dividends.

When teams have not been built around solid core principles for trust and collaboration, then ‘group think’ can go wrong. If team members are uncertain of their standing in the group or people feel alienated, then they might ‘go along’ with the dominant voice at the table rather than speak their mind.

If that happens, you as a leader have a much bigger problem. It is for this reason I have been using the Team Trust Model.

The Team Trust Model explains six key steps for every team to use to build TRUST. Teams who operate with high levels of trust can achieve much greater results than those operating without trust. More on that here.

If you’ve never considered having an outside advisor to help you through your decision-making process, now may be the time to ask.

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Leaders: Can You Get Too Focused?

The other day I was running errands and stopped at my bank. I went inside, did my business, and went back to my car. As I sat there checking emails, I was surprised by my passenger door opening with a young lady standing there.

She looked up at me, shrieked, and said “Oh my God!”

I looked at her then noticed that across the parking lot behind her was a vehicle exactly like mine with her husband sitting in it startled with a surprise too.

She apologized and gently closed my car door, exiting to her vehicle.

I shouted at her husband, asking him if he wanted to keep her. He said “Yes, I do.”

I said “Well, she’s all yours. Have a nice day!”

As we both drove away, I was thinking about FOCUS.

Clearly that young lady was very focused on something. So focused that she ignored the distance between her car and mine, simply letting the “impression” of a similar car influence her choice for opening the door.

I too was very focused on emails form my phone and ignored her approaching my car until it was too late and she had swung open the door.

It made for a good laugh, but could have been far worse.

Leader Focus

As leaders, we can get so laser-focused on an idea we lose sight of other opportunities or we ignore facts and circumstances that could impact our outcome.

When was the last time you got focused like that?

I have the odd opportunity to work with leaders on both ends of the business spectrum. I coach executives in some of the largest companies on the globe, like ExxonMobil and UPS. I also coach entrepreneurs and sole proprietors who are busy building new companies.

Yet the similarities I see are common to both. Running an organization requires thoughtful, dedicated leadership. Good management is not enough. You have to demonstrate real leadership. (I’ve written about the differences between management and leadership HERE).

Leaders can get blinded by ideas that create an intense focus on going one way or another. Once choices are made, nothing will persuade them to change direction. That can have a disasterous effect.

It’s one thing to be committed to a decision. Sure, the team wants you, their leader, to be certain on which way you want to go.

However, putting your head down once the decision is made can be problematic.

It’s a Tricky Balancing Act

I realize it can be tricky to be decisive yet open to other input. I do believe there are ways you can still make solid decisions and stay sensitive to things happening around you.

Here are some of the best ways I’ve seen work.

First, keep your team engaged. Just because you made the decision doesn’t mean your team should be shut off from reporting changes. For some reason I’m thinking about the submarine Captain and his crew. You’ve likely seen the war movies, you know what I mean. The Captain shouts an order but the crew is reporting back information they see on their monitors.

Next, have a reporting mechanism that works. In Six Sigma process improvement, there is a model known as DMAIC. It is an acronym for Define, Measure, Analyze, Improve and Control.

DMAIC is the core of continuous imporvement of your process. By following these steps, you gain insights that you might not otherwise pay attentiion to.

Lastly, maintain communication with your team. Engage them for their valuable input. Even once the “ship” is underway, you have to allow course corrections to maintain a successful voyage. (Watch Greyhound with Tom Hanks to know what I mean here).

The Leader’s Challenge

The next time you make a big decision, don’t forget about keeping your eyes open for situation and circumstance around you changing. Don’t let your focus be so blinding that external factors get missed of overlooked.

The Small Business Owner’s Worst Nightmare

Starting and running a small business can be a blessing and a curse. The dream can become a nightmare. Yet there can be great rewards too.

There are so many things that can get in the way of running and owning a successful business. You hear people talk about “cash is king” or growing the sales pipeline, closing more deals, making payroll, and creating satisfied customers.

While these are all very significant issues for a business owner there is one thing that is even bigger than all of these put together. Do you have any idea what it may be?

Wait for it…..

Your ego. Yep. Good old fashioned pride.

Let me get straight to the point.

Small Business Owner’s Fear

small business owner

Letting your pride or ego get in the way can be the exit ramp to disaster. On one hand, entrepreneurs must be fearless. They have to start with a whole lot of courage. For that, I applaud you.

Think about it. You hear stories of people quitting their day job to start a business. That takes guts and sheer willpower.

However, that same dogged determination can become the owner’s death sentence too.

The Paradox of Success

Many years ago I wrote a piece I call the “Paradox of Success.” I got this idea after watching dozens of my banking clients go through similar situations. It goes like this.

For those of you who have actually ventured out to start your own company, you understand the intense effort and tremendous satisfaction you achieve by watching the company grow.

Those first few profit dollars start to roll in. Real profit, free and clear. No debt, no more obligations to pay off, pure, real profit. For all the planning, sweat equity, real equity investment, and down-right hard work, you eventually arrive at the threshold of the very thing you set out to accomplish…. SUCCESS!

Ah, but beware. The very thing you strive so hard to achieve, that is your company’s success, can start the downward spiral to eventual destruction. Perhaps even the infamous “implosion” of the company. That is the phenomenon called the Paradox of Success. In other words, success brings failure. How can that be? Let’s explore the full timeline.

First the Beginnings

As was described, the founder sets out to open his or her own business. Perhaps it is a sole proprietor, maybe “Mom and Pop”. It can even be a couple of good friends who decide to start something together. The actual legal structure does not particularly matter at this point.

The focus is on getting going and having that first order come through the door. Days and weeks go by. The founder(s) perform all the daily chores….everything! Sales, marketing, bookkeeping, systems, purchasing, supplies, advertising, contracts, payables, receivables, answering phones, sweeping floors, cleaning the bathrooms…everything!

Next, business starts to grow. The word is out. Your business has something people want and need. Your service ideas are working very well. Customers like what you have. Word of mouth even starts to grow. You are getting business from sources you had not really thought about at the start.

Finally, the business becomes more than you and your partner can handle. You decide to hire your first employees. This becomes turning point number one. New employees do not bring the same levels of dedication, commitment, and energy you had when you started the business. Your ideas are not their ideas. You must start to train and coach to be sure the new guys on the bus are fully on board.

Moving Further Toward Success

The service levels you created and nurtured must be sustained. The principles on which you founded the business must be reinforced. There needs to be a feedback process and a monitoring mechanism to be sure your values and principles are being followed.

Almost daily you feel the tug of contention for your time. The time spent to make the direct business contacts you enjoyed making at the start must now be juggled with the effort to resolve internal issues. Perhaps you add a few more hours to the week. Certain tensions become more frequent.

With employees present, interpersonal matters start to creep in. Sally doesn’t like Susie. Bob and Ted argue over sports teams and their preference in cars they drive. None of this is contributing the business. The founders become referees. Hostilities can even boil over when customers are present. A lack of leadership or even a momentary lapse of leadership can become significant. Who can handle these things?

Phase Two Begins – Leadership

Then, mid-managers are hired or appointed. Surely the owners can rely upon other seasoned professionals to handle the staff issues and keep the ship sailing. Now a new layer is created.

For all the potential good that can be accomplished here, there comes a trade-off. Again, the founders’ values have to be enforced, promoted, espoused, heralded, and cheered about.

Can the mid-manages carry the same flag? All the while the growth in volume creates a strain on the original infrastructure. Are the same tools and equipment that were used to open the business still effective? Have systems started to suffer? This can include everything from the high end network servers to the staplers.

And more importantly, who is truly watching over these areas. Have the partners brought the right skills on their own to address all the issues? Accountability for all aspects of business growth becomes more meaningful. If cash and checks are being handled, controls must be implemented. Growth across state lines adds to the compliance and regulatory burden. Specialists have to be added to the mix like legal counsel, accountants, IT professionals, etc.

The False Security

The very essentials that can help grow and expand the business become challenges to the owners. Volumes and profits continue to rise. A false sense of security here can be deadly. A failure to admit the changes that are happening underneath and any inability to properly respond to those changes can, at any point hereafter, start the spin downward.

Really this stage represents the first major turning point for the founders. The biggest and most honest question that can be asked is “Am I capable of keeping this going or do I need senior management help?”

All too often ego may enter in and prevent the good hard look at the man (or woman) in the mirror. True Leaders with a solid track record behind them have been the first to ask this question and work with the right answer. And they do it with almost perfect timing.

Yet for the owner suffering a big ego, the right questions never get asked. The talk with the person in the mirror sounds more like this…

“Wow, things seem to be ramping up. You really did it.”

“Yes, I did.”

“It feels different now, but that’s nothing to worry about.”

“Just keep it going. We’ll be fine.”

Then one day the wheels fall off. The big accounts start to go elsewhere. Your pricing gets squeezed and you have no answer. The market shifts out from under you and you missed the warning signs.

Or worse yet, your team abandons you because they hate working with you. The few customers you have left eventually leave because the service is terrible.

It happens in all kinds of business. Every day. The tipping point is where the owner’s ego gets bigger than even the greatest of success.

A Cautionary Tale for Small Business?

Maybe so. But it doesn’t have to be. You can get help. You should get help. Is today the day? Business advisors or coaches can help you make sense of the new levels of growth and prosperity. They can help you see you way to even higher levels of success.

But you have to make the call. Don’t let ego stop you.

call a coach

Is Your Life a Happy Accident?

happy accident

You might be offended by that question. Yet if you think about it, so many of us are living just that way.

What do I mean? I mean going through your life and career without a purpose. You might be riding the wave of circumstances. Some things were great experiences, others not so much.

You might have built a successful career, but are you feeling fulfilled? Will your legacy matter to anyone?

I meet a lot of professionals who went the route of working for big corporate giants. They made it through 5, 10, 15, or even 20 years then something happens. A merger or a market crash causes the company to downsize. They land on the shortlist of people heading out the door.

As they face the uncertainty of job hunting, they are bewildered, even empty. They don’t know what they want to do.

But how did you let that happen? More importantly, how can you change it now or avoid it entirely?

That Sense of Purpose

It all starts with finding a sense of purpose. As Mark Twain so eloquently wrote:

The two most important days in your life are – famous American writer Mark Twain quote printed on vintage grunge paper

If you have never figured out the why question, then you have some work to do. The best advice I could ever give you is to figure out your why.

A good friend and fellow Silver Fox Advisor, Monte Pendleton introduced me to his work on finding personal purpose. He calls it the PPP, Personal Purpose Process. Monte allowed me to publish it in my book STRIVE for Job Search Success”.

The PPP guides you on a journey exploring key areas in your life. It challenges you to evaluate what is important and what is not. More importantly it makes you decide on outcomes you want to create in each of the important areas.

Having this sense of purpose will shape and mold the choices you make. Instead of living the usual life of wage, page, and sage, you could live a more rewarding and purposeful life.

Wage, Page, Sage Stages of Life

The wage, page, and sage version of life goes something like this. Your early years are all about the wage. What can I get paid? Yes, you might be choosing a specialty, but you still focus on getting the best pay for the work you do.

Then you start turning pages. Getting married, having kids, buying a house, etc. You’re flipping the pages of life.

Finally, you reach the sage role. Your years of experience naturally set you up for people to look to you because of your seniority. You can either share it freely or be bitter about life not turning the way you hoped (whatever that was).

Either way, the messages you share will influence those around you; bringing them closer because of your wisdom, or pushing them away because you’ve turned into a curmudgeon.

Intentionality

However, living ‘on purpose’ creates a certain intentionality in the things you do, the choices you make, and the people you hang out with.

Once you decide on a purpose, you won’t settle for less. You won’t take a job just to get a paycheck. Oh sure there may be desperate times due to outside forces, but in the long run, you will stay on course.

You will look for the right fit in a job and the right direction to move you on the journey to fulfill your purpose.

The people you choose to associate with will also change depending on the focus you create. I’m not saying all relationships are bad, but many are less than helpful for keeping you on track. It is easy to get distracted by friendships that don’t encourage you and keep you centered on your chosen path.

Finding your personal purpose is not as hard as some people make it out to be. There are simple yet profound ways you can discover exactly what your were meant to be doing.

If you need help uncovering and discovering your purpose, call a coach. Call me. Stop living your happy accident. Get intentional. Live ‘on purpose.’

call a coach

How Does Personality Impact Your Leadership?

PERSONALITY & LEADERSHIP

People talk about charismatic leaders having “big” personalities. Powerful leaders are often known as “Type A” personalities. We know about introverts and extroverts.

But how does personality really impact your effectiveness as a manager or owner of a business?

If we take away celebrity status from high paid CEOs and public figures, what else does personality have to do with how you run a business?

For starters, I will argue LOTS!

Anyone choosing to start a business or get promoted into management must face the challenge of influencing the people around them. Before you open your mouth the first time, your personality projects who and what you are.

Shy or timid personalities come into the room meek and mild. More bold personalities make an entrance. Either can be effective, depending on the circumstance.

I’ve worked with engineers who are famous for, let’s say, ‘not great personalities’. Yet very seniors leaders in the organization can be incredibly personable and engaging.

Then I’ve also known ‘creative’ types, arts and theater, who can be witty, bright and engaging, but very weak leaders.

In my humble opinion, your personality is simply one more tool in your leadership toolbox that can be used wisely or create disastrous results.

Here’s one way to think about it.

Your personality is a work in progress. Formed at an early age (some even believe you are born with it), your personality begins to define your look at the world.

While it is absolutely true that the way you engage with others is driven by your personality, the bigger question is perception.

How is your personality perceived by others?

Wide range of Personalities out there

This is the reason I love using the Hogan Assessment tools to help the leaders I coach. In Bob Hogan’s work, he discovered early on (like 1974) that understanding personality can be informative to one’s own leadership development.

But understanding the perception of your personality by others is an even greater force for shaping the change you may want as a leader.

Here’s the difference. If I test and study my own personality, I can learn that I demonstrate certain traits. Scales like Myers-Briggs MBTI, Berkman, or Karl Jung tag me for certain key elements in the makeup of my personality. They become broad generalizations that help explain why I look at and feel different ways about different situations.

Hogan takes it a step further. His assessment tools do the stratification of certain personality makeup, but he attaches the perception piece to it. In Hogan, you get a read-out of how others will perceive/react to your specific personality markers.

As a leader, learning about this aspect of personality can be very valuable. If you have engaged a coach to get you to a new level of effectiveness, learning about these perceptors will get you much further along in your development.

I won’t go into all the details of the mechanics of Hogan’s methodology (it is well documented) but the basis is centered on decades of actual testing, screening and analysis to correlate the personality markers with perception values; what others perceive.

In other words, your inward values will drive outward perceptions. To become a more effective leader, you must understand not just what makes up your personality, but how that makeup impacts those around you.

Derailers

Hogan adds one more detail to a study. Based on your personality, you can also learn about potential “derailers” that might exist. In some cases these are things like ‘a strength used in excess can become a weakness.

Knowing and studying the derailers can help you become a far better leader at work, at home, and in the community. Once equipped with this knowledge, you can self-adjust more easily to the situations arising.

BONUS

If you’re looking for a fun and FREE personality test, jump over to my friends at 16Personalities.com Their results will amaze you!