Do you have a ‘spare heir’ for your business?

Do you have a ‘spare heir’ for your business?

Much has been celebrated about the new arrival. Any birth always brings happiness and hope for the future as we feel secure (at some level) our genes have been passed down the line. There is also a lot touted in the press about Kate having produced ‘the spare’. Now Prince Harry has a replacement should something untoward happen to him. Reporting of ‘the heir and a spare’ started me thinking about owner operated businesses, and where is the ‘spare’ ? Whether you are thinking of starting your business or been operating for a while, you must consider creating systems and processes that allow you to have the business run without you at the helm, all the time. Effective systems and processes will allow you to outsource repeatable low value tasks, scale the business more easily as you can outsource discreet parcels of work. You will gain a freedom mindset, knowing that the business will not collapse without you. What would happen to your business now, if you were taken ill, get consumed by a personal situation or become engulfed in a business issue that overtakes your time? Will your business grind to a halt, as you are no longer at the helm directing and executing, or will it continue on, with effective systems and processes in place, giving you the freedom to divert your precious energy and attention? It’s often not until we are faced with an impossible pull on our time that we discover how vulnerable our business is. We have no ‘spare’. Our business is at risk of stalling. Here we some ways to get started to...
How small things make the biggest difference to your own business

How small things make the biggest difference to your own business

I’ve already started thinking about my new year’s resolution. I know, we haven’t even got into the final two weeks of the year, and I am jettisoning myself into 2015. Here is what has led me to my resolutions – a sense of too much change, too many bright shiny things, and frankly, not sticking at one thing long enough to see the difference. For some reason, 2014, has been a very magpie-like year for me. If you have known my journey for the last 18 months you could probably understand why. However, 2015 promises to be a year of relative stability! So ….drumroll please- – my 2015 resolution is to do small things every day to achieve big change. When I have focused in such a simple way in the past, it has worked. Worked for me in that I have gained: More clarity More confidence Calm Increased traction in my business Better financial results When I dart from here to there, then my results reflect that. I feel constantly on the treadmill, always looking over my shoulder for the next big thing, and seeking more external validation than ever before. These are not supportive habits to grow a business. Clarity, confidence and commitment will help you start and expand your business. Click To Tweet The three small things I will do everyday are: –       Meditate – to give me calm, clarity and congruence in my thinking –       Imagine – reflect on my goals (personal and business) and rehearse them coming to fruition –       Thrive – do something I love! This could be coffee with a friend, a beautiful...
Guest Post: Free Tele-Summit ‘Is Your Website Legal?’

Guest Post: Free Tele-Summit ‘Is Your Website Legal?’

You have had the amazing idea for your business, splashed out a small fortune on a shiny new website or simply spent hours yourself creating it. The website is now open to the world, but is it legal? Did you even know that it had to be legal?  The answer is a big YES!! There are serious fines and implications if you do not comply with certain laws and have some key information on your website and stationery. This is regardless of whether you sell or not. For instance, if your website is not legal, you risk: Up to £500,000 fine and possible imprisonment for data protection offences A so-called “Stop Now Order” from The Office of Fair Trading and other enforcement agencies which as the name suggests, means stop business, NOW!  Stop NOW!! Copyright Brian Snelson Being asked by the courts to publish corrective statements to eliminate the continuing effects of past infringements. Bad publicity for your business as many punishments are broadcast on the enforcement agencies’ websites None of this is good for business and absolutely gutting when you have put so much time and effort into your website and all in good faith too. Most website developers are not aware of these laws either. Lest you break out in a cold sweat, fear not as I will be revealing exactly what you need to be legal and how to do it as part of a special FREE tele-summit for entrepreneurs hosted by Wendy Kerr of Corporate Crossovers on 17th Sept 2013 at 1pm. You simply register and then sit back and listen to the interviews from the comfort of your own office! There...
How Systems For Your Business Give You Time – Thrive! TV Tips

How Systems For Your Business Give You Time – Thrive! TV Tips

  If you are like most business owners I know, chances are you feel like there is not enough time in the day. You may feel that you do things over and over again, or you scrabble about looking for that piece of paper with that key information on it. Stop!!! Take a breath and start to think about how you can create systems. What are those tasks that you do again and again that take up a lot of time and energy? Think about them, and consider writing them down and creating a simple system that will enable you to be more efficient with you time. Your Action: Review how you are working now and those task you do repeatedly, or what frustrates you. Then create a simple system by writing down the steps. Would you like a weekly burst of momentum delivered straight into your in box? Simply click on the button below, we’ll send you the latest tip each week! Sign me up for weekly Thrive!...
Boundaries In Business – Who Needs them – You DO!

Boundaries In Business – Who Needs them – You DO!

If you are like most women I know, sometimes you are not sure where your work ends and your personal time starts, if at all. And then if you have a partner, family and other commitments, life can seem to be one amorphous lump of amorphous-ness! Phew – even I got tired writing that sentence! At times it can seem as if our calendar is controlling us, even though we are the person that adds the appointments to it Bizarrely, it can feel as if we are addicted to this busy-ness. How did this craziness start and how can you get your control back? The good news is the addiction is not your fault. Blame it on the 1.5-kilogram mass of grey matter in your head. Blame it on your brain. Thousands of years ago, when we were wandering the earth as cave men and women, our brain was programmed to continually scan the environment, searching for danger. Every rustle in the bushes, each shriek from a passing carnivore, caused us to have a burst of adrenalin shoot straight into our central nervous system, readying us to run or fight. Fast forward to 2013 and whilst we may not be scared of hungry large carnivores, our brain is still using that programming from centuries ago. Your brain is still actively scanning the environment for danger and now, change. As change in your situation can represent danger. Have you watched people get off the underground trains? As soon as they reach signal, they are scanning their phone for message, as if it is essential they get that news now. This...
Are You A Busy Fool When It Comes To Your Business? Thrive! TV Tips

Are You A Busy Fool When It Comes To Your Business? Thrive! TV Tips

  Well done, you have made it to another day and crossed everything off your to do list. Hurrah! But take a look at that to do list – how many items on that were actually tasks that would move your business forward. Grow your customer base, increase your revenue, raise your visibility. Or were they tasks that you do just to keep the business ticking over – paying bills, admin, chasing up appointments, buying supplies. If your list is made up of small tasks, then frankly you are a busy fool. If you want to really grow your business and start to make the money you are worth, you need to complete at least one activity a day that will meaningfully move your business forward and lead to growth. Your Action: When you plan your day, always ask yourself – ‘what is the one thing I must do today to take my business forward who could I call, what could I create what prospects could I ring? And then do these tasks first. Make sure you spend the start of the day building your business. The rest will take care of itself. Would you like a weekly burst of momentum delivered straight into your in box? Simply click on the button below, we’ll send you the latest tip each week! Sign me up for weekly Thrive!...
Make the time to work on your business

Make the time to work on your business

If you feel that all you ever do is work and yet your business is going nowhere, chances are you are spending too much time working ‘in’ your business as opposed to working ‘on’ your business. One little vowel can make all the difference! When you are working too much ‘in’ your business, you are really busy, doing lots of things to keep the business ticking over and maintaining its current level of success. You may feel frustrated that you are doing the same things over and over, or have the same types of clients or can’t break through a revenue threshold. Spending time to work ‘on’ your business will alleviate this Working ‘on’ your business means:  Imagining what your business could be doing in 6 or 12 months time Creating some business goals to achieve that represent where you would like to take your business Creating a plan to bring that goal to life Thinking about joint ventures, collaborations or other businesses you could partner with to achieve the same goals Considering your customers, reflecting on their needs and asking yourself if you are still meeting them, or could you offer something different Critically reviewing your marketing and assessing if it’s meeting your goals Reviewing your financial performance against your targets Spending time working ‘on’ your business is a combination of imagining what if, reflecting on what how you feel about it and reviewing activity against performance. Working ‘on’ your business can be a fun and fascinating exercise as it will lift your thinking to consider the future and how you would really like that to be. It means taking control of your business...
Is social media taking over your life? Thrive! TV Tips

Is social media taking over your life? Thrive! TV Tips

  You hear it everywhere – how important it is to be on Social Media …and so you start tweeting, chatting on facebook and updating and linking on Linkedin. You seem to spend all of your spare time and even evenings making sure you are updated! Yet, you have a niggling feeling that all of this time and frantic activity isn’t really making a jot of difference to your business…..am I right? Social media is no different to any other business activity – you are spending a precious resource investing in it, so you need to consider your return on investment. So before you embark on any more social media chat – stop and ask yourself these questions: Who is my target audience Which one social media will they most likely use What is my objective with using this platform How ill I know I have succeeded How much time every day will I spend on it Then at the end of every week, review the numbers and assess what difference investing your precious time is making. I know that when you focus on one area in social media it makes all the difference. Your Action: Your action – before you do any more tweeting or liking, spend some time asking yourself these questions and then create a more strategic, planned approach. Would you like a weekly burst of momentum delivered straight into your in box? Simply click on the button below, we’ll send you the latest tip each week! Sign me up for weekly Thrive!...
Since when is your time worth nothing?

Since when is your time worth nothing?

Often as women business owners, we will treat our time as if it is free. In fact our time is not free, it is one of the most precious resources of any business. Because we think we aren’t paying for our time, we attribute no value to it. This misguided thinking leads to long hours and hard work. Business owners with this view realize that instead of creating a business to liberate them and give them the flexibility they desire, they have created another demanding and exhausting job and often for less pay. Feeling overwhelmed by the variety and volume of tasks to be tackled when running a business can stall success. Often we can feel as if we are barely coping now with the workload, so if we were anymore successful then we would be even busier. And who would want that? This simple assessment can lead us to subconsciously put the brakes on our growth as we just don’t know how we would cope with more business. Avoiding falling into this trap is essential if you want to have a successful business and feel as if you are thriving. You want to feel as if you are loving what you do, feel in control and know that you can easily grow as your business becomes more successful. A step change in how you run your business is when you start to value your time and leverage it better for growth. Accept that you are not expert in everything. Accept that bringing on staff or outsourcing specific work to someone who is an expert will save you time,...
Thrive! TV Tip ~ Is your networking an expensive waste of time?

Thrive! TV Tip ~ Is your networking an expensive waste of time?

  Many of you attend networking events. The more the better, right? [new_line] We are told that networking is the best way to get new customers, referrals for our business and we will have so much success! [new_line] Yes, that is all true but many women I know only do half networking. That is, they turn up to the meeting, have a lovely time, meet really great people, and talk about their business in an engaging way and bang that’s all. The then leave, and don’t do anything until the next month.[new_line] If that’s your approach, frankly, stay at home – don’t bother going out. [new_line] To make networking really work for you and your business you MUST follow up. Send the people you met an email, a linked in invitation – something to have an electronic connection. And then, if you felt an inclination, arrange to have a coffee – face-to-face or virtual, so you can continue the conversation. [new_line] It is only after the initial meeting that ideas and opportunities will flow, and that is when your networking will start to transform your business! [new_line] Your Action: Take your calendar, and find your next networking event. The day after the event, schedule an hour for networking follow up. This will mean that you actually have the time to make those connections and put some life into your network! [new_line] Would you like a weekly burst of momentum delivered straight into your in box? Simply click on the button below, we’ll send you the latest tip each week! Sign me up for weekly Thrive!...
Thrive! TV Tip: Do you lack structure in your week?

Thrive! TV Tip: Do you lack structure in your week?

  Do you feel that your time is out of control? Watch this week’s Thrive! TV Tip and learn how having more structure in your week will allow you to get more done and be more productive.   Would you like a weekly burst of momentum delivered straight into your in box? Simply click on the button below, we’ll send you the latest tip each week! Sign me up for weekly Thrive!...
Thrive! TV Tip ~ An easy way to be more effective

Thrive! TV Tip ~ An easy way to be more effective

Do you feel as if there isn’t enough time in the day to everything you want to for your business? Watch this week’s Thrive! TV Tip and learn how to increase your effectiveness by creating some easy systems. The great news is you don’t have to be a process engineer – it can be much easier than you think! And you will save valuable time… Think about those tasks you do repeatedly and create a simple system. For example, following up with contacts you meet at a networking event or your new client welcome system. The creation of the system will give you confidence that nothing is missed and you have streamlined all the steps. And then one day you can outsource this system for someone else to do, freeing you up to do other revenue generating activities Would you like a weekly burst of momentum delivered straight into your in box? Simply click on the button below, we’ll send you the latest tip each week! Sign me up for weekly Thrive!...
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