Posts tagged smallbusiness

You Are Not Alone!

Being an entrepreneur can feel like this.

You’re stepping from the light, into a very dark room.

It also can be the complete opposite…its like you just walked through the gates of a circus and you’re being hit from all directions–most just want to take your money.

This is why having an experienced and knowledgeable business coach and consultant is extremely helpful.

Crosscutter Enterprises is your personal and professional business coach and consultant with 30 years’ experience. Your success is my business.

I guide you in the dark, protect you from the circus, and handle the tough stuff!

You can’t afford not to have a coach! Email me today at John.Knotts@crossctr.com and let’s discuss your business success!

Planning, Communication, Marketing, Leadership, Management, Improvement, Training, and Facilitation.

Coach vs Consultant

When people ask me what I do, I tell them that I am a Personal and Professional Business Coach and Consultant.

But isn’t a Coach and Consultant essentially the same thing? I don’t believe so.

If you know who Tony Robbins is, you’ll appreciate his breakdown:
https://www.tonyrobbins.com/coaching/coaching-vs-consulting/?gclid=CjwKCAjwiN_mBRBBEiwA9N-e_r9iYZdJVc4U2jQgJDs5KXqGQZ_dbrTFKCCX6FRZ0iD0CiNanUYsQBoCIl8QAvD_BwE

However, here is my simple definition of differences…

A Coach guides and advises you on taking action to solve problems, overcome obstacles, and achieve success.

A Consultant takes the action for you.

It boils down to two things: Capacity and Capability. Capacity means that you have the time and resources to take the action yourself. Capability means that you have the knowledge, skills, and abilities to take the action yourself.

You coach someone when they have the Capacity and Capability. When they don’t have one of the two, you step in as a Consultant.

What Was Your First Job?

What was your first job? Leave a comment below.

My first paying job was a paperboy. When I look back on this now, I can see the lessons I learned and didn’t realize it.

Capacity Management. No matter how many papers I would have liked to deliver (and make money from), only so many would fit in the bags on my bike. This is why paper routes were taken over by people in vehicles.

Accounts Payable. If I didn’t collect the money from the customers, I didn’t get paid. This taught me concepts, like: “fee for service,” and “deadbeat.”

Customer Experience. I got lazy and I dumped my papers in the bushes one time. Tons of people called and complained. I don’t mind being lazy, but that just caused more work in the long run. People don’t like lazy employees.

I didn’t think I was a Business Owner when I owned a Paper Route. Maybe if I had, I would have run it different? In life, we often do see us as “owning” anything when we work for a company…we turn over our rights to someone else. Maybe we need to rethink ownership, regardless of our role?

Where did you start and what didn’t you learn from it?

Do You Have A Business Plan

Two thirds of all small businesses do not have a plan (according to a recent survey). However, I believe that number is much higher!

Are you an entrepreneur? Run your own business, even if it’s as a realtor, having a side hustle, or pushing a MLM product? Do you have a written business plan? I’ll bet 9 times out of 10, the answer is, “No.”

Those that actually have a written business plan, when was the last time you looked at it? When was the last time you updated it? When was that last time you used it to drive business decisions? Again, 9 times out if 10 the answer will probably be, “Never.”

Small businesses are twice as likely to succeed when they have a business plan. If it’s a well designed plan, and not something filled in off the internet, the likelyhood significantly increases!

A well designed business plan, built by someone that knows what they’re doing, costs very little. Especially, when you consider the amount of money and time you spend to start and run your business–why would you not invest just a little to increase your likelihood of success two or more times?

Do you have your own business–what is it?
Do you have a business plan?
Do you use your plan?

What do you want to be when you grow up?

Recently, I was talking to a Branding Coach at a networking mixer. She said, her most difficult challenge in working with new business clients is that they don’t even know what business they want to be in.

Many people dream of starting their own business … striking out on their own as an entrepreneur. However, they don’t really know what they want to be when they grow up.

There are so many challenging questions that start-ups face, but this one is daunting.

Here are a few ideas … I would love to hear yours:

▶️ Take what you do today, and turn it into your own business. You know you’re already good at it. You can create a side-hustle or create your own company.

▶️ Turn a hobby into a job. I love golf, and about 15 years ago, I came up with a pretty neat business model around the sport.

▶️ Buy into an existing business. There are many franchise opportunities that exist. Also, businesses are always being sold by others for various reasons. If you don’t know what you want, take a look at what already works that you can buy.

Consider four things when starting out on your own. 1. You love what you do. 2. You are good at it. 3. People need it. 4. People will pay for it. At the center of these four, is PURPOSE.