Archive - September 2016

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Communicating Change
Back To Front Planning
What to do when business isn’t great Part 3
What to do when business isn’t great Part 2

Communicating Change

Whatever you’re unsure of, be sure of this – change, like that other word that starts with “S”, happens!

The change can be unplanned, thrust on you, or it can be planned because you see the need to innovate and do something differently.

In either case, you need to communicate that change to all your “stakeholders” – the people who have an interest, financial or emotional, in your business and success. Please, don’t ever think of not communicating changes – planned or unplanned – that’s just poor judgement and I believe unworthy of you. If you are creating or growing your dream business, it is to create a better life for you and the people around you, and the journey has to be transparent and open.

IMHO this means that any change, planned or unplanned, has to be explained – to your spouse and family, to your co-workers and employees, to your contractors and virtual assistants, to your customers, suppliers, bankers, financial and other advisors. They are affected – they need to know.

The question is not “should I tell them”, it’s “how do I tell them so that they come on the journey with me, willingly and collaboratively”?

In this video I discuss 7 steps you should take.

Here they are again:-

  1. Explain the reasons;
  2. Explain the new opportunity;
  3. Explain the new vision;
  4. Allay fear;
  5. Explain your support;
  6. Explain the big picture of the changes; and finally
  7. Get buy-in.

I’m sure you’ve dealt with implementing change in your business, click here to post a comment under the video and tell me a way you have successfully implemented change.

Go to my website teikoh.com if you want more of these ideas, systems and tools to create strategy and grow your business, but if you’re not getting them delivered every week directly to you, why not? Keep in the growth gradient by giving me your name and email and I will send you weekly and free ideas and bonuses, directly to your inbox.


Back To Front Planning

How do you plan for something? Created some goals right? Identified what you wanted to achieve this year or in 5 years’ time, then worked out strategies on how to get there?

Well, how do you know if those goals and strategies will get you to a place you really desire and not just some random point on the way there? Where even is “there”?

Stephen Covey said it best: “Begin with the end in mind.” I believe that you always have to start your planning from the back end, from where you want to end up, and then go back to where you are now. Otherwise, how can you create goals and strategies to go “forward” when you’re not clear where “forward” actually is?

And I don’t mean some wild and wooly “vision and mission” statement – I mean a clear, quantified, specifically described, ideal future situation. You absolutely need clarity on this before you plan for anything, so that you can ask “Will this goal or strategy or action get me nearer there and only there?”

Watch this video on the one way I recommend to clarify what your “vision” is and what it actually means when it has been achieved.

If you use this method you can cascade the detailing of what your ultimate dream business is, all the way to the detailed steps and actions you need to take – try it out! Remember:-

  • The first question is “what do I mean by my ideal…..(business)?”
  • Then keep asking “what do I mean by…..”

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What to do when business isn’t great Part 3

This is the final video in the series about what you can do when your business isn’t doing so great just now.

I am truly positive about working on your business. I truly believe that if you reframe any situation, you can look for the positive and you can come up with strategies to take you forward. All my writing and video talks in my blog are about business growth, about the systems and tools to take your business and your life up another level.

However bad times happen.

Only, I believe the same attitude can overcome bad times, and in the last two videos I gave you some ideas about how you can turn a bad situation around.

Do I know what I’m talking about? Yes I do. Apart from spending over 35 years of my life successfully advising entrepreneurs and small business owners across the world on how to create the business they see in their vision, I have also had cause to pull myself out of near bankruptcy.

Bad partners. Yup, bad partners, but even today I don’t see it as “their fault“. I own my own destiny and you should too. I looked at my “near-death business experience” with realistic eyes and relied on all the systems and tools I knew and created strategies and pulled myself out and created a very successful consulting business from the ashes. You can too – in the last couple of weeks I gave you ideas about how to create recovery strategies if business isn’t great for you at the moment, now watch this last video in the series.

Were you surprised by my last suggestion?

Despite my belief that you can and should keep looking for ways to pull yourself out of trouble, sometimes you have to look reality in the face and know when a situation is too wrong to be righted. Don’t make that decision lightly, but realise you may have to make that decision.

Here I am hoping that you never find yourself having to make that final decision, and I’d love to hear what you think – click here to leave a comment under this video-blog post on my website.


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What to do when business isn’t great Part 2

Last week I wrote about how we have to be realistic and despite my wanting to help you grow your business into a successful long term business, we have to be realistic and admit that sometimes business isn’t doing great sometimes.

The question is what can you do in those times, how do you do something proactive to pull yourself out of a hole?

Well last week I gave you the first ideas on what you can do. This week I give a couple more ideas, watch this video now.

You can’t sit on your hands, right? If you want to grow the business of your dreams, sometimes you have to go through difficult times, and when you do, please don’t just sit there in fear and panic bemoaning your fate.

If there’s one thing I’ve learned from over 35 years experience helping entrepreneurs and running businesses myself, where you go from time to time depends entirely on the effort and practice that you put into the situation. If you see it as the end, it will be the end. However if you see it as a challenge – another to overcome – your mind starts to focus on what you can do rather than what has befallen you! If your dream is worth anything, it’s worth fighting for.

Watch out for Part 3 of this series coming out next week – if you don’t want to miss it, I can email it directly to your inbox, just give me your name and email here.

Tell me what you think – about any ideas to fight and claw your own way out of a bad situation, or (if you can share) any of your own experiences – click here to post a comment on this video in the blog.


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