What to do When the Ship is Sinking

titanic

We all face professional disasters of one kind or another. It’s inevitable, whether you work in your own business or for someone else. And sometimes those disasters are brought on by us (whether we want to admit it or not) and sometimes those disasters are externally occurring but impact us anyway.

I was going to list a few disasters but then I realized that I could fill the next 100 blogs with disaster story after disaster story; and you’d be likely to match me with your own disaster stories.

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One Month In…

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In a couple of days, my calendar is going to ping me with a reminder. It’s going to say “One month in – how’s it going, Heather?” This reminder is for me to review the new business strategies I intended to integrate into my business this year.

Each year, I list out a bunch of strategies I want to integrate into my business. Some are marketing strategies, some are productivity strategies, some are customer service strategies; that kind of thing. I always have a really bold and vibrant vision of the year ahead and it’s easy for me to actually create so many strategies that I simply can’t implement them all effectively.
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Business Urban Legends (BUL) Series: 1 of Many: No you will not make millions eating bon-bons

I like to blog about different things, so sometimes I start series. For example, I have an “Ooops” series where I talk about business “ooops” that I see (which is much neglected; sorry). A new series I want to start is Business Urban Legends – a series revealing things that people (clients, colleagues, innocent bystanders etc.) have said or say to me in daily communication.

Some disclaimers:

  • I will change the name of anyone I am discussing (or just not use names at all).
  • I will not speak regarding clients with whom I am working and bound by confidentiality.
  • Almost all blog posts that I write go through my editor prior to being posted. Some of these will not, as some of my best written blogs are written on the fly and without editing. So excuse any typos etc.
  • There are exceptions to every rule (or, in this case, “legend”), so when I speak, I am not saying something is impossible or can’t be done. I am speaking about the majority of the time or about my own experiences.

So,  in a nutshell, you will not be a millionaire eating bon-bons (or doing nothing). This is an all too common misconception. I hear people saying this or telling me all the time:”I just need a product or two that can create a passive income stream and then I will have time to travel or time to spend with the kids.”

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When Business Growth is Bad – Part 3

I can’t imagine a business that doesn’t want some kind of growth. That’s exactly the way it should be. But not all growth is good and in the past couple of blogs I talk about business growth that can sometimes be a problem.

So far, I’ve talked about out-of-control business growth that costs so much up-front, the business cannot keep up. And, I’ve talked about business growth that spikes (increasing then decreasing) so that the business is stuck with a high bill from the brief burst of business. Click here to read more »

The conundrum of committedness – part 3

In my last two blogs, I’ve talked about the conundrum of committedness. The first part of the conundrum is the need to continue generating new commitments, even if there are a lot of them currently. And the second part is that new commitments aren’t always predictable.

Here are some ways to manage that situation for your business: Click here to read more »