What has business and sport in common? They have one thing in common and that is Winning.
Why are we using sport as an analogy for business? Mainly for two reasons, both are games, and both are about winning. The question to business owners is- “On what level do you want to play your game?”
In sport, you're either on the field or you're in the stand. It is similar for business, the problem however, is that in business we're running day to day, work extremely long hours. It feels like you're running at 160 km/h every day in the business. You are putting out fires, doing operational work to get more business in but we do not take the time out to really take stock to see where the business is and asking the question: “If business is a game, how does winning look like?”
By not taking the time out to define “Winning” bad things are happening, the business starts to stagnate, sliding backwards, you are getting tired and demotivated because the business do not make the money you desire. As a result of daily grinding, and not taking the time out, opportunities that are there are not seen and capitalised on.
In this blog I want to share three ideas about the difference between being:
“On the field” and “In the stand”.
The first point is to actually take the time out and ask yourself, “In what area of the business am I perhaps, in the stand?”. I talk about it, I talk about action, but it doesn't make any difference. It could be in any area of the business ie in the Marketing, or Sales, perhaps the Team etcetera. That area that you really feel the game is not being played at the highest level, it’s like being "in the stand.”
The second point is you write down what is the impact of that on the business? What does it cost you? How does it affect your life?
The third point is to actually then make a decision, am I choosing to get on the field? How would winning look like when I'm on the field? How will that be different from today? So, I'm playing the game, I take action. It makes a difference.
There is a risk, but there's also the reward. Very important, how will you keep track of your progress? The best way is to design your scoreboard.
Write down the measurements that will be your scoreboard.
And you can follow this process with every team member, with a relationship, with your spouse. Where are you in the stand and not on the field with your children, with your grandchildren?
Your business should be actually giving you that life that you desire. The business is a vehicle to give you your desired life, wealth and freedom. When you play it as a game you have more Fun as well.
Enjoy your game.
Francois J Lubbe, ActionCOACH Business Coach
From my point of view, management must always aim to find a strong balance between, what I would like to term, “Telescope Work” and “Microscope Work”.
The “Telescope Work” entails the longer-term view where the focus is on the future direction of the business in terms of medium and long-term goals to be achieved. The “Microscope Work” entails a deeper dive into an area of importance to ensure the goals are achieved. In this blog, I will focus on the “Microscope Work” in the area of management of sales.
The generation of profitable sales for your business could feel like a car that drives in first gear only, or it’s like a car that has changed to higher gears and runs smoothly. Irrespective of which gear you are driving; it’s imperative that management always applies the “Microscope Work” in the area of sales. The purpose of the “Microscope Work” is to identify the areas to focus on – that will produce the results if corrected in time. The correction always provides new opportunities for salespeople to grow personally and professionally which leads to a change of behaviours that produce results in line with their potential.
Here are the six points to focus your Microscope on during a weekly, 45 minutes, one-on-one meeting between the manager and the salesperson:
For consistent high performance, it is important that this meeting takes place on a weekly basis and ideally at an agreed time for every week. It is the sales person’s responsibility to bring the numbers to the meeting and be prepared for a deeper examination of the results in each area.
The manager should always find the balance of keeping the salesperson accountable for the results and provide support in the form of training, coaching, or other tools that will equip the salesperson for better results.
In today’s competitive business environment, your clients are being bombarded with an overflow of knowledge and information that makes it more difficult to choose whose product or service to use. Make sure you have a strong differentiating factor not only from a business point of view but also from a personal point of view. People do business with people they like. How do you make yourself more likable for your client?
Francois Lubbe, ActionCOACH Business Coach
Jan 18, 2022 | Business, Business coaching, Entrepreneurship, Freedom, Goals, Mentor, Mindset, Results, Small Business Owner, Success, Systems, Team |
It was August 2009, my first year of being a Business Coach at ActionCOACH when I attended my first ActionCOACH Global Conference in Sydney, Australia.
At the conference, I met a seasoned coach from the US and made the bold decision to appoint him as my coach to assist me to grow my business. When we had our first meeting, me back in Johannesburg and him in Colorado, he asked me to provide him with my list of goals. The goals I provided him were quite “skimpy” according to him and his next comment “ hit me between the eyes” when he said:’ Okay, I can guess your bank balance is about $ x and he was accurate within a $10 000 range.
He made the comment that got my attention. “Life best lived is by design, and not by accident”.
Fast forward to today, reflecting on all accomplishments I have achieved that I never had thought would be possible. I do not want to impress you about my successes but press upon the importance of vision, dreams and goals and what they could do for you. My aim is to share great insights about goals that I have learned through my growth journey by applying lessons learned from my coaches and mentors.
Power of Imagination
Life should be an adventure. Life should be fulfilling. Life should be much more than existing.
Developing goals is an opportunity to use your imagination since imagination is a powerful resource to tap into. When we think about it – imagination discovered countries, built cities, grew businesses, developed relationships and the list goes on and on.
Unlocking this resource of imagination is when you start thinking about your future and what is possible for you.
Past and Future Forces
We are affected by many forces like our environment, events, knowledge, results and by our dreams.
One lesson I have learned is that we are pulled by forces that give direction in our lives. Some people live in the past and let the past continue to pull them into the past. We must learn from the past to make it useful for the future.
We must make sure to tap into the “pull” of the future – Our Dreams and Vision of the future. One of the challenges of business owners is that they are running at 160 km/hour and don’t make the time for “ White Space Thinking” which could be the gateway for their desired future. This is when you are brutally honest with what’s really going on by addressing key questions that direct your life, e.g.: How big is your Vision and your goals? Are you building a shack or a cathedral? Are your goals so small that you can achieve it by yourself and in your lifetime?
Clarity of Goals
There are generally three types of goals:
Common Goals
Clarity leads to power. What is the exact goal of the company? If the team can’t say what it is then it is hard work for the business owner. By setting a common goal for the company, the team is motivated by achieving something great. A goal whereby everyone can win by achieving that.
A financial goal is a great reward for the business owner but not really for the team members. They don’t come in and say: “Wow, I can’t wait to make my boss an extra million bucks this year.” The point is to enroll and inspire people. If it doesn’t do it then it is not a goal for having in your business. A great place to start is to start with something simple, e.g.: We want to be the very best in town. Then picture it. Let everyone in the team see that picture.
Detail Goals
How to get to the detail:
“If you want to be happy, set a goal that commands your thoughts, liberates your energy and inspires your hopes” – Andrew Carnegie.
Francois Lubbe, ActionCOACH Business Coach
francoislubbe.actioncoach.com | francoislubbe@actioncoach.com
Image: A client sharing the goals he’s achieved at an ActionCOACH GrowthCLUB (90-day business workshop).
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