In this segment of Dirty Secrets of Small Business, Jack Menicin and Adam Sonnhalter advise small busienss owners to pay attention to why you are chasing the bucks (not antlers of the deer variety!)…If you are doing everything for the money and it is your prime motivation, you will quickly find out that there is more involved in making good decisions for the small business than just the money.
Spend more time really getting to know your employees, your partners and what they are really like in business situations. Know your partners and look for the red flags or the warning signs of deeper issues. People who can’t be trusted with little things…they can’t be trusted with the big stuff.
Pay attention to your gut and if you don’t feel right about someone, even if you can’t readily put your finger on why, don’t go ahead with having this person be a partner or come on board with your company.
Having the difficult discussions to break things off with a partner needs to be done sooner than later. According to Maximum Value Partners experience (Jack and Adam’s coaching company) “there is usually a pattern with our clients that we see within a month and we know what needs to be done even if the client has realized it but just can’t seem to act on it.” Jack and Adam as outside small business coaches can quickly see what is not working with their clients and the partners they have.
If there is a small misunderstanding before you, the small business owners are partners with someone new, look to how they are dealing with the small crises. Those little things will give indication of how the future big things will be handled either effectively or with a lot of drama and stress on you and the business.
Don’t go chasing the bucks. Be sensible on what will be best for your business in the long run not just a quick success that will not be sustainable.
If you have had a challenge with a business partner and would like to share it with Jack and Adam, give a call every Monday at noon (EST) to Dirty Secrets of Small Business. 440-946-9468
If you had one opportunity to be different, what would you change about yourself? This is the question that Jack Mencini, co-host of Dirty Secrets of Small Business and business coach with Adam Sonnhalter for Maximum Value Partners ponders in his How Come? segment.
How do you go about change? When you come up with a problem and the solution is not easy in business or your personal life, the thing you wanted to change sometimes goes by the wayside.
Usually it takes small steps and the recognition that change does not happen overnight and you will need to accumulate small victories for a more significant change … if you really want the change. You need to ask yourself: What really bothers you the most? Then, you can start on the path and on the journey to fix the problem
According to Adam, Steve Jobs of Apple used to ask his people to think different. Do we all have it in us to do something world changing like a Steve Jobs? In this day and age, Adam believes we all have it in us to make changes in the world and in your life. It starts with yourself and like Mother Theresa who made tremendous changes for the better. She said: “Do small things with great love.”
In their coaching, Jack and Adam use DISC to better understand their clients and have their clients understand themselves to get on the path of change and have insights on natural behavior styles with their employees and their clients for small business success.
For more information on how DISC can be an important insight into your small business, contact Jack or Adam at email@example.com or call into the weekly radio show at noon (EST) every Monday. 440-946-9468