26 August 2020

In business, being optimistic is different from living in a fantasy

Being the leader of a business isn’t easy, because when you’re in charge, a lot of pressure will be on your shoulders to do everything it takes to succeed. Sometimes, especially during challenging times, it forces one to entertain delusions just to make it through the constant anxiety and panic. As a Business Coach, my job is to guide entrepreneurs and business owners as they work on realising the full potential of their company. I’ve learned that one of the reasons some entrepreneurs find it a challenge to move forward is because they keep lying to themselves about certain aspects of the business.

As soon as they completely recognise the denial, start accepting it and work towards resolving core issues, they immediately see progress in their path towards their business and personal whys. But then again, the change starts with identifying those lies and breaking free from these destructive mentalities.

“Our luck will improve tomorrow”

Real problems don’t just get resolved by themselves overnight. The moment when you and your team are in a predicament, everybody needs to be able to accept the fact that there’s not always an easy way and that tomorrow might not be a better day. Problems need solutions, and unless you and your team would work together and do what needs to be done to change what happens tomorrow, things will not get better.

This does not mean that people have to always embrace a mentality of defeat. Fully accepting the challenge instead of relying on chance and lucky breaks can be the difference between true success and utter failure.

“I need to have the right people; the ones I have right now can’t do the job”

Most of the time, it’s not about the individuals on a team; it’s about the system you put those individuals in to. You need to determine the strengths of your existing team members and realise that it takes piecing personal qualities together for them to be one successful unit.

Don’t try to find and hire people who are “just like you”. Your business will never succeed in drawing or retaining talent until you start building your teams to be in harmony. It’s your responsibility to take the time to properly on-board, train and provide feedback to keep your team functioning efficiently.

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“24 hours in a day is not enough”

If you feel like there isn’t enough time in the day for you to get things done, perhaps you need to learn how to do a better job of time management and delegation. Discharging even the most minor tasks —managing your schedules, booking your travel—will earn you time back and can give you the confidence to start entrusting even bigger responsibilities to your team. Your job should be to figure out how to make your business run without you. You are the brains of the overall strategy and you need to find ways to give yourself time to concentrate on that important task.

“The more things we can accomplish at once, the better”

It’s not just about the little ‘successes’; it’s whether you were able to accomplish things that really matter. As a business leader, you need to set clear objectives for your team, and you must establish a path towards those goals. Progress here and there can be great, but if they don’t really help you achieve the bottom line, you’re only wasting precious resources. Focus on the quality of work being done, not just the quanitity.

Be the best business leader you can be and reach the full potential of your business. Work with a Business Coach. My extensive clientele consists of companies based in all of the Midlands including Leicestershire, Derbyshire, Nottinghamshire and Staffordshire. Discover how REACH Business Coaching can help you grow your business!

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