Waking Giants New Zealand

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How Far You've Come – Waking Giants

Posted on by wakinggiants23

The Lone Leader Weekly

8th March 2023

Give Yourself A Damn Break

You ARE making progress. No matter how small.

#1. Your Harshest Critic, Is You.

Every day you let your ego take over, you lose. Redefine what good looks like and accept that perfection is a myth.

#2. You Are A Work In Progress.

We all are. If you ask new questions each day, challenging your very existence, you are already ahead of the rest.

#3. FFS. Accept The Win.

Don’t ruminate on what could have been better. Take the damn win, accept it, and celebrate a little. Then take the lessons and go again.

There is no doubt that you are further along than you realise. But that voice in your head hounds you, tortures you, that you are not enough, you haven’t come far enough.

Only every single day, I hear you say.

But not today. I want today to be the day that you observe, embrace and accept the amazing progress you have made.

This isn’t some motivation hype article. This is a reality check that you, me, we all need. If only to keep you sane.

In the past few weeks, I have found myself being hugely tested in all aspects of my life, the good the bad and the ugly. So many moments I wanted to quit, to say fuck it, I want an easy life. But those moments don’t last. They never last.

Some of the conversations I have been having with clients and friends all speak of deep challenge, fatigue and a loss of hope.

The economy and constant speak of recession, the relentless lessons that mother nature keeps delivering, especially in New Zealand, all making each day that little harder.

But here’s the thing, none of it is new. The weather is never quite perfect, we never quite have enough clients or money, time is always under pressure, sleep, diet and everything in between, never quite where we want it to be.

Expectations. Your success and misery all live in your own expectations of success.

As I was closing out my accounts recently, for fun, I looked at the total revenue I had generated over 12 years (it was recently our birthday), this was a vanity act to give me a lift hopefully.

$ 5.5 million dollars. That’s the figure. And it’s a big figure.

There are two ways to respond – firstly to say well that’s not much for 12 years of work, I have many clients that do that per year, some past clients do that a month, what am I doing wrong?

The second way is to be grateful that many would kill for that kind of revenue.

What it made me realise, is that 12 years ago, I took a punt, backed myself and lept into the unknown. 12 brutal years of surviving, growing, shrinking, staff, no staff.

Being able to afford the wages but on a credit card. Telling my wife that this week there was no money.

Times when I could barely fuel my car to get to a meeting, sitting in that meeting praying you to get the gig so I can pay some bills.

All part of the journey of being a lone leader.

But here’s the reality check. Not one in my family or friends ever owned a business.

I was the first, like the I was first, to go to University in my entire family, my first Ironman, representing New Zealand at the World Triathlon Championships, increasing our property interests by a factor of four, cancer, having my first daughter and losing her, having my second daughter who is 10 next month, all while trying to work out this crazy world we call business.

After 12 years of doing it tough, I’m in the best place I would be, right here, right now.

I am clear on the path I want my life to take, in fact, it is the path I am on, not a future state.

When I hear about the pain that business owners go through, I have nothing but admiration. Day 1, or day 4380 (12 years), is the most extraordinary journey, and you are doing it, and we are doing it.

If you generated $100,000 last year and generated $105,000 this year – you are amazing.

If you had 5 clients last year and you have 6 clients this year, you are amazing.

If you had 20 people on your email list last year and now you have 40, you are amazing.

If you get up each day and take on the fight, even when you don’t want to, you are amazing.

If you pick up your kids from school two days a week, and it was once, you are amazing.

It is all amazing. Your chances of success in business are so slim, the sacrifices so great that it is a silly thing to do, yet we do it anyway.

Suppose you are having an off day, feeling down or need hope. Grab a pen and pad and write down everything you have achieved. DO NOT, for one minute, value it against another or say it could be better. Accept, with gratitude; these are the thing YOU achieved; these are the hurdles YOU overcame, and these are the days YOU got up and said, let’s go again.

You made this happen. And you can make more happen. Just keeping going.

Until next time, be grateful, be kind, be proud. You deserve it.

G.

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Apple Inc.: Sustaining a Competitive Advantage

Posted on by wakinggiants23

Apple Inc. is renowned for sustaining a competitive advantage in the dynamic technology industry.

From its humble beginnings in a garage to becoming one of the world’s most valuable companies, Apple’s success can be attributed to its strategic decisions and focus on innovation. This breakdown will explore key elements of Apple’s strategy and draw lessons that small business owners can apply to their ventures.

  1. Focus on User Experience: Apple’s relentless focus on delivering exceptional user experiences has been a cornerstone of its success. From the intuitive design of its products to the seamless integration of hardware, software, and services, Apple prioritizes simplicity and functionality. Small business owners can learn from this by consistently prioritizing the needs and desires of their customers. Businesses can create products or services that delight customers and foster loyalty by investing in user research, design, and usability testing.
  2. Continuous Innovation: Apple has a track record of pioneering innovative products and reshaping industries. From the Macintosh and iPod to the iPhone and Apple Watch, Apple consistently introduces groundbreaking technologies. Small business owners can adopt a similar mindset by fostering a culture of innovation within their organizations. Encourage employees to think creatively, embrace experimentation, and stay ahead of industry trends. Regularly assess market needs and invest in research and development to drive product, service, or process innovation.
  3. Integration of Hardware, Software, and Services: Apple’s ability to tightly integrate its hardware, software, and services has been a significant source of competitive advantage. Apple creates a seamless and cohesive customer experience by controlling the entire ecosystem. Small business owners can learn from this by considering how different elements of their business can work together harmoniously. Aligning product development, marketing, customer service, and other functions can create a unified experience that sets a business apart from its competitors.
  4. Branding and Marketing Excellence: Apple has consistently excelled in branding and marketing, creating a powerful emotional connection with its customers. Its sleek and minimalist designs, captivating advertising campaigns, and consistent messaging have contributed to its brand loyalty. Small business owners should focus on developing a strong brand identity and conveying a compelling value proposition to their target audience. Invest in effective marketing strategies that communicate the unique selling points of your business and build an emotional connection with customers.
  5. Ecosystem Lock-In: Apple has successfully built an ecosystem that encourages customer loyalty and retention. By offering a range of interconnected products, services, and platforms, Apple makes it challenging for customers to switch to competitors. Small business owners can learn from this by exploring ways to create their ecosystem. This could involve offering complementary products or services, implementing loyalty programs, or building a community around your brand. You can increase customer retention and lifetime value by providing value and convenience within your ecosystem.
  6. Supply Chain Management: Apple’s mastery of supply chain management has contributed to its ability to bring products to market efficiently. Through strategic partnerships, tight inventory control, and a focus on quality control, Apple has minimized production costs and maintained product availability. Small business owners should prioritize supply chain management to optimize operational efficiency. Build strong relationships with suppliers, streamline processes, and explore ways to reduce costs without compromising quality.
  7. Embracing Strategic Partnerships: Apple has strategically collaborated with other companies to enhance its product offerings and expand its reach. Notable partnerships include iTunes with record labels, app developers, and Apple Pay collaborations with banks and retailers. Small business owners can seek strategic partnerships aligning with their business objectives. Collaborating with complementary businesses can enable access to new markets, shared resources, and increased brand exposure.
  8. Long-Term Vision and Adaptability: Apple has demonstrated a long-term vision while remaining adaptable to changing market dynamics. The company has successfully transitioned from computers to portable music players, smartphones, wearables, and more. Small business owners should adopt a similar mindset by planning for the future and being open to evolving market conditions. Regularly assess your business model, monitor industry trends, and be prepared to pivot when necessary.

Conclusion: Apple Inc.’s sustained competitive advantage can be attributed to its focus on user experience, continuous innovation, integration of hardware, software, and services, branding excellence, ecosystem lock-in, effective supply chain management, strategic partnerships, and long-term vision. Small business owners can learn from Apple’s strategies and apply them to their ventures.

By prioritizing customer needs, fostering innovation, and building strong brands, small businesses can enhance their competitive position and drive long-term success.

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Unlocking Your Potential: A Guide to Mindset Growth

Posted on by wakinggiants23

Are you looking to reach new heights and achieve your full potential but feeling stuck in your current mindset?

Adopting a growth mindset could be the key to unlocking your potential.

In this comprehensive guide, we’ll discuss what a growth mindset is, its science, and practical strategies to help you develop and maintain it, even when faced with obstacles.

What are the 4 types of mindsets?

Four widely recognized thinking methods have emerged: growth mindset, positive mindset, entrepreneurial mindset and challenging mindset. But this article focuses on the difference between a fixed mindset and a growth mindset.

Understanding the Growth Mindset

The Difference Between Fixed and Growth Mindsets

First, it’s essential to understand the difference between a fixed mindset and a growth mindset. People with fixed mindset believe that their abilities are predetermined and unchangeable. In contrast, those with a growth mindset believe their abilities can be developed through hard work, dedication, and perseverance.

If you believe that your abilities are fixed, you may be more likely to give up when faced with challenges, as you perceive failure as a reflection of your innate abilities. However, individuals with a growth mindset see challenges as opportunities to learn and grow and are more likely to embrace failure and use it as a springboard for growth.

For example, imagine a student who receives a low grade on a math test. If they have a fixed mindset, they may think, “I’m just not good at math”, and give up on the subject. But if they have a growth mindset, they may think, “I didn’t do well on this test, but I can work harder and improve my understanding of the material.”

The Science Behind the Growth Mindset

The concept of growth mindset theory was initially developed by psychologist Carol Dweck, who conducted extensive research on the subject. According to her studies, individuals’ beliefs about their abilities profoundly impact their motivation, neural growth, achievement, and overall well-being.

When individuals believe that their abilities can be developed and improved over time, they are more likely to take on challenges, work hard, and persist in the face of obstacles. Additionally, those with a growth mindset tend to experience less stress, anxiety, and depression compared to individuals with a fixed mindset.

Research has also shown that the brain can change and grow throughout a person’s life, a concept known as neuroplasticity. This means that even if someone initially has a fixed mindset, they can still develop a growth mindset through deliberate effort and practice.

How to Identify Your Mindset

The first step in cultivating a growth mindset is identifying where you currently stand. Consider your beliefs about your abilities, and note any patterns in your thoughts and behaviours when facing challenges.

Do you tend to give up quickly, or do you persist in the face of adversity?
Do you embrace failure as an opportunity to learn or see it as a personal flaw?

It’s also important to encourage students to recognize that mindset can vary depending on the situation. You may have a growth mindset in one area of your life but a fixed mindset in another. For example, you may believe that you can improve your physical fitness through hard work and dedication but that your artistic abilities are a fixed trait and unchangeable.

These self-reflective questions can help you identify whether you lean more towards a fixed or growth mindset. Remember, it’s okay if you identify with a fixed or growth mindset —some strategies can help you shift towards a growth mindset.

Strategies for Developing a Growth Mindset

Developing a growth mindset takes deliberate effort and practice. Here are some strategies that can help:

  • Embrace challenges: Rather than avoiding them, seek them out as opportunities to learn and grow. Challenge yourself to try new things and take on tasks outside your comfort zone.
  • View failure as a learning opportunity: Instead of seeing failure as a reflection of your abilities, view it as a chance to learn and improve. Ask yourself what you can do differently next time, and use the experience to grow.
  • Practice self-compassion: Be kind and understanding towards yourself, especially when facing challenges or setbacks. Treat yourself with the same kindness and compassion that you would offer to a friend.
  • Celebrate progress: Rather than focusing solely on the result, celebrate the progress and growth you make. Recognize the effort and hard work you put in and the small victories.
  • Surround yourself with growth-minded individuals: Seek out friends, colleagues, and mentors with a growth mindset. Surrounding yourself with people who believe in your ability to learn and grow can help you develop and maintain a growth mindset.

By implementing these learning strategies now, you can shift your mindset towards growth and develop the belief that your abilities can be developed and improved over time.

Cultivating a Growth Mindset: Embracing Challenges and Learning from Failure

One of the core principles of a growth mindset is to embrace challenges and view them as opportunities to learn and grow. When you encounter a difficulty, ask yourself what you can learn from it and how you can improve for next time. This approach can help you build resilience and develop a growth mindset.

Try to avoid the tendency to give up or become discouraged by obstacles; instead, use them as opportunities to practice persistence and grit. When you face a challenge, take a step back and assess the situation. Identify what went wrong, what you could have done differently, and what you can learn from the experience.

This approach can help you develop a growth mindset and become more resilient in the face of challenges. Failure is a natural part of the learning process, and those with a growth mindset recognize this. Instead of viewing failure as a reflection of their abilities or a personal flaw, they view it as a necessary step towards progress.

Use failure as an opportunity to learn from your mistakes, adjust your strategies, and grow.

The Power of Yet: Developing Persistence

Another important aspect of a growth mindset is developing persistence. When individuals believe that their abilities can be developed over time, they are more likely to persist in the face of challenges and setbacks.

The phrase “not yet” can be a powerful tool to foster persistence; instead of saying, “I can’t do this,” try saying, “I can’t do this yet.” This subtle shift in language can help shift your mindset towards growth and progress. Persistence is essential for success in any area of life.

It requires dedication, hard work, and a willingness to keep going even when things get tough. By developing persistence, you can overcome obstacles, achieve your goals, and ultimately lead a more fulfilling life.

The Importance of Self-Reflection and Feedback

To develop and maintain a growth mindset, engaging in regular self-reflection and seeking feedback from others is important.

Take time to reflect on your progress, identify areas for improvement, and celebrate your successes. This process can help you stay motivated and focused on your goals.

Additionally, seek feedback from others and be open to constructive criticism. Feedback can help you identify blind spots, improve your performance, and ultimately, achieve your goals. Focus on a growth mindset teaching and progress rather than perfection.

Remember, the journey towards success is never linear, but with a growth mindset, you can overcome obstacles and achieve your dreams.

In conclusion, cultivating a growth mindset is essential for personal and professional development. By embracing challenges, learning from failure, developing persistence, and seeking feedback, you can develop a growth mindset and achieve your goals.

Remember, success is not just about talent or intelligence but also about hard work, dedication, and a willingness to learn and grow. With a growth mindset, you can overcome obstacles, achieve your dreams, and ultimately lead a more fulfilling life.

Strategies for Developing a Growth Mindset

Setting SMART Goals

One way to develop a growth mindset in business is to set SMART goals. SMART stands for specific, measurable, achievable, relevant, and time-bound.

By setting specific and measurable goals, you can track your progress and feel a sense of accomplishment as you accomplish them.

Similarly, setting goals that are achievable and relevant to your interests can help you stay motivated and persist in the face of challenges.

Practising Mindfulness and Meditation

Mindfulness and meditation can help you develop and cultivate a growth mindset by increasing self-awareness and reducing stress and anxiety.

By regularly practising mindfulness and meditation, you can train your mind to focus on the present moment and become more attuned to your thoughts and behaviours.

This increased awareness can help you identify and challenge negative thought patterns and develop a more positive, growth-oriented mindset.

Surrounding Yourself with Positive Influences

The people you surround yourself with can significantly impact your mindset. To develop a growth mindset, surround yourself with individuals who encourage and support your growth and progress.

Seek mentors, teachers and role models who embody the qualities and attitudes you admire, and learn from their example.

Adopting a Continuous Learning Approach

Finally, to develop and maintain a growth mindset, it’s crucial to encourage your team to adopt a continuous learning approach. This means staying curious, seeking new challenges, and embracing opportunities to learn and grow.

Instead of viewing learning as a chore or a burden, approach it as a way to expand your knowledge and skills and become the best version of yourself.

Overcoming Obstacles to Mindset Growth

One of the biggest obstacles to developing a growth mindset is the presence of limiting beliefs. These can be beliefs about yourself (“I’m not smart enough to succeed”) or beliefs about the world (“Success is based solely on talent and luck”).

Identify any limiting beliefs you may have, and challenge them with evidence to the contrary. By using critical thinking and reframing your thoughts and beliefs in a more growth-oriented way, you can cultivate a more positive and constructive growth mindset culture.

Managing Stress and Anxiety

Stress and anxiety can also be barriers to developing a growth mindset. To manage these emotions, practice self-care activities like exercise, meditation, and spending time in nature. Additionally, challenge negative self-talk and reframe your thoughts more positively and constructively.

Building Resilience and Grit

Finally, developing resilience and grit can help overcome obstacles and setbacks. Resilience refers to the ability to bounce back from adversity, while grit is the passion and perseverance to achieve long-term goals.

By cultivating these qualities, you can approach challenges with a more positive and growth-oriented mindset and persist in the face of adversity.

Unlocking your potential is not a quick or easy process, but it is achievable with the right mindset and strategies.

By using different learning strategies, cultivating a growth mindset, embracing challenges, setting SMART goals, and approaching obstacles with resilience and grit, you can reach new heights and achieve your full potential.

Remember, growth is a process, so be patient and persistent in your journey towards mindset growth.

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An Anchor In A Storm – Waking Giants

Posted on by wakinggiants23

The Lone Leader Weekly

25th Jan 2023

We Are All Searching For Meaning

But few use it to live their fullest life.

#1. Business Is Never Perfect.

We can blame the economy, the government and the competition, but we are the ones that control our minds and actions. Imperfect progress is better than regret.

#2. Be Relentless About The ‘THING’.

Less but better. Less work, but better work. Less food, but better food. Less thinking, but better thinking. Less goals, but better goals.

#3. Deep Work Demands Purpose.

Undertaking deep work practices isn’t about productivity, it’s about doing less of the shit that won’t serve you. Distractions are 95% meaningless, they do not serve you or your ambition in life.

It dawned on me this morning that anchoring something can be powerful, queue the boat analogy.

But there is more to it than that. Since October last year, I have been the most focused on my mission ever.

In hindsight, I probably wasn’t quite drifting, maybe taking the strain of dragging the anchor.

I found a small bay (my garage) and enjoyed the view. More importantly, I slowed down deliberately to understand where I wanted to go next.

It has been a profound experience where the anchor was a deliberate act to stop the drift and focus on what is most important.In that process, I realised that other anchors were stopping me from progressing.

My ego, business structure, and habits were all anchors to moving forward.

But in that stopping, I found the positive attributes of having something to anchor my energy, thinking and actions against.

The unbelievable benefit of this is the time and mental capacity you free up. In triathlon, we talk about training hard so we can race easily; it feels a bit like that.

Because I have my mission clear, I can anchor decisions off of that every moment of every day.

Want to know how I got to this place?

1. I stopped and took a breath. I told my wife I needed time to reflect and plan the future. It was a team effort.

2. I found writing as a miracle medicine. I started to write over the past couple of years, but now it is central to me being happy and purposeful—a little bit every day.

3. I threw away 9–5 thinking. It’s a trap.

4. I am experimenting with deep work. Super focus on what needs doing. Then the play comes.

5. Small to-do lists, important to-do lists.

6. Add more things I WANT to do in my day. Walk the dogs. Read, stare into space, and work on my garden.

7. Less but better.

My anchors are no longer things that hold me back but the thing that holds me steady in a storm so I can keep progressing when it clears.

We all need something meaningful to hold onto, but is it right?

Until next time. Focus.

G

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Exploring Different Coaching Styles

Posted on by wakinggiants23

In the world of coaching, there is no one-size-fits-all approach.

Coaches come in various shapes and sizes, each with their unique style and method. These coaching styles can have a significant impact on the effectiveness of the coaching process and the outcomes achieved.

This article will delve into the different coaching styles, their characteristics, and the pros and cons associated with each style.

Understanding the Concept of Coaching Styles

Before we dive into the specific coaching styles, it is important to understand what coaching styles entail. Coaching styles refer to the different approaches and methods coaches use to guide and develop individuals or teams towards achieving their goals. Individual preferences, values, and philosophies influence these styles.

While each coach may have their unique style, it is essential to note that coaching styles are not fixed or rigid. Coaches can adapt their style based on the needs and preferences of the individuals or teams they are coaching.

Coaching styles can vary widely and can be categorized into different types. Some common coaching styles include:

  • Autocratic Coaching Style: This style is characterized by a coach who makes decisions without much input from the athletes or team members. The coach is in complete control and directs the training and decision-making process.
  • Democratic Coaching Style: In this style, the coach involves the athletes or team members in decision-making. The coach values their input and encourages collaboration.
  • Transformational Coaching Style: This style focuses on inspiring and motivating athletes or team members to reach their full potential. The coach is a mentor and role model, encouraging personal growth and development.
  • Transactional Coaching Style: This style is based on a transactional relationship between the coach and the athletes or team members. The coach sets clear expectations and rewards or punishes based on performance.
  • Supportive Coaching Style: This style emphasizes building a positive and supportive relationship between the coach and the athletes or team members. The coach provides encouragement, empathy, and emotional support.

Now, let’s explore the various coaching styles in detail.

Definition of Coaching Styles

Coaching styles are coaches’ overall approach to interacting with and guiding their clients or athletes. These styles shape the relationship between the coach and the client and affect the overall coaching experience.

Coaching styles are not only limited to sports or business but can also be applied in various other areas, such as education, personal development, and leadership.

The effectiveness of a coaching style depends on various factors, including the context, the goals of the team’s performance, the coaching relationship, and the characteristics of the individuals or teams involved.

The Importance of Coaching Styles in Sports and Business

Coaching styles play a crucial role in both the sports and business realms. In sports, different coaching styles can impact the motivation, performance, and development of athletes.

For example, an autocratic coaching style may be effective when quick decision-making and strict discipline are required, such as in military training or certain individual sports. On the other hand, a democratic coaching style can foster a sense of ownership and teamwork, leading to better collaboration and performance in team sports.

In business, coaching styles can influence employee engagement, productivity, and overall organizational success. A supportive coaching style can create a positive work environment, enhance employee morale, and promote personal and professional growth.

Understanding and using the appropriate coaching style can help coaches establish trust, create a positive learning environment, and effectively support their clients or team members in achieving their desired outcomes.

Coaches need to be flexible and adaptable in their approach, as different individuals or teams may require different coaching styles at different stages of their development.

By being aware of the various coaching styles and their potential impact on performance coaching itself, coaches can enhance their effectiveness and create a positive and empowering coaching experience for their clients or team members.

The Autocratic Coaching Style

The autocratic coaching style, also known as the authoritarian style, is characterized by a coach who takes full control and makes decisions without much input from the athletes or team members. In this rigid coaching style, the coach is the sole authority figure, and their directives must be followed unquestioningly.

Autocratic coaches exhibit several distinct characteristics. They are often assertive, decisive, and dominant in their coaching approach. They set strict guidelines and expect their athletes or team members to adhere to them without question. They provide clear instructions and do not entertain suggestions or feedback from the individuals they are coaching.

While the autocratic coaching style can have advantages, it also has downsides. On the positive side, this style can be effective when quick decisions need to be made and a high level of discipline and structure is required. It can also be suitable when the coach possesses expert knowledge that needs to be transferred efficiently to the athletes or team members.

However, the autocratic leadership style can also have negative consequences. One potential drawback is that it may stifle creativity. When athletes or team members are not allowed to contribute their ideas or suggestions, it limits their ability to think outside the box and find innovative solutions to problems. This lack of creativity can hinder the team’s overall performance and growth.

In addition, the autocratic coaching style can limit individual autonomy. Athletes or team members may feel they have no control over their development or decision-making process. This can lead to a lack of motivation and engagement, as individuals may feel like they are simply following orders rather than actively participating in their growth and success.

Furthermore, the autocratic coaching style can create a hierarchical dynamic within the team. Communication becomes one-way, with the coach dictating instructions and the athletes or team members following them without question. This dynamic can hinder the fostering of strong relationships and trust between the coach and the individuals they are coaching. Without open lines of communication and a sense of mutual respect, the team may struggle to reach its full potential.

In conclusion, while the autocratic coaching style can be effective in certain situations, coaches need to consider the potential drawbacks. Finding a balance between authority and collaboration is crucial for creating an environment that fosters creativity, autonomy, and strong relationships within the team.

The Democratic Coaching Style

A democratic coaching style is a leadership approach that emphasizes collaboration and participation. Unlike the autocratic style of career coaching, where decisions are made solely by the coach, democratic coaches value their athletes’ or team members’ input and opinions. They actively seek their involvement in decision-making processes, creating an inclusive and empowering environment.

Coaches who adopt the democratic leadership coaching style exhibit various characteristics that promote inclusivity and involvement. They encourage open communication, actively listen to their athletes or team members, and consider their perspectives when making decisions. By fostering a supportive and nurturing environment, these coaches ensure that individuals feel valued and empowered.

Traits of Democratic Coaches

Democratic coaches possess unique traits that contribute to their coaching style. One of the key traits is their ability to create a safe space for open communication. By encouraging athletes or team members to express their thoughts and ideas freely, democratic coaches promote a culture of trust and respect.

In addition to creating an open communication environment, democratic coaches are skilled listeners. They actively listen to their athletes or team members, paying attention to their concerns, ideas, and suggestions. By doing so, they show genuine interest and validate the individuals’ perspectives, further fostering a sense of inclusivity.

Furthermore, democratic coaches are known for their ability to involve athletes or team members in decision-making processes. They understand the importance of collective input and actively seek the opinions and ideas of those they coach. By involving individuals in decision-making, democratic coaches create a sense of ownership and commitment among the team, leading to increased motivation and engagement.

Advantages and Disadvantages of the Democratic Style

The democratic coaching style offers several benefits that contribute to the growth and development of athletes or team members. This developmental coaching style fosters a sense of ownership and commitment by involving them in decision-making processes. When individuals feel their opinions are valued and considered, they become more invested in the team’s goals and objectives.

Moreover, the democratic team coaching style promotes creativity, collaboration, and problem-solving skills among the coached individuals. By actively seeking their input, democratic coaches tap into the diverse perspectives and experiences of the team, leading to innovative solutions and a stronger sense of unity.

However, it is important to acknowledge that the democratic style can have limitations in certain situations. One of the potential drawbacks is the time-consuming nature of the decision-making process. Since the democratic style emphasizes consensus and involvement, reaching a high degree of agreement may take longer than an autocratic approach. This can be a challenge when time is of the essence, such as in high-pressure situations or during tight deadlines.

Additionally, if not implemented properly, the democratic approach to bureaucratic coaching may result in confusion or lack of direction. Without clear guidance and structure from the coach, athletes or team members may struggle to understand their roles and responsibilities. Therefore, democratic coaches must balance inclusivity and providing clear guidance to ensure the effective execution of tasks and objectives.

In conclusion, the democratic coaching style promotes collaboration, inclusivity, and involvement among athletes or team members. By valuing their input and actively seeking their involvement, democratic coaches create an empowering environment where individuals feel heard and valued. However, coaches need to be mindful of the potential time-consuming nature of the democratic group coaching style and the need for clear guidance to avoid confusion or lack of direction.

The Holistic Coaching Style

The holistic coaching style takes a holistic approach to coaching, considering the individual’s physical skills and mental, emotional, and spiritual well-being. This style of mindfulness coaching focuses on developing the whole person rather than solely emphasizing performance-related aspects.

Features of Holistic Coaches

Holistic coaches prioritize the overall well-being of their athletes or clients. They promote self-reflection, self-awareness, and personal growth during coaching sessions. They aim to establish a deep understanding of their athletes’ or clients’ values, beliefs, and goals and support them in aligning their actions with their aspirations.

Benefits and Drawbacks of the Holistic Style

The holistic coaching style can have numerous advantages. It can enhance resilience and mental toughness, foster a sense of purpose, and encourage personal development. This style considers the interconnectedness of physical, mental, and emotional aspects and supports athletes or clients in achieving holistic success.

However, the holistic coaching style may not suit all individuals or situations. Some athletes or team members may prefer a more performance-driven coaching approach, focusing primarily on achieving specific goals. Furthermore, the more holistic coach and style may require more time and effort to achieve results, as it involves deeper personal exploration and growth.

The Laissez-faire Coaching Style

The laissez-faire coaching style, sometimes called the hands-off style, involves minimal intervention and direction from the coach. In this style, the coach provides little guidance or structure, allowing the athletes or team members to take charge of their development.

Identifying Laissez-faire Coaches

Laissez-faire coaches adopt a passive approach to intuitive coaching and delegate responsibility to the athletes or team members. They provide minimal feedback or instruction and allow individuals to navigate their development journey independently. These coaches trust in the competence and autonomy of the individuals they are coaching.

Strengths and Weaknesses of the Laissez-faire Style

The laissez-faire coaching style can have certain strengths. It fosters individual autonomy, encourages self-reliance, and promotes decision-making and problem-solving skills. It can be particularly effective when working with highly experienced individuals with high self-motivation and initiative.

However, the laissez-faire style may not be suitable for all situations. It can lead to confusion, lack of direction, and reduced accountability if individuals lack the necessary experience, skills, or motivation to take charge of their development. The life coach needs to assess the readiness and capabilities of the individuals before adopting this style.

Conclusion

In conclusion, exploring different coaching styles brings to light the diversity and impact of coaching approaches. Each coaching style has its unique characteristics, advantages, and considerations. Effective coaches understand the importance of flexibility and adaptability in mindful coaching, tailoring their approach to meet the needs of their athletes or clients.

By understanding the various coaching styles, individuals can select the style of virtual coaching that aligns best with their goals, preferences, and circumstances. Furthermore, coaches can enhance their skills by incorporating elements from different styles and continuously refining their approach to achieve optimal results.

It’s not about finding a “one-size-fits-all” approach but rather about being open-minded, adaptable, and committed to continuous improvement in the coaching process.

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New Beginnings – Waking Giants

Posted on by wakinggiants23

The Lone Leader Weekly

29th Mar 2023

Have The Courage To Go All In

Because the pain of regret is worse than that of failure.

#1. Embrace Failure.

If you don’t try because you are afraid of failure. You lose. But if you try because you might fail, you’ve already won.

#2. Being First Isn’t Important.

Being the last person standing is.

#3. The Truth Hurts. Make It Loud.

When the universe provides you with a lesson, it’s rarely wrong. No matter the pain or the friction. Listen deeply, then act relentlessly.

The fear of the unknown is more traumatic than the unknown itself.

Anxiety is defined as:

‘A feeling of worry, nervousness, or unease about something with an uncertain outcome.’

More importantly, it is a state that we find ourselves in more and more often in life and specifically in business.

If you had seen the relentless posts about AI and Chat gpt 4 on my LinkedIn feed over the past two weeks you would be too scared to leave the house.

It is yet another attack on our sense of calm and control; no matter what your business or skill, you will be replaced in the next three weeks without hope or consolation for your work today.

You will be made cheaper, quicker and better. In fact, there’s every chance your family will replace you with AI, because, well, why not. Thats progress. Hop onboard.

Ok, so I am being a little childish, but I’m probably not far from the truth when it comes to our sense of value and how change affects us, both good and bad.

New beginnings was a thought that came to mind as I spent the weekend packing and emptying our current home so that in a week’s time we can start our new lives.

What prompted the idea for the article was that I found myself getting very sad and nostalgic about the whole process.

Not just the finding of old photos and items that show you a glimpse of the past, but also the reality that there is something big and new on the horizon.

We have spent five years developing our little farm, and it was only last night, as the sun went down, my wife and I stood on the deck and took in all that we have achieved here as a family.

As I held back the tears, there was nothing but pride, but so much of the journey is hard to remember and the deflective statement I keep making that ‘this is only a building’, is ultimately a lie.

Beyond the physical aspects of the property that have seen us invest so much blood, sweat, and tears, there are the experiences that we gained.

A short list includes:

1. Birthing lambs
2. Raising cattle
3. Rescuing a pig
4. Raising pigs for the freezer
5. Learning to hunt
6. Two of Millie’s birthdays in lockdown
7. Planting orchards
8. Raising chickens
9. Our first Golden Retriever litter
10. Becoming ‘horsy’ people

Personally, well that’s another story:

1. Cancer
2. Burnout… at least twice
3. Running my first ultra-marathon
4. Changing my business from what I could do to what I wanted to do
5. Growing my first e-commerce business to $100,000 p/a
6. Reconnecting with my Dad after a long time apart
7. Having to watch my best friend move to the other side of the world
8. Watch a 9-year-old lose the fight to horrendous terminal cancer.

And like I said, twice again as much forgotten.

My anxiety about our new beginning comes from being so grateful for such amazing five years of living a very special and humbling life, a life full of challenges, laughter and tears.

I genuinely thought I would be able to walk away without a glimpse back, but I was wrong. These experiences and these memories are the foundations of the next stage of our lives together, and I should feel them deeply because they have all meant so much.

But here’s the kicker, the new beginnings are about something bigger than this building; these experiences, are about our daughter Millie.

Last year she came to us and said that all we ever did was projects (working on the property) and that we didn’t spend enough time with her.

That hurt. It hurt more because I was an only child, and I know how it feels to be lonely with busy parents.

This whole journey is about a commitment we made to her to ensure that her childhood is full of experiences and memories that, one day, make her proud and shed a tear.

New beginnings with meaning, with purpose outweigh any practical compromises.

Our move will see us change our lives for the better. For each one of us. But mostly that in 20 years, there won’t be resentment of ‘what if’; it will be another chapter in our family book that shows our commitment and values for each other.

These past five years have been hard, with so much energy and sacrifice, but now we see the reward. We are financially secure; we are moving to a place where there is nothing to do but be together and embrace all those things we put to one side.

We have changed our businesses, so there isn’t so much stress in the house, I am more present and available and have the ability to say YES. More.

I know many of my friends and clients are going through change and that there are a lot of new beginnings on the horizon.

Selling a business to be able to spend more time with his kids, a new vision for life after the loss of a property in the cyclone, becoming an international specialist, not just a great vocalist, making physical changes to live a longer life and the ending of a relationship… all changes that come at a cost, full of fear, full of doubt, but you are doing it anyway.

Because your mission is too strong, the pull towards a better future means you have to suffer in the short term to create the long term.

When you have a purpose for your life, when you have something that makes you want to wade through the mud and the shit and still keep going, that’s worth living and fighting for.

The unknown soon becomes the known, which soon becomes life.

Have the courage to step into the darkness; the obstacle is the way.

Until next time. Courage, dear friends, courage.

G.

What next?

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The Essential Elements of a Successful Strategy

Posted on by wakinggiants23

A well-crafted strategy is key to the success and longevity of any organization.

Without a clear roadmap for achieving objectives and goals, businesses risk floundering and ultimately failing.

In this article, we’ll explore the essential elements of a successful strategy, from understanding the strategy’s different core components to crafting a compelling vision and implementing the strategy effectively.

Understanding the Core Components of a Strategy

Before diving into the specifics of strategy development, it’s important to understand the core components that make up a successful strategy. These include setting clear business objectives, identifying key stakeholders, analyzing the competitive landscape, and assessing internal capabilities.

Setting Clear Objectives

Objectives are the foundation of a business strategy and are important to any successful strategy. They provide a clear and measurable target to strive for and act as a guide for decision-making. When setting objectives, it’s important to ensure they are SMART – specific, measurable, achievable, relevant, and time-bound. This helps to keep objectives focused and attainable.

For example, if a company wants to increase its market share, a SMART objective could be to increase market share by 10% within the next six months by expanding into a new market segment.

Identifying Key Stakeholders

Stakeholders are individuals or groups with an interest or stake in the organisation’s success. Identifying key stakeholders and understanding their needs, wants, and expectations is essential to developing a strategy aligned with these needs. This helps to ensure the strategy is supported by those impacted and increases the likelihood of success.

Key stakeholders include customers, employees, shareholders, suppliers, and the community. Understanding the needs and expectations of each group can help companies to develop a strategy that meets the needs of all stakeholders.

Analyzing the Competitive Landscape

Analyzing the competitive landscape helps organizations to understand their position in the market and the threats and opportunities they face. This information can inform strategy development by identifying areas for growth and differentiation and potential challenges that need to be addressed.

The competitive analysis involves identifying competitors, analyzing their strengths and weaknesses, and assessing the potential impact on the organization. This information can be used to develop a successful business strategy that leverages the organization’s strengths and addresses potential weaknesses.

Assessing Internal Capabilities

Assessing internal capabilities involves understanding an organization’s strengths and weaknesses regarding resources, skills, and capacities. This information helps to make business strategies and identify areas where the organization is well-positioned to succeed and where resources or investments may be needed to support strategy implementation.

Internal capabilities can include financial resources, human resources, technology, other services and organizational structure. Understanding these capabilities can help to develop a strategy that leverages existing strengths and addresses potential weaknesses.

For example, if a company wants to expand into a new market segment or competitive industry, it may need to assess its financial resources to determine if it has the funds to support the expansion. It may also need to assess its human resources to determine if it has the necessary skills and expertise to succeed in the new market.

Crafting a Compelling Vision and Mission

With a strong understanding of the core components of a successful strategy, organizations can move on to crafting a vision and mission that inspires and motivates stakeholders to work towards shared goals. This section explores the key elements of a compelling vision and mission.

Defining Your Organization’s Purpose

Defining an organization’s purpose involves articulating the fundamental reason for its existence. This helps to align stakeholders around a shared goal and provides a guiding principle for decision-making. Purpose-driven organizations are more likely to be successful long-term, as they are focused on a higher goal than just profit or growth.

For example, a nonprofit organization focused on environmental conservation might have a purpose statement: “To preserve and protect the natural world for future generations and to promote sustainable practices that benefit both people and the planet.”

By defining a clear purpose, the organization can attract like-minded stakeholders who are passionate about the same cause and can work together towards achieving a common goal.

Aligning Values and Culture

Values are an organisation’s guiding principles, and culture is how these values are expressed and lived. Aligning values and culture ensures stakeholders are motivated and engaged in achieving the organization’s objectives. An aligned culture fosters a sense of shared purpose and helps to create a positive and productive work environment.

For example, if an organization values transparency and collaboration, it should foster a culture that encourages open communication and teamwork. This can be achieved through regular team-building activities, open-door policies, and a focus on recognizing and rewarding collaborative behaviours.

By strategically aligning values and culture, organizations can create a sense of unity and purpose among stakeholders, leading to increased motivation and productivity.

Communicating the Vision to Stakeholders

Communicating the vision to stakeholders ensures they are aligned and motivated to work towards a shared goal. This involves crafting a clear and compelling narrative that speaks to stakeholders’ aspirations and core values and highlights the benefits of achieving the vision. Clear communication builds trust and buy-in and helps to align stakeholders around a shared purpose.

One effective way to communicate the vision is through storytelling. Sharing stories of how the organization has positively impacted stakeholders or achieved its goals can inspire others to get involved and work towards the same outcomes. Additionally, using visual aids such as infographics or videos can help to make the vision more tangible and engaging.

Effective communication of the vision can help create a sense of urgency and excitement among stakeholders and motivate them to take action towards achieving the organization’s goals.

Developing a Robust Strategic Framework

A compelling vision and mission provide direction and inspiration, but without a robust strategic framework, they will fail to deliver results. This section explores the key elements of a strategic plan and framework supporting long-term goals.

Establishing Long-term Goals

Long-term goals provide a roadmap for achieving the vision and mission of own company over an extended period. They help to keep strategy development focused and ensure that initiatives are aligned with the organization’s purpose. Long-term goals should be aligned with the core components of the strategy and should be specific, measurable, achievable, relevant, and time-bound.

For example, a company may aim to increase its market share by 10% over the next five years. This goal is specific because it outlines a clear objective, measurable because it has a quantifiable outcome, achievable because it is realistic, relevant because it is aligned with the company’s overall business strategy, and time-bound because it has a set deadline for completion.

Prioritizing Initiatives and Resources

With long-term goals, organizations can prioritize initiatives and allocate resources to support their achievement. This involves identifying the most critical initiatives that will help to move the organization closer to its goals and allocating resources, such as funding, staffing, and technology, accordingly. Prioritization helps to ensure that resources are focused on the most important initiatives and that progress is made towards long-term goals.

For example, a company may prioritize initiatives focusing on improving customer satisfaction, which is critical to achieving its long-term goal of increasing market share. They may allocate resources towards training employees in customer service, investing in technology to improve customer experience, and conducting market research to understand customer needs better.

Creating a Roadmap for Execution

The roadmap for execution provides a detailed plan for achieving long-term goals. This includes timelines, milestones, and key performance indicators (KPIs) that measure progress towards objectives. The roadmap should be flexible enough to adapt to changing circumstances but detailed enough to provide a clear path forward. A detailed roadmap helps to keep the organization on track and accountable for achieving its objectives.

For example, the business leader of a company may create a roadmap that outlines specific initiatives and timelines for achieving their long-term goal of increasing market share. They may set milestones for each initiative, such as launching a new product or service, and establish KPIs to measure progress towards their goals, such as customer retention rates and sales figures.

Overall, a robust strategic framework is essential for achieving long-term goals and ensuring the success of an organization. By establishing clear long-term goals, prioritizing initiatives and resources, and creating a detailed roadmap for the execution of effective business strategy, organizations can stay focused, accountable, and on track towards achieving their vision and mission.

Implementing the Strategy Effectively

The final piece of the puzzle is implementing the strategy effectively. This involves assigning roles and responsibilities, establishing performance metrics, monitoring progress towards objectives, and more.

Assigning Roles and Responsibilities

Assigning roles and responsibilities is key to ensuring that the right people are involved in executing the strategy. This involves identifying the skills and capabilities needed to achieve objectives and assigning tasks and responsibilities accordingly. Clear roles and responsibilities help to ensure accountability and prevent duplication of effort.

When assigning roles and responsibilities, it’s important to consider the strengths and weaknesses of team members. This helps ensure that individuals are assigned tasks that align with their capabilities, leading to greater job satisfaction and productivity.

Additionally, it’s important to communicate expectations clearly to team members to avoid confusion and ensure everyone is on the same page.

Establishing Performance Metrics

Establishing performance metrics involves identifying KPIs that measure progress towards objectives. This provides insight into whether initiatives are on track and areas where adjustments may be needed. Performance metrics should be aligned with long-term goals and tracked regularly to monitor progress.

When establishing performance metrics, it’s important to consider quantitative and qualitative measures. Quantitative measures, such as revenue growth or customer acquisition, provide concrete data that can be tracked over time. Qualitative measures, such as customer satisfaction or employee engagement, provide insight into the less tangible aspects of the strategy’s success.

By considering both measures, organizations can gain a more well-rounded understanding of their progress towards objectives.

Monitoring Progress and Making Adjustments

Finally, monitoring progress towards objectives and adjusting as needed is crucial to ensuring the strategy’s success. This involves regularly reviewing performance metrics, identifying areas where adjustments may be needed, and implementing changes to ensure progress towards objectives. A continuous improvement mindset is a good business strategy and helps ensure the strategy remains relevant and effective over time.

When monitoring progress and making adjustments, involving all stakeholders is important. This includes team members, customers, and other relevant parties. By soliciting feedback and input from various sources, organizations can gain a more well-rounded perspective on their progress and identify areas where improvements can be made.

Implementing a strategy effectively requires careful planning, clear communication, and a commitment to continuous improvement. Organizations can achieve their objectives and drive long-term success by following these steps and remaining flexible in facing challenges.

Conclusion

In conclusion, the essential elements of a successful strategy include understanding the organization’s core values and components, crafting a compelling vision and mission, developing a robust strategic framework, and implementing the strategy effectively.

By focusing on these key elements, organizations can develop strategies that inspire and motivate stakeholders and deliver results over the long term.

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Why A Business Mentor Can Help You Grow

Posted on by wakinggiants23

Starting and growing a business can be daunting, but having a mentor can make all the difference.

A mentor has experience in your industry, has faced similar challenges to yours, and is willing to share their expertise and insights with you.

In this article, we’ll explore the importance of having a business mentor, identifying the right mentor for your business, and building a successful mentor-mentee relationship to help you grow your business.

The importance of having a business mentor

Many successful entrepreneurs credit their team of mentors for helping them achieve their goals and for good reason. A mentor can provide valuable insights and advice, expand your professional network, and enhance your problem-solving skills.

Gaining valuable insights and advice

One of the biggest benefits of having a mentor is gaining access to their knowledge and expertise. A mentor can share their experiences, industry knowledge and lessons learned and help you navigate challenging times. They can also guide you in approaching specific business situations and help you make informed decisions.

For example, let’s say you’re in business mentoring an entrepreneur just starting in the retail industry. Your mentor, who has years of experience in the same industry, can provide you with valuable insights on how to source products, negotiate with suppliers, and price your products competitively.

They can also advise you on creating an effective marketing strategy and managing your company and finances.

Expanding your professional network

A mentor can also open doors to new opportunities, services and connections. They can introduce you to potential clients, partners, investors, and other industry experts. Expanding your community and professional network gives you access to a wider pool of resources and insights, which can help you grow your business.

For instance, your mentor may introduce you to a potential investor interested in your business. This can lead to a partnership to help you secure funding and bring your business to the next level.

Or, they may introduce you to a client looking for a service provider with the exact product or service you offer, which can help you increase your revenue and expand your customer base.

Enhancing your problem-solving skills

A mentor can also help you improve your problem-solving skills by providing an outside perspective on your business. They may identify blind spots or missed issues and provide alternative solutions you may not have considered. Working through challenges with your mentor will make you a more effective problem solver.

For example, let’s say you’re facing a challenge in your business and are unsure how to approach it. Your mentor can help you identify the root cause of the problem and brainstorm potential solutions. They can also help you evaluate the pros and cons of each solution and choose the one that is most likely to succeed.

In conclusion, having a business mentor can be incredibly beneficial for entrepreneurs, especially those just starting. A mentor can provide valuable insights and advice, expand your professional network, and enhance your problem-solving skills. If you want to grow your business and achieve your goals, consider finding a mentor who can also guide you on your business journey.

Identifying the right mentor for your business

Now that you understand the benefits of having a mentor, the next step is identifying the right mentor for the right direction of your business. Here are some key considerations to keep in mind.

Assessing your needs and goals

Before you search for a mentor, it’s important to identify specific needs and what you hope to gain from the mentorship. Do you need help with a specific challenge, or are you seeking general guidance on growing your business? Understanding your needs and goals will help you find a mentor to meet your expectations.

For example, if you’re a startup founder who’s struggling to secure funding, you may want to look for a mentor who has experience in fundraising and can help you navigate the world of investors and venture capitalists.

On the other hand, if you’re a small business owner looking to expand into new markets, you may want to find a mentor with experience in international business who can guide navigating cultural differences and local regulations.

Finding a mentor with relevant experience

Look for a mentor who has experience in your industry or has other business owners who faced similar challenges to yours. This will ensure they have the expertise to help you grow your business. You can find potential mentors through industry associations, businesses, networking events, or online mentorship platforms.

Don’t be afraid to think outside the box when looking for a mentor.

For example, if you’re a tech startup founder, you may consider contacting a mentor with experience in a related field, such as marketing or product development. They may be able to provide valuable insights and perspectives that you wouldn’t get from someone with a more traditional tech background.

Establishing a strong personal connection

Finding a mentor, you respect and trust and shares your values and vision for your business is important. You should feel comfortable sharing your challenges and goals with your mentor, who should be invested in supporting your success.

When meeting with potential small business owners and mentors first, take the time to get to know them personally. Ask about their background and experiences, and share your story and goals. This will help you build a rapport and establish a strong personal connection.

Remember, mentorship is a two-way street. While your mentor should be invested in your success, you should also be willing to put in the effort and take their advice to heart. With the right mentor, you can take your business to the next level and achieve your goals.

Building a successful mentor-mentee relationship

Once you’ve found the right mentor, establishing clear expectations and objectives, maintaining open and honest communication, and embracing feedback and constructive criticism are key to a successful mentor-mentee relationship.

Having a mentor can be a game-changer for your business. A mentor can offer guidance, support, and a fresh perspective on your ideas. They can help you navigate difficult decisions and provide valuable insights you might not have considered. But building a successful mentor-mentee relationship takes work on both sides.

Setting clear expectations and objectives

At the start of your mentorship, outline your goals and expectations for the relationship. Discuss how often you’ll meet, how you’ll communicate, and your priorities. This will ensure that you and your mentor are on the same page and aligned with your objectives.

Being specific about what you hope to achieve from the mentorship is important. Are you looking for help with a specific project or challenge? Do you want to learn more about a particular aspect of the business? Be clear about your goals so your mentor can provide the right support, business advice, and guidance.

Maintaining open and honest communication

Communication is crucial to building a strong mentor-mentee relationship. Be transparent about your challenges and successes, and be open to your mentor’s feedback and advice. Regularly check in with your mentor to discuss your progress and any new developments in your business.

Remember that your mentor is there to help you, not judge you. Don’t be afraid to ask for help or admit when struggling. Your mentor has likely been in your shoes before and can offer valuable insights and advice based on their experiences.

Embracing feedback and constructive criticism

Your mentor’s feedback and constructive criticism can be invaluable in helping you grow your business. Be open to their suggestions and be willing to make changes based on their advice. Remember that your mentor has your best interests in mind, and their guidance can help you achieve your goals.

It’s important to approach feedback with an open mind and a willingness to learn. Don’t take criticism personally; instead, use it as an opportunity to improve and grow. Remember that your mentor is invested in your success and wants to see you thrive.

Building a successful mentor-mentee relationship takes time, effort, and a willingness to learn and grow. With clear expectations, open communication, and a willingness to embrace constructive feedback often, you can create a strong and supportive relationship with your mentor to help you achieve your business goals.

Measuring the Impact of Mentorship on your business growth

Starting and growing a business can be a challenging and lonely journey. As an entrepreneur, you may have to make critical decisions that can impact the future of your business. Having a mentor can help you navigate these challenges and provide you with valuable insights, business support, mentoring, and advice.

However, it’s not enough to have a mentor. To truly benefit from mentorship, you need to build a successful mentor-mentee relationship and measure the impact of your mentorship on your business growth.

Identifying the Right mentor

The first step in building a successful mentor-mentee relationship is identifying the right mentor. Look for someone with experience in your business and growing your industry who understands your business challenges and shares your values and goals.

Don’t be afraid to reach out to potential mentors and ask for their guidance. Many successful entrepreneurs and small businesses are willing to help others and pay it forward.

Building a successful mentor-mentee relationship

Building a successful mentor-mentee relationship is important once you’ve identified a potential mentor. This means being open and honest about your business challenges, listening to your mentor or mentoring’s advice, and being willing to learn and grow.

Remember that mentorship is a two-way street. While your mentor can provide valuable insights and advice, you also have a unique perspective to benefit your mentor.

Measuring the Impact of Mentorship

Finally, it’s important to measure the impact of your mentorship on your business growth. Here are some key metrics to track:

Tracking key performance indicators (KPIs)

Track your performance indicators, such as revenue growth, customer acquisition, and profit margins. This will help you measure the impact of your mentorship on your bottom line and adjust your strategy accordingly.

Evaluating personal and professional development

Assess your personal and professional development throughout your mentorship. Are you growing as a leader? Have you developed new skills, such as negotiation or marketing? Reflecting on your growth can help you understand the impact of your mentorship on your personal and professional development.

Adapting and evolving with your mentor’s guidance

Remember that mentorship is dynamic; your mentor’s guidance may evolve as your business grows. Be open to adapting your strategy based on your mentor’s advice, and continue to invest in your mentorship to achieve your goals.

In conclusion, having a business mentor can help you grow your business by providing valuable insights and advice, expanding your professional network, and enhancing your problem-solving skills.

By identifying the right mentor, building a successful mentor-mentee relationship, and measuring the impact of your mentorship, you’ll be well on your way to achieving your business goals.

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Are you struggling to focus on your business and make progress?

Posted on by wakinggiants23

Are you struggling to focus on your business and make progress? Feeling like you are going it alone? What if, for just 2 hours, I could make that all go away?

It’s hard to take time out of your business, I get it, but that’s not an excuse not to do it. We know that time away from a task triggers your brain to solve the issue. So imagine you are stuck in your business day in and day out, and the frustrations just compound, and guess what? They don’t improve unless you break the cycle.

However, when immersed in day-to-day operations, finding the time and clarity to focus on strategic initiatives can be challenging. That’s where I come in.

Turning Frustration Into Progress

By removing yourself from your business with a new, unemotive voice, you will gain insights that would take months from spending the odd minute here and there. I can take you from frustration to clarity, action, and results in just two hours. Simply put progress.

Focus on What’s Most Important: Overwhelm and time are a curse to a business owner, so I’ll take that away by identifying the number one thing you need to focus on right now. Not 10, one thing that will make a difference.

Action Planning for Tangible Results: Now you know what’s most important, you need to know how to do something about it. I’ll help you develop a 30-day plan that helps you focus on the core goal and outline the steps and resources required.

Give you the Confidence to Execute: Fear of failure is the killer blow when it comes to making progress, so I will help you overcome that fear so you can get on and make the changes you need to change.

Measuring Success: Not all goals are equal. So measuring progress will be critical. You don’t need 300 KPIs to know you are making progress, just 1-3 key metrics you can manage daily to know you are moving forward.

Why get help to Focus on your Business?

Proven Track Record of Success: A solid track record of helping leaders achieve remarkable growth and navigate complex challenges. A wealth of experience across various industries enables me to provide tailored solutions that address your unique needs. Allow my expertise to guide your business towards strategic success.

Customized Approach for Your Business: Understanding that every business is different and has no one-size-fits-all solution. That’s why I take a personalized approach to strategy implementation. I take the time to understand your business, its goals, resources, and constraints, ensuring that my strategies and action plans are tailored specifically to your needs.

Expert Guidance and Ongoing Support: As your dedicated partner, I’m committed to your success. Providing ongoing guidance and support throughout the implementation process. Always available to answer your questions, provide insights, and help you overcome obstacles. Count on me to be there when you need me the most.

Results-Driven Focus: My ultimate goal is to drive tangible results for your business. Whether it’s increasing revenue, expanding market share, optimizing operations, or achieving any other strategic objective, I’m focused on delivering outcomes that exceed your expectations. I measure my success by the success of your business.

  • Genuine capability to see the bigger picture

  • Ability to see the small wins quickly

  • Focus on game-changing strategies not BAU

  • Translate talk into action

  • Use multiple industry experiences to innovate

The Benefits of Working with me to Focus YOUR Business

Using an accountability partner can provide several benefits, such as:

Improved collaboration and communication: It can help to break down communication barriers and foster collaboration, leading to increased engagement and better problem-solving.

Increased efficiency: It can ensure that goal gets out of your head and into action, making the most of the time available and achieving the desired outcomes efficiently.

Enhanced creativity and innovation: It can inspire creative thinking and promote innovative solutions to complex problems by creating a safe and inclusive environment that means you won’t be judged.

Clearer decision-making: It can help you to reach a decision without the fear of going it alone. And yes, I will tell you if your idea is shit. We all need that now and then.

Greater accountability: It can ensure that you are responsible for achieving the strategic objectives, creating a sense of accountability and ownership that can lead to better outcomes.

Why work with me?

In the past several years, I have worked across various industries going through massive change, staff shortages, logistics, culture, long-term planning and brand strategy, all of which were left until they became critical.

Imagine taking that idea that you are too busy to execute and working with me to make it happen.

The most recent accountability partnerships I have delivered include the following:

  • Solving a $16m inventory issue.

    This engagement was focused on bringing a senior leadership team of a $1b company together to refocus on their key issue, inventory. Due to the changes in shipping and customer needs post-COVID, there was a critical need to unlock this capital and reduce risk. Through a focused process, I was able to use their resource to unlock their challenges and identify three key strategies to solve the issue in 60 days.

  • Planning For Exit

    Working with a small, privately owned market leader and their senior team to explore growth strategies for the next three years. Key areas included increased optimisation through technology, development of key roles and core market growth. But as we were developing this strategy, there was an exit approach that aligned with my client’s needs. Over the coming 6 months, I was able to support the owner in the development of the exit strategy, alignment of the team and deliver the exit opportunity within 12 months.

  • Creating a $3m lift in revenue with no new resources.

    An international logistics company was struggling to align one of its territories, management and revenue to meet the potential we knew they had. Over 6 months I helped to develop the strategy and the implementation of that strategy only using the team they had in place. The first goal was to find the core objective, then align the resources and finally track progress. At the end of the piece of work we were able to deliver $1m revenue above the planned objective.

Each 2-hour session can be booked ad hoc with a minimum of 3 days’ notice, pending availability. Each session is an investment of $600 plus GST. They can be in person in Auckland, or on Teams if preferred and if you are based outside Auckland.

*All contracts are made with the strictest confidence in place. No critical data will be shared outside of our relationship. A fixed-cost plan will be provided for the duration of the engagement.

Having great ideas are one thing, but when you have so much doubt they rarely see the light of day.

Are you ready to get the support you need? Get In Touch:

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Some Days Are Too Hard – Waking Giants

Posted on by wakinggiants23

The Lone Leader Weekly

21st June 2023

Sometimes It’s All Too Hard

That doesn’t mean you have failed.

#1. You Don’t Get To Quit.

But you do get to set expectations for you what you want.

#2. You Don’t Need To Quit.

You need to go easier on yourself.

#3. You Don’t Want To Quit.

Because you know it’s just an off day, and we all have them.

Accept Not All Days Will Be Great.

I don’t want to be Debbie Downer or Negative Nigel, but some days it does just feel like it’s all too hard!

Don’t you agree?

We have a good night’s sleep.

The Gin is tucked away in the cupboard, unopened.

We walked the dog.

Got our exercise.

We even said hello to our neighbour.

But it feels like you just want to go back to bed and reset.

I’m here to say that is 100%, in fact, its 200% (yes, that’s a real number!), OK!

We put so much pressure on ourselves as leaders to be on our game, sharp and giving everything, yet we are still human, and humans are NEVER 100% every single day.

Society creates a narrative of pressure that is pure torture.

Women can have it all, good mums, CEOs, balanced health and are expected to never age.

Men are to be strong, but not too strong, not cry or buckle and to take the blame for the things they can’t control.

Sorry to use these stereotypical insights, but we are all battling against so many expectations that we have not set for ourselves, and it’s plain exhausting.

So rather than complicate it, here are my five tips to have a better day and make progress.

  1. Write everything down that needs doing and do one thing. One tiny thing.
  2. Don’t work. I mean it. F**k, work off and take a break. You’re the boss. You earned it.
  3. DO NOT compare your progress to that of others.
  4. Call a mate or speak to your partner and say I am just not in a good space today. A hug heals a lot.
  5. Tomorrow will be different. You know it will. Trust the process.

And one final note from me.

Writing this today comes from the heart. I feel flat, uninspired and alone.

But I walked the dogs with my wife, knocked over some small tasks on my list, and knew that NO MATTER WHAT, I would write this because this is meaningful, and I am clear on that expectation of myself.

Until next week. Be a little kinder to yourself.

G.

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