Exploring Business Ownership – Craft Your Reason to Be in Business (Part 3 of 7)

We’re exploring the ins and outs of business ownership for wannabe business owners who are considering taking the plunge. In part 2 we decided that a good definition of a successful business is…

A self-sustaining entity that allows you to achieve your lifestyle goals.

Defining Your Lifestyle Goals

What lifestyle do you want your business to provide? As I shared in part 1, some people fantasize that business ownership will allow them to be waited on hand-and-foot on the French Rivera, which I refer to as “gentleman farmer’s syndrome.” Fair warning: Maybe you can achieve that goal after retirement, but failing to actively oversee your business while you own it means your business will almost certainly fail!

Even big business is not immune from this fact of life. A good example is Lee Iacocca when he moved from the #2 spot at Ford to assume the chairmanship of Chrysler Corporation. He first focused on rescuing the troubled automaker by bringing out the K car (remember the K cars?) and introducing the mini-van (originally a Ford concept that Ford didn’t feel there was a market for). His efforts were successful and Chrysler was able to pay back their government loan in full, ahead of schedule. In fact, the federal government actually made money from the first Chrysler bailout.

But even a corporation as large and talented as Chrysler suffered while he was later distracted in the 1980’s by traveling to raise funds to restore the Statue of Liberty. Chrysler lost market share during that period that it never regained. Without the captain guiding the ship it wandered off course and again required a huge effort to just avoid disaster.

Get rid of any visions (hallucinations?) that you have of creating a business that would support a gentleman farmer’s lifestyle. It’s the road to financial disaster. Successful businesses always have active owner involvement and oversight.

Your Goals May Change

In reality, lifestyle goals vary widely and may change over time. Some may want to make huge sums of money, but others might place a higher priority on having a flexible work schedule, or not having to work backshift or weekends or holidays. Still others really desire a business that creates intellectual stimulation (think Steve Jobs of Apple Computer) or positions them in the spotlight as a community leader. And others might want control of their calendar so they can be at Parents to Lunch with their elementary school child or be able to ramp down their calendar during the summer months when the kids are out of school.

The point is that you may value one or more of these attributes above making large sums of money. Craft YOUR reason for wanting to be in business. Don’t simply adopt someone else’s.

Still have the “itch?” Employees, franchise owners, and entrepreneurs all think differently. In part 4 we’ll explore how employees think differently from business owners.

The Chronicles of Narnia: Discover To Be Enslaved To Business Ownership Vision Instead of Details

In The Chronicles of Narnia: The Voyage of the Dawn Treader, Prince Caspian and his sea-fairing crew members, found themselves on an island where slave traders took control of the island and its Narnian inhabitants. It appeared that the communities could have fought back; however, they somehow chose not to fight back because fear had set in and it made them weak.

Maybe they just didn’t have ample means and were too weak to rise victorious if they were to retaliate. Obviously, the inhabitants were “enslaved” by the fear the slave traders created in them. Retaliation didn’t happen at first. Partly, because they were frightened that their loved ones would be taken away by the evil, green mist as a “sacrifice-of-sorts.”

Green mist or not, the Narnian community needed courage to envision that they could be free from the slavery and destructive influence of the traders. Although, having the Prince and others helping lead the way, envisioning the idea of freedom was needed to guide their actions, not fear!

My Challenge For You Today

My challenge for you today is to become a “slave,” enslaved, to your Vision instead of being in bondage with the details of your business. Being legally blind, I find dealing with the “details” of my business to be most challenging. Therefore, I strive daily to take responsibility for my attitude, adapting, and actions.

So, what are some steps that will help you become enslaved to a powerful Vision instead of being a slave to details with business ownership?

Possess a Positive and Constructive Attitude

One step to discover your vision for business ownership is to Possess a Positive and Constructive Attitude. Keep an open mind to legit opportunities that may present themselves to you. A positive attitude will help you become more decisive and open to change. Realize that in business it’s 95% about attitude and 5% about details and a negative attitude can have an adverse affect on your success as an Entrepreneur and business owner.

While striving to keep a positive attitude, you’ll discover that obstacles will stand in your way, trying to enslave you to “details” and placing you in the bondage of fear. And with fear, the vision will perish. And without a vision, freedom for your future will perish!

Taking Personal Responsibility

Another step to discover your vision for business ownership is to Take Personal Responsibility for your choices and actions. Since your life is a sum of your choices and actions (for me, divine intervention plays a part), you can’t wait for someone else to “take charge” of your life. You have to make that choice and I have to make that choice. My choice was made at age 7.

Knowing Your Passion and Why

Another step to discover your vision for business ownership is to Know What Your Passion IS As Well As Your Why. What are you really passionate about? What drives you to wake up every morning to do what you do? Finding that passion and knowing why you are passionate can help save you a great deal of heartache.

Most business owners know “what” they do and “how” they do it. Yet, seldom do they know “why” they do what they do. It’s easier to place in a vision statement that you “provide solutions for marketing by offering turn-key systems and training,” then it is to state WHY you provide solutions and training. Once you discover your passion and know why you’re passionate, you’ll find that your vision solidifies and the “details” take less of affect on your life.

Properly Develop Vision

Probably the most vital step discover your vision for business ownership is to have a Properly Developed Vision that…

  • Attracts People of the Same Mindset and Goals
  • Builds Respect and Loyalty for Cultivating Positive Relationships
  • Calculates the Risks Involved
  • Communicates Your WHY and Purpose
  • Defines What It Means To Become Successful
  • Emphasizes the Importance of Giving
  • Identifies Your Passion(s) Based on Your Gifts and Talents

Secret Discovered

I find that possessing a positive and constructive attitude is taking responsibility for my own decisions and actions because I know my WHY and I have developed a unique vision that’s right for me, my business, and for my life.

Business ownership and becoming an Entrepreneur doesn’t have to be a difficult decision, just a well-thought out, wise decision that’s been established by facts, due diligence, and integrity. Nonetheless, business ownership does need to be a decision that’s right for you.

My decision to become an Entrepreneur and vision is to Inspire Abundant Awareness so people can experience true freedom for their lives. Like the communities in The Chronicles of Narnia: The Voyage of the Dawn Treader, you don’t have to be afraid. Just make the choice!

The Chronicles of Narnia: Discover People Can Be a Distracting Nuisance To Business Ownership

In watching The Chronicles of Narnia: The Voyage of the Dawn Treader, I quickly discovered that Eustace was a uncooperative nuisance and a continual party-crasher. A real bummer! Same for business ownership. There will be people who are a huge nuisance and you don’t want to be around them because they become a huge distraction, bring you down, and is bad for business.

For most business owners, they can’t stand to be around nuisance. Nuisance people tend to be negative, demeaning, lazy, and it’s unattractive…INSIDE. Now, I’m not saying you have to hang around negative people or even like them. On the contrary, you need to develop Positive Relationships and cultivating these type of friendships takes hard work and trust.

People Can Change If They Choose To

What I am saying though is that, given the right situation, knowledge, environment, and opportunity, nuisance-prone people can learn to change if they choose to. That’s just it…they have to WANT to make their lives better. We can’t accomplish this task for them.

People who decide to take the necessary steps for personal development and growth, realize that they genuinely can live positive, productive, and “attractive” lives. Have you ever been around a person, especially for me, it’s usually a female, who has a very profane and vulgar mouth? One who seems to use expletives every single word?

NOT VERY pretty, is it?

Caring and Encouraging Positive Action

Like Eustace in The Chronicles of Narnia: The Voyage of the Dawn Treader, some people just need some encouragement to become better human beings. Some need the knowledge to know better. I’m partial to this, however, because I believe there’s some “common sense” when it comes to behavior modification and breaking “bad habits”.

People, annoying, nuisance-prone people, need to know that someone cares about them, believes in them, and is willing to invest their time to help the “subject” discover that they can become more than what they currently are. In the scope of business ownership, this awareness is vital for any business to grow substantially with any value.

Usually speaking, Positive Changes in a person’s life takes Positive Action and doesn’t happen overnight. Especially, since bad habits have taken, sometimes, years to develop. It shouldn’t be expected to get a person who’s a nuisance to you and your business to change right away.

Nonetheless, with effort, determination, perseverance, knowledge, and taking action, positive and valuable results can exist!

It may take some time. Yet, it CAN happen.

Meeting Nuisance Head-On

So, what can one do? Well, I believe that we need to encourage those willing to change and leave behind anyone willing to remain belligerent, a nuisance, apathetic, lazy, who desires just to live a mediocre life. Not much you can do for them anyhow!

In the space of business ownership and entrepreneurship, meeting nuisance head-on can be a creative way to cultivate your patience. Invite these types of challenges, annoying customers, and see it as an opportunity to develop your personal growth.

How can you help? Below are 3 ways to help an annoying, nuisance-prone person break the “annoying,” sometimes destructive habits.

1. Help Them Identify When the Habit Appears Most Prominently

Conscience awareness is vital to identify when a bad habit appears. Often, habits appear just like clock-work, without much thought. It’s on the sub-conscience level that a solution becomes more challenging. There’s hope, though. I say that the bigger the challenge or obstacle, the more glory there is in overcoming it.

2. Help Them Define How Much Control They Have Over the Habit

Everyone wants control! Mostly, people with nuisance and bad habits just don’t know HOW to control themselves. No self-discipline. It becomes essential, especially in a business ownership situation, to gain control when circumstances get out of control. Someone who truly leads will be able to discern when they need to “jump in” and take control of an annoying customer or employee.

3. Help Them To Break the Habit By Replacing It With a Less-Annoying Habit

This is easier said than done, I know. Nonetheless, it’s better to replace a bad, sometimes destructive habit, with a lesser one because this allows them “space” to work through their behavior modification processes more effectively.

In my opinion, I’d rather see a person bite their nails than have them constantly interjecting their words by disrupting the conversation when I’m speaking.

Everyone reading this probably has been guilty of interrupting someone when they’re talking.

Most importantly, be patient and do your best to show grace and compassion when dealing with a nuisance. Show kindness, gentleness, self-control, and humility. Often times, if none of this works to help them, you just have to ignore the person and move on with your business and life!

Secret Discovered

Whether in a business ownership or merely in life, you’ll soon discover that people can, and will, be a distracting nuisance. They WILL exist. It’s a part of life. Fortunately, people can change if they choose to. As Servants and those who Lead, we are entrusted to lead by example and illustrate what it means to be overcome bad habits and to live positive, productive, and attractive lives.

In The Chronicles of Narnia: The Voyage of the Dawn Treader, you’ll notice that Eustace realized his annoying behavior and how he had become a “royal” nuisance to everyone. It took great deal of encouragement, grace, and patience to have Eustace turn around from his actions. Eustace made such a turn around, that his actions influenced C. L. Lewis’ next 2 The Chronicles of Narnia books.

Do you suppose you could help someone overcome their bad habits? If so, how do you suppose helping someone if you’ve got to conquered your own bad habits? Once you do become victorious, how will this “defeat” cultivate you into a better, more courageous person?