If you have ever read John Maxwell’s book, The 15 Invaluable Laws of Growth, you may remember his chapter on the Law of the Ladder. Because I am a fitness pro, I often witness personal trainers make errors by focusing on things like certifications and new machines and gadgets to grow their business rather than focusing on business and leadership.
The truth is that many trainers spend ninety five percent of their time increasing their skills as a trainer (during my first five years, I did this too). This is okay if you are not in business for yourself and are instead working for someone else. But if you do own you own business, this focus will not help you to gain income.
There is a better way to increase your income than by spending more and more hours working on the floor, earning low wages and seeing very little of your family and friends. The solution is the Law of the Ladder. To begin with, answer this question: in what areas of your business have you focused on the most? Training skills or leadership qualities?
Think about how much money you have spent over the last twelve months on equipment and certifications and stack that up against the money you have spent on personal growth and learning more about business. What do the numbers tell you when you calculate your return on investment?
You may realize that your income is not very high because you are focusing on the wrong areas in your career. Your time and money may not be working for you because you are spending it on certificates and machines rather than on learning to run a business.
From this moment determine how to shift your focus by adding time, money, and attention to the things that will make it grow bigger than any certification or product ever will- which is an investment in your personal growth and your inner circle. I know when I started switching my investment dollars to personal growth and my masterminds, my income went through the roof.
Improve Your Business With The Law Of The Ladder
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Strong leadership skills are paramount to creating an effective team and leading an organization to greatness. If you are looking to develop your own skills in order to become such a strong leader, look no further than this article. Here we will provide you with a bevy of information that can enhance your leadership capabilities and help to lead you to new heights in the business world.
While you should always be there for your team as a leader, don’t forget to nurture growth in yourself. Figure out where it is that you want to grow. Do what you can to stretch yourself as much as you can. Engage and deepen your passions and strengths to make your most valuable contributions.
Learn your employees’ names. A great leader takes the time to learn the names of his or her most immediate staff, and even the names of the top performers under them. It shows them that you care enough about them to know them not just as a worker, but as a real person.
Spend more time in the office than out of it. It may be exciting to travel everywhere that you can, but suitcase leadership doesn’t really inspire the teams back at the main office. If you find yourself traveling more than half the time, then you can be sure your employees aren’t seeing you as their leader. They need to see you there.
Don’t fear failing. Failing is something that many great leaders have done, and it has only spurred them on to greater victories. If you fear failure, you may be afraid to act boldly, which is the only way for a leader to act. If you fail at something, use it to help you change directions.
Reward great work. It may be tempting to be a slave to the bottom line, but you’d be amazed what a few rewards can do to help productivity. These rewards don’t have to be big. A bagel breakfast or gift certificates for a team work quite well. The gesture shows that you care, and good leaders really do.
Don’t micromanage. Leaders don’t do all the work. They inspire and train others to make decisions with confidence. If you are always nitpicking on things and doing it yourself, then you’re sending a signal to your employees that you really don’t want their help. That’s not leadership at all. Take a step back and figure out how you can inspire your employees to make the right decisions.
If you are looking to create or enhance a great organization, you must first become a great leader. Taking the time to learn more about leadership will benefit you, and that is where this article comes in. We have provided you with some excellent skills that will enhance your capacity as leader. Reread them, and use them to benefit your personal growth, as well as your team.
Have Business Leadership Questions? Get Answers Here
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A lot of people are looking forward to the time that they will start up a business of their own. This is surely a good way of putting food into the family table without worrying about whether they will be able to eat the next day or not. Out of the many opportunities that they can use, they should consider starting up a company for legal counseling Royal Oak Michigan.
As lucrative as it may sound, remember that starting a business is not an easy feat. There are things that one will have to do. There are also requirements that must be complied to in order to keep the business running. Not only that, the person should make sure to continuously satisfy the company’s customer to make things work out.
In order to provide good customer service, the owner of the business himself should already have an idea on what the service is all about and how it should be provided. This is the basis of proper management, after all. If the person does not have any experience in this, having someone nearby who specializes in this business will help a lot.
The business will take off safely if the person has a business plan. With the said business plan, the person should be able to detail out the goals, strategic marketing plans, and many other relevant plans about the said business. There are even times that the financial aspects are written out in the said business plan.
Calculate how much capital is necessary for the start up. Make sure to obtain this approximate sum. This is because the capital for the business will be used to pay for all of the start up expenses one accumulates. It is also necessary to have enough money to support the firm for at least a year of business operations.
After getting these things done, the person will have to register the business. This means that the person will have to get a business license and even an EIN from the right office. After acquiring these legal requirements, the person should be able to officially start the business. Operations will not be ongoing.
Remember to pick the right location for this business. The location will have a big impact on whether clients will rely on the business or not. Make sure that it looks professional and that it can be accessed easily by potential clients. The location for the office should be at an environment where people will not hesitate to come in.
Hire the right staff. No matter the size of the firm, the person will have to get the assistance of others during the start up. The staff members will reflect the kind of firm the business is. Make sure that the staff members are polite and efficient in their job.
Advertising and marketing are important to the business as well. This is the best way to let the potential customers know about the existence of the firm. Properly promoting the firm for its counseling Royal Oak Michigan will surely earn more clients. In turn, this means more profit for the business.
How To Start A Legal Counseling Business
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