Decision Making Mistakes to Avoid (Part 1)

Decision Making Mistakes to Avoid (Part 1)

What do a managing partner debating the merits of a prospective merger and a teenager planning his Friday night have in common?  They’re both trying very hard to make the right decision. Everyone struggles with this, and of course, it comes up all the time in business development, as in other areas of life.  People use pros and cons lists, professional consultants, tarot cards, and literally thousands of other approaches to decision-making; yet humans remain appallingly bad at it.

Read More

Using Support Structures to Make Your Work Easier

Using Support Structures to Make Your Work Easier

Business development, management and leadership aren’t difficult because of the actual mechanics involved.  Sure, there are a lot of variables and no clear answers; but just because there is a learning curve doesn't necessarily make something hard. Consider the possibility that if you are relating to a project or endeavor as “hard” or “stressful” it just means you don’t have adequate support structures.  Business development may seem difficult, but if you had a buddy checking in with you every day to compare accomplishments, AND a monthly mastermind group to share ideas, AND a staff person handing administrative tasks, AND a mentor to give advice and make introductions, AND friends to commiserate with when things don’t go as planned, AND a coach to help you to communicate more persuasively…  it would seem a lot more manageable, maybe even fun or easy. There has been a lot of research on the impact of social support on the body’s ability to deal with stress.

Read More

No-Lose Decisions: Moving Beyond Fear

No-Lose Decisions: Moving Beyond Fear

A classic paradox of free will is the story of a donkey that is both hungry and thirsty but is equidistant from a bale of hay and a trough of water.  It can’t decide between the two choices and consequently starves.  Absurd though this example may be, from time to time, most of us are guilty of making no decision, even when any of the available options would be an improvement over no action at all.  Failure to make a choice is always disempowering.  Yet, this issue comes up all the time.  

Read More

Eleven Essential Issues to Consider Before Entering a Business Partnership

he best way to maximize the chances of having a positive partnership experience is to carefully talk through all relevant issues prior to entering the partnership. Very few people have partnership agreements that are sufficiently clear and comprehensive. Even those who have legal contracts in place generally have neglected to address some basic issues that could and very often do lead to bad blood down the line.

Read More

Hold, Raise or Fold? - When to Stick With Your Plan and When to Retreat

Last month I discussed how to decide whether to persevere and continue to pursue your goals even in the face of setbacks. This month’s article is basically part two. If you decided that your goals ARE worth pursing, how do you decide if you should stay the course or if you should revise your plan? Here are some of the questions to ask yourself:

Read More

How to Design a Powerful Project

Whether you are trying to find new clients, increase profitability, or finally start going to the gym one simple way to help yourself achieve the intention quickly is to write out a project plan.  The following are ten steps to create an effective plan.

  1. Set a specific and measurable goal, with a clear time frame. – Many of us aspire to get more of of the "right" type of clients, which is vague and, therefore, less powerful than a specific target like “sign a retainer agreement with one new clients who meets XYZ criteria by January 31”...
Read More

Our Iceberg is Melting: A Book About Organizational Change

It is also a parable about organizational change written by one of the foremost experts on the subject at the Harvard Business School. The story explores the process by which crises come to the attention of leadership,

Read More

How to Design a Powerful Project

The following are ten steps to create an effective plan. Whether you are trying to lose weight, write that novel, or increase revenue, one simple way to help yourself achieve the intention quickly is to write out a project plan. The following are ten steps to create an effective plan.

Read More