Think Daily for Businesspeople Messages

August 23, 2016

Ask what your weaknesses are.

Larry Janesky: Think Daily

It takes courage to ask because most people’s egos can’t take any criticism at all.  They go on for years making the same mistakes because nobody has the courage to tell them voluntarily.

Ask people you respect and that know you well – “Do you see anything in me that is holding me back?”

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August 22, 2016

Editing Your Schedule

Larry Janesky: Think Daily

In the end, what we accomplish is about what we deside to spend our time on.  

What do you need to stop doing and say say no to, so that you can spend more time focusing on the most important things?

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August 19, 2016

Engage your accounting team

Larry Janesky: Think Daily

Ask your accounting people to give you three suggestions to save money by the end of the week.

Let’s see what they come up with…

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August 18, 2016

Eliminate Expensive Waste

Larry Janesky: Think Daily

One rule of economics says we should waste what is cheap to save what is valuable. In your operations, what is most valuable?  Labor?  These materials, or those materials?  Missed opportunity (leads)?  Missed phone calls?  

Of course we don’t want to waste anything, but we don’t want to spend $8 to save $4 either.  What does labor cost per minute?  Should we straigthen bent nails? (no).  Should we send one guy into the dumpster to study what we are throwing out, reclaim it, and take steps to eliminate it in the future?  Should we invest in that expensive phone system to save even more expensive phone calls (leads, sales) over the next 7 years?  Should we invest in training?

Can you look at what is most valuable and being wasted and find ways to improve?  

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August 17, 2016

"Building" a business

Larry Janesky: Think Daily

Do you feel like your business is the same as it was last year?

“Building” a business means you are making progress in creating something better and/or bigger; different than it was last year or last month.  Something that delivers more value to customers, or delivers that value to more customers.

What are you working on today, that will make tomorrow and the days after that better?  

What are you “building?”

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August 16, 2016

"Mr Fix It"

Larry Janesky: Think Daily

Being a business owner, or running a group of people who are trying to get a job done, can feel a lot like being “Mr. (or Ms.) Fix It”.  Problems come to you.  It’s your team delegating things up to you – the things that aren’t going well.

But if you get all the problems, maybe you haven’t trained your team well.  Maybe you have not empowered them enough to think on their own, given the goals and values of the organization (surely they know them, right?).  Maybe you have made them dependent on you as the one who will save them.  Maybe you have made yourself the central communication switch for bad news.  In doing so, your team doesn’t think about preventing problems so much, because they don’t have to deal with them anyway; you do.

Don’t be upset.  You did this.  The good news is, you can change it.

Right?

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August 15, 2016

Get a Defensive Coordinator

Larry Janesky: Think Daily

Most entrepreneurs are good at offense – Sales and Marketing.  But to be successful you need a defense too – Accounting and Operations.  

Charge your accounting manager with being your indespensible and active assistant in ensuring your company does not spend too much in its operations.  

More eyes, more questions, more suggestions.

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August 12, 2016

Learn from the struggle

Larry Janesky: Think Daily

Difficulties come not to obstruct, but to instruct.

Pay attention to the feedback, and learn quick.

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August 11, 2016

Task Completion

Larry Janesky: Think Daily

All great achievments are made up of hundreds if not thousands of individual tasks.  The result of each task is built atop another.

Do you complete tasks?

 

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August 10, 2016

How to be successful

Larry Janesky: Think Daily

1) Get started.

2) Keep going.

It may not be quite that simple, but not doing one of these is the major problem for most people.

You?

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