Business Mastery Advisory Board

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Business Mastery Advisory Board

  1. 1. The AKRIS Business Mastery Advisory Board ™ Ron Finklestein President AKRIS LLC The Small Business Success Expert™ 330-990-0788 / ron@akris.net www.akris.net
  2. 2. The U.S. Department of Labor estimates that today’s learner will have 10-14 jobs . . . 0
  3. 3. By the age of 38. 0
  4. 4. More than 1 out of 2 are working at their current job for less than 5 years. 0
  5. 5. Did you know . . . 0
  6. 6. It’s estimated that a week’s worth of New York Times . . .
  7. 7. contains more information than a person was likely to come across in a lifetime in the 18 th century.
  8. 8. The amount of new technical information is doubling every 2 years.
  9. 9. That means for a student starting a four-year technical or college degree . . .
  10. 10. half of what they learn in their first year of study will be outdated by their third year of study.
  11. 11. What does it all mean? 0 With thanks to Karl Fisch, Arapahoe High School, Centennial, CO - The Fischbowl
  12. 12. Change Happens! 0
  13. 13. What Happens When Change Happens! 0
  14. 14. Who Can You Trust <ul><li>From Watson Wyatt (HR specialist) report - Institutions are rated at historic lows on trust factors, 2005 results: </li></ul><ul><ul><li>Only 39% of employees trust their Senior Leaders </li></ul></ul><ul><ul><li>Only 36% believe their managers act with honesty and integrity </li></ul></ul><ul><ul><li>76% believe they observed actions of their firms that are illegal or unethical </li></ul></ul><ul><li>Only 34% of Americans believe others can be trusted </li></ul>
  15. 15. Businesses Fail! 0
  16. 16. <ul><li>78% Lack of a well-developed business plan - 77% Not pricing properly - 73% Being overly optimistic - about achievable sales, money required, etc.   - 64% Ineffective prioritization for the use of both time and money </li></ul>0 From SCORE Businesses Fail Because…
  17. 17. <ul><li>70% Not recognizing, or ignoring, what they don't do well and not seeking help from those who do - 66% Denying problems in the business until it's too late - 65% Minimizing the importance of promoting the business properly (marketing) - 63% Insufficient relevant and applicable business experience </li></ul>0 From SCORE Businesses Fail Because…
  18. 18. <ul><li>63% Insufficient entrepreneurial instinct about how to run a business - 60% Not paying attention to the plan after it's developed - 58% Inability to delegate properly - abdicating important management responsibilities - 56% Hiring the wrong people - clones of themselves and not people with complimentary skills, or hiring friends and relatives - 54% Poor people management skills </li></ul>0 From SCORE Businesses Fail Because…
  19. 19. Now you know . . . 0
  20. 20. Why you might want to know a bit about . . 0
  21. 21. The AKRIS Business Mastery Advisory Board
  22. 22. The AKRIS Business Mastery Advisory Board <ul><li>How to create additional revenue streams </li></ul><ul><li>Needing intelligent and objective feedback on challenges they are facing and decisions that must be made </li></ul><ul><li>Being pulled in a thousand different directions and not getting the things done they know they need to do </li></ul><ul><li>Stayng current with latest trends </li></ul><ul><li>Interested in someone to hold them accountable </li></ul><ul><li>  </li></ul>The Problem
  23. 23. <ul><li>Budget and create </li></ul><ul><ul><li>a planned allotment of </li></ul></ul>What Business Owners Don’t Do?
  24. 24. <ul><ul><li>Four years of study of successful Small Business Owners </li></ul></ul><ul><ul><li>Three years of research </li></ul></ul><ul><ul><li>Celebrating Success! NEO Business Conference </li></ul></ul><ul><ul><li>A result of solving my business problems </li></ul></ul>How Did The Business Mastery Advisory Board Come About…
  25. 25. <ul><ul><li>Selfishness (Intelligent Self Interest) </li></ul></ul><ul><ul><li>Ownership </li></ul></ul><ul><ul><li>Persistence </li></ul></ul><ul><ul><li>Focus </li></ul></ul><ul><ul><li>Results Orientation </li></ul></ul><ul><ul><li>People </li></ul></ul><ul><ul><li>Discipline </li></ul></ul>What Business Owners Do to be Successful!
  26. 26. <ul><li>Selfishness </li></ul><ul><ul><li>Intelligent Self Interest </li></ul></ul><ul><ul><ul><li>Let’s call him Kevin </li></ul></ul></ul><ul><ul><ul><li>Red Cross </li></ul></ul></ul><ul><ul><ul><li>Software Answers </li></ul></ul></ul><ul><ul><ul><li>ICBS </li></ul></ul></ul><ul><li>What is the outcome of Intelligent Self Interest? </li></ul><ul><li>The First Step to Greatness is Being Happy </li></ul>The Business Mastery Advisory Board Is About…
  27. 27. <ul><li>Ownership </li></ul><ul><ul><li>legal right of possession </li></ul></ul><ul><li>Outcomes of Ownership </li></ul><ul><ul><li>If you don’t own it you can’t change it </li></ul></ul><ul><ul><li>If you don’t own it you can’t achieve it </li></ul></ul>The Business Mastery Advisory Board Is About…
  28. 28. <ul><li>With Ownership… </li></ul><ul><li>Dreams start becoming a reality </li></ul>
  29. 29. <ul><li>Persistence </li></ul><ul><ul><li>the continuance of an effect after its cause is removed </li></ul></ul><ul><li>Outcomes of Persistence </li></ul><ul><li>Barriers start falling away </li></ul>Satchel Paige Makes Baseball History The Business Mastery Advisory Board Is About…
  30. 30. <ul><li>What if you are not persistent? </li></ul>Would this have happened? Thomas Edison Over 2000 tried to create this! The Business Mastery Advisory Board Is About…
  31. 31. <ul><li>Focus </li></ul><ul><ul><li>a central point, as of attraction, attention, or activity </li></ul></ul><ul><li>Outcomes of Focus </li></ul><ul><ul><li>You change your behavior to do what needs to be done – not what you want to do </li></ul></ul>“ Obstacles are those frightful things you see when you take your eyes off your goal.” Henry Ford The Business Mastery Advisory Board Is About…
  32. 32. The Business Mastery Advisory Board Is About…
  33. 33. <ul><li>Focus on Results (outcomes) </li></ul><ul><ul><li>something that happens as a consequence; outcome </li></ul></ul><ul><li>Outcomes of being results oriented </li></ul><ul><ul><li>Achievement </li></ul></ul><ul><ul><li>Success </li></ul></ul>The Business Mastery Advisory Board Is About…
  34. 34. <ul><li>It is the recognition of accomplishing what is important to you! </li></ul>The Business Mastery Advisory Board Is About…
  35. 35. <ul><li>If you are not focused on specific results - any results will do? </li></ul>
  36. 36. <ul><li>People </li></ul><ul><ul><li>the subjects, followers, or subordinates of a ruler, leader, employer, etc. </li></ul></ul><ul><li>Our success is totally dependent on our ability to communicate, lead, sell, coach, mentor, influence, and motivate others. </li></ul><ul><li>The Platinum Rule ® - Treat Others The Way They Want To Be Treated </li></ul>The Business Mastery Advisory Board Is About…
  37. 37. <ul><li>Discipline </li></ul><ul><ul><li>activity, exercise, or a regimen that develops or improves a skill; training </li></ul></ul><ul><li>What are the outcomes of Discipline? </li></ul>The Business Mastery Advisory Board Is About…
  38. 38. <ul><li>It is the satisfaction of job well done </li></ul><ul><li>It is going to bed tired and sleeping well </li></ul><ul><li>It is the satisfied feeling of accomplishment </li></ul><ul><li>It is knowing you played all out </li></ul>The Business Mastery Advisory Board Is About…
  39. 39. It is being rewarded for all your hard work and effort. The Business Mastery Advisory Board Is About…
  40. 40. 7 Behaviors Summary Persistence Focus Ownership Discipline Results People Selfishness -Intelligent Self Interest
  41. 41. <ul><li>How do you implement these behaviors? </li></ul>AKRIS Business Mastery Advisory Board The Business Mastery Advisory Board Is About…
  42. 42. The Business Mastery Advisory Board Is… <ul><li>The AKRIS Small Business Mastery Advisory Board is a member organization dedicated to: </li></ul><ul><li>providing objective feedback </li></ul><ul><li>practical advice </li></ul><ul><li>usable suggestions </li></ul><ul><li>accountability </li></ul><ul><li>best practices </li></ul><ul><li>that allow the members to grow, flourish and get results. </li></ul><ul><li>   </li></ul>3 Years of Research
  43. 43. The Assumption <ul><li>After all, multiple brains and experiences are far smarter, effective and efficient that any single brain or experience. </li></ul>
  44. 44. <ul><li>Create additional revenue streams </li></ul><ul><li>Objective feedback on challenges </li></ul><ul><li>Not getting the things done you know you need to do </li></ul><ul><li>Someone to help and hold them accountable </li></ul><ul><li>Implement the 7 behaviors </li></ul>Problems Solved The Business Mastery Advisory Board Is…
  45. 45. <ul><li>When and how to fire someone </li></ul><ul><li>Dissolution of a partnership </li></ul><ul><li>Conflict issues with a company president and a subordinate </li></ul><ul><li>Craft marketing strategies (many times) </li></ul><ul><li>Define sales processes (many times) </li></ul>Some Examples - Problems Solved The Business Mastery Advisory Board Is…
  46. 46. <ul><ul><li>More personal time </li></ul></ul><ul><ul><li>More money </li></ul></ul><ul><ul><li>Gain more control over your business </li></ul></ul><ul><ul><li>Increase employee productivity </li></ul></ul><ul><ul><li>Increase personal and business focus </li></ul></ul><ul><ul><li>Peace of mind </li></ul></ul>The Business Mastery Advisory Board Is… Outcomes You Can Expect
  47. 47. <ul><li>Takes only four hours per months </li></ul><ul><li>Drives the Attitude and Behaviors of Success </li></ul><ul><li>You work on what’s important to you </li></ul><ul><li>It is affordable </li></ul><ul><li>Quickly create additional revenue </li></ul><ul><li>Gets fast results </li></ul>The Business Mastery Advisory Board Is… Benefits
  48. 48. What Others Say Richard Henry Group “… is like Alcoholics Anonymous for the business owner. I can come in and discuss all my problems, mistakes, challenges and opportunities and get positive, constructive feedback. I walk out of each meeting feeling great.” The Business Mastery Advisory Board …
  49. 49. What Others Say Bob Vance - Shamrock Companies “… helped me develop new business and put money into my pocket. This Board has provided constructive feedback and throughout the process and provided me with great ideas that I have used to grow my business. They have helped me define and refine my marketing approach and message. This has lead to some great results.” The Business Mastery Advisory Board …

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