Top 10 Things I've Learned From Coaching Entrepreneurs

Top 10 Things I've Learned From Coaching Entrepreneurs

Here are the Top 10 things I learned this month from coaching entrepreneurs:

  1. Ego is the enemy of success - Entrepreneurs that park their own ego make better decisions with the whole team in mind… and their businesses do better as well!
  2. Run your own race - Ignore the competition and keep honing what makes your business special. “Comparison is the thief of joy’ – my main man Teddy R.
  3. Cash is truly king - A person can have 1000 dreams, but without their health, they only have 1. In your business, cash flow is akin to health!
  4. Stay the course - Goals are simply the result of habits repeated over time. It’s all about establishing behaviors and tweaking for results.
  5. Avoid the gap - Always measure yourself and your business against the gains you’ve made, not the gap between your ideal and where you are today.
  6. Action over thinking - Don’t complain about not seeing results from the work you haven’t put in. (This one I learned from not following my diet but still being frustrated that I’m not losing weight ??)
  7. Feeling good - Don’t wait for a future event to happen in order to feel good… you deserve to feel good now. It’s a decision, not an outcome!
  8. Simplify, simplify, simplify… If you want your business to scale, you need to distill and simplify at every turn. “For the simplicity on this side of complexity, I wouldn’t give you a fig. But for the simplicity on the other side of complexity, for that I would give you anything I have.” – Oliver Wendell Holmes
  9. Give a fig (or a $hit, or a F$%#) - If money is the pursuit, then success might become elusive. If driven by purpose, money simply becomes a way to keep score.
  10. You can't speed people up - People are ready when they’re ready. You can’t speed people up to meet your needs or timelines. “You can’t produce a baby in one month by getting nine women pregnant.” – Warren Buffett
  11. BONUS: Leave it in the past - Once you complete a month, close it off and start anew. If you didn’t hit your targets in that month, don’t expect to make up for it in the next. Treat each month like a fresh start. This applies to quarters and years too.

I hope some of these lessons resonate and help you on your journey!

Dale C. Williams - Expert EOS Implementer?

Expert EOS Implementer? at EOS Worldwide

3 年

Thanks for sharing Andrew. Great insights that all EOSIs can validate

This is OUTSTANDING, Andrew! Thanks for posting.

David Ostroff

Fractional COO (fCOO) | EOS Integrator | Business Operations & Process Optimization

3 年

Look forward for success. The Both the good and bad. Your nuggets are simple. Stay present, look forward, stay the course

Kelly Knight

President & Integrator | Wife & Mom | Best-Selling Author I Proud Michigan Wolverine l Investor

3 年

Great list!

Steve Legler, MBA, FEA, CPCC

I work with business families and their members to help ensure that their generational transition will be successful. I do this through one-on-one coaching and family meeting facilitation.

3 年

"5. Avoid the gap?- Always measure yourself and your business against the gains you’ve made, not the gap between your ideal and where you are today." Amen!

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