Archive for August, 2012

Posted by Tom on August 31st, 2012 | Permalink

Walk, Run, Accelerate

August 31st, 2012

It is so easy to get caught up in the day to day of being busy and to forget about what is really important. A statement like this is obvious when it comes to our personal life. But have you given it much thought when it comes to your business life.

The problem for many business owners is that they run before they can walk and then try to accelerate before they can run. By not developing mastery through the developmental process the end result is a sense of confusion and being overwhelmed by the day to day. The business owner gets stuck working in their business and not working on their business. In this state the majority of the time, energy and money resources that the business has to work with are spent dealing with internal issues and cannot be directed to capitalizing on new opportunities. As a result the business either stagnates and never gets to the point of acceleration or accelerates for a brief period before it flames out.

There is only one way to break the pattern of being consumed by the day-to-day of your business; just STOP! Get some perspective and determine what is the core focus of what you do and who you do it for. Then analyze what you have mastered already and where you need to get back to basics and improve. If you are doing activities, selling products or engaging customers/clients that are causing you to do distracting things and do not move you towards your strategic end point, then make some tough decisions. If needed, reorganize your human resources to ensure that you and your employees have the mental and time space to do an amazing job at what you do. You should now find that more and more of the resources of your business are being focused on external opportunities.

Now the path should be clear. Count down from 10 and get ready to ACCELERATE!

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Posted by Tom on August 30th, 2012 | Permalink

Failure Can Be Inspiring

August 30th, 2012

A sure fire way to Accelerate your business is to innovate. A business that is not innovating is not evolving. You really have little choice in that matter. Innovation takes courage. You have to take risks and accept that not every innovation will work out. For example, do you remember the Newton from Apple?

So if innovation fails and we keep innovating to eventually be as successful as possible does this then mean that we must learn to be a loser in order to successfully innovate? Yes! How Zen is that?

Check out the story at about the Museum of Failed Products. Other than the interesting story think about the innovation for a market research company to have its own archive of failed products. Talk about cache.

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Posted by Dennis on August 29th, 2012 | Permalink

Panic

August 29th, 2012

I spend the summer up here at my not-so-secret summer lair. Pine Lodge is a good place to recharge myself and reconnect with some of the thinking I like to do when I am not in airports, or on airplanes.

My daughter Ella is almost 5. In the mornings she wakes up, climbs out of bed, finds the nearest Richard Scary book (I am currently using Storybook Dictionary as a coaster), and then climbs up into my lap without a sound and I read to her while her systems slowly come on line.

Does anyone out there read Richard Scary books – when will they take Dingo’s driver’s license away? That guy is a menace. Never trust a dog in a cowboy hat.

I digress.

This summer Ella told me that she wanted to go for a walk, that she wanted to go far, and that she wanted to go alone. Ella is growing up, and I realize that despite my best efforts the little one is starting to leave me.

I was crushed. I was also proud. I guess the next thing is that she will no longer get sad and tear up while eating green beans because she is going to “miss them.”

Ella did pretty well on that first walk but she did come back, in a hurry, and in a bit of a panic. But that was only once. The next time she went a little further, then a little further, until now, a few weeks later she doesn’t get scared at all.

Ella is fearless.

That’s us. When we find our inspiration, our eureka moment, we are essentially saying

“I want to do this”, then we feel a little, or a lot of resistance. “Wait a second … Am I crazy? I could get eaten by something large and Lizard like …”

Two things to keep in mind

First never forget that the amazing idea came first and that fear of the Lizard came second.

The first thing you think of – the eureka moment – is more powerful than the Lizard. The Lizard is constant, the Lizard always suggests caution but it comes after the inspiration. After the courage.

Our creative ability, our creative destiny is more powerful than we realize.

We all struggle with the Lizard

Even me… Let me share my deep dark ugly secret. I hope you realize that this takes courage, once I have shared the secret; I am obligated to fix it.

Here it goes.

I have had a book essentially finished for 3 years.

What does ‘essentially finished’ mean?’

I have less than 40 hours to finish it.

The book sits in Dropbox, organized into chapters, some of them edited, some of them needing one final read before I sign off on it.

I don’t need to write anything else, really, just commit to sitting down and working with the editor to get it done. It’s so close to being finished that I already know what my second book is going to be about, and what it is going to be called.

The frickin’ Lizard has my brain.

Until right now

I will fix this right away, and keep you posted via the blog. You can watch me defeat resistance.

The second thing to remember

Everyone panics. Panic is good. Panic is like sore muscles after a workout – it means that something good is happening.

Panic is in your head.

Don’t run from panic. Expect it. You thought this was going to be easy? Effortless? Not a chance.

You thought that fixing something was a switch, an adjustment? Something that you flip from ‘broken’ to ‘fixed?’

Not a chance. Its evolution and it’s not finished with you yet.

Just remember, Panic is predictable and it isn’t nearly as strong as your creativity.  Panic is normal and good.

Losing to it isn’t. Losing to panic is completely unacceptable.

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Posted by Tom on August 28th, 2012 | Permalink

What Makes It Hard

August 28th, 2012

The idea of being a trust advisor is very seductive. The reality and pragmatism of making it happen is something totally different. The following is list of reasons why it is hard to fulfill a trusted advisor role that comes right out of David Maister’s book, The Trusted Advisor:

  1. This is all too personally risky. The emotional stuff feels embarrassing, different and flaky.
  2. It’s not easy to stop worrying about yourself and focus on others instead.
  3. Professional services firms often breed a culture of content expertise and mastery. (Content is the focus of everything)
  4. We can’t overcome our fears of looking ignorant, stupid, or uniformed, so we act assertively.
  5. It’s hard to shut up and listen before you solve the problem. We have a hard time rewiring our instincts or habits.
  6. It takes a lot of courage to speak about the unspeakable. Some things you just don’t say; they’re too personal, too risky, or too unprofessional.
  7. It comes too close to the line of invading the private.
  8. This approach discounts too heavily the value of good content or expertise.
  9. This process sounds slooowwww! My budget won’t allow for this!
  10. My clients want me to focus on the work at hand; he or she does not want to see me about anything else.
  11. It’s risky to take a position on an issue until I’m absolutely sure.
  12. I took a position, and now I am stuck with it. To change my view would destroy my credibility.
  13. It’s hard to be this humble!

Interestingly all these objections are ego driven and are therefore usually based on conjecture about what you think your clients really want. Or maybe, it is just your fear factor making excuses so you do not have to take a risk. In the Experience Economy, the experience of trust requires that you expand your personal boundaries so that you can authentically give clients what they want and need.

Your choice.

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Posted by Dennis on August 27th, 2012 | Permalink

Faith

August 27th, 2012

Religion and Faith are not the same thing.

Religion does not solely refer to Spirituality, or the so called “big three” religions of Christianity, Judaism, or Islam.

If you read this blog, then you probably have a lot of faith because you are out on your own trying to change, if not the world, then your world.

You have a lot of faith. No doubt there are people who love you who have told you not to do it, but you did it anyway. There are coworkers, or managers who told you to do it, but also told you that they wished you wouldn’t, but you did anyway.

That is faith.

I quit my job when my daughter was six months old and I had no money and absolutely no clients or a contract. Nobody even knew who I was; they literally thought I was another guy. I had a bucket load of faith though. I knew somebody out there would want to listen to me, and that eventually they would figure out my name is Dennis.

There is an easier path out there for each of us, but when you are a leader, there is only one path and it’s rarely the easier one. Quitting, and if not quitting, settling and accepting the status quo is always the easier path and it’s always the path to being completely irrelevant.

So why did you take the harder path, and why are you going to do it again?

Faith

Faith is underrated and religion is overrated.

Faith is old, hundreds of millions of years old.  Faith is part of our code, the code that operates a human being. It is part of our evolution and separation from the rest of the mammals walking around, on either two or four feet all over the planet or swimming in the oceans.

My dog, Smooch, has no faith, that’s why he gets so excited every time I walk back into the house.

Religion is a structure, built by us on top of our faith. The purpose of Religion is to maintain and preserve the status quo. The message isn’t “stand out” its “fit in.” Religion is repetition and ritual. Repeating stories, lessons, creeds and commandments and trying as best we can to apply them to contemporary moral issues.

There are all kinds of religions. There are the easy ones that likely first come to mind: Christianity, Judaism, Islam, and Hinduism.

There are all kinds of other religions too – Apple and Google are religions– what they all believe, their corporate culture, dress code, how they encourage people to think. You can’t tell me that people who love the iPod, iPhone or whichever product they use are not passionate and cult like. They practically cheer the demise of competitors. They are cult like and devoted to their device. Considering it, right now, it creep’s me out just a little.

Private Schools and camps and clubs have religions too and each of them is designed to maintain and preserve that which is considered sacred within the community. Ultimately, it’s to preserve the status quo.

Religion is at its very best when it supports faith.

Religion is at its worst when it supports the status quo.

When we can’t adjust, or evolve or innovate we lose our Clan. We lose our Clan because the Clan loses its need in the apparatus or religion.

They go somewhere else, they don’t lose their faith. They continue to believe what they believe, to like what they like, to seek what they need. They just look for it in a different place.

Catholics become Unitarians for example. Or PC users become Mac users or people who like German cars buy American cars.

A lot of people believe in God, or a higher power yet the number of people who attend an organized religious service is dropping.  Did they lose their faith? Or did they grow fatigued by the slow pace of change inside their organization?

You are the leader of your Clan. They have faith in you. Where is your Clan going? What does your Clan need?

How are you going to keep the pews full?

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Posted by Tom on August 24th, 2012 | Permalink

The Promise

August 24th, 2012

Promises are easily made but not always easily kept. Ask any parent!

The reality of running a business, be it large or small, is that you have a responsibility to keep your promises to clients/customers. How many times have you personally run across a business where you have said “it just isn’t the same anymore” or “what has changed, that is not what I remember it being”. Classic examples of a business owner who is looking to make more money by cutting costs or has innovated without paying attention to their end user. Worse yet it could also be the result of a business changing hands. The end result of course is lost business. When the promise of the Experience changes for the worse your customers/client will not come back and worse yet they probably will not tell you.

The only conclusion we can draw from all of this is that a brand is a promise kept. After all is the promise not why they decided to associate with you in the first place. If you cannot keep your implied promise (the core of how and what you deliver) to your customers/client then your brand will not be worth much.

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Posted by Dennis on August 23rd, 2012 | Permalink

The Best Laid Plans

August 23rd, 2012

You have something to do, whatever it is it is important, yet so long neglected. Then again, it is already Thursday, and it doesn’t just seem easy, it seems right when your internal voice says: “Dennis; take the weekend, and tackle this issue on Monday. When Monday rolls around, we’ll fix this problem for good.”

That little voice is The Lizard of course, and he wants to slow you down.

The Lizard manifests himself or herself in your thoughts as Resistance. But I like to think of The Lizard as a monster, and he is haunting my psyche. Resistance is just a word, but a monster is a monster.

The Lizard isn’t interested in what could be, or in dreams or dreaming in general. The Lizard wants to make sure you don’t lose your shirt, your position, your “whatever you have so far”, because whatever you have now is a lot better than losing it.

The Lizard makes a valid point. Losing sucks. And The Lizard also loves you unconditionally. Like a mother who smothers, The Lizard doesn’t think it is wrong. The Lizard has your best interests at heart. The Lizard thinks he or she is helping you, not hindering you. The Lizard wants you to be happy with what you have and believes that you are better off not thinking of what could be.

Was your summer a springboard or a sofa?

What were you thinking about in June when your kids got out of school? Did you tell yourself that this summer, when things were a little quieter you would carve out some time to address some of these issues that were pestering you?

Maybe one day a week, a solid 8 hr. day, you’d inform the world that you couldn’t be disturbed, “This work is too important”, and slowly, but purposefully, you’d work your way through these issues and when September rolls around you’d be ready.

September is less than two weeks away …

The problem with underestimating The Lizard, is not understanding his or her true goal. His or her true goal, as well meaning as he or she might be, is to stop you. The Lizard wants to end all progress.

That’s it. That’s all The Lizard wants to do. The Lizard doesn’t think too deeply about anything else.

Regret? Meaningless.

Satisfaction? Meaningless.

The only thing that The Lizard cares about is keeping you right where you are, a little older, a little fatter, and a little quieter. Eventually, you’ll stop all this talk about what you think you are, or should do.

You are a prisoner in your own thoughts.

There are two reasons why you might be losing the battle to The Lizard.

Maybe you don’t really know why you want to do make the changes you dream about? Maybe the reasons that motivate you are not clear? Maybe “because everyone else does” isn’t enough of a reason for you, and it shouldn’t be.

The second reason is likely that you just don’t know what to do, and not knowing what to do, how to first understand the problem for what it is, then finally to actually solve the issue is terrifying.

Trust me, it’s a lot easier, and cheaper, and quicker, to solve issues rather than manage issues. You have won other battles against The Lizard, so you know you can do it again.

Here are the three essential steps to kill The Lizard.

Dream big. Conceive of your inspiring vision of success. Begin with the end in mind and then work back from there.

Get real, and call yourself on your own nonsense. Quit telling yourself and other people stories – measurement and accountability and discipline. This is what dreams are made of.

Get moving. Quit planning, you’re just stalling. Start.

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Posted by Tom on August 22nd, 2012 | Permalink

I Like You

August 22nd, 2012

One of the true benefits of being a trusted advisor (of any kind) is that we can chose the clients we work with. After you have determined that they can pay your fee, a great measure for the potential of a client relationship is the ‘like-factor’. Try and find something that is special, fun, meaningful or engaging about this person. It is not implied or expected that you have to like everything about a client but try and find something that you and this person can relate to. If you cannot do this then you probably are not dealing with a person who you can trust to trust you.

Never forget that you cannot be all things to all people. Your job as a trusted advisor is to find people who you can connect with; people who want to trust you and who you want to trust. In this spirit of mutual trust and cooperation you will have a rewarding and long-term partnership together.

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Posted by Dennis on August 21st, 2012 | Permalink

The Undead Section

August 21st, 2012

The video store in my hood closed down some time ago and only now do I realize that losing my store really was a loss.

Since the video store closed I haven’t watched nearly as many movies as I had previously. This is pretty un-scientific but I think I watched about 2 movies a week for close to 20 years, and since the store shut down a year ago I have watched 4.

The irony is that via Netflix or my cable providers ‘on demand’ service I actually have far more access to movies now than ever before. Not only more titles (or so they say) but they are right at the end of my fingers – I can access them instantly, and watch a movie without ever leaving my home, or in some cases putting on pants.

The reason I am not watching as many movies is because there isn’t anyone in my house to help me interpret, or compare the options. I lost my movie guys and their particular geek insight when the store closed. My former movie guys were professionals; just looking at them you knew a few things.

  1. They like to sit.
  2. They watch a lot of movies/play video games.
  3. Tattoos have gone too far.
  4. The Canada health guide to better nutrition is largely ignored.

There was one guy in particular who I would seek out for tips and reviews and he was fantastic – It was because of him I learned about movies from Hong Kong, such as Infernal Affairs, later remade by Scorsese as The Departed, and Old Boy which I hear they are remaking with Will Smith.

When the store closed, nobody came in to fill the void. My two digital options are sorry replacements. The interface is complicated, and while there are more options as far as movies are concerned, who cares if you have more access to product if you can’t determine what the product is?

A list of titles? A drop down menu? I want to talk to a person, I want to say “You know me; you know I liked this one, will I like this one?” I want to talk to the person in the aisle, who might turn me on to something undiscovered.

More options, cheaper and more convenient didn’t really mean that much to me. I lost the human touch. The personal connection.

I want a little magic with my consumption. I want, and I suspect you want a little relationship. Dare I say it, but sometimes you want to go where everybody knows your shame. I mean Name. Where everybody knows your name.

When I lived downtown, on the weekend I’d go for breakfast and then hit Elgin Street Video, which I loved. I’m going to make a point of going there again, they deserve it and they are worth the drive.

One time, around Halloween it occurred to me that I had never seen the campy classic Army of Darkness.

Elgin Street video is a store for movie fans, and to this moment I have never found another one like it.

The store is owned by a movie nut who is also a collector of memorabilia, which he showcases in his store. The pieces are always changing, so visiting is like a trip to a museum. Even before you get what you went in for, a movie, you get something else – an experience.

I search around for Army of Darkness and come up empty. I asked the guy at the counter who directed me to the Undead Section.

Oh yeah, the Undead Section. A section, for all things undead such as Zombies, Vampires and yogurt.

You are successful only when your customers, your clan, your followers, your peeps, your patrons, love what you have, and what you do as much as you do. When they take ownership, when they buy in, when they emotionally commit and connect.

So stop thinking about what you do, instead start thinking about why you do it. If “love” is anywhere in your reason, you’re probably doing very well at it.

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Posted by Tom on August 20th, 2012 | Permalink

Live Your Plan

August 20th, 2012

Your business and your business planning are two sides of the same coin. If you put your business plan on the shelf to gather dust, that’s where you’re business will end up too. The process of business planning is a living, breathing process that has no end. It continuously evolves, improves and matures.

The human body completely regenerates itself every seven years. In seven years time not one cell of your body today will exist. Yet you will still be you. In seven years time, your business plan might also have completely regenerated itself. But it will still be your business plan. One thing is for sure though – if you stop feeding or paying attention to your business plan it will wither and die, along with your business.

Sounds like a good idea but what does it mean in practice? In practice, you get to choose what your business plan looks like. There are lots of examples and templates around. I personally recommend the simpler the better approach but whatever works best for you. Here is a proven method for living your business plan:

  1. Always have a copy of your current business plan on hand and refer to it daily.
  2. Review the plan with key personnel regularly. It is not okay for them to not know EXACTLY what is going on in that plan. If they don’t know what is going on they are telling you they do not care.
  3. Schedule regular business plan review sessions.  Involve those who either input to the plan or who work directly from it.
  4. Review your plan away from the business. This helps to gain a clearer perspective and promotes a creative, brainstorming frame of mind.
  5. Have pen and paper on hand and be ready to pluck a continuous stream of great thoughts from your subconscious and note them down. Resist the temptation to update your plan on the fly. Always wait until the next review day.
  6. Ensure each version of your business plan is numbered. (i.e. 1.1, 1.2, 1.3 etc.) And keep a copy of all previous versions.
  7. Be true to your plan. Ensure your entrepreneurial business decisions are consistent with the plan.

Remember – your business planning drives your business and your business drives your business planning.

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