Contact Us Today! 717.439.6254|mark@strategicbizgroup.com

Achieving Success by Contemplating Failure

As business owners we are driven to achieve success. It is who we are.  And it is why we are entrepreneurs; working harder than most with higher risk so we can experience that success.

Failure is anathema to our very being.  But, by taking the precaution of contemplating failure we increase our chances for success. Harvard Business School Novartis Professor of Leadership and Management Amy Edmonson studies why businesses fail and suggests four questions you need to ask before starting a new venture in order to avoid failure. (more…)

  • Recognizing & Regaining Perspective Recognizing & Regaining Perspective

    Recognizing & Regaining Perspective

Recognizing & Regaining Perspective

Is the glass half full or half empty?  How you answer depends on your perspective.  For someone who has always received a full glass and now is being told this is all the water available, this picture can be a perilous omen.  On the other hand, someone lost in the desert might describe it as salvation.

Perspective is critical when making decisions within your company.  A distorted perspective can lead to the wrong decision, sometimes with disastrous consequences.  (more…)

  • Overcoming Decision Fatigue Overcoming Decision Fatigue

    Overcoming Decision Fatigue

Overcoming Decision Fatigue

I was perplexed at the outcome of a recent meeting with a prospective client.  It was with a business owner referred to me from a current client.  This owner clearly was motivated to grow his business but was “stuck in a rut”.  In discussing the terms of engagement, he recognized the value and cost-benefit of my services.  It was a positive meeting resulting in scheduling our first regular client meeting.

Two days later the owner emailed to cancel this next meeting stating he was “just too busy to take the time.”  Needless to say, I was surprised.  Could he have found and hired another consultant?  Or was my fee to steep? My current client who referred this person assured me the owner could afford the fee and had not hired someone else.  My client said this had become a pattern for this owner; identifying potential solutions but never carrying through on them.

This got me thinking (more…)

The Small Business Forum: Owners Supporting Owners

In doing research for The Small Business Forum, I found two authors who succinctly describe a major source of frustration for business owners.  The first states: “One of the toughest things about starting a business is the feeling of loneliness and isolation…. The leadership position alone can cause loneliness and disconnectedness, and that sometimes results in self-defeating behaviors.”  I’m sure many owners can relate to this sense of “isolation” as well as the “self-defeating behaviors” listed by both authors:  Conflict avoidance, Procrastination, Intimidation or Subpar feedback to employees.

How can owners overcome this? Both authors point to building and regularly consulting with a trusted team of advisors.  This is perfectly describes the purpose of The Small Business Forum. (more…)