The Daily Meaning
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Don’t Cross the Streams
This all leads me to a coaching meeting last night. I was meeting with a young business owner who desires to adequately and properly track his cashflows. There are a lot of tips, tricks, and tools I could have given him, but I had one simple, but powerful piece of advice. "Don't cross the streams!"
“Support” vs. Service
Small Business Saturday is one of my least favorite days of year. No, not because I dislike small businesses. Quite the opposite, actually. I have a few small businesses myself. What I dislike about it is the pandering, guilt-tripping, and manipulation that comes with it.
Just Do the Opposite
This is a conversation I have with many of my clients. Whatever their respective industry is, I challenge them to "just do the opposite." The natural response is, "This is how it's done." That may be true, but it doesn't mean it's the best way.
You Know the Names
I'll continue not to name names, but here's a little insight. Whatever business you think I'm talking about, you're right. Deep down, you know who they are. Maybe not the exact one, but you know exactly who they are in your own world. My opinion isn't important, but yours is.
The Self-Unaware Slide
I'm thinking about a local business. You may know this business, but if not, you most certainly know one like it. They sell a good product, but they are struggling. The odd part is they don't understand why they are struggling. It's a head-scratcher to them. It's complete self-unawareness, and I'll explain why.
The Many (Noble) Roles of Businesses
Businesses get a bad rap. For whatever sick and twisted reasons, businesses get pigeonholed as soulless entities whose sole role is to take advantage of people while extracting as much money from them as humanly possible. This is absolute nonsense, of course. Businesses don't thrive by taking advantage of people. They thrive by adding value to people's lives, which earns them the right to add more value to more people's lives. The more people they serve, the more financial success they can achieve.
Earning the Right: Part 2
The most prevalent feedback I received is from people who “feel bad” about charging for their work when they love it so much. They would probably do it for free if they could. But that’s the problem. To continue serving others with their beautiful gifts, they must charge enough to keep the financial train on the tracks. Therefore, charging a reasonable price for their work is a good and noble thing. If we believe this, it changes everything!