Why You Don’t Have to Feel Good Enough to Succeed in Business

Why You Don’t Have to Feel Good Enough to Succeed in Business

I paced the floor…teeth clenched. I was wrestling with a HUGE decision. For the first time in many years, I was working as an employee. Decent salary. Benefits. 401K. Stock options. But, looming in front of me was an opportunity to make the leap from “secure” employee to running my own business. I had done my homework on this new venture, and the numbers all made sense. It was a lucrative opportunity. But, I couldn’t stop thinking the same thoughts, over and over: What if it doesn’t work out? What if my clients don’t pay on time and we fall behind on our bills? What if I SUCK at this new business and my clients cancel my contracts? Those questions were just different versions of the BIG question:   What if I’m not good enough to do this?   It was a risk. But, I saw a problem in the market that I was excited about solving. Fast forward: I took the risk and launched out on my own as a consultant. I didn’t fail. We never fell behind on our bills. In fact, I earned more money than I had ever earned before. In retrospect, I see that the time I spent wondering if I was “good enough” was a waste of time. Those feelings didn’t help me make a decision. They only caused me to get stuck in “analysis paralysis.” In my case, I took the risk. But, many people miss out on incredible opportunities because they’re too preoccupied feeling “not good enough.” Most of my business coaching clients have fantastic new ideas, products or scalable strategies they want to try…but they’re stuck. The questions I hear these already-successful entrepreneurs struggling with are:...
How to Spend Your Money to Get the Life You Want

How to Spend Your Money to Get the Life You Want

“I need to make a deposit,” I said out loud to an empty apartment. I sat on the floor at the foot of my bed with papers spread all around me. Bank statements, receipts, a checkbook, a notebook where I kept track of my “budget.” A curly landline phone cord stretched across the room from its normal spot beside my bed. I punched numbers into the handset, hoping the robot voice on the other end of the line would help me. I was close to overdrawing my bank account. Again. This was a common scene for me in college, in the dark ages before online banking. In fact, this was a common scene for me for the first 10 years of my adult life. Back then, I treated my bank account like a demanding, hungry teenager. It seemed like no matter how much I fed it, it always needed more. I spent my waking hours trying to figure out how to make sure it didn’t get completely empty or worse – overdrawn. It was a constant cycle of stress. I felt like a slave to my monthly expenses. Then, I began learning about the concept of investment. An investment is when you make a different kind of deposit. Not one to cover this month’s spending, but a deposit you plan not to spend. At least not for a long time. Why on earth would someone deposit money and not spend it? So that the money you invest can multiply…and you (or your kids) can spend some of it in the future. This concept of investment began to invade every area of my...
“May I Borrow A Cup of Structure?”

“May I Borrow A Cup of Structure?”

Imagine for a moment a society without structure. Try to imagine the chaos if: Schools didn’t have set start and end times and there were no bells or buzzers to signal everyone to go to their next class. (A dream come true for many kids!) Grocery stores didn’t organize food into categories and didn’t keep regular “hours.” Banks didn’t have procedures for depositing and withdrawing money. Traditional jobs didn’t assign work to employees, never set schedules or coordinated efforts to achieve the company’s objectives. “Developed” societies are built on structure and lots of it. In fact, without structure, we’re often at a loss as to how to behave. Think about it. From the moment you were born, through school, jobs, and every day society – you were given external structure “cues” that helped you understand how to behave, what to do and even where to be at what time. At some point in your life, you’ll likely try do something big on your own – like start a business, write a book or invent something. You think it’s going to be exciting (and it is), but suddenly… There’s no one there to tell you where to be. There’s no one with a textbook on how to write your book or make your invention a success. You no longer “get in trouble” for being late because suddenly… you’re the boss. The problem with a structure-obsessed society is that structure is usually developed for us. We aren’t taught how to create structure for ourselves. We’ve been given a fish sandwich with a side of fries…instead of being taught how to fish,...
The “Nearly Impossible” Leadership Problem

The “Nearly Impossible” Leadership Problem

Last week, I came clean and confessed that sometimes…ideas can get the best of me. Ideas can be a BIG distraction. Overthinking. Being stuck in a never-ending “idea loop” and never taking action. In that scenario, your ideas are leading you – leaving you exhausted, unfulfilled and with no results. It’s true: sometimes, I am undisciplined with my ideas. But, sometimes, I stand up and lead my ideas through a system. A framework that gives me peace of mind, a sense of fulfillment and that helps me produce positive results in my life. What does that even mean? Moving from “idea” to “reality” takes leadership. If you want to see your idea succeed, it takes YOU leading YOURSELF (and eventually OTHERS) to make it happen. I said that to a coaching client once, and he immediately replied, “That’s IMPOSSIBLE!” Well, it can be very difficult…maybe nearly impossible to lead yourself. And, to be frank, if you haven’t been able to lead yourself successfully before, you will probably need some help to develop self-leadership skills. But, it’s not impossible. So, what does it mean to lead my ideas? It means: I take ownership for my ideas.  I don’t expect others to be more invested in my idea than I am. I don’t let my ideas lead me. I lead my ideas. I ruthlessly ignore ideas that don’t serve me. (Seriously, I’m a total jerk to my own toxic ideas: GET OUT OF MY LIFE, TOXIC IDEA!) I write interesting ideas down or use voice memos on my phone to capture them. Immediately. Because they will FLY away if I don’t! I schedule time...
My One Night Stand (A Full Confession)

My One Night Stand (A Full Confession)

With a headline like that, I’ll get straight to the point: Ashamed is how you feel in the morning. Or at least that’s how I felt. Can’t-look-myself-in-the-mirror-ashamed. And despite the awful shame, it happens again and again. It starts innocently enough: An adventurous glint in my eye, a pep in my step, The seed planted deep within my mind, nothing else will satisfy… I rush impatiently through my “regular” work and chores and errands. Sometimes it takes hours, sometimes days, but it always happens the same.  Sooner or later, I can wait no longer. The pull becomes too great. Everything else pales in comparison to the singular fulfillment of this one desire: I HAVE A SHINY, NEW IDEA! Bolstered by sheer will-power and determination, I start out confidently, thinking I know exactly how this love affair with a new idea is going to go: “Why, hello there, Idea. Ready to change the world?” But this Idea is not so easily tamed. After one or two rough nights of unmet expectations, I awake in the morning – bleary eyed and ashamed – and slip back into my “regular” life. Leaving the idea behind without so much as a phone number. I try to pretend it never happened. Have you ever had a great – I mean lightning-bolt-great – idea? Maybe while driving? Maybe in the shower? Maybe in those moments just before you fully wake up in the morning? Ever felt that idea slipping through your fingers the moment you do a little research and find a similar (or identical) idea already out there? Has an idea even broken your...
Learn The 5 Invisible Obstacles That Stop You from Reaching What Matters!