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Many business owners are caught in a difficult cycle of overworking and getting frustrated when setting up their businesses. It's often one of the most challenging aspects of entrepreneurs. However, there are many ways to cut through this chaos and take back that freedom.
Peter Mohr, a business coach and host of the Simplifying Entrepreneurship podcast – talks about how to go through the process of taking back that freedom. Specifically, he joins the podcast to talk about how entrepreneurs reduce frustrations and set up the right framework for your business. Essentially, making one feel that you are the owner of your business and not the other way around!
Wheel of momentumThe six C's to momentum starts off with clarity, you need to be clear about what you want to do. Because clarity brings you confidence, we don't move ahead without confidence. So if you're not feeling confident, you got to rewind a little bit and build more clarity. And once we have the confidence, we're looking to build competence. And competence often happens when you look into the strengths of your team and the things that you have at your disposal. Sometimes it's an outsource partner, or whatever the case is. As the old concept goes, you don't always need to know how to get something done; you need to know who can help you get it done. However, entrepreneurs seem to get tied up often because they're spending all their time trying to figure out how to do something instead of spending half that time finding out who can do it for them.
And once you found the cooperation within, you've built your competence, confidence, and clarity, and then we're building capacity. And once we start building capacity, well, that's when things get exciting. Now I'm feeling the momentum. You can feel it sort of building up within your team within your organization within your mind as a leader. And once you start feeling comfortable and others see that's not in the model. And once you start feeling comfortable around this, you can be creative again. Because we lose our creativity when we're in a situation of frustration, or we lose our creativity because we don't have the confidence actually to think we can get through. That's why it's a wheel. That's why it starts to run because as you get the system, it just kind of rolls through, and you gain that momentum. And it's really exciting when you can have these little frameworks and systems that pull you through, for it just works a lot better that way.
Accountability ChartA big piece of business is setting up that alignment process whereby you can delegate things to someone else. So when you have that, and you're outsourcing essentially, either to somebody on your team or outside of your team, those accountabilities, all you need to do from a leader's leadership side of things is to have it systematize and the processes in place. You don't need to make all those decisions. And as leaders of your organization, the biggest piece of the puzzle often is just making the decisions. But you don't have to make the decisions at the low level of your organization. Let other people tackle that, for that is their unique ability, that's their centre of strength, and it's freeing you up as the leader to make the decisions on the things that aren't already systematized that aren't already processed, that aren't already set up in that way. Because everybody in your organization wants to have a certain amount of authority, they want to own certain things. It would be best if you learned to trust the people you're with and give them that trust so that they can run with the jobs they need to do. And you're not micromanaging in there.
Five PsOne of the biggest things business leaders deal with is the five Ps. The five P's...
Many business owners are caught in a difficult cycle of overworking and getting frustrated when setting up their businesses. It's often one of the most challenging aspects of entrepreneurs. However, there are many ways to cut through this chaos and take back that freedom.
Peter Mohr, a business coach and host of the Simplifying Entrepreneurship podcast – talks about how to go through the process of taking back that freedom. Specifically, he joins the podcast to talk about how entrepreneurs reduce frustrations and set up the right framework for your business. Essentially, making one feel that you are the owner of your business and not the other way around!
Wheel of momentumThe six C's to momentum starts off with clarity, you need to be clear about what you want to do. Because clarity brings you confidence, we don't move ahead without confidence. So if you're not feeling confident, you got to rewind a little bit and build more clarity. And once we have the confidence, we're looking to build competence. And competence often happens when you look into the strengths of your team and the things that you have at your disposal. Sometimes it's an outsource partner, or whatever the case is. As the old concept goes, you don't always need to know how to get something done; you need to know who can help you get it done. However, entrepreneurs seem to get tied up often because they're spending all their time trying to figure out how to do something instead of spending half that time finding out who can do it for them.
And once you found the cooperation within, you've built your competence, confidence, and clarity, and then we're building capacity. And once we start building capacity, well, that's when things get exciting. Now I'm feeling the momentum. You can feel it sort of building up within your team within your organization within your mind as a leader. And once you start feeling comfortable and others see that's not in the model. And once you start feeling comfortable around this, you can be creative again. Because we lose our creativity when we're in a situation of frustration, or we lose our creativity because we don't have the confidence actually to think we can get through. That's why it's a wheel. That's why it starts to run because as you get the system, it just kind of rolls through, and you gain that momentum. And it's really exciting when you can have these little frameworks and systems that pull you through, for it just works a lot better that way.
Accountability ChartA big piece of business is setting up that alignment process whereby you can delegate things to someone else. So when you have that, and you're outsourcing essentially, either to somebody on your team or outside of your team, those accountabilities, all you need to do from a leader's leadership side of things is to have it systematize and the processes in place. You don't need to make all those decisions. And as leaders of your organization, the biggest piece of the puzzle often is just making the decisions. But you don't have to make the decisions at the low level of your organization. Let other people tackle that, for that is their unique ability, that's their centre of strength, and it's freeing you up as the leader to make the decisions on the things that aren't already systematized that aren't already processed, that aren't already set up in that way. Because everybody in your organization wants to have a certain amount of authority, they want to own certain things. It would be best if you learned to trust the people you're with and give them that trust so that they can run with the jobs they need to do. And you're not micromanaging in there.
Five PsOne of the biggest things business leaders deal with is the five Ps. The five P's...