How Business Owners Can Build Good Habits
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The most successful entrepreneurs all say they build good habits. Would you say you have good habits?
For example, we coach business owners to ‘eat the frog’ – do the task you dread the most first thing of the day. If you don’t? You’ll spend the rest of the day doing everything you can to avoid having to get to work because getting to work means you’ll have to do that difficult thing. So you’ll do all kinds of lower priority things like—
- Wander out of your office to chat with a few people
- Make a couple calls home
- Do tasks that are easier than that ‘frog’ even though they’re not due until next month
- Help someone with a task whether they asked for your help or
not
How do you build good habits?
In our April Growth Plan Workshop, we’ll review "Atomic Habits: An Easy and Proven Way to Build Good Habits and Break Bad Ones" by James Clear.
The main idea is that small seemingly unnoticeable actions are what really build good habits. Clear says the math works like this… Improving by 1% a day for a year results in improvement 37 times that; if you get 1% worse each day for a year, you’ll decline to nearly 0. So you can’t expect to build good habits in a week or a month or a quarter.
Good habits we recommend that business owners build:
- Meeting rhythms—monthly sales meetings, bi-weekly leadership team meetings, etc.
- BI-monthly and monthly financial reviews
- Eating your daily frog
- Helping your people build good habits
How can Clear’s method be applied to you and your business? We break it down for you in a few easy-to-follow steps you can read here in our full blogpost.
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Growth Plan Workshop
April 14 2022
Holiday Inn Indianapolis Airport
8555 Stansted Road, Indianapolis
9 am - 3 pm
Discover the potential in your business by completing your Single Sheet Business Plan. Then break it into quarterly, monthly, weekly & daily goals and get a line-of-sight from your daily tasks to your 10-30 year purpose. Step out of the day-to-day business for just 1 day, get organized, complete a prescribed planning process, and walk away with an action plan that leads to greater profits and free time back.
For owners & leaders of small to medium sized businesses. Bring your 2nd-in-command or your whole leadership team!
*Registration Required
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