One of the greatest myths in the business coaching world is that someone can teach you how to work very little and make a lot of money. The truth is that most successful business owners can work fewer hours and make more money because they are generally working too many hours and making too little money, but there are specific reasons for it.
Reason #1 – They don’t know how to let go. Letting go can become dirty words to owners that have been burnt by trying it without proper preparation. I even heard someone recently refer to it as “jumping off a cliff without a parachute”. My message…it doesn’t have to be that way.
Reason #2 – They don’t have the right education. I’m not talking about a “formal education” here, I’m talking about the kind of education that can come from self-learning and surrounding yourself with specialists and advisors you can trust.
Reason #3 – They don’t have the right perspective. When you change your perspective…your results will change. I had a client recently who was quite stressed about the impact the fall in oil prices was having on his business. As we began to ask ourselves better questions, and pursue the answers bringing both of our experience to bear on the outcomes, we uncovered more opportunities than we needed to “right his ship”.
Who do you know, who is working too many hours and not making enough money in their business?
Clint Best is a business coach and the founder of Kaizen Business Coaching in Kelowna, BC. Clint has been guiding forward thinking business owners through change and growth since 2002.