LearnShareProsper logo Boosting Business_Performance Adele Sommers
by Adele Sommers, Ph.D.
 www.LearnShareProsper.com Adele@LearnShareProsper.com 
In This Issue

November 30, 2006
Volume 2, Issue 24

"How-to" tips and advice on increasing business prosperity, published every other Thursday.

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Fall Greetings!

-- Feature Article: Setting the Criteria and Conditions for Success

-- Note from the Author: Cultivating an Attitude of Gratitude

-- Special Message: What Can You Be the Best in the World at Doing?

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Note from the Author

Cultivating an Attitude of Gratitude

Cornucopia of abundant harvestHave you seen the 90-minute Web video called "The Secret" yet? Once you do, I believe you'll appreciate how profoundly the universal Law of Attraction can influence our personal and professional lives.

The makers of this high-end production have spared no expense to illustrate this law: Whatever we believe, think, communicate, project, visualize, affirm, and give thanks for, we attract into our lives. In other words, whatever we put out, we get back -- a well-known tenet of many worldwide belief systems.

But what if we are attracting something that we do not want to see? We each have the ability to reshape our beliefs, thoughts, language, daydreams, and attitudes to match our desired state of being. One of the most important tools we have is gratitude, and it entails regularly offering thanks for everything and everyone for which we are grateful. The good news is that expressing more gratitude brings even more of what we appreciate! This core idea underscores the meaning of our Thanksgiving holiday, during which time we give thanks for an abundant harvest.

Personally, I'm grateful for your wisdom, insights, concerns, and ideas. Your savvy comments and feedback have challenged me to continue creating a steady stream of systems, products, tools, and information that help people grow and improve their businesses. I owe my success to you, and am deeply thankful for your sage advice.

So, I hope you enjoy today's feature article, "Setting the Criteria and Conditions for Success." Your insights fuel my work, so please keep sending them!

Here's to your business prosperity,

Adele
Adele Sommers, author of the "Straight Talk on Boosting Business Performance" success program

P.S. If you missed any previous issue, visit the newsletter index!

Special Message

What Can You Be the Best in the World at Doing?

"Good to Great" by Jim CollinsThis thought-provoking reflection is one of many from Jim Collins' excellent book, "Good to Great: Why Some Companies Make the Leap...and Others Don't."

Collins and his research team examined 1,435 companies to see which ones made substantial gains in profitability and sustained those improvements over 15 years or more. They found only 11 companies that, during the last quarter of the twentieth century, rose from mediocrity to greatness and stayed there -- topping many other prosperous firms that lacked the same endurance.

Those 11 star companies included some surprising candidates: once underperforming-to-average corporations such as Gillette, Walgreens, Pitney Bowes, Kroger, Fannie Mae, Nucor, and Wells Fargo. The team sifted through reams of data, painstakingly distilling a set of traits these firms shared that set them apart from other companies.

One of the eight characteristics all had in common -- which started these companies on their upward trajectories in the 1970s and 1980s -- was an unshakable adherence to becoming the best in the word at whatever they did. They each committed to doing only those things and nothing else. That sometimes meant dropping their core businesses to pursue other things at which they could become the best in the world.

Before you take another breath or head off in yet another direction, ask yourself, "What can I be the best in the world at doing?" The energy you expend toward pursuing something you can be the best at, compared to something you can't, may be exactly the same. So why not put your energies toward a world-class act?

Today's feature article offers more insights into this area. If you're wondering how to discover your world-class success criteria, contact me today for a no-cost initial consultation.

Feature Article

Setting the Criteria and Conditions for Success
by Adele Sommers

Do you have a crystal clear idea of what kinds of business undertakings align with your gifts, talents, passions, and strengths? If so, you are in an excellent position to choose the prospects that can give you the greatest satisfaction and results.

People puzzling over which path to takeIf not, this article explains how developing a set of "business success criteria" can help you select a worthwhile undertaking with much deeper insight, and thus establish conditions for successfully pursuing it.

Why is this crucial? Many people wander into businesses, projects, and professions opportunistically, meaning that they grab something that comes along because it's available and convenient. At times, this may be necessary for financial reasons. But unless we understand our underlying success criteria, we might not recognize the options that truly fuel and inspire us -- those best suited to our passions and strengths.

From "Corporate Passenger" to "Entrepreneurial Driver"

Identifying business success criteria can be easier for some people than for others. For example, those who leave corporate life to pursue an entrepreneurial endeavor may experience a more roundabout discovery process. For that reason, I'll use the following story to illustrate how this process might occur.

Roger and Roberta have grown tired of the grind and internal politics of corporate life. When their kids leave home, they conclude that it's time to switch to something more rewarding. But what? After a great deal of thought, they decide to start by contracting out their services to their former employers, which seems like the safest way to begin their transition. Later, they believe they will tackle some kind venture together, such as starting or buying a business.

After spending many years working as jobholders, however, their mindsets are still functioning in an employee mode. Because their outlooks revolve primarily around meeting the expectations of others, Roger and Roberta simply haven't developed their own sets of values, visions, and goals.

Moving into the driver's seat of a racecarIn some ways, they feel as if they've been passengers in the back seat of a moving car, unable to steer. To pursue starting or buying their own business, they'll need to find a way to move from the "passenger's seat" to the "driver's seat" where they'll have better visibility and more control over their destinies.

And although they don't realize it yet, doing this will mean changing their mindsets. They'll first need to shift from thinking like employees to thinking like contractors. Then they'll need to start thinking like consultants. Ultimately, they'll need to think like entrepreneurs.

Seeking Their Business Success Criteria

Roger's and Roberta's journey occurs in three stages as they gradually make the shift from one mindset to the next.

1) Making the transition from employee to contractor

As Roger and Roberta begin contracting their services to their former employers, they learn how to set up their own business identities, home offices, schedules, and accounting systems. Yet much like their prior employee days, they continue working with the same familiar people to meet the same unexceptional expectations.

Soon, the projects they're working on seem tedious and dissatisfying because of the highly predictable problems and shortcomings. Eventually, Roberta and Roger begin to question what they're really seeking from self-employment. They secretly yearn to climb off of the tiresome treadmills that characterize their current working mode.

2) Making the transition from contractor to consultant

After much discussion and introspection, Roberta and Roger recognize that they have not yet developed an independent perspective on their professions. They see that everything they've done thus far satisfies someone else's conventions rather than their own.

Consultation in progressToday, however, they're operating in a self-governing mode. They have no need to view themselves as quasi-employees if they choose to see themselves differently.

It begins to dawn on Roberta and Roger that their former employers are currently their clients, and they are consultants (guides and advisers), in addition to being contractors. This means they have a right -- and a need -- to set their own policies and develop procedures and best practices for their service businesses. Whenever their assigned projects backfire with predictable problems, they don't need to quietly defer to the people making mistakes. They can make proactive recommendations.

Roberta and Roger also see that they can look for new clients whose outlooks and approaches align with their own. When they better qualify their clients, they'll have more satisfying working relationships and outcomes. They are no longer feeling the need to accept clients on a financial basis only; nothing seems worth the hassle and stress of bad relationships and projects. This realization represents their first major step toward establishing their own business success criteria.

3) Making the transition from consultant to entrepreneur

Roger and Roberta are happier, but still unclear about what represents an ideal scenario and how they would know it if they saw it. They resolve to undertake a methodical, soul-searching process to better align their business goals with their mission in life.

Checklist of business success criteriaDuring this process, they meticulously identify their passions, purpose, strengths, gifts, life themes, and core values. By the end, they have a list of specific ways in which they can judge future business ventures, partners, clients, and projects. Some of the criteria are more practical and others more lofty. But each selected criterion seems crucial to achieving balance, fulfillment, and higher contribution in their lives.

For example, their criteria include everything from maintaining a healthy mix of work and recreation to seeking only what they believe they could be the best in the world at doing. Roger and Roberta then assign numerical weights to their criteria. In this way, they create a powerful checklist for comparing, scoring, evaluating, and then selecting future business ventures, which will thereby set the conditions for success.

In conclusion, aligning our life passions with our business purpose helps us define our business success criteria. When we shift into an entrepreneurial mode, especially after many years of corporate employment, these criteria illuminate how to choose the right situations, and establish the conditions for successfully pursuing them.

Copyright 2006 Adele Sommers

The Author Recommends

Concentration on Your Core Focus

"Concentration is the key to economic results. Economic results require that managers concentrate their efforts on the smallest number of activities that will produce the largest amount of revenue...no other principle is violated as constantly today as the basic principle of concentration....Our motto seems to be: let's do a little of everything."

-- Peter Drucker

About the Author

"Straight Talk" Special Report
"Straight Talk" Workbook

Adele Sommers, Ph.D. is the author of "Straight Talk on Boosting Business Performance" -- an award-winning Special Report and Workbook program.

If you liked today's issue, you'll love this down-to-earth overview of how 12 potent business-boosting strategies can reenergize the morale and productivity of your enterprise, tame unruly projects, and attract loyal, satisfied customers. It's accompanied by a step-by-step workbook designed to help you easily create your own success action plan. Browse the table of contents and reader reviews on the description page.

Adele also offers no-cost articles and resources to help small businesses and large organizations accelerate productivity and increase profitability. Learn more at LearnShareProsper.com.

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