Archive for the ‘Business’ Category

Why a Success Coach?



A coach is someone who helps clients discover his dreams and goals, his values, his priorities and his boundaries. A coach rarely offers advice on what to do; her role is to lead the client to identify the problem, the options and to choose a solution. A coach asks questions ‘ especially the tough ones. What are you afraid of? Who is waiting for you? What is it that you don’t want to tell me?

A coach is on the journey with the client sharing victories, experiencing challenges, resourcing solutions together.

As the teacher, or the coach, you also have to be a student. You are on a continuous learning path. In fact, it is in the process of coaching that you learn the most.

People who want to be schoolteachers need to learn how to teach. If you’re going to be a success coach, doing your best won’t be enough. You need to learn how to coach. You need some skills.

If you start to coach without creating a foundation, you’re still likely to have success in the beginning. That success comes from your excitement, your energy, and your ability to transfer that excitement to others. Their lives will improve simply because they’re paying attention. Yet what happens when six months or a year passes by and all of a sudden the results drop off, and you don’t know why. It will be because you don’t have a system.

You won’t be an expert or an authority in every area you discuss. As a success coach, what you will do is help others find their own answers, silently companioning them. It’s not my job to tell my client what to do with his life, but it is my job to help him find out for himself what to do to take his life to the next level.

Do you want to be a good student? Then be a good coach.

Whether you think you want to be a coach or not, you should be. Enter into the business of coaching ‘ it will benefit your life; it will be the catalyst for you to step into greatness. When you learn to coach others, you become the best student of all. As you coach from within yourself, outside of yourself, you often come up with solutions for your own issues while helping others discover theirs.

As you go become a coach, you’ll learn to be flexible, and you’ll coach in areas that you may know nothing about. And that’s perfect because you don’t need to know content, you just need to know people. You’re an expert on people, because you are one! You are on the outside looking in. You have a perspective that your client doesn’t have.

A coach is the bridge between information and action. There is a difference between knowing and doing. Some people have the solutions to their problems, but lack the impetus to get going. Some have the solutions and aren’t aware. And some need guidance in discovering the answers they seek. But answers alone are not enough. Solutions without action result in the same outcome as not having the solution at all.

You, as the coach, believe more in your client than she believes in herself. You see her as perfect. You see the obstacles behind which lie her successes and you lead her around, over and through those obstacles.

You guide your client through the discovery process. You create a system of accountability to help the client take action on his discoveries.

Coaching is about being real. Dealing with what is, rather than what isn’t. Developing a bond of trust. It is about opening up to each other.

Coaching is also about knowing yourself. So much of coaching is based on instinct, and questions, and internal examination. If you’re not on a journey of self-examination, you’re not in tune with yourself, and you’re not congruent with what you’re asking of your clients.

You need to get real with yourself - know your strengths, and your challenges. Know your personality - how are you likely to act, to react, to choose to do work. Know your striving instincts to get work done. Know your skill base. Know your limitations, and where to get resources.

When clients are looking for a coach in their lives, a life coach, a success coach, they’re putting their dreams in your hands. They trust you with their lives, their hopes. It’s not something they choose lightly ‘ there is a lot at stake in giving you that trust. It’s not what they stand to lose that scares them. It’s what they stand to gain by choosing the right person to guide them.

You will create miracles. Miracles happen all the time, although we don’t always identify them in that way. You’ve heard stories about life-changing experiences. The help you give can change your client’s life. A miracle is a shift in perception. All you have to do is shift someone’s perception of the way she sees her life or the way she approaches certain things, and a miracle happens. One minute she’s literally going off the road; the next, you have picked her up, set her going in a new direction and her life is changed forever. And you will do it again and again.



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Posted on November 17th, 2008 by admin  |  No Comments »

Considering Business Life Coaching? It’s About Coaching Success



Most of us have been coached at one time or another in our lives. For many of us it took place in grade school and high school. You may have been coached in athletics, dance, drama, debate or some other area. Regardless, coaching is about creating a winning performance strategy and a successful outcome.

Business life coaching and business coaching are no different. Their goal is to help you create your own performance strategy and design the successful outcome you desire. Business life coaching may differ from business coaching in some cases. Ultimately both are about the individual who is being coached. One may have a slightly narrower focus on business outcome but regardless, the success of coaching rests on the individual being coached embracing personal growth to change their thinking.

How do you create that winning performance strategy? Whether you have a small business coach or not there is one essential ingredient that can help you to move to the success you desire more quickly. You must have a finished picture of the future in your mind. Once you do then it will become clear as to what you have to do in the present to have the future you desire.

And, to have the future you desire you must embrace change. Only when you change your thinking will you change your habits. When you change your habits you will change your activity. It only follows when you change your activity you will change your results. And, when you change your results you will change your life.

How do you find the right coach for you? It is a question with no easy answers because there are coaches for virtually any area you can think of. Are you the entrepreneur successful in many ways but wanting to upgrade areas of your life? Are you in a corporation looking for executive business coaching? Do you have a small business running well yet you want more small business growth?

Here’s a specific example that may help. Let’s say that small business growth is your main concern. In this instance, it might be best to find a business life coach or business coach with a small business background along with a strong emphasis on personal growth. Why? In small business the business will grow only to the extent of the personal growth of the owner and key employees. Ultimately, the best coach for most is the one that can help you design pathways to your success. Understanding and good chemistry are essential for a successful coaching experience.



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Posted on November 11th, 2008 by admin  |  No Comments »

Prime Yourself For Online Business Success



Are you interested in pursuing a simple work from home opportunity on the Internet? Do you want to increase your chance of online success? Do you realize that besides time and effort that are obvious driving factors of a fruitful result, there are a few other principles to go by in order to maximize your chance of success with your work from home online opportunity? Here they are.

1. See the big picture of success

The importance of seeing the big picture of success is often neglected. It really should be one of the first things taught in all training manuals. Building a business, whether online or off, is like building an architecture and involves a comprehensive approach from the ground up. It takes time to build the structure to its completion, and it does not happen overnight. As an online opportunity prospect, you need to be aware that you should commit to completing the project and not call yourself a failure prematurely.

To see the big picture of success is not hard. Just commit to seeing it without relenting. If so many others have succeeded online, there is no reason that your chance is lesser in any respect.

2. Set small, attainable goals

The building of an online home business consists of the accumulation of many small steps. Identifying what these small steps are is critical in making any progress. These small steps should be specific and easy to execute. Examples of these plan items are:

> Submit to 10 web directories per day

> Write 3 blog entries per week

> Write 2 articles a week and submit to 25 directories etc.

On the contrary, become a millionaire in 12 months, though admirable, is not a good goal as it is vague and unlikely to reach by most people.

3. Follow a simple work routine

A simple, daily work routine works the best when accumulation of small accomplishments is what is called for in building a work from home business on the Internet. Start from the easiest tasks such as submitting your website to web directories. It does not require sophisticated knowledge of Internet marketing and only requires some time and tolerance for boredom.

When the initial simple routine is solidly established, you should build upon it another routine. For instance, if submitting to 10 web directories a day has become habitual, you should try to expand the range of activities to perhaps blogging. Once both directory submission and blogging have become routine, perhaps you can add article marketing.

You can always move faster if you can manage it. The point is not to spread yourself too thin at the beginning, which may lead to distraction and disappointment.

4. Have persistence

This may be a cliché but truly a time-tested piece of wisdom regarding building a work from home business on the Internet. Persistence does not mean three months, six months, a year, two years or more. It means however long it takes and whenever it happens, which could be sooner for some people but later for others. An online home business is just like any other business in that it has an infrastructure that can be built only over a period of time. Without some level of persistence, the online business will not even get a chance to be put together.

5. Look for a trustworthy mentor

The power of a good mentor is indispensable. A mentor can save you time, money and a lot of headaches. There will also be times when the goings get tough, and you lose your bearings, motivations, or both. This is when a good mentor can really bring you back to the big picture and help you see how much closer you have come toward your goal.

In short, building a work from home business online is a complicated undertaking that requires vision, strategizing and persistence. Those who can prime their mindset for success ahead of the game, as explained in the 5 points above may have a better chance of success with their effort.



Are You Looking For A Realistic $250K First Year Income Potential?

Posted on October 15th, 2008 by admin  |  No Comments »

Team Building Corporate Events Ideas



Imagine a typical corporate event. A medium sized room is packed with a couple of hundred of a company’s employees. All of these people have similar expressions on their faces as they listen to a speaker up at the front drone on about bottom lines and human resource goals, and think about the free meal at the end of the next presentation or the ten minute breaks which will serve to portion the day into more manageable chunks.

This is probably a scenario with which any human resource expert is more than familiar. Although the goals of corporate events are usually quite admirable and even exciting to the planners, often the day does not play out as well as anticipated in practical terms to the employees and managers in attendance. One solution which many companies have begun to incorporate is adding interactive activities into events, allowing information to be taken in peripherally while achieving the secondary purpose of team building.

Two way interactive technology of the same kind that can be found in restaurants, sports bars, and pubs across North America is now available in “portable” setups for use in any conference or event setting. This technology allows small groups to participate in, for example, trivia style games or mock sports events which are ideal for building a sense of teamwork among any group of individuals. Imagine the participants at a corporate event, instead of trying to keep up with (and stay awake for) the facts being highlighted on a far-off power point screen, working together with the people around them to make the right call on a policy issue, or guess the new features of the latest product line.

If you’ve ever participated in a team challenge event, you know that it is one of the quickest and most successful ways to erase the barriers between individuals within a group and allow them to function together as a unit. The ability to challenge other groups and interact as a team has proven to be a successful building block towards unity outside of the event for co-workers who formerly saw themselves only as individuals. Incorporate interactive technology into your corporate event and watch as your employees come awake to forge cohesive, cooperative bonds that will allow them to function more efficiently in the workplace.



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Posted on October 15th, 2008 by admin  |  No Comments »

Women and Wealth



Copyright (c) 2007 Chiswick Consulting Limited

Nearly 80% of all purchasing decisions are made by women. Women make the choice of which holiday 92% of the time, which bank account 89% of the time, in DIY 80%. Even the purchase of the family car is decided solely or mainly by women in 60% of cases. Women’s wealth continues to grow. Between 1970 and 1998 men’s median income rose by 0.6 percent whilst women’s rose by 63%.

The importance of developing products and services that meet women’s needs cannot be overstated. When buying financial products and services, wealthy women have certain needs and concerns which are different to those of men. Understanding why and how women create wealth, where they invest and why is critical to those who wish to sell financial service products to this potentially huge and poorly catered for group.

In 1998 the average male millionaire in the UK was worth £2.7 m (US$5.42m), while the average female millionaire owned just £1.28 m (US$2.56m). By 2006, women had caught up considerably, with the average female millionaire worth £1.97 (US$3.94m) compared with £2.96 m (US$5.92m) for men.

The increase in female wealth has not been limited to developed countries. In 2006, the female paper tycoon Zhang Yin was listed by the Hunan Report as the wealthiest person in China with an estimated US$3.4 bn.

So how are women creating this wealth? The traditional sources of money for women have been inheritance from parents or husbands or financial gain via divorce. Whilst these methods for achieving wealth are still evident, an increasing number of women have created their wealth through their job or through the ownership of a business.

Whilst men’s major motivation for starting a business is financial gain, women tend to cite flexibility, freedom (from corporate structures and politics) and financial gain as the main reasons for setting up on their own. Holly Sargent, Senior Associate Dean for Advancement and Senior Director for University Women’s Studies at Harvard University points out that when women start a business it often does not have the sole purpose of generating wealth. “The businesses are more likely to be family orientated, less commercial and more socially or more ‘gap in the market based’….A lot of new products are created to fill female-oriented gaps in the market.”

Income from investments has become an important source of wealth for wealthy women. Up to 38% high net worth women in Asia cited income from investments as one of their three most important sources of wealth. In Europe, this was lower at 24% with 64.6% stating income from their job as one of the three most important sources of income. Independent of their husband or family, women are creating their own wealth through investments, ownership of a business or through a well paid job.

Motivations for amassing and protecting wealth are almost identical for men and women. Financial security in retirement is seen as the main priority followed by a better personal lifestyle and enjoyment of the finer things in life. In other words the goals appear to be neatly divided between spending on the present and saving for the future. More intangible factors such as status and the sheer enjoyment of making money, come much further down the list.

Women want wealth to enjoy a better lifestyle. They spend their leisure time and disposable income on holidays and home improvements, just like men. The only significant difference in spending is that men are likely to spend a greater proportion of their disposable income on cars and gadgets whilst women focus on clothes, jewellery and watches ‘ so far the clich?olds true.

However, women do invest quite differently to men. Women are far less likely to take risks with their money, whether in their personal finance or business affairs. Research suggests that more men than women invest in financial products that are considered to be at the riskier end of the financial spectrum such as hedge funds, private equity, structured products and derivates.

Women take longer to come to a decision about what to invest in and are less likely to go to a third party for advice than men. Men are more likely to consult tax specialists, accountants, private banks, brokers and the media. The only source of advice that is more widely used by women than men is the high street bank.

This does not mean they are less successful or able investors than men. In Tom Peters book ReImagine! he quotes the National Association of Investors on the returns of investment clubs. Whilst men only clubs delivered 15.6 percent, women only clubs delivered 17 percent returns.9 percent.

Wealthy men are more likely to use personal trainers, chauffeurs, chefs, alternative health practitioners, property search agencies, lawyers and private banks than women. However, wealthy women are more likely to use what may be considered ‘lifestyle’ services such as personal concierge and shopping services, life coaches, personal stylists, bodyguards and private doctors.

Women tend to invest to reach a particular goal, for instance, a college fund, retirement, a major holiday. Once the investment goal has been reached, women are more likely to ‘protect’ the fund rather than put it at risk through further investment.

So what are the conclusions that can be drawn about marketing financial products and services to high net worth women:

1. Whilst products do not have to be marketed as a ‘women only’ product, they do need to provide clear, comprehensive information from which the individual can make an informed choice. As many of the women will be making investment choices without the benefit of advice from independent advisors or tax specialists, everything produced must be jargon free and in plain English. Provide well researched information and help via an on line help desk or information line.

2. Build a relationship through education. Educate women about financial matters that may concern them depending on their age or lifestyle.

3. Develop products ‘themed’ around issues such as ‘wedding’, ‘college fund’, ‘retirement’ Encourage continuing investment in multiple closed end funds

4. Women do hire personal trainers and are prepared to pay for the personal touch. A ‘financial coach’ may be the incentive a woman needs to invest in a particular product or organisation.



Serious Entrepreneurs ONLY Beyond This Point!

Posted on September 17th, 2008 by admin  |  No Comments »

Wealth-building for the Wedded



It may not be the most romantic notion, but the fact is, getting married is good for your wallet.

A recent report published in the leading financial magazine The Economist highlighted the economic consequences of marriage, one of them being that, on average, those who marry end up four times richer than those who don’t.

The simple act of marriage can generate wealth for various reasons. Combining resources, living cheaper and a heightened sense of responsibility come with the territory when two people become a union.

According to The Economist report, married American men earn 10 to 40 percent more, work harder, drink less and tend to save and invest more. While marriage can sharply enhance assets, divorce can swiftly send them in the other direction.

I believe The Economist report clearly shows that the culture of marriage is progressing a bit in this country. The divorce rate is down about 10% from its high of 53 percent in the U.S., and I think it’s because people are becoming a little smarter about what they want and are communicating those needs.

That’s not always the case, of course. First and foremost, a couple should have similar financial goals and discuss those plan before tying the knot. Second, a pre-nuptial agreement is recommended to preserve acquired wealth. Finally, when it comes to marriage, always hope for the best, but prepare for the worst. Contact a good attorney and take action to create asset protection tools.

Putting together a smart financial plan with your new partner is absolutely essential for any married couple. You have to prepare for life’s eventualities, and the simple fact is that married people don’t stay married about 50 percent of the time. It’s a lot easier for everyone involved if and when that time of separation comes that all money issues are in order.



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Posted on June 18th, 2008 by admin  |  No Comments »

Common Wealth Building Myths



There are some common myths that hold work at home businesses and investors from achieving success. These myths can has a powerful psychological impact on small business owners, stopping them from building wealth, and preventing them from reaching their full potential.

Money breeds Money

This may have been true pre discovery period, but it is not true in the Internet age. The myth that you need to be born into money, or attend an Ivy League school, or you’ll never know how to make real money is a difficult roadblock to overcome.

Millionaires are made every day. Most start with nothing, and use a program that failed for thousands of other business owners. Bill Gates, Ophra, and Martha Stewart all started from humble origins.

Money is Made on the Backs of the Poor

If you are afraid of going for the brass ring because you fear ruining someone else’s life, then relax. Your playbook can be moral, ethical, and built on old fashion values, and it will lead you to untold wealth. The easiest way to become rich is to create value in other people’s lives.

This myth is high-grade, premium quality nonsense. There is enough money for everyone. Many ‘work at home’ programs prove this. The company may sell 10 000 programs. Just because only 100 people succeeded doesn’t mean that the program was a rip off. Those who do not succeed don’t believe they can.

Remember that success starts in the mind. You need to believe that you can succeed before you will succeed.

You Must Sacrifice Family to Build Wealth

The baby boomers believed this and introduced one of the highest divorce rates in recorded history. However, their children have learned the value of balance, and the truth behind wealth. The rich and famous do not work as hard as the factory workers who run the companies that built their wealth.

This generation has coined a new phrase, ‘work hard, or work smart.’

There’s a difference between working hard and working smart. Successful people learn to work smart. They learn emulate successful people and use them as models so they can avoid mistakes other people make.

You can save a lot of time, money, effort as well as some major headaches by finding a mentor, or hiring a life/success coach.

Getting your business started and running require work but you can chose to have a successful business and a family.

Rich People Cannot Live Normal Lives

Most of today’s millionaires live in suburban towns and lead normal lives. The dream of living the rich and famous life has lost its luster. More people are learning that the fantasy of wealth was more attractive than the reality.

However, you can live the good life without giving up a normal life. There is no reason why you cannot take a vacation with your family at a local camp ground on the weekend, and then attend a conference in a $2 000 outfit and $800 shoes through the week.

Don’t let the fear of being rich stop you from reaching your dreams.

Life is sweet. It will be what you decide to make it as long as you remember that no one can define who you are - unless you give them the power to.



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Posted on June 15th, 2008 by admin  |  No Comments »

Building Wealth With a Wealth Building Strategy



Almost everyone gets bombarded with the schemes stating various ways of building wealth within a short span of time. Certain people equate it with scam. However, if you happen to be dedicated enough, pulling what is being tried by everyone so hard for getting rich quick wouldn’t be all that difficult. All you need to do is to plan a proper wealth building strategy.

These days, there are several options for you with regards to building wealth. Some of them include the conventional MLM marketing, internet business, network marketing, investment, etc. All of these are doable, guaranteed, and good. Getting in to 1 or 2 of such kind is indeed a wise decision. After all, majority of get rich fast schemes offer this only. It should, however, be noted that apart from putting the money at a place where it would multiply, you end up doing much more than simply marketing and selling.

After having chosen 1 or 2 amongst the above mentioned endeavors, it would be the time for planning a bit of a support system relating to building wealth ASAP, i.e. as soon as possible. Certain wealth building tips need to be followed for landing on the port named ‘build wealth’ successfully. Let these tips be glanced through.

Use of savings account

The savings account of yours should be made use of on the regular basis, i.e. the deposits must be carried out without fail, apart from the deduction of payroll which is automatically done by the bank. The above procedure should be strictly followed; otherwise you would never know the importance of saving money. Building wealth won’t be possible then. If you are used to deposit the money in the checking account of yours, be more careful, as the money resting with checking account is likely to be spent more frequently.

Many people argue on this count. They defend saying that the saving account is untouched. Though, this is true, remember that being a miser sometimes can help you a great deal in the long run. Experts have suggested that the payroll deductions should be set between the range of $100 and $250, in order to have a continuous climb to money of yours in bank. It is rightly said that ‘Money saved is money earned’. Thus, this can prove to be a catalyst in terms of building wealth.

Getting rid of the debts

Debt can be referred to as a quicksand. The more paid by you, more debts would be made. You would then sink to such an extent that you would be up to your neck with respect to debts. If you happen to deduct the entire debt of yours from money in your savings account, you would hardly have anything left. Hence, it’s much better to have the debts of high interest rates paid off before you go on thinking regarding living in mansion. So, you can draw the conclusion that debts also contribute in building wealth. In fact, handling debts is the biggest secret to building wealth.

Get motivated

This tip might sound cliché, but would definitely help if thought over from the point of view of a businessperson. You should never put your efforts down. To surrender is always easy. However, note that people getting motivated the most, along with willingness for working hard, actually scale heights in terms of building wealth.



Are You Looking For A Realistic $250K First Year Income Potential?

Posted on May 10th, 2008 by admin  |  No Comments »