Navigation: | Home | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | | ||||||||
Entrepreneurialism Information |
Build Your Own Board Of Experts
The most successful entrepreneurs rely on their advisory boards to help spot new opportunities and potential pitfalls. Now you can have your own advisory board: a shadow board of directors. A shadow board of directors is a low-tech technique for accessing the expertise of others and increasing your confidence and options. A shadow board can help you get a variety of perspectives and access to information just like a regular board. Shadow boards of directors can push you out of your rut and help you find alternative solutions and expert advice. The only difference between a regular board and a shadow board is that shadow boards exist only in your own imagination. Because your shadow board is portable, light and easy to carry, it's always available. It will challenge you to sharpen your thinking skills and expand your perspective. Your shadow board of directors teaches you to consider the views of others whether you agree with them or not. It also makes available experts who are living or dead, known to you or strangers; talent you could never buy. To build your shadow board of directors, choose a variety of people for their strengths and skills. Choose them for their specific skills and talents, knowledge and gifts, no matter what their limitations might be. You'll be tapping their strengths, not their limitations. Make sure you have the people you need or could profit from, no matter how outrageous anyone else might find them. Use your shadow board of directors to help you think through and make tough decisions. You'll use them for input and advice.Some of the members will change depending on the topics or the questions, others will be your old standbys. My standard members include Einstein, just because he was so smart. I can only hope to emulate his thinking process. Liz Taylor is on my list because she is gorgeous no matter what her size, very loyal to her friends, not afraid to speak out on difficult or unpopular issues, and is one classy lady. I just wish I had her violet eyes. Marti Burns is a composite character, a combination of two cognitive therapists: David Burns, who wrote Feeling Good: The New Mood Therapy, the best book on combating depression I have read and recommended, and Martin Seligman, a psychologist whose pioneering work includes Learned Optimism and What You Can Change... and What You Can't. Together these two men, in my embodiment of Marti Burns, help me deal with my bouts of feeling bad and help me confront myself when I get into irrational thinking. I also check in with them when I'm faced with clients who present difficult interpersonal issues. Jane Johnson is another composite member, taken from two friends and colleagues who are the best technical manager and human resources manager I've been privileged to work with. Their high ethical and moral stance, willingness to do the hard work, and clarity in thought and action challenge me to meet their level of expertise. I ask them how they would handle the hard situations I face in corporate consulting challenges. Then I listen. For family issues, I look to Fitzhugh Gottman, another composite character. He is a combination of Fitzhugh Dodson, my favorite child rearing expert and John Gottman, known for his solid, experience based work with couples and relationships. No sound bites or stereotypes for these two. They know what works for kids and couples. The list could go on, but you get the picture. These are people I have known personally, or through their work, or in my image of them. I match their expertise to the challenges I face. If my question involves critical thinking and creativity, Einstein is always the chairman of the board. But I don't even think to include him for grooming or social questions. Liz gets the honors here. A quick conversation in my head with her, and I know how to solve the problem with dispatch, class, and grace. I wouldn't use her as my marriage consultant, though. Wedding consultant, yes; marriage consultant, never. A shadow board of directors complements the real experts you know and rely on. They can get you started with your own research, in your local library, browsing bookstores, and searching the Internet. By going step by step, asking good questions, and thinking through the answers, you'll get closer to the information you need to help you face your challenges. Start building your own Shadow Board today. (c) 2004, Pat Wiklund. All rights in all media reserved. This article may be reprinted so long as it is kept intact with the copyright and by-line. About The Author Business coach Pat Wiklund works with entrepreneurs who want to make and keep more money from their businesses. Assess your one-person business with her free business tune up ecourse: pat3-32222@autocontractor.com. Contact Pat at pat@leadinganorganizationofone.com
MORE RESOURCES: Unable to open RSS Feed $XMLfilename with error HTTP ERROR: 404, exiting |
RELATED ARTICLES
Why Most CEOs & Entrepreneurs Fail? Times are tough. The economy is in a constant state ofupheaval. Empathy - Not Business Plans - Key to Your Home Based Business Success - Do You Have Empathy? EMPATHY is a Natural Talent, you were born with it and you will never loose it. It can be a blessing or a curse in a home based business. What Kind of Business Should I Start? It's not uncommon to reach your 30s, 40s or even 50s and still wonder, "What do I want to be when I grow up?" Few people are fortunate enough to be certain of their destinies early on and the rest of us are forced to do some soul searching.The desire to own a business is becoming more common as workers grow more frustrated with the economy and working in corporate America. Venture Capital Negotiating Issues When companies enter into negotiations with venture capital firms, there are several issues which need to be defined and agreed upon. This article describes the key issues. Realism vs. Optimism in the Business Plan The most important function of a business plan is to create interest among investors so that they write a check. In achieving this goal, business plan writers are often challenged by determining the proper level of optimism in their plan. Something From Nothing, With Something To Share Betrayal, it can hit you like a load of bricks falling from the sky, leaving you with a pit in your stomach that no pill can cure.Starting your own business is hard enough, however when your inside people are working against you as well, it can make the toughest of souls weak at the knees. If It Was Easy Everybody Would Do It Q: I started my business about a year ago and everything is going fine. We're growing and making a profit, but the stress of running the business is really starting to get to me. 7 Lean Marketing Laws For The Inspired Entrepreneur The following laws will provide guidance on how to act,think and work in a lean way. You can apply these laws toall areas of your life, work and business to get biggerresults from the time you invest. Entrepreneurial Business Plan The Down And Dirty Way Does the idea of running your own business sound exciting? Do you have a business up and running and want to take it to the next level?After coaching hundreds of entrepreneurs at various stages of their evolution, I've found that the answers to these 5 questions can make or break any endeavor. Of course there are lots of other areas that must be addressed, however these will get you moving in the right direction quickly. Reducing the Stress of Being an Entrepreneur Starting and running your own business can be exciting and rewarding, but it can also be very stressful. For most of our almost 40 year marriage my husband has been an entrepreneur and I have sometimes worked with him. Four Steps to Entrepreneurship As more and more people start or consider starting their own business, it is important that they understand the core steps that are required to launch successful ventures. These steps include spotting, assessing, selecting and executing upon opportunities. Achievements Outweigh Education and Experience Q: When it comes to succeeding in business, which do you think is more important: education or experience?-- Regina M.A: Regina, have you seen the television show, Fear Factor? If you haven't seen it you've probably heard about it. Time Management Tips for Solo Entrepreneurs Does it seem like everyone and everything is vying for yourattention all at once? It can be hard for solo entrepreneursto know what to do first, let alone try to find the time to get caught up. Here are some time management tips that will help youto stay on top of it all:1. Face The Fear, Ladies Okay, I'll begin by telling you that I've been divorced for about 5 years, have an amazing family and by anyone's standards, I have a wonderful life.I worked in the film industry for almost 9 years for my ex-husband's company. Does It Really Take Money To Make Money (Online or Offline)? A Reality-Check of 2 Case Studies The short and simple answer to this question is NO!Now, before you start screaming that I am crazy, out of my mind, have lost my marbles and all the other things that generally get tossed around when someone has the nerve to state something like that, let me clear a few things up.It does not take a monetary investment to get your business off the ground (aside from the everyday items you already have around your house). Customers - Why Should They Buy From You? There are a whole range of reasons why customers buy aproduct or service. They usually buy to solve either real orperceived problems. Designing a Comprehensive Franchise Company Computer System One of the most important management tools a franchised company needs is a great computer system. The system must integrate with all the franchised outlets and also be able to interface with the Corporate HQ computer system. Work On, Not In Your Business Are you busy? Everyone's busy! Ask anyone they'll tell you how busy they are. But how many people are accomplishing real results?In your small business, it's easy to get buried in the myriad activities that demand your attention each day. Isnt it Time You Started to Fly? I am going to begin this article by sharing a shocking fact.. The History of the Franchise Business - Learning about Business Opportunities by Looking at the Past Hair care has been around as long as humans have been on the planet. The earliest record of personal hair care dates back 2. |
home | site map | Contact Us |