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How
to Achieve Your "Perfect" Financial Consulting Business
(and
Stop Dying from "C" Sickness)
by Bruce
R. Wright
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If you could create
the perfect business, what would it be like? How would you spend your business time,
talent and resources? If you could eliminate your least favorite, most annoying,
least profitable activities, what would they be? Imagine what your perfect business
calendar would look like, then compare it with your actual existing calendar.
Achieving the perfect business is not a quick or easy process, but it is always worth
the effort. Following a presentation to a group of lawyers, accountants and financial
advisors, I was approached by a legal professional who had been feeling overwhelmed
by his workload, continuing education, lack of personal and family time, etc. He
had felt trapped, hopeless and helpless to do anything about his miserable condition.
During the presentation he had discovered that it was indeed possible to visualize
both a perfect calendar for his life and a perfect calendar for his business
activities. One important step in achieving your perfect calendar is to realize how
you became so entangled in the existing morass. The truth is that most professionals
are quickly overwhelmed by "C" level activities. They spend an inordinate
amount of their time, talent and resources on less profitable or even annoying activities
than they should. Since nobody starts out with the intention of wasting their precious
time, talent and resources on "C" level activities, how does it happen?
How did he and so many others end up in this condition?
While this lawyer was pouring out his heartfelt thanks for his new found greater
vision and sense of purpose in his life and business, an image flashed through my
mind. I learned a long time ago that when one is thus inspired it is usually a good
idea to share it with those to whom it applies. Here is what I said to him, ģWhile
you were speaking, an image popped into my head which I think is relevant to you
and everyone else who is 'dying from C sickness.' I just flashed upon a scene from
the old sci-fi movie, The Blob." He vaguely remembered the movie. "Do
you remember that the Blob moved extremely slowly yet somehow was able to sneak up
on people then totally engulf them and absorb them? In fact, some people saw the
Blob and while trying to avoid being consumed by it, they would trip over themselves,
hit their heads on a table, knock themselves out and then the Blob would consume
them. Those that saw the Blob and remained focused and calm were able to easily escape
its awful clutches."
Essentially, the Blob is all the "C" level activities that engulf you,
absorb you and drain the life out of you. Putting first things first is critical
if you are to save yourself from the "C" sickness that is killing or at
least diminishing you. So, here is the super-condensed overview of how to save yourself
from the Blob and achieve your perfect personal and business calendars.
1. Make a list
of the most fulfilling and profitable activities you currently engage in or want
to be more involved with.
2. Make a list of those activities you like least, procrastinate, are minimally
profitable, are unfulfilling, boring or just plain annoying.
3. Imagine if you could wave a magic wand and throw out your current calendars
(personal and business) and starting from scratch create the perfect calendars, what
would they be like? In what ways would the perfect calendars be different from
the existing calendars?
4. Have more respect for your time, talent and resources. Then prove it by
taking action.
5. Commit to change only a little at a time. For example, eliminate three
hours a week currently spent in "C" level activities. This can be achieved
by delegating to others or just dropping activities completely. Perhaps you could
simply refuse a "C" level project that would drain your time, talent and
resources.
6. Redirect those three hours of time into the "A" level activities
found on your newly created perfect calendars. Spend some of your "found"
time, talent and resources in each of those calendars. My personal experience is
that it is better to go on a bike ride and/or spend time with my family than to work
on unrewarding "C" level activities.
7. Adopt a proven, written business system which automatically produces the outcome
of living your perfect calendars. In short, part of your problem is that your
current business system (probably not in writing) is largely responsible for your
drowning in "C" level activity. Here are two key reasons people waste
their lives on "C" level activity:
A. Their core competency
is not high enough to provide true value in meeting the requirements of "A"
level projects.
B. Their marketing "system" (if they even have one) is deficient. Those
whose marketing systems produce insufficient "A" level activities are banished
to a life dominated by "C" level projects.
Constantly evolving your knowledge and skills, then applying proven, written business
and marketing systems is essential to curing your "C" sickness.
8. Watch out for
vampires. They are everywhere. They are nearly always disguised as nice people
with simple requests that require "just a little time, probably
only a few minutes." These vampires will suck the life force out of you. They
are people or activities that fall into the "C" level category. Politely
disengage from them, or in the words of Nancy Reagan, "Just say no."
9. Recognize your own limitations and replace yourself with qualified specialists
whenever appropriate. For many years, my clients and I have benefited greatly
by applying my "Rate Your Knowledge" system. A free copy of "Rate
Your Knowledge" is available by calling 1-800-997-2664. Not trying to be all
things to all people and bringing in bonafide experts is liberating and far more
effective than any other alternative.
10. Exercise the courage, discipline and focus to change. Striving to establish
and live the perfect personal and business calendars is always better than
drowning in "C" sickness. Losing your family or your sense of self is not
worth the perceived "bread and butter" revenue that comes from "C"
level activities.
Achieving your perfect business is possible if you follow the above guidelines. If
you are currently so overwhelmed that you cannot do it alone, just get some help.
There are a number of professional and life balance coaches that can be very helpful
in this process. Make sure you adopt and follow proven, written systems. The life
and business you've always wanted are available to you if you want them.
One very important added benefit of going through this process personally is this:
It empowers you to help others achieve their perfect calendars. By learning, then
mastering and teaching this process to others, you will bring value, perspective
and vision to clients and prospects which your competitors do not offer. Thus
providing you with market differentiation, particularly in "A" level markets.
But in order to provide this new vision to others, you must first apply it in your
own life and business. Anything less would be hypocritical and impractical. It is
very empowering to tell clients "I have personally applied these concepts and
techniques in my own life and business. That's why I know I can help you get
the life and business you have always wanted."
Engaging clients, prospects and referral sources in a meaningful dialogue about quality
of life issues is much more engaging than typical (often boring) conversations about
trusts, taxes, investments, insurance products or transactions. Plus it leads to
a more fun, profitable and fulfilling business calendar.
There is an old saying, "Knowledge is Power." That saying is not true.
Knowledge alone does not equate to power. The world is full of knowledgeable people
who lack creative relevant vision and innovative action, thus rendering themselves
powerless. Please remember this: Constantly Evolving Knowledge Combined with Creative
Vision and Innovative Action is POWER!
Bruce Wright's strategies have been successfully implemented by
professionals and consumers across the country. His book, The Wright Exit Strategy
ó Wealth; How To Create It, Keep It and Use It, is being endorsed by industry
leaders and wealthy consumers alike as the first true guide to Advanced Macro Wealth
Managementė and Macro Strategic Planningė. Additional information on achieving your
perfect calendar, Bruce Wright and The Wright Company may be found at www.thewrightco.com or by calling 1-800-997-2664.
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