When the bottom falls out
Business Coaching Northern Colorado
by Carl
4y ago
A lot of businesses are suddenly struggling. All our assumptions have flown out the window, and it’s seat-of-the-pants time. You should know that five professional business coaches have teamed up to offer free coaching for owners and leaders who are struggling in this crisis. No sales pitch, no tricks. We’re doing this to support local businesses. Check it out at nccovidcoaching.wordpress.com. Sara Colorosa Carl Dierschow Nancy Haboush Bob Nedbal Jeff Schuster This article first published in InnovatioNews ..read more
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Top performers need coaching, too
Business Coaching Northern Colorado
by Carl
4y ago
Which employees are you putting the most effort into? If you’re like most leaders, you end up putting a great deal of time into fixing problems with your struggling employees. You might be hoping that you can bring them up to a level of performance that is at least average. This is a good intention, of course. Everybody is worthy of your support and leadership. The problem is that some very important people are being neglected: Those who don’t create problems for you. These are typically your middle-to-top employees. Why should you step in if they don’t need your help? I’m glad you asked. Thes ..read more
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Getting inspired
Business Coaching Northern Colorado
by Carl
4y ago
During February we had a chance to take advantage of Loveland Startup Month and Fort Collins Startup/Artup Week. There were a whole bunch of great speakers and discussions, and I was totally inspired by a bunch of conversations I had! This is community at its best. For me, events like this are all about inspiration. Because I love innovative ideas and passionate people, it helps me to build my energy and expand my mind. Sometimes I worry about the fact that this is only once a year. I’m supposed to be able to maintain my inspiration for a whole year just based on a conversation I had yesterday ..read more
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The shift to stakeholders
Business Coaching Northern Colorado
by Carl
4y ago
There’s been a lot of talk this year about companies expanding their focus beyond just shareholders, employees, and customers. It’s easy to think that this is all just wordplay, fanciful notions that don’t relate to the real world of business. This is actually the world tilting on its axis, a permanent and lasting shift for the better. It’s easy to forget that companies are a relatively recent invention. For most of human history, “work” was tightly linked to an individual’s skill. As those skills developed into areas of expertise, the concept of a “trade” was created. People in your community ..read more
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Gulp!
Business Coaching Northern Colorado
by Carl
5y ago
You want to take the leap, but … there’s a pause. When I was a kid, trying to build up my nerves to jump off the 3 metre board at the swimming pool. When I finally did, it was a joyous experience! But I only worked up to jumping off the 5 metre board once. In my business, I’ve had some of those big-decision moments as well. Here I am, faced with a key decision, afraid but excited to move forward. This is an important experience. If you’re never pushing yourself to that limit, you’re probably not taking the necessary risks in your business. Maybe you’re waiting for others to make the decision ..read more
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Giving versus getting
Business Coaching Northern Colorado
by Carl
5y ago
A core philosophy of business is to get as much as you can. Market share. Revenue. Profit. Recognition. If you want to give back, great. Write a check to your favorite charity and let them do the dirty work. So you can get back to your primary objective of growing and making money. I’m glad to see that this kind of thinking has been breaking down and becoming more human. It started with those who questioned whether there was a deeper point to making money. Milton Friedman declared that the sole purpose was to return growth and profits to itself and shareholders. In his view, there was no furt ..read more
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The good kind of responsibility
Business Coaching Northern Colorado
by Carl
5y ago
“Who’s responsible for this mess?” That’s the kind of question that sends employees running for cover. Looking for people to blame. Ways to avoid being branded as the problem-causer. We’ve all been there, and it can be devastating. This is the kind of accountability that rips teams apart. Why? Because, by asking the question, we’ve established: It’s a significant problem, a “mess.” Somebody has to be held accountable. The tone of voice likely conveys that there are going to be painful consequences for failure, even just “blame and shame.” Nobody wants to be on the receiving end of that, so we ..read more
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Compassion in business
Business Coaching Northern Colorado
by Carl
5y ago
I was at a networking meeting the other day, talking about marketing strategies and what we can do to improve our business visibility. At that point, we found out that one of the participants just experienced a couple of severe challenges in her personal life. Suddenly that business stuff didn’t feel so important. She needed our immediate compassion and support. I’m really glad that others in my life have given me that kind of sensitivity. Whether it’s a family emergency or health setback or whatever, the people I’ve worked with have recognized that relating as humans takes precedence over the ..read more
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The unique business
Business Coaching Northern Colorado
by Carl
5y ago
Your company is absolutely unique. So much so that nobody else on the planet is able to do what you do. Except, of course, that your products are so similar to the competition that people have a hard time recognizing the difference. By the way, this tension is a universal experience. You ran into it in grade school when you were trying to fit in with the other students, while also exploring your own unique characteristics and how much you wanted to be recognized for them. You have this challenge with steering a business. You’d love your products and services to just blow people away with their ..read more
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Be authentic, transparent to build customer trust
Business Coaching Northern Colorado
by Carl
5y ago
A decade ago, Simon Sinek popularized the idea of marketing your products based on a powerful story. And that story starts with WHY. Why your company does what it does. Why you created this product in the first place. Why your product will make the customer’s life so much better. That last one sounds a lot like expounding on your product’s benefits, right? But traditionally, “benefits” stop soon after the purchase, quite short term. Instead, we’re talking about a much deeper transformation for customers, something they may even struggle to articulate. And that’s only the last step in telling y ..read more
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