Are external conditions affecting your business?
During the last 18 months there have been days where we cannot avoid bad news. On one such occasion I was struck with how miserable I felt, and I could not explain why. I ploughed on through the day, working with clients, agreeing a new mentoring program with one and helping another to restructure their relationship with money to create the life they want.
It was not until I switched to the news that evening, for a final check on the world before bed, that I realised what had been wrong. The scientists are calling for the 3-household bubble to be cancelled.
I had heard this in the background and taken it in to my subconscious and allowed it to affect my mood all day. I was sad that I would not be able to see my grandchildren on Christmas day. It helped me to see how the impact of external factors can directly affect performance and therefore success. External factors in our environment, over which you have NO CONTROL, can shape your busines day, and your business decisions, whether consciously or unconsciously.
3 external factors that will result in your business failure
There are three reasons businesses (and the people in them) will fail next year; poor planning, lack of opportunity, and stress.
1. You can’t plan when your headspace is negative
You cannot successfully and creatively plan your business, or your life, from a position of fear. And we need to be creative to adapt to the changes that we need to make in order to succeed during the next 12-36 months. My suggestion is to reflect over the last ten years and not just 12 months. To look at the journey you have taken. Note your achievements and success and then work out the best way to move forward. This holds true for business owners, employees, people that are facing redundancy or recently made redundant, even in your role as a family member.
2. You can’t create new opportunities from a place of fear
I keep hearing people say “2020 was an awful year”. The year was not a bad ‘year’, the impact of the pandemic was awful. It showed us that our lives, businesses, and society was not prepare for the unexpected, and in many cases not financially secure or resilient.
The positive insight to come out of all this death and disaster, is to show us that we had become complacent. We thought we were fine. We had settled for a “norm”. Now we can choose to shake things up, do things differently, stop what we don’t like and do more of what makes us happy, more of what makes us truly wealthy. To create financially secure businesses and families that can focus on supporting one another, as that is the only way to survive this – to support one another.
And that brings us to stress, there is no denying that this year has been more stressful. Remember it’s stress that causes diamonds. From the pressure you will find new opportunities.
3. You can’t be truly wealthy when you are stressed
From personal and client experience, I know that you cannot be creative, happy, or even healthy when you are stressed. I also know and can prove to you that, much like fear and excitement are two sides of the same coin, so are opportunities and stress.
You can choose to experience this year as stressful and take that forward for the next 12 months or you can choose to take action. To identify logically what is causing your emotional stress response. And then to do something about it. To find the opportunity to change. To decide to create the life and the business you want
Don’t be a passenger in your own life story – you can make 2021 phenomenal you just need to write your part in the script.
If you would like to talk through your plans for the coming year, send me a message and I will happily book a call to help any business owner or individual that wants to ensure that 2021 is their best year yet. If you need help to shift your perspective don’t waste a minute – I really would love to help you.
If you want to refocus your perspective – my online audit will help you with its personalised report. Check out my website and follow the links – its called the “Readiness to Retire Wealthy” Audit add link to scorecard