Rock-Solid Business? Not Without this in Your Foundation

In working with countless business owners over the years, I’ve found that there are always holes in their business models, gaps in their business plan and very little attention paid to the foundation upon which they’re trying to build their business.

It’s nearly impossible to have a preemptive plan or solution for every possible weakness. But to continue trying to grow your business without knowing the essential building blocks—or ignoring them—is foolhardy. There are far too many small businesses that eventually fail when they could have succeeded. Good companies with good products and services. And good people who had many of the components of a rock-solid business—but not enough of them.

This is the first in a series of articles about the torpedoes that can sink your business. And by becoming aware of them, you are more than half way to avoiding their dangers.

Today, we’re talking about not being clear on your core values.

Very few small companies pay attention to this—and they do so at their own peril. Growing a small business requires tens of thousands of decisions. Purchasing decisions, hiring decisions, product development and pricing decisions. And very few are easy. You can’t wait for all the research and all the data to be collected before you decide. You can’t seek enough advice, you can’t delay, and you can’t afford to be indecisive. You have to make your best decision with what you have.

And one of the things that makes those decisions infinitely easier is to truly know what your company is about, what you stand for, believe in and are committed to.

This might seem unnecessary or too woo-woo for many business owners, but it really isn’t. If the owner and all employees are clear on this, there will be fewer mistakes, better communication and more buy-in as to the company’s mission and purpose.

And the clearer you are about your core values, and the better you communicate them, the easier it will be to build your brand and your reputation. Customers like to do business with an enterprise that stands for something.

Our most popular course over the past 20 years has been, and still is, Your Core Values. It’s a step-by-step plan to discover and articulate your top 5 core values—for an individual or an organization. You can find out more and get a 75% discount on this course on this page . . .

Not ready to order yet: Read the Top Ten Reasons to Know and Live Your Core Values . . .

Stay tuned for the next installment of possible chinks in the foundation of your business.

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Best Life Tip: Think Big, Start Small

Think Big Start Small

Are you a fan of the Think Big, Dream Big crowd?

I love big ideas, and I love being around big thinkers. But I’m an even bigger fan of people and companies who ACCOMPLISH big things. Many people who consider themselves big thinkers are mostly just big dreamers. And they either fail to get started or they crash and burn by taking on too much.

I know because I’ve done it.

When I was 25 years old, I was a farmer with big dreams in agribusiness. And I planned and built a state-of-the-art meat processing plant in Middlebury, Vermont. I literally bet the farm I owned on a new enterprise that I and a number of others thought was an idea whose time had come.

My failed strategy was to be diverse in our product and service lines and then eventually focus on those that we found to be most profitable and the ones we were the best at doing. Totally opposite of what I would do today.

My inexperience and my attempt to GO BIG created my first major failure. I learned a lot, but it was painful and costly. Going broke isn’t so bad, but when you end up owing tens of thousands of dollars and nothing to show for it except the experience, it hurts.

I’ve met many people over the years who truly wanted to make a difference in the world. Or, as Steve Jobs said, “put a ding in the Universe.”

But I remember hearing Rich DeVos, the president of Amway Corporation say to a convention of Junior Achievers, “Before you go out to change the world, make sure you clean up your bedroom first.” Good advice.

We have to walk before we can run. And it’s best to learn making smaller, less costly mistakes so you build experience and resources to take on bigger challenges.

Think big. but start small.

If you’re interested in learning how to start a business that supports who you are, what you’re about and how you want to live, take a look at our Lifestyle Business System. It will teach you how to build something that makes a difference without having to take any big risks and learn while you grow.

It’s all explained on this page . . .

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Best Life Tip: Suffer the Pain of Discipline or the Pain of Regret

BLT: Suffer the Pain of Discipline or the Pain of RegretMy mentor, Jim Rohn, often said, “We must all suffer from one of two pains: the pain of discipline or the pain of regret.”

Discipline is rarely easy, and much of it is a pain—at least at first. But regret is a much bigger price to pay.

To me, part of living your best life is living a life with no regrets. Sure, there are things you might want to do differently, but regret is a heavy burden to bear. Jim said discipline weighs ounces while regret weighs tons.

With discipline, we get stronger and progress gets easier. And it rarely has to be the Marine Corp Boot Camp kind of discipline. Good, solid, everyday habits result in consistent progress. In fact, being inconsistent in doing the right things is where most people fall down.

“Things that are easy to do, are also easy not to do.”

In my book, The Achievement Code, I go into depth about the 3 Cs to getting what you truly want. The 3 Cs aren’t very complicated and not even that hard to master. But they are critical keys to achievement. And lack of clarity and lack of concentration (focus) are big challenges to living your best life. But I do think that lack of discipline and consistency are the biggest stumbling blocks.

A few bad habits repeated regularly over a period of time may very well lead to regret. The aggregate of over-eating, over-drinking, not enough exercise, not saving for retirement, spending more than you earn all adds up. And the price can be high. Regret is the unwelcome reward.

But likewise, the discipline of good habits practiced consistently adds up, too. Better health, more financial freedom, greater income, better relationships result from proper practices. A much better reward.
I hope you’ll agree that the pain of discipline is far better than the pain of regret.

What disciplines do you need to establish or get better at doing regularly? What small pains are you willing to trade to prevent the gnawing, gut-wrenching regret of not having done what you needed to do?

If you already have the Best Life Navigator™ I created to help you with discipline, clarity, consistency and tracking, I urge you to use it regularly. It’s a powerful tool for living a life of no regrets.

And if you don’t yet have it, what are you waiting for? It’s fully guaranteed, it’s only a few dollars, it’s super easy to use, and it will help you to feel more in control of your life than ever before.

Go to and learn more. Order it, install it and begin to develop a lifetime of discipline that prevents regret.

Best Life Navigator

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