Posts Tagged ‘action’

Business Action Groups: Your Success is in the BAG

When you work in isolation, running a successful business isn’t just about getting clients but about building relationships in a supportive environment. That’s where Business Action Groups (BAG) come in.

Napoleon Hill referred to them as Master Mind groups. Benjamin Franklin spoke fondly of his ‘Junto’. Me? I’ve got my group of Enrichers. Buddy groups, dream teams, action groups – what they all have in common is the coming together of a committed group of business owners who help each other to success.

Business Action Groups are about getting together with others who are passionate about what they do and sharing resources, knowledge and experiences and they are formed specifically with this intention.

BAGs are small (four to six people), meet regularly and are structured to provide a safe, energising space for you to look at the issues you are facing in your business and commit to taking action.

Growing your business can mean entering new territory, making decisions on things you have no track record of, and feeling a little uncomfortable. If you are fortunate you will have people around you who you can discuss this with - a partner, family member or friend, perhaps – but more often than not our relationships with others aren’t built to discuss business issues.

“ Sometimes you just want to talk with someone who knows what you’re going through.  ”

Also, sometimes you just want to talk with someone who knows what you’re going through. Turning to your peers for support is a logical move but in business your peers are often your competitors.

Business Action Groups allow you the space to confidently make these decisions. It’s a place where you can work out exactly what it is you want, find a few ways to attain it and choose which will work best for your situation.

A BAG can help you in your business in the following ways:

Helps you keep your integrity

To be a person of your word, you need to act on your decisions. Saying “I’m going to do this” to another is a powerful motivator. You know they’ll ask you how it’s going when you next meet. So when you commit to action in your BAG, the likelihood that you’ll follow through and do what you say you’d do increases dramatically.

And that’s even before you factor in accountability – where the group commits to helping you keep to your word by specifically following you up on your action. Yes, in a perfect world we would be fully internally motivated and only need to be accountable to ourselves. But, in the meantime, you have your BAG.

Other perspectives help you solve problems

One of the fundamentals of BAGs is that no one is the expert. Sure, everyone has different perspectives on your issue but there’s no “one right way”. And that‘s important for autonomy-loving soloists. If there are five other people in your group, then there will be five different approaches to consider.

Perhaps they will help you see opportunities that were out of your sight previously. Perhaps you are stretched to playing a bigger game. Or even challenged to not just meet a standard but to begin setting the standard. And you make your decisions based on this much fuller picture of your situation.

You contribute to the success of others

As well as receiving all this support and encouragement in your own venture, your BAG gives you the opportunity to share your knowledge, experiences and resources with others. Often it’s a surprising bonus to learn just how unique you are and what value you bring to any relationship.

…and you will have fun!

Let’s not forget that with this flow of giving and receiving – celebrating the highs and lows of each member’s business life – friendships develop. Fun and laughter is had. And all those platitudes about business being tough begin to melt away.

Suddenly you begin seeing yourself as part of that small percentage of business owners who are making it work.

This article first appeared in the online community for solo business owners www.flyingsolo.com.au

** NEW Business Action Groups are starting in Noosa and Brisbane in October 2010. Earlybird discounts available for those who register before 30th September 2010. Here’s more info **

Posted: September 21st, 2010
Categories: Articles
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The Studio: Get your ducks in a row! Worksheet

This week I’m sharing one of my personal worksheets. This is what I use to stay focused and to minimise those 3.00am eyes-bolt-open, oh-my-god-what-am-I-doing moments.

Over the years I’ve found people who are very clear about what they are doing (ie their vision) have some sort of physical, visual reminder that they see daily.

Some people have Vision Boards.

Others have Treasure Maps.

I have my Ducks.

Or more specifically, my Ducks In a Row.

My Ducks came out of having a moment of terror where I thought I’d made a terrible life choice. Then the phrase, “No, it’s okay, I have my ducks in a row” came into my head and I felt much calmer, focused and okay with my situation. In fact, when I considered my “ducks” (ie all the things I had setup and were going to generate lots of love and income over the next 12 months) then things actually looked pretty good.

So I decided that I had to get my Ducks out of my head and onto paper. And the Ducks In a Row Worksheet was born.

As you can see, it brings together my priority projects – with the values, strengths, passion, vision, goals and next action steps – onto one page in an easy reference style. I have a copy at my desk. I have a copy in my Dump Book.

It’s a working document which means it changes weekly as I get new information, move to the next stage of a project, or decide to back/front burner projects.

You obviously need to do a little bit of work to complete it. It’s probably a two-coffee activity. I’ve included the Master Lists as a second page where you can brainstorm/list your values, strengths, passions, and crazy dreams. (And then you draw on these Master Lists to complete the Ducks).

So, there are no excuses for flapping about in a tizz. Get quacking!

DOWNLOAD The Ducks In a Row Worksheet

(BTW the cute little ducks come from freerangeduck.org)

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Posted: August 31st, 2010
Categories: The Studio
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