Every small business owner has to deal with problems. Phil Horlock, CEO of Blue Bird Corporation, learned a lot about solving problems during 32 years at the Ford Motor Company, and now he puts those lessons to use in his own company.
For entrepreneurs, there are a lot of different “styles” of ways to lead people and run businesses. Finding the right one for your personality and your business is an important step to success. Bob Pittman, the Chairman of Clear Channel, provides a great example.
If you look at the Fortune 500 list today, and compare it with the Fortune 500 list from 50 years ago, you’ll see just how much has changed in a few decades. Sure, there are a few companies remaining, like General Electric and Exxon, but the turnover has been massive. It’s all about creative destruction.
For a team to be at its best and strongest, then every member needs to be fully invested and involved in what’s going on. Robin Richards, the CEO of the CareerArc Group, is a leader who has some great insight into building a team that really performs.
When we watch the most successful in any field—whether they are professional athletes, Fortune 100 CEOs, or anything in between—all we see is supreme confidence. We don’t perceive any doubts or fears. But everyone, from someone just starting out to the most accomplished and successful, has self-doubt. The key is overcoming them, and not giving in to them.
Change is a constant in every walk of life. As a quarterback, you have to adjust what you’re doing not only every season, but every game, every half, every quarter, and even every play! It’s a constant chess match, with offense and defense adjusting and counter-adjusting and evolving their strategies quickly.
The best way to achieve success in business—in anything, really—is not to look for complex, convoluted solutions. The best solution is to simplify. It’s counter-productive to go out there and try to make things difficult for yourself, to force yourself to do the really hard stuff. Instead, focus on doing what you know you can do—and doing it really well.
Bad news does not get better with age, and that is why it is so important to see the signs. The only way you can solve a problem is if you acknowledge it and look for a way to fix it—not waiting and hoping it will go away. This is true no matter what your business is, whether it’s a startup, a small family business, or a mega-corporation.
Small Biz Club is the premier destination for small business owners and entrepreneurs. To succeed in business, you have to constantly learn about new things, evaluate what you’re doing, and look for ways to improve—that’s what we’re here to help you do.