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What Others Can Teach Us About Business

All of our Commercial Fitout Clients are in business.

Whether you have a retail shop, own a café, bar or restaurant, run a medical practice or a commercial office, the road to running a business is much the same.
There's always plenty to learn from movers and shakers, past and present, so this week, we've collected some gems of wisdom from people who should know.

Here's their important Insights:
1.
"A business that makes nothing but money is a poor business." .......... Henry Ford
"Success isn't about how much money you make. It's about the difference you make in people's lives.".......... Michelle Obama

Think beyond Money.
Money and Success aren't enough. Business is a journey, of good times and sometimes bad. It's about creating opportunities, and helping people.
Most of all, it's about giving value to you, your staff and your customers.
Reward is not always in the form of making lots of money, but in the form of a sense of personal fulfilment and making others' lives meaningful.

2.
"What I have learned is that people become motivated when you guide them to the source of their own power and when you make heroes out of employees who personify what you want to see in the organization." ..........Anita Roddick, founder of The Body Shop.

Take People with You:
Offer advancement to those who work with you.
From self- development opportunities which help the way others feel about themselves to career training or technically focused courses, make sure you give those around you the best advantages you can.
Loyalty then can work in both directions and a sense of ownership develops.

3.
"Business and family will never balance perfectly but I draw strength from giving energy to all areas of my life." ..........Tina Tower, Telstra Young Business Woman of the Year, 2014.
"I think being a good leader starts with you. Make sure you're at your best and that includes looking after your health and well being." ..........Kate Weiss, National Business Owner Telstra Business Women's Awards, 2014.

Put Effort into Balancing Work and Home Life:
Being a parent and a business person does work, but not without effort.
Bring in an added support network if you need help on the home front.
Don't sacrifice attendances at school events or special days in favour of work.
Make sure to allocate time for your own health and fitness.
If needs be, bring it to the workplace and have everyone share in it.
Lunchtime walks, personal training sessions will benefit not only you but your staff.

4.
" Most importantly, stay humble and listen. Your team absolutely needs to understand that you're predictably calm and composed for them to flourish." ..........Jon Sebastiani, founder and CEO of Krave Jerky.

Don't be too Precious:
Leading from the top is high priority, but don't be too aloof and isolate yourself from your staff.
This is a destructive practice. Living in a bubble is dangerous!
Be humble and listen to what your staff is saying, even if it's not what you want to hear.
Acknowledge your fellow workers and, if possible, your customers each day in a personal way.
Something like remembering birthdays and special events is important.
And don't be too proud to pick up rubbish or empty the dishwasher.

Sharing success is important to the well being of a business and helps to the big picture out front.
Take time each day to tune in to what's really important.

 

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