Just like the blood that keeps every person alive on earth, money or financial growth is the life blood of any business. Blood in the human body transports oxygen around so we can move and do tasks that can improve our health such as swimming, jogging or cycling and this is just the same in business. Money in business allows further options to grow and invest in other areas such as marketing and promotional tasks and just like the body, if we do not do these tasks the business becomes flabby and weaker.

As we all know, whether from being employed or running our own business, the purpose of any business is to grow and for that to happen money needs to flow. This concept is not surprising to anybody, but what happens if a business starts to struggle and the owner is not emotionally prepared for the down turn? It is estimated that 50% of new businesses fail in their first year and an astounding 95% (of those 50% left) fail in their second year, a very sobering fact, but why does this happen?

The reasons a business may fail are many, wrong location, low quality product/ service, too much competition, etc, but for this article we are going to look at the fear of running out of money and how it can affect the mindset of the business.

Businesses become recognised because they solve problems, all a customer wants is “what can you do for me?” the customer receives good service and will return again, but what if the owner of the business becomes fearful of losing money and starts to desperately grab at the customers as they walk in through the door? Well lets look at it from the customers view, imagine how irritating it will feel to walk in and rather than being looked after and feeling cared for, they are constantly under pressure to buy things so the owner can make money so they can feel the business will succeed. Services of that nature make a customer feel pressured with the desire to leave and go to other businesses that treat them better.

This is the irony of the whole system though, the business owner wants to secure the business because they fear it going bankrupt, but in their attempt at trying to ensure the business stays afloat they grab at money, but in grabbing at the money and trying to get away from their fear, they actually draw themselves closer towards that which they fear.

We always get what we focus upon – think fear and we get fear, but in business this attitude could wipe it out completely as there is always another business waiting to help.

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Many people today log on and are showered with the adverts for ‘psychological’ distance learning and hit by the pages claiming fantastic results and powerful learning!

It is even possible to attain a distance learning “psychotherapy” award over the internet and what is more unfortunate is that there are insurance companies who are ready to insure people in their award. This seems to be an extremely risky field of business when it gives open option to get into the helping people industry. The risks involved are

1.
It can take years of practice, trial and error to become proficient at understanding people’s emotions and how to work through them. This style of training can lead a student into a false sense of proficiency placing them at a high risk of damaging a clients well being.

2.
There is a great risk also to the student as if they do make a serious error leading to the worst case scenario of a client taking their life through depression, it could leave devastating guilt for years

3.
If low skilled practitioners start to flood the market it makes the general public very wary of trusting skilled practitioners

4.
If an unskilled student makes an error and the media decides to make a national story of it, it could severely damage the psychological industry as a whole

It is essential that people be aware that distance learning is only an awareness programme and if no practical training is given then the students practical skill can not develop, therefore the student must take adequate steps to gain practical training before working with the public.

In conclusion we need to look at this from both sides
Firstly, from the student’s view it is important that they are not duped into giving their money over to a company that is selling nothing more than a dream. In the people helping industry more emphasis needs to be placed on practical learning rather than the piece of paper that comes at the end of it. Failure to do practical training could literally give false sense of ability and put peoples lives at stake.

From the public’s point of view, care should be taken when choosing a coach or healer of which ever field. Never judge a book by it’s cover and never assume that the award or qualification that a practitioner has is a mark of their skill or ability. Find out where they gained their qualifications from and more importantly find their experience, grill them thoroughly – it is your psychological health at stake.

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Businesses all over the world start and go under within a few weeks or some lucky ones last a year, but the drop out rate of business is terrifying.
Day after day people have a new exciting idea that may or may not be the new wave of success but when the reality hits the cracks start to appear and the energy quickly disperses. Some of these ideas are dead in the water to begin with but some of them have fantastic potential to make a huge difference to the lives of millions of people all over the world, so if these ideas are so great, why is it then that they fail.

Below we discuss three of the main reasons why businesses fail.

1. Failing to plan

Although this is such a well quoted saying, it still holds true in any field. Knowing what you are doing and where you are going is essential, so why do so few do this? Number one reason? They see it as boring! Most people setting up a new business crave the excitement and fun, they don’t want to sit there with a pad of paper and pen and draw out financial plans and business projections, they want to get into the action and drama of the new challenge.
The last things a military leader going into a war zone would do, would be to avoid effective planning! When your life is on the line, planning becomes the main focus.
It may be boring and laborious and there may be things you do not want to see, but avoiding this could be death to any new business.

2. They are in it just to make money

Money makes the world go round and of that there is no doubt and although money may not be the be all and end all, but without it, the icy grip of fear is not far away, fear that we cant pay the bills, fear that we will look like a failure for having no money and fear that we can’t join in to our friends social activities.
However, if the goal is money, the business will always be a tremendous risk. Money can be found in many places and if the goal is to make money, as different business opportunities pass by, the person who desires just money can easily be swayed like a buoy in the water and going with the tide.
If the new business is a driving passion of the owner the chances of that passion driving them forward and keeping them on track is greatly increased.
When challenging time hit a business, focus and passion are the two main components of success.

3. Fear of rejection

This is an emotional crippler, millions of people all over the world place their hands over their heart to try and protect the eggshell fragility of social exclusion. A simple “NO” or somebody saying they are not interested in the business is enough to make many procrastinate and avoid the risk of rejection.
Being excluded, especially for what you want to achieve, can be very painful and trigger memories of long ago when we were small and could not handle life, and if this fear is still within, as much as the person may deny it existence, it can still turn even the strongest will into that of a small child.
Learn how to face rejection!

These are just three reasons why businesses fail, there are many others such as market crashes and wrong environments, but if any new business has these 3 main ones covered, they will be 90% of the way to success.

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Imagine developing a business savvy that grows you to extensive success. If you can imagine this now, then think about the results that exert emerge from self-talk and positive thinking. Using self-talk and positive thinking you can make anything hit true, including developing business wisdom that will send a message for years to come.

Picture this:
Business caution can labor for company leaders who want to increase business train and add new customers. Progress and ambitious minds accomplish tasks growth when management approaches are simple and thorough. Approaches for a hefty business in growth and prosperity can be hardy at times with the high rise of possibilities. At all, business wisdom does not have to be a injure when you use common sense, follow plans and begin a recovery that take action for your business.

Managers ideally reward something to employees who work to keep a business running smoothly. Jobs should include a business continuity plan, a recovery plan and a solution for the gain of business. Managers are the directors of employees and should inform their workers of changes, continuity plans and even precaution tests that authorize help them improve in the work atmosphere.

Computers are used in nearly every outfit around the world today and backups should be carried in incremental and full backups for keeps to prevent a entire loss to businesses.

Tasks discrimination is produced when controllers are informed and have the right workable promise. Sources are gettable to assist business grow productively, and you can find such sources via the WWW. Business circumspection consultants are available around the clock to offer strategies, Interim Governance, coaching and consultant.

Business wisdom comes from firm management practices, energetic telephone service gospel and strategies, occupational supplier links and business coalition, and competent, convincing control. If you herald the right personnel to set stage your tasks at the beginning, and they don’t entail to be addicted, you are way advancing of the game.

Good, or should I say “great” clientele service skills is essential for company growth. If you have employees, who work and minister to your customers like secondary hand glad rags more than likely your customers will find another environment to purchase, seek services, or promote support.

Well-familiar managers are mindful of the customer service demands. Too many times people have walked away from bad customer service. Don’t let this happen to you. Customers like businesses that offer commitment, involved employees, and an overall environment producing capabilities. Hee-haw’s make barter believe that the business is capable of handling their needs.

Reducing costs to meet your customers’ needs is weighty as well as customer services. Customers do not like to pay high prices if they don’t have to. The economy altitude changes from year to year and cutbacks are in demand.

Transfer and control should be on the list for customer services. If you don’t have a stock of what you clients are going after, then your clients decide on have a list of other places to visit. Business comprehension reaps good rewards when business care about their customers. Don’t hire or train your personnel to press customers into buying your service, wares or other offers. Nationality, contrary to beliefs hates a pushing salesperson. Caring about your customer beforehand and giving them space is essential for good business diplomatic.

Broadcasting gets the message across. Press slicks and press-agentry ads are great for business sales, but the words are what you need to keep in focus. Words can make you or break

Now that you have a vision of what it could be like to have such business wisdom start your positive self-image-talk strategy meeting today and attract when you positively think useful everybody single day.

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The love of business

Every year many people all over the world go to their partners and excitedly claim they are going to start a business. Yet it is also interesting to know that there is an estimated 50% of those new businesses fail in their first year and a massive 95% of those remaining businesses fail in their second year, so the question is why the huge failure rate?

If we look at this from the emotional intelligence point of view rather than the usual logical left brain approach, we find that the number one attribute that keeps any business alive is passion and if the person or people running the business have little passion to what the are doing how can they withstand the knocks and blows that any business will take on its path of growth. Every business at some point will take a challenge, this could be in the form of a declining market, competition, lack of knowledge, lack of skills, low finance, disagreements with staff, or a depression and they are only the environmental issues. Other issues a new business can face are fear, anxiety, arguments between spouses, loss of income and stress which slowly eat away at the new business owner’s energy and drive making it harder and harder to remain focused, there is a saying in business that goes “you are just heading into a storm, your in a storm, or you are just leaving a storm. There is never any rest in business.

Hence the reason why it is essential to have a love of the business and never to go in to self employed for a pure money making idea. Although in saying that some will turn back and say “but it is what I can buy with the money that motivates me” but then we only need to look at the huge rate of business failures to see that that attitude still wont be enough.

So what is the answer? Well from the many businesses I have helped start the main successful ones are the people who use heir business to contribute to something which is bigger than they are, something which makes them a part of a community, something which draws them closer to people and when people contribute and get closer to others in the process, the people they are helping or serving (depending on how you look at it) will also want their business to succeed as they know that there is somebody out there who is looking out for them, and how good do you feel yourself when somebody is out there looking out for you rather than just trying to take your money, we naturally feel drawn to these people and therefore want to buy from them. People buy people, not things.

So to succeed in your businesses or to succeed even more, look at what passion you can find in there and what difference you make to your customers. Become interested rather than just interesting!

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As a trainer myself, it saddens me to hear others say they have been on this training course or that training course and either say hey have not really got much out of it or they look at their feet and find reasons to justify the money they feel they have lost and a wasted day/s

Each and every trainer has their own skills and even the best trainers in the world can have off days, but when it continually happens it is more than likely that the trainer has sold their soul to the money aspect and has developed the “what can i get” rather than “what can i give” attitude

So here are 5 tips to look out for

1. Ideally speak to the trainer, if they say they are too busy or they will speak to you on the day/s be cautious! If they are “too” busy to speak to someone who is paying them money to spend a day with them, they may have that attitude in general and be “doing a job” rather than really being their with the people who want to learn

2. Check the price, don’t pay over the odds, but also ask why it is free (if it is) some training puts a very high price to trick people into thinking it must be great, many times this may just be good marketing and free events may just be somebody who doesn’t value their work.

3. Testimonials, any good trainer will have testimonials and i would encourage you to ask for them. Don’t accept the “Mrs Smith from London says……” or “Tom from Spain says thumbs up” these are usually made up. Look for names email contacts photos etc… and ask to speak to them ideally, if the trainer has changed somebody’s life that person is usually happy to speak to others about it.

4. NEVER be pressured by sales people, many sales people work on commision and care more about your money than your course. There are many soft sell and hard sell and contract signings flying about and you may get the “its only for today” rubbish. if you feel pressured…. avoid it!

5. Go with your gut, if it doesn’t feel right, don’t do it if it does… go for it!

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Life Coaching Diploma (Free)*

Level 3 Qualification (starting 15th/16th October)
Life coaching is a phenomenon which has swept the world in recent years and is one of the most powerful and effective methods into supporting clients and staff to move forward by tapping into their own inner motivation.

The life coaching diploma can allow you to:

   • Set up a new business
   • Enhance the financial turnover of a current business
   • Gain a great awareness of the science of goals
   • Discover your niche market for unstoppable results
   • Learn powerful business and marketing plans
   • Inspire a deep sense of motivation in clients and staff>
   • Become part of a focused and exciting community

Aims

Life coaching allows the individual to gain clear perspective on what it is they are trying to achieve in life. Many times people will focus all their time and attention on a goal which is not their real desire and if and when they achieve the goal they sometimes can be left feeling empty or deflated. A coach allows the person to discover the true desire behind the goal by using highly effective skill models.

Coaching uses powerful models and explanations to help any client understand what it is they really desire, once this has been achieved the coach will then support the client to create a detailed step by step plan to achieving this goal.

Click her to book your place

Unit titles

   1. The aims of coaching

   2. The coaching foundations

   3. The wheel of life

   4. Setting effective goals

   5. Discover the clients mindset

   6. Create powerful options to change

   7. Effective questioning

   8. Styles of communication

   9. Motivate to action

   10. Working with resistance

   11. The coaching environment

   12. The different styles of coaching

   13. Finding your neche for unstoppable results

   14. Create a business plan

   15. Create a marketing plan

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Here is a great link for a bit of fun :.)

http://www.globalrichlist.com/

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