Posts Tagged ‘entrepreneurs’

Business Lessons from The Biggest Loser TV Show

One of my favorite shows is The Biggest Loser. Why? Because it’s one of the most inspiring things you can see on the tube. In this article I’m going to parallel the contestants and what they go through with you – my entrepreneur tribe. As you watch their journey, I’ll show you how you can be reenergized in business.

Let’s start at the beginning. The Biggest Loser contestants have it tough. So much tougher than we “normal sized” folks do. Why? Because they can’t hide. If you look at them with 100 extra pounds on their frames, you could assume that there is something not working in their lives.

That’s the good and the bad news for them. The good is that it doesn’t allow for slipping into denial because their pain or dysfunction is publicly visible. And maybe that makes them just a bit luckier in some ways.

Luckier? You are probably well aware that if you pull the curtain on some of the success teachers, actors or athletes, they are hiding many, many things. Maybe they are hiding the fact that they aren’t really making the money they claim. Or perhaps it’s that they are having personal or relationship issues themselves.

I think that when we are in the public eye – and as an entrepreneur you are in the public eye – the tendency is to want to put just a bit of ‘spin’ on the less-than-great elements in your life. It’s hard to step up and be authentic about the challenges you have gone through or the things that haven’t worked when you have the ability to put the nice suit on, crank out a few more happy tweets, and just go about the business of not dealing with what’s real.

biggest_loserBut not my Biggest Losers…nope. They bare it all, and on national TV. As the saying goes, “The only way around is through.” These folks work through their issues to get to the healthier, happier, and beautiful person underneath. Week after week they face their fears, get pushed past their limits, and find strength in themselves that they never dreamed existed.

Isn’t that what the entrepreneurial journey is about? That’s how I have experienced it this last year, and I want to share my formula with you, so you too may have the business that brings you joy.

It’s about having D.A.T.E.S with your destiny –

D – Decide to change – The contestants first have to come to a place where they decide that they can no longer continue to keep living in this way. What do you need to decide? How about that you will have more fun in your business? Maybe it’s that you will finally give yourself permission to put yourself more fully into the work you do. Or perhaps that 2010 will finally be the year that you bite the bullet and get the team support you need so that you can devote yourself more to doing the work you love. Whatever it is for you…DECIDE! Repeat that to yourself over and over and over…”I am deciding to ______________, or I have decided ________________.” There’s power in that!

A – Assess what’s true – within the first week on the ranch where the Biggest Losers stay for the duration, they are giving a full battery of tests to determine their level of health and fitness. This is where many of the final shreds of denial fall away for these courageous souls. Last season a woman who was 49 years old tested out at about 61 which shocked the heck out of her. Some times we want to run from the parts of our business (and life) that are a bit messy. We don’t want to see that maybe our books aren’t in order, or that we haven’t been charging what we should, but by not looking at that, it still has power over you. How about this….”You can’t grow what you don’t know.”

Here are a few things you should be assessing for the health of your business –

Your marketing: how frequent and how effective is it?
Your follow up: is it automated?
Your billing: is it done on time?
Your books: are you getting up to date P & L’s and reviewing them regularly.
Your wealth plan: is it growing?
Your networking: are you making new connections and building powerful relationships?
Your offerings: does your market want something new for this year?

Have the courage to make a list of all the things you want to assess and have courage to tell yourself the truth.

T – Train with the Best. If you have seen the show, there are two very different strength trainers who work out the contestants. One is a very open-hearted guy named Bob, who clearly loves the contestants and shows that. The other is a kick-butt gal named Jillian, who is also very much there for them, but does it in a ‘boot camp’ way that calls them out when they are giving up on themselves. She screams and doesn’t let them off the hook, and while I’d probably be a mess of tears, her “in your face” style does the trick of helping the contestants to remember why they are there.

So let’s replicate their success. Who do you train with? Who calls out your brilliance, even when you can’t see it for yourself or are too tired to go on? Who loves you, supports you, designs exercises for your growth, and is there cheering you on? Every great athlete has multiple coaches. You just cannot expect to grow your business without training with the best, so in 2010, make it your #1 priority to find the best coach or mentor out there and let them get their hands on your business the way Bob and Jillian do for the contestants. You’ll love the results!

E – Enhance Your Environment – The contestants live on “The Ranch” which provides an environment for success. Thomas Leonard, the Father of Coaching used to say, “Environment is stronger than will” which means that a well constructed environment can pull you forward, while will is something you have to push and work at. An example of a powerful environment could be a mastermind group. You just show up, plug in and get new inspiration. Another one would be to design your office so that you feel energized just being there versus dragged down by clutter. There are environments in what sort of things you are reading and taking in. Are you surrounded by thoughts and ideas that enliven you and bring out your best? If not, change it.

S – Step up and Play Big – The final contestants of the Biggest Loser all get a makeover and then biggest_winner their families (who have not seen them in months) get to see the new person that has emerged. The metamorphosis is unbelievable. That’s what I want for you. To step up. Do the thing you have been afraid to do. What part of your business could you make over? Maybe that website that has been languishing could use a revamp. How about adding some teleclasses to your offerings to showcase your brilliance. Or let’s get crazy here….why not write that book you have been talking about for years?

It doesn’t have to be a complete business overhaul, but you have to start somewhere. Ask yourself these questions…

What are three things I could do that would energize my business and my spirit?
What help/support would I need to pull that off?
What results would I like to see as a result?
When will I get started?

There you go. My thoughts on how you can be The Biggest Winner!

Be sure to leave a comment on what you are going to do on the blog, and know I’m here to support you. (Not like Jillian, but I’ll for sure hold your greatness ’til you can see it.)

Your Clients Are NOT Buying What You Are Selling!

Crazy title, ‘ey?

Where did I get such lunacy?  From hanging out with my sales trainer friends.  Ya see, being a psychotherapist and life coach gave me zero preparation on how to sell my services.  So a few years ago when I entered the wonderful world of entrepreneurs, I had one steep learning curve!  I was blessed to study with Eric Lofholm, but it was my time spent with Michael Goodman of AZ Sales Pros that really drove this point home for me.

This is where we come to the concept that your clients aren’t buying what you are selling.  Most of us get so addicted to ‘selling our services’ that we forget to look at it from the consumer’s end.  Let me give you some examples…

If you are an acupuncturist, is your client buying acupuncture?  No, what they are really buying is relief from pain or whatever their symptom is that brought them in.  Does a chiropractor sell chiropractic care?  No, their patients buy health, longevity, relief from stress/pain/fatigue, and a whole host of other benefits.

And we coaches DO NOT sell coaching!  We sell business acceleration, revenue generation, results amplification, marketing plans, hands_money.xlargefulfillment, freedom, etc.

Get the drift?

Now it’s your turn.  Make a list and write all the thing you sell (like your products or services) on one half a sheet of paper.

Next, ask yourself, “As a result of consuming this, what exactly is it that these clients are ‘buying?’  Put this on the other half of the paper.

If you can answer that, you are on your way to being able to use the correct marketing language to attract your ideal buyers.

Oh, and if you aren’t sure?  ASK your market!  There is nothing more powerful than asking your clients what they have gotten as a result of working with you.  Those are the golden nuggets that will help you understand exactly what you are ‘sellling and what they have been buying.’

My story?  A few years ago I asked a client of mine this very question.  She was one that came to me and didn’t even have a concept for a business, but she said that as a result of working with me she felt like she was five years ahead of any business owner who would have started on that same day.  She pointed out that I shortened her learning curve, and helped her accelerate her results.  The funny thing…I had no idea I was doing that!  I knew the tangible aspects like helping her in the start up phase and all the mindset stuff we did to get her to own the role she was now taking on, but accelerating her results?  Who knew!  It was really powerful for me to have that tangible deliverable, so you bet I always ask my clients that magical question these days.

I encourage you to do the same so you can discover what a rock star you really are.