A Lesson From Golf 2- Don’t Focus On The Hazards.

Tuesday, March 10th, 2009

 

I was playing golf recently with a former National Football League lineman who is now a successful investment banker (even in these troubled times). 

We came to this one hole known as the “black hole”.  It’s named this because many golfers lose golf balls here and the hole is very difficult. It has a narrow sloping fairway, on the left is a large flood control channel and on the right is a steep hill and fenced off area.  Hitting the ball straight down the fairway from the tee box looks like an ominous task.

Before we teed off, I mentioned to my NFL partner to make sure to avoid the flood control channel. His reply was “What flood control channel”?  He then promptly hit the ball straight down the center of the fairway. A couple of strokes later he pared the hole. Throughout our round of golf I kept noticing how he seemed to focus on where he wanted to hit his ball and not on any of the many obstacles (sand traps, water hazards, etc.) that were on the course.  With few exceptions his ball rarely landed in a “hazard”.

The round of golf turned out to be a good lesson for me. Far too often, we tend to focus on the hazards of business (weak economy, lack of sales, lack of customers, etc.) rather than where we want our business to go (increased sales, positive cash flow, etc.)?  Sometimes, thinking about what we don’t want to happen increases the odds that it will.

I’m not suggesting we ignore any hazard, just that we don’t focus on them. 



You Don’t Have To Go It Alone - Assemble an Advisory Board

Tuesday, July 15th, 2008

Often times,  you may feel like you only have the “four walls of your office” to turn to for business advice.  You may also feel that the only solution to getting the help you  need is by hiring a business consultant who may prove to be very costly to a start up entreprise or small company. 

 Assembling an advisory board can be a valuable way to  provide you with guidance, credibility, and knowledge to assure success of your business venture.  These advisors allow you to “bounce” ideas off them and can help you make important business decisions.  They can also provide valuable business contacts and networking opportunities.  How do you assemble such a group?  Stay tuned.

source



How well is your net working?

Saturday, July 12th, 2008

In a tight economy, such as we’re experiencing now, networking may be the key factor in maintaining a strong position in your marketplace.  In starting out, it is a great way to introduce your business and “tell the world” you’re here to service them.  If you’ve been in business for awhile, maybe it’s time to ask; “How well is your net working.”

Is it time to spread your net and/or evaluate how well it is working? Yes

 

 

 

source