Category: Business Growth

Assumptions Can Be The Most Dangerous Thing You Make in Business

There is an interesting dichotomy in business that makes you both successful and keeps you from being successful and that is the act of making assumptions. How can assumptions be useful? We all modify our world in order for it to make sense by doing three basic things, we generalize, we delete and we distort things so we can comprehend, explain and survive. From that comes the phrase made famous by the late Stephen R. Covey, “The map is not the territory.” This phrase was not a Covey original. It was originally coined in the 1930s by Polish-American scientist and philosopher, Alfred Korzybski. For example, in a positive sense, we learn how a key goes in a lock one time and then we know how to do that simple task evermore. Those generalizations work for us in all types of ways: In our sales process, the way we meet people, the way we navigate socially at chamber meetings or other business functions. Another useful way to use assumptions is to, as my friend and author Shelle Rose Charvet says, “guess and test.” That is the appropriate way (strategy) to employ the assumption or the generalization. The test component is critical. If you assume something make sure in some way besides the guess that you are correct. Otherwise, the strategy changes from a positive to a negative. How can assumptions...

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Do You Really Have a Contract?

Ask any first year, first semester law student, “What are the elements of a contract?” He or she will (or should) answer, “Offer, acceptance, consideration.” It is generally not required that contracts be written or that every element of the contract be discussed in exhaustive detail, but you have to have those three elements (offer, acceptance, consideration). The three elements of a contract What do they mean? An “offer” is just that – an offer to perform a service, to refrain from some action, to transfer some property rights, or something similar. For example, “I will paint your fence if you pay me $10” is an offer (and probably one too good to pass up). “Acceptance” is some sort of communication that the offer is accepted. It could be that you say “I accept,” but it could also be that you give me $10, or possibly even that you give me the key to your fence without saying a word. If you instead responded, “I will pay you $5 to paint my fence,” then you have refused my original offer, but also made me a counter-offer. If you make a counter-offer, then I have to accept your counter-offer somehow before we can continue. The final required element is “consideration.” Black’s Law Dictionary (7th Edition) defines consideration as “[s]omething of value (such as an act, a forbearance, or a return...

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Get More Done By Controlling Your ‘Attention Units’

Have you heard the term “attention unit” before? An attention unit is one little bit of space taken up in your head. Kind of like memory in your computer. Focus provides the purpose that glues together our attention and gives us what we want personally and in our business. We have all heard about the studies that have been released saying that we really are not good at multi-tasking and it does more harm than good for us. I can tell you from firsthand experience that interruptions lead to a list of unfinished tasks. Both these show that divided attention and shallow focus do not get us where we really, truly want to be. We want to be productive. We want to get ahead. That takes action, but while constantly treading through the same end of the pool is action, it does not make the difference we need. Action plus attention and focus drives results The things that happen – good or bad – in our lives are those things we focus our attention on most deeply. Let me give you an example. I have a friend with a medical condition that, for her, is best controlled by diet. She says she has always had an on-going battle with the scale, but decided last year to change her focus when it came to weight and health. Instead of paying...

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Upcoming Events

Dec
25
Wed
7:45 am Rainmakers Toastmasters @ WestPoint Financial Group
Rainmakers Toastmasters @ WestPoint Financial Group
Dec 25 @ 7:45 am – 9:00 am
If you need to sharpen your presentation skills, Rainmakers Toastmasters can help. Each meeting provides an opportunity to learn, give feedback, get feedback and practice so that you can become a better presenter. We meet[...]
Jan
1
Wed
7:45 am Rainmakers Toastmasters @ WestPoint Financial Group
Rainmakers Toastmasters @ WestPoint Financial Group
Jan 1 @ 7:45 am – 9:00 am
If you need to sharpen your presentation skills, Rainmakers Toastmasters can help. Each meeting provides an opportunity to learn, give feedback, get feedback and practice so that you can become a better presenter. We meet[...]
Jan
3
Fri
7:30 am Links @ Sangiovese
Links @ Sangiovese
Jan 3 @ 7:30 am – 9:00 am
Rainmakers LINKS is a premier business-focused networking event to wake up to. We secure some of Indy’s top talent to speak and inspire the group. Our speakers have achieved great levels of success and we[...]
Jan
7
Tue
9:00 am ThinkUP @ Redemption Alewerks
ThinkUP @ Redemption Alewerks
Jan 7 @ 9:00 am – 10:30 am
ThinkUP is a uniquely organized networking event for business owners and those who serve them. Picture sharp, entrepreneurial-minded professionals brainstorming challenges, mentoring one another, and identifying new strategic relationship opportunities. Bring an idea, a challenge[...]
Jan
8
Wed
7:45 am Rainmakers Toastmasters @ WestPoint Financial Group
Rainmakers Toastmasters @ WestPoint Financial Group
Jan 8 @ 7:45 am – 9:00 am
If you need to sharpen your presentation skills, Rainmakers Toastmasters can help. Each meeting provides an opportunity to learn, give feedback, get feedback and practice so that you can become a better presenter. We meet[...]
Jan
15
Wed
7:45 am Rainmakers Toastmasters @ WestPoint Financial Group
Rainmakers Toastmasters @ WestPoint Financial Group
Jan 15 @ 7:45 am – 9:00 am
If you need to sharpen your presentation skills, Rainmakers Toastmasters can help. Each meeting provides an opportunity to learn, give feedback, get feedback and practice so that you can become a better presenter. We meet[...]
Jan
21
Tue
4:00 pm ConnectTech @ Eleven Fifty Academy
ConnectTech @ Eleven Fifty Academy
Jan 21 @ 4:00 pm – 5:30 pm
Rainmakers ConnectTech is a unique tech-focused networking event created for business development professionals who work in technology and want to build strategic relationships. ConnectTech engages top industry talent to provide a short educational talk in a[...]

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