Fear — The Good and the Bad

Halloween is the time of year when we love to be scared. Fear can be good for us, especially if it’s in a controlled context, but it can also be limiting. Sometimes, we’re simply too afraid to take the action we need to.

The Positive Side of Fear

We need our fear. Without it, there would be nothing to make us avoid dangerous situations, and we probably wouldn’t live very long. Fear is a vital survival instinct that’s evolved in all species — at least, all that are still here to tell the tale.

So why do we so consistently insist on scaring ourselves? The horror and ghost stories we’ve told one another, especially on dark nights, have been a constant of human nature from huddling round the fire in a mud hut to watching a horror film late at night.

One explanation is that we’re practicing being scared in a safe context. Especially if we’re experiencing the fear in company, the reassurance when the light comes on again and the danger’s gone creates a cathartic effect.

The Negative Side of Fear

The problem is that fear can also stifle us and prevent us from taking the steps we need to grow and progress in our lives. This is at its worst if we’re unaware of where the fear comes from, or even that it’s there at all. Instead of acknowledging that we’re afraid, we come up with a thousand and one rationalisations for not acting.

This is where the natural and healthy fear we’ve developed and practiced for our survival turns against us, and the greatest fear becomes the fear of change. After all, what we know works. Perhaps it doesn’t work very well, but what if the change makes it even worse?

Fear in Business

Both the good and bad of fear apply to business. As business owners, we can’t just do whatever seems fun with the business on the spur of the moment without thought for the consequences. A healthy fear protects us from crashing the business and maybe ending up in court.

On the other hand, a business owner who’s too scared of change to explore options can be just as bad. What worked yesterday won’t always work tomorrow, and refusing to contemplate change can destroy a business.

The answer, of course, is to explore your position rationally — to acknowledge the healthy fear and understand how to overcome the debilitating fear. That requires a carefully thought-out strategy, which is where the Resource Centre may be able to help you.

And, meanwhile, have fun scaring yourself safely at Halloween.

 

 

How Far Will You Travel for Your Customers?

travel

We live in a world in which most of us travel a lot. Chances are you’ve been on a holiday involving a long-haul (or at least medium-haul) flight in recent months. And if, like me, you’re at the stage of life when your children are providing you with grandchildren, you may be used to dropping everything and driving a fair distance to help out.

And then, of course, there are the journeys we make for our customers.

The Growth of Business Travel

It’s really only a few generations since, from where I work in Ware, travelling to London on business would have been a major event. Going much further afield was rare indeed — unless you were a travelling salesman, that butt of many questionable jokes.

Business is far more mobile today. A journey of thirty or forty miles each way to see a customer or attend a business networking meeting is unremarkable now. And, in a more joined-up world, many of us see nothing unusual in paying regular trips to visit clients or colleagues in another country.

Of course, in some ways there’s also less need for journeys, with video conferencing able to take the place of many face-to-face meetings. But that just seems to have increased contact, rather than replacing now routine business travel.

Going the Extra Mile

Unfortunately, for some business owners it’s one thing to travel forty miles each way to a business meeting, but another to go the extra mile for their customers. In the end, though, that can be what makes the difference between a successful or unsuccessful business.

Unless you’ve found a really unusual niche, the chances are you have plenty of competitors. More to the point, the chances are that most of them do the basics as well as you do — or almost as well, at least. So that’s where added value comes in.

Keep in Touch

Keeping in personal contact with your customers and prospects can make a big difference. While a mass email is a valid marketing tool, phoning up periodically or arranging meetups will help them feel much more valued. Similarly, while you might send your loyal customers a gift at Christmas, it’ll have far more effect if it comes with a handwritten note.

A certain amount of give and take will make all the difference, too. Although you don’t want to routinely give work away, adding the odd free extra now and then for one of your regular customers can show how you value them. You’re likely to eventually reap the rewards, both in loyalty and spreading the word.

Do you want more suggestions on ways to travel further for your customers? You’re very welcome to get in touch with us for a chat.

 

Is Your Business Like Your Summer Holiday?

Summer

As we are now in June, summer’s unmistakably on its way, although not if you look at the weather outside! Summer means a whole range of things, from barbecues to strawberries and cream at Wimbledon, but for most of us it means going on holiday.

If you own a business, perhaps the main connection between that and vacations seems making sure everything’s covered. But does your choice of holiday reflect the way you run the business?

Your Choice of Summer Holidays

There’s no wrong choice of holiday, as long as it’s something that appeals to you. Whether your taste is for the pool and the clubs in Ibiza or for trekking in the Himalayas, it’s your holiday.

Of course, most of us are creatures of habit, and that’s not always a bad thing. It was originally a survival strategy, and in the modern world it can help us be efficient and productive. However, it can also leave us stuck in a rut, if we don’t challenge ourselves. Even the same Himalayan trek, year after year, would become unadventurous.

That’s why sharing a holiday with someone can be both a challenge and an opportunity. As long as you’re reasonably compatible and willing to meet each other halfway, you might end up trying things you’d have never thought of otherwise.

Your Choice of Business Approach

So what does this have to do with your business? Well, here too you can opt either for being safe and familiar or for being adventurous — and, just like your summer holidays, that can work in two different ways.

Your business itself can follow a well-ploughed furrow or strike out in an unexpected direction. Again, there’s no right or wrong. If you’re an accountant or a solicitor (and we’ll always need those) you might reasonably take the view that if the model’s not broken, you don’t fix it. Or you might have a new, unexpected business model no-one’s thought of before.

Whichever you go for, though, you’ll develop ways and habits of running your business. They’ll help you run it more efficiently, but every so often it’s good to be challenged to try something new. Whether or not you choose to take up the challenge — well, that’s up to you.

Changing Directions

If you do feel it would be a good idea to try something new — whether that’s a different angle on something familiar or a bold new direction — you’ll need planning and maybe help. You’re very welcome to get in touch with the Resource Centre if you think we might help you.

On the other hand, we don’t make any guarantees about our advice on your summer holiday.

 

What Do Bank Holidays Have to Do with Growing Your Business?

Holidays

The period from late March to the end of May seems to be the season for bank holidays. Two at Easter, one at the beginning of May, one at the end — it almost seems as if a five-day week is the exception.

It can be disruptive, but bank holidays were originally introduced for sound reasons that benefitted everyone. And the same principles can help your business grow.

The Origin of Bank Holidays

Traditionally, workers in Britain were given certain religious days off work. this was primarily for going to church, though the rest of the day could be used for relaxation. In 1834, however, all these holidays except Christmas Day and Good Friday were abolished.

During the 19th century, a movement gradually gathered strength to introduce new holidays. Although the initial impetus was from campaigners for workers’ rights, many enlightened industrialists realised that they’d actually gain more than they lost through refreshed workers with a more positive attitude.

The Bank Holidays Act 1871 created four statutory holidays in England and Wales (Scotland had slightly different arrangements). Easter Monday, Whit Monday, August Bank Holiday and Boxing Day joined the two “from time immemorial” holidays, and the list has grown and changed since then.

The Benefits of Holidays to Business

Just like in 1871, business owners recognise that giving their employees enough time off is more than just an unwelcome obligation. Besides providing adequate rest, employees who have a good work-life balance are far more valuable than those who don’t.

For one thing, they’re less stressed, and consequently less likely to make mistakes. For another, a fully-rounded life plays an important role in creativity. If you want your staff to be popping with great ideas, you need them to spend time with their family, playing sports, making music — whatever’s important to them outside work.

You and the Work-Life Balance

It’s not only your employees who need a great work-life balance, though. Running a business can be stressful and full time, especially if you’re on your own. Because it’s so vital to make a success of your business, you may be tempted to devote all your time to it, at the expense of your personal life and relationships.

It doesn’t have to be either/or. Whether you hire staff to take on some of your responsibilities or outsource the tasks you don’t enjoy, it’s crucial to get your balance back.

You’re very welcome to get in touch for a chat about possible strategies. And, if you’re tempted to work through one of the upcoming bank holidays — why not do something fun instead. Your business will benefit.

Spring — a Time to Grow Your Business?

Spring is here. Well, officially, at any rate. The saying goes that March winds and April showers bring forth May flowers. We’ve had plenty of wind in March, and no doubt there’ll be showers in April, so hopefully our surroundings will soon be bursting into blossom.

Everything grows in spring — so is that going to include your business?

A New Year (Again)

The main business feature of spring is the start of the new tax year. Whether or not it has an impact on how your business is running at the moment, it’s a good time to focus on new projects and initiatives. But have you ever wondered why it’s at such a strange time?

It goes back to 1752, when we changed calendars. Before then, New Year’s Day had been 25th March and, besides moving that, the government cut eleven days from the year to bring the calendar back into sync with the heavens. But the Inland Revenue wasn’t having any of it — a tax year had to be a year. So 365 days after 25th March 1752 was 5th April 1753, and a later adjustment added it another day.

Giving Your Business a Spring Clean

Spring is also the time to give your home a thorough clean and tidy after winter. Hopefully your business has been running at full power, but it can be hard to feel positive or innovative when it’s dark half the daytime and often miserable for the rest.

So why not set yourself a new project this spring? It doesn’t have to be anything as major as a new product. Perhaps you could rethink a particular part of your strategy, explore a new channel for promoting your business or set a target for finding new customers during the spring season.

What Do You Need for Your Spring Plans?

If you were literally doing a spring clean, you’d be stocking up on cleaning products and maybe investing in a new hoover. In the same way, your spring initiative will need tools, whether those are repurposed or new.

If you want to keep it in house, you’ll need to identify which of your staff are especially suited to the tasks to be done and discuss it to make sure they’re fully on board with you. Or you may want to outsource some of it, whether that involves connecting with a business coach or using a marketing specialist. To generate leads, for instance.

You’re very welcome to give me a call if The Resource Centre can be a part of your plans. Whatever they are, I hope your business will grow and blossom this spring.

Have You Got a Plan for 2019?

2018 is coming to an end. It’s been a momentous year, and 2019 promises to pose unique challenges, and perhaps opportunities too. At the moment, of course, we’re all thinking about Christmas, whether that’s the big seasonal push for your business or relaxing with your family over the holiday.

Before we know it, though, the New Year will be here, and it’s important to be ready for it. So have you got a plan for 2019?

Why Do You Need a Plan?

Sometimes it’s nice to go out for a drive with no idea of where you’re heading. You drive around for a while, enjoying the scenery, and end up eventually back home. Or you end up hopelessly lost. You can use a Sat-Nav, of course, but that’s just going where you’re told.

All fine for a pleasant afternoon’s drive around, but if you want to get somewhere, especially by a deadline, you’ll need to know where you’re going in advance. It’s not just a matter of following a map — you have to work out how long the journey’s likely to take and allow plenty of time.

If your business is just a hobby, then there’s nothing wrong with setting out blindly and enjoying the ride. If you’re more serious about making it a success, however, you’re going to need to look at a map and plan your route carefully.

Planning for 2019

Without wishing to mention the B-word, 2019 looks likely to be an unusually unpredictable year. It’s impossible to know how the economy’s going to develop during the coming year — so doesn’t that mean there’s no point in planning?

Quite the reverse. A great business plan shouldn’t be set in stone, in any case. It’s there so that you know where you’re heading and how you intend to get there, but it also makes adjustments easier. If 2019 throws the odd curve-ball at you (as it’s likely to), your plan will help you adapt and incorporate the new circumstances into your plan.

Where Are Your Customers in 2019?

Although there are many aspects of your business that need planning. finding customers is crucial. Whether you’re a plumber or a solicitor, you won’t get far without customers. And, even if you feel you have plenty at the moment, it’s vital to know where new customers are coming from in six months. Or twelve months.

The Resource Centre could be part of your plans for 2019. For the time being, have a great Christmas and a successful New Year.