WHY ALL ENTREPRENEURS NEED A SUPPORT SYSTEM

When you are an entrepreneur, it is easy to become enclosed in an isolated bubble of your own making. That can lead to burnout. It also keeps you from the support of others. This Huffington Post article by Ali Mirza, a member of the Young Entrepreneur Council, provides insightful tips for young entrepreneurs that can be adapted for all.

Here is an excerpt:

“No great entrepreneur of the past has ever succeeded without feedback and support. Successful entrepreneurs surround themselves with like-minded peers who challenge them, push them and brainstorm with them. Anyone who has achieved business renown has done so by working together with others, and constantly opening themselves up to new ideas.

It takes drive, gumption and intent to get involved in a dynamic support system. This is where outside mentors can step in and act as guides to young entrepreneurs so that they can mature into well-rounded business people. These mentors could be industry veterans, peers, or even former clients! Connections form in surprising ways.

… Networking is also key, not only for finding a mentor but for connecting with peers and future business associates. In addition to establishing your brand via a social media presence, you must reach out to others through live networking events in order to make your presence known and get noticed.

Whether you’re running a startup or an established brand, you should always be connecting.”

ARE YOU WILLING TO BECOME YOUR BEST IN BUSINESS?

Mike Kotsis, an entrepreneur who successfully led his third-generation family business through the worst of Michigan’s economic downturn, is a fellow Certified EOS® Implementer. His new post at the EOS Worldwide Blog struck a chord with me. This excerpt shows why:

“As your company grows, it gets exponentially more complex all by itself. When it comes to running the company, small business leaders need to intentionally make communication, processes, and systems simpler. Otherwise your company’s growth strategy will hit the ceiling.

Two members of my client’s leadership team were extremely detail-oriented, and they intended to solve their hiring challenges by creating a hiring process. It was a great idea, but they were so detail-oriented that the hiring process turned out to be 55 pages! They were frustrated that their hiring process still wasn’t working. It was too complex for anyone to use! They ended up rewriting a three-page version of the most essential steps. It became simpler to use and to track, and it yielded much better results.

The team members had real, rich, and raw conversations around these five points. Each member of the team reflected on their own behaviors and actions that were holding the company back. They realized that “becoming your best” isn’t automatic, and it isn’t always easy. But the team reflected and reset its priorities with a fresh outlook and a renewed focus.

Since this quarterly session, just over a year ago, the team has nearly doubled their revenue and their profits and they report that they feel like they finally have a team of accountable people in place throughout the company.

Are you really willing to become your best?”

Read his full post here.

THE CISNEROS GROUP IS LAUNCHED TO HELP NEW YORK CITY - METRO ENTREPRENEURS GROW, PROSPER & THRIVE

We have officially announced the launch of The Cisneros Group, a consulting firm established to help New York City and metro-area businesses to expand and become more profitable.

Specializing in EOS®, the Entrepreneur Operating System, we serve companies with sales from $2-50 million and 10-250 employees in the retail, service, manufacturing, transportation, wholesale, agricultural and construction industries.

The Cisneros Group utilizes a program implemented over five day-long meetings to discuss, understand and apply the EOS® systems, which have been used by thousands of entrepreneurs and featured in Entrepreneur, Forbes and Inc. The EOS Model™ addresses six components of every business that must be managed and strengthened to be great: vision, people, data, issues, process and traction. This model applies to businesses in any industry.

Benefits for companies who learn to apply the EOS® principles include:

•           continuously producing better results

•           breaking through to the next level of performance

•           consistently understanding and focusing on priorities

•           executing more confidently and effectively

•           collaborating more harmoniously with each other

•           maximizing meeting productivity

•           being empowered with the confidence that leads to effective decision- making

Please see our press release for full details.

HOW TO GET A BETTER GRIP ON YOUR BUSINESS

EOS®, the Entrepreneurial Operating System that I teach business owners how to practice, is a set of concepts and tools that has helped thousands of entrepreneurs get what they want from their businesses. I often refer to it here. Many articles, blogs and books have been written about it.  

If you would like to learn more about how EOS works, Traction: Get a Grip on Your Business, by Gino Wickman, is an excellent way to start. He has dedicated his life to learning what makes businesses thrive. At 25 he took over the running of the family business, which was deeply in debt and in need of help. After turning the company around and running it for seven years, he and his partners successfully sold the company.

Based on his years of real-world experience, Gino developed the Entrepreneurial Operating System (EOS®). It is a practical method for helping companies achieve greatness. Today, the EOS Tools are being used by tens of thousands of companies.

In Traction, he shares the secrets of strengthening the six key components of your business. You’ll discover simple yet powerful ways to run your company that will give you and your leadership team more focus and growth. Successful companies are applying Traction every day to run profitable, frustration-free businesses—and you can too.

If you are in the Westchester, New York area and would like to learn more about applying the EOS system to make your company thrive, please contact me to schedule a complimentary appointment.