A Day of Gratitude vs The Almighty Dollar

Thanksgiving’s always been one of my favorite holidays. It’s religiously non-denominational, politically bi-partisan, and includes any and all cultures and ethnicities who wish to participate in a day of thanks for what we’re grateful for.

This year my day of gratitude bubble got popped. In the name of the almighty dollar, Thanksgiving is now destined to be about spending money rather than giving thanks.

As a business consultant, encouraging companies to make more money isn’t the issue here, especially given the current economic predicament. What sucks is the timing of BLACK FRIDAY. Like as if this shopping frenzy was to be held a week after Thanksgiving people wouldn’t take advantage of the killer deals being offered.

As soon as the first big box store opened at break of day, the morning after Thanksgiving, the rest had to jump in or lose their share of the revenues. Then one had the brilliant idea to open at midnight Thanksgiving night, because waiting until the crack of dawn wasn’t good enough, and again the rest had to follow suit.

So here’s my dilemma … I’m a firm believer in the philosophy that there’s plenty enough money for everyone who’s willing to work for it to have their fair share, but I’m seriously concerned that the greed factor in America is out of control. Everywhere we look these days money is becoming the influencing factor in decision making.

Is taking one day a year to just chill out and be thankful asking for too much?

Barry Moniak

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Busting The 10 Biggest Small Business Myths

Unfortunately, small business owners believe a lot of myths about how to run their companies. These are things they assume to be true, but when put into practice, simply don’t work. Here are the top ten business myths, and the truth about each of them.

1. The customer is always right. If the customer was always right, every company would be out of business! Running a business at the whim of the customer will never lead to a profitable company. However, since the customer is always the customer, it is important to see things from their point of view, listen and empathize. The next step is to firmly set their expectations from the start so they will be satisfied at the end.

2. Build it, and they will come. This is not the Field of Dreams! Just because a founder builds it does not mean customers will line up to buy it. The corollary to this myth is that customers will always buy the best product. Success in business is really about building the best distribution and marketing for the product. This is where so many business owners forget to focus.

3. Sales is the most important number. Nonsense! In measuring financial performance, sales are vanity, cash flow is sanity. It makes no sense to grow the sales of a company if they keep losing money over a period of time. Is there less money at the end of the month than at the beginning? Fail! Successful small business owners focus on cash flow and know how to read their cash flow statement.

4. Team work is about building consensus. While the success of the company does depend on building a great team, let’s not get confused. Steve Jobs always said that consensus is not the same thing as collaboration.  The leader sets the direction and the team needs to be able to effectively work together to accomplish that objective.

5. The financial numbers can be outsourced. No they can’t! Financial statements are the company’s score card. If an owner does not know where they have been, how can they know where they are going? Profit and loss, balance sheets and cash flow statements need to be reviewed and understood every month.

6. Customers only care about low prices. Some of the best companies in the country deliver low price and great customer service—like Wal-Mart, Southwest Airlines and Costco. Since most things are a commodity, small business owners will not be successful competing on price. They need to focus on the value their solution brings to solving the pain of the customer.

7. Under-promise and over-deliver. The myth is that if a company sets the expectations of the customer low, and then subsequently exceeds them, their satisfaction goes up. The truth is that if the expectations are set too low, the company will never have the opportunity to get or retain that customer.

8. Success is about making money. Sure, it’s one of the ways to keep score, but if the small business owner focuses on only getting rich, then he will never achieve it. Build value and cash flow from the company, and the financial rewards will always come.

9. Spend money to make money. The truth is that too much money can actually make the business owner stupid! Throwing a lot of money at a problem is proven to be wasteful and not an answer to any solution. Spend money carefully and measure each investment’s results.

10. Be active on all social networks. The truth is that social media can be a world wide waste of time. The small business owner should find out where his customers’ and prospects’ conversations are happening. Then, focus consistently on that social media tool to become part of that conversation.

What are the biggest myths that you have busted?

Barry Moltz

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A Wonderful Message by George Carlin

The paradox of our time in history is that we have taller buildings but shorter tempers, wider freeways, but narrower viewpoints. We spend more, but have less, we buy more, but enjoy less. We have bigger houses and smaller families, more conveniences, but less time. We have more degrees but less sense, more knowledge, but less judgment, more experts, yet more problems, more medicine, but less wellness.

We drink too much, smoke too much, spend too recklessly, laugh too little, drive too fast, get too angry, stay up too late, get up too tired, read too little, watch TV too much, and pray too seldom. We have multiplied our possessions, but reduced our values. We talk too much, love too seldom, and hate too often.

We’ve learned how to make a living, but not a life. We’ve added years to life not life to years. We’ve been all the way to the moon and back, but have trouble crossing the street to meet a new neighbor. We conquered outer space but not inner space. We’ve done larger things, but not better things.

We’ve cleaned up the air, but polluted the soul. We’ve conquered the atom, but not our prejudice. We write more, but learn less. We plan more, but accomplish less. We’ve learned to rush, but not to wait. We build more computers to hold more information, to produce more copies than ever, but we communicate less and less.

These are the times of fast foods and slow digestion, big men and small character, steep profits and shallow relationships. These are the days of two incomes but more divorce, fancier houses, but broken homes. These are days of quick trips, disposable diapers, throwaway morality, one night stands, overweight bodies, and pills that do everything from cheer, to quiet, to kill. It is a time when there is much in the showroom window and nothing in the stockroom. A time when technology can bring this letter to you, and a time when you can choose either to share this insight, or to just hit delete.

Remember, spend some time with your loved ones, because they are not going to be around forever.

Remember, say a kind word to someone who looks up to you in awe, because that little person soon will grow up and leave your side.

Remember, to give a warm hug to the one next to you, because that is the only treasure you can give with your heart and it doesn’t cost a cent.

Remember, to say, “I love you” to your partner and your loved ones, but most of all mean it. A kiss and an embrace will mend hurt when it comes from deep inside of you.

Remember to hold hands and cherish the moment for someday that person will not be there again.

Give time to love, give time to speak, and give time to share the precious thoughts in your mind.

AND ALWAYS REMEMBER:

Life is not measured by the number of breaths we take, but by the moments that take our breath away.

If you don’t send this to at least 8 people … who cares?

George Carlin

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Inadvertently Pushing the Wrong Button

… even when you’re trying not to

Have you ever had a conversation at work or in your personal life, where you wanted to either share something – or find something out, and somehow the dialogue deteriorated to a bad place?

I know that in the spirit of walking my own talk, when I engage someone in a discussion, especially if it’s a topic of significance – I approach the communication with a sense of openness and a conscious intent for a mutually beneficial outcome.

But sometimes, even when I’m using the same tools that I share with audiences and clients, the situation backfires on me and becomes exactly what I was trying so hard to avoid.

There’s a phenomena in the human psyche referred to as anchors. It happens when a person is in a highly emotional, agitated or fearful state. A psycho-emotional-physiological association is imprinted as a memory attachment to that particular moment in time.

What’s bizarre about this is that sometime down the road, even decades later, that very same highly charged state can be instantaneously reactivated for no apparent reason.

Here’s a couple stories that demonstrate what I’m talking about.

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Years ago I was having a communication with a lady after dinner. We were talking about how our relationship was evolving and beginning to explore what a future together might look like. She shared with me that she had some trust issues stemming from people having let her down by not being there for her when she really needed them to be.

I positioned my chair so that our knees were almost touching and placed my hands on her knees. I was proceeding to let her know that I would never behave like the people she was describing to me, and before I’d even finished the first sentence, she pushed herself away, jumped up and became highly agitated – to the point she almost ran out of the house to protect herself. I was dumbfounded.

After calming down, she told me an incredible story. Her earliest childhood memories were of her mother (a woman who was eventually deemed clinically insane) sitting her down in a chair directly in front of her, knee to knee with her hands on her knees and scolding her in a psycho-emotionally violent way for hours on end.

And here I was, decades later, pushing on the very same button, and causing her to go into a state of sheer panic. This was so not the end in mind I was aiming for.

- – -

In a more recent situation I was dating a lady, and this relationship had an extra degree of challenge because our primary languages weren’t the same, and we’d each grown up in very different cultures.

A few times I noticed that we were drifting apart rather than becoming closer, so being Mr. Communication, I suggested we sit down and have a nice chat, thinking this would help to close the gap. Each time I used this strategy she’d become defensive, and once again, the situation was moving in the exact opposite direction of where I was hoping it would go.

Remembering the encounter from the earlier story, I decided to ask her what happens inside, mentally, emotionally or physically, when I asked for us to sit and talk. She replied that in her cultural upbringing if she was performing as was expected of her no mention was ever made, however if there was a problem with her performance, her parents, older siblings, teachers or employers would ask her to sit down so they could express their dissatisfaction.

So here I am again, with the best of intentions, pushing a button to an anchor I didn’t know was there.

- – -

The message here is that if you’re attempting to have a meaningful communication, and it’s going badly, you might want to explore the possibility of an anchor having been tripped. If this is the case and a button has been pushed, until that anchors dealt with, the likelihood of a healthy and productive communication is not so good.

Try inquiring as to what happens internally when you engage them about this particular topic, or how they may be reacting to your communication style. You might find some interesting pieces of experiential information tied to an anchor which is inevitably hindering your good intentions.

Barry Moniak
Change Agent

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My 1st Impression of Leadership

As a young teen, I recall the 1962 film “Taras Bulba”, as having a rather profound effect on me. The movie was set in the 1,800’s with Yul Brynner as a Cossack officer and Tony Curtis as one of his sons.

While the son was growing up there were numerous occasions where the father would dismount his horse, and in front of all the other mounted Cossack warriors, wrestle with his son. Eventually the father would throw the son into the river in a gesture of what I thought to be an act of humiliation.

The scene which stands out so strongly in my memory is when the son has become a young man, and the scenario is playing out once again. Only this time while wrestling the son picks up the father and throws him into the river.

There’s an awkward period of silence, including all the mounted Cossacks. It’s one of those “you could hear a pin drop” situations. The son appears to be in a state of shock and remorse over what he just did. I’m about ready at this point for the father to draw his sword and behead the son for his disrespect and dishonor.

What happens next is an uproar of triumphant jubilation amongst the Cossack warriors. Both the father and the son are being celebrated in the highest of regard. The father had made his son even stronger and more cunning than himself. And the son had demonstrated the where with all to be their next leader in the event the father became too old or was killed in action.

When I looked at my family structure, and the social world which was beginning to come into focus around me, things appeared to be radically different that what was being depicted in this movie. I was to respect my parents, school teachers, and religious leaders, as authority figures … although I was never quite sure why.

The idea of respecting ones elders – just because they’re your elders – never sat well with me. Guess I was craving some real leadership, only I didn’t know what that meant back then. None of the leaders in my life at that time were helping me to become a better person, and they certainly weren’t trying to make me stronger or smarter eventually than they were.

So where are our modern day Taras Bulba’s? The leaders who are ready, willing and able to wrestle with us, challenge us, inspire and motivate us? I’d like to believe that as a person of influence, my daughters and the people I’ve served personally and professionally, might surpass me some day in their accomplishments and achievements.

How about you … What will your legacy be?

Thanks for joining me and feel free to forward this on to anyone you feel could benefit from the message – or who might just enjoy it.

Till next time – may you find your empowerment – and may your empowerment find you!

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Leading a Priveleged Lifestyle

It’s interesting how so often those living privileged lifestyles are willing to offer advice to those less fortunate. Far easier to have an abundance mindset when the amount of money coming in is greater than your bills, or if there’s enough money in the bank to be able to plan ahead for years, even decades. But what about the people who are working their assess off and it still isn’t enough to make ends meet. They’re being forced to constantly make decisions about what doesn’t get paid, or who doesn’t get fed the way they should. How does an abundance mindset work for people who’s daily reality is shouting back at them that for all their efforts it’s just not enough?

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Leadership Failure – 3 Key Symptoms

Rick Johnson’s article on the tell tale signs of leadership failure caught my attention because the signs are so readily apparent. Leaders in this scenario tend to become more narcissistic, paranoid, and inadvertently do things which accelerate  the endeavors ultimate demise.

Leadership Failure – 3 Key Symptoms – by Rick Johnson

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10 Must Have Leadership Traits

This article from Industry Leaders Magazine is a potpourri of ideas on leadership from 10 extremely effective leaders. They range from spiritual/philosophical icons to some of the most successful individuals in business world.

10 Must Have Leadership Traits – What world leaders have said about leadership

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We’re human BEINGS after all!

Who we are is human beings … yet so often we perceive ourselves and others as human doings.

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Responding to Comments in Social Media

Earlier today I was asked a question about my social media practices that’s worth sharing. In a face to face situation, when someone comments on something you’ve said or done … would you just walk away … or would you respond to them? So why wouldn’t we do the same in social media world? If someone took the time and made the effort to leave us a comment … are we going to walk away or respond to them?

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