Coaching Conversations - Ep 15: How to Deal with Adversity in your Business.
Release Date: 10/26/2020
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info_outlineIn this episode of Coaching Conversations, business growth experts Nick and Chris reveal the secrets of good organisation.
Chris is back from a well-earned break and admits, facing an avalanche of work is stressful enough without good systems in place.
Fortunately, Nick has proven advice for effective day planning – the bottom line being, you will be more effective when you prioritise, intentionally focus and most importantly, remove distractions.
Working smarter, not harder is wonderful in theory – but how do you get there when every day is frantic and unpredictable?
Learn a few new tricks in this inspiring episode of “Coaching Conversations” with Nick and Chris ….!
Show Notes
0.25 Welcome to the show and intro (and yes it IS Chris’ birthday today and his kid wanted cake for breakfast… naturally).
3.00 Nick and Chris discuss their own secrets to good organisation.
4.00 Firstly, Nick is all about “time”; business owners generally work 8 – 10 hours a day – and jump back on at night for a few more. Nick believes you must be regimented with your time to avoid burn out and poor health. Prioritise. Get up half an hour earlier. Do yoga. Meditate. Exercise. Whatever it takes. Make yourself priority number one. That’s non-negotiable.
7.00 Me Time. Food Time. Knock Off Time. Nick believes you can get serious work done in 4-7 hours with decent systems and the right people in the business. If not, you need to adjust your timing to be productive.
8.15 Secondly, Nick is all about “tactical”. Can someone else do the job faster? Are you wasting your time and knowledge when you could be doing something more productive? Software programs, calendar management – look at the tools you use to manage your day. Nick likes to work 15 hour days, Tuesday to Thursdays - and this is how he does it!
10.14 How do you work smarter, not harder? Save money – not spend money? Chris talks about the Two “D”s. The first D is “Remove Distraction”. The second is “Discipline”. You can have the greatest systems in place, but if you don’t follow it, you’re in time management trouble all over again!
15.00 If you want to work three days a week, 15 hours a day – you must have discipline. Remove all distractions and apply focus to ensure you get all the priority based stuff done first. Nick factors travel time into his calendar.
17.10 Intentional focus v distracted focus. Don’t be disrespectful of time. Yours and other people’s.
18.05 Elon Musk’s time management philosophy; he manages his day in five minute increments. The dichotomy is that regimentation actually affords freedom.
21.05 Have you read the book “Profit First”? In it, Mike asks how you can achieve double the output with half the time and resources.
23.35 If you have any questions or thoughts on marketing your business or marketing in general, reach out to Nick and Chris (and remember to ask for your free Quarterly magazine …!) [email protected]
EPISODE SUMMARY
It takes discipline to improve efficiency in your business.
How to crunch twice the amount of work into half the time? Remember the reward for efficiency is a win/win for your team and the company – no one says no to extra money or time off, so work towards these goals.
Ask yourself repeatedly, what are you doing with your time? How do you remove distraction? What do you need to enable more discipline? What do you need to plan? Your calendar is your best friend so fill out every working day minute and you will see where spare time is possible.
Time and Tactical. Distraction and Discipline. Focus intently on the basics and get your life back – while staying the successful course in business.