Kevin W. McCarthy

The Professor of On-Purpose

Business

How To Get To Business Clarity

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We have just started a New Year. 2018 is rich with possibilities—so rich, in fact, it can be overwhelming.

My word for you for this coming year is this:

Depth through business clarity.

We’re all a bit ADD these days with the pace of life and the demands on us at work. It is easy to bounce from activity to activity. Playing in the shallow end of business typically produces meager results. You’re ready! Wade into the deep end of the pool.

Be more mindful in 2018 to keep your business simpler and more focused on what matters most.

Work on depth of

  • thinking
  • planning
  • relationships
  • business performance

Instead of being scattered across the plainsThe On-Purpose Business Person book cover of busyness, get focused on the gains in business that await when your team and you pursue excellence over expedience. Once you’ve positioned your business to be a leader, then you can focus on doing more of what you do best more profitably. Sounds like The On-Purpose Business Person to me. Re-read it this New Year.

Need some executive coaching or small business advisor services or consulting? We’re here to help! Email me.

How Do I Focus My Small Business?

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How do I focus my small business?

This is one of the more common questions asked of me when I’m at speaking engagements or events. Candidly, it is a struggle I face as well. Opportunities abound for those of us with entrepreneurial instincts. But where do we plant our flag or make our stand?

For me, it was the idea of On-Purpose® well over 25 years ago. I can’t explain to you why this message came into my spirit and into my life. I didn’t ask for it. I didn’t seek it.

I expected to be a real estate mogul as a Florida-based commercial real estate developer. Through a bumpy series of twists and turns and near bankruptcy, I landed on On-Purpose. And I’ve stayed there with my focus.

Here’s my dirty little secret, however. There’s an old expression about niches that says, “You’re better off being an inch wide and a mile deep.” But what do you do when you are an inch wide, a mile deep, and then you go a mile wide again?

You see, being in and out of focus is risky at any depth. Some of the world’s largest brands will lose focus and go away. Ask shareholders from Polaroid, Enron, Bethlehem Steel, Pets.com, PanAm, DeLorean Motor Company, and Washington Mutual Bank.

Stuck Staring

I’ve been there sitting in my office staring at the walls or my computer monitor. My mind swirls with a hundred different items on my mental To Do List, but I watch another stupid YouTube video of bloopers, flash mobs, or pets or people doing funny stuff.

You’ve been there, too. You haven’t a clue what to do next because everything seems important.

Your brain is fried so you need a mental break. By default, you open up your email so at least you’re keeping up with something. A couple of hours pass at the keyboard and your true “To Do List” is only 50% longer, and a half of a day is now spent passing around pixels.

A sinking feeling leaves you even more overwhelmed and now adds personal disappointment with yourself. Ugh! How do I go about organizing the business? How do I get more focused and productive?

Admit it, you know this scenario all too well. I do! And it bugs you because it is sabotaging your business, your dreams, and your finances. With so much on the line, you wonder, How can I be so stuck? 

The Really Big Problem

Over the decades of working with business owners, this “Stuck Staring” pattern is most often associated with an ill-defined business—one being run ad hoc, in the absence of a plan.

While brilliant ideas abound in your brain, there’s no blueprint to build the business. Would you hire a home builder to construct your house who didn’t have blueprints? Yet, you’ll build your business without a blueprint.

There’s a reason most SOHO (small office, home office) or what I call Solo Owners don’t write their plans. It is rationalized as “the desire for flexibility and responsiveness to opportunity.” It’s BS. Unfortunately, keeping your options open typically results in a cycle of learning—but not one of earning.

The secret to building your business is to create an economically efficient engine of profit that is anchored deeply in your purpose and one for which you’re willing to pay the price. In other words, you’re passionate about it. Once the engine is up and running, you can afford to invest in your other ideas. Depth, not breadth, is essential. This takes discipline and commitment … to a well-designed, thoughtful, written plan.

Most small businesses don’t have written business plans or even powerpoint presentations. They would benefit from them. At On-Purpose Partners we offer a unique way to orient and organize your business around what matters the most—your purpose.

Learn more about the On-Purpose Business Plan. Using this link, invest the time to watch a 9-minute video about On-Purpose Business Plans and why they are different and helpful for solo owners to CEOs.

Candidly inquire of yourself, Just how is my plan working? If you’re not getting the results of speed to market, cash flow, and profits, then please consider a mentoring On-Purpose Executive Coaching program.

Better yet, come to Orlando and let’s invest the time needed designing your business so it is on-purpose. My team and I will bring order, focus, clarity, and direction to your business enterprise by guiding and codifying your business plan and model. Organizing the business is a couple of clicks and a few hours away. The ROI will be amazing!

Will You Have A Happy, Healthy, & Prosperous New Year?

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(This video was originally recorded in 2011. While the year mentioned is not current, the message shared is timeless.)

To kick off the New Year, I’ve gathered a handful of On-Purpose Minutes and Business Minutes relevant to the popular New Year’s toast for a Happy, Healthy, and Prosperous New Year. Rather than it being a mere sentiment, why not make it a reality or at least invest your self in making your good life even better?

Put your good intentions into action!

For each aspect of this New Year gesture, dig deeper by clicking on the provided links to relevant Minutes.

Happy On-Purpose New Year!
Kevin

A Happy New Year

Happy is rightfully a great word to be associated with New Year’s Day. Much like time itself, happiness is fleeting, yet so desired. Who doesn’t want to be happy? The term “Happy New Year” embraces the chronological odometer as it turns and makes a fresh start for 2018. Relish the reminder.

Comparing Christmas Day to New Year’s Day reveals an interesting shift of words and implications. We will say Merry Christmas, but the word most reverently associated with this Christian holy day is joy, as in the song, Joy to the World.

Joy can be one’s reality regardless of whether circumstances are happy or unhappy. Trading in happiness is a far less stable currency of emotion. Joy is the gold standard.

Are You Happily Distracted?

How Do You Get The Job Of Your Life?

How Do I Find Peace In My Life?

A Healthy New Year

Several years ago, this over-50 former athlete turned business advisor, author, and speaker was resigned to wearing “my fat suit.” This is going to sound awful, but I was so accepting of my extra pounds that I used to say, “Unless I have a cancer, I probably won’t lose this weight.” Ugh!

Fortunately, that changed in March 2008, when I was booked by Dr. Wayne Andersen (sight unseen) to be the keynote speaker at the Take Shape For Life National Convention. I did the program, lost the weight, and haven’t really looked back at my old weight since. Admittedly, the holidays are the hardest part for me because I get so out of my normal routine; it is a festive time, and I’m addicted to sweets.

Are You Starting A Diet Monday?

Do You Want To Grow Into Maturity?

A Prosperous New Year

Prosperity is so overused, abused, and misunderstood. Let’s set the record straight.

Are You Prepared to Prosper?

Blessed Are The Profitmakers For They Shall Enrich The Earth

 

Why Is My Business Struggling?

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Fortune 1000 company CEOs and small start-up business owners who have yet to make $1,000 often share the same problem—a business struggling to succeed. Economic conditions can definitely have an effect.

Many of the business challenges I see, however, are self-inflicted!

Business problems due to lack of sales revenue are most often addressed at the surface level—”We need a new website, lower prices, more salespeople, and so forth.” Sales and marketing are obvious places to look by the entrepreneur or even seasoned CEO.

Business solutions like these are where hordes of consultants and advisors earn their fees. Most often they are well earned and justified.

But wait—there’s more!

My experience as a business advisor for CEOs of multi-billion dollar companies and one person start-ups tells me that these tactical plans and approaches to problem businesses are often futile. It leaves the business struggling and focused on the wrong activities, even if well intended.

The culprit of many a business challenge lies below the surface.

If the basic business design, model, and plan have flaws then the entire business is off the mark. The larger the business, the more it lives within the corporate culture—for better or worse. Even a small defect at the core of the business can be expensive.

What To Do

  1. Watch this video on The On-Purpose Business Plan. Invest 9 minutes right now. This will help you find undiscovered wealth within your business. As you’re watching ask yourself if your business has this kind of thinking and structure in place and developed. Better yet, ask yourself the value of it if you did have it in place. When you build your business on your purpose, then you’re capable of offering a full-bodied expression of your business instead of the typically tactical and anemic offerings of today.

If something is missing in your business … it is probably here!

    2. Do This: STOP! = Start Thinking On-Purpose! 

How to do that: Try this simple exercise. Write down your “truths” about your business. This could include your assumptions about your customers, the market conditions, what it takes to sell, the benefits and features of your product or service, costs, the quality of your team or delivery … you get the idea. Jot down what you hold as a reality or truth in your business. These are your assumptions and concepts.

Next, take your list to two or three people outside your industry and ask them to review the list and to tell you their take on your observations plus their thoughts and perceptions. Avoid defensiveness. Wear your R&D and market research hat and listen—don’t tell—and just ask.

Finally, interview a few customers or targeted prospects to learn if your truths are reality or simply impressions that constrain your business development and growth. Ponder it and then adjust accordingly!

Humility Matters: Who Is Keeping You Real?

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So you think you have this on-purpose thing mastered in your work life?

Yep, as you’re getting more and more on-purpose you’re being sought and placed into positions of leadership. Your star is rising.

Now for the bad news — there’s a downside to being on-purpose.

Guard against the arrogance of being on-purpose or, ironically, you’ll end up being off-purpose.

Success can breed a winner’s arrogance versus a servant leader’s confidence and humility.

Who is keeping you grounded and real? It better be someone!

Are you a business leader looking for an executive coach to give you a true perspective on your personal self-importance reading? Below are some great referrals for you and me. Tell ’em I sent you.

1. Mary Tomlinson in Raleigh, NC. Email Mary. Mary has a stellar corporate executive background at Walt Disney World plus 16 years of being an independent coach, consultant, and speaker.

2. John Smith (yes, his real name), my mentor. Email John. John has a decades-long career in the ministry of serving CEOs.

3. Dave Vogelpohl is a senior-level business advisor with both big business experience and small business consulting insights. In recent years, Dave has been doing a lot of church consulting—when I’m not bugging him to help me sort out options.

4. Kevin W. McCarthy. Yes, I’m available for business advisory services to help individuals and organizations to be on-purpose.

Business Building: A “ME” or a “WE” Business?

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Business building is exciting.

Don’t let the excitement get the better of you. There’s a fork in the road in your business design that is too easily missed or goes unrecognized. The strategic and performance implications are profound.

If you are planning to start up a small business or are already running one, then you have a deep leadership decision about the orientation and attitude of your business as a “ME” business or a “WE” business. This orientation will play a major role in defining your corporate culture as well as the long-term sustainability of your organization—even its viability to be sold.

Here are two basic ways to go about business building:

M.E. = My Ego

or

W.E. = Winning for Everyone

Many professionals’ offices and mom and pop businesses are “ME” businesses simply by default or lack of knowing any better. “ME” businesses may provide adequate customer service, but they are more likely a source of periodic customer service nightmare stories.

Being a business advisor for over three decades, I’ve observed that most ME businesses do not have happy endings for the business owners who are unaware of the “ME or WE” business model. Either the business success is so dependent on the person that there isn’t a viable exit strategy, or the reputation of the business is so poor there’s no goodwill worth buying.

  • The employees are workers doing the owner’s bidding, so in the boss’s absence they’re lost or unable to act independently.
  • Sale of the business is next to impossible, or it will be bought for pennies on the dollar.
  • Family members capable who would be a logical part of the succession planning have long since departed the scene to carve their own way. Or worse, they’re still around as dependents. This latter situation can get ugly fast.

Generally, these ME enterprises close when the dominant or alpha personality departs by either retirement or death. If by chance, the business is sold, the valuations are almost always discounted or only asset-valuations based because the business is so revenue and operationally dependent upon the owner.

However, if you’re unwilling, unable, or just don’t care about the long-term sustainability or saleability of the business, and if you’ve made an informed decision about having a “ME” business, then press into it all the way.

As long as you’re building a ME business by design and you understand the downside and can accept it, then there’s nothing inherently wrong with just shutting the doors when you’re done.

“WE” businesses are looking for win-win outcomes for everyone involved.

Candidly, the “Everyone Profits” mindset is a challenge to design, create, and execute, but done well is far easier to sustain and manage. (Here’s a huge tip: use The On-Purpose Business Plan as a guide.) When the people thrive, the business is more likely to follow suit.

An owner who cares about people infuses that attitude to the employees, who pass it along to the customers, who in turn send their referrals.

The spirit of customer service begins with a decision about whom the business serves. If you’ve never thought about your business orientation as “ME” or “WE,” then invest a few minutes to take a hard look in the mirror. I promise you that you can improve your lifestyle, position, and business performance if you will make a TOPBPerson coverdecision regarding your business orientation and then take it deeply one way or the other.

Don’t stay in the mushy middle. Pick a direction and run to it.

The On-Purpose® Approach is a service concept with “WE” checks and balances. Yes, it is more difficult to design and develop, but it brings a sustainable and durable dimension to the business. If you need help forming or transforming your “WE” business, let us know. We have business advisors who can guide you regardless of the size of your business.

Are You Thinking of Starting a Business?

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Economic tough times, job loss, greater expression, or the chance to be your own boss are just some of the reasons people start a business. The barriers to entry are relatively low and the opportunities for success often appear high.

The hurdles to success, however, are hidden at the start but invariably emerge. Be aware of what lies ahead and you increase your odds of winning.

Looking for some help with either starting or running your business?

On-Purpose Partners provides business advisory services. Our clients and customers have spanned from Founders and CEOs of Fortune 500 companies to wannabe entrepreneurs.

If your business is less than $2 million in sales, you can hire me to help you with our On-Purpose Executive Coaching.

Can’t afford much?

  • The On-Purpose Business Person is available in softcover or Kindle e-book.
  • The Service Model is an inexpensive tool to help you plan your business, anticipate what’s coming, and understand the relationships of one level of the business to the next. Order one, just one, because you can print more from the PDF.

Here’s the bottom line for your business start-up (or ongoing venture): invest the time to articulate your purpose, vision, missions, and values.

Until you know

  • who you are
  • why you are here
  • where you are going
  • and what’s important

you’re really at a major and costly strategic disadvantage.

When it comes to your small business start-up or ongoing enterprise, give yourself every advantage by being on-purpose.

 

Is Your Business Running You Ragged?

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If your business is running you ragged, then it means you’re using old strategies in the new economy.

Is it time for an update? Perhaps this holiday season is a time to contemplate and reconsider your priorities.

In the 20th Century’s Industrial Age, much of the prevailing “wisdom” of the day was along this line of thinking: “Keep your personal life separated from your business life.” This compartmentalized approach to life provided clear lines between work and family. By and large, it worked to preserve a certain measure of sanity for much of the industrialized population that was engaged in routine, mindless work.

The downside of separation, however, is the dehumanizing of workers and poor business ethics.

When people are human resources then they are assets—commodities bought and sold by management. When we act one way on Sunday and another way on Monday, our decisions are easier and expedient but not necessarily morally sound or even best business practices.

The 21st Century, however, is in full swing into the Knowledge Age and the knowledge worker.

Separation of one’s work and life isn’t so easy because we carry our work in our heads.

It was easy to walk away from a milling machine, but keyboards surround us at work, at home, and on our smartphones and tablets. The lines between home and work are blurred beyond recognition.

The situation is so severe that many service companies offer “Work–Life Balance” programs to address the growing problem of employee workaholism, health, and burnout. Time management is nearly a joke anymore in this 24/7 society where our noses are glued to our apps.

Now as we stand on the edge of the Age of Purpose and Meaning where separation is a liability, just what are we supposed to do?

Do we separate? Do we balance?

The On-Purpose® Approach provides answers for the New Age. Balance in your life is a false ideal. (See: Do You Want A Balanced Life?) The 21st Century way of doing life and work is integration with healthy boundaries.

An integrated life has a point of integration—your purpose.

The more we are pushed upon, the more we need to know who we are and what is our purpose in life so we can resist, rest, and rebound. A solid core to our life enables us to establish appropriate boundaries so “Our yes can be yes, and our no can be no.” The risks of not knowing who we are is unhealthy to our body, mind, and spirit.

Gain Health! Gain Your Life!

When your business is running you, then you’re not running your life. Use the On-Purpose® Approach to run ahead and find the margin you need. The On-Purpose Peace and The On-Purpose Person set is an amazing coaching or small group experience to help you get ahead of your life so you’re in charge and on-purpose.

Be On-Purpose!

Kevin