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Kevin W. McCarthy

The Professor of On-Purpose

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Are You Thinking of Starting a Business?

November 30, 2017 By kwmccarthy

 

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?

November 23, 2017 By kwmccarthy

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

What Makes for a Good Day’s Work?

October 19, 2017 By kwmccarthy

What is your measure for a good day’s work?

Chances are you know a good day when you have one, but do you have any specific measures that you could apply to your workday? If you don’t have specific measures, then is it any surprise that so many days are less than fulfilling?

A consistent comment I hear from business advisory clients is dissatisfaction and lack of personal productivity.

Because most of my clients are business owners, CEOs, and presidents, they tend to measure company sales and profits as the basis of success. Of course, that measure is really one for the business, not the person.

Today I’m turning to you to share your standard(s) for what makes for a good day’s work for you. Please use the comments section below today’s On-Purpose Business Minute to share your thoughts with all of us.

Be On-Purpose!

Kevin

 

What Do You Do? (The “Do Do Dialogue”)

January 26, 2017 By kwmccarthy

You’re at a business or social event and the inevitable question arises, “What do you do?” Now is the time for your “Elevator Speech” to kick in and smartly sell your product or service. Or is it?

Most often we tell the inquirer our job category (e.g., I’m an accountant, plumber, salesperson … ) or job title (VP, realtor, sales representative) and where we work. At this point, the conversation often goes relatively quiet as they offer an unknowing, polite, or perhaps perfunctory response about your work, “That’s nice.”

If you dislike your work, perhaps ending the conversation about your job plays to your advantage by avoiding a disheartening conversation. It may also be that the person was simply making polite conversation and has no real interest in your business.

The other extreme is the canned elevator speech where your tightly crafted unique selling proposition is flawlessly presented worthy of a Toastmasters’ award. You’ve rehearsed it over and over so now you’ve said it. What do you get in return?

“Oh! That’s nice,” again. Then the person walks away for fear of being sold or bored by a rehearsed jerk with robotic responses. You were insensitive to the person.

No one likes to feel stupid or feel like they are being sold. Under either approach, at best they only have a shallow concept of what you really do and how you truly make a difference for your clients or customers. In short, you’re either putting them to work figuring out what you do or you’re working them over with your sales pitch.

The Do Do Dialogue takes a bit of thinking on your feet mixed with some advanced preparation. The goal isn’t to sell or present. Rather it is to discover how you can help them, how they can help you, or what a referral or recommendation looks like for either of you. (Yes, some of us actually think that way from the start).

Assuming, however, that you are an on-purpose business person working in an on-purpose position, then you truly are interested in the on-purpose business approach of Doing More Of What You Do Best More Profitably. If that’s the case, then your response to their question just short-circuited an organic opportunity to earn a new client or gain a source of referrals or just make a friend.

Instead, what if you had a respectful and relevant response that actually got the person interested in what you do—or at least more interested—while providing a clear understanding of your on-purpose customer? 

In either a business or social setting, before you show up, think about where you’re going to be. Who you’re going to meet. This gives a huge clue as to appropriateness of response. If you’re at a neighborhood block party or the Chamber of Commerce Lunch, then you’re walking into different settings. Be wise to that.

Here’s the social setting response when asked, “What do you do?” I quickly assess whom I’m speaking with: a retired person, a young mom, an unkempt teenager, or a man in his working years.

“Do you know how many (retired persons, moms, teens, or working adults) often feel that their life is meaningless?”

Their response is typically, “Yes.”

Then I say, “I help my clients write their purpose in life and make decisions that are aligned with it so they are on-purpose rather than off-purpose.” The next question from them is typically, “How do you do that? Are you some kinda life coach?”

My response isn’t to directly answer their question, but to probe a bit further. “Why do you ask? Do you know someone who is looking to know their purpose in life?”

At this point they’ll talk about themselves or someone they know. Now I can probe further. “Tell me about that.” So rather than telling them I have a company that “does life coaching,” I model it for them by becoming interested in them.

In a business setting, I’ll assess the person but unless I know otherwise, I always assume they are a P&L business leader because that’s my clientele. I want them to get someone in mind who needs my help.

I’ll say, “Do you know how stressful it is for (business owners, sales people, executives) who are charged with making (a profit, sales, a budget)?”

Their response is typically, “Yes.”

My next “do question” is likely to be, “Does someone come to mind?”

Again, they’ll either self-identify or get someone in mind. Then, I probe further, “So what’s that story?”

Each of these series of questions has the potential to open up a powerful conversation about either the person or someone they know and just might introduce you to. 

Learn the “Do Do Dialogue” and you’ll transform small talk into engaging opportunities. Who knows, you might just gain a new client or a referral and truly do more of what you do best more profitably.

Subscribe for free to The On-Purpose Minute and On-Purpose Business Minute. Enroll by clicking here and following the instructions.

What Is Your Cost of Being Off-Purpose?

September 10, 2013 By kwmccarthy


Put on your financial hat for an On-Purpose Minute. If I asked you to pay me $1.22 to help you save a portion of $1,000, would you “risk” it? Most likely, yes. It is an easy business decision. In fact, you would probably ask, “What’s the catch?” There is a catch!

Prior to the 30-minute webcast of The POWER of Your 2-Word Purpose Statement (watch here), I conducted a survey of registrants. One of the survey questions was, “If you had to put a U.S. dollar figure on being disadvantaged without or a weak purpose, vision, or mission statement, which best reflects your cost of being ‘off-purpose’?” 

The multiple choice answers can be found in the first seven columns (see chart below) plus “Other.” Over 47% of those surveyed indicated the cost of being off-purpose was over $1,000,000. Astonishingly the write-in text for the “Other” included words like immeasurable, incalculable, and priceless. At 22% it ranked highest. Not bad for an un-choice!

To be on-purpose, you need to make an intentional choice to actually do something about it. The ROI is amazing, especially for those in the 47%  group. Immeasurable, incalculable, priceless? Yes!

Cost of off-purpose breakdown p1

Your Work View

September 1, 2008 By kwmccarthy

Today is Labor Day in the USA.  Ironically, it is a day when many of us have the day off from work and the kids are out of school.  According to Wikipedia, Labor Day began as "a street parade to exhibit to the public ‘the strength and esprit de
corps of the trade and labor organizations,’ followed by a festival for
the workers and their families."

Let’s take the occasion, however, to look at the very nature of our labor and its meaning.  The concept of work is vitally misunderstood in many corners of the economy and culture.

For those of us who view work as an expression of one’s calling and difference making, work conjures positive feelings and robust expression of who we are.  For many others the concept of work elicits harsh bondage and dependence on the whim of their boss.  Still, there are some who would wash away all work and settle for a life of recreation and parties.  So what view of work works?

[Read more…] about Your Work View

Blessed are the Profit-Makers

May 16, 2008 By kwmccarthy

Blessed are the profit-makers, for they shall enrich the earth.

[Read more…] about Blessed are the Profit-Makers

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