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Traction Inc.

06 Feb Business Coaching: 5 Great Lessons Learned in Business

Posted at 8:30:00 AM by Chris Hallberg


One of the great things about the world of business is that you can't help but learn something new every day. There are five great lessons in particular that you're definitely going to want to embrace with every fiber of your being.

Healthy Relationships Are Key

The most effective businesses are usually those with healthy leadership teams. Not only does this help create the type of relationship that is mutually beneficial for everyone, but it also helps create a more productive environment. Simply put: if everyone enjoys each other's company and is getting along, they're more likely to put their all into furthering the goal of the organization as a whole.

Most People Would Like to Ignore Their Problems

The vast majority of all people hope that by ignoring certain issues, they will just go away altogether. Not only is this not true, but more often than not it causes small issues to turn into much bigger ones. Addressing issues in their nascent stages is always a key to successfully navigating these types of obstacles.

Build a Culture, Not a Company

As a business leader you should be hiring, firing, reviewing and rewarding based on one thing and one thing only: your core values. Doing so will help make sure that you're hiring employees who will be more likely to not just do their jobs, but to give back to the organization as a whole. It also helps create the type of culture that potential employees, customers, clients and even investors can't help but want to be a part of.

Establishing and Completing Quarterly Rocks and Weekly To-Do's Has the Quickest Impact on Your Organization

Simply put, "Quarterly Rocks" are the types of priorities that your team will be focusing on quarterly. Weekly To-Do's are similar in concept, but they are much more immediate by virtue of the fact that they happen weekly. These have the quickest impact on your organization's productivity because they're an incredibly effective way to prioritize exactly what needs to be done. Can something wait until later on the quarter? Then you probably shouldn't be working on it this week if your "Weekly To-Do's" still aren't completed.

The Fear of Doing Something is Always Greater Than Actually Doing It

This is true in nearly every aspect of life. Think of the person who was always terrified of going skydiving, but really want to anyway. What do they say as soon as they hit the ground? "I really want to do that again." The stress and grief that you will experience doing something that you don't necessarily want to do will be absolutely nothing compared to the power that your own brain will give those same ideas. By remembering that the fear is only in your head, you can empower yourself to take chances and make bold moves going forward.

These are just a few of the lessons that the business world can teach you on a daily basis. If you ever meet someone who tells you that they've already learned all there is to know about business, remember a very basic rule: they're probably trying to sell you something and they're not doing a very good job of it.

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Topics: Business Coaching