As a sports nut, the two weeks of competition at the Olympic Games in Rio is a must see, not to be missed at any price. The passion and drama and the small margins between glory and defeat are on display for all to see across every sport.
As a business coach, these two weeks seem to be a never ending stream of lessons about what it takes to be successful in sport which can be used to illustrate what it takes to be successful in business.
When watching the struggles of the rowers on the first day of competition in Rio, I was struck by the fact that the struggles faced by the rowers with atrocious weather conditions were analogous to the difficulties often faced by business owners.
When starting out in business, we row like mad just to keep our heads above water. As the business grows, we have to row even harder as our focus shifts to making the next sale, keeping costs under control, hiring the right people, managing the cash flow and so on. There feels like a never ending list of things that need to be done in order to keep moving forward and ensure sustainable growth.
As a business owner/leader we often feel that if we stop furiously rowing the current will sweep us into places that could prove perilous to the survival of our business.
Consequently, in rowing so furiously just to keep ahead we often fall into the trap of getting caught up in working in the business rather than focusing on working on the business… The pleasure, the excitement and the energy we once had when starting out disappears only to be replaced by a sense of falling out of love with our business. The very reasons we started forgotten on what feels like an arduous journey. But it needn’t be this way.
If you are in this place now or want to understand how to avoid falling in into this trap, I am running a series of workshops designed to assist business owners & leaders deal with the challenges of growth. For more information and to register, please click on the appropriate link below.