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Celebrating Mom

May 14, 2017
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Today, I’m celebrating entrepreneurial Moms. Generally, I think of women in business when I use that term, but today, I’m talking about Moms and the entrepreneurial traits they show in their family leadership roles.  In a previous entry, I explored Family Leadership in more detail. Passion Gosh, we know what that is!  As a Mom of 4, the overwhelming emotion called passion has spurred me on.  As a family leader, my conviction to support our children to be as independent as possible helped me muddle through times when they were learning to make good decisions by allowing them to enjoy the consequences of “iffy” decisions as they grew up.  For one of our children with some developmental challenges, the “expert” advice of what she would “never” do spurred me on to try many more ways to help her flourish.  And flourish she did. Passion:  intense, driving, or overmastering feeling or…

Improve your Relationship with a Weekly Conversation

February 27, 2017
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I hear a lot of family analogies used in business. This time, I’m challenging you to incorporate a business productivity practice into your family: the weekly review. Think Productive’s Ninja habits include developing habits around the “second brain”. The Weekly Review with checklists is one of the tools in exercising this habit. One of the challenges that comes with combining business with family is to ensure that both elements get focus. Incorporating a family weekly review into your practice helps facilitate communication, prepare for the week ahead and reflect on the week that was: what to celebrate (yay), what to correct (oops) and what to reign in (whoa)! Suggested Weekly Review Process 1. Gather loose ends – Collect important mail, statements, permission slips from school, newsletters from activity groups, etc. and dump them into some kind of inbox. It’s a good idea to set up a basket or tray where…

No Time like the Present Avoid Procrastination

Using the The 10 Minute Tidy Strategy to Get Results

January 4, 2017
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When our children were small and coming up with excuse after excuse for why they didn’t have time to clean their rooms, the 10 minute tidy strategy helped us move through procrastination, resistance and get results. Thinking about all the tasks that need to go into accomplishing a significant goal can be daunting.  Just like helping our children engage in the room cleaning project, strategies that help me “just start” on a new project help me get results sooner.  What we discovered was that the 10 minute commitment often stretched into more time invested in tidying the room.  The kitchen timer was always set for 10 minutes with a choice to continue or not past the buzzer. What’s the 10 Minute Tidy Strategy? Rather than asking for a commitment to complete the entire project, we just ask for a 10 minute commitment to START the project.  Because the commitment is small…

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It’s “Just Business”— NOT

November 21, 2016
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I’m often asked, “Laura, how did you manage to build a professional career, raise 4 successful children, volunteer in your community and contribute to a successful family business?” I think they are looking for that silver bullet that they can copy! The silver bullet is grit, perseverance, and focusing on what matters. Accept that there are many different ways to achieve the personal, family and career goals. In a family, talking about your family’s purpose helps all family members align personal, family, career and business activities. We wear many hats and perform many roles in our lives. What I find useful is to focus on the few roles I am performing in the moment rather than trying to keep all the hats on at once – or feeling guilty if I am not performing one or more roles all the time.Focus on what matters to you, your family, your career, your…

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“In Sickness and Financial Health…”

November 3, 2016
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    If you’re an entrepreneur or thinking about marrying one, this is no joking matter. Sure, lots of engaged couples participate in “marriage prep” courses or programs, but none of them are designed for you to really vet the partner for “fit” if you’re an entrepreneur.Even if your “head” knows you should be having these conversations, your “heart” gets in the way and they rarely, if ever happen prior to tying the knot. Ensure you’re not getting into a relationship without fulling understanding the financial health and circumstances of your future partner. My mother-in-law gave me this sound piece of advice, “Have you checked his wallet?” No one needs the surprises that come along with undisclosed credit card or student debt. Tip: Respect the JOINT finances. Treat your marriage like a business project – dedicate time to it, get on the same page, shared vision and values. Treat your…

Hallowe'en scene business fears

When You’re Scared Sh*tless

October 30, 2016
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  Hallowe’en is just around the corner and a time when zombies roam the streets along side Pokemon, princesses and favourite characters. Entrepreneurs encounter scary situations – and not just when the calendar shows October 31st! Own It! Ignoring your fears don’t make them go away. Remember when you used to hide under the bed or in the closet, thinking that if you couldn’t “see” the bogey man, then you wouldn’t be scared of it either. “Out of sight, out of mind” is a human response to fear. How many of us still hide our eyes when a scary scene arrives on the movie screen? Embrace being Human When we are scared, our brain goes into fight or flight mode. This happens automatically – our nervous system is programmed to protect us from perceived danger. The brain reacts the same way when we are afraid of taking actions, being visible,…

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Chicken & Egg… Family & Business

October 20, 2016
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  We’ve all heard the adage, which comes first, the chicken or the egg? In our family business, our adage is, “Which comes first – the family or the business?”If you’re involved in a family business, you can likely identify with that statement. I know there are many times when I’ve felt the business came first and the family second. I also know that are just as many times when the family came first and the business came second. I don’t know about you, but it seems easier to remember the times the family played “second fiddle” than the times it was the star. My heart remembers those times, but my head remembers both. Jay Hughes has been working in the field of family wealth and family enterprise for many years. I recently watched a video interview series conducted with Jay. His explanation of family wealth was enlightening. His definition…

Are you a One Trick Pony?

October 17, 2016
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The urban dictionary describes a “one trick pony” as someone who has few talents or skills. As a business owner, I’ve fallen into the same trap many of you fall into: thinking I am skilled in all aspects of the operation and in the business. I am not a ONE trick pony, but I’m not an ALL trick pony either.  So now what do I do about it? I am now AWARE of the need to change SOMETHING to grow my business, reduce my stress or save me time. If you’re like me, you mull this idea around in your noggin for a few weeks, months, perhaps years until something spurs your DESIRE to make the change. This catalyst might come from within or from outside yourself. AWARENESS and DESIRE are critical elements that need to be in place before I am motivated to do the work to realize the…

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