SubscribeSMALL BUSINESS LEADER September 2007
Small Business Leader
"Lead Your Business to Success" ISSUE #97
September, 2007
In This Issue
Business Success System Course
Events
Feature Article
Small Business Leader Marketplace
About The Publisher & Feedback
Quick Links
Register Now
Past Newsletters
More About Us
Note from Marian:
This issue will be short and sweet. I'm getting ready to take some time off in mid-September to visit my sister and nephew in Texas.
This month Ramon Ray and I are starting to work on Small Business Summit 2008, scheduled for February 12th. It's early yet, but you know it's going to be another energy-filled event where you'll learn and connect. And we have some exciting new sponsors and team members already on board
In October I'm initiating the monthly Business Partnership Tele-Forum, where we will come together on a conference call once each month with a guest expert in business partnerships. We'll do some situational coaching and you'll have lots of time to ask your questions. Details will be out later this month. Just be sure to save the date, October 23rd.
September means back to business for many small business owners. Read this month's very short article, "The 3 R's of Business Leadership" to get you in the right frame of mind.
To your success,
Marian Banker
Publisher
Small Business Leader
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NOTE: We have had to disguise some words in order to keep them from getting caught in the $pam filters. Please bear with us.
Business Success System Course
Want your own Personal Roadmap to Business Success? Take Command of Your Business with the Prime Strategies Business Success System Course. Gain the confidence to make well-calculated strategic business decisions in spite of challenges and crossroads.
Included is a step-by-step guidebook, interactive tools to organize your thinking and your actions, plus coaching audios to support you as you take each step in the system. It's totally risk f*r*e*e because it comes with a 100% satisfaction *guarantee*.
Order Now
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Events
Save the Date: Tuesday, October 23, 2007, 1 - 2 p.m. EST
Business Partnership Tele-Forum
Join others on a teleconference call with partnership experts and peers where the focus is on partnership concerns and issues. The topic for October will be Why Do I Need a Partnership Agreement? Our guest expert is, Nina Kaufman, Esq., a Partner in Paltrowitz & Kaufman, who recently released her book, "100 Vital Questions to Ask Before Going Into Business With Someone Else".
More info soon, but mark your calendars now.
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Feature Article
The 3 R's of Business Leadership
By Marian Banker
Are you a leader? If you're the owner of a business, by default the buck stops with you. But that doesn't necessarily mean you're functioning as a leader.
When you don't step up to the plate, take charge, make a decision on a timely basis and see that it's carried out, you're creating a potential problem. Your job as leader is to make decisions and take action. When decisions are put off because you're not sure what decision to make, or you take action without really making a decision, problems can start to pile up. That's when your business can get into trouble.
Yes, it's true, every business decision involves risk. As the leader you bear the responsibility to make the right decision in order to reach your reward. These are what I call the 3 R's of Leadership: Risk, Responsibility, Reward.
Risk
Let's face it, with any decision there is the risk of making the wrong choice. What do you need in order to make the right choice? One of the first places to check is the Plan you have for your business. Consider which choice will most likely lead to your goals? Also assess if the marketplace and economy will support the decision and are your internal operations able to support it?
What you're seeking when there's risk at stake, is confidence. The key to gaining confidence is to gather all the pertinent information, analyze it and base your decision on what you learn.
Responsibility
Since it's your responsibility to make the decision, the ball is in your court whether you like it or not. You also have to create and carry out a plan of action pertinent to your decision. You gain new confidence every time you carry out your plan of action and assess the results.
It's your responsibility to know what is going on in your business at all times. You can only do that if you have ways to get the information you need. So it's your responsibility to have adequate systems and procedures in place to carry out any decisions you make and provide you with information to assess results.
Reward
When you lead your business, taking the risk and bearing the responsibility, there will be a reward. Know what your reward should look like. Keep it in mind at all times as you make choices that take you closer to your target. Reaching or surpassing the goals you've set for yourself is your best reward.
Prepare yourself to take the risk, bear the responsibility and reap the reward of being a leader?
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Small Business Leaders' Marketplace
Introduce your product or service he.re.
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Are You Taking Care of You??? You're working hard to grow your business. It's easy to forget about taking care of yourself. Young Living Essential Oils- therapeutic grade and enhanced products-http://www.youngliving.org/DivineHealth- or http://www.oil-testimonials.com/3031 provide ideal alternatives for a variety of personal care needs. Why not put them to work for you?
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About The Publisher & Feedback
ABOUT THE PUBLISHER:
Marian Banker has been publishing Small Business Leader since January, 1999. Her focus is on bringing to the busy entrepreneur a quick look into the current world of small business from the perspective she's gained through coaching, consulting and training entrepreneurs in both service and product based businesses.
Marian offers individual coaching, business support groups, seminars and workshops on topics of critical interest to small business owners. Her monthly Lunchtime Telephone Roundtable has proven to be a popular way for business owners to come together around a specific business topic without leaving their office. See notice about this month's topic in the content above.
To learn more about her services, visit http://primestrategies.com.
FEEDBACK:
Your feedback is always appreciated. Please write to marian@primestrategies.com.
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COPYRIGHT 2007 SMALL BUSINESS LEADER
A publication of Prime Strategies, 333 East 23rd St., New York, NY 10010
http://primestrategies.com
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Small Business Leader is published the first week of each month. You are receiving this message because you have specifically requested it through our web site or requested to be subscribed by e-mail. In addition to the monthly newsletter you may receive invitations and special offers made available to our subscribers. We will not share your e-mail address with any third party.
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