Focusing in the areas of
Business Growth, Strategic Planning, Goal Setting, Team Leadership, Work / Life Balance & Interpersonal Effectiveness

Issue# 08

Superb Coaching Newsletter

July 2005

  
Editor
  Superb Coaching

(07) 55 264 014

UnSubscribe details are at the end of this newsletter

I hope you enjoy this issue and that you too can receive something positive from what I share with you in the articles I include. I welcome you sharing it with your friends and associates and encourage you to do so. If you received this as an email, you can make use of the "Share with a friend" link at the end of this email.

So we have now all got through the end of financial year chaos, you have completed your BAS and it is now time to give serious consideration to the year ahead. I hope that you have all realised a successful year and are now full of enthusiasm for the year ahead. It is an excellent time to consider revision of your business plans - are they still relevant? Do you need to adjust your objectives or the actions you need to take to bring about the outcomes you want? Now is the time to do some work ON your business rather than IN it. Maybe you need to address some new initiatives to help grow your business. Take a close look at your last years performance and look closely at why things occurred as they did, both the good and the not so good and see how you build on this in a positive way. In this month's SPOTLIGHT we provide you with a free Business Diagnostic Report - Check it out NOW

If you would like to contact me personally about my business coaching services please do so. Full details can be found at www.superbcoaching.com.au

IN THIS ISSUE

 

What does it mean to consider yourself a brand? When Ralph Lifshitz wanted to become a famous fashion designer, he didn’t start by working 24 hours a day designing clothes. The first thing he did was to change his name to Ralph Lauren. Branding seeks to create a better perception. Not a better product. So your role is to make the changes necessary to create a better perception. The principles for creating a “Personal Brand” are spelled out in great detail in “The Brand Called You.” In this book, you will understand, too, that it’s not enough “to understand the principles.” What you will need further is the flexibility of mind to actually adopt and use these principles.

What is Personal Branding?
Personal Branding is the process that takes your skills, personality and unique characteristics and packages them into a powerful identity that lifts you above the sea of anonymous faces and competitors. Your personal brand is the powerful and clear idea that comes to mind whenever they think of you. It therefore should be positive and should represent what you stand for – the values, abilities and actions that others associate with you. A Personal Brand is an alter ego designed for the purpose of influencing how others perceive you and turning that perception into opportunity. It does this by telling your audience three things: 1) Who you are; 2) What you do; and, 3) What makes you different or how you create value for your target market.

Personal Branding Rule No. 1
You must tell and ultimately show business prospects why they should choose you over someone else. From this point on, follow Personal Branding Rule No 1: “Always assume the world is utterly indifferent to your business, no matter how good you are. Your task is to grab customers by the hand and make them care.”

Who Needs Personal Brand?
Any business built around the ideas, skills, passions and leadership of an individual can benefit from a Personal Brand, which is custom-crafted for that person. It does not necessarily have to be a one-person business, just one in which the identity of a single person is synonymous with the company. Three categories of business need Personal Branding:

1.        Independent Service Professionals: actors, agents, artists, architects, authors, caterers, CPA’s, dentists, travel agents, speakers, trainers, etc.

2.        Personal Service Businesses: owners of gyms, tanning salons, bakeries, computer repair shops, child care, tailors, cleaners, etc.

3.        Value-Adding Product Sellers: bookstores, record stores, specialty retail, gourmet shops, etc.

What a Personal Brand Does?
A Personal Brand is all about influence. It influences how people in your target market perceive you. To be effective, your Personal Brand must evoke three basic perceptions in the minds of your target market:

1.        You are different. Differentiation, or the ability to be seen as new and original, is the most important aspect of Personal Branding.

2.        You are superior. Your brand must encourage the belief that you are among the best at what you do in some way - faster, providing better service, having the latest technology, and so on. Being seen as a leader in your field is critical to gaining the confidence of people who don’t know you personally.

3.        You are authentic. Great Personal Brands are “spin-free zones.” Your brand must be built on the truth of who you are, what your strength is, and what you love about your work – and it must communicate this to your market.

We have all heard of the original book by Michael Gerber - The E-Myth and many of you have probably read it. Do not be put off thinking this is just a reprint with some minor updates. Michael Gerber has produced this new book reflecting on the events that have transpired in his personal and business life since writing his original book 15 years before.

This book is a definite read for anyone in business and even if you read his first book. Though he has addressed some of the most pertinent material from his original book in E-Myth Revisited he has set out to clarify many aspects of his first book addressing questions raised by readers and attendees of his workshops. In essence he is offering "an expanded experience of The E-Myth Principals"

As Michael Gerber so beautifully quotes in his forward, "the basic difference between an ordinary man and a warrior is that a warrior takes everything as a challenge while an ordinary man takes everything as either a blessing or a curse". In reading this book you will never be better prepared to become a warrior in your business and to move forward in the light of success. There are times that we will all be ordinary and I believe that this is fine if we recognise this within ourselves and accept this in light of whether we wish to be so or a warrior. The choice is within each of us to be what we want.

If you would care to read a summary of this book click on this link.

So how can you determine how well you are situated for planning for the year ahead?

It is so often that we struggle with truly becoming aware of just where we are at in business. The first step towards moving forward in any aspect of life is to firstly understand where we are at - To become raise our AWARENESS. In order that we take the journey, before we set out planning where we are going to and how we are going to get there we must first of all know where we are starting from.

Find out how well prepared your business really is. Identify areas on which you could work to become more effective at positioning your business, identifying the real market for your product and service or ensuring that your business is able to cope with delivering to your customers.

We offer a free diagnostic report that will raise your own awareness of just how well prepared your business is or you simply clarify what your own instincts have been telling you all along.

BUSINESS DIAGNOSTIC (click here)

You may contact me directly to discuss how we can provide your business with the structure, growth and ideas for you to build a successful business in the long term and provide enough input in the short term for you to get an immediate payback.

MDP Solutions

Stephen Sandor
Ph: (07) 5599 4730
Stephen.Sandor@mdps.com.au

Authorised Representative
AFSL No 264217

 

Business Services

MDP have produced The Business Protection Program© to create financial certainty for your business and family’s future. Their process will also help you:

Identify and prioritise business risk issues;
Protect the value and integrity of your business;
Maximise tax efficiencies and minimise costs.

Corporate Services

The Employee Benefit Program© has been formed to support employers around developing strategies to maximise employee retention.

Group Insurance benefit design;
Corporate Superannuation consulting;
Salary Packaging solutions.

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Superb Coaching provides behavioural coaching to individuals in order to bring about personal transformation leading to achieving greater effectiveness and a more balanced approach to their personal and business lives.

The business models and coaching methods are each valid but each address separate needs for different styles of clients.

All views expressed in this newsletter be they direct or implied are solely those of the Editor and should not be construed as advice or representative of any other party referred to elsewhere in this newsletter. The information provided in this newsletter has been compiled for your convenience. Superb Coaching makes no warranties about the accuracy or completeness of any information herein contained.

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