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Better Business, Better Life – Issue 57
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As we head into another week, I take great pleasure in sharing my curated articles, tips & tools in a short read that will hopefully give you a few ‘aha’ moments as well as some laughter or joy. Most of all I hope it gives you pragmatic inspiration & helps you on your journey to doing what you love, with people you love, making a huge difference, being compensated appropriately with time to pursue other passions – #TheEOSLife.
Here’s this week’s business tip, life hack & find of the week… Some of them are original, most are things I have come across in my weekly pursuit of self-improvement & living a better life, through creating a better business. And don’t forget the inspirational quote, which you can download as a wallpaper or lock screen for your phone.
As always, if you find great things that you’d like to share then feel free to email me for inclusion in one of my weekly newsletters. I’m always looking for new & exciting things to share each week. And if you think someone else would like to receive the newsletter in their inbox, directly from my inbox (no newsletter apps used here!) then please let me know – firstname.lastname@example.org
The Three-Headed Monster
Family businesses rarely survive past the second generation.
This article explores the Econoco Corporation, a family business that is now in its 97th year. If you work in or with family businesses, this is an amazing case study that digs into the issues they faced that are unique to family businesses & how they overcame these obstacles.
There’s so much at stake when working with your loved ones. Business issues & conflicts left untreated can fracture the entire family. It’s one of the biggest downsides of working in a family business. And as said before, many don’t last after one succession.
For Econoco Corporation, they faced a huge problem after the succession from the first generation to the next.
There were 3 people heading the business & for 20 years they were known as the Three-Headed Monster because they all had different views on the direction of the company. Employees started asking whichever person would give the easiest answer …or the answer they wanted.
It was seriously dysfunctional but luckily, they were somehow still successful.
Then one of the three heads discovered & implemented EOS. With EOS, everyone in Econoco Corporation finally started following one vision and heading in the same direction.
And their immense growth since then speaks for itself. In 2021, Econoco grew from around 55 staff to nearly 70 staff. And for the last seven months straight, they have broken sales records that have extended back 97 years!
Is there a three-headed – or maybe two or four-headed monster in your business that needs to be addressed?
Read the full article to find out more about Econoco’s journey & how to decentralise decision making with EOS:
PS: I have been hounding EOS worldwide to provide localised content so thrilled that they have launched a LinkedIn Company Page for New Zealand & Australia. And I get to help them put content up.
Please follow this page so that they will continue to put good, local content up & feel free to share your EOS stories with this page 🙂
Personal Trainers work!
I’ve been trying to be healthier & this year I’ve put in extra effort to be consistent with going to the gym.
So, for months now, my week starts off at my gym, Vision Personal Training Ponsonby, at 6am on a Monday. It sounds painful but I actually love the early start, it’s a great way to kick off the week.
They say in their headline ‘Best Personal Trainers in Ponsonby’ and I couldn’t agree more. I love & hate my personal trainer – which means she is fantastic at pushing me & holding me accountable.
The gym & the personal trainers have a proven process but tailor it to you & your needs.
I still have fun at networking events with nibbles & wine – although I often bring my alcohol-free wine to be extra good. I still eat chocolate, just in moderation & a tiny bit extra only when I really want it.
I’ve lost 4.3kg but more importantly, I’m just feeling 100% better!
I love their approach and it’s also like EOS too, where you are actively pursuing your goals while making time for other passions. It doesn’t require you to completely cut out things that are important to you – like me having the occasional wine & chocolates.
Honestly, life is just too short to restrict your happiness in the journey towards your goals – because you always are working towards something, right? Especially as entrepreneurs, we’re in endless pursuit of the next big thing.
And I got these results with my personal trainer because not only is it a proven process that works for me, but I am being held accountable & I am not giving up.
This is exactly the same for your business & achieving your business goals. If you follow the EOS proven process, you’re held accountable & you stick with it, it WILL work.
EOS & EOS Implementers like myself are so confident in this proven process they literally have a guarantee – if you don’t find value in the session, you don’t pay.
Find out the reality of working with a Professional EOS Implementer, who is in effect, a personal trainer for your business, in my article here:
FIND OF THE WEEK
Do you always leave your wallet behind?
Since I got this new phone case, I have everything I need in one hand & never have to worry about misplacing cards! (just reMarkables!)
I’ve tried a whole bunch of wallet phone cases before but after a while, I find that I just detach the wallet part and it gets lost somewhere around the house. And then it’s back to square one, searching for my cards whenever I’m about to leave & trying to remember where the heck I misplaced them!
I love this one because it is perfect for exactly two cards and nothing else. It’s super compact, water-resistant (if not waterproof!) and made from one of the highest quality types of leather.
Saffiano leather was first made in one of Italy’s most famous tanneries & a signature patent of the design house Prada. Saffiano is apparently extra durable & scratch resistant as well as being easy to keep clean.
And like my custom July suitcases, I can’t resist a customisable monogram! You can choose fonts, colours, size & placement so it’s completely yours 😊
This is the one that I have:
But they also have a great range of products, not just phone cases:
“Responsibility equals accountability equals ownership. And a sense of ownership is the most powerful weapon a team or organisation can have.” ― Pat Summitt
You can download this wallpaper or lock screen for your phone.
If you’d like to learn more about any of these tools or would like to find out how I can help you achieve a better life through creating a better business, then book a free Discovery Call with me.
We’ll talk about what you want to get from your business & your life & come up with a plan to do that!
Certified EOS Implementer | Accredited Family Business Advisor | Entrepreneurial Leadership & Business Coach | Speaker & Workshop Facilitator