Tag Archives: Coaching

7 Requirements to Turn a Dream into a Business

One of the things I hear over and over again when I work with my clients is “Wow!” I never thought of that!”

There’s something about the process of talking out loud with another person skilled in thought facilitation that generates insight, creativity and innovation that simply isn’t possible on one’s own.

A recent new client spent an afternoon with me sorting out the ideas in her head about the business she dreamed of launching.

To quote her, “We’re caught in our own heads and world and thoughts. We need an outside agent to pull the ideas out.

As I evaluate what it is I consistently do that evokes the sparking of new ideas that provoke committed and inspired action, I’ve boiled it down to seven things.

1) A proven process
Depending on the client’s goal, one or more of several processes are employed to guide the client toward the desired end result. Whether it’s defining the perfect market, evaluating your readiness for the venture or surveying the competitive landscape, you can’t just have a random, meandering conversation that goes nowhere.

Surely there must be flexibility in the system, but having a definitive track to start on, helps the process flow smoothly.

2) Mirrored thought
Ideas when articulated become more clear. Even faulty thinking is identified more rapidly when expressed out loud.

Often just repeating what someone says makes them come to grips with it’s truth or fallacy.

3) Shared observations and recommendations
Years of experience in banking, technology, marketing and management have generated a practical perspective and literally thousands of opinions 🙂  on a variety of topics that can be invaluable to someone who isn’t quite sure how to proceed on their quest. Well-informed counsel can make life easier.

4) Appropriate doubt
“Are you sure about that?”. Another client was about to take action that was fundamentally a good idea, but about to be implemented without appropriate research and advice. Questioning her encouraged her to seek other professional advice that equipped her with the proper strategies and approach to protect her investment in her business.

We are enamored with our own ideas. The intent here is not to rain on anyone’s parade, but to help avoid the pitfalls of certain decisions. By identifying potential risks in advance, plans can be made to minimize them or avert certain situations altogether.

5) Support that evokes commitment
By the same token, we sometimes doubt our abilities. Belief in an idea and the person holding it will go a long way to building their confidence for making it happen. Think about it. When some has believed in you, didn’t you feel you could conquer the world?

6) Action planning
All of the brilliant insights are of little use if not applied in the real world. Goals are accomplished one step at a time. Knowing what those steps are keeps you from procrastinating or wasting time flailing around on non-productive activities.

7) Follow up and follow through
Most people are more likely to get something done if they’ve told someone else they will do a thing. When commitments are made and kept privately, there is too much temptation to let them slip or to replace them with some other activity.

Going public with your goals and reporting on your journey will help ensure that the journey actually happens. Getting support and coaching along the way, empowers the experience of accomplishment.

I believe accountability makes magic happen. When we’re held accountable for making progress on our dreams, it opens the door to a life of purpose, fulfillment and prosperity.” -Loretta Love Huff

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