Traction First, Vision Second: Quick Tips Video 10

In this video, Julia explains the importance of setting smart priorities – both for your company and individuals on your leadership team.

Which should come first, your vision for your business or traction – getting it running smoothly. Julia explains why under the Entrepreneurial Operating System, Traction needs to come first.

 

Read more: What’s First: Traction or Vision?

Having founded three multi-million pound businesses, Julia is now a Certified EOS Implementer, helping leaders introduce the system to their businesses.

For more information about the Entrepreneurial Operating System contact us on 07795 667480 or hello@boldclarity.com

The Value of Offering a Guarantee

Many businesses are now making promises and commitments – in the form of “guarantees” – to underpin their brand reputation and product offering.

At Bold Clarity, we offer a guarantee that if you don’t get value from a session we facilitate with you and your leadership team, then you don’t pay us. This monetary value helps to make sure we deliver what we say we will and takes away the risk of our clients using us.

Many of our clients have seen the value and offer one too.

How to create a healthy team

Building a Healthy team

Building a healthy team – and a great team culture – are two of the most important factors in business success.

Having run businesses for the past 20 years – both before and after I became an Entrepreneurial Operating System Implementer – I know the value of ensuring you have the right people, in the right role, all working towards the same goal.

A key element of EOS is to create a healthy, cohesive leadership team, and the “People” element of the system focuses on making sure you employ people who share your vision and are going to help your business to thrive.

In this guide, we are offering our advice about to how to structure and develop a healthy team the EOS way, using the tools and techniques it provides.

Guest post: why offer a guarantee?

This month’s guest post is from our EOS graduates Welcome Gate. Matt Robson, their Head of Sales and Marketing, explains why they offer a guarantee.
What does Welcome Gate do?

Welcome Gate make genuine recommendations, and install and maintain cutting-edge electronic security solutions, to ensure maximum security. At Welcome Gate we offer consultancy, research, design, installation & ongoing support.

Protecting intellectual property, physical assets & your staff is very important in a cyber world. At Welcome Gate we take the time to understand your business needs and see how we can think beyond security, integrating systems with open API (Application programming interface), and reviewing associated risk to assist with threat awareness to mitigate that risk & maintain compliance in an ever changing world.

Book review: Great by Choice, by Jim Collins

‘Great by Choice’, by Jim Collins and Morten Hansen, delivers a potent management message which really resonated with me.

Most people know how successful Norwegian Roald Amundsen was on his mission to be the first to reach the South Pole. His is a story of meticulous preparation and ice-cool composure in the most difficult circumstances.

We are also told of the failed expedition of British Captain Robert Scott, whose approach was one that had a more amateur feel to it, utilising make-do-and-mend improvisation.

EOS: Challenging the leadership team

In our February guest post, Adrian Gregory, the CEO of our client Data IQ, describes some of the challenges his leadership team faced, while implementing EOS – and how quickly the team has come on board to create a plan and vision for the future.

 

  1. Can you explain a little about Data IQ – what you do, how many employees you have, how long you have been in business?

DataIQ is a membership business, which connects, educates and supports a fast growing community of data and analytics professionals.  We also connect vendors to this community to generate business leads, build brand awareness and drive business success.

We’ve been going for 3-years as a stand-alone business, 5-years as a content marketing programme for our sister business DQM GRC.  Today we have 18 staff of which 12 are full time.

 

dataIQ logo

Who’s running your business: Bold Clarity EOS Tips Three

Quick business tips from Julia Langkraehr of Bold Clarity.

The third in the series focuses on “Who’s running your business”, Julia describes the five common frustrations she sees in entrepreneurs trying to lead, grow and scale a business.

1. Direction – they don’t know where they’re going

2. People – they don’t seem to listen

3. Growth – is flat

4. Profit – there isn’t enough

5. They’re stuck – nothing’s working

If you have any of these, consider running your business using an operating system, a holistic approach which can transform your business from top to bottom.

Watch more Bold Clarity Quick Tips on the Bold Clarity Youtube Channel. We release a new video every month, giving expert advice on leadership, entrepreneurship and the Entrepreneurial Operating System.

Using a system such as the Entrepreneurial Operating System can help you scale a business. To find out more about EOS, give us a call on +44 (0)7795 667480.

How to discover your three uniques

In my time as an entrepreneur, and working with entrepreneurs, I’ve realised that the companies which are most successful are those with a clear vision about what they do, and what they want to achieve.

They are able to define what EOS terms their “three uniques”. These are the three things that in combination mark the company out from its competitors.

It’s why a customer would choose your brand over any others.

Often a business leader might identify their people, their customer service or quality as their three uniques.

Three things to help your business grow: Bold Clarity EOS tips two

Quick Business Tips from Julia Langkraehr, founder of Bold Clarity.

Our second video describes three things that have helped Julia grow her business as an entrepreneurial leader:

  1. to find a peer group to share experiences,
  2. to hire a coach,
  3. to convince a mentor to mentor her.

Watch more Bold Clarity Quick Tips on the Bold Clarity Youtube Channel. We release a new video every month, giving expert advice on leadership, entrepreneurship and the Entrepreneurial Operating System.

If you’d like to to find out more about how EOS can help your business grow, then just get in contact.

What’s the Value of Listening Skills to a Leader?

As a business leader, listening shows that you appreciate your team and it forges trust between you and your employees.

We all feel the need to be recognised and one of the ways leaders can recognise team members is to praise them in public and be sure to give them the time they need.

It is one of the most important leadership skills you can develop.

The best leaders give their teams the necessary tools, resources, training, technology, people, and most importantly their time and attention.

Are you a Fox or a Hedgehog?

The rabbit and the tortoise. The wolf in sheep’s clothing. The three little pigs. Animals have featured in tales about morals and decisions about life since dawn began. But have you heard about the hedgehog and the fox?

The concept stems from an ancient Greek parable, which roughly translates as “the fox knows many things, but the hedgehog knows one thing”.

In 1953, famous philosopher Isaiah Berlin applied this to how we live in modern society. He said that people can be split into one of two creatures – foxes and hedgehogs.

Foxes choose to pursue a great many things at one time, but as a result, they achieve very little.

Will implementing an operating system stifle innovation and creativity?

When it comes to implementing an operating system into a workplace, I often hear the same objection – “they’ll hinder creativity”.

Is that actually true?  The best place to start would probably be explain what an operating system is.

What is an operating system?

An operating system is a way of running your business, using a proven method, so that every aspect is organised, documented and managed.

The operating system we recommend is the Entrepreneurial Operating System (EOS). This includes a set of tools and a process, customised for your business, which organises the entire company in the same way.

Five leadership abilities for business growth

Growing any business entails strong leadership skills.

A good leader helps maintain and enhance the employee motivation and creativity required to increase levels of service or the products you are offering.

Signs your business growth is slowing

Businesses never grow in a straight line, they generally thrive and grow then “hit a ceiling” when they reach a period of slowdown or growing pains.

When this happens, business leaders often feel they’re stuck in a rut or overwhelmed and frustrated with daily operations.

Five leadership abilities for business growth

These five essential leadership abilities will help you break through the ceiling and get back on track:

Four ways to improve communication with remote and flexible workers

In order to stay competitive with changing work patterns, most companies need to consider a policy for remote and flexible working.

With so many advances in technology, it doesn’t make sense for people to waste time commuting during peak hours, when they can work remotely, far more conveniently and efficiently.

Companies which focus on results, rather than the number of hours seen at a desk, will be able to attract the smartest, most personally responsible and accountable team members.

I can see a number of companies outsourcing to the best person, regardless of where they are located, whether in the UK or elsewhere. For example, my outsourced marketing contractor uses a graphic designer who lives in Canada.

Four ways to develop an entrepreneurial mindset

Entrepreneurs running their own business often have many people giving them advice – parents, friends, consultants, lawyers and even your hairdresser or barber. Everyone thinks they know what somebody else should be doing.

However, tried and tested words of wisdom always work best. Here are four simple yet effective ways to develop an entrepreneurial mindset.

How to manage millennials

There is a lot of noise around at the moment about how to manage millennials.

But what exactly is a millennial? When I canvassed the team in the office, the one person we thought was a millennial – our office assistant – did not identify as one.

She described them as “following the latest trend”, “high maintenance”, “seeking approval through social media” and “shallow.”

She felt that they are afraid of showing who they really are, being themselves and it’s hard to have a genuine conversation about things that matter with them.

Although she is officially a millennial (Wikipedia defines them as having been born between 1981 to 1996 – 22 to 37 year olds), she believes it’s become more a description of a type of person than simply being defined by the dates you were born.

How to take control of your business

Today, you can take control of your business by using the Entrepreneurial Operating System (EOS) to improve your business performance.

There are two major decisions you need to make:

  1. Is EOS is right for you and your team – are you willing to make changes and decisions?
  2. Who is the right implementer to help you – you need to look for the right experience and chemistry match

Before you make these decisions, let us look at EOS more carefully so you can understand how it works to improve your business.

Hitting and breaking through the ceiling

Business growth is rarely smooth and easy.

It tends to occur in spurts, often as a business responds to the things going on around it – a changing the economic climate, winning and losing customers, launching new products and services, increased competition in the market and so on.

Having shifted to accommodate the new environment, a company will often plateau as it is set up and structured with people and processes to generate the revenue it is producing. It is not set up to generate two or three times that.

So change is needed. What got you here, won’t get you to the next level.

Setting Targets the EOS way

Most business owners recognise the importance of setting targets.

Leaders regularly set goals to achieve in the next quarter, next year, three and perhaps five years. But ten years? Really?

Introducing the BHAG

Some leaders find it difficult to set a ten year goal because they dealing with day-to-day pressures and continually firefighting.

One of my clients said; “I can’t think 10 years in advance. Why set a 10 year target?”