My Week in the 10KSB: Days Three and Four
For those of you who have been following along with me during my wonderful week attending 10KSB program classes, you’ll have an idea at how much I learned from the first two days. Now we’ll go on to the third and fourth day.
The third day of 10KSB found me really pumped, eager to get back to my office and start implementing all of the amazing things I’ve learned.
The focus today, Day Three, is on leadership.
If you stop and think about it, leadership is an extremely important part of running a business. Every ship needs a captain….someone who can keep the vessel afloat and heading on the right course. Without a leader, a business would be like a ship with no one at the wheel; drifting aimlessly with no clear destination. Hope I’m not making you seasick, but you get the analogy.
I learned a LOT about leadership!
For instance, I discovered things about my own style of leadership….how I function as a leader….what motivates me as a leader….things I can do to become a better leader and much, much more.
This was a topic that called for quite a lot of introspection and soul searching in order to identify your strengths and weaknesses as a leader. Honestly, I think it was one of the most important and useful things I came away with at the end of the 10KSB program. Of course, everything I learned was important and valuable, so it’s a tough call to decide which things were more helpful than others.
More About Thinking Big
We also delved into the subject of thinking big again on Day Three and did exercises that helped us to identify and define our missions, plus how to think smart and see how your life missions correlate with your visions for your business.
The only regret I have about the 10KSB is that I didn’t get into it sooner—before I made mistakes running the business!
But, this is a classic case of better late than never and maybe if I hadn’t made some colossal bloopers along the way on my route to the 10KSB, I wouldn’t have been as appreciative about learning the right way to do things.
Another exceedingly important thing I learned during the week is that my vision for expanding and growing the company while providing the best possible service to clients isn’t in any kind of conflict with making the business a fun, safe and rewarding environment for our employees.
The two things go hand-in-hand, meshing together like a smooth, well oiled gear that drives a motor….taking us all to bigger and better things in the days ahead.
While maintaining that numbers will never be my favorite thing, this week has shown me that it can be hugely exciting to grasp the concepts of how to understand the financial aspect of your business. I never realized how understanding how to use and analyze ratios could tell me so much about the business and help track its progress or highlight areas that need improvement.
This is a boon, indeed!
Day Four was quite funand it managed to teach me a lot about a critical part of running a business, too—marketing.
Marketing is a necessary part of having a successful business and Day Four was a fantastic learning experience.
My key takeaway from the marketing part of the classes is that your clients are probably not who you think they are in many cases. For instance, it dawned on me that although I have taken quite a few online courses in marketing, I wasn’t getting that much benefit from them simply because I was putting in information but not putting myself into an environment where real questions from real people required real answers.
Working with a team of real people taught me so much about marketing. I can’t wait to start putting my newfound knowledge and understanding of marketing to good use!
In conclusion, I just want to say that being chosen to participate in the 10KSB was one of the most magnificent things that has ever happened to me. It was a learning experience for me that was absolutely priceless and I will be forever grateful I was given the chance to attend.
If you have a small business and meet the criteria for application….apply for the next one. You won’t be sorry!