Law twelve: The law of resolution

Carl Bates writes in his book The Laws of Extreme Business Success about the 12 laws of business success. The last but never the least law take focus onto the issues of both management and staff. This law speaks to the levels of engagement of each during their time at work. Research tells us that less than 60% of people working in corporate America are engaged in their jobs. This has a lot to do with what they are caring around with them emotionally during the day. The law states:

Extreme business success recognises that you can only move forward when you have resolved or released the baggage of the past. This baggage can take the form of unresolved or hidden issues with people and associates, old ways of doing things that no longer apply, outdated ways of thinking or incomplete actions that prevent both you and your business from moving forward. Brining these issues to light and resolving them in effective ways will empower both you and your business to step up to the next level of success.

This book and others from Carl Bates are available here

By |2015-08-31T10:00:12+02:00August 31st, 2015|Business Resources|0 Comments

Law ten: The law of leadership

Law ten: The law of leadership

Carl Bates writes in his book The Laws of Extreme Business Success about the 12 laws of business success. Law ten looks at leadership, not just leaders doing their stuff, but effective leadership. Not something every leader gets right all the time. The law states:

Extreme business success requires effective leadership that guides the team and inspires them to persevere through the challenges and obstacles they will face. Effective leadership inspires and motivates by example, principles and commitment to the promise made by the business. The business itself must also become a leader in its field.

This book and others from Carl Bates are available here

By |2015-08-24T10:00:48+02:00August 24th, 2015|Business Resources, Entrepreneurship|0 Comments

Law eleven: The law of transactional giving

Carl Bates writes in his book The Laws of Extreme Business Success about the 12 laws of business success. This one will get a lot of discussion in the boardroom; how does a business include transactional giving into the financial supply chain and please the shareholder at the same time? But once done it makes sense and puts the business on a new track of development that it may not be able to get to without it. The law states:

Extreme business success requires a business to have a reason for being that extends far beyond the needs of the individuals within the business. This requires you to recognise the critical role that business plays in creating long-term and sustainable social and environmental change. To act on this responsibility, your business should support a social enterprise or cause where every transaction in your business benefits that social enterprise in a definable and quantifiable way.

This book and others from Carl Bates are available here

By |2015-08-24T10:00:42+02:00August 24th, 2015|Business Resources|0 Comments

Law nine: The law of vision

Law nine: The law of vision

Carl Bates writes in his book The Laws of Extreme Business Success about the 12 laws of business success. We speak a lot about the Promise of a business that relates back to the Vision, Mission and Values. For this one we are on the same page as Carl and can fully endorse this with all we have.  The issues come into how well this is communicated to all levels of the business. The law states:

Extreme business success requires a business to have a clear and defined vision. Your vision develops out of your promise, which is then translated into the functions and activities of the enterprise. The greater the promise, the greater the vision, the more momentum and energy you can create. Your vision must be intrinsic to every aspect of your business, or it will remain intangible and beyond reach.

This book and others from Carl Bates are available here

By |2015-08-17T10:00:20+02:00August 17th, 2015|Business Resources, Entrepreneurship|0 Comments

Law eight: The law of the three hats.

Law eight: The law of the three hats.

Carl Bates writes in his book The Laws of Extreme Business Success about the 12 laws of business success. This law looks at the three roles that are required to manage any business and how these roles need to be separated away from the traditional single business owner. This law just seems the impossible one to get right for most people. At first it seems to be a sacrifice to give ‘power’ away, but once done it brings huge relief and growth to the business. The law states:

Extreme business success can only occur when the three hats of business are kept separate and distinct. When one person owns all the company’s shares, in the sole director and/or manager primarily responsible for the day-to-day running of the business, and the only other shareholder or director are their spouse, or a business partner also wearing all three hats, an enterprise can never become sustainable.

This book and others from Carl Bates are available here

By |2016-11-01T10:20:23+02:00August 10th, 2015|Business Resources, Entrepreneurship|0 Comments

Law seven: The law of effective teams

Law seven: The law of effective teams

Carl Bates writes in his book The Laws of Extreme Business Success about the 12 laws of business success. Law seven looks at teams and how best to create effective teams with effective members. Effective teams have effective members who know what is expected of them and get it done. Nothing saps a managers time and energy than having to micro-manage people who are energy thieves. The law states:

Extreme business success occurs in an environment where a team of loyal and supportive people with the appropriate energies and skills collaborate to achieve the business’ purpose. Knowing how to choose the right person for the job, and ensuring that your best people stay with you, is paramount for extreme business success. Along the way you will also have to make the difficult decision to let go of people who are no longer able to support the team’s effectiveness.

This book and others from Carl Bates are available here

By |2016-11-01T10:20:23+02:00August 3rd, 2015|Entrepreneurship|0 Comments

Law six: The law of rhythm

Law six: The law of rhythm

Carl Bates writes in his book The Laws of Extreme Business Success about the 12 laws of business success. The sixth law looks at the way a business should breath and ride the waves like a well tuned yacht over the ocean swells. Rhythm is all about a slow, yet well constructed melody and not a hectic heavy metal band. The law states:

Extreme business success thrives in an environment of effective timing and rhythm, which builds momentum over time and drives the team forward without the ongoing effort it initially takes to get started. Rhythm also requires you to become conscious of the stage your business is at, and to work in a way that is appropriate for that stage.

This book and others from Carl Bates are available here

By |2015-07-27T10:00:27+02:00July 27th, 2015|Business Resources, Entrepreneurship|0 Comments

Law five: The law of business as a game

Law five: The law of business as a game

Carl Bates writes in his book The Laws of Extreme Business Success about the 12 laws of business success. Law 5 is all about having fun, but in a serious way. Life and business is a game: played by rules, but fun needs to be the underlying outcome. We could not agree with this one enough. The law states:

Extreme business success requires you to realise that business is a game, and that when you treat it as such you will achieve success more easily. The law of business as a game focuses on three key elements of a game which are critical to success: having a winner’s mentality, understanding the game rules and enjoying the game. Business should be a fun experience in which you play the game of business within a structured framework. When you take yourself and your business too seriously, you lose the pleasure of the journey along the way.

This book and others from Carl Bates are available here

By |2015-07-27T10:00:22+02:00July 27th, 2015|Business Resources, Entrepreneurship|0 Comments

Law four: The law of family

Law four: The law of family

Carl Bates writes in his book The Laws of Extreme Business Success about the 12 laws of business success. The next law looks at the involvement of family member in the business as staff or as advisory consultants. Mmmm, enough said. The law states:

Extreme business success recognises that family support and encouragement, and often financial involvement, is critical to achieving success. Family members often influence your business decisions, even if they don’t always have to deal directly with the consequences of those decisions. Extreme business success therefore requires that you discipline your decision making when it comes to family, especially if you’re involved in a family owned or controlled business.

This book and others from Carl Bates are available here

By |2015-07-20T10:00:26+02:00July 20th, 2015|Business Resources, Entrepreneurship|0 Comments

Law three: The law of continuous learning

 

Law three: The law of continuous learning

Carl Bates writes in his book The Laws of Extreme Business Success about the 12 laws of business success. The third law is one we take very seriously, learning and personal development. Simply put, we need to learn every day to keep ahead in our game. The law states:

Extreme business success can only occur in an environment of continuous learning and improvement, both on personal and professional levels. Challenges create growth, and missteps are often opportunities to take your business to the next level. Believing that you have all the answers is a sure-fire way to sabotage your journey to success. A key aspect of success is recognising the role and importance of experts who can guide you along the way. Ultimately, it is about creating a culture of continuous improvement within your enterprise.

This book and others from Carl Bates are available here

By |2016-11-01T10:20:24+02:00July 6th, 2015|Business Resources, Entrepreneurship|0 Comments