I think having a game plan for your business is essential.  Our experience has shown us that to be effective, the plan must have your core values, strengths, personality and goals in mind. It is built around a compelling vision for not only your business, but your life.  It takes all the pieces and puts them all together in a fluid fashion to allocate for life’s unexpected surprises but offers direction, strategies and tactics for arriving where you want to go.

As you look at your business, where do you invest your time, talent and treasure?  If you are in real estate for a year or two, invest in prospecting.  If you are in it for ten, invest in marketing.  If you are in for a lifetime, invest in people. Granted like any good investment portfolio, you should be diversified across all three areas, but where you put your bulk is determined by what your vision is.

Real estate collects re-treads.  Really, as you look around, how many people in your office grew up wanting to be a real estate professional when they got older?  We went to school for other things, we pursued other paths, and yet, we all find ourselves here.  How we got here is an interesting and different story for each person, but here we find ourselves. 

I have found that life is more about what’s in front of you than what is behind you.  I’ve seen people rise above extraordinary circumstances in their past to go on to accomplish greatness.  I’ve seen those with all the privilege, prestige and advantage loose it all.  It’s even a phenomenon within the elite, where the first generation wealth is only lost in increasing speed with every subsequent generation to hold it. 

When it comes to achievement, it pays to spend more time focusing on where you are going than looking back on where you’ve been.

Your Personal Mission Statement

 

 

  Your Personal Mission Statement  
     
 

 

pictureOne of the most powerful things in your life is your vision (or lack thereof) and your perceived mission. To help crystallize direction for your life and business develop a personal mission statement.

Ask yourself what you alone you can do. Not what can you do, but what is it that won’t get done if you alone don’t or won’t do it.

Here’s a simple guide to developing your personal mission statement -

Definition of Mission - The special duty or function for which someone is sent as a messenger or representative; and the special task or purpose for which a person is apparently destined in life; a calling.

What is your personal mission statement? - Your personal mission statement focuses on the special purpose you want to achieve in your life and the special approach you will take to achieve it. It is the consequence of your mission being achieved. It is a description of how the world will be after you’ve traveled through it.

A clarifying question - “If we were meeting back here on ______________________, and you were looking back over the preceding ______________, what would have to have happened during those years for you to feel really good about yourself, your life, and the fulfillment of your personal vision?”

Answer this question to state your Personal Mission Statement- “My unique mission is…”

Once we have vision and mission clearly identified, it becomes very easy to make life changing decisions. Whenever I am faced with a fork in the road of life, The answers will simply fall into place when I simply weigh my options against my vision and mission and ask – “Is this in line with who I am?” and “Does this bring me closer to where I know I need to go?”

 

 

 

 
  Chris Pollinger, Mastery Coaching  
         
         
  Recommended Reading –  
         
         
         
         
  Copyright 2007-2010 – Mastery-Coaching.com and Chris Pollinger – ALL RIGHTS RESERVED.  
     
 

 

 


Are you the Director or the Actor?



  Are you the Director or the Actor?  
     
 

“In life, you are either moving in the direction you want to go or someone is moving you in a direction they want you to go.”Pictrue

Who do you let make or influence your decisions? 

Really, who has access to that area of your life?  Is it a spouse, a manager, a coach, or do you delegate all that important responsibility to the other agents in your office that spend more time making coffee than doing business?  I don’t want to be too harsh, but I can’t express how important it is to protect your core vision and motivation.

The “why” you do is far more important than any other factor.  The “what” you do can be formulated, changed and is in constant flux.  But “what” you do only make sense in the context of “why” you do.  If you aren’t designing your business with the end in mind, you’ll end up with a job in real estate that you hate instead of a business that you love because it provides for you and protects your core values.

 

 
  Chris Pollinger, Mastery Coaching  
         
         
  Recommended Reading –  
         
         
 
 

 

 
 
         
  Copyright 2007-2010 – Mastery-Coaching.com and Chris Pollinger – ALL RIGHTS RESERVED.  
     
 

 



Happy New Year?

Being the beginning of a new year, you may have developed a list of New Years resolutions.  Having goals is excellent.  Goals reflect a desire to be better than who we currently are.  As the final seconds of the previous year count down, our hope builds and we say to ourselves “This year will be different.”.  The ugly truth is that although 52% of us feel confident that we will be able to turn our resolutions into reality, only 12% of us actually do.  And of that 12%, the overwhelming majority wishes it achieved their aims in a more cost-effective and less demanding way.  The most cited reasons were lack of planning, poor situational awareness, and a narrow vision of what they really wanted to accomplish.  An excellent case study in the mismanagement of all three of these key elements to goal attainment is Napoleon’s invasion of Russia. 

The year was 1812 and Napoleon was the master of Europe.  Against his wishes, Russia and England (the only two major powers he hadn’t conquered yet) continued to trade with one another.  Napoleon’s strategic goal was to isolate Britain economically and politically.  The purpose was to set the stage for a future invasion of England which he saw as his only remaining rival.  The method would be a punitive expedition into Russia so severe that the Czar Alexander I would be compelled to cease trade with England and succumb to the economic system of the French Empire. 

Planning:  What set Napoleon apart from all other generals was his extraordinary attention to detail not only on the battlefield but also on the drawing board. Napoleon meticulously arranged for the construction of supply depots to enable the French army to achieve his objective of punishing Russia into compliance.  We all know what happened next.  What many don’t know is the true cause of the demise of the French army.  “General Winter” did not destroy the French Army as many assume.  It merely finished the job which Napoleon’s lack of oversight began.  Although the lack of winter clothing resulted in a rout instead of an orderly retreat, Napoleon’s lack of a plan for resupply once in enemy territory literally snatched defeat from the jaws of victory.  As a result within 8 weeks, the “Grande Armee” had suffered 50% casualties to disease, starvation, and desertion all without engaging in any large scale (and therefore decisive) battles.  By late June the French army had slaughtered virtually all of its horses for food which crippled supply efforts since its supply wagons were horse-drawn.  By the time Napoleon had crossed the Russian border, his army was literally feeding on itself.  By September of 1812, the Grande Armee went from 690,000 effectives to only 135,000 again, without even fighting one battle.  The plan had failed.  There was no effort to modify it and not even talk of making a new one.  Meanwhile the Russian army was nowhere in sight.

Situational Awareness:  Success leaves clues.  Fortunately, so does failure.  More often than not, we receive signals along the way which, if handled properly, can allow us to maintain our even increase momentum.  When we’re emotionally involved in a big project which has already incurred high cost and commitment on our part, the temptation to “drop the shoulder” and continue to attack increases.  There’s a satisfaction in doing what others told you could not be done.  But when the thrill of victory dissipates, have you reached your true objective? 

A month before entering Moscow, Napoleon finally found and fought the Russian army at the Battle of Borodino.  The hope of inflicting a decisive defeat didn’t materialize.  Borodino was a nasty, vicious, bloody battle which accomplished nothing.  Although the Russians withdrew, the “Grand Armee” was now down to 95,000 men.  Taking Moscow was questionable and holding it was impossible.  The army would be lucky to make it back to France much less ask anything of Czar Alexander.

It was time to stop, reassess, and ensure actions aligned with goal achievement and resources could handle reality.  Virtually all of Napoleon’s advisors urged him to at least stop and consider the situation.  Napoleon would have none of it.  He had succumbed to the “sunk cost fallacy” which is basically a reluctance or refusal to change a course of action due to overfocus on resources committed or already spent.  What’s needed is not necessarily quitting or abandoning your aims.  However, when setbacks accumulate  to the point of not only compromising the goal but bringing you to the point of ruin, it is definitely time to stop, review, and seek counsel. 

Vision:  There is a Japanese proverb which states “Vision without action is a daydream, action without vision is a nightmare.”.  The purpose of the campaign was to force Russia to cease trading with England.  That’s it.  When losses accumulated and it seemed that Napoleon could actually “lose”        he changed his mind to achieve a goal which was “doable” but would not support his original intention.  Napoleon’s army did reach Moscow by mid-September.  However, the residents had fled (including Czar Alexander) and burned Moscow to the ground.  Because Napoleon had compromised his vision, his judgment followed suit.  Consequently the master of Europe forgot that winning a war was no longer about taking a capital city and being presented with the keys.  After leaving France with 695,000 experienced and competent soldiers, the Grand Armee returned to France with only 5,000 stragglers.  Napoleon, having abandoned his troops in the field, returned to France only to be handed over to his enemies.  His original vision of a French Empire which could act with impunity had crumbled around him.  His country paid for his lack of planning, his army paid for his lack of situational awareness, and a promising future for both himself and France paid for his lack of vision.

Napoleon is but one of many individuals who have failed to achieve enormous goals due to poor planning and unwillingness to see the truth.  Many top-ranked executives, small business owners, generals, and others have gone this route.  However the ones who manage to recover momentum and achieve something truly significant know the difference between a risk and a gamble.  The difference is best summed up by Erwin Rommel, a great general in his own right; “A risk is a chance you take; if it fails you can recover. A gamble is a chance taken; if it fails, recovery is impossible.”
           

In order to assume risk with confidence, develop a plan which is solid and flexible.  Understand what your blind spots are and employ people who can tactfully point them out.  Seek the company and counsel of those who are experienced enough to remind you when you are straying from your integrity, values, and vision.  Or, you can roll the dice.  The choice is yours.