If you happen to be a football fan, you’ve probably now heard about the Double Doink. Let’s have some fun and create a general purpose definition for a double doink: the accomplishment of an improbable feat or an achievement from an impressive effort that results in failure or negative consequences. I’m not sure if I’ve had a double doink yet this year, but I know I’ve had plenty over the course of my career. I’ve been contemplating some of the things that you should do to recover from a double doink. Here are five things to consider after a mistake or failure.
2018 brought Trajectify’s inaugural live business growth conference which brought together dozens of leaders, entrepreneurs, and professionals. We held Trajectify Live on September 13, 2018 at theScience History Institute in Old City, Philadelphia, featuring four Trajectify coaches plus a line-up of guest speakers and presenters while filled the day with insights, lessons and experiences
If you missed the opportunity to join us in September, we’ve got you covered. Here are videos we took of ten presentations from the conference. If you’re interested to attend the next Trajectify Live, please sign up here to be notified about the next Trajectify Live.
2018 was an incredible year. I know it’s not over yet, but I’m not going to send an email next week, so let’s get it out there before we’re swooped into 2019. I took bigger risks with Trajectify this year and accomplished a lot, including some big ones. Some of these met our goals or are beginning to perform. Others missed expectations because of invalid assumptions, or bad execution, or unforeseen externals influences. I almost always practice what I preach. Almost. There’s a lot I learn about myself while coaching and working with other business owners and leaders. In all that I’ve accomplished this year, here are some lessons I’d like to share.
Amidst the closing of 2018 and the planning of 2019, we wanted to have a little fun. That's not an extravagant holiday party for the Trajectify team. It means some new content! We asked each of Trajectify team to share an idea of what holiday gift to get that successful person who might already have everything they want. Maybe you’re a business owner or CEO and you’re wondering what put on your gift wish list? Or maybe you need to buy something for that special business leader at your company or in you life. From $50K to $50M, there’s something for everyone.
How often do you spend in your email each day, sifting through your inbox, reading, reviewing and responding, attempting to reach that glorified empty inbox by the end of the day?
The fact is - the majority of CEO and leadership work does not happen on email - it happens face-to-face. According to a Harvard Business Review study, only about 15% of a CEO’s time is spent on email. How do you compare?
At the 2018 Trajectify Leadership Retreat, we heard that dealing with the time-consuming and dreaded sea of emails was a common complaint regarding the stresses of a leader.
As a CEO, there is an expectation of fearlessness. Does not mean we need to pretend that we have all of the answers? Vulnerability is an important leadership attribute. We welcomed CEOs and Trajectify coaches to the 2018 Trajectify CEO Leadership Retreat a few weeks ago. We discovered and worked on many of the challenges in growing a $1M+ business. Each CEO took the hot seat in a mastermind session, most discussing with their peer struggle they are facing. Everyone gained new insights and perspectives. After a day long event of content and mastermind sessions, we asked each attendee for their biggest takeaway from the event.
This time of the year, I find myself in a lot of intense conversations with founders and leaders about their plans for the coming year. I am always disappointed to discover that many do not have a plan. They often have next year's goals and financial forecasts, usually required if they have a Board of Directors, but they don’t know the details of how those goals will be met. It’s all good and well to declare what you are going to do, but how much thought have you given to how you’re going to get it done?
Owning or leading a business comes with a lot of responsibilities and stress that even the most prepared can struggle to handle. Leaders set the vision, agenda and strategy, often while juggling accountabilities for major initiatives and decisions that affect performance for both finances and people. They have to serve many constituencies. No one takes on the role of CEO with the idea of it being low-stress. Learning to maintain structure and balance could help alleviate pressure and lead to great effectiveness.
Starting or building a business is exciting, though comes with challenges and roadblocks that can even scare veteran entrepreneurs. You're not alone. It is rare that the difficult challenges that an entrepreneur may face have not been previously encountered by others. That’s where the Bootstrappers Breakfasts step in - to facilitate entrepreneurs working together to exchange learning and information that grow the skills and confidence it takes to build a successful business.
Sean Darras, a Trajectify client and CEO of LUXTECH, a young, innovative LED lighting company in Old City, sat down for an interview with Mike Krupit during Trajectify Live. Sean founded the company in 2012 and over the last 6 years he has filled the company with people who care about the good of the company, the environment, and each person the products touch. The company has had impressive growth, and each quarter brings a new series of challenges for the team to learn from and conquer. In the Trajectify Live interview, Sean and Mike walked through some of the lessons learned in each phase.