Leaders—especially top leaders—stay on top of their game. For me, this means constantly scanning the horizon for events and information that are relevant to my networking world.
Daily, I read two newspapers and listen to National Public Radio. On Saturday mornings, I listen to Tom Chenault’s Home-Based Business Radio Show. I enjoy local business journals and business books by authors such as Peter Senge, Robert Fritz and Jim Collins.
In addition, I attend workshops and read books by our outstanding faculty here at Networking University. I spend on average three hours every day learning and scanning new content.
In the November 2008 issue of New Business Denver, publisher Patrick Boulay gave me some new ammunition for talking with potential business partners. Many people—including me—have been under the impression that most new businesses fail in their first year. Boulay gave me the Small Business Administration’s real statistic: only 50 percent fail after five years. I now have a powerful response to people who think it’s crazy to start a new business.
It gets better. One third of all businesses that close considered themselves successful. If you count businesses still in operation and those that closed successfully in the first five years, you get a success figure closer to 66 percent. The SBA says, “These results suggest that those starting very small ventures have less to fear than what is commonly believed.”
Over the years, I have heard potential leaders say, “I need to be in a secure job. Starting a home-based business is just too risky for me.” Yet I learned from scanning news articles that the average worker will be in their current job only three to five years, and that right now 76 percent of all
employees are looking for another job. Half of these are actively pushing resumes, while the other half are passively looking for new opportunities. Do you think this is important information for you and your business leaders?
A wealth of stimulating business ideas are yours for the scanning. Leaders lead leaders by staying connected to current events and sharing ideas around the world.
Are you scanning, connecting and sharing what you find?
Remember: education changes everything.
See you in class!
Dean, Networking University