Liberty Business Consulting Heads to Pittsburgh for Regional Conference

photoEach year Liberty Business Consulting travels to a regional conference in a different location to hear updates in the company’s common goals for the coming year and see awards given out. This year we met in Pittsburgh for a fun weekend of learning and networking.

The theme at this year’s conference was “Unleash your potential.” Most of the speakers talked about how potential is only half of the equation, the other half is effort. Potential only means the ability to accomplish something, the rest of the task is on the effort of the individual to actually take the steps necessary to accomplish the goal.

pittsburgh confMany people hear that they have potential in one area and rest on their laurels, but potential is just a canoe that goes nowhere without the oars of effort to row it. If we want to accomplish great things in life or business potential is the first step, and a coach or mentor can be qualified to point out that ability, but whether the task is accomplished or the goal is met lies solely our hands.

So we have to ask ourselves: for the goals which we really want, have we truly put in an effort that matches the size and scope of our aspirations? Or are we relying solely on our potential.

-Liberty Business Consulting Blog

Liberty Business Consulting – The Frogs and The Tower

The Frogs and the Tower

There once was a town in which the center stood a large tower. One day a group of frogs decided they would race to the top of the tower. Being but tiny frogs to a large building, the entire town surrounded around to witness the event.frog

All made comments on how crazy the frogs were and some yelled things like “You’ll never make it!” and “You’ll die trying!”.

Nevertheless, the frog started the race. As they climbed the tower, the townspeople became louder and more insistent. “This race will kill you!” “Tower is too big for you little frogs.” Slowly but surely one frog after another stopped the race, collapsed on the stairs, or left the tower all together without finishing. And when it seemed as if every frog had given up, one separated from the pack and continued to climb.

 Everyone stared in awe as the little frog finally reached the top. ” How did you do it?” They asked. “What’s your secret?” They pleaded. And alas, the frog was deaf.

This silly fable echoes people’s true feelings about success in life and business. No matter what you wish to accomplish there will always be nay-sayers trying to try to discourage you. But those who don’t listen and continue on their path ultimately always achieve success. And once you do, the negative people will ask you for advice.

- Liberty Business Consulting Blog

Liberty Business Consulting – Why 20-Somethings Are the Most Successful Entrepreneurs

young entrepreneurWhen it comes to building a successful company, most investors and business advocates look for companies with an experienced management team.  They want someone that has a “successful track record” with experience forming teams, writing business plans, building products, and managing a P&L.

You can’t blame them.  As with almost everything in life, practice makes perfect and experience provides learning lessons that allow for improvement and growth.  While betting on experienced batters can certainly produce doubles, triples, and even home-runs; the grand slams of entrepreneurship come from the young and ill-experienced 20-somethings.

Yes, I said it.

That’s not what you’re going to read in the textbooks.  You won’t hear that from a venture capitalist.  And, you certainly won’t hear that in your MBA classes.

I know, I know.  Some of you will say that I am biased because I was a 20-Something young entrepreneur when I started Lendio, but let’s look at the facts:

(Some of the) Most SuccessfulEntrepreneurs of our Time and Their (Age):

  1. Founders of Google:  Sergey Brin (25) & Larry Page(25)
  2. Founders of Apple:  Steve Jobs (21) & Steve Wozniak (26)
  3. Founders of Microsoft:  Bill Gates (20) & Paul Allen (22)
  4. Founder of Facebook:  Mark Zuckerberg (20)
  5. Founder of Wal-Mart:  Sam Walton (26)

Anyone else recognize the pattern?  Each one of the founders was between the ages of 20 and 26 when they founded what turned out to be one of the most successful companies of our lifetime.

In Pictures: The 10 Most Important Lessons For 20-Something Workers 

20-Somethings Have Nothing to Lose

Most of these entrepreneurs are used to living in a cheap college apartment and eating ramen noodles.  At that age, the entrepreneur usually doesn’t have a mortgage, a car payment, or a built-up lifestyle to maintain.

On the contrary, a more experienced entrepreneur that is starting a company later in life has everything to lose.  By this time in their career, they are used to a strong-paying salary.  They live in a nice neighborhood with a comfortable car — maybe even a luxury car with a monthly payment attached.  When his/her spouse thinks about starting a new company, he/she will also consider the stark reality of losing the comforts of life that they have worked hard to build up during their career.  Suddenly, when thinking about all that he/she has to lose, the experienced entrepreneur’s plan to build a successful company include hedges, calculated moves, and conservatism.

20-Somethings Can Swing for the Fences

With nothing to lose, young entrepreneurs can look at solving problems with a completely different mindset.  There is very little at risk. They aren’t required to hedge.  And only the thing that crosses the entrepreneur’s mind is the drive to solve the identified problem in the best way possible.  Fortunately, the young entrepreneur has the energy to consistently burn the midnight candle.

I never took a day off in my twenties. Not one.” — Bill Gates

Finally, without having been in the workplace, the young entrepreneur has a fresh perspective untainted from the way-it-is-supposed-to-be mindset that is so prevalent in most boardrooms.  Consequently, their solutions are new, innovative, and groundbreaking.

If You’re a 20 Something…

Go for it.

There will never be a better time in your life to live your dream of entrepreneurship.  Swing for the fences with a goal to add your name to the prestigious list above. If you fail, it will have been one of the best learning experiences of your life.

Brock Blake, Contributor to Forbes, CEO of Lendio, Culture Creator, Business Lending Expert

http://www.forbes.com/sites/brockblake/2012/11/30/why-20-somethings-are-the-most-successful-entrepreneurs/

 

 

Liberty Business Consulting Blog

Liberty Business Consulting Gets Treated!

photo-2

Yesterday for office night some of the crew from Liberty Business Consulting enjoyed a night outside at Pj Whelihan’s Pub and Restaurant. This week most of the guys in the office were traveling on a business trip to Harrisburg so Doug Heinrich, who is the Head of Sales, Small Business for Direct Energy (our largest client) treated the girls in the office to appetizers, dinner and free drinks! We enjoyed great food, great conversation, live music and learned about Direct Energy’s expansion goals for this year. All in all it was a blast and we look forward to our client visiting us again in July!

Thanks Doug!

Liberty Business Consulting

Liberty Business Consulting Blog

Liberty Business Consulting- The Buzzard, Bat and Bumblebee…

Liberty Business Consulting understands that sometimes what keeps people from being successful is the fences in their mind.

Below are examples in real life that hold animals back from being able to fly even though they are fully capable of doing so…

If you put a buzzard in a pen six or eight feet square and entirely open at the top, the bird, in spite of his ability to fly, will be an absolute prisoner. The reason is that a buzzard always begins a flight from the ground with a run of ten or twelve feet. Without space to run, as is habit, he will not even attempt to fly, but will remain a prisoner for life in a small jail with no top.

The ordinary bat that flies around at night, a remarkable nimble creature in the air, cannot take off from a level place. If it is placed on the floor or flat ground, all it can do is shuffle about helplessly and, no doubt, painfully, until it reaches some slight elevation from which it can throw itself into the air. Then, at once, it takes off like a flash.

A bumblebee if dropped into an open tumbler will be there until it dies, unless it is taken out. It never sees the means of escape at the top, but persists in trying to find some way out through the sides near the bottom. it will seek a way where none exists, until it completely destroys itself.

In many ways, there are lots of people like the buzzard, the bat and the bee. They are struggling about with all their problems and frustrations, not realizing that the answer is right there above them.

What fences do you have in your mind that are keeping you from reaching big goals? What will it take to remove them?

 

-Liberty Business Consulting Blog

 

Liberty Business Consulting – How to Get Promoted

How to Get Promotedpromotion

Work your butt off
It might sound obvious (okay, it is obvious), but nothing—nothing—takes the place of good old-fashioned hard work.

Dress for the job you want, not the one you have
In a lot of ways, you are what you pretend to be (and what others perceive you to be). So if you have dreams of becoming a CEO, wear a suit. Yeah, I know, businesses these days are way more casual than that. But wearing jeans to the office isn’t exactly going to scream “management material.”
Leave your personal business at home
Your need to be focused on your work, not the meaningless fight you had with your significant other that morning (a disagreement that, let’s be honest, will have blown over by dinnertime anyway). This means no phone breaks to hash things out or dishing about your drama to your coworkers.
Do the tasks nobody else wants to do
Almost every manager and CEO was in your position at some point (really), so show that you’re willing to put in the work that they once did—even if it includes a project that is less than ideal.

Snag a mentor
If you don’t already know anyone who has the job you want some day, send an email to someone who does, asking to meet for a quick informational interview. Offer to take him out to lunch, and be sure to do your homework on him so you’re armed with plenty of questions. Every successful person in the world has a mentor

Have the best attitude

There’s always going to be tough challenges and days that are hard but the more optimistic you are the better your performance. If you can’t handle the little things you won’t be able to handle the big things.

Think Big

The bigger you think, the higher your goals are, the better you’ll do.

Don’t make comparisons to other people

It doesn’t matter what other people do. They are not you and you are not them. If you compare yourself to another person you will never be able to focus on your own game and what you need to do to succeed.

Never ever give up

No matter what if you literally never give up you’re bound to succeed.

 

Liberty Business Consulting Blog

Liberty Business Consulting – Rejection

Few events arouse more teenage angst than the springtime arrival of college rejection letters. With next fall’s college freshman class expected to approach a record 2.9 million students, hundreds of thousands of applicants will soon be receiving the dreaded letters.rejection

Teenagers who face rejection will be joining good company, including Nobel laureates, billionaire philanthropists, university presidents, constitutional scholars, best-selling authors and other leaders of business, media and the arts who once received college or graduate-school rejection letters of their own.

Both Warren Buffett and “Today” show host Meredith Vieira say that while being rejected by the school of their dreams was devastating, it launched them on a path to meeting life-changing mentors. Harold Varmus, winner of the Nobel Prize in medicine, says getting rejected twice by Harvard Medical School, where a dean advised him to enlist in the military, was soon forgotten as he plunged into his studies at Columbia University’s med school. For other college rejects, from Sun Microsystems co-founder Scott McNealy and entrepreneur Ted Turner to broadcast journalist Tom Brokaw, the turndowns were minor footnotes, just ones they still remember and will talk about.

Rejections aren’t uncommon. Harvard accepts only a little more than 7% of the 29,000 undergraduate applications it receives each year, and Stanford’s acceptance rate is about the same.

“The truth is, everything that has happened in my life…that I thought was a crushing event at the time, has turned out for the better,” Mr. Buffett says. With the exception of health problems, he says, setbacks teach “lessons that carry you along. You learn that a temporary defeat is not a permanent one. In the end, it can be an opportunity.” – Warren Buffet.

 

- Liberty Business Consulting Blog

Liberty Business Consulting Attends Quarterly Conference

Liberty business consulting

This past weekend the crew at Liberty Business Consulting attended the New Jersey Leadership conference held at the Hilton Hasbrouck Heights Hotel. The conference was ran by Organizational Consultant Rebby Sutherland and featured several top owners across the country. Speakers shared their experiences and advice on topics such as sales, training, time management and team building. The conference was centered around ways we can all improve and advance and there was also a charity raffle held to raise money for Operation Smile!

Everyone in the office really felt energized and motivated after attending. “This was the first conference I’ve attended in a long time where all the information I felt like really applied to me and my situation. I couldn’t take enough notes and  I feel very excited to implement everything I’ve learned.” – Kaitlin O’Malley

We are excited for our next big conference coming up in June in Pittsburgh! Stay tuned for more info!

 

-Liberty Business Consulting Blog

 

 

 

Liberty Business Consulting – How To Stay Motivated At Work!

liberty business consultingLiberty Business Consulting – How To Stay Motivated At Work!

At Liberty Business Consulting we believe the most successful employees and sales professionals are those who are excited about their job.  There’s an energy that comes across from someone who truly loves what they are doing that makes everyone else around them feel happy and excited as well.

But sometimes it is hard to keep your energy up.  Maybe it’s the winter  weather, maybe it’s car problems, or a fight that you had with your significant other.  Maybe you’re just worn down by meetings and the daily drag.  So what can you do to stay inspired?

One option is to decorate your space.  Whether you own your own office or just have a desk, if you have nothing to look at but blank spaces you’re not going to have anything to beat the monotony when you need to look away from your work.  Add some motivational quotes, inspirational pictures, or personal touches to help remind you why you’re there in the first place.

Move around.  If you have the chance to work elsewhere for a bit, do!  The change of space can energize you in a way that few other things can.  If you can’t actually work in a different space at least take a couple moments to walk around and refresh your brain.  Sometimes all you need to recharge is a couple of moments away from what you’re working on.

And finally, have a goal and keep your eye on the prize.  Before you do anything else, ask yourself, why are you at work?  Are you saving up for a vacation?  Are you trying to pay off a loan?  Are you providing for someone else?  If you don’t have a goal, if you’re just going to and from the office, it’s much easier to call in sick whenever you can and slack off when you’re at work.

But if you have a goal, a reason for you to be at work, you’re much more likely to work effectively.  And whenever you find your energy flagging, look around, remember why you’re there, get a cup of coffee, and get back to work.

 

 

-Liberty Business Consulting Blog

Liberty Business Consulting – How To Thrive During Tough Times

liberty business consultingTaken from Entrepreneur.com

As an entrepreneur, being your own boss can be a joy and a burden. You are responsible for tough decisions about how to stay relevant in the marketplace, when to take on more debt, or how to handle an economic downturn. It is never smooth sailing, so learning to thrive and grow in difficult situations is essential to your success.

“We don’t talk about struggle enough,” says Steven Snyder, author ofLeadership and the Art of Struggle (Berrett-Koehler, 2013). “We deny it and treat it as a taboo topic. That forces people to become embarrassed about it.”

When leaders push emotional or professional challenges under the rug, those unaddressed feelings plant a seed of self doubt. That leads to low confidence, self-comparison, and diminished faith in your ability to handle future trials — a toxic combination.

On the other hand, if those challenges are addressed, leaders begin to flourish. “Struggle and leadership are intertwined,” Snyder says. “Challenges create the opportunity for leadership growth.”

To conquer difficult situations and grow your business, prepare yourself to handle the challenge mentally and emotionally. Here are three tips to help you do that:

1. Build self-awareness.
Every leader faces constant struggles, but problems arise when fear and self-doubt take over. To prevent that from happening, be mindful of your emotional state. “If you can really pay attention to your fears and deal with them, then you can be so much more effective,” Snyder says.

To become aware of your fears, look for signs of resistance or displaced anger. You might be procrastinating on a decision, arguing without listening to the other side, or lashing out at your family. Ask yourself, what is really going on here? What do I fear will happen? What am I telling myself about this situation, and is it productive? By building that awareness, you regain control of the situation.

2. Trust your ability to learn.
Those who conquer challenges most effectively hold a firm belief that they can learn and grow, adapting to handle any situation. They shun the idea of innate talent in favor of hard work and hunger to learn. That attitude helps them handle tough challenges in stride.

When you face a difficult situation, remind yourself that you can change and improve. “Ask yourself, what can I do proactively in this situation to really make the best out of it?” Snyder says. If you are humble about your knowledge gaps and optimistic about your potential to grow, then struggles will be opportunities to become a better leader.

3. Be ready to reinvent yourself.
Struggles are moments that demand change, so any good leader must be adaptable in order to persevere. “You have to recognize that what led to success before may not lead you to success in the future,” Snyder says.

In order to thrive, you may have to make significant changes to your leadership style or your business. To embrace that flexibility, remember your mission and the passion you have for your work. By focusing on the end goal, you can start to detach yourself from any one way of getting there, allowing more freedom to explore different means to the same end. “That adaptive energy unleashes our greatest potential,” Snyder says, empowering you to overcome any challenge and thrive in the face of struggle.

 

-Liberty Business Consulting Blog