An Aha Moment on Winning

Over the last month or so I have been listening to and discussing what the hidden depth of high performance is and what part winning plays in that. A part of me rejects the desire to grade performance and yet another part recognizes the true value in measuring something to give it meaning. This is the ‘aha’ moment for me – that to feel I have performed well, to get that ‘winning well’ kind of feeling, I need to experience a light bulb moment of clarity about why or how I performed well.

It is a topic that intrigues me – I am curious, in a scientific kind of way, about what other elements and machanitions are there that move us into high performance and create that ‘winning’ feeling, especially in this ‘brave new world’ of post-pandemic business-life.

If performance is a measured thing to make it high or low, then it should be simply a matter of putting all the skills and competencies in the right place and letting them distill into high performance. However, we know it is not as simple as this.There is another side to the high performance coin that comes from the energy and commitment. So one side of high performance could be skills and competencies (tools of the trade) and the other side could be the energy and commitment (inner purpose) we are feeling. What I have noticed when working with teams and high performing indiviudals is that they balance these elements around their closely held values. I am still left wondering what else there is in the formula that turns a performance into a feeling of ‘winning well’.

When I reflect on this, what stands out to me is that it is our feelings that inspires us and our feelings that we use to measure how well we have performed. Whether it is a ‘ho-hum’ performance or quite fulfilling, our feelings are the guide! Hence, my curiosiness has lead me to conclude that as high performers we are searching for an immeasurable measure to confirm our high performance, to give us that ‘winning well’ feeling.

As a leadership coach, I have discovered that a feeling of ‘winning well’ is a very individual thing because the ‘well’ part of the phrase comes from the measure of the individual or the team I am working with. It’s not something that can be arbitrarily applied or externally measured to claim the ‘winning well’ title.

On a personal level, I need to experience an ‘aha moment’ to give me the ‘winnng well’ feeling. My ‘aha moment’ is when there is a sudden understanding of what is behind a knarly issue or the different perspective I can take to unlock the next steps for me or my client. So this is my measure of ‘winning well’. No matter what anyone else tells me or explains to me, unless I experience an ‘aha moment’ I feel like an underperformer.

In William B Irvine’s book Aha!: The Moments of Insight that Shape Our World, he explores the many varieties of ‘aha moments’ that have resulted in significant wins for humankind and the world we live in. The ‘aha moment’ could be a moral revelation or a scientific revelation or simply a small trigger that changes the way we approach something. They don’t all have to change the entire world, but they do have to result in new insight and will make an impact on us. Something we easily remember and recall over and over.

My insight or ‘aha moment’ when pondering on ‘winning well’ and high performance, is that a key element of the formula is to discover something and share it. It can be to reveal a truth that hasn’t seemed relevant, or it can be a new perspective on an old issue, or it can be an awareness of why everything worked well and knowing how we can repeat it.

So the fundamental nature of ‘winning well’ for me is in the sharing of the win to make high performance sustainable – it’s in my response to the experience. What is it for you?  I would love to hear your thoughts.

~ Margaret Armitage

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A Reason to Win

Recently a conversation came about with a few colleagues regarding winning. I used the word winning as a metaphor to achieve something, gaining something we aspired to and for a deeper meaning to one’s purpose. Without explaining this first I felt a little push back when I kept using the word. At first, I couldn’t understand why. It became apparent that winning was my metaphor or an easy way to explain what brings me purpose or fulfillment, but not everyone aligned with this. The word ‘winning’ has a different meaning for each of us, created by our different experiences and associations with the word. 

 This then took me on a journey over the past couple of weeks and brought me to asking the question, “can you win without competing?” Depends on how you define winning right? After asking this question to people from sport, business, friends, and colleagues, one gem of a comment that took me deeper was “winning is a data point, no less or no more important than other data points.” This makes sense, picking up data or information based on the processes we are undertaking. 

 To me, seeing it as a data point takes emotion out of it. It gives me the result of a process without the attachment and gives information to plan my next move. So why can we get so attached to certain results if it is “simply a data point, no more no less”? Are we attached to the work that goes into the process to get to a desired outcome (the blood, sweat and tears)? Maybe even loved ones or others are involved. Is the attachment to another, deeper meaning we value? If we get the desired outcome to a certain process, is that a win? If so, did we have to compete in some way, shape or form to put ourselves in the best possible position to get the desired result? 

 I don’t know. However, I feel knowing when to win and knowing when to fall back and not become overly attached allows for clearer thinking, better decision making and to put energy where needed to allow me to be in the best possible position to win. It may also allow us to make better decisions by not becoming overly attached to those data points and allowing emotion to take over. 

 Taking it a step further, does this mean there are personalized data points and depersonalized data points? Data points, no more no less (depersonalized) and data points attached with a desired want of a result or preconceived outcome (personalized). If that preconceived result is along the lines of gain, obtain, achieve something by effort can you get it without competing? And if it doesn’t mean enough, is it winning? Sure, you can gain something by not competing. For instance, if someone knocks on your door and gifts you $1000 you could say that’s a win. But if we are talking in the context of preconceived gain, obtain or achieve something by effort, is it winning? Not in that context (being gifted $1000) as you applied no effort and had no preconceived expectation. But yes, in the context of a depersonalized, non-emotional data point you could say it is a win. 

 At the end of the day, I have put more questions on the table than answers. For me the most important question is what is your reason to win? Does it align with your purpose? Your values? And if so to what extent before it becomes toxic, is winning unhealthy? And if winning becomes unhealthy, is it really winning? I believe the question “what is your reason to win?”, holds the answer for each of us. If winning becomes unhealthy to your values and purpose and driven by ego, is it really winning? We all define winning differently, taking small losses in the grand scheme of your purpose and vision could be winning, it’s the awareness around these data points and the decisions we make from them which allow us to move forward. 

 So, what’s your reason to win? Do you have a reason to win? 

~ Tom Wickham

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Ted Talk that made me think…

Good morning!

Thought I’d share a Ted Talk that my daughter forwarded to me today to discuss over dinner tonight. It brings to the surface some very interesting thoughts and perspective around age and ageing.  I found it well messaged in the main.  Be interested in your thoughts.  Mine are below.  https://youtu.be/WfjzkO6_DEI

What I like is that the presenter has brought to the surface many blind spots that we have within our social system around the topic of age and ageing.  She counters them with really good arguments that allow us to ponder upon our own judgements and beliefs, and perhaps even help us to change just one of them.  That is a good thing.  I love her line about “I am getting old because my left knee hurts – but your right knee doesn’t and it’s the same age!” What a great paradigm breaker!

I disagree with some of her argument and constructs.  Whilst arguing  the need to break down the old beliefs, patterns  and judgements, she uses judgement and beliefs of her own to “make wrong” constructs like capitalism, ‘big business’ and ‘big pharma’ (and a lot more)  in the same breath.  What I think she is trying to do but doesn’t quite get there is to argue that ageism – or any ism is a part of the whole system.  That any “ism” needs to be brought to light – not in judgement but in acknowledging that it exists (even if just in our minds). .

Blaming one part of the system for the ails of another part of that system is flawed logic, a circular argument, and uncreative.  For example, I don’t personally believe that big pharma is out to conspire to make us feel old/sick/bad/wrong – (that’s marketing’s role if we choose to listen to it – and we unconsciously do).  While blaming them for being the bad guys, she fails to recognise that big pharma is still a part of our overall system.  And we cannot change the system from within it (to paraphrase Einstein).  By observing the whole system in context, we can address the beliefs and behaviours we need to address within ourselves (and that helps change the whole system).   My belief is that, on balance, big pharma scientists go to work ‘on purpose,’ perhaps thinking how they could make all lives better by reducing pain, eliminating suffering etc. What we have done, as part of the same system, is to wrap it all in judgement, blame and an unconscious belief that we must ‘make them wrong’ to ‘make us right.’  After all, “those big companies rob us of our money by making us feel bad about ourselves and then sell us stuff to make us feel better.”  No.  If I feel bad about myself – that’s me doing that. That’s me buying into a marketing campaign.  I can change that belief pretty quickly really.

I just need to take full responsibility and ownership for all my stuff – not outsource the issue to ‘the bad guys’ (which I believe to be another mental construct!).

I am reminded by words that my late mother used to speak around being delighted in ageing and gaining white in her hair – a privilege to be able to do so compared to the many that never get to experience it.  She also said once when I asked if she would retire at 80 “Why? I get up and my hip hurts, my foot hurts and it takes a bit longer to get to the bus, but why would I want to not go to work? Why would I not want to be with people half my age, active, alive, aware, thinking, challenging? My hip will still hurt at work, but my mind will be on other more important things.”  Purpose-full.

For me the message is – keep surfing!

Ak

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New Year – a time to change – or is it?

In my week off after New Year, I treated myself to a Masters Swimming intensive camp designed to help the more ‘mature’ swimmer with their swimming style, stroke and overall efficiency in the water.

It turns out that for years I have been slightly off time in my freestyle stroke – effectively slowing me down and reducing my efficiency in the water by a lot! By making just 2 or 3 minor changes to my stroke I seem to be stronger in the water and faster.

Minor changes – yeah, right! Turns out that those minor changes take a lot of think time and focus, and before the 50m tumble turn my mind is finding hard to concentrate on even one of those 3 changes.

I’m slower in the water, feel like I’ve lost all form, and most definitely am more puffed out and exhausted than ever.

But then I remind myself that you ‘have to slow down to speed up.’ Even the coach reassures me that my speed will improve as I get used to the new way of working in the water.  It just takes time and lots of repetition to re-train my brain. By my 2nd regular training session yesterday I was finding it easier, but don’t feel like I’m even close to half way there.

I’ve moved from unconscious incompetence, through conscious incompetence and into having to be very consciously aware and present  to maintain what I have learned.  I am a while off from being unconsciously competent like the rest of the squad in the faster lanes.

And then my coach shouts out “and remember to kick!”  Ha! Fat chance – maybe next month?

It brings home how even the  smallest changes we make need to be reinforced regularly in order to make them feel normal.  At work, we expect people to adapt and adopt to change at an increasing rapid rate.  Perhaps we need to reset our expectations and acknowledge that it takes us time to change.  Maybe we have to plan time into our change management to ensure people can process and incorporate the changes being made, into their consciousness.

And as for New Year resolutions – no wonder they are rarely fulfilled – you have to change!

Ak Sabbagh

 

 

 

 

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Is there a way to fail better? (6PR Interview – Ak Sabbagh)

Are we a nation that fears failure? Leadership expert Ak Sabbagh thinks so, and he thinks it needs to stop if we want to move forward.

See Aks recent podcast with 6PR Chris Ilsley  here: https://www.6pr.com.au/podcast/is-there-a-way-to-fail-better/

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Successful succession: An eight-step approach to passing the business baton (Ak Sabbagh) Smart Company Article

The average age of a mid-size company owner in Australia is between 57–75 years old, and yet more than 75% of them don’t have any form of planned succession.

It’s no wonder that we regularly see business transitions occur with frantic, unplanned haste and no real value for current owners.

But it doesn’t need to be that way if you plan out your process.

Below are eight considerations to get you and your business ready to pass the baton onto the next owner.

1. Are you really ready?

First, decide whether you are really ready to sell your business. Ask yourself what is motivating you to sell.

If the business is underperforming, while you may want to exit now, it might not be a good time.

If you have a major life event (divorce, death, illness) in your personal life then it might not be a good time either.

If it’s just ‘time to sell’ and you have planned for it, then you have many options. You could sell to some of your key staff (or help them acquire into the business), to a competitor, or to some form of financial investor (like private equity).

2. Are you running to or from?

Secondly, ask yourself if you are moving towards something important to you, or running away from something you don’t want anymore.

Your answer will change how you exit and who you engage with.

In particular, the answer to that question gives an indication of how quickly you want to exit and why.

If your driving motivation is to simply get out, and speed is the most important factor, then you want to engage with as many people as possible and have a clear understanding of the minimum price you will expect.

3. The buyer’s mindset

Third, be in the buyer’s mindset, not the seller’s.

Will you hand over the business to just ‘anyone’?

Are there any persona non grata? Are there organisations you would hate to see own your business?

What should the new owner be like, since they can’t be a replica of you?

What is your ideal person or company as a buyer and why?

Identifying your ideal buyer means you’ll know them when you see them. Otherwise, anyone looks good.

4. Dot your i’s and cross your t’s

Once you’ve figured out your plan, the fourth step is to get your house in order.

If you have no formal contracts, no formal documentation, a shoebox full of receipts, do you really have anything to sell?

It’s time to ensure you have invested in the right structure, systems, processes, people, and documentation so that the business is ready for sale.

5. What’s it worth?

The fifth step is to understand what your business is really worth to someone else.

Don’t confuse what you want for the business, or need for future life, with what the business is worth.

The first step is to do your own research. Find businesses that are similar to yours that have sold recently and go and speak directly to the past owners about it, not only what they got but also what the process was like.

But don’t just take one person’s word for it; consult widely.

6. The sales process

Step six is to understand all your options and make a choice.

To understand your options, don’t just ring your accountant or broker. Your sale process should be tailored specifically to the answers above.

Engage a professional who will help you find the right buyer who meets your criteria and can pay what the business is worth.

That buyer could be an employee, a customer, competitors or supplier.

7. Get flexible

Next, think beyond price. What someone is willing to pay will be different depending on when and how they have to pay.

Vendor terms, deferred components and conditional components are normal for reasonable sized businesses.

Flexibility may get you more, so if you want to maximise the price, expect to offer vendor finance and/or get a deferred payment.

8. Passing the baton

Step eight is to remember the business is yours until you pass the baton, but not a minute longer.

Be sure to plan for the distraction of the sale process, but you must continue to drive the business until you’ve sold it.

When you’ve finally got past the sale, you will have changed your identity overnight.

You are no longer a business owner. So, what are you?

The real work starts now. Plan for what you will be doing and how you will be talking about yourself.

https://www.smartcompany.com.au/finance/buying-and-selling/eight-considerations-business-succession/

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Key success factors in any change program is to determine ‘quick wins.’

“Good things come to those who wait.” It is a saying that we are all used to, but sometimes in business quick wins are equally important.

This week I (Ak Sabbagh) was delighted to be invited to speak to a dozen or so CEOs as part of Bruce Fielding’s CEO Institute chapter here in Perth.  The topic was about not wasting a good crisis and using the time to be innovative and creative in your business.

We agreed that innovation does not mean that the business has to invent the cure for cancer or a new revolutionary app.  Indeed, many of the CEOs present were able to share how smaller innovations (like changes to current products and services, and tweaks to processes) have helped them to remain “business fit” in uncertain times.

With innovation comes ‘change.’ Change is an interesting thing – and right now, for many of us it feels like we are experiencing ‘change fatigue.’  Who isn’t exhausted by the amount of change that we are experiencing either directly or indirectly at the moment?

This led us to a conversation on our personal relationship with ‘change’ itself.  How do you feel about change?  For some, it is an exciting opportunity to challenge, create and grow.  For many, the mere thought of change brings up fears.  The fear of loss of control or agency, the loss of security and certainty, etc.

It turns out that these fears stem from deep seated chemistry within our brains.  In recent conversations with applied neuroscientists Lyra Puspa and Dr Paul Brown, I learned that our brains are naturally ‘lazy’ and love habit because it preserves energy.  This trait is essentially a key to survival.  Brains learn to become lazy by creating habits.  And as we get conditioned to those habits, (i.e. become creatures of habit), this reduces how much energy the brain exerts on doing things.

It’s why we look at systemising processes and creating procedures in what we do.

But there are times where we need to change the systems or the processes.  That means we need to change our habits, and our natural tendency is to resist the change.  Why? Because it means our brains have to work more to learn the new way of doing things.  This works at the most fundamental level – can you recall the agitation created the last time an invited guest sat at your dinner table in ‘your spot’ or your 2nd child’s usual chair?  Breaking the norm challenges us.

So one of the key success factors in any change program is to determine ‘quick wins.’  Incremental changes that move us towards the ultimate goal without a need to make major shifts all at once create an environment where ‘quick wins’ get associated with positive rewards (I guess that’s why they call them ‘wins’). A quick win sets off good chemistry in the brain.  Small, incremental, habit forming changes that are positively reinforced set off ‘liking’ and ‘wanting’ chemical markers of motivation (opioids and dopamine).  In contrast, change that cause negative reinforcements sets off cortisol – a key stress marker.

So, what are the innovations you are introducing that are creating positive motivations? Creating new, constructive habits? We’d like to know what’s been going on with you in your business.

Join us this coming Friday 21st August at 9am WST with other business leaders and owners for a Zoom conversation to discuss what we’ve collectively learned, what we take forward, leave behind, and how we Find a New Balance.

Join us to Find a New Business Balance, click here to register now.

Ak Sabbagh

Coach & Mentor

Director

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Making lemonade from the Covid-19 lemon

As business coaches and mentors, my colleague Margaret Armitage and I are often asked by clients and contacts “what are you seeing ‘out there?’.” Over the past 6 months of our shared Covid-19 winter in Australia, we have lost count of how many times this question has been asked.

Our response feels somewhat ‘bi-polar.’  It all depends on what lens you see the world through and how you interpret that input.  We do see the tough side of how some businesses are not coping well, but in the main we are experiencing and seeing positive outcomes.

Part of the reason for this is that, as generally positive people, we tend to attract clients who are optimistic by nature, are open to learning and growth, possess a ‘on-purpose’ mindset, and have a creative ‘open’ quality about them.

When I shared this observation with a client last week, her response was “So I guess you’d call yourself a ‘glass half full’ person, then?”  My response: “Well that depends…”

I find the “glass half full/empty” analogy problematic as it never really considers CONTEXT.  And context determines (consciously or unconsciously) so much.

With respect to the glass, we must consider its purpose.  What is the glass for? If it is for beer, then for a beer enthusiast, half full OR half empty is not a good situation – it’s only a half a glass of beer.  If it is half full it will be too full for a red wine lover.  And if cognac is your thing, then the glass is most certainly over full – even at half.

You can apply the same logic to most things.  When it is raining, is that good or bad weather?  It’s great if you are on the farm and need rain, and not so great if you promised the kids a camping weekend!  In the end it’s a judgement call on a situation, and in the same way we judge anything as ‘good’ or ‘bad,’ our attitude and perspective/context dictates the outcome.

The “glass half full/empty” concept is often used as an analogy to describe a person as being either an optimist or a pessimist.  Australian research just released by the QIMR Berghofer Medical Research Institute  shows a link between pessimism about the future and a greater risk of dying earlier.  It showed that, on average, participants who scored higher on pessimism were likely to die two years earlier than optimists.  Interestingly, a highly optimistic perspective did not show extended life expectancy above the average life expectancy.

Regardless, what I take out of the research is that while you may not live longer than average by adopting a positive/optimistic attitude towards life, business, and the world at large, it certainly doesn’t hurt.  And when we work with positive, and optimistic business owners, we witness incredible creative energy that spins off opportunity and a sense of Agency (refer to Margaret’s blog last week) and certainty in a world that for others seems out of control.

It’s time to stop thinking about how bad (or in some cases, good) the whole Covid-19 situation is – enough energy is wasted there already.  Instead, if we simply acknowledge that it is what it is and ask how we can make the most of it, then we can begin to see a way out.

So what are we seeing out there? We are seeing optimistically minded business owners making lemonade from a pretty bitter lemon.  Among other things we see them:

  1. Redefine their businesses, seeing growth in new markets that were unavailable to them only 4 months ago.
  2. Learn more about themselves and their personal relationship with “change” and “risk,” often surprising us with bold moves to expand when competitors have shuttered up.
  3. Take stock of Covid-19 Lockdown #1 – learning and determining what they will take forward, leave behind, or adapt if and when Covid-19 Lockdown #2 occurs.
  4. Be real about the situation – not being over-optimistic and betting on a cure-all vaccine by Christmas (although wouldn’t that be great), instead, they are pragmatic and prudent in their planning for what may be.

Above all they are not waiting for a ‘new normal’ to form.  They are pro-actively creating, defining, and shaping the new normal for themselves and their businesses.

What are you seeing out there? What have you heard?  What have you learnt?

We would love to know…

Are you waiting for a ‘new normal’ to form or are you pro-actively creating, defining, and shaping a new normal for yourself and your business?

If you belong to the optimists doing the latter, then please join us on 21st August at 9am WST with other business leaders and owners for a Zoom conversation to discuss what we’ve collectively learned, what we take forward, leave behind, and how we Find a New Balance.

Join us to Find a New Business Balance, click here to register now.

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How distance can improve business fitness in an era of social distancing

Last year my work colleague Ak Sabbagh, who often has moments of startling wisdom, wrote a blog about the similarity between Astronoauts and Business Coaches in which he explained that the gift they both have is PERSPECTIVE. To quote from Ak’s blog –

It is a phenomenon called the “overview effect” – described by space philosopher and author Frank White as “seeing the Earth from a distance, and realising the inherent unity and oneness of everything… The viewer moves from identification with parts of the Earth to identification with the whole system.”

The “Overview Effect” was brought back down to earth in COVID-19 and became a powerful exercise regime for keeping our coaching business and our clients’ businesses fit during lockdown. Lockdown caused society and businesses everywhere to cease ‘business-as-usual’ and stay still, whilst keeping on going – and that was the challenge that sent our minds and feelings into turmoil.

What immediately emerged, no matter how aware and well coached we were, was a reactive response of – ‘well that means I can’t do the things that keep me and my business healthy anymore, so I’ll just have to get fat and unhealthy!’ As a collective we felt disempowered because we were ‘prevented’ from making our own choices.

According to neuroscience, funny things happen in the brain, when we feel like this – and we probably don’t need neuroscience to tell us that, do we!  Our brain loves ‘autopilot’ and feels mighty uncomfortable when things aren’t ‘normal’, as Lyra Puspa, leadership coach and neuroscientist explained to me. In practice the brain unconsciously feels secure when the past, present and future are connected.

One client told me how helpless he felt when lockdown was announced and swimming pools closed because his ‘normal’ exercise regime is a 5am swim three times a week. This keeps his body, particularly his back, fit. He blamed the government for making him ‘fat and unhealthy’. In desperation he decided to try a new exercise, walking, allowed under the COVID-19 regulations. He found it wasn’t too bad, although it was slow and not really keeping him fit. He needed to jog, but knew he couldn’t because his knees wouldn’t stand it. However, he tried it once and came back feeling invigorated and no sore knees. Now he is jogging his way through COVID-19, staying fit to emerge from lockdown with a new level of fitness and equipped if this situation comes back.

What is happening from a neuroscience perspective is that to manage the discomfort caused by being prevented from swimming, the brain looked for things that in the past have provided security. This is called Attachment – and the past things we are attached to affect the present and will flow through to the future.

However, the brain is stimulated by new things and also likes familiar or old things. New things, different behaviours can be exhausting for the brain as they demand energy. Therefore, the brain attaches to Familiar patterns because it requires less energy when changes take place. The attachment to something that worked in the past and is familiar, makes us think we are in control of the situation and have Agency. Our brain tells us it’s okay, “I know what is going on here, even if things are different out there”. This is called Certainty and is what helps our brains grow. Uncertainty gives rise to fear which shrinks our brain, as Lyra explained it. Hence, my client’s reaction to changes with lockdown can be explained by neuroscience. His past attachment to swimming and feeling of helplessness when it was taken away by  government lockdown, in the present made him view the future as fat and unhealthy.

The same applies in our business lives. One client, a business owner of a highly skilled dental practice was significantly impacted because her industry was the first to be totally shut-down when COVID-19 emerged. Despite having the initial response of ‘What are we expected to do NOW???’ this client decided to use a low-energy activity, to ‘go digital’. This felt a bit like walking as an exercise, it wasn’t really making the business fit, just keeping things moving. This client extended her energy to keeping ‘business-fit’ by building her leadership team and strengthening them to lead the practice out of lockdown, fitter and stronger than ever. Now that the business can return to it’s pre-COVID business regime, there is a new energy in the place and a strong and well-equipped leadership team to manage things back to normal.

In this new normal of unknown, uncertain times, as we move out of lockdown, we can stay fit and healthy by adjusting our view from focus on the individual parts of our business, to view this from above, looking at the entire business system itself and strengthen and develop the parts that make the whole strong.

In this age of social distancing, creating a space which allows you to objectively consider your business is a healthy move towards Finding a New Business Balance.

If you don’t want to wait around until the ‘new normal’ is dictated upon you, but you do want to pro-actively create,  define and shape the new normal for yourself and your business, then join us on 21st August at 9am with other business leaders and owners for a Zoom conversation to discuss what we’ve collectively learned, what we take forward, leave behind, and how we Find a New Balance.

Join us to Find a New Business Balance , click here to register now

Margaret Armitage

Coach & Mentor

Beckon Business

 

 

 

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