Being successful in business requires a great idea (that will be refined and modified over time) ,hard work, and a great team. Successful business owners and independent professionals have an Executive/CEO coach and supportive group of advocates to be resources along the way. The Success in Business blog shares great success ideas, tips and insights to help you get there faster. Remember success is an ongoing journey, not a destination, but ...... always be sure to enjoy the ride.

Wednesday, March 30, 2011

Where Good Ideas Come From

Steven Johnson's book by the same name (Where Good Ideas Come From 2010) is very inspiring and informative. It chronicles all of key innovations from 1400-2000 in a glossary; where they were created and by whom. In many cases there were multiple creators. It is claearly a fascinating look at the evolution of the modern world we live in. He also captures the creative energy of the early coffee shops, liquid networks, and the slow hunch (i.e Darwin's theory of Evolution) which lead to his epiphany, and serendipity which frequently leads to breakthroughs. I suggest you track it down.
DC3

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Friday, March 14, 2008

Networking Strategies that Work

What is your Professional and Organization Strategy for Networking? Plot your own Grid and see how you are doing. Do you have a broad reach or a narrow expert focus.


Organization Role Benefit Goal

CT Venture Group Member New Companies Stay current
Capital & Mgt Needs Make Contacts

Toastmasters VP PR Visibility Refine Public
Speaking

Norwalk Chamber Initiate Programs Recognize Companies & Find Clients Small Business Council HTC Hosts
Chairman

Microenterprise New Entrepreneurs in Use Spanish/ Visit Ecuador
Council Ecuador & El Salvador Help Microentrepreneurs
Member

Tuesday, November 13, 2007

The Laws of Teamwork - Don't Forget Them

Creating a powerful team with everyone on the same page and going in the same direction will lead to growth and success.

The Laws of Teamwork and How to Use Them Effectively (Maxwell)

1 The Law of Significance – you can’t do it alone

2 The Law of the Big Picture – vision is everything

3 The Law of the Niche – people should be aligned in the right place at the right time

4 The Law of Mount Everest- the higher level you reach, the more teamwork you need

5 The Law of the Chain- there’s a TV show about this (The Weakest Link)

6 The Law of the Catalyst- traits of initiators are key and long-lasting

7 The Law of the Compass- sets direction and confidence for the team

8 The Law of the Bad Apple- attitude is everything

9 The Law of Countability- everyone has to do their job or else

10 The Law of the Price Tag- there can be a price to pay for not acting

11 The Law of the Scoreboard- how are you doing

12 The Law of the Bench- a deep bench almost always wins

13 The Law of Identity- the values of Home Depot are legendary

14 The Law of Communication- the 3 Cs are important to remember

15 The Law of the Edge- leaders make the difference

16 The Law of High Morale- 4 stages of morale and lots of roles to play

17 The Law of Dividends – investing in your team compounds over time


Teams are nurtured, molded, encouraged and reinforced. If they are knowledgeable and work together synergistically, great thing can happen – above and beyond what may be expected. Ideas adopted from The 17 Indisputable Laws of Teamwork by John C. Maxwell and numerous other sources.

Sunday, March 25, 2007

Creating High Performing Teams

How do you build a Strong Management Team?


Have you ever noticed a company with a team of strong managers who are all on the same page. They are knowledgeable, know the company’s goals, and work hard with the right attitude to achieve at the highest level. How does it happen?

Two common elements can be found. A strong leader/manager is in charge. He/she is not only a good communicator and a good role model, but the organization is also dedicated to working together in teams to improve processes and solve complicated problems. First-rate communication skills are essential to establishing and accomplishing goals.

A second element is an emphasis on teams i.e. having regular meetings and team building activities. Being part of a productive team is fun and challenging. Teams best decide many complex issues. It takes longer to reach a consensus or strategy, but studies have also shown decisions achieve results more smoothly and with fewer problems. The early quality circles in companies were effective in putting peer pressure on all members of the team to perform. Now teams are essential to keep up with a complicated and changing world where new competitors emerge from different industries and new technologies can quickly change the slope of the playing field. Here are some guidelines for effective team building.

• Make it a regular event – the job is never done. Teams should meet on a regular basis. This allows everyone to get to know each other. A productive tone should be set so the group gets down to busy right away and ends meetings on time.

• Make it fun. A skilled outside facilitator or internal person can lead entertaining meetings, which provide good messages, but it also provides a different format or atmosphere for learning. Key goals should be agreed upon ahead of time i.e. improve communication skills, share creative solutions, emphasize key company directions, etc.

• Interactive is the rule of the day. As an effective professor, I quickly learned that calling on people engages people and sets a tone. Everyone should be involved. In a company meeting it may be powerful to have teams stand up and move around to solve problems together.

• Meaningful content and stories endure. Illustrate points with stories and metaphors. Ask participants to share clients stories, challenges and successes. Use company specific examples to highlight key messages.

• Be energetic and maintain eye contact. 93% of communication is non-verbal. You can learn a tremendous amount by watching the audience. As a facilitator, I like to engage and challenge the most skeptical. Get them involved or ask them to be a leader through questions.

• Be well organized in your delivery. As previously mentioned, good stories and metaphors are essential, but it also important to relate to men and women with your exercises, questions and content.

• Summarize key learnings at the end of the meeting. Ask a range of people to share what they will take away.


This year will continue to see business and technology move at laser speed. Training can be an important component, even in small companies, to stay ahead of your competitors. There is more choice in markets today than ever before, and customers/clients are more knowledgeable than ever before. As you take time to see and view the big picture, set goals for your training and team-building efforts. Don’t be afraid to think “reach outside” or try new approaches to find creative solutions for your company.

Monday, November 20, 2006

A Good Time to Reinvent Your Business and Your Career

In today’s business and non-profit world, fast-moving and continual change is part of the equation. Inevitably, there will be challenges you face at work, in your profession, or in your life that may compel you to rethink what you are doing and how you are doing it. Transitions can be exciting and “fun”, but they are never easy. Most times everything happens more slowly and with more steps than you ever imagined. The best approach is to plan and think ahead, preferably over a period of time to solidify your thoughts and carry out your plan. Change is just another opportunity around the corner. Businesses and people need to change every 5-7 years. They need to grow a new branch on the tree or ignite a new interest, hobby, non-profit endeavor or passion. Here are 4 qucik steps to get you started.

1 Start a log book with dates and record your thoughts and aspirations. Even if some musings seem out of the box, record and date them. Make 2 or 3 entries weekly and take note of your progress and evolution as it happens. What changes do you want to make? Has your medium or long term vision changed?

2 Make a list of these groups and your role in them. Identify your role and contributions in past organizations that you have been involved with. Rank these in order of most fulfilling experiences. Describe conferences you have attended and what you learned from them. Is it time to reconnect with some of these groups or people?

3 Identify industries that are being changed by technology, globalization, consolidation, or obsolescence. Find out what is happening to smaller companies. Write down 5 opportunities that are emerging because of these opportunities. Are there trade shows or events for industries that you normally don’t attend coming up?

4 Develop a network of contacts to help you with this reinvention process.
Identify and engage key partners in the process. Share your thoughts and plans on a regular and periodic basis with colleagues, managers you admire in several companies, and a select group of family and friends. Have you set up a mastermind group or engaged a coach to be your sounding board? Are you accountable to anyone to make this process happen?

4 Adopt the REINVENT paradigm can provide the framework and help get you there faster and with better results ….Reach for more; Energize yourself; Investigate options; Never step back; Vision rules; Emphasize opportunities; Nurture your contacts; and your
Talents will emerge. More on this in another article.

Friday, October 27, 2006

Microlending (MED)

Dear Business Leaders

Attached is a recent story (without pictures)in the Fairfield County Business Journal (October 2, 2006) on a Microlending project (MED) in Ecuador that I am working on that I thought would be of interest.

We can apply our skills and talents in many ways. Hope to catch up with you soon.



When you call your business "The Success Coach," those are some rather strong words to live up to, but one look at Doug Campbell’s accomplishments and it’s easy to see why he earns that moniker.

After a string of five successful startups and five years spent with a Fortune 100 in strategic planning and as a marketing director, Campbell knows how to launch a business and take it to the next level.

"I have been a success coach and a CEO coach for about 10 years," the 53-year-old Darien resident said. "I had taught for 10 years before that for MBAs and undergraduate classes. I started the entrepreneur courses program at Sacred Heart University and I have started five businesses so I have always been interested in entrepreneurs and people building businesses."

In his current job as an executive coach, he helps grow an entrepreneurial company or reinvent an established one. Clients have included everyone from Boardroom Reports (in Greenwich) to Nat Nast Clothing (in Wilton) to LeBlanc Communications (in Norwalk).

"I serve as an advisor and help with four broad areas: strategy, marketing, people (such as hiring and training) and finding the right resource such as a person needing a small-business lawyer."

Campbell also does team building and strategy retreats, speaks at multiple trade associations and universities and owns a tutoring business, in Darien, along with his wife, Gwynne, now going on its 22nd year.

When not in the midst of helping executives reach their potential, Campbell spends time volunteering as part of a not-for-profit micro-lending organization in Darien that has done wonders for the economy of Ecuador.

The Fairfield County Microenterprise Council is now in its seventh year and is comprised of about 25 families who have helped thousands of people start businesses in Ecuador.

"What we do is we donate time and money, but we probably take four to five trips a year with a group of people to provide advice and consult," he said. "I’ve been to Ecuador twice now and what we’re doing is basically providing some seed capital to help them start a business … let’s call it a bank, although we’re lending to people who couldn’t borrow from banks and also providing advice for management and the people there."

The area that they concentrate on is called Ogdabalo, which is a volcanic area with a population of about 100,000 and is known as a very talented craft culture and visited by tourists from all over. They have a famous market where most of the businesses they help sell their wares.

"A lot of people we are lending to are making guitars or braided shirts or belts or all kinds of craft material," Campbell said. "They can make it and sell in the market and make enough money in one weekend to pay off their loan for that month. It’s fun to go see them and I’ve bought a lot of things that they have made for my kids."

Since its inception, the council has seen the portfolio in Ecuador grow from $150,000 to $3.4 million.

"We figured that for every person we help start a business, it probably helps five additional people and we’ve done 8,000 so it’s about 40,000 people whose lives have changed," Campbell said.

They also work in conjunction with Worldvision which does a lot for economic development and also supplies a country representative who helps choose those who will get the loans. Recently, the council added two more countries: Chile and the Dominican Republic.

Helping others start businesses was obviously a draw for someone with Campbell’s background, but there was an international component that interested him as well.

"In a previous life I had studied in Spain in college, I wrote a book on international law and I worked for the United Nations so I spent four to five years in the international world and I love the Spanish culture so it really caught my attention internationally again," he said. "It’s been a wonderful learning experience."







On one trip a few years ago, Campbell took his then 17-year-old daughter Caroline with him to visit some of the people who they were helping. He says the people of Ecuador were so grateful and opened up their homes to them.

"What I’ve gotten out of this has been tremendous," he said. "To see how such a small token of effort has changed people’s lives. They are so appreciative and so grateful and even though here’s someone who may not read or write, he’s making a good living and the kids help, so there’s a lot of pride there. It’s an extraordinary business."

http://www.fairfieldcbj.com/archive/100206/1002060012.php



All the best.

Wednesday, May 10, 2006

Ecommerce and Dotcoms are Back

Ecommerce and Dotcoms are Back

In the mid 1990s Priceline, Amazon, and Ebay were on the cover of Business Week. BW asked “will they make it?” Can they survive as “new” business models? The answers have now all come in. Since then, Ebay and Amazon have grown exponentially and become leaders in their markets, and Norwalk-based Priceline now has its highest stock price since mid 2004, and its profits are growing.
Six years ago when I was working as an Executive/CEO Coach for several dotcom clients, two companies, that didn’t make it, even convinced me to take a piece of the company. They were run by talented leaders, but the market and the revenue model just didn’t develop fast enough. They fought hard, but many companies with great ideas and people didn’t survive. Some received too much money and spent it unwisely due the boom. Some were ahead of the market; others couldn’t find enough paying clients.
Only recently have dotcoms come back to the forefront for me and in the business world. It is now acceptable to say you are a dotcom or to add the dotcom back to your business name (which you may have dropped). Several recent projects include advising a dotcom company with explosive growth potential on their VC presentation in an effort to raise an additional $3-5 million, working with another one that is growing 40% per year on a sale/merger, and heading up a board of advisors for another small dotcom (that has been growing since 1999) that just received a group purchase patent that we are licensing. In addition, I just received a call (and email) to speak on Ecommerce in June.
Whether you have been paying attention or not, there are numerous success stories in Connecticut, and several models continue to grow. I met yesterday with a food company that sold over $100,000 on the web out of several million in total sales, and they are just getting started. I ran another meeting with a leading executive information company, now with 40 employees, that is growing solidly.
Even if you are with a large company, there may be opportunities. Several years ago, I had a client who helped launch Weight Watchers online business which had $9 million in sales in its first year. Not only did this effort surprise many executives in the company, but it brought out a whole new underserved market i.e. men who wanted to lose weight, but didn’t want to go to meetings.
What opportunities are you missing with your company? Have you used the latest search optimization techniques? Do you have a dedicated focus for this area of your business?
Many websites today should move from being a brochure to being an ecommerce website, particularly if you are selling products. It can be more efficient for small orders and requires less processing time. It can also generate a new wave of clients who get to know your company, even though they may be in different geographic areas or countries. The time to act on this challenge or rededicate your efforts is now.

Douglas Campbell III (www.thesuccesscoach.com) facilitates strategy and team-building meetings for companies to build effective and strong management teams. As an executive/CEO coach, he works with business owners in the areas of strategy and vision, marketing and business development, and team building to move businesses to the next level. He has started 5 businesses, taught undergraduates and MBA students, was Director of Marketing for a Fortune 100, writes for several newspapers, and is a member of the National Speaker’s Association.