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Why asking for help isn’t the same as giving in

Why asking for help isn’t the same as giving in

Asking for help is something most entrepreneurs (including myself) aren’t very good at doing. It’s understandable: when you come up with a killer idea for a business, you want to be the one who sets it in motion.

I started my first business aged 21 full of optimism, passion and arrogance. Like most 20 year-olds, I thought listening was a waste of time. Sure, they might have done it before, but I was doing something different and better. It took me 20 years to realise that talking to people and asking for help are two of the most useful skills an entrepreneur can learn.

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Find a mentor

Finding a mentor is a good way of receiving professional and targeted guidance. Find someone who you admire, who has more experience and a different skill set than you. Be honest about what you’re good at and where you’re struggling so that you make the most of their help. A mentor isn’t there to shower you in praise, but to offer you constructive criticism and share their experiences of the business world.

According to data presented by the Harvard Business School, 25% of start-ups crash and burn so it makes sense to take advice from someone who’s done it before and can recognise the warning signs early on. You don’t have to implement everything they say, but listen and take notes because if it’s not helpful now, it could be in the future.

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Get a partner

Sometimes it’s even more worth bringing in a partner so that the business can benefit from two or even three differing perspectives. For example, my skills tend to be more in sales and motivating, so I recently partnered with Andrew Valentine, the Founder of Street Car, who has helped massively by advising me and analysing our business models for AVirtual. It’s a really effective working relationship and means that I can spend more time doing what I love.

It’s also worth remembering that investors tend to prefer investing in a pair of founders rather than one person because they recognise that no-one is good at everything and it’s less risky for them.

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Build a network

Aside from office interactions, being an entrepreneur can be painfully lonely. It’s important to build a network of people who are doing similar things, can offer support and help you to expand your professional circles. That’s where the most exciting collaborations and partnerships come from. There will come some point in your career when you need recommendations from other professionals, whether it’s about website design, marketing or assembling a board of directors so it’s worth making as many connections as you can now.

Also, don’t underestimate the usefulness of professional organisations; they can connect you with CEOs from across the globe and usually, have amazing archives of motivational and focussed articles on relevant business topics. I’ve met some of the most interesting people in my career through EO, but there are networks in almost every community which you can join. It can be daunting, but pushing through your comfort zone usually pays off.

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Hire an assistant

Finally, hire an assistant early on so that you don’t become one. It might seem like a luxury, particularly when you’re just starting out, but employing someone to take care of day-to-day administration will save you a massive amount of time and make the whole experience more enjoyable.

It’s hard when you’re an entrepreneur because your role isn’t always that clear cut and you end up doing a bit of everything, which can be quite challenging and unsettling, not to mention stressful. An assistant can help you learn to prioritise and delegate; skills, which are vital for effective leadership and optimal productivity.

Featured photo credit: Atlas Green via unsplash.com

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Richard Walton

Founder of AVirtual

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Last Updated on October 28, 2020

The Crucial Letter Your SMART Goal Is Missing

The Crucial Letter Your SMART Goal Is Missing

SMART goals are a simple, logical way to organize your goals as you set them throughout life. Not only does this technique help you identify reachable goals, but it helps break down goals into smaller and more manageable pieces.

However, there is one crucial element (or letter) that is missing from this acronym. This missing letter can potentially make it harder for you to reach your goal – no matter how well you have broken down your goal into different pieces and action steps. However, once you understand this missing piece, you’ll be able to use it to move forward with your goals.

What Are Smart Goals?

If you are not familiar with the SMART goal setting technique and what the acronym means, here is a brief rundown with a simple example:

  • S = Specific — Your goal has to be specific enough (“I want to lose 4 inches off my waist”).
  • M = Measurable — You can measure your waistline every week to keep track of your progress.
  • A = Achievable — Do you think that you can do this? Or are you going too far by getting rid of yet another 4 inches? Or should you expand the goal to 5 inches; is that within reach?
  • R = Realistic — Is your lifestyle stable enough that you can commit to this goal?  Are you mentally prepared to do this? Do you have the resources you need for this goal?
  • T = Time-framed — You could want to achieve this goal within a week or within six months, but it should have a specific time frame.

As you can see, when you break down your goals like this, they become much more manageable and concrete than just saying “I want to to be slimmer.”

All fine and well, except that there is a crucial letter missing in this package – another letter “A.”

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The Missing Letter

The other letter “A” stands for accountability, and this is a great way to make sure that your defined plan is actually executed and is not left just on the talking or planning level. Even if you have crafted a masterful plan by using the SMART goal technique, it becomes useless if you don’t actually execute it. To make sure you start the execution phase, you want to throw some accountability into the mix.

By having some external pressure on your back (in the form of accountability), you are more likely to take action on your goal steps than if you just keep the plan to yourself. Accountability is based on the fact that you want to stand behind your words and save face. When you announce your goal to the world, you realize that the world is now watching you, and you don’t want to let the world down.

Accountability is also about facing the expectations of others. If you announce a goal or a task in public, other people are expecting you will achieve the tasks and goals you have laid out for yourself.

Watch this video and find out how by having dependable accountability, you can reach your goal more efficiently:

Ways to Implement the Letter “A” in Your Goal

There are plenty of ways you can go about creating accountability. Choose which one will work to motivate you the most.

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1. Keep It to Yourself

I was a bit hesitant to include this, since in this scenario you are not telling others about your plans or tasks. However, for some people this might work since your conscience is your accountability partner in this situation. And you don’t want to let your conscience down.

2. Announce It to Other People

Your people could be your colleagues at work, your local golf club buddies, the subscribers and readers of your blog, or your Twitter followers. I would say that accountability is more effective when dealing with “offline people.” Being accountable face-to-face to someone is very effective.

I’m in no way underestimating the power of “online people” either. If you are trying to form solid relationships with others online, you want to keep your word – even if you don’t necessarily meet the people in the same sense as in the offline world.

3. Find an Accountability Partner

A more intimate way of being accountable is to find an accountability partner. This could be a friend or spouse, but it needs to be someone you feel comfortable reporting to. When this route is chosen, you might decide to call your partner on a frequent basis to tell them how well you are progressing on the goal.

4. Get on Stickk.com

If none of the above ways work for you, it’s time to put Stickk into play.

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Stickk.com is a website where you can announce your goal (“Commitment Contract”), and to make you even more committed to reaching that goal, there is money at stake. Money is not mandatory to get set up with Stickk, but knowing that you will lose a certain amount of money if you don’t reach your goal can give you an extra push to get stuff done.

5. Join Mastermind Groups

A mastermind group is a group of like-minded people gathering on a frequent basis (online or offline), trying to push each other closer to their goals. This type of accountability is very common in the business world. When you are in a mastermind group and you have set the objectives you want to achieve by the next meeting, you want to get stuff done and fulfill other’s expectations.

Mastermind groups are a great way to improve your productivity and reach your goals with the help of others.

6. Hire a Coach

If you really want to get personal attention for your goals, then hiring a personal coach may be the best way to stay accountable.

Not only are you accountable to your coach, but you also have to pay for his/her attention. This makes the coach option even more effective. You want to make sure you do everything you can to get the assignments done before the deadline you two have set. So, there is a money factor to keep you accountable as well. Since you want to quickly move forward, this option is a very effective for staying accountable with your SMART goals.

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The Bottom Line

Next time, set your goal using “SMARTA,” instead. Add that letter “A” to the SMART goal setting technique:

Specific, Measurable, Achievable, Realistic, Time-framed, Accountable.

The accountability factor of reaching your goals may be just the thing you need to make them a reality.

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Featured photo credit: Estée Janssens via unsplash.com

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