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We read lots of business books. Frankly, most of them are about as
interesting as your mom's leftovers at Thanksgiving. It's the same old
turkey no matter how hard you try to recycle it.
Occasionally, though, we stumble across a few gems - "big ideas" that can
really make a difference for your health and wellness business. Some
are incredibly big-picture and strategic - and others can help you get
through your day with less stress and more accomplishment.
Want to add yours to the list?
E-mail us your "big ideas" &/or book suggestions and we'll collect them
for an updated version.
1) Mind like water.
Martial arts practitioners have given us the concept of a
"mind like water" - a mind that's perfectly ready for whatever happens next.
David Allen is a personal productivity expert who understands how hard this
state is to achieve for business leaders who constantly juggle the
incredibly important and the incredibly trivial - often before lunch.
We all feel as if our heads are so full of to-do items and ideas that we
can't hear ourselves think sometimes, right?
Allen's developed techniques for clearing your head of all
the zillions of endless to-do items that chase around in our heads, plaguing
almost all of us. His ideas won't do the actual work for you, but they
will get you past the constant fear that you're dropping balls left and
right, thus freeing your mind for productive activity.
He also has specific approaches that we've personally
found invaluable for managing your time when your priorities constantly
shift throughout the day based on incoming demands from customers, bosses,
coworkers, etc.
Find out more about his first book,
Getting Things Done: The Art of Stress-Free Productivity .
(His second book, Ready
for Anything: 52 Productivity Principles
is really only for folks who have read and absorbed the first one.)
2) Urgent & important.
For us, this is the big takeaway concept from the famous
7 Habits of Highly Effective People ,
by Stephen Covey.
The
Time Management Matrix

The basic idea is that it's easy to spend all your time
firefighting in Quadrants 1 (a furious customer) and 3 (doing work yourself
that you could and should have delegated). Dallying in Quadrant 4
(say, cleaning up your hard disk or taking an inordinate amount of time to
pick the colors in a new logo) is another productivity killer.
The unfortunate result is very little time spent in
Quadrant 2, doing important work that isn't urgent. Why unfortunately?
Because this work is often what gives your business a strong long-term
foundation - for example, planning how you can fully capitalize on a new
product or thinking about how you would handle the sudden departure of a key
employee.
Covey's also written a second book,
First Things First .
Worth checking out if "Seven Habits" really struck a chord with you.
3) Truth is good.
We've noticed over the years that many businesspeople will
spend more energy to dodge a painful truth than it would take to confront it
head-on. It's far better to acknowledge what's true, regardless of how
you feel about it, and then get on with the business of addressing it.
Just a few examples: not telling employees promptly
about bad news, avoiding admitting a mistake to a ticked-off client,
shifting a problem employee from one job to another, nodding up and down
when you know the general manager's plan is doomed to failure, being
unwilling to ask for help when you can tell you're in over your head.
No suggested reading on this one - just food for thought.
4) The ultimate question.
This idea is so powerful that we featured it in an article
last year, "The
Best Customer Loyalty Metric For Wellness Businesses." It's still
top of the list nine months later.
Fred Reichheld, a customer loyalty expert and author of The
Ultimate Question: Driving Good Profits
has boiled down years of thinking about how to measure customer loyalty into
this single, crucial question. He also explores "good profits" and
"bad profits", often a concern for health and wellness businesses.
We suggest starting with The Ultimate Question, mostly
because it's got immediately useful ideas.
Then try his earlier book,
The Loyalty Effect: The Hidden Force... ,
which is more big-picture and provides great food for thought. He's
got some amazingly original insights into why customers are and aren't loyal
to businesses. For example, he points out that sales and marketing
costs are going up while customer service costs are going down in almost
every business.
Coincidence? Absolutely not. If we all collectively
spent half the effort to KEEP customers that we do to get them in the first
place, our businesses would be much healthier.
5) Don't make me think.
When you make your next Starbucks run, take this book with
you. Anyone who has a business website needs to immediately read Steve
Krug's
Don't Make Me Think: A Common Sense Approach to Web Usability .
He tells you how to design a website that's actually friendly and welcoming
to customers. This is not a technical book or a graphic design
book in any way, shape or form. Instead, it's a book about how to make
your website genuinely useful to your customers and therefore your business.
It's short, sweet, uses big print and funny cartoons, plus
TONS of examples, with the good and the bad spelled out in detail.
Many health and wellness websites provide potential
customers with a poor introduction to your business. We practically
guarantee you'll finish this book with a laundry list of ideas for improving
the usability of your site.
The first edition is still available at a higher price,
but we recommend the second for fresher examples and even clearer
explanations, plus two new sections.
6) Ageless marketing.
If you want to attract customers of all ages, focus on
their values, not their chronological age. That's the key message in
Ageless Marketing: Strategies for Reaching the Hearts and Minds... ,
by David Wolfe and Robert Snyder. Marketing based on age-related
stereotypes of potential customers often misses the mark and can even
alienate them.
If you read nothing else in this book, read pages 166 -
177 for the lists of different values held by those aged 45 to 61 and those
over 62, plus an explanation of how value-based marketing can simultaneously
work for someone who's, say, 45 and someone who's 65.
7) Triple bottom line.
The big idea here is that businesses should evaluate their
performance against three goals: people, planet, and profit. In other
words, it's not enough to make a financial profit. You also have to
consider the immediate and long-term community and environmental
consequences of your business activities and decisions.
This concept's not entirely academic - for example, the
Australian government provides guidelines for reporting on this "triple
bottom-line" of community impact, environmental impact and financial profit.
As an entrepreneur, it's easy to focus on nothing but the
day-to-day financial survival of your business. It's healthy to step
back now and then and think about the really big picture, though.
A good place to start doing just that is with "The
Triple Bottom Line: How Today's Best-Run Companies Are Achieving Economic,
Social and Environmental Success -- and How You Can Too ,
by Andrew Savitz and Karl Weber.
Want to add a favorite "big idea" to our list?
E-mail us and we'll collect them for an updated version. |