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You are here: Home Newsletter Top 100 Women Teach Lessons

Top 100 Women Teach Lessons

top100Fortune Magazine has released their list of the top 100 women in the US.  These are women who lead “for profit” companies.  Oprah is #6.  Anne Mulcahey, who brought Xerox back from the brink and moved them to the top of the heap in digital printing and business document services recently handed off her CEO position to another female.  The first such handoff in the history of the top 100.  A milestone.

You are an original.  An entrepreneur.  So you don’t want to make a XEROX of you.  Instead you’d like to make a better you and manage your energy and business for better results, with less fear.  To do so, heed the words of Anne Mulcahey as she talked today on CNBC about being conservatively optimistic about the future.  I took notes that I think convey important ideas for me and my business.  See what fits for you in the items below.  ”If the shoe fits, wear it!”

: Your Vision

There is uncertainty about the future.  So be conservative.  There is not enough world-wide positives to get bullish on the International expansion.  (However you, personally, can have a good year by standing out, and rising above the crowd.)

Keys to sustaining: (My comments in parentheses.)

Balance sheet strong.  (Your assets less your liabilities should be a positive number.  Beware debts! Increasing debts while asset values are not increasing is creating a negative net worth.)

Costs under control.  (Part of all you earn is yours to keep. Earning more than you spend and investing the difference in a safe place or a growing place should be a lifetime habit.)

Do not mortgage the future.  (Reduce debt, enjoy small luxuries like great coffee or thick towels and do so on your “staycation.”)

It’s important not to be scared.  Embrace the future.  Do not cut back on R and D.  (Research and Development to companies is like learning, coaching, reading, and  being willing to try new things in your business.  Work an hour a day ON THE BUSINESS, and improve the value of your time WORKING IN THE BUSINESS.)

Focus on your do-ability. (The market is tougher.  However you have tremendous power to DO!)

In summary, Anne was conservative, but focused.  Intense, yet real.

My hope for you, and for your family and team is that you can weather this storm or uncertainty and recovery by hunkering down, focusing your effort, being clear on what’s important, and calling your learning and your failures a part of your RESEARCH AND DEVELOPMENT!

You are a work in progress.  Get to work!

What’s NEXT?

Dave

www.davebeson.com

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