Is your life a business or a practice

In recent times it has been interesting to watch how people treat themselves and their lives. In my view, many of the most successful people/entrepreneurs today have achieved success by treating their lives as a business.

It may sound cold, but it isn’t – it is simply applying a business approach and methodology to achieving the life you want to live.

At everyday workplaces and businesses, there are many who have a great understanding of business drivers. They understand profit and loss, balance sheets, cashflow, value propositions, key performance indicators (KPIs), goal setting etc.

Great valuable tools! And the start of what I believe is a new paradigm shift.

So, can business principles and tools be used in our personal lives?

Those that treat their lives as a business generate a great deal more success; personally, professionally and financially.

What about KPI’s - Key Performance Indicators?

Can paying off a mortgage by a certain date be set as a Key Performance Indicator?

Can scheduling specific time with our partners, children, friends, be a Key Performance Indicator?

By doing this and becoming the “managing director” of our lives, we are delivering more value to the community and therefore are more valuable to an employer or in our own business.

Those of us, who are parents, often, treat our children’s lives as a business without ever realising it. We make an investment in their lives (i.e. education, health) with the view there will be a return on investment – they will have good jobs or businesses and they will be healthy happy young people.

Ever heard the phrase – “wanting to ensure your child has more opportunity than you did.”

The business of parenting is about making decisions that will directly or indirectly affect the future of your child. This is the same principle as running a store or doctor’s surgery or any other business. The most successful of these are the ones where business decisions have been made focusing on the question; will this directly or indirectly make my business better than it is today?

So how do you treat your life as a business? 

1. You treat yourself as Number One. It’s all about you.


2. Decide what you want to achieve in life.


3. Separate what is important from what is merely a distraction.


4. Plan your achievements – when, where, how. 

 Watch your level of growth and contribution rise to new heights!

 Want to learn more?

 Look out for the launch of our new program “Your Life is Your Business” planned for July, 2010.

 Email enquiry@philipwagner.com.au  to register your interest.

 

To your ongoing investment in yourself….and your success!

Phil