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The ONE Thing

160. Avoiding 3 Critical Mistakes of Business Growth | Abe Shreve

The ONE Thing

NOVA Media

Business, Careers, Entrepreneurship

4.81.1K Ratings

🗓️ 1 October 2018

⏱️ 66 minutes

🧾️ Download transcript

Summary

Why is it that the majority of businesses fail? We see this all the time with, whether it's our members or the people that we do trainings with at a corporate level. Everybody always has the best of intentions in their career. Yet, they don't realize the subtle simple mistakes that they are making. And if they had the right person on the frontline of their business with them, coaching them, and guiding them, they would be able to avoid making the mistakes that ultimately lead to burnout. For over a year, you have heard us talk about the possibility of introducing The ONE Thing Coaching, a one-on-one coaching program based on the principles of The ONE Thing. A lot of you sent us emails saying you’d love that opportunity, but we hadn't earned the right to bring this program to market because we were missing a person. We found that person, Abe Shreve, and we’re excited for you to meet him in this episode. Over the last five years, he has personally led over 9000 independent coaching calls. He has had conversations with business owners from across all industries. And he has a unique perspective on what mistakes you may be making that will lead to burnout and, ultimately, to the loss of your business. If you are interested in exploring what it looks like to have a coach who can be there and guide you based on the principles of The ONE Thing, go to The1Thing.com/training. You'll see an option for The ONE Thing Coaching, and you can submit your interest there. In this episode, you will learn... [05:53] Mistake #1: Not lining up the dominoes [11:08] Mistake #2: Not learning to succeed through others [38:31] Mistake #3: Not creating a culture where accountability is the lifeblood of how we work and interact with each other The ONE Thing to Implement From This Episode: If after this episode, you find yourself saying, "Wow, that seems like a lot,” remember that the path to getting everything you want starts by getting just ONE thing at a time. So what's the one thing you can do such that by doing it, everything else would be easier or unnecessary? Maybe you need to complete your GPS for the upcoming year. Maybe you need to go through and do a 411 with your team. Maybe you need to look at your hiring practices. Maybe you need to sit down with your team in front of a white board and really ask, "What is our culture in one single descriptive word? What does it come down to?" Whatever you choose, we hope that you are the type of person who actually takes action. And if you believe what Abe says, that a great place to start would be to get a coach, please go to The1Thing.com/training. You'll see an option there for ONE Thing coaching. AWESOME FREE RESOURCES FOR YOU! Get more support & accountability: Join the Living Your ONE Thing Community The Kick Ass Guide To Accountability Form your first power habit with your 66 Day Challenge Calendar Check out our awesome blog! Come join us at this year’s Couples Goal Setting Retreat! The ONE Thing Couples Goal Setting Retreat is more than an inspirational conference. It’s a 2-day workshop where you will discover a proven model for casting a vision for your life and establish 5-year and 1-year goals WITH the people that matter most to you. Whether you go with a significant other, a business partner, or team, discover how to achieve extraordinary results TOGETHER! Go to the1thing.com/event to learn more & sign up for The ONE Thing Couples Goal Setting Retreat (Nov. 17-18, 2018 in Austin, TX)! The ONE Thing is produced by Podcast Masters Mentioned in this episode: Factor 75 Head to FactorMeals.com/one50 and use code one50 to get 50% off. That’s code one50 at FactorMeals.com/one50 to get 50% off! Factor 75

Transcript

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0:00.0

This is the One Thing Podcast where we teach you the surprisingly simple truth behind extraordinary results.

0:08.0

My name is Jeff Woods. I'm the Vice President here at the one thing team.

0:14.0

When you think about building a business,

0:17.0

you likely want to do it because you've got really big goals for your life

0:21.0

and you want to make a big impact and create abundance for others.

0:24.6

And when you start that company or when you are a part of helping someone build a

0:29.1

business, you probably join because you thought you'd be successful.

0:35.0

So why is it that the majority of businesses fail?

0:39.0

That's going to be the purpose of today's conversation. We see this all the time with whether it's our

0:45.3

members or the people that we do trainings with at a corporate level. Everybody always

0:50.1

has the best of intentions in their career.

0:53.3

Yet they don't realize the subtle simple mistakes

0:57.8

that they are making, that if they had the right person

1:01.1

on the front line of their business with them, coaching them and

1:04.9

guiding them that ultimately lead to burnout. The person you're going to be

1:10.0

today is someone we're very excited to introduce you to. For over a year you have heard us talk

1:16.1

about the possibility of bringing out the one thing coaching, having a one-on-one coach based on the principles of the one thing.

1:25.7

And over that period of time, hundreds of you had emailed saying, yes, I would love to get a one-thing

1:31.7

coach when the time is right.

1:33.2

Yet behind the scenes, the reason that you haven't heard much from us is because

1:36.8

we hadn't earned the right to bring this program to market because we were

1:42.3

missing a person. We were missing someone who

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