How To Create Dynamic Growth For The Long Haul

Bill Prater Interview on July 22, 2017

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Bill Prater, business owner, entrepreneur, publisher, author, speaker, consultant, and coach. He is best known for long-term success enabling business owners and leaders to quickly eliminate personal barriers, rapidly reach their current dreams, and to embark on a journey of business mastery.

What you’ll learn about in this episode:

  • How to be a leader by being the Chief Dreamer
  • Bill’s path from technology at IBM, to finance, and finally to top-flight business consulting
  • The #1 thing all business schools do not teach their students
  • How hundreds of businesses have benefitted from Bill’s knowledge and strategies
  • The 3 things that separate the best from the rest in the business world
  • How to navigate the 7 phases of dynamic growth
  • What every elite company shares
  • Why you need to dream outrageously to lead charismatically
  • One simple daily practice to achieve your vision and live your mission

Absolute Advantage Podcast

Hosted By Kelly Hatfield

The Absolute Advantage Podcast is about learning from some of the world’s most successful entrepreneurs, leaders, and achievers at the top of their game. When chasing your dreams, a lot of times there isn’t a need to reinvent the wheel. Instead, shorten your path to success by learning from the stories, strategies and concepts shared by our guests. Then shorten it even further by learning about amazing resources (books, webinars, tools, software, events, coaching, etc.) that should be on your radar. You are not alone in the challenges you face! It’s my mission to help you walk away with at least one idea you can apply each episode and to offer content that inspires, encourages and helps you grow and progress QUICKLY both professionally and personally.

What’s Stopping You From Getting Better Results Every Single Time?

How to maximize the performance of your team over the long term

The most recent quarter just ended and every publicly traded company in the world is scrambling to post stellar quarterly results. Why? Simply because the better the quarterly results as compared to the analyst’s projections the more likely your stock price is to increase. That’s not at all the case if you own a private company. Quarter to quarter results don’t matter very much. Even annual results don’t matter very much. You’re in it for the long haul. And, the way you measure better results as net positive cash flow and, if possible, less effort on your part.

A cornerstone of my work at Business Mastery revolves around the concept of Execution. This is the fine art of getting the right things done on a consistent basis. Essentially, the concept is converting your vision and your strategy to positive and consistent cash flow. This is a very important concept to internalize and it’s vital in these very tumultuous times.

I was reminded of this while reading a fine book by Stephen R. Covey and his colleague Bob Whitman called Predictable Results in Unpredictable Times. One of the key points they make is to “Execute Priorities with Excellence” and they continue to list how to do so.

You Can’t Manage Wrong And Get The Right Results

In order to do this properly we need to both measure performance and take the appropriate action.

One of the most important things each of us can do as managers is to maintain a high level of consistency. Do it right and you will get the right results—the ones you need. And, one of the most important things we do as managers is doing the right thing for every level of performance we get from our employees.

Right Results

Here is a top-level view.

In order to do this properly, we need to measure performance and take the appropriate action.

7 Secrets Steps Proven To Grow Your Business At Warp Speed

How to quickly dominate your market

We have just released our FREE Fast Start Program.

You will learn everything you want to know about creating a new growth trajectory for your business in just 7 short days.

Wall Street Bull

Over a one week period you will discover the seven steps of the Dynamic Growth Formula™.

The DGF, when executed in order, has been proven to be consistently successful in dramatically increasing sales, profits and business value.

This is the same formula I have used for years for my high-end coaching clients. You will find out everything they have learned and will be able to take the first steps to rapidly grow your business right away.

Don’t delay, take action now, and enroll in the FREE Fast Start Program. It could be the best business decision you have ever made.

How to Manifest a Miracle with Goal Setting

Setting and achieving goal after goal

If you’re looking for miracles to happen in your life, you’ll need to get your intensions squared away and set high quality goals first. Next, take action that will get you closer to them.

Bruce Lee Quote

Click here for the video version of this post.

Many people are uncertain about what a really good goal is. Most often they tend to confuse wishes with goals. Many people are content to simply make a wish or two and then sit back and hope that things work out. According to Webster’s dictionary a goal is defined as, “a result towards which effort is directed” while a wish is something that’s “wanted, desired and longed for.”

If all you’re looking for are definitions, you’ve gotten what you are looking for.

Law Of Attraction Secrets You Wish You Knew One Year Ago

You get real results from real action not from only wishing for it

I believe in dreaming. It is a very valuable thing to do. In fact, I also believe in manifesting what you want. But, alas, there are some shortcomings with only doing this.

Whatever the mind can concieve and believe, it can achieve

All results come from action.

Dreaming and manifesting alone will not do it. The Law of Attraction without Action will not produce the result you want.

I know, it’s disappointing, but it is true.

Learn How to Create and Achieve Your Goals

How to develop a goal orientation that will create consistent and predicable results

Few people would ever think of taking a trip without a plan. Some of us have a navigation system in our cars or a hand-held one we can carry around. There are many manufacturers of these devices. Let’s call the one we own Gloria—mine has a feminine voice. If yours is male, you might not want to use the name Gloria so pick another.

Navigation System

Let’s think for a moment about how these machines all work.

First, they contain or can access a map of the territory. Most of their maps cover a very large area. For example, all of USA and Canada. But, the map is not the territory it’s only a representation of reality.

Proven Management System Techniques That Work

How using a repeatable method always beats an ad hoc approach

Few people would ever think of taking a trip without a plan. Some of us have a navigation system in our cars or a hand-held one we can carry around. There are many manufacturers of these devices and are pretty inexpensive. Let’s call the one we own Gloria—mine has a feminine voice. If yours is male, you might not want to use the name Gloria so pick another.

Let’s think for a moment about how these machines all work.

First, they contain or can access a map of the territory. Most of their maps cover a very large area. For example, all of the USA and Canada. But, the map is not the territory it’s only a representation of reality. More on that distinction in a bit.

What’s nice about that is you have access to the entire map any time, but do not have to worry about it all. Instead you focus on the road between your current location and your destination. You can use the same technique with a paper map.

Second, you determine where you want to go—your destination or goal.

You need not worry about how to get there.

Simply type in the destination—some of them are easier to operate then others for sure, but you get the point. After that, some machines ask if you would like a quick, short, scenic or freeway only sort of a journey. Once you have decided the best route you are set to go.

Third, start driving. No need to worry about what direction you go! Sally will keep you on track.

Think about it. If you take a left when you should go right, Sally will tell you to, “Please take a U-turn if possible”. Sally never scolds just provides suggested corrective action.

You don’t have to do it, but if you don’t she’ll provide another suggestion, “Take the next available left and then the next left after that”. And, so it goes until you hear, “You have arrived at your destination”.

a system always beats a random approach

How To Achieve Your Goals In 3 Simple Steps

Simply say "Yes I will" and mean it.

There are three principal criteria that need to be adhered to in every goal you set. But first, as a word of caution, most people don’t really set goals at all. Instead, they only have a vague notion of what they are trying to do. Many have been seduced to believe the Law of Attraction will somehow hand them what they are dreaming about.

Actually the Law of Attraction is a powerful force (a law actually) and does work all of the time. The problem is most people don’t know how to apply it.

Commit Totally

Here are some time tested techniques that have been proven to work all of the time.

How To Cope With Hard Times

It is interesting that almost no one notices shortcoming, defects and issues in their business when times are good. It seems to take a business downturn to make an entrepreneur take notice and to do something about things when times get a little hard.

Don't Just Stand There

A dear friend of mine sent a poem to me the other day—I’ll get to it in a moment because it is very pertinent to the theme of this article—stay tuned.

The poem reminded me that the situations we are now living in are troublesome to say the least. It is the time for us to begin to observe what’s up. The business as well as the overall political circumstances you, me and absolutely everyone we know is pretty overwhelming and, more often than not, quite challenging.

We’d all well advised to assess if and how we specifically are being affected or involved.