It's lonely running a company and even Marcus Lemonis could use some advice on his struggling RV empire. As a business owner how do you get consistently good advice?
- Join Vistage. I have been a member for several years and it has been a valuable resource for getting executive coaching and candid feedback from my peers. As my team can testify: I was not a great CEO out of the gate in 2013. You get better through peer feedback, coaching, and working at your blind spots.
- Read more from other business owners. You get to see your challenges are not unique. I just finished David Nasaw’s book on Andrew Carnegie. Other useful books: Ray Dailo’s Principles, High Output Management, Danny Meyer’s Setting the Table, and Scaling Up.
- Build a peer Network. The fun part of speaking at events, teaching classes, and being active in my local communities is that I get to meet a ton of amazing fellow business owners. It takes effort to keep in touch but it's worth it when you need a second set of eyes on the new serverless architecture your team is recommending.
- Test the Advice. There is a never ending chorus of what you should be doing. I live in a world where Google made 3,200 changes to their algorithm last year. My knowledge gets dated quickly. All I can do is test more than my competition. Make this a habit. Some may find it exhausting but I find it to be a reason to jump out of bed each day and help clients grow.