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Top of Mind: April 24, 2014
April 29th, 2014
by Bill Boyajian

Do You Have a Plan?

Business plan, master plan, retirement plan, life plan. There are many plans to make, and frankly, we seldom make them.

If you’re like most of us, you have a hard time putting things in writing. To be honest, we seldom even take the time to think about life’s most important questions. And when we do, we tend to give it about as much attention as a throw-away project around the house.

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Planning is crucial to your business and your life. We fail to do it because it’s hard work. It makes us think. It forces us to contemplate the “what if’s.” It creates a degree of tension we would prefer to avoid.

I encourage you to take whatever time is necessary to think and to plan what is important in your life. This could be the most valuable thing you do this year.

Facing a Difficult Decision or Crisis?

Sometimes we try to over-analyze things, but more often we come up short on having the necessary information to make a good decision. What happens then?

We tend to error on the side of extreme caution, or worse yet, find ourselves in a state of paralysis, where we freeze up and do nothing.

Truth is, sometimes the best decisions occur when you slow the process of decision-making down, or even bring it to a halt. Sometimes the best outcome is when no deal gets done. But that’s no excuse for not moving toward a decision that resolves a conflict, solves a problem, or remedies a situation that is out of control.

So next time you find yourself in a position where an important action seems eminent, take the time necessary to get all the information you need to make a thoughtful, well-reasoned decision. You’ll be glad you did, and so will those around you who are affected by your decision.

 

Here are a few Business & Life Tips to think about…..

Business Tips:

  • Where there is no vision, there is no hope. Vision motivates us to do great things. Ask yourself this simple question: do I have vision?.
  • Business leadership begins with personal leadership. Without the personal attributes, you will struggle in business.
  • As the lines between your work and play become blurred, your love for life hits new levels because work is play and play is work.

Life Tips:

  • Focus on what you can do for others, not on what you can get from them. Blessings will come back to you in ways you least expect.
  • They say golf is 90% mental and the rest is in your head. Well, life is 90% attitude and the rest is pretty much there, too.
  • If you want to enjoy marriage or a partnership, try meeting the person right where he/she is. i.e. Don’t try to fix them first.


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“I needed help orchestrating a succession plan for our business. I had heard that Bill Boyajian specialized in assisting owners to transition their business to the next generation. He knows how to bridge the generation gap and deliver what each needs to hear. I would recommend Bill to any business owner who needs advice on succession planning from a trusted outside professional.”

–Charles Denaburg,
Managing Partner,
Levy’s Fine Jewelry
Birmingham, AL

"Our family needed some guidance on business transition and succession planning. We asked Bill Boyajian to help us because we knew we could trust him to tell us what we needed to hear. Bill became a valuable resource for our company and our entire family. He has the ability to meet each of us where we’re at and it has served us very well."

–Ceylon Leitzel
Leitzel Fine Jewelry
Hershey & Myerstown, PA

“We needed a plan to transition our business to a non-family member and we asked Bill Boyajian to help us. His experience in the area has really paid off, but we didn’t expect the added value of putting us together with a financial planner who helped organize our retirement needs. We now have the fundamentals to transition our business successfully, and we have Bill to thank for it.”

–Ernie & Debbie Cummings
Kizer-Cummings Jewelers
Lawrence, KS