Running Your Business Like a CEO: Tips & Strategies

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Discussion Overview

This thread explores the concept of running a personal business like a CEO, with participants sharing their thoughts on what that entails and how it impacts their approach to their work. Various personal experiences and reflections on business practices are discussed, highlighting the challenges and motivations faced by consultants.

Discussion Character

  • Exploratory
  • Opinion-based
  • Anecdotal

Main Points Raised

  • One participant, identifying as a consultant, reflects on the importance of thinking like a CEO to navigate the ups and downs of running a business.
  • Another participant shares their experience of realizing the need to treat their business seriously, noting that it can be empowering.
  • Several users mention the humorous dynamic of involving family members in their business, such as one participant's husband being the "CEO" during shows.
  • One participant expresses their goal of becoming an Executive Director and uses this aspiration as motivation to stay productive.
  • Another participant discusses the challenges of maintaining focus and motivation, especially during slow periods.
  • One participant emphasizes the benefits of treating their business like a professional endeavor, including consistency and strategic planning.
  • Another participant acknowledges the struggle of feeling productive while engaging in less impactful tasks.

Areas of Agreement / Disagreement

Views differ among participants regarding the challenges of maintaining motivation and focus in their businesses. Some express agreement on the importance of a CEO mindset, while others share personal struggles without a clear consensus on solutions.

Contextual Notes

Participants share a range of personal experiences and reflections, indicating that their journeys as consultants vary widely. The discussion highlights the emotional aspects of running a business and the different strategies individuals employ to stay motivated.

Who May Find This Useful

This discussion may be of interest to Pampered Chef consultants looking for relatable experiences and insights on maintaining motivation and treating their business with a professional mindset.

S
StephsKitchen
Messages
189
Ok, I was sitting on the couch, watching Desperate Housewives, and it occured to me... I need to run my business like a CEO. Yes, we are the CEO of our own business, and sometimes it takes a really strong person to get through the rough times!! Anyhow, what does it mean to run your business like a CEO? And being a Director, and the CEO.... what does that mean?

Anyhow, ask these questions to yourself, what does being a CEO mean to you? What actions would you take, or the lengths you would go to make your business run properly.

I said this out loud earlier, I need to run my business like I am the CEO, and it was so funny... my husband said, I am sorry, what did you say.. I was blinded by the light bulb going off above your head! And at first I actually thought he really meant the light from the ceiling fan. LOL!!

Anyhow, during the rough times, and good times... having our own business... really does mean running it like, and thinking like a CEO!!

Can't wait to hear your thoughts!!

I know we sometimes take hearing no, not right now, etc personally. And for me, when someone postpones, it hurts my checkbook, which effects my bills -and effects me. I am hoping with this new thinking... that I can just continue to move forward and not take the no's so personally. With any sales business, whether you are an acct executive or what your title may be.... it means making more calls, more customer care, follow ups, etc. Which we don't like, but that is exactly what acct exec's do or have to do. So, time to start thinking differently. We have something awesome in the palm of our hands.... and sometimes we just have to work a little harder for it!

Please feel free to remind me of this thinking if I get off track again. And... I plan to make a posting in my office, and other rooms in BIG letters that reminds me of this!

I hope that this helps you guys! I wanted to post it right away!!!

Stephanie
 
I feel the same way: this is a business...though a more enjoyable one than most!
 
It is empowering to finally realize that it is a business. I think that is why sometimes we struggle. Steph, I think your revelation will totally change your business...Keep at it!
 
I tell people at my shows I've been in business 14 years, I love owning my own business but on shows nights my husband is the CEO........... he's the CARRY EVERYTHING OUTTER
it always makes them laugh and makes my intro to why I'm there easier
 
My goal is to be an Executive Director. So every day I sit at my desk and say to myself, "What would an ED be doing today?" It's a great reminder to get off my butt and work when I don't feel like it!!!!!
 
  • Thread starter
  • #6
That is also another great way of thinking about it!! I am hoping things turn arround soon for our businesses. I am going to a women's business luncheon today.. I hope that also stirs up some business or referrals!

Stephanie
 
Thank you for the reminder that thinking of PC as a business, with each of us as CEO, helps us to be successful.

IMO, treating this as a business helps me with the following:
- Consistency
- Strategy (setting goals and working towards them)
- Leadership of ourselves, our hosts, and our recruits
- Investing profits wisely

One great thing about this business is that we have no one to answer to but ourselves - we drive our own destiny.
 
  • Thread starter
  • #8
I think sometimes when things are going well, at least for me.. I begin to lose focus on things. It's a new week, and we are allowed to make new beginnings! Isn't that the cool thing!

Stephanie
 
Thanks Stephanie for the reminder.
 
StephsKitchen said:
Ok, I was sitting on the couch, watching Desperate Housewives, and it occured to me... I need to run my business like a CEO.

you are so right, but as I was watching Desperate Housewives, I was thinking what a pycho little brat that Kayla is.
Maybe I should be thinking more about my business and less about the lives of people on Wisteria Lane :) I need motivation quick because I am just ready to give up.
Click to expand...
 
  • Thread starter
  • #11
:sing: Now that is funny! We both had the same thought while doing the same thing! How ironic!!!

Yep, today I working differetnly. Maybe I have just scaled back to working on my business so much! I know since having this lap top I got for xmas from my hubby that I haven't been in my office as much as I use to be.

Work it like a CEO, or like an Exec Director would!!!

Steph

ps. here is to success!
 
Maybe she should have been sent to a pschyward and not to her grandparents!!! That poor little girl is not right!!! :(

DH got me a laptop for my b-day so I am never in my office anymore and I should be. I have 2 kids and I spend most of my time in the playroom with my laptop and on this website :) I am going to make some more calls today when my kids take a nap. I am so determined to be a success but am so frustrated with not getting any bookings. People tell me what a great party I do and how much fun I have, yet they don't want to have one. I am trying to be patient and hope things will pick up soon :) Good luck to you and cheers to us!!!
 
  • Thread starter
  • #13
I agree. the child has problems!!! And sometimes we think that we have problems with our kids! What she has done makes my kids look like angels! LOL!!

Stephanie
 
Teresa Lynn said:
I tell people at my shows I've been in business 14 years, I love owning my own business but on shows nights my husband is the CEO........... he's the CARRY EVERYTHING OUTTER it always makes them laugh and makes my intro to why I'm there easier
Click to expand...

This is too funny. The same title applies to my DH. :)
 
Steph,
Thanks for the revelation. I needed see this. I "feel" like I work my business all day, but like my husband said "a CEO doesn't count paper clips all day now do they?"
I then realized what I call "working my business" is actually petty crap like filing and making flyers and looking at stuff. Not actually doing what needs to be done to make my business a success.
Thanks for the kick in the pants:D
 
StephsKitchen said:
Ok, I was sitting on the couch, watching Desperate Housewives, and it occured to me... I need to run my business like a CEO. Yes, we are the CEO of our own business, and sometimes it takes a really strong person to get through the rough times!! Anyhow, what does it mean to run your business like a CEO? And being a Director, and the CEO.... what does that mean?

Anyhow, ask these questions to yourself, what does being a CEO mean to you? What actions would you take, or the lengths you would go to make your business run properly.

I said this out loud earlier, I need to run my business like I am the CEO, and it was so funny... my husband said, I am sorry, what did you say.. I was blinded by the light bulb going off above your head! And at first I actually thought he really meant the light from the ceiling fan. LOL!!

Anyhow, during the rough times, and good times... having our own business... really does mean running it like, and thinking like a CEO!!

Can't wait to hear your thoughts!!

I know we sometimes take hearing no, not right now, etc personally. And for me, when someone postpones, it hurts my checkbook, which effects my bills -and effects me. I am hoping with this new thinking... that I can just continue to move forward and not take the no's so personally. With any sales business, whether you are an acct executive or what your title may be.... it means making more calls, more customer care, follow ups, etc. Which we don't like, but that is exactly what acct exec's do or have to do. So, time to start thinking differently. We have something awesome in the palm of our hands.... and sometimes we just have to work a little harder for it!

Please feel free to remind me of this thinking if I get off track again. And... I plan to make a posting in my office, and other rooms in BIG letters that reminds me of this!

I hope that this helps you guys! I wanted to post it right away!!!

Stephanie
Click to expand...
Great revelation, Stephanie!
I recently had this revelation too! Sometimes it's hard but I just need to keep on keepin on!
 

Frequently Asked Questions

What does it mean to run my Pampered Chef business like a CEO?

Running your Pampered Chef business like a CEO means treating your direct sales venture with the same level of professionalism and strategic planning as a corporate leader would. This includes setting clear goals, developing a business plan, managing finances, and making informed decisions to drive growth and success.

How can I set effective goals for my Pampered Chef business?

To set effective goals, use the SMART criteria: Specific, Measurable, Achievable, Relevant, and Time-bound. Break down your long-term goals into smaller, actionable steps, and regularly review and adjust them based on your progress and changing circumstances.

What financial strategies should I implement for my direct sales business?

Implementing sound financial strategies includes creating a budget, tracking expenses and income, and setting aside funds for taxes. Consider investing in tools or software that can help you manage your finances efficiently, and regularly analyze your financial performance to identify areas for improvement.

How can I effectively manage my time as a Pampered Chef consultant?

Effective time management involves prioritizing tasks, setting a schedule, and using tools like calendars or task management apps. Allocate specific time blocks for different activities such as hosting parties, marketing, and administrative tasks, and try to minimize distractions during these periods to maximize productivity.

What marketing strategies can I use to grow my Pampered Chef business?

To grow your business, leverage a mix of online and offline marketing strategies. Utilize social media to showcase products, share recipes, and engage with customers. Host cooking demonstrations, attend local events, and build an email list to keep your audience informed about promotions and new products. Networking with other consultants can also provide valuable insights and collaboration opportunities.

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