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Idea to Action

 - a newsletter for people who want to design the lives and  small business they really want

Issue 42

01 September 2011

Greetings!  

 

Hi,

 

It is difficult to watch a loved one make a mess of their life and not do something about it. Yet that 'doing something' can lead to a vicious cycle of rescuing. This does not allow the loved one to take lessons from their 'mistakes'. Sometimes loving someone means stepping back and letting them fall.

 

Regards,

 

Jaki

 

Jaki,

Lifecoach. Business coach. Speaker.

 

To reserve your copy of  

From Idea to Action: ™The Power of Thought 

A workbook for people who want to take charge of their imagination

and give purpose to their ideas. click here.

 

 

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IN THIS ISSUE
ARE YOU SETTING YOUR CHILDREN UP?
INSURE YOUR SMALL BUSINESS
CALENDAR OF EVENTS
COACHING Q&A

How to Learn? From mistakes

  
      
 How to learn? From mistakes
How to learn? From mistakes

ARE YOU SETTING YOUR CHILDREN UP?

 

IDEA TO ACTION QUOTE:  Two gifts for children - give them roots  and give them wings - unknown. 

 

Parents with childrenYou buy a child a toy, and when they struggle to get it working you take over and do it for them. You do your child's homework because it is easier than watching them struggle. You move your teenager from one school to another when the school administration insists that they follow the rules. You bail out your son or daughter (in the extended sense) every time they get into trouble, because you can. You treat younger siblings like children, taking care of their every need, no matter how old they are.

 

You are a rescuer. Not in the sense of saving from danger, but in the sense of not allowing others to take responsibility for their actions, or to learn.

 

You do it because you love them, and you don't want them to get hurt? That's what you say. Yet you are really doing it because you prefer to have the power to say 'look how you are paying me back after all I have done for you'.

 

The thing is, if people do not experience the consequences of their behaviour, how will they learn from it?

And how can you guarantee that you will always be there to bail them out? Is it fair to 'not teach' a child how to deal with failure? Or how do stuff for themselves? How is that love?

 

Stories abound of children who are completely lost when their parents are no more, because they were taught that Mum and Dad have all the answers, all the resources. How can that be?

 

Are you setting your children up, or bringing them up?

INSURE YOUR BUSINESS

 

Idea to Action quote:  Sometimes its not what you  say, but how you say it...-unknown. 

 

   You are covered

I know people who argue that insurers make 'huge' amounts of money out of 'fools' who pay out premiums and never make any claims.

 

And I know people who have lost everything due to fire, theft, fraud, and had to start completely from scratch, when they might have got an insurance pay out.

 

As you consider these two extremes, here are some Do's and Don'ts on insuring your small business taken from www.myownbusiness.org

 

 

 

 

Don't

  1. Consider self-insuring any part of your worker's compensation risk.
  2. Fail to recognize regular employees as employees and not contract workers.
  3. Overlook ongoing employee training on maintaining workplace safety.
  4. Feel that you can't afford insurance. You can't afford not to have it.
  5. Deal with contractors who cannot furnish insurance certificates.
  6. Permit your insurance policies to lapse for non-payment of premiums.
  7. Deal with insurance providers with substandard ratings.
  8. Withhold information from your insurance provider.
  9. Go "uncovered" (uninsured) in any category of insurable and significant risk.
  10. Overlook flood or earthquake insurance if in an area of high risk.

Do

  1. Bring an insurance agent into your start-up process and have policies in place.
  2. Consider using an insurance agent who can handle all of your insurance requirements.
  3. Include excess liability "Commercial Umbrella" coverage for your business.
  4. Use a broad form of business property insurance.
  5. Consider a health insurance policy to recruit and keep good employees.
  6. If you have employees, consider carrying employment practices liability coverage.
  7. Maintain a clean and safe environment in your workplace.
  8. Include your tenant improvements in your property insurance policy.
  9. Increase all your insurance coverage appropriately as your business grows.
  10. Consider maintaining a buy-sell agreement with your partners, funded by life insurance, in the event of the death of a partner, if you have one.

 

CALENDAR OF EVENTS

 

   Auditorium  

  

 

1 October:Idea to Action Values Workshop

 

Charges: 2650/= Including tea and workshop materials

Place: 1st Floor Luther Plaza

Time: 09.30 - 12.30

 

Register here 

 

 

 

To reserve your copy of  

 

From Idea to Action: ™The Power of Thought 

A workbook for people who want to take charge of their imagination

and give purpose to their ideas. click here 

 

COACHING Q&A

Q&A 

  

Q: How do I know that my ideas wont be exploited by the coach? 

 

Professional coaches subscribe to a code of ethics such as described by the International Coach Federation. One of the rules is that coaches will not seek to benefit from or exploit information shared by clients. Coaches who subscribe to the ICF profess not to 'knowingly take any personal, professional, or monetary advantage or benefit of the coach-client relationship, except by a form of compensation as agreed in the agreement or contract.' Coaches are also bound by confidentiality rules.

 

Ask your question here