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The Company You Keep Matters to Your Bottom Line

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The Company You Keep Matters to Your Bottom Line

According to management guru Jim Rohn, “you are the average of the five people you spend most of your time with”.  I’d take it one step further and say that the company your keep impacts on the success of your business.

I was invited to work on a group project with other local entrepreneurs, the wonderful Bree James and Andrew Griffiths amongst them.  This has meant that I’ve spent a lot of time with these amazing people that I normally wouldn’t – sharing stories, learning, being challenged in my thinking.

Being a Small Business owner, work life can get be lonely so it was refreshing to spend time with people just like me.  Not only did they understand me and the challenges I was facing but their passions for their work reignited something with in me.  Just by spending time with these like minded successful people I began to change for the better.

Here’s what hanging out with inspiring successfully people can do for you:

1. Real life feedback

I need to know, truthfully how my choices will impact on my business. When you have friends that hold you to a higher standard they will give you real-life feedback based on what’s best for you and your business.

2. Hold you to account

Staying in the group means making sure that you do what you say you do.  When you start to falter or show a lack of commitment they wont want your influence to rub off on them.

3. Help you avoid having the problems they do

In my group, there are entrepreneurs that have just started out and some that have been in the game for 20 years.  We come from a wide range of industries. Every time we meet I learn something new, I can ask a question and get a trusted answer.

4. Connect you with others

As my new friends have got to know me better they are referring me to their clients and talking positively about my business to others.     I am doing the same for them – we are all driven to help each other succeed.

5. Bring out the best in both of you

As much as I benefit by tapping into the energy and enthusiasm of others, I bring a desire to help to others to be their best as well.

As a simple exercise write down the 5 people with whom you spend most of your time. Think about how they influence your thinking and your behaviours.  Does their influence take you and your business in the direction you want to head? Are they holding you to the high standard needed to be the best you can be? Do they allow and help you to grow and improve? And uncomfortably, are you negatively influencing someone else?

To become the best version of ourselves we all need people – friends, family, mentors, other business people who will challenge us and support our efforts.

It sounds tough and it is, if you have got people in your top 5 that are hindering your success then it’s time to spend more time with people that will raise your standards and make you stronger and better.

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  • Deb
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    Love this article Andrea and totally agree. That’s why I love being part of a group 🙂

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