Article
by Helmut G. Flasch,
CEO Flasch Business Expansion
Why
is that? Is this headline true in the first place?
After all one has heard for eons that hard work will
eventually pay off! One also has heard that being
educated is the only way to get ahead in life.
Sure,
and all true, but the hard-working people and the
well-educated people who make it, have a few other
trademarks which to most seem to be getting unnoticed.
Most of the hard-working well-educated individual,
really do not make it to their adjusted goals, never
mind their original goals when they were young and
when they thought they would be rich and happy!
98%
of people rely on social security - do you think they
were all lazy and dumb? I don't think so!!
Be
honest, how many well-educated people acknowledged
as 'smart' at least according to their diploma, do
you personally know who are really not doing quite
as well in life as their education might suggest?
I
am at this point and in this issue only talking about
the financial success. I am not talking about relationships
and the difficulty of raising children.
Yet, those important parts of anybody's life are needed
to be happy, of course. Also success of being happy
based on own hard work and definitely on a base of
knowledge. Oh yeah - one actually can learn (better
yet must learn) how to handle relationships and marriage,
and raising children and so on.
But
for the sake of not making this issue a book or even
a volume of books I am only talking about financial
success.
Actually,
if you really think about it - I have already stated
the whole problem of why some hard working and some
well-educated people do not reach their sky-high goals
and often not even their lowered goals.
They
are neglecting to get educated, work hard in enough
different areas of their business activities
and activities of life fuel as many raising children,
staying energetic, not overweight etc.
It
is definitely misdemeanor to say that personal life
and business life and family life are separate things.
Leave
your family life at home when at work and don't bring
your work home is the standing order.
Well
it does have some workability but only some.
Life
is life and any deficiencies in any area will keep
you down in the other areas of life no mater how hard
you work on that other area.
Let's
say you own a business, a practice of some sort because
you happen to be a doctor of some kind.
Doctors
have a great education and we at Doctor Relations,
Inc., and the observant patient who gets treatment
at odd hours, all know that the doctor also works
hard.
So,
why are so many doctors considering themselves (despite
the general and out-dated belief of the public) not
even close as financially successful as they set out
to be when enrolling in medical school?
Because
they are greedy and have no shame on how much they
want to make and thus only consider themselves poor
but they are rich? No not really. The doctors I know
have actually quite moderate goals, which always include
doing a good job for patients, thus the hard work!!
They don't mind the hard work but someone, as educated
and hard working should get some financial reward
also, so they think.
Doctors
by the way are not the only educated people suffering
from this unexplained but often well-justified phenomena
(well-justified by themselves so they can bear this
phenomena better) of "not quite doing as well
as we should". I am only using doctors as an
example here since I work with many doctors and since
they serve as well as any other profession as an example
of hard working, well-educated, also as a tremendous
value to society and yet on an average being under-compensated
for their efforts.
So
let's get to the basic of why hard working and successful
people to not necessarily reap the benefits of such
valuable commodities.
Sure,
all the above do influence your success in the negative
even though all of them except your immediate competition
will be thoroughly offended by such a statement. Government,
Merchants, Insurance - they after all are here to
help. Yeah Right!! Some of them some times do but
It
is not the governments or other groups of specific
interests, such as labor unions, medical associations,
crooks, or the competition whether the competition
is considered unfair or not.
Sure,
all the above do influence your success in the negative
even though all of them except your immediate competition
will be thoroughly offended by such a statement. Government,
Merchants, Insurance - they after all are here to
help. Yeah Right!! Some of them sometime do but
Be
it as it might, YOU have a harder time than you like
to have in terms of succeeding in the financial world.
This
outside sources I mentioned above, are there, but
the problem is that you cannot handle them.
Uh, you say of course not - they are big as one of
them never mind, or complained!!
The
world has changed and there are many things, which
one cannot control. Times have changed thus
Victim, victim, victim!
Yes
times have changed and you have not!
You did not adjust to the situation. Well actually
the correct thing to say is, you did adjust to the
situation - you are "perfectly satisfied that
this is how it is and that times changed and that
you will have less than you set out to have some 20
years ago." You adjusted TO the situation
- you didn't adjust the situation.
Hmm
- great adjustment, just not the one I am talking
about.
I
am talking about adjusting the skills needed to handle
the "changing times"
Once
you have the skills to handle the environment and
the changing times then you will not have to adjust
yourself to the new times but you will adjust the
times, situations, and the environment to yourself
instead!
Oh
Gee you say, after having studied for years and with
great expenses and after a 10-hour day I should learn
other skills? Are you crazy? Yes, you say, that is
the problem; I have not enough time to do every thing,
which needs to be done to make enough money.
Helmut,
you say, you are giving me a solution, which cannot
be executed, and thus it is no solution at all.
Cool
down, education and hard work had some value to you
at one time; after all you did embark on it. Right?
Right!
So,
education and hard work still do have the same value,
you just did not get a balanced enough education and
thus are digging ditches very hard but you are not
getting the frills of it.
Working
smart simply means to work on ALL the important areas
simultaneously or in the order of their importance.
For
example if the best cook in the world would cook for
Thanksgiving dinner and would do the following:
Start
all the vegetables, the sweet potato, the corn, the
marshmallow yam, and cranberry sauce, the mashed potatoes,
and so on.
But
only after he did all of those side dishes, around
4pm or 5 pm, will he put the perfectly seasoned turkey
in the oven?
What would happen?
Knowing that a Turkey takes about five to seven hours
to cook you will realize that you would not only eat
quite late but the original wonderful tasting just
rightly crunchy vegetables and other dishes would
be - well: stale, overcooked, etc.
So,
the turkey has to start - first, while turkey cooks
all by itself, you have all the time to work on all
the other tasks to have an enjoyable meal and have
it on time.
Can
you see that?
Believe
me, many a housewife or many not so good restaurants
do have this problem. Don't they? I am sure you all
experienced a party of four in a restaurant and three
of you being served while the fourth one is still
waiting for the food. Disturbing at least an establishment,
which has non-professionals working in it, in the
sense that their employees altogether do not have
knowledge in enough areas even though they might be
extremely knowledgeable in some specialized areas.
It
takes more than just knowing how to season and cook
food right. It takes timing. It takes knowing what
effort it takes to do any given task!
Hell, it even takes knowing what food - what kind
of people might prefer on what time of the day or
season. The knowledge goes way beyond just cooking.
And I only described cooking - one event - I did not
describe the running of a practice with the entire
gargantuan task needed to make it all come out perfectly
at the end.
Many
well-educated and hard working professionals think
that what they know about the specific profession
should be enough.
If doctors find out in which areas of running a practice
they have missing or false data, then I guarantee
you that hard work will bring even better financial
rewards originally envisioned.
Working
smarter not harder only means rounding out your knowledge
base into the remaining areas of your life.
It
is a natural trap, epically with doctors who, after
all, are some of the world's best educated people,
to believe that their huge knowledge in one of the
most important area of everybody's live should be
enough to do well. It IS NOT - NOT BY A LONG SHOT!!!
Maybe it once was - but not anymore.
If
you really look at it, it is like that in all areas
of life.
One can hardly expect to have a healthy body by only
taking care of the heart and completely or almost
completely ignore once stomach.
Can one? Can one methodology such as medicine really
keep a person healthy and active, happy and living
long? I do not think so and you will agree that one
must have some knowledge about exercise, which foods
to eat, how to eliminate stresses in live, how to
have fun in life how to handle finances etc., and
how to keep a family together
Whether
you are a doctor or not, I am sure you agree quite
heavily with me on that. Right? Right!
Thus
a businessperson or doctor in private practice or
any other hard working and the well-educated person
better learn a whole shit load of other stuff, especially
if he or she finds him/herself not getting to their
original goals as fast as they want to.
There
is no substitute for knowing once way around the whole
labyrinth of business. Business or management skills
include marketing, advertising, and public relations,
human resources knowledge, how and when to delegate
work are easily as important as being a good doctor.
In
fact something widely underestimated (missing knowledge)
is the time and effort it takes to create customers
or patients or clients.
Assumption
and hearsay and what one thinks it should take to
create patients, or what it did take, are used instead
of new fresh up-to-date knowledge or simply a good
look at what it actually does take. If patients are
not coming to you in the quantity you want whatever
you do is:
You doing it wrong or;
You underestimate the effort it takes and don't do
enough in your practice. And all the wishing and saying
what it should be will not get those new patients
in!
You are not supporting those actions with other marketing
activity.
Thus
you HAVE to increase your expertise in the marketing
and management area and then do what needs to be done!
After all the most money you will ever lose is by
not making money.
Bills
piling up, stress, not enough vacations, hard work
and the general feeling of things not being right
and life not being what it is cut out to be are the
ensuing phenomena of not having gone and not constantly
going that extra step of getting all the knowledge
needed to become financially successful with time
and strength to spare to enjoy such a financial success.
There
are other corners of knowledge one has to stick his
nose in such as how to hire and train employees, why
they leave and how to make such an unpleasant task
as looking for new employees a rather routine one.
When,
and how, and where are something will have
no choice but hiring more employees when one
has a hard time making payroll already.
Not
having enough knowledge to master such things usually
paralyzes any organization and makes them overworked
while at the same time underpaid. But as with our
chef who put the turkey in the oven after he had all
the other side dishes ready, if a business owner does
not start learning how to use any and all ways of
marketing one will have a try, somewhat stale, unpalatable
financial life. It does not matter how experienced
you are in perhaps the otherwise most important areas
of life!! It does not mater. Just look at all those
overworked underpaid doctors. It will matter less
and less and less every year from now on. The writing
is on the wall.
Even
somewhat knowing about the above example might still
put a bunch of business owners and doctors in private
practice in unbearable trouble and they might say
that this knowledge of marketing does not do the trick.
In
fact I know that quite a few of those business owners
and doctors in private practice will say that they
already do know about marketing and its importance,
but it did not work.
They probably are right, they do know about!!
But
you see there is a huge difference of knowing
about and knowing enough to actually use the
knowledge to one's advantage. Implementation or the
luck of implementation has everything to do with enough
knowledge on the subject or not enough knowledge
on the subject.
It
is very easy to say that one knows all about marketing
but that it is too expensive! Well, a real responsible
and alert person would observe that some business
owners or doctors seem to manage a satisfactory market
and thus would at once suspect a deficiency in their
own basic and fundamental marketing knowledge.
The
world is full with people who "know about"
but life stinks. Some of those will probably never
wake up. They will never be responsible enough to
really involve in learning enough about.
One must know there simply is no other way.
Now
that is it for this issue which turned out to be longer
than I expected, but I hope it will do some good to
your financial existence.
And
by the way do not assume that the areas of knowledge
I described, marketing in specific or the knowledge
of hiring and training employees are the only knowledge
one must acquire. Far from it but for the sake of
these issues this is what I mentioned. I also mentioned
it for the fact that in business and medical practices
with hard working and well-educated people, knowing
all about those areas would bring one of the fastest
improvements in their financial life.
It
would!! It always does.
So, go and get it. Start looking for this knowledge
in all places, take classes, associate yourself with
gurus and, yes do not mind paying money to those people.
We, the marketing people who are also teachers and
couches, need to be rewarded for our efforts just
as you do.
You too want to be paid for your services. Right?
Right, this is after all why you read this letter
in the first place - getting rewarded for your hard
work and for the effort you took in getting educated
so you can help people sty healthy.
Do
not be too worried whether the person you will hire
to get you the knowledge or the classes you will attend
will be the best in the world.
No
such thing anyhow. Just go and study, get people and
companies and books to help you. If you have an open
mind and realize that it is YOUR responsibility
to get something out of the teachings, then you will
find plenty of useful and workable stuff from any
and all of your gurus, teachers, books and consultants.
And just as in your field you will soon become so
knowledgeable that you will be able to judge for yourself,
what in any given situation will be the best. You
will more and more be able to evaluate a consultant,
marketing guru, etc.
Yes,
three cheers to knowledge, but you must first step
out there and get it - not just piece and pieces of
it but the whole damn body of it!!
Hey,
you baked the damn cake you might as well learn how
to put it on the plate so you can eat it too!!
Business
knowledge and marketing knowledge puts the money in
the pocket.
Helmut
G. Flasch
CEO Flasch Business Expansion