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Friday, September 30, 2011

Taking Action and Planning Afterwards...


The two investors that I chose to write about in my blog are Patti Brotherton and Chuck Blakemen.  The reason that I chose the two to talk about is because they remind me of my wife and myself, respectively. 

Patti Brotherton, a prominent real estate agent, prides herself on writing down her goals for the future after each year that passes.  In that way, she set herself up for continued success and adding to that with the extra wisdom and experience that she has gained throughout the course of each progressive year.  My wife is a lot like that because she choses to write out her goals on getting things accomplished and goes after the smaller goals until they lead to and ultimately accomplish the bigger ones.

Day to day, my wife creates a list on the things that need to be done in order to run our household smoothly.  But along the way there are always, “hiccups” or “obstacles” that seem to deter her or myself from the path that she creates from making out plans.  She always goes by the motto, “Those fail to plan, plan to fail.”  Patti Brotherton and wife seem to be on the same wavelength when it comes to these kind of things stating, “In order to get going, you need to plan your day and get out of your chair and take action” (Brotherton, 2003).  The key idea for Brotherton is planning.

On he other hand, Chuck Blakeman reminds me of myself when it comes to handling business.  He believes in “stepping out” and handling your business goal and making things happen and become a reality.  The reason that I say this is because I operated like that when I shot first feature film and didn’t want anyone telling me what could or couldn’t do.

As a result, I got the feature film shot, but I learned a lot of hard lessons along the way.  I went in without a plan (with the exception of the script and shooting schedule), and got sidetracked on things I could control, and then there were the issues that I couldn’t control. 

With that being said, I noticed upon reviewing Chuck Blakeman’s website, I liked hi analogy of “pictures vs. films”.  Being a filmmaker I agree with his statement, but what really caught my attention is what he said, “is to see trends, not numbers.” (Blakemen, 2011) and those individuals would have to “look at the whole movie to get an idea of what they are saying” (Blakemen, 2011).   Meaning, don’t just look at certain parts, try to look at the whole picture and with that look at each element to make a sound decision when creating and executing your business plans.  The key idea is execution.

I agree with both Brotherton and Blakeman because they both have opposing, but mutual goals of getting things done when action is taken.  It’s just that they go about getting things done differently.  I believe that making a plan (allowing room for error) and taking action is the key to creating a successful business.

Lastly, the statement that Blakeman mentioned on his website made the most sense, “Watch the movies of your business to see how you’re doing and you’ll have the confidence to keep going…” (Blakeman, 2011).  Additionally, Chuck Blakeman made valid point stating, “It’s not that we shouldn’t plan, but that we should plan more after we’re already moving and less before we move” (Blakeman, 2010).  Chuck’s statement resonates with the both the philosophy of making plans and starting and running a business.  Taking action is the key.

References


Blakeman, C. (2010) www.mulliganspeakers.com.  Retrieved from: http://www.mulliganspeakers.com/pages/blakeman_topics.html

Brotherton, P. (2003) Realty Times, “The Number One Rule – Prospect!” Retrieved from: http://realtytimes.com/rtpages/20030117_prospect.htm

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