I came across a bit of shocking information to me the other day.  The information is in regards to the level of success that American small business's enjoy, or should I say don't enjoy.

On average of 100,000 small business, 95% fall short of gross sales of $1,000,000.00 per year.  Of the 5% that hit the $1,000,000.00 mark, only 1% of that 5% ever hit the $5,000,000.00 mark.  Of that final percentage, only 1.6% of those businesses ever go on to hit the $10,000,000.00 mark in gross sales.

In many industries, a net profit margin of 5-10% would be considered good.  In my experience, the majority of people who work for themselves are looking to generate higher levels of income, yet the vast majority of small businesses never hit the $1,000,000.00 mark.  Obviously, there is a great deal of variation between industries.

Lets take my previous company for example.  On good years, we ran on about a 15% net profit margin.  In any business, cash flow is critical.  In the real estate industry, great deals of revenues can pass through the bank account yet never actual end up on the dinner plate.  With a 15% margin we were able to create a decent income on a couple million dollars in annual revenue.  With that, we worked nearly every day of the week, had massive overhead, incredible amounts of exposure, and higher than normal stress levels.

What is my point in this post you may ask.  We as business owners and entreprenuers set out to take control of our financial life as well as our time and quality of life, yet the reality is, most people trade an 8-5 M-F for a 6-8 M-Sun in the pursuit of a dream.  The majority of businesses create large scale debt out of the gate with the hopes of turning a big profit.  Again, in my experience, with a small business the more you make the less time you have to enjoy it.

Don't get me wrong, I consider myself to be unemployable.  I would rather work for beans and know I am working for a purpose, where my efforts are rewarded in a job well done and that the income will come eventually with consistent effort. 

For 95% of people who go out in pursuit of their bit of the American dream, most will fall short.  What if there was a way, where you could realize that dream of business ownership, without the traditional headaches, and instead of running at less than 20% profit margins, over time, you could run at 90% profit margins. 

To me, that is where it is at.  Minimum exposure, hard work, constant effort, and knowing there is truly a light at the end of the tunnel where my family and myself can experience an extraordinary lifestyle.  Yes I can see it now!

You can find the original blog post by Andy Andrews at http://tinyurl.com/2g4m3ys where I found it.

This is an incredible article about forgiveness based on a Mistake vs a Choice.  One happens by chance, a random act or lapse in understanding, the other happens as a result of a conscious choice.  One is easy to forgive, and the other requires the choice maker who requires forgiveness to ask for forgiveness based on acknowledgment of knowingly choosing a choice that did not work.

Please enjoy the read and ask yourself who in your life that you are holding hostage (It could be you as well) as a result of their mistakes deserves forgiveness.  And who in your life has made knowingly bad decisions that you can recognize as someone who chooses not to take accountability for their actions.

How do you handle the latter?  What are your ideas?  Make comments and suggestions.

The principle of forgiveness has been ingrained in our spiritual life, but as an everyday tool, it seems to have been discarded by leaders as a sign of weakness.

Photo courtesy of ©iStockphoto.com/AndreasKermann

Employers rarely seek forgiveness from their employees. Parents don’t seek forgiveness from their children. Politicians never seek it from their constituents; nor do athletes from their teams, coaches from their athletes, or teachers from their students.
We could go on and on, but the evidence is clear. The game of LIFE has a “reset button,” but it is not being used!
Occasionally, leaders approach me with an eye for a solution to a tragic rift. The “event” has often been discussed by committees, worked on by consultants, and has cost unimaginable sums of time and money. Sometimes the disaster refuses to die, and it goes on claiming victims who were not even around when the incident took place. Companies close, families break apart, and churches split.
Amazingly, all these events seem to have a single thing in common: if a leader was the person who caused all the trouble (pulled the switch, made the move, etc.), he or she tried to clean up the disaster and make everything “nice” without knowing the difference between a mistake and a choice. The gap between the two is monumental. Knowing the difference can save you a ton of heartache, trouble, and money.
A mistake is when you turn left instead of right and get lost in the woods, subsequently stumbling off a cliff and breaking an arm. But when your mother has warned you against going into forest and you do so anyway thinking that no one will ever know, any injury is the result of a conscious choice.
When a leader makes a mistake, a carefully worded, heartfelt apology is usually all that is needed to right the ship. We rationalize, “there but for the grace of God, go I,” and we grant our own grace to the person, take a deep breath, and start over with the knowledge that “they won’t make that mistake again.”
But when there’s trouble because of a choice, the only thing that can ever hope to repair the damage is a specific request for forgiveness.
Some leaders try to push a version of this into the charred landscape: “I am so sorry. I have apologized to my family and now I apologize to you. I can’t tell you how sorry I am.” As weeks and months pass, some become almost belligerent in their attempts to make things right. “How many times must I say that I am sorry?” they plead.
Yet these apologies never set things right. The leaders made bad choices, and the people floating in the wreckage left behind have the unsettled suspicion that, “You aren’t sorry. You’re just sorry that you got caught.”
Whether or not this dissatisfaction is acknowledged or even consciously understood, it remains a gaping wound that is often never healed. Parents who make wrong choices in front of their followers (children) and chalk them up as mistakes, throwing them away with casual apologies, know that those offenses can pile up in the life of a child and overflow into astonishing rebellion and disrespect.
Can you remember an instance in your life when someone lost the reins of leadership because of a choice he or she made? An inappropriate comment, an unwise association, even a bad attitude on display can fester into unintended and crippling consequences if the “reset button” is not pushed in time. Setting things right—actually asking for forgiveness—can be uncomfortable in the moment, but the effects of this simple action will astound you.
Nothing beats this:
“I am so sorry. I am ashamed. Will you forgive me?”
These humble words, when spoken honestly, can heal virtually any wound. I have watched in awe as leaders reclaimed their authority with the quiet impact of this single principle. By harnessing the strength offered by the principle of forgiveness, corporations have regained their stature and families have been made whole again.
As you spread this simple message, I urge you to enjoy being the bearer of good news.

Question: Who do you know that might benefit from having their reset button pushed?