Don’t Bury Your Talents in 2020

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Well, today is the final day of this year.  As part of my own goal planning process, I conducted my 2019 year in review.  I checked off my accomplishments and reprioritized my goals for 2020.

Like many people, I worked through some challenges in 2019.  But through it all, I will enter 2020 renewed and ready to use my gifts and talents in this year.  As you evaluate your 2019, reflect, evaluate, and celebrate your story.  Remember that your failures or setbacks do not define you, because you still have a chance to rewrite your own story.

I want to remind everyone of an important biblical story.  In a biblical passage, a Master gives his servants several talents, according to their ability.  He then plans to take a journey but vows to return.  The Master gave one servant five talents, which the servant doubled.  The next servant was given two talents.  He did the same.  The last servant was given one talent and he buried it in the dirt.  This servant, in his mind, played it safe.  He was afraid of the unknown, or possibly lazy, so he buried his talent.  The servant expected his Master to be thankful for protecting the talent.  When the Master returned, he congratulated the first two servants for their diligence.  But with the third servant, he was infuriated and dealt with him harshly.  The key point in this story, is that we have all been given a portion of talent or ability.  However, it is what we do with it that counts.  Do we multiply it, or do we bury it?

As you enter 2020, know that it is okay to step outside your comfort zone.  In order to change the world and leave a lasting impact, it requires that you take a risk on yourself. Do not be like the servant in the passage and bury your talents.  When we bury our talents, we hold back solutions, knowledge, skills, innovation, and creativity.  We literally rob the world from utilizing and benefiting from our giftedness.

As a professor, author, speaker, coach, and leadership expert, my goal for 2020 is to convince you not to bury your gifts.  Tomorrow is the beginning of a new year, start the year off in grand fashion by utilizing your God given gifts and talents.

Join “Dr. Regina’s World” by following me on Twitter, Facebook, LinkedIn, Pinterest, Tumblr, and YouTube and let’s start using our gifts together.

From my family to yours, I wish you a healthy, successful, and prosperous New Year.

Dr. Regina Banks-Hall

2020 New Year’s Resolutions for Small Businesses

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For many small businesses, 2019 was a pretty good year.  As I spent time evaluating my  community, I saw several help wanted signs.  I noticed local coffee shops and restaurants full with customers, and I saw the opening of several new businesses.   As a small business coach, I know that many business owners sometimes just want to enjoy their success.   However, we must always take time at the end of the year to reflect, evaluate, and strategize.   As you get ready to end the year, I wanted to share five areas to review,  to ensure a successful 2020.

  1. As an Economics Professor and Small Business Coach, I share with students the principle, that every business must understand the market or industry in which it operates.   Therefore, it is important to understand your particular industry.   What is happening in the coffee, t-shirt, restaurant, or retail industry.  Is your industry thriving?  Is your industry maturing?   Where are opportunities for growth?
  2.  When you create goals for your business, remember that these goals may require a full year commitment.  Therefore, the first quarter of next year should be used to evaluate your year-long strategy.   You may also find that the goals you created require a longer implementation plan.  Therefore, decide what’s first, second, or third on your list.
  3.  Review your cyber security measures.  Think about how you can back up your company’s data and create a firewall that prevents hackers from accessing your corporate newtork.   Determine if you are using the latest security software for your computers.  Is there more efficient way to handle moble transactions.   Finally, encourage employees to change their passwords on a regular basis.
  4. Reduce Debt –  As a small business owner, it is important to review and understand  your financial outlook.  Therefore, look for ways to eliminate debt.  For example, can you take out a business line of credit, and take advantage of lower interest rates.  Can you consolidate credit cards, or can you pay off a loan with a year-end bonus and free up your credit cards.
  5. Review your growth plans.  Look at your product and services.   The beginning of the year, may be a great time to add a new product or expand your services.   Researching growth opportunities in your particular industry, can also help you identify opportunities in this area.

As you end the year, review your 2019.  Reflect, evaluate and determine your goals for 2020.  You may not eliminate all your business debt, but your strategy to expand your product and services may increase your profitability.   You may find through your reflection and evaluation that 2019 provided a solid blueprint for 2020.  Remember business goals are designed to provide improvements to your business. Therefore, think about your goals carefully and strategize for a profitably 2020.

Best wishes,

Dr. Regina Banks-Hall

For more information, on how we can help you create your 2020 vision, please complete the contact form below.

 

Embrace Life

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Hello everyone,

I know it has been a while since I shared a post.  I took some time, spending the last few months, conducting small business workshops, finishing up two books for a fall release,  and getting ready for my fall teaching season.  As I began to reflect on the first half of this year, I was reminded that no matter how strategic your plans,  life will provide you some unexpected twists that can impact your future.

As an Leadership Expert, Assistant Professor of Business, and Small Business Coach, I am always reminding everyone within my reach that life is a risk.   Today, I was looking at the board game called, The Game of Life.  It is a game I use often, while teaching my economics class.   In this game, a person travels through his or her life, from early age to retirement.  During this journey around the game board, it covers jobs, marriage, career opportunities, pitfalls, and the possibility of children that can be added along the way.  It is a reminder that in real life, these things can happen, and we can also experience a twist or turn, along the way.

As I was looking at this game, and reflecting on the year, I was reminded that we cannot control the events that come our way.  Some of the events I am referring to are, the loss of a job, a bad relationship, or a death in the family.  We certainly can’t control these events, however, we can control how we respond.  We must always keep in mind that pitfalls can also be stepping stones.  For instance, the loss of a job may open the door to a future opportunity that you never noticed.  Getting out of a bad relationship may open the door to you meeting the right person. A death in the family, though painful, can give someone a renewed sense of how important life really is, or how important it is to spend time with those you love.

When you view life as a journey, you open yourself up to embrace the unexpected.    The journey into the unexpected is where you discover who you really are.   It is where your character is tested, yet you make the choice to maintain your integrity.   It is during the journey of the unexpected that you send a message to your critics that you are still standing, in spite of their attempts to bring you down.   It is during the journey of the unexpected that you find yourself on top of the world one day, and down in the valley the next.   The key to success here is to remind yourself that these small setbacks do not define who you are.  When you know who you are, you know you can recover, and you are always looking for the light at the end of the tunnel.

History reminds us that some of our most successful people did not succeed because they knew they would.  They succeeded because they would not allow doubt, and the fear of the unknown, to derail their progress.  They understood that the unexpected opened the door to opportunities.

I believe that the thing that hurts people the most is banking on the status quo.  Successful people understand that they can lose it all.  However, they know by pushing through the challenges and setbacks, they will achieve a winning outcome.   The game of life is a reminder of what could happen.   Yet, real life is not a game at all, and should be embraced in a meaningful way.   Success is often determined by the choices you make, and your ability to embrace the unexpected.  These two variables will help you navigate towards a winning outcome.   As we move through the rest of the year,  choose to implement these measures, embrace the unexpected, and prepare to win.

Dr. Banks-Hall

 

Handle Your Business

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As a business coach, professor, and leadership expert, I have the opportunity to witness up close, new entrepreneurs launch their business ideas.   These entrepreneurs have fresh and exciting ideas, big dreams and a boatload of optimism.   This excitement is contagious and their energy is overwhelming.

However, I have also seen individuals stumble, fall, and ultimately fail in their business pursuits.  Sometimes, this happens, because success is a tricky thing, and not easily achieved.   Therefore, if you are ready to launch into a new business, let me share five tips that will increase your odds for success.

#1 Keep your vision in sight.   When things go wrong, you can use your vision to maintain your focus.

#2.   Understand your competition.   As a professor of economics, I share with my students all the time, that every business must understand the market in which it operates.  Therefore, you must identify the competition, and determine how your business will compete.

#3.   Provide a good service.  It is important to know your capacity to deliver what you’ve promised.  Therefore, do not overpromise and under deliver.

#4.  Keep track of your expenses.   As a new business owner, it is important to create a system for managing your expenses.   Managing your expenses, allows you to track your progress and keep a handle on your debt.

#5  Hire a business coach.   If you are starting a new business and are unsure of what you should do, hire a professional to assist you.   There is no substitute for experience, and a business coach will provide the expertise you need.

If you are launching a new business, I recommend that you attend my workshop this weekend, (Saturday April 27th at the VisTa Tech Center in Livonia), entitled: “Handle Your Business.”   See the video below for details.

Dr. Regina Banks-Hall

 

 

 

The Characteristics of Grit – Do You Have It?

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Today, I want to talk about the word GRIT.   According to  Merriam-Webster’s dictionary,  GRIT is defined as, “firmness of mind or spirit : unyielding courage in the face of hardship or danger”.    Angela Duckworth, Professor at the University of Pennsylvania  in a Ted Talk, associated GRIT to the passion and perseverance you need to achieve long term goals.     Perseverance, of course, allows you to maintain your commitment to overcoming obstacles that lie in the way of you achieving your goals.

As a motivational speaker, professor, author, leadership expert, and business coach, I beleive that our understanding of ourselves helps to define our GRIT.   As people, we have to know how we feel about courage, our knowledge, our skills, and our ability to handle adversity.   Often we can determine our grit when we overcome an obstacle.

As I look at the word GRIT, I agree with Webster and Duckworth, that it includes courage, perseverance, firmness of mind and spirit : unyielding courage in the face of hardship and danger as you pursue purpose and long-term goals.    Therefore, examine your grit today, by examining yourself.   Define who you are as it relates to courage, passion, purpose, and firmness of mind.   Utilize your strengths to overcome adversity, and learn from your weaknesses to challenge failures.

We are all uniquely made, however, when we truly understand our GRIT, we can strategize for success.

Dr. Regina Banks-Hall                                                                                                          President, RBH Professional Development Institute

Contact us today to learn about our leadership development programs, vision board workshops, business coaching, motivational speaking programs.    Please visit our website at http://www.rbankshall.com to learn about our upcoming workshop, entitled handle your business.     Let’s take what you know about your GRIT, and launch your dreams.

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https://www.eventbrite.com/e/handle-your-business-a-workshop-for-new-business-startups-tickets-58869499257

 

 

 

Celebrating Women on International Women’s Day

Today, we celebrate International Women’s Day.   International Women’s Day is a day dedicated to celebrating the cultural, economic, political, and social achievements of women.   As a female business owner, professor, author, business coach, public speaker, daughter, and wife, today I reflected on my own journey.

As I reflected on my life,  I thought about all my experiences good and bad.    I acknowledge the journey has not been easy.   I have overcome adversity, negative people, and others trying to hold me back.   I realized that my focus, commitment, and determination to my dreams has allowed me to press forward.   Therefore, my message to my sisters, is to never give up on yourself.   Recognize your value and continue to push forward towards your purpose.

Today, as we celebrate International Women’s Day, give thanks to those who have created a pathway for us to follow.  However, take a moment to celebrate and honor yourself.   Use this moment in time and determine what trail you will create for others to  follow.  Please enjoy this video in your honor.

Dr. Regina Banks-Hall

Authentic Leadership

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Today, in celebration of Black History Month, I want to talk about Authentic leadership. Authentic leadership is often considered a process, approach, or style.  By definition, Authentic leaders are confident, hopeful, optimistic, resilient, transparent, future oriented and focused on developing others to become leaders.   They lead with their core values and have courage and self-discipline.  They understand the importance for establishing trusting relationships and they are driven by a purpose.

South Africa was ruled by a white minority government for almost two centuries, while blacks made up over 75 percent of the population. Nelson Mandela, tapping into the frustrations of his people, began to focus on overturning the prevailing domination.  On trial in South Africa, he said “I have fought against white domination, and I have fought against black domination.  I have cherished the idea of a democratic and free society in which all persons live together in harmony and with equal opportunities.  It is an idea I hope to live for and to achieve.  But if need be, it is an idea for which I am prepared to die.”

He was sentenced to life in prison.  Throughout his imprisonment he rejected offers to be released.   He would ultimately be released from prison on February 11, 1990.  After being released, he got involved in the political process to end white minority rule and was elected ANC President in 1991.  Nelson Mandela,  would vote for the first time on April 27, 1994.   He never wavered in his cry for democracy, equality and learning, despite his experiences.   He is an inspiration for all who have been oppressed and deprived.   He remained authentic to his values and purpose.  Please visit https://www.nelsonmandela.org/content/page/biography to learn more about his life.

Authentic leadership is important, when you look at the impact you have in your home, workplace, school, church, etc. Followers take a look at your words and your values. They want to see if your talk matches your walk. As you think about yourself today, determine the authenticity of your leadership, and evaluate how that impacts your organization or those you have influence over.

If you are struggling  today with vision or identifying your purpose, I end this post with this quote, “Do not judge me by my successes, judge me by how many times, I fell down and got back up again” – Nelson Mandala.   Sometimes when we experience adversity, it is preparing us for greatness.   Therefore, “fall forward your purpose is waiting for you.”  – Dr. Regina Banks-Hall.

Dr. Regina Banks-Hall speaks

Please visit http://www.rbankshall.com to learn more about our leadership development programs.  Let’s make 2019 a banner year for leadership.

 

 

Make It Count

 

We have all heard the phrase “make it count” but do we really know what it means.  When you hear the words make it count, you might be thinking that you should make your life count for something, focus on the positive and live each day to the fullest.   All of those phrases are true.  However, I want to offer a different perspective on making it count.

When I hear the words “make it count” I focus on three key areas, which are, resources, time and opportunity.   When  I think about resources, I want you to focus on the people that exist within your inner circle, and the talent and skills that you possess that support your goals.  Also, I want you to focus on the excitement and passion that you receive from helping others and the motivation that comes from making your life count.

When you think about time,  I want you to make sure you are not wasting time, but maximizing every moment.   When you maximize your time, you can focus on your goals, time with family, time for business, work or school, and time for serious self reflection.   You recognize the importance of time management, and you prioritize your tasks wisely.  Also, you recognize the need to volunteer your time to meaningful and purposeful pursuits and not wasteful meanderings.  The reason why I am hammering this point home is becuase, time is a precious commodity.  Understanding this fact, we should all examine how we spend our time as it relates to achieving our goals, and maximizing our living.   My mind goes to a famous quote, which states, “Dost thou love life? Then do not squander time, for that’s the stuff life is made of.”- Benjamin Franklin.

Finally, I think about opportunity, and its relationship to preparation.   Opportunity allows you to do something.   The key to taking advantage of opportunity, is the preparation that takes place beforehand.  Therefore, as you think about the goals you want to achieve, ask yourself this question.  How am I preparing for my opportunities?  For example, if you own your own business, what is the elevator pitch that you will give when you run into a perspective client?  If you are looking for a new job, how can you define your skills, when asked by an interviewer.  If you are a minister, waiting to preach your next sermon, are you ready?

My mind goes to the workshops and courses I teach on leadership, human resources management, small business administration and leadership.   Without preparation, I would not be able to deliver training at the highest level, or at any given moment.   I had to prepare myself to take advantage of these opportunities.

As you navigate this year, I want you to focus on “making it count” by examining your resources, your time, and your opportunities.  When you maximize these three areas, you are opening the door to maximizing your living and “making it count.”

Best wishes for success,

Dr. Regina Banks-Hall

A Strong Finish

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As we say goodbye to 2018 and look forward to the coming year, I believe it is important to get off to a good start and then finish strong.   My strong finish to this year is the launch of my new podcast:  Maximizing Your Life with Dr. Regina Banks-Hall.  This is truly a dream come true.

Please enjoy my first interview with Author, and thriving Entrepreneur, Mr. Michael Hall, as we talk about his new book “The Hamster Wheel.”

Please click on the links below to hear this interview.   https://www.podbean.com/media/share/pb-9ij8e-a310e6

https://anchor.fm/drreginabanks-hall/episodes/Are-You-on-the-Hamster-Wheel-e2rlsf/a-a89dsm

Dr. Regina Banks-Hall

2018 Reflection, 2019 Focus

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Hello everyone,

We are fastly approaching the end of the year, and it is important for all of us to conduct a year in review and celebrate our 2018 accomplishments and strategize for 2019.      Therefore, I want you to find a journal or notebook and list all the things you have accomplished this year, and the items you know you will accomplish by December 31st.   As you make this list and begin your review, ask yourself a couple questions?

  1.  What stands out as it relates to your accomplishment.
  2. What seemed impossible at the beginning of the year, but now is now on your list of successes.
  3. What were some of your biggest lessons.

As you begin to focus on the year ahead, think about December 31, 2019, and identify the goals you want completed.   When you identify the goals you want completed by the end of the year, you know what you must focus on throughout the year.

Finally, as we complete the year, I want you to take your lists of accomplishments and celebrate youself.   When you celebrate your accomplishments, you connect to your success, reflect on your mistakes,  remind yourself of your gifts and strengths, and most importantly, remind yourself that you are able to achieve what you desire.

If you would like to receive a blueprint for 2019 success, plan now to attend my local Achieving Success Workshop held on January 5, 2019 or our virtual Achieving Success Workshop which will be held on January 12, 2019.   Click on the following link and you will be directed to register for the upcoming workshop.

https://www.eventbrite.com/e/achieving-success-vision-building-for-2019-tickets-53800227930

It’s time to execute your vision.

Dr. Regina Banks-Hall