What Works: Cleaning up the bad deals in life
Submitted by editor on Mon, 07/10/2017 - 12:19pm
No matter how good you are at this thing called life, at one time or another, you may have agreed on a bad deal. This could be any type of deal. It could be a relationship that went south. You could have a bad deal with a vendor for your business. Or, maybe, you accepted a job you without asking enough questions and you feel stuck.
Whatever it is, bad deals create pain. Sometimes, they create pain for you and the other party.
The question is, what do you do about them?
Become aware: The first step to any type of evaluation is to take an inventory. What deals do you have in your life? Write them down and place a score to them. 5 means it’s an amazing deal and its working well. 1 means you would get out of the deal today if you could.
Review your low scoring deals: Ask yourself why you scored the way you did. If you are scoring a vendor relationship at a 2, is it because you believe you could get better service, pay less, or get better quality elsewhere? Review your contracts associated with your deals. If you need help, seek legal advice.
Plan a course of action: Now that you know the reality of the situation, what are you going to do about it? Collect the facts and approach your bad deals one at a time. Maybe a little tweak in the relationship is needed. Maybe the deal needs to end. Plan the action and then ...
Take action: Again, if the deal is something you need a lawyer about, get one. I’m not a lawyer, nor do I play one on TV. I’m simply a business coach who has seen this situation replay itself many times. I’ve also been in the situation itself. Action may be as simple has having a conversation and restructuring the deal. But, if it hurts enough, taking your head out of the sand can be a real pain reliever.
Bad deals happen. It’s important you are gentle with yourself for making the bad deal. Some of the best learning comes through making mistakes. We all make them. It’s part of being human. Shame keeps us in bad deals as much as fear does. Either one creates more pain than is necessary.
Speaking of working through your deals. I would love to help you at no charge as part of my volunteer work with the community. I work with people for two free 30-minute sessions, or one free hour, face to face, at Adams Hub for Innovation, located at 111 W. Proctor Street in Carson City.
This includes business coaching and career coaching services. If you want to schedule some time with me, I have time slots every Monday from 10 am until 2 pm. This is strictly volunteer-based and open to anyone. So, if you need a little help with career or business. I'm here. Schedule time by emailing grow@adamshub.com
LEARN AND GROW
Ongoing: Motivation Monday with Diane Dye Hansen at Adams Hub for Innovation from 10 a.m. to 2 p.m. (Up to two free 30-minute face to face sessions. Email grow@adamshub.com to schedule an appointment).
July 12, 2017: Entrepreneurs Assembly at Adam’s Hub for Innovation, inside The Studio. 5:30 pm, free mastermind group.
September 18-20, 2017: Workshop: “Success After Abuse: Empowering Women to Assert Themselves After Leaving an Abusive Relationship” - Nevada Coalition to End Domestic and Sexual Violence Conference, Atlantis Casino and Resort, Reno.
Schedule a complimentary 30-minute phone consultation with Diane any time at whatworkscoaching.com.
What Works Coaching
Diane Dye Hansen is the Chief Inspiration Officer of What Works Coaching, an individual and organizational coaching and consulting firm based in Carson City. She has 20 years of experience working with top corporations, growing businesses, motivated entrepreneurs, and individuals hungry for a fresh start. Diane holds a Bachelor’s in Business Administration and Marketing from Cal State San Bernardino. She is also a candidate for a Master’s degree in Communications Management from the University of Southern California. Her column appears every Monday, and sometimes Tuesday, in Carson Now.
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