Stuttering Roadrunner

Why does a stuttering roadrunner say, “BBeep, BBeep!”?

Because — they are so dang excited about new business opportunities.

They know “BBeep” is the short version of, “Better Business evolving everyday Plan.” Or, we can shorten that to, simply, “Better Business Plan.”

For 19:32 minutes of entertainment from Wile E Coyote and Roadrunner, click: (HERE) or, watch below.

Roadrunner & Wile E Coyote

You might be thinking, “What is a Better Business Plan?”

And — “What does that have to do with me, cartoons, and having fun?!”

My response, “Everything!”

Let Me Explain

Everything begins with YOU.

Your thoughts, your ideas, your dreams will, eventually, be the catalyst to Build Something — Special.

The reason WHY you want to Build Something — Special is so YOU can be your own boss, provide well for your Family, and achieve personal and business success to the level you choose.

Stuttering Roadrunner ~ Better Business Plan (BBeeP)

Wile E Coyote and Roadrunner offer intrinsic lessons to teach us how to navigate the threats and compensate for weaknesses — so, that, we can build on our strengths and focus on the opportunities. (SWOT)

Having fun is the definition of a rich, full, and abundant life. This preamble from our United States Declaration of Independence speaks volumes to what should be our chosen lifestyle.

We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness.

Importance of Speed

Until I was twelve years old, I though my middle name was Runget. Dad was a ranch-hand, working on Montana ranches owned by Trust Fund Babies. Although our family was poor of money, we were rich in love — Dad loved his Family and I loved to go with him, to work.

Whether we were building new wood fences for the bullpen, fixing a broken piece of equipment, or training a young horse, there were always those occasions where Dad needed something we didn’t have, with us.

So, he would say, “Kim, run get…” (whatever it was imperative to success)

And, I ran. Me and Forrest Gump — we ran. I ran so much that by the time we moved to the foreign country of East Texas, I ran the other guys off the track and brought home my share of 1st place ribbons.

Wile E Coyote

If you want to see the predators circle, begin building something of value. A whole pack of your enemies will be first to the scene — and not far behind them will be wolves in sheep’s clothing. Many you counted as friends will show their true color — green, with envy and jealousy.

Even though cute in a cartoon, this is an apt definition of a coyote.

“… long, slim, sick, sorry-looking skeleton” and a “living, breathing allegory of the desire to want. He’s always hungry.”

Samuel Clemens’ book Roughing It

Unless you go all in to achieve success according to your plan, the predators will go all out to destroy your hopes, dreams, and aspirations.

And — that’s WHY it is imperative that you have a Better Business Plan.

Roadrunner

We never see the Roadrunner working on his blueprint to stay alive. Yet, his resourcefulness indicates that he is constantly modifying and adapting his Better Business Plan to avoid the wiles of the coyote.

Much more important than playing not to lose (his life) it is much more fun playing to win (your success).

Beyond the importance of speed discussed earlier, discipline, dedication, patience, perseverance, and collaboration are the secrets to drafting, implementing, measuring, modifying, and celebrating your Better Business Plan.

Better Business Plan

Since we have two hands with five fingers on each, let’s simplify all this into a 5-Step Model.

  • Drafting (discipline)
  • Implementing (dedication)
  • Measuring (patience)
  • Modifying (perseverance)
  • Celebrating (collaboration)

Drafting ~ The first step is to make a plan. All creations of value begin with an idea captured into a Blueprint.

Implementing ~ Once the plan is available, the adage, “Work the plan!” rings true. Blood, sweat, and tears will be the investment.

Measuring ~ In order to manage, we must measure — “What is going right?” — and, “What needs improvement?”

Modifying ~ “Nothing works quite right the first time.” Our choices are Resignation and Despair — or, Fascination and Curiosity.

Celebrating ~ Success is a beautiful experience, to be shared with admiring friends and respectful enemies. Enjoy!

Two Choices

We have two hands — and, not three, five, or eight — because they are a reminder there are only two paths available: Light, or Darkness. On one hand, this — and, on the other hand, that.

The creation of light requires effort — make a candle, gather fuel, or strike a match all require resources and time.

Darkness is a void — a vast nothingness of worthless space. Yet, host to those who choose to hide their evil thoughts and actions.

Wile E Coyote usually met his demise in the darkness of a canyon, as we watched him go “poof” into a cloud of dust. His own actions were the cause of the result — and Roadrunner was, simply, a spectator to Karma.

The Secret

186,000 miles per second — that’s the Speed of Light.

We may not be able to build that fast — but we can harness the Power that designed the metrics. All we need to do is ASK — Ask, Seek, and Knock.

Darkness cannot extinguish Light.

With your Better Business Plan in hand, YOU can move quickly from any taint of darkness into the light of a better day and time.

If a Stuttering Roadrunner can do it, YOU can, too!

Stuttering Roadrunner ~ Better Business Plan (BBeeP)

Foundations

I’ll bet some pretty good money it’s been a while since you thought about the foundation of your home.

Yet, of all the parts and pieces of your beautiful home, the foundation is the most important.

Our Structure

The same can be said about the structure of YOU.

Each of us has a foundation. The majority of it was formed in childhood and as young adults. There are some people who obsess about their foundation. They want to regale us with the stories of abuse — because they had ‘bad’ parents.

Granted, there are evil people who engender children — and, those children have bragging rights. For the rest of us older kids, we can acknowledge we had regular parents — imperfect ones. And, as a parent, I fit right in that category.

Our Foundation

Let’s take a look at the similarity of our foundation and the one designed for a beautiful home. In fact, we might start with the home, itself — and, see that the home fits the foundation.

In other words, if you live in a McMansion, the foundation is massive and somewhat of an architectural wonder — with all of its various depths and offsets. For the more humble of abodes, the foundation will be much more plain and straightforward.

In the olden days, most log cabins were built on a foundation of four large stones — one at each corner of a four-sided structure. The old-timers did their best with what they had. For the skyscrapers of today, months – and, sometimes years – are invested to provide the necessary support for what rises above.

Our Choice

Here is another of those ‘humor Kim moments” — examine the structure of YOU. Are you a Cabin? A new-fangled Modular? Or, maybe you are an honest-to-goodness Mansion. There’s no right, or wrong, to this mental exercise.

However, I can guarantee the structure each of us has built fits and matches our foundation. And, to be clear, I’m not talking about the physical manifestation of who we are. I’m making reference to the emotional, mental, and spiritual components of the real individuals underneath our personas.

I’ll bet some more money that those individuals who experienced hardship in childhood and as young adults have the strongest foundations. Those hardships are the rebar and aggregate (rock, sand, and gravel) binding with cement to support the multi-story complex of these individuals.

Magnificent

The good news for all of us is that we can continue to build. For those with a massive foundation, they will keep on adding stories.* For those with a structure they have grown to dislike, there is the option to remodel — which, generally, requires new foundations.

I hope each of us examines our foundations, revisits our blueprints, and, then, sets our hands to the construction of somebody magnificent.

* Stories — and, Chapters to the Book of their Life. 🙂

Coach

“Success is peace of mind which is a direct result of self-satisfaction in knowing you made the effort to become the best of which you are capable.”
John Wooden,
Legendary UCLA Basketball Coach

All We Do Begins With A Thought

To achieve success, there must be: “The Want To” — That’s the thought.
Then, there must be: “The Want To, Do” — That’s the action.

Knowing and Doing are two very different aspects of life. One is passive. The other is active. One is a state of mind. The other is the motion of the body. One without the other is of little value.

Recently, a story about Coach Wooden grazed my consciousness. Then, it began to burrow deep into my soul. Now, that thought has become an action — to share my discovery with you.

From the book Great by Choice is a compelling narrative about Coach Wooden. He started each new college basketball season with the same comment, “We will begin by learning how to tie our shoes.”

Just imagine the freshman players thinking, “Why?!” The seniors eagerly participated in the lesson How to Tie Our Shoes, because they knew, “There was a way to do everything.”

In the words of one player, “By the time the games came along, they just became memorized exhibitions of brilliance.”

That high level of excellence was built — block by block — from the blueprint of Coach John Wooden. It was much more than a game plan. It is a philosophy of life and competition. As timely today, as it was for his century of performance, Coach appropriately named it a Pyramid of Success.

At the heart of everything I know about Coach Wooden, he was respectful of Time and Tone. Practices began and ended like clockwork (Time). He opened the first moments of practice in a quiet voice (Tone). The passion at his core produced Planning, Preparation, and Progress to reach Goals.

All We Do Begins With A Thought

The thought was to encourage the development of their best — from everyone within his sphere of influence (the Goal). The actions were focused on Planning (Pyramid of Success), Preparation (How to Tie Shoes), and Progress (National Championships).

Thought without action is worthless.
Action without thought is dangerous.

Time can be well invested by examining the Tone, at The Official Site of Coach John Wooden: http://www.coachwooden.com/

Be sure to click on Pyramid of Success, at the top of this page. Coach starts his building process, at the lower left corner. Industriousness is the first cornerstone in the foundation of the Pyramid of Success. The second cornerstone, to the far right, is Enthusiasm.

Click on each building block for the rest of the story.

In our daily conversations, with one another, we Talk about these principles. Funny, though, isn’t it? So easy to say — yet, so, very, hard to Do.

Coach simply inspires and encourages us to remember and do.

Better Business Plan

Blueprint For Success

A seasoned carpenter shared this secret to success: “You must begin — and, begin again.”

For the dreamers among us, the question is: “Where do I begin?”

The purpose of this article is to provide the parameters for a quick analysis of an idea to determine its possibility, and probability, of actionable success. As with any legitimate construction project, we build it on paper, first.

This is our blueprint.

Considerations

Owner Compensation
The concept of beginning here is novel for a Business Plan. Yet, this number will keep our attitude right and provide the Retained Earnings for business expansion. Success principle — Begin with the End in Mind.

Debt Service
Unless adequate funds are available for startup, the early years will include a Banker for a partner. The goal is to buy them out quickly to retain their share of profits, which are paid by our business as Interest.

Taxes
Self-employment, Federal income, and State income taxes must be paid timely. Because of severe penalties (plus interest) for non-compliance, governmental entities are terrible sources of financing.

Overhead
This is the delivery system for providing value to the marketplace. It is everything from the storefront brick-and-mortar (or online presence) to all indirect expenses. It is the price we pay to have a Company.

Direct Costs
Each project and customer will want, and need, something different. The flexibility to “Wow!” them requires additional expenditures. For construction projects, this includes Materials.

Productive Units
All of the above is accomplished by understanding the finite number of units available for distribution. For service enterprises, this will be a reservoir of Hours; for a products company, this will be the capacity of the Shop; and, for an inventory business, this will be the Goods.

Guidance

Formulas:

Net Income = (Owner + Banker) / (100% – Tax Rate)
Value to Customers = Net Income + Overhead
Sales Price = Value to Customers + Direct Costs

Example Variables:

Owner Compensation: $80,000 ~ [For the Family, after taxes]
Debt Service: $40,000 ~ [Loans of $200,000, with 5 Year maturity]
Tax Rate: 40% ~ [S/E 15.3%, FD 20%, ST 4.7%]
Overhead: $144,000 ~ [Ads, Insurance, Rent, Utilities, Etc.]

Solution:

(Owner $80,000 + Banker $40,000) / (100% – 40% Tax Rate)
Is same as: $120,000 / .60 = $200,000 Net Income
$200,000 Net Income + $144,000 Overhead = $344,000 Value

For those providing Services to the marketplace, the final step is to divide Productive Units into the Customer Value. Full-time employment is 2,000 hours per year. Entrepreneurs will work much more than that — with only a percentage actually billable to Customers.

If our Startup Enterprise team can be 86% productive (after allowance for duties of internal and external management) each Employee has an annual reservoir of 1,720 billable hours.

$344,000 Value to Customers / 1,720 Hours = $200 per Hour: Price for Value

Those providing Products, or Inventory, for sale to customers, will factor in the Direct Costs. In fact, they will consider the number of meals (if a restaurant), or suits (if a boutique), as their Productive Units and establish their Pricing, accordingly.

Purpose

Now, step apart from the crowd and consider the most important variable of all:

“What is my passion – the one unique thing about me – for which the world waits?”

The rest of the story from our successful builder, quoted at the beginning of this article, “Find something you love to do and do a lot of it.”

If we are able and willing to tap into that passion and grasp the foundational principles of a Blueprint, we are simply minutes away from A Better Business Plan — and, a new beginning!