As a successful entrepreneur, Oren Loni knows what it takes to reach the top. His Burgerim restaurant is more than a profitable place to grab a burger; it’s a global sensation with soon over 200 locations worldwide. If you ask Oren Loni to describe his recipe for success, he will give you one tip that he believes is essential: you need a mentor. Every entrepreneur needs someone to give them sound advice, push them past the comfort zone, and provide accountability on the journey. Mentors offer valuable help making business decisions and they can help foster relationships and partnerships that can take your company to the next level. Here are some of the most critical reasons why Oren Loni believes that everyone needs a mentor.
Mentors Have Real Life Experience
Choose a mentor that has already walked the entrepreneur path and found success waiting at the end. Your mentor should be a teacher that can pull from real world experience to guide you through the gray areas. If you have questions about budgeting, business plans, or day to day operations, a mentor can share experiences so that you can learn as you go. Plus they may save you from making some mistakes that would have otherwise been unavoidable.
Mentors See the Blind Spots
In some ways, running a business is like driving a car. You have a clear view of what’s coming, what’s behind you, and even what’s beside you. However, there are always blind spots where you just can’t see what’s lurking in the wings. These blind spots can be devastating if you don’t see them until it’s too late, but a mentor can spot these areas and give you adequate warning so that you can correct course when it’s necessary. Oren Loni believes mentors offer brutal honesty and constructive criticism and that helps you grow.
Mentors Help You Set Goals
Sometimes as an entrepreneur, you don’t know how to realistically set goals for your professional growth. Your mentor can ask questions to help you think through where you are going and what you want to accomplish. This dialogue will help you set goals for the short-term and long-term future of your business. If at any point, you get stuck or overlook one of your goals, your mentor can step in and remind you of the areas where you need to refocus your attention so that you don’t get off track.
Mentors Help You Avoid Burnout
A good mentor knows what burn out looks like and can spot the warning signs before you realize you’re headed for a crash. By opening yourself up to the guidance of a mentor, you create a safety net for yourself in case you start to emotionally crack under the stress of starting or operating a business. Your mentor provides regular guidance and encouragement, helping you find the right pace to reach success without sacrificing your physical or mental health in the process.
Mentors Offer a Sounding Board
When you need to bounce around new ideas, your mentor will listen and give you honest feedback. Oren Loni recommends that you find a mentor that isn’t afraid to hurt your feelings. Having a candid, honest conversation with someone you trust completely can help you build a business that succeeds, without wasting time on ideas that are destined to fail from the start.
Mentors Provide Free Coaching
In a lot of ways, Oren Loni believes mentors act like life coaches. However, you won’t pay a high fee and you’ll build a lasting friendship. A mentor isn’t in it for the money. Instead, this person is looking for ways to give back and help another budding entrepreneur by sharing personal lessons that they have learned along the way. If you’re a budding entrepreneur that is looking for a way to push yourself further and accomplish more, Oren Loni believes that having a mentor is non-negotiable. This is a priceless addition to your professional and personal life and it proves that you are humble, willing to learn, and driven to succeed.
Reveals 5 Secrets to Daily Productivity for Busy CEO’s
result. For Loni, that’s a global franchise empire with soon more than 200 Burgerim restaurants around the world and more opening each month. But what you might be more interested in is how the entrepreneur actually made it to the top. What happened over the years to help a regular guy find such huge success as a business owner? Oren Loni recently revealed some of the secrets behind his professional success and he credits much of his accomplishments to daily productivity. Here are 5 key steps that he takes to boost productivity and build his business day by day.
As a CEO with dozens of franchise locations competing for his attention, Loni knows the temptation of multi-tasking. But he believes that it’s more effective to focus on only one task at a time. With laser focus on one job at a time, you’ll get more accomplished in the long run. Take time to prioritize all the things on your “to do” list and then do the most important task first, giving it your full, uninterrupted attention. Once that task is complete, move on to the next one. You’ll feel less scattered and you’ll get more done.
Don’t Underestimate the Power of 20 Minutes
Most people think of work in “days” or even “hours”, but don’t underestimate the potential of minutes. Try setting a timer for 20 minutes and see how much you can knock out by going full throttle with no interruptions. You might be surprised at just what you’ve accomplished by the time you’re finished. Even on your busiest days, you can squeeze in 20 minutes to chip away at the stack of paperwork on your desk or to return calls.
Work on Batching
Successful professionals can get overwhelmed with daily meetings, emails, phone calls, and paperwork. It’s a mountain of work and it can feel like you never really get caught up. One of the best secrets to productivity and time management is to work in batches. For example, stop checking your email sporadically through the day. Instead, deal with all of your email at one time first thing in the morning or at the end of the day. Rather than having meetings every single day, schedule all of your meetings in one day to “batch” them all together.
Learn to Say No
If you want to achieve your goals, you have to learn the power of “no”. Unless someone is writing you a check or you expect some vital partnership or connection, say no to meetings that can be notorious for wasting your time. If someone asks you to commit to something that doesn’t directly align with your goals, say no. If you want to say “yes” to the best things, you will have to say “no” to many good things to get there.
Delegate as Much as Possible
Don’t be afraid to delegate. Oren Loni has gathered an incredible team of talented people so that he can delegate without worrying that things will go unfinished. When you look at any task, ask yourself if you need to personally be involved to get it completed. If someone else on your team can handle it, then delegate! These five simple tips will free up your time, lower your stress, and help you be more productive. As a man who has built a franchise empire, Oren Loni learned that building these smart professional habits can make or break you.
5 Secrets to Building a Successful Team
Oren Loni knows what it takes to build a strong team that can take a business to new levels of success. In fact, his Burgerim franchise is growing by leaps and bounds these days with more than 200 locations around the world. If you ask Oren Loni what keeps Burgerim on such a fast track for growth each year, he will point you towards his incredibly talented team. Here are his five best suggestions for new entrepreneurs who are trying to create a unified team.
Lead by Example
Don’t expect your team to do things that you wouldn’t do yourself. Oren Loni believes that setting a positive example will go a long way in encouraging productive habits among staff. If you show your team what’s expected by living it out in front of them, it will set a visible standard for everyone to follow. That means you have to be diligent to meet deadlines, keep your word, cooperate with others, and treat everyone with kindness even if you don’t always agree.
Balance High Expectations with Room for Mistakes
In any professional or personal group, you’ll encounter people who make mistakes. That’s because no one is perfect. While leaders should hold their team to a high standard for behavior and professional conduct, there should also be a balance with an understanding that no one will be perfect all the time. It can be difficult to find the balance, but it’s critical if you want to build a successful team. Make sure you aren’t setting such high expectations that your team members stop taking risks out of fear that they will make mistakes.
Be Generous with Affirmation
When someone on your team is doing a killer job, make sure you acknowledge that with words of affirmation. Praise the efforts of those around you and celebrate success. By pointing out when team members are doing things well, it sets the tone to promote strong work ethics and pushes everyone to push a little harder to meet their goals.
One of the easiest pitfalls for new entrepreneurs is micromanaging. Sure, you want to make sure your team is covering all the bases, but you can’t be hovering constantly or they will never have room to grow and achieve their full potential. Provide some options to your employees and while you might lay out goals, you should give them some room to set the path the achieve them.
Provide Honest Feedback
If your employees only hear from you when they’ve made a mistake or when you are assigning a new task, they may start to flounder. Honest feedback is a way to encourage professional growth and it shows that you are taking a personal interest in each member of your team. From time to time, sit down with the key leaders on your team and give them feedback on things they are doing well and areas that could use improvement. These five simple tips from Oren Loni will help you be a more effective leader and they will go a long way towards helping you build a stronger team.