MMI Meeting

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Have you had an MMI meeting lately?  For sole proprietors only… 

The management gurus have been creating their own acronyms for business tools for decades, and I have now created my own.  MMI – for sole proprietors only, it stands for “Me, Myself and I.”  But what it can mean to your business is much more valuable than playing with acronyms and words.  Here is how my MMI began…  

A few weeks ago, I got one of those sole proprietor “Ahhhh” moments – you know, when you realize you are just entering your slow season and cash and receivables are not where you would like them to be. That was the moment I was in.  After a few moments of anxiety I armed myself with the latest reports from my practice management and accounting software and headed straight to the local cantina.  It was 2:00 on a Friday and a very quite time and pleasant space for my MMI meeting.  Refreshments were served and I took a couple hours to review where I was and re-establish goals.  I also came up with a short term plan of action.  I left the meeting with a fresh resolve to hit it running on Monday and that is exactly what I did.  The best news of all, I exceeded all of my short term goals.  And, I can say with absolute conviction that had I not had the MMI meeting our August results would have been less than what they were.   

Now I am sold on this, not new, but newly named management tool.  The MMI meeting, try it and see what it can do for your business.