April 15

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Mr. Magorium…-Brilliant Breakthroughs, Inc Biz Movie Review

Mr. Magorium’s Wonder Emporium
Brilliant Business Movie Review

The movie ticket for "Mr. Magorium's Wonder Emporium"
Be delighted as you watch this magical movie about Mr Magorium’s Wonder Emporium transition of ownership.

What can the movie, “Mr. Magorium’s Wonder Emporium” (2007)
teach us about the business strategies:
Exit Strategies, Helping Workaholics, & Change Management?

Brilliant Breakthroughs Business Movie Reviews emerged because movies are a great way to be inspired and/or learn from a fresh perspective! This business movie review will inspire you. Mr. Magorium’s Wonder Emporium is an exceptional whimsical movie about change management and possibility. Becoming more aware of how these topics come to life in our businesses will benefit everyone. Oh, I chose the release this Brilliant Breakthroughs Movie Review in honor of April 15th, America’s Tax Day, and all the accountants working hard to help Business Leaders. This will make more sense when you watch the first 5 minutes of the movie.

Mr. Magorium’s Wonder Emporium is the world’s most magical toy store which has been run by Mr. Magorium (played by Dustin Hoffman) for over 113 years. Yes, that is not mistyped. I won’t reveal why, but he has decided it’s time to move on. He has already decided who the heir apparent is, but she is reluctant to accept her new role. This is where the story begins…

“Mr. Magorium’s” Business Strategy #1:
Exit Strategies

Mr. Magorium is a joy-filled, compassionate, uplifting, and a playful spirited man who wears zany socks, loves pajamas, and has a pet zebra. He also runs a very successful and uncontemporary toy store. Since he is departing, he decides it’s time to learn the value of his business. He called an agency to hire an accountant. The heir apparent quizzically says, “What?” Mr. Magorium’s response, “An accountant must be a cross between a counter and a mutant” to which the heir apparent replies, “Good, that might be precisely what we need!”

Strategy #1: Exit Strategies
Responsible Business Leaders have an exit strategy for themself, their team, and/or the business.

Regardless of being a Business Leader within a large corporation, or small business, you need to make decisions based on adding value to your business. There’s a saying out there about how we should always be building a business for an exit strategy. Even if you don’t intend to sell your business, you should always be taking action items to develop it to become as valuable as possible.

As you know, regardless of what accountants confirm, the marketplace reveals the true value of your business. If you have something of value, others will appreciate it and extend a fair offer. Of course, you must have your systems, book of sales, well-defined product and services, and assets appropriately documented and valued. Is your business prepared for a sweet offer? Are you and your team poised for new possibilities?

“Mr. Magorium’s” Business Strategy#2:
Helping Workaholics Gain Balance

The counting mutant is brilliantly played by Jason Bateman, who is a workaholic. There are some scenes in which he effectively undeniably depicts the saddened, driven, and lonely life of workaholics. (I can say that because I’m one.) There is a moment when the counting mutant reveals, “I never stop working.” Then another moment when he surrenders and enjoys frivolity. Eventually striving to find balance amidst the struggles of his addictive habit.

Strategy #2: Balance
Is a work-life balance a reality? 

YES! I know this personally. What was my game changer? My health was only enough to help me become aware of my choices but still wasn’t my tipping point. My conversion was when my husband bought our rockin’ Harley and I learned how to sit on the back of a motorcycle for hours at a time… doing nothing! My husband’s Harley is so loud I can’t even hear music to distract my zen time. My Harley is much quieter, but that’s when I have to concentrate on being the driver.

Now, I’m reformed. I still go through bouts of pushing through projects with deadlines AND I take good care of revitalizing myself. Why? So I can optimally perform and serve up my very best to my clients. How’s your balance? What can you do to create a better balance to optimize your performance? Mr. Magorium states to his heir apparent, “Your life is an occasion. Rise to it.”

“Mr. Magorium’s” Business Strategy #3:
Change Management

You’re a wise Business Leader. You know change is inevitable. Perhaps you still get frustrated when others don’t embrace the change being sought. Mr. Magorium shares, “Some things are impossible to dodge.” Any leader knows this is true. When the heir apparent is at a bleak moment and in grand denial, Mr. Magorium serves up a big piece of wisdom, “What you need to believe in, is you.”

Strategy #3: Managing Change Management

Managing change isn’t always easy, but it can become amazingly simple if we allow it to do so. Acquire the unlikely tools to accomplish an unlikely task! Another wisdom-sharing of Mr. Magorium, “We must face tomorrow with determination, joy, and bravery.” What’s your challenge with change? Do you need unlikely tools to succeed? If so, let’s do a little reactive work and then get proactive to assure actualizing your goals.

Take a moment to share in comments…
Which “Mr. Magorium’s” business strategy would serve YOUR Business best?

If you want to discuss this strategy or something you need assistance with,
please call Maggie (262) 716.7750 for YOUR No-cost Consultation.
I’d be happy to learn how I can help you clarify and simplify strategies
and actions to improve great profit and your success!

Brilliant Breakthroughs Business Movie Review is brought to you by:
Master Business Coach Maggie Mongan, Brilliant CEO & Founder
LinkedIn: Maggie Mongan

Brilliant Breakthroughs Inc. Site & Blog: www.BrilliantBreakthroughs.com
Direct Dial: 262-716-7750
Waterford, WI  USA

p.s. Want to stay on top of movies to impact your success? Every Friday afternoon I tweet a link to a different Business Movie Review to further simplify your success at: @BrilliantBloger.


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