Have You Ever Wondered Just
How Far Your Business Can Go?
Have You Ever Wondered Just
How Far Your Business Can Go?
Now that you’re ready to dedicate more time to working ON the business, you’ll need something to help you stay focused and disciplined. Most people find it easier if they have a structure they can just follow that’s already set up, week by week. An organised structure that shows an overall view of the week, and also has specific times each day set up, just for your business.
In this video, Mark introduces the concept of a Default Diary. This helps you as a business person to ensure that you give a certain amount of time to your business each day. The more you do this and make it a habit, the more likely it becomes that your business will grow and prosper.
Most people, especially business owners, think time is elusive. There are always IMPORTANT matters that are URGENT and need immediate attention. Meanwhile, matters that are EQUALLY important but NOT necessarily URGENT are left for another day. It feels like there’s never enough time to both work IN the business and ON the business. Mark is here to tell you that a balance is achievable.
This video talks about various concepts that can help you manage your time, delegate work, and maintain a structure that allows for more attention to the business. Through these practices, you will discover more efficient ways to work and realise that you can work smarter instead of just harder.
Some people may be sceptical about the necessity of a business coach. Well, in the same way a professional athlete, without question, has a coach, a business coach is indispensable to business owners as well. Often, business owners, much like professional athletes, are too involved in the game to see their own blind spots. This is what coaches do in business as well. They watch you play, give feedback, and craft a game plan with you.
Much like professional athletes, business owners also need to play their best parts. Great things happen when both the coach and the business owner do what they need to do.
When business owners set financial goals, they often focus on turnover rather than profit. However, “turnover is vanity, profit is reality.”
A big turnover means very little if you have nothing to show for it. Higher turnover leads to increased costs, the need for more infrastructure, hiring more people, and many more challenges. Usually, we are simply amplifying our stress levels because of business inefficiencies. Like a leaking bucket, the more water we pour in, the more comes gushing out.
In this video, Mark discusses tracking and understanding financial goals, KPIs, and other metrics so that your business runs smoothly.
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