— Summary —
In this episode, we talk about the concept of goal setting which is the last stage of the Think Up phase. We look at goals differently to
fuel, energize and electrify them, bringing them to life.
We know SMART goals = Specific, Measurable, Specific, Relevant and Time-driven.
There are a couple of elements missing with SMART Goals and I change it to “A Smart Goal” where A denotes Aligned.
Goals need to be aligned with your higher mission, vision and purpose.
The goal that you’re creating should be specific and linked with your strategic plans.
We need to make sure that goals are measurable because if we can measure it, we can manage it.
It needs to be reachable and realistic.
The goals need to be relevant to our outcome and the tasks that we are doing.
Goals need to have a deadline to draw us forward.
On March 2nd, I’ll be giving out a few thousand copies of my new book, THE ENTREPRENEUR’S SOLUTION.
The book doesn’t actually come out until March 23rd, but I’ve pre-ordered thousands of copies for friends, family and The Entrepreneur’s Solution Nation. Why? Because, I have a mission and want to shine the light on the new path to financial freedom and peace of mind through entrepreneurship. People are starving for a new way to live, to take control of their lives and live a life by their own design!
— Summary —
In this episode, we talk about how to create an elegant solution for your customers and your market. An elegant solution is the simplest way to get the
greatest impact. It should be something that can withstand time and get the attention of the marketplace. It’s the “Aha!” solution.
An elegant solution will serve your market at three levels:
Level 1: Dealing with the known and spoken problems.
These are the things that are commonly known and talked about. Even though everyone is talking about it, we need to come up with a solution.
— Summary —
In this episode, we continue our journey down the three phases of business life by digging further into Stage 1 of Phase 1 which is the Decide stage. We talk about the obstacles and challenges that may come up and the ways to navigate them:
1. Are you in the right business?
The right business is the one that is driven by your passion and vision. It serves at a greater level helping people shift their lives, and get solutions
for their problems.
Our level of success is directly connected to the foundation that it is built on. In business at times we want the big sales, the great growth and the cash flow yet putting in the diligence and effort on mastering the fundamentals first doesn’t seem to get the same focus.
When you think about it everything in life the strength and level of your success is from the foundation up. Think about it for a moment – in your relationships, have you taken the time to get to know each other? I mean really mean to know them deeply?
What do you need to let go of? What is holding you back from soaring? It is time to let go and grow! Now go forward and make a difference, live your dreams and create your legacy! Keep your epic journey alive!
~~The Entrepreneur’s Solution~~
— Summary —
In this Q&A session, we talk about the topic “Scaling a Coaching Practice” to answer the question sent in by Ron Reardon.
The question is “If a person has a high-end one-on-one coaching business, which normally coaching is not scalable; what recommendations do you have to scale what can be scaled?”
Scaling is one of the biggest challenges that service professionals have. For coaching business owners, there are four types of business models:
- Time Based: A model where you swap your limited hours for dollars.
- Product Based: You create products to do your coaching and those products are independent of you.
- Hybrid Based Model: A combination of time and product based model.
- License Based Model: A model where you create other coaches and certifications.