This will help you stop wasting time chasing bad leads or working with clients that cause more headaches than they are worth. So by learning how to step out from underneath your business, you’ll have more resources to devote to driver #2: Profit driver #2 Your ideal client. TAKE ACTION: Create a spreadsheet (or download our template here) and log your tasks into the 4 buckets and hire a VA. This one exercise saved this person 50% of their time. Then hire a Virtual Assistant (VA) to handle all the tasks in column b).Categorise them into the following columns a) What you can eliminate b) What you can delegate c) What you can automate d) What you can do.Log all their tasks for a week in a excel spreadsheet.I had a client who was continually apologising for missing actions and deadlines. You actually need to remove work from you. You don’t need to pile more onto your plate. Why take 5 years when you can fast track your success from applying what I learnt the hard way? Profit driver #1 Personal productivity. If you’re an ex corporate/career person running your own business and working 70+ hours/week, earning a fraction of what you did at your old corporate job, then these five profit drivers can help change your life. I went from 60+ hour workweeks to having the freedom to take an 8-week vacation with my wife and kids through Europe. Within 6 months, I achieved my revenue goals and pushed back the move to corporate. I also learnt by listening to other people on the call going through the same process. This accountability was exactly what I needed. Then the coach gave his advice on what to do and I committed to one action for next week. We then had a weekly call where I updated the group on my one action from last week, my biggest win and my key challenge. I was shocked how hard I was working on the wrong things! There are 5 key focus areas which give you the power to stop wasteful activities. It helped me reflect and see my business from a new perspective.įrom this, we came up with 5 key focus areas which gave me the power to stop wasteful activities. The first step was to answer a series of questions on what I wanted to achieve, why I wanted to achieve it and what I was currently focused on. It was led by a successful business owner who had gone through exactly what we were struggling with and had come out the other side. I joined a group of like-minded business owners in a paid mastermind. I was desperate to make it work and I reached out for some help. On the positive side, it was the push I needed to finally pursue my dream of running my own business.Īfter years of grinding without paying myself, I hit a fork in the road. This forced me to leave my job as a Director of Coca-Cola. In 2011, I was diagnosed with a non-fatal kidney disease. You could say they were valuable lessons learnt, however many were purely due to stubbornness and pride. It took me 5 long years with many wrong turns and missed opportunities. Making enough money to pay everyone except yourself? Read this. I made enough money to pay everyone except myself and I began to wonder if starting my own business was a mistake. I wound up working way more hours than I did in my corporate job. It was fresh and exciting.īut little-by-little, things took a turn. I got to work from home, make my own schedule, and spend more time with friends and family. It was either courageous or as my wife said – damn stupid!!Īt first, it was great. I had a successful career in the corporate world and left to start my own company. We are in the era of startups – full of exciting changes and new opportunities, however with the potential for success also comes challenges. This is a guest post from Paul Higgins, founder of Build Live Give. Profit driver #5 Your high performing teamįinding yourself spinning your wheels being “busy” but going nowhere fast? Read on to learn the 5 drivers to fast track your business growth.Profit driver #4 Sales – maximize your profits.Profit driver #3 Your perfect business model.Profit driver #1 Personal productivity.Finding yourself spinning your wheels being “busy” but going nowhere fast? Read on to learn the 5 drivers to fast track your business growth.
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