6 Steps to a Better Business Zahid Khan Certified Business Coach ActionCOACH ActionCOACH - The Worlds #1 Business Coaching Firm
ActionCOACH definition of a REAL business… A commercial, profitable enterprise that can work without you ! ActionCOACH - The Worlds #1 Business Coaching Firm
Six Steps to a better business M TIME, TEAM, MONEY A Owner’s Personal Results S Growth and /or New Businesses S I Synergy A Well Oiled V Machine E Team Structure for Growth R Leverage E Efficiency S U Niche Predictable Cash L Flow T Mastery S Eliminate Chaos ActionCOACH - The Worlds #1 Business Coaching Firm
4 areas you’ll need to Master: Money DESTINATION DESTIN TION Time Delivery MONEY MONEY Destination TIME TIME DELIVER DELIVERY ActionCOACH - The Worlds #1 Business Coaching Firm
The power of written goals… Written 3% Verbal Goals 13% No Written or Verbal Goals or Plan 84% 3% with written goals had 10 times the wealth of the remaining 97% combined after 10 years SOURCE: Mark McCormack, What they Don’t Teach You at the Harvard Business School, 1986 ActionCOACH - The Worlds #1 Business Coaching Firm
ActionCOACH - The Worlds #1 Business Coaching Firm
Build yourself a Business Dashboard ActionCOACH - The Worlds #1 Business Coaching Firm
ActionCOACH - The Worlds #1 Business Coaching Firm
ActionCOACH - The Worlds #1 Business Coaching Firm
ActionCOACH - The Worlds #1 Business Coaching Firm
Your MOST valuable asset is… TIME How you invest your time is one of the keys to business success ActionCOACH - The Worlds #1 Business Coaching Firm
MOST IMPORTANT PARETO PRINCIPLE There will always be too much to do. Focus on the most important, highest impact tasks first (20%) rather than the trivial many (80%) ActionCOACH - The Worlds #1 Business Coaching Firm
Not urgent Urgent Important Important Importance The Zone Urgent Not urgent Not important Not important Delusion Distraction Urgency ActionCOACH - The Worlds #1 Business Coaching Firm
The classic Business Owner challenge..... how many hats do you wear? Strategist Leader Technician Sales Marketing Finance HR Administrator Delivery ActionCOACH - The Worlds #1 Business Coaching Firm
LAWYERS In what chunks of time do leading corporate lawyers bill their clients? 6 minutes ! What’s their ‘average’ rate per hour? £450 an hour …so £45 per 6 minutes ActionCOACH - The Worlds #1 Business Coaching Firm
The Line of Choice Ownership Accountable Responsible Blame Excuses Denial ActionCOACH - The Worlds #1 Business Coaching Firm
Action • Destination - Vision – Business Plan • Financial – know your numbers – monitor and review • Time – value your time – what are you worth? ActionCOACH - The Worlds #1 Business Coaching Firm
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