Simple Strategies for Growing Your Business - PowerPoint PPT Presentation

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Simple Strategies for Growing Your Business

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#86 - In this episode, Travis speaks with successful entrepreneur Michael Michalowicz. Michael is a best-selling author and business owner, who established businesses and was even able to sell one business for millions of dollars. His experiences made him who is now and he gladly shares what he went through and how entrepreneurs could learn from his past mistakes. Travis and Mike share their secrets to success and how to make businesses thrive through hard work and dedication to your business. According to Mike, an entrepreneur should first find their purpose in establishing their business and then finding a niche where they can concentrate their efforts and resources on. – PowerPoint PPT presentation

Number of Views:332
Updated: 12 August 2014
Slides: 20
Provided by: EntrepreneursRadio

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Title: Simple Strategies for Growing Your Business


1
Simple STRATEGIES FOR GROWING YOUR BUSINESS
  • How to know what is and is not working in your
    business
  • Episode 86 with Travis Lane jenkins and Michael
    Michalowicz

2
Levels of Growth
  • the early stages of entrepreneurship is selling
    and doing
  • - once you start selling then you have to
    deliver on what you're doing.

3
Levels of Growth
  • the next level is sell-manage
  • - Have someone else do the selling and someone
    else do the doing
  • - You have to do the managing,
  • - the management of the culture,
  • - the systems behind the scenes.

4
Levels of Growth
  • Financial success isn't top line, it's actually
    profitability.
  • The ultimate success I have found for myself is
    defining my life's purpose and having my business
    be an expression of it.

5
From Passion Level to Purpose Level
  • First, discover your lifes purpose there is a
    purpose greater than making money.
  • Ask yourself the question
  • What is my life's purpose?

6
From Passion Level to Purpose Level
  • Its the depths that brings clarity in life
  • When you're on your knees there's no room for BS.

7
Life is About Contribution
  • Its not just how much money you have
    chest-pounding thing.
  • It's giving the most of who you are, it's
    sincerely contributing, it's authentically
    contributing to others, giving all ourselves.
  • We have to form a business that's about
    contribution and generates revenue so we can
    further contribute.

8
Are you Dr. Frankenstein?
  • We become enslaved to this business that we
    founded and do everything just to keep feeding
    the monster.

9
FINDING SUCCESS
  • Have a clarity of vision
  • Evaluate what youre doing
  • Find a platform where you can define success

10
FINDING SUCCESS
  • The skill set that you need to go into
  • business is not the skill set normally that makes
    you successful.

11
FINDING SUCCESS
  • It is the ultimate way to discover yourself
  • Learn from your failures
  • A vision is where your impact is heading
  • Having no plans is reckless

12
Purpose-driven Business
  • Success is an amalgamation of have a life's
    purpose, authentically be yourself, and have
    money to sustain it, and grow it.

13
STEPS TO SUCCESS
  • Step 1
  • Less Planning, More Action
  • A little less planning, a little more action,
    because the learning is in the doing.

14
STEPS TO SUCCESS
  • Step 2
  • You got to have a clarity of vision.
  • What is your purpose
  • What's the impact you're trying to have?

15
STEPS TO SUCCESS
  • Step 3
  • Have to do interim/short term planning
  • Quarterly Planning or tracking

16
STEPS TO SUCCESS
  • Step 4
  • Awareness that different is better.
  • A lot of entrepreneurs think better is better.
  • And from the customer's perspective, better is
    not better, different is better.

17
STEPS TO SUCCESS
  • Step 5
  • Start journaling
  • A journal is a great, great powerful outlet.
  • It lets it out, it gives an amazing amount of
    release.
  • Journaling is a powerful, easy way to get
    yourself free and focused.

18
  • listen to the full interview at
  • theEntrepreneursRadioShow.com

19
  • the entrepreneurs radio show
  • Conversations with Self-made Millionaires
  • High-level Entrepreneurs that
  • Grow Your Business
  • a production of
  • Rock Star Entrepreneur Network
  • www.rockstarentrepreneurnetwork.com
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