‘The Five Day Challenge’ - Developing Your Purpose
In this episode hear about day two of the ‘5 day challenge’ on how to create your strategic plan to at least double your business in 2022
Today is all about developing your purpose and deciding on the three key metrics that you want to track in your business
There is great content about how to decide on your purpose and what contributes to the headline metrics you track, listen in to hear more
KEY TAKEAWAYS
Vision is made up of vision, purpose, mission and values Money is nothing other than the measure of the value you create for other people If you want to generate more money and income in your life you need to find more ways to create value Revenue is the first number we track as well as number of tickets sold and the number of clients who are actively working with us Decide on the three metrics you want to track in your business If you are in the early stages of your business (phase one) set your mission numbers for the next year The bigger the business the further in advance you should be looking Create a mission statement that summarises your growth plan The key metrics used should be the highest level measurements of success in your business Growth is best if its stable and builds on good foundations Success for some people is doing what you love and being able to earn a living from it It’s about impact and legacy You have to decide what financial target is right for you
BEST MOMENTS
‘Our purpose is developing people’
‘Profitability is a complex area’
‘It’s absolutely possible to double your business year on year until you get to around a million in revenue’
VALUABLE RESOURCES
https://keapnow.com/empirebuilders
ABOUT THE HOST
Nick James
Nick dropped out of university at the age of 21 and failed spectacularly with his first coaching business, which forced him to take a £16k/yr telesales job.
Within 12 months he was the top performer and left to start his second business at 24. This time he discovered a winning formula and before long had a multi-six-figure company.
He then made a huge mistake which nearly put him out of business and cost him £50,000 in personal cash!
Fortunately, Nick kept it afloat, turned it around, and sold that business 2 years later in a seven-figure deal.
He then co-founded a multi-million-pound marketing company, which he exited in 2015, and created Expert Empires.
Today, Expert Empires is known as the UK's number one business event for Experts, with world-renowned celebrity speakers like Gary Vaynerchuk, Grant Cardone, Chalene Johnson, David Goggins, and Lewis Howes gracing the stage.
Nick also specialises in helping Coaches, Consultants, Speakers, Trainers, and Authors take their businesses from zero to six figures and beyond through his Expert Empires Mastermind programme.
