‘The Five Day Challenge’ – Start Your Strategic Thinking Process
Nick looks at the strategic thinking process on day three of the ‘5 Day Challenge’ on how to create your strategic plan to at least double your business in 2022
It’s all about the strategic thinking process that needs to happen before you create your plan and Nick not only shares the process but also the six questions that you need to ask.
He has developed a process for strategic thinking that means you get a full 360” degree view of your business providing invaluable information that you can use to effectively plan in a way that will impact positively on increasing your revenue, listen in to get started and hear about opportunities with the upcoming Mastermind intensive training
KEY TAKEAWAYS
This process means you can review everything and know what the most poignant issues are What are your biggest achievements so far this year – what’s worked What have you done before that worked well that you’ve now forgotten to do? Identify the things that have been working You need to reflect on what’s already happened Focus on the lessons you have learnt What are your strengths? and your areas for improvement, think internally What are the biggest opportunities available to you, think externally This is about well-rounded thinking What are the biggest threats for you externally? Things that are outside of your control Planning should be done on an annual basis and reviewed quarterly This is the auditing process for the organisation, the answers to the six questions provide the information for the next step in the process Getting really clear on the biggest issues and priorities means you can create a really effective plan This is the prework that feeds into the planning process, it’s this process allows you to be strategic
BEST MOMENTS
‘This process means you get a very well rounded view of your business’
‘The immediate impact of this process was we did more in revenue in a 3 month period than we had in the 12 months previously and in the next year we broke through the ceiling into seven figures’
‘We take stock, review progress and look at what we can do better every quarter’
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.
