6 Steps to a Better Business - PSNC Main site · 6 Steps to a Better Business Zahid Khan Certified...

6 Steps to a Better BusinessZahid 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!


MASSIVE

RESULTS

Results

Synergy

Team

Leverage

Niche

Mastery Eliminate Chaos

Predictable Cash Flow

Efficiency

Structure for Growth

A Well Oiled Machine

Owner’s Personal Growth and /or New Businesses

Six Steps to a better business

TIME, TEAM,

MONEY


Money Time Delivery Destination

4 areas you’ll need to

Master:

DESTINATION

MONEY

TIME

DELIVERY

ActionCOACH - The Worlds #1 Business Coaching

Firm

http://www.google.co.uk/url?sa=i&rct=j&q=&esrc=s&frm=1&source=images&cd=&cad=rja&docid=7bJAQVGE-pAH5M&tbnid=GnGSI3WqGvzmBM:&ved=0CAUQjRw&url=http://mytheoblogy.wordpress.com/2013/01/16/a-high-self-esteem-causes-insecurity/&ei=My5DUpeWI9GLhQe38YCQCA&bvm=bv.53077864,d.ZG4&psig=AFQjCNF0_iLL5vIUue4JHZxuZ0MLF8HEYg&ust=1380220742579377

The power of written goals…

No Written or Verbal Goals or Plan

Verbal Goals

Written

3%

13%

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


Build yourself a Business Dashboard


TIME

Your MOST valuable asset is…

How you invest your time is one of the

keys to business success


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%)

MOST IMPORTANT



Not urgent Important

Not urgentNot important

UrgentNot important

Urgent Important

Imp

ort

ance

Urgency

Distraction

The Zone

Delusion

HR Administrator

Sales Marketing

Strategist Leader

Delivery

Finance

Technician

The classic Business Owner challenge.....how many hats do you wear?


LAWYERSIn what chunks of time do

leading corporate lawyers

bill their clients?

What’s their ‘average’ rate

per hour?

6 minutes !

£450 an hour

…so £45 per 6 minutes


BlameExcusesDenial

The Line of Choice

OwnershipAccountableResponsible


Action

• Destination - Vision – Business Plan

• Financial – know your numbers – monitor and review

• Time – value your time – what are you worth?


6 Steps to a Better Business - PSNC Main site · 6 Steps to a Better Business Zahid Khan Certified...

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