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4. Meeting Rhythm The only way we’ve found to consistently spend enough time creating the future of your business is to utilize an effective meeting rhythm. The discipline of a good meeting rhythm perfectly complements the intentionality of setting the vision. Long-Term Planning Pays Off When the businesses we work with implement these concepts, they are rewarded with more clarity, purpose, freedom, peace, and even fun.
In last month’s article, we shared that the Elite Business Growth Method works to help address the common pain points of growing a successful busi- ness beyond the $1 million annual revenue mark. Here’s a recap. 1. Vision Jim Collins teaches that the No. 1 responsibility of a leader is to “set the vision.” Setting the vision includes getting total clarity on the purpose, the values, and the mission of your business. 2. Short-Term ‘Operational Excellence’ The operational side of your business is all too famil- iar — it is truly what we mean by being “lost in the weeds”: getting and serving customers, reconcil- ing bank statements, scrambling to make payroll, etc. Every minute spent working in the business means one less minute dedicated to working on the business. 3. Long-Term ‘Strategic Progress’ This is the business-building work that must be done to move beyond the seven-figure business mark — and the easiest to neglect. Ideally, you would allo- cate about 20% of your team’s collective focus, time, and energy to creating the future of your business.
This month, we’ll talk about the importance of long-term planning and how, by dedicat- ing time and energy into orga- nizing the work and determin- ing who you will need on your team, you will reduce overload and have more time to work on your business. I recently interviewed Lisa MacQueen for our “Elite En- trepreneurs” podcast. Lisa is CEO of Australia-based CleanCorp and was the 2014
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