the business journey can be divided into · 2016-05-12 · the business journey can be divided into...
TRANSCRIPT
The Business Journey can be divided into general phases that reflect the progress and next steps for heart-centered entrepreneurs.
What you will learn from this session:● Understand the purpose of the 7 Chakra Business Model
● Pinpoint exactly where you are on the business journey
● Identify the activities you should be focused on (and what you SHOULD
be ignoring!)
● Find out exactly what you need to focus on in your business to take it to
the next level.
Fixing The Biggest Problem For Business Owners
● Information overload● Not knowing what is appropriate for YOUR stage of business● Every piece of business advice only works for certain stages of business
EXAMPLES:
● Email platforms● Jim Collin’s “Level 5 Leadership”
So… Where are YOU on the
Business Journey?
THE SEED STAGE
RED : ROOT CHAKRA
Big Focus: Starting PointWho Is This For: To Help MyselfYour Big Question:How can I make my life look more like what I want? More control, more passion, more opportunity to help, make things better for my family?What Big Issues: Don’t know WHAT you want to doWork/Life Balance: Play with determination, follow your curiosity.Mindset: Sitting with the question - what do I have?Books & Resources: I Could Do Anything If Only I Knew What It Was & Refuse To
Choose by Barbara SherBig Magic - Liz GilbertArtist’s Way - Julia CameronDiscover Your Life’s Wisdom - Academy
ORANGE: SACRAL CHAKRA
Big Focus: Economic ModelWho Is This For: To Help MyselfYour Big Question:How can I make money from my passion?What Big Issues: Don’t know who will buyWork/Life Balance: Hustle With Mindfulness + BoundariesMindset: Mine for the gold + try out different income streamsPricing: Decide on pricing to begin - costs/current marketAccounting: Begin recording expensesBooks & Resources:
Business Goddess e-course“One Minute Millionaire”
YELLOW: POWER CHAKRA
Big Focus: The First ClientsWho Is This For: To Help MyselfYour Big Question:How do I find the clients I need to share my gift?What Big Issues: Don’t know how to get people to buy or learn how to market to
build clienteleWork/Life Balance: Hustle With Mindfulness + BoundariesMindset: YES to everythingPricing: Low-end pricing to beginAccounting: Keep all receipts.
Find an accountantOpen separate bank accountUse Magic Money Maker Kit monthly
Resources: “Fully Booked” - Michael PortBusiness Goddess 2.0 e-course (Academy)
Leonie shares:
Her business story of the SEED phase.
Q & A
THE SAPLING STAGE
GREEN: HEART CHAKRA
Big Focus: $40 000 a year
Who Is This For: Help My Family
Your Big Question:How do I focus on the things that bring my passion and income together?
What Big Issues: Don't know HOW to grow a business beyond fully bookedNeed passive income streamsNeed first level of support (i.e. VA)Start creating wikiIncrease prices OR release passive productsNeed to quit your job
GREEN: HEART CHAKRA
Work/Life Balance: Start applying brakes. Seasons of craziness. Moving forward hinges on time reflecting.
Passive Income: Identify possibilities and begin testing potential streams of passive income.
Mindset: Pay attention to Pareto's Law - what 20% of your activities is giving you 80% of your results?
Staff: First level VA support
GREEN: HEART CHAKRA
Pricing: Consider price increase OR passive income streams
Accounting: Keep all receipts.Find an accountantOpen separate bank accountUse Magic Money Maker Kit monthly
Resources: Double Your Biz program (in Academy)Shining Six Figure Team (in Academy)10 Steps To Building A Million Dollar Company "E-myth Revisited" - Michael Gerber"Beyond Booked Solid" - Michael Port"Multiple Streams of Coaching Income" - Andrea J Lee
BLUE: THROAT CHAKRA
Big Focus: 6-figure
Who Is This For: Help My Family
Your Big Question:How do I become a good custodian of this income?
What Big Issues: Date employeesRelease employees that don't fit back into the wild respectfullyDevelop standards around what you want
BLUE: THROAT CHAKRA
Work/Life Balance: SELF CARE = OPTIMAL
Passive Income: Decide on one passive income stream or multiple. Eitherincrease prices for services or wean off entirely.
Mindset: Start saying NO more often. Say YES + NO with intention.
Staff: Start building team, date, use contractors, find people you work well with.
BLUE: THROAT CHAKRA
Pricing: Experiment with pricing to find the continuum that bears most profit.
Accounting: Financial advisorQuarterly accountant appointmentsXero/accounting software
Resources: Double Your Biz program (in Academy)10 Steps To Building A Million Dollar Company (in Academy)Shining Six Figure Team (in Academy)"Good to Great" - Jim Collins "The E-myth Revisited" - Michael Gerber"The Entrepreneur's Trap" - Tina Forsyth
THE OAK STAGE
PURPLE: THIRD EYE
Big Focus: 7 Figures
Who Is This For: To help my community
Your Big Question: How do I build a solid, steady, lasting business?
What Big Issues: Permanent, functional teamCOOSystemsIncreased income = increased expensesCashflow
Work/Life Balance: Self care = critical
PURPLE: THIRD EYE
Mindset: Say NO more than YES
Pricing: Keep going with what works
Passive Income: No services offered. Entirely PI.
Staff: Continue optimising and building a permanent team
Accounting: 1. Cashflow savvy2. Setting the company + self up for lasting financial freedom
Resources: "Scaling Up" - Verne Harnish"How The Mighty Fall" - JimboJimbob CollinsDouble Your Biz program (in Academy)
INDIGO: CROWN CHAKRA
Big Focus: Legacy, philanthropy, giving back
Who Is This For: Help the World
Your Big Question:How do I fulfill my purpose?
What Big Issues: Staff retentionMasterful oversight of companySell company? Keep as passive income? Move into philanthropy? Or is company your vessel for your purpose?
INDIGO: CROWN CHAKRA
Work/Life Balance: SELF CARE = A NON-NEGOTIABLE NORMAL
Passive Income: No services offered. Entirely PI.
Mindset: Independent Direction
Staff: Continue optimising and building a permanent team
INDIGO: CROWN CHAKRA
Pricing: Become more scientific - test, demonstrate value/ROI
Accounting: Business & Personal wealth building.Success planning
Resources: "Scaling Up" - Verne Harnish "How The Mighty Fall" - Jim Collins
Q & A