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Titanium Life Podcast Episode 34: Create Systems so Your Business Can Run Without You

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creating efficient business systems is a crucial part of business success. I introduce my "run your business from an island test", which is designed to test the efficiency of your business systems.

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Titanium Life Podcast Episode 34: Create Systems so Your Business Can Run Without You

  1. 1. Episode 34 • How efficient are your business systems? • They should be efficient enough so your business can run without you. • A key performance indicator (KPI) dashboard is how you make it happen. Business Coaching Inquiries: (844) 884-8264 | titaniumsuccess.com Create Systems So Your Business Can Run Without You
  2. 2. vV Would You Drive Your Car Without a Gas Gauge? Business Coaching Inquiries: (844) 884-8264 | titaniumsuccess.com • We take the gas gauge in our cars for granted. • We don’t realize how important it is until it breaks. • You never know when you’ll be on empty. • This will make you stop for gas way more often. • No matter how much you fill up, you’ll run out one day. • Does this sound like how you run your business?
  3. 3. vV You Need a Dashboard for Your Business Business Coaching Inquiries: (844) 884-8264 | titaniumsuccess.com • Are you putting in more effort than you should, yet still falling short? • It’s because you don’t have a KPI dashboard. • Your dashboard in your car is an example of a KPI dashboard.
  4. 4. vVEven Your Body Has KPIs Business Coaching Inquiries: (844) 884-8264 | titaniumsuccess.com • Your KPIs should tell you where you need to “dig deeper.” • The KPIs for your body that the doctor takes each visit are: • Heart rate • Blood pressure • Breathing rate. • They start with these three because they are easy to track and measure. • They also give health professionals the most diagnostic information.
  5. 5. vV Choosing the Right Key Performance Indicators Business Coaching Inquiries: (844) 884-8264 | titaniumsuccess.com • Let’s go back to the car dashboard to show the type of KPIs you should choose. • On the car, you have the: • Gas gauge • RPM gauge • Temperature gauge • Speedometer. • The car dashboard tells you everything you need to know about the car’s health. • It’s simple to use. • Your KPI dashboard for your business needs to be the same.
  6. 6. vVDon’t Try to Track Too Many Things Business Coaching Inquiries: (844) 884-8264 | titaniumsuccess.com • Most of you will try to track too many things. • Keep looking at your car dashboard when creating a KPI dashboard. • try to create something similar. • Your first goal is to identify your 3 most critical KPIs. • Then you’re ready for the “Run your business from an island” test
  7. 7. vV The “Run Your Business From an Island” Test Business Coaching Inquiries: (844) 884-8264 | titaniumsuccess.com • Here’s how the test works. • Imagine you are on a remote island. • You have 1 minute of internet access a day to run your business. • You get 30 seconds at 8 am and another 30 seconds at 8:09. • How would you use this time to run a successful business?
  8. 8. vVHow to Pass the Island Test Business Coaching Inquiries: (844) 884-8264 | titaniumsuccess.com • You need to have systems set up that are at peak efficiency. • Are you an artist or entrepreneur CEO type? • Bring on an Operator to help you build efficient systems. • Once you have your systems down you need a brilliant KPI dashboard. • Your three main KPIs need to measure the health of your business.
  9. 9. vV What the Island Test Tells You About Your Business Business Coaching Inquiries: (844) 884-8264 | titaniumsuccess.com • Passing the island test means your systems are at peak efficiency. • Failing the island test means your system needs work. • Schedule a business coaching session to learn how to create business systems that let your business run without you.
  10. 10. BUSINESS DOWN TO A SCIENCE Listen & subscribe using your favorite podcast app on iTunes, Android or PC: ATruly Life-Changing Force for Business Owners Business | Health | Wealth | Relationships | Happiness Business Coaching Inquiries: (844) 884-8264 | titaniumsuccess.com

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