HOW-TO: Accelerate Your Business in 2014 (by Keeping a Business Journal)

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One of the best things you can do to create and boost momentum for your company is to keep a business journal. From Benjamin Franklin to Richard Branson, many successful entrepreneurs swear by it. Join us for a 1 hour workshop about creating a simple business journal system that can skyrocket your 2014!

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HOW-TO: Accelerate Your Business in 2014 (by Keeping a Business Journal)

  1. 1. How to Accelerate Your Business by Keeping a Journal Less Overwhelm, More Self-Assurance +Chris Mohritz | chris@mohritz.co | #IdeaToOperations
  2. 2. OUR JOURNEY ● ● ● ● ● The norm Pain points Looking to change Making it better Get started We’ll jump right in Feel free to ask about my background after session
  3. 3. WHAT’S THE NORM?
  4. 4. A DAY IN THE LIFE ● ● ● ● ● ● ● ● ● Information overload Lack of clarity & focus (due to overwhelm) Too busy for more productive habits Knowledge comes & goes Lessons-learned come & go Inefficient staff turnovers Second-guessing decisions Erratic momentum Motivation struggles (“why am I doing this?”)
  5. 5. WHERE ARE THE PAIN POINTS?
  6. 6. COMMON PROBLEMS ● ● ● ● ● ● ● ● ● There's too much to remember A lot slips through the cracks Repeating past mistakes Sending good money after bad Duplicated effort Knowledge lost Less-than-harmonious staff Indecisiveness Slow execution
  7. 7. WHAT’S MISSING?
  8. 8. THINGS WE CAN CHANGE ● ● ● ● ● ● ● Need focus time to think things through Need “success habits” Need daily inspiration (reinforce progress) Needs to be consistent Need a “paper trail” for troubleshooting Need to capture lessons-learned Need habit of self-assurance
  9. 9. WHERE CAN WE MAKE IT BETTER?
  10. 10. CLOSING THE GAP ● ● ● ● ● ● ● ● ● Keep a record of your journey Consistency Momentum Compounding progress (accelerate growth) No second-guessing (nimble & decisive) Record of what worked, what didn't work Daily inspiration Efficient use of marketing resources Easier capital (investors ❤ journals)
  11. 11. LEVERAGE THE INFORMATION ● ● ● ● ● ● Create “real” business plan Turnover to CEO Turnover for merger or acquisition Staff turnover (training) Greater ROI marketing (SEO) Greater ROI operational changes
  12. 12. ORGANIZATION WIDE ● Works for staff status reports as well (gold)
  13. 13. GETTING STARTED
  14. 14. DEVELOP THE HABIT ● ● ● ● ● ● Daily is ideal (weekly is fine to start) Put it in your (daily) to-do list End each entry on a high note Quickly becomes addictive Periodically review entries (weekly) Keep it fun and relaxed
  15. 15. Reinforce what you learned Clarify your decisions Celebrate your accomplishments Set tomorrow up for success
  16. 16. OPTION #1: TYPE IT { GOOD } ● Blogger, Wordpress.com, etc. ● “noindex” if Internet accessible ● Password protected
  17. 17. OPTION #2: WRITE IT { BETTER } ● Handwritten ● Can be paper or tablet/phone
  18. 18. OPTION #3: SPEAK IT { BETTER YET } ● Can be hand recorder, PC, or tablet/phone
  19. 19. OPTION #4: VIDEO IT { BEST } ● Can use webcam or external camera ● Can store as “private” on YouTube
  20. 20. RECAP ● ● ● ● Use a checklist Its all about the focused thinking time Make it a habit Leverage the information (everywhere)
  21. 21. Questions? Feedback? chris@mohritz.co

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