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Wheel	
  Of	
  Business	
  
Part	
  1	
  of	
  6	
  
Series Overview
Wheel	
  Of	
  Business	
  	
  
Opera5ons	
  	
  
Management	
  
Marke5ng	
  
&	
  Sales	
  	
  
Emo5onal	
  
Intelligence	
  
Leadership	
  
Strategic	
  
Thinking	
  &	
  
Planning	
  
The	
  Wheel	
  of	
  Business	
  is	
  a	
  coaching	
  tool	
  to	
  help	
  you	
  assess	
  where	
  you	
  are	
  in	
  your	
  
business	
  right	
  now.	
  The	
  eight	
  sec5ons	
  in	
  the	
  wheel	
  represent	
  areas	
  in	
  your	
  business	
  
to	
  be	
  balanced.	
  
DIRECTIONS:	
  
Regard	
  the	
  center	
  of	
  the	
  wheel	
  as	
  0	
  and	
  the	
  outer	
  edge	
  as	
  10,	
  rank	
  your	
  level	
  of	
  
sa5sfac5on	
  with	
  each	
  area	
  by	
  drawing	
  a	
  curved	
  line	
  to	
  create	
  a	
  new	
  outer	
  edge	
  (see	
  
sample	
  below).	
  The	
  new	
  perimeter	
  of	
  the	
  circle	
  represents	
  your	
  Wheel	
  of	
  Business	
  
at	
  this	
  5me.	
  How	
  bumpy	
  would	
  the	
  ride	
  be	
  if	
  this	
  were	
  a	
  real	
  wheel?	
  
Michael	
  Gerber’s	
  Model	
  	
  
Technician	
   Manager	
   Entrepreneur	
  
Book:	
  E-­‐myth	
  Revisted	
  	
  
•  What you WANT
•  What you MUST have in
place
•  A Road MAP 
•  How to Succeed 
UNDERSTANDING YOUR BUSINESS!
Technology & Cultural Changes
3	
  –	
  5	
  year	
  plans	
  are	
  some5mes	
  created	
  in	
  a	
  way	
  that	
  will	
  make	
  them	
  redundant	
  within	
  
months	
  –	
  you	
  need	
  flexibility	
  given	
  technology	
  changes,	
  	
  
Crea5ng	
  your	
  plans	
  around	
  the	
  constant	
  pillars	
  of	
  business	
  are	
  cri5cal	
  	
  
Focusing on Marketing, Sales & Delivery in the early
days will allow you to get proficient in getting the
client.
•  Back-end – Planning, Forecasting
‘Measure Twice cut Once’ 
•  Front-end – Marketing & Sales, Operations
DUAL EDGED!
What Aspects of the business
need to be measured?
•  Why 
•  What 
•  How 
•  KPI’s
Set your business up as if you intend to sell it
MARKETING & SALES!
•  Recognizing Market desires 
•  Identifying Marketing opportunities
•  Creating a strategic plan of activity
OPERATIONS MANAGEMENT !
•  Accounts 
•  OH&S
•  Legalities
•  Customer Service
•  E-commerce
•  Technology
•  Project Management 
•  Administration etc
etc
EMOTIONAL INTELLIGENCE!
•  Success Principles
•  Cause & Effect – Know your
Outcome – Get what you Focus on
- 
•  Self Acuity
•  Self Regulation
•  Motivation 
•  Empathy 
•  Social Skills
MANAGING PEOPLE !
1.  Identifying outsourcing
opportunities 
2.  Recognizing
stakeholders 
3.  Managing outcomes
STRATEGIC THINKING & PLANNING !
Vision – Purpose of why the
organization exists
Mission – Objective for what the
organization exists to accomplish
Values
•  Values of you as the business
owner
•  Values of the organization
Ques5ons	
  and	
  Answers	
  
Questions, Comments or Clarification?
Contact Maverick Mentoring For Business
Email: peter@maverickmentoringforbusiness.com.au
Phone: 61 3 9005 8275

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Wheel of business part 1 of 6 overview

  • 1. Wheel  Of  Business   Part  1  of  6   Series Overview
  • 2. Wheel  Of  Business     Opera5ons     Management   Marke5ng   &  Sales     Emo5onal   Intelligence   Leadership   Strategic   Thinking  &   Planning   The  Wheel  of  Business  is  a  coaching  tool  to  help  you  assess  where  you  are  in  your   business  right  now.  The  eight  sec5ons  in  the  wheel  represent  areas  in  your  business   to  be  balanced.   DIRECTIONS:   Regard  the  center  of  the  wheel  as  0  and  the  outer  edge  as  10,  rank  your  level  of   sa5sfac5on  with  each  area  by  drawing  a  curved  line  to  create  a  new  outer  edge  (see   sample  below).  The  new  perimeter  of  the  circle  represents  your  Wheel  of  Business   at  this  5me.  How  bumpy  would  the  ride  be  if  this  were  a  real  wheel?  
  • 3. Michael  Gerber’s  Model     Technician   Manager   Entrepreneur   Book:  E-­‐myth  Revisted    
  • 4. •  What you WANT •  What you MUST have in place •  A Road MAP •  How to Succeed UNDERSTANDING YOUR BUSINESS!
  • 5. Technology & Cultural Changes 3  –  5  year  plans  are  some5mes  created  in  a  way  that  will  make  them  redundant  within   months  –  you  need  flexibility  given  technology  changes,     Crea5ng  your  plans  around  the  constant  pillars  of  business  are  cri5cal    
  • 6. Focusing on Marketing, Sales & Delivery in the early days will allow you to get proficient in getting the client. •  Back-end – Planning, Forecasting ‘Measure Twice cut Once’ •  Front-end – Marketing & Sales, Operations DUAL EDGED!
  • 7. What Aspects of the business need to be measured? •  Why •  What •  How •  KPI’s
  • 8. Set your business up as if you intend to sell it
  • 9. MARKETING & SALES! •  Recognizing Market desires •  Identifying Marketing opportunities •  Creating a strategic plan of activity
  • 10. OPERATIONS MANAGEMENT ! •  Accounts •  OH&S •  Legalities •  Customer Service •  E-commerce •  Technology •  Project Management •  Administration etc etc
  • 11. EMOTIONAL INTELLIGENCE! •  Success Principles •  Cause & Effect – Know your Outcome – Get what you Focus on - •  Self Acuity •  Self Regulation •  Motivation •  Empathy •  Social Skills
  • 12. MANAGING PEOPLE ! 1.  Identifying outsourcing opportunities 2.  Recognizing stakeholders 3.  Managing outcomes
  • 13. STRATEGIC THINKING & PLANNING ! Vision – Purpose of why the organization exists Mission – Objective for what the organization exists to accomplish Values •  Values of you as the business owner •  Values of the organization
  • 14. Ques5ons  and  Answers   Questions, Comments or Clarification? Contact Maverick Mentoring For Business Email: peter@maverickmentoringforbusiness.com.au Phone: 61 3 9005 8275