An introduction to ActionCoach
- 1. Because being in business should give you more life….
- 2. • We are the “World’s No.1 Business Coaching Firm” • We have 100’s of Coaching Offices in 50 countries world-wide … • Privately owned and founded by Brad Sugars, an Entrepreneur with a Multi – Million net worth … • We coach over 15,000 businesses each week across USA, UK, Australia, New Zealand, Malaysia, South Africa, France, Canada and Mexico… • Our Vision is to create “World Abundance through Business Re-Education …”
- 3. • Work with business owners and their teams to achieve the owner’s goals, improve sales and profit, cash, time… • Wealth of commercial experience, committed to helping others fulfil their potential • Manufacturing, Retail, Engineering, Trades, I.T., Printers etc……all and any businesses • Married 25 years, 3 girls, skier, sports fan…..taxi service!
- 4. EntrepreneurEntrepreneurEntrepreneurEntrepreneur TechnicianTechnicianTechnicianTechnician ManagerManagerManagerManager Gerber’s The E Myth 80 : 80 : 4 Kiyosaki’s Cashflow Quadrant
- 6. R.O.E – RETURN ON EFFORT
- 8. &
- 9. R.O.E – REWARD ON EFFORT
- 10. MM AA SS SS II VV EE RR EE SS UU LL TT SS Owner’s Personal Growth and /or New Businesses A Well Oiled Machine Structure for Growth Efficiency Predictable Cash Flow Eliminate Chaos Stability Cash TimeGeneral Manager Passive Incomeor SaleofBiz
- 11. A Commercial, Profitable, Enterprise - that works - without YOU!
- 12. • If you were to know……., what would your future look like? • Where are you now? • What’s getting in the way, slowing you down, stopping you getting to where you want to be? So, let’s think about your business…
- 13. 9 am – 11.45 am Friday 29th April Needham House Hotel, Little Wymondley
Editor's Notes
- #2: Destination Mastery – do you know what success looks like? To some it might be this? Flip Chart – BE x DO = HAVE
- #3: We are the World’s No.1 Business Coaching Firm Started by Brad Sugars – not American / worse he’s Australian Trained Accountant, but not content with counting other people’s money, he wanted to show businesses how to make money – he’s been extremely successful & company has grown: Australia – NZ – USA – Europe (UK for 15 years) & most recently Vietnam – truly global presence
- #4: Born above grocery store in the photo I’m the little one of the Left – grand parents newsagents opposite – having a family business background I really appreciate the demands of owning & running a small / medium sized business – MY business works with Biz Owners, helping them achieve their goals, whatever they may be!
- #5: The Big issues effecting businesses & why, are studied in Michael Gerber’s The E Myth – one of THE classic business books Gerber outlines three personality types of : T / M / E T – doing the job/ work – NOW e.g. plumber, hairdresser, book keepers M – like to be in control – PAST e.g. spreadsheets of reports going back in time E – like to live in the – FUTURE e.g. coming up with lots of ideas, some of them crazy (I’m sure we all know people like that?) Perfect Biz person would be a mix of all 3 – H most Biz Owners are mainly ONE SURVEY – Hitchin asking who starts a Biz ? – actually T’s NOT E’s that start hence the E Myth Not that surprising Educational system – funnelling down to specify - narrowing allows for no balance – Tragic 80:80:4
- #6: Success comes by working smarter. We work with you in three main areas: Money: working on your ROE – Time: because being in business should give you more life - Team: having the right people doing the right things in the right way
- #7: ROE Return On effort How do you feel about the results/rewards You’re getting from YOUR business? - Who’s getting everything they want from their Business? - Should it be making more money for you? – How many hours do you work? - Have you worked out your Hourly Rate of pay? Are you the highest paid member of your team?
- #8: Having a coach WILL help you improve your R.O.E. We do this through sharing Knowledge & Education & having the right Mindset
- #9: We Identify the key issues and Agree on the skills & tools to use and then take Action – we then hold you Accountable for these agreed actions.
- #10: You’ll be rewarded for your efforts; as you and your business move nearer to your goals!
- #11: Talk through the 6 Steps one at a time. Give examples of each level: talking about the Left & Right side of the ladder These are the six steps to massive results. Remember that to achieve massive results you must take massive action. Q - Anyone identify which step they are on with their Business?
- #12: Generally Biz Owners want more profitability and to work less hours WE need to design a business that works without you or CAN work without you
- #13: If you were to know – gets rid of I don’t know! Where are you now – score 1/10 – why that number? What needs to happen to get higher? Individual thinking Share around the table Share with the room
- #14: Welcome! + Thanks very much for giving up your time – really appreciate it Logistics: Bathrooms / Fire escapes / phones silent / T & C break half way through Hands Up the Biz Owners in the room? And those that work for some else? And hands up the Biz Owners that wished they still worked for some else!