Mastery is a business focus on making sure your business delivers profit and productivity with enough resources and information to make key decisions. It is broken into four main areas:
Destination Mastery
It’s important to know what you want from your business and where you want it to be in the future. You should have a vision or picture of your business’ future with a clear idea of your future destination. Then by breaking that down into small, achievable goals, you’re going to get much closer to accomplishing that vision.
Financial Mastery
Do you know the basic finances within your company? Do you have the three crucial financial reports on a monthly basis – Profit and Loss Statement, Balance Sheet and Cash Flow Statement? These reports paint a great picture of how well your business is performing and where your opportunities for improvement are hiding.
Time Mastery
Time is the one thing that cannot be changed, once you’ve lost it you can’t get it back. The key to stop procrastinating is to start each day identifying the initial goal you have for that day, and to be productive with your time.
Delivery Mastery
It’s not just about the products or services you sell, but how you deliver them to your clients and prospects. This relates to how you market to your customers, how you interact with them, and how you make them feel.
Each of these areas must be “mastered” if you want to move your business forward. Want to discover strategies and tools that can help you do this, along with key advice from business experts? Book a no obligation, complimentary coaching session with me! Click here to book.
