stpeters#young# lions€¦ · stpeters#young# lions october#2015#workshop# focusby&numbers # #...
TRANSCRIPT
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St Peters Young Lions
October 2015 Workshop
Focus by Numbers
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The EnQ Success Ladder
• Which level entrepreneur do I want to be?
• Why do I need to make money?
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EnQ=A Focus and Awareness Intelligence
Path of the Lion is a process to develop this intelligence…where are we now?
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The Entrepreneurial Success Ladder
The 4 EnQ Species
The Vision Model
The Lions Pawprint
The Business Focus plan and Cash Flow tools
The Path of the Lion Process
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A budget is telling your money where to go Instead of wondering where it went
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The Business Focus Plan
What’s your bo2om line? • Revenue minus sales? • Revenue minus expenses? • Sales minus costs? • Earnings minus spendings? • How does my boSom line
relate to my vision model?
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Business Focus Plan Build
• Using the A3 board: • Step 1: IdenWfy your fixed
and variable revenue • Step 2: idenWfy your fixed
and variable costs • Step 3: Add the amounts to
the images • Step 4: idenWfy your BoSom
Line Indicators
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Cash flow Build (our most accurate boSom line indicator…)
• Using the A3 cash flow board:
• Step 1: Place the revenue and costs into October
• Step 2: Same for November • Step 3: Same process for
December
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Case study • Roberts School of Rock and
other music work-‐ read the case study from your workbooks and write your answers into your workbooks
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The 3 Zone leadership Model
• The model in the form you have it will make no sense-‐ don’t panic J
• Place 3 of the words you have of the 6 possibiliWes on the leb hand side of the model so that the model makes sense to your group
• PosiWon the words as your group has placed them onto the A3 board at the front
• One presenter from each group explains why you chose what you did
• Now place the species where you think they might get stuck most easily and explain why
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Which way should we be moving?
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Ego and Intelligence quadrant
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Ego Effects
Read the following statements and iden<fy the EnQ species; • I feel scared that a client might know more than I do • I get upset when my work ethic is quesWoned • I work hard to earn my colleagues respect • I feel envious of those who are successful • I feel sorry for those who I see fail • I wish others would educate themselves before offering an
opinion • How I feel about my business success is important to me
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How fast can you finish? • Tick off each number (in the
correct sequence) from 1 to 54-‐ see who can finish first!
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When to follow the Path of the Lion When you start your business if you cannot answer any of these ques6ons, go back through the Path of the Lion… • 1) What do I want? (Vision Model) • 2) How much do I need to make? (Vision Model) • 3) What have I got? (Lions Paw print) • 4) What don’t I got? (Lions Paw Print) • 5) What is the problem? (Lions Paw Print) • 6) What’s working? (Business Focus Plan) • 7) What isn’t working? (Business Focus Plan/Cash flow) • 8) Where am I leading from? (3 Zone Leadership Model)
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The Entrepreneurial Success Ladder
The 4 EnQ Species
The Vision Model
The Lions Pawprint
The Business Focus plan and Cash Flow tools
The Path of the Lion Process
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Focus and Awareness
……..is an intenWonal process
EnQ = You X Focused – VM X Fully leveraged-‐ LPP X Doing What Works-‐BFP/CFT
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Glossary of terms
• Lion-‐speak!
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Fun Fact
• How many Wmes did Thomas Edison fail before invenWng the light bulb?
• What were the names of his 2 children?
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Feedback What do you think of the Young Lions Workshop
#4?
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Before the EnQ Young Lions Conference
• Complete workbook secWons and hand in
• See you on 2nd December!