Leverage a Scorecard for Success - Tom & Ariana Sylvester

Leverage a Scorecard for Success

Mar 18, 2019 | Execution, Operations, Podcast | 0 comments

 Prefer just the Audio?  Click here.

Episode Brief Description

When running a business, knowing what to focus on is half the battle.  In this episode, we will introduce the concept of a scorecard and how you can use it to run your business

Lifestyle Builders

Are you looking to create your ideal lifestyle?  Then we invite you to become a #lifestylebuilder.

Find out more here.

Key Insights & Timestamps

  • [00:13] – Welcome
  • [03:18] – Working on your business not in it
  • [04:20] – What is a scorecard?
  • [05:08] – Exposing problems 
  • [06:37] – Proactive vs. Reactive 
  • [08:25] – What your scorecard should focus on and how to begin
  • [09:40] – Goal tracking
  • [11:00] – Leading vs. Lagging 
  • [13:25] – Marketing Metrics 
  • [15:11] – Operations 
  • [19:46] – Finance 
  • [22:51] – How to use your scorecard
  • [30:05] – Key Actions 

Your Homework

Ariana’s Homework

  • Comment here or on our Facebook page – What information are you currently tracking in your business? 

Tom’s Homework

  • Imagine you’re taking a month long vacation from your business. What information do you need to be looking for to track where your business is at? 

Key Insights

  • What is a scorecard in your business?
  • What information should you be tracking and how should you begin?
  • Expose problems quickly and attack them head on

Free Guides For You

Plan With Purpose - The Ultimate Guide to DEfining & Building Your Ideal Life

Invest In Yourself - When, How & How Much to Spend to Grow