The Business Journey can be divided into general phases that reflect the progress and next steps for heart-centered entrepreneurs.
What you will learn from this session: ●
Understand the purpose of the 7 Chakra Business Model
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Pinpoint exactly where you are on the business journey
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Identify the activities you should be focused on (and what you SHOULD be ignoring!)
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Find out exactly what you need to focus on in your business to take it to the next level.
Fixing The Biggest Problem For Business Owners ● ● ●
Information overload Not knowing what is appropriate for YOUR stage of business Every piece of business advice only works for certain stages of business
EXAMPLES: ● ●
Email platforms Jim Collin’s “Level 5 Leadership”
So… Where are YOU on the Business Journey?
THE SEED STAGE
RED : ROOT CHAKRA Big Focus: Starting Point Who Is This For: To Help Myself Your Big Question: How can I make my life look more like what I want? More control, more passion, more opportunity to help, make things better for my family? What Big Issues: Don’t know WHAT you want to do Work/Life Balance: Play with determination, follow your curiosity. Mindset: Sitting with the question - what do I have? Books & Resources: I Could Do Anything If Only I Knew What It Was & Refuse To Choose by Barbara Sher Big Magic - Liz Gilbert Artist’s Way - Julia Cameron Discover Your Life’s Wisdom - Academy
ORANGE: SACRAL CHAKRA Big Focus: Economic Model Who Is This For: To Help Myself Your Big Question: How can I make money from my passion? What Big Issues: Don’t know who will buy Work/Life Balance: Hustle With Mindfulness + Boundaries Mindset: Mine for the gold + try out different income streams Pricing: Decide on pricing to begin - costs/current market Accounting: Begin recording expenses Books & Resources: Business Goddess e-course “One Minute Millionaire”
YELLOW: POWER CHAKRA Big Focus: The First Clients Who Is This For: To Help Myself Your Big Question: How do I find the clients I need to share my gift? What Big Issues: Don’t know how to get people to buy or learn how to market to build clientele Work/Life Balance: Hustle With Mindfulness + Boundaries Mindset: YES to everything Pricing: Low-end pricing to begin Accounting: Keep all receipts. Find an accountant Open separate bank account Use Magic Money Maker Kit monthly Resources: “Fully Booked” - Michael Port Business Goddess 2.0 e-course (Academy)
Leonie shares: Her business story of the SEED phase.
Q&A
THE SAPLING STAGE
GREEN: HEART CHAKRA Big Focus:
$40 000 a year
Who Is This For:
Help My Family
Your Big Question: How do I focus on the things that bring my passion and income together? What Big Issues:
Don't know HOW to grow a business beyond fully booked Need passive income streams Need first level of support (i.e. VA) Start creating wiki Increase prices OR release passive products Need to quit your job
GREEN: HEART CHAKRA Work/Life Balance:
Start applying brakes. Seasons of craziness. Moving forward hinges on time reflecting.
Passive Income:
Identify possibilities and begin testing potential streams of passive income.
Mindset:
Pay attention to Pareto's Law - what 20% of your activities is giving you 80% of your results?
Staff:
First level VA support
GREEN: HEART CHAKRA Pricing:
Consider price increase OR passive income streams
Accounting:
Keep all receipts. Find an accountant Open separate bank account Use Magic Money Maker Kit monthly
Resources:
Double Your Biz program (in Academy) Shining Six Figure Team (in Academy) 10 Steps To Building A Million Dollar Company "E-myth Revisited" - Michael Gerber "Beyond Booked Solid" - Michael Port "Multiple Streams of Coaching Income" - Andrea J Lee
BLUE: THROAT CHAKRA Big Focus:
6-figure
Who Is This For:
Help My Family
Your Big Question: How do I become a good custodian of this income? What Big Issues:
Date employees Release employees that don't fit back into the wild respectfully Develop standards around what you want
BLUE: THROAT CHAKRA Work/Life Balance:
SELF CARE = OPTIMAL
Passive Income:
Decide on one passive income stream or multiple. Either increase prices for services or wean off entirely.
Mindset:
Start saying NO more often. Say YES + NO with intention.
Staff: work well with.
Start building team, date, use contractors, find people you
BLUE: THROAT CHAKRA Pricing:
Experiment with pricing to find the continuum that bears most profit.
Double Your Biz program (in Academy) 10 Steps To Building A Million Dollar Company (in Academy) Shining Six Figure Team (in Academy) "Good to Great" - Jim Collins "The E-myth Revisited" - Michael Gerber "The Entrepreneur's Trap" - Tina Forsyth
THE OAK STAGE
PURPLE: THIRD EYE Big Focus:
7 Figures
Who Is This For:
To help my community
Your Big Question:
How do I build a solid, steady, lasting business?
What Big Issues:
Permanent, functional team COO Systems Increased income = increased expenses Cashflow
Work/Life Balance: Self care = critical
PURPLE: THIRD EYE Mindset:
Say NO more than YES
Pricing:
Keep going with what works
Passive Income:
No services offered. Entirely PI.
Staff:
Continue optimising and building a permanent team
Accounting:
1. Cashflow savvy 2. Setting the company + self up for lasting financial freedom
Resources:
"Scaling Up" - Verne Harnish "How The Mighty Fall" - JimboJimbob Collins Double Your Biz program (in Academy)
INDIGO: CROWN CHAKRA Big Focus:
Legacy, philanthropy, giving back
Who Is This For:
Help the World
Your Big Question: How do I fulfill my purpose? What Big Issues:
Staff retention Masterful oversight of company Sell company? Keep as passive income? Move into philanthropy? Or is company your vessel for your purpose?
INDIGO: CROWN CHAKRA Work/Life Balance:
SELF CARE = A NON-NEGOTIABLE NORMAL
Passive Income:
No services offered. Entirely PI.
Mindset:
Independent Direction
Staff:
Continue optimising and building a permanent team
INDIGO: CROWN CHAKRA Pricing:
Become more scientific - test, demonstrate value/ROI
Accounting:
Business & Personal wealth building. Success planning
Resources:
"Scaling Up" - Verne Harnish "How The Mighty Fall" - Jim Collins