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TRANSCRIPT
St Peters Young Lions
October 2015 Workshop
Focus by Numbers
The EnQ Success Ladder
• Which level entrepreneur do I want to be?
• Why do I need to make money?
EnQ=A Focus and Awareness Intelligence
Path of the Lion is a process to develop this intelligence…where are we now?
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
A budget is telling your money where to go Instead of wondering where it went
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?
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
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
Case study • Roberts School of Rock and
other music work-‐ read the case study from your workbooks and write your answers into your workbooks
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
Which way should we be moving?
Ego and Intelligence quadrant
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
How fast can you finish? • Tick off each number (in the
correct sequence) from 1 to 54-‐ see who can finish first!
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)
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
Focus and Awareness
……..is an intenWonal process
EnQ = You X Focused – VM X Fully leveraged-‐ LPP X Doing What Works-‐BFP/CFT
Glossary of terms
• Lion-‐speak!
Fun Fact
• How many Wmes did Thomas Edison fail before invenWng the light bulb?
• What were the names of his 2 children?
Feedback What do you think of the Young Lions Workshop
#4?
Before the EnQ Young Lions Conference
• Complete workbook secWons and hand in
• See you on 2nd December!