5 Day Strategic Planning Challenge – Day 3

We’ve already heard about creating a strategic vision and in this episode, Nick goes through the six questions you need to answer as the starting point in creating an effective strategic plan to fulfil your vision The questions are the building blocks for the strategic thinking that will mean you can create a plan that will condense the confusion, chaos and overwhelm into a prioritised strategic plan and move forwards towards achieving your vision   KEY TAKEAWAYS Vision without action is a daydream, action without vision is a nightmare If you don’t make plans your will never get started, If you are busy taking action constantly without a plan it can lead to chaos A strategy will contain – annual priorities, quarterly priorities, and evidence of success What are the areas of the business that need prioritising and how will you know if it's working? The strategic thinking process means you focus your thinking on your accomplishments, so you highlight what works. Everyone in a team will have varying perspectives and views and this will mean you can create a really effective strategic plan that will fulfil your vision   BEST MOMENTS ‘A well thought through strategy is made up of three parts’ ‘This process allows you to condense the confusion, chaos and overwhelm into a prioritised strategic plan’ ‘The better and clearer the vision the more we are able to sustain the challenges of today’   VALUABLE RESOURCES Empire Builders Podcast  https://keapnow.com/empirebuilders   ABOUT THE HOST Nick James Nick dropped out of university at the age of 21 and failed spectacularly with his first coaching business, which forced him to take a £16k/yr telesales job.  Within 12 months he was the top performer and left to start his second business at 24. This time he discovered a winning formula and before long had a multi-six-figure company. He then made a huge mistake which nearly put him out of business and cost him £50,000 in personal cash! Fortunately, Nick kept it afloat, turned it around, and sold that business 2 years later in a seven-figure deal.  He then co-founded a multi-million-pound marketing company, which he exited in 2015, and created Expert Empires. Today, Expert Empires is known as the UK's number one business event for Experts, with world-renowned celebrity speakers like Gary Vaynerchuk, Grant Cardone, Chalene Johnson, David Goggins, and Lewis Howes gracing the stage. Nick also specialises in helping Coaches, Consultants, Speakers, Trainers, and Authors take their businesses from zero to six figures and beyond through his Expert Empires Mastermind programme.