‘The Five Day Challenge’ – Formulating the Significant, Strategic Issues

In this episode, Nick looks at how you can effectively identify the top three significant strategic issues in your business When you have completed the thinking that underpins the process you are in a  position to formulate strategic questions that address the most significant issues in your business so you address the right things at the right time With clarity and understanding of the significant strategic issues, you are in the right place to successfully solve them making the greatest impact on your business   KEY TAKEAWAYS This is about gaining clarity on what are the most important issues Identify the biggest and most significant strategic issues in your business You need to have completed the thinking that underpins formulating the strategic questions Prioritise and solve the strategic issues to make the biggest impact on your business now and in the next 12 months You can fulfil your mission and ultimately your purpose Getting clear on these issues will mean you can address the right things at the right time leading you to your mission A strategic issue can be formulated as a question Formatting strategic issues as questions programs your brain into solution mode There will be patterns and themes that emerge You may already know what you need to do, the questions will help you to focus and prioritise Start with three strategic questions although you may work with more in the future It’s about setting up in the best way to get success   BEST MOMENTS ‘It’s ok if you think you know the answer already it’s about focus’ ‘This is about what you need to do to get there’   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.