As an entrepreneur, facing challenges in your business isn't just likely – it's inevitable! That's why one of the most critical skills for success is learning how to effectively diagnose what's not working. By getting to the root cause of issues, you can make informed decisions that drive your business forward.
In this episode, I reveal how to start diagnosing and solving the problems you're facing, introducing you to the three levels where a problem can exist. One of these levels, if not more, is likely a blindspot for you, making this episode essential as we approach the final quarter of the year.
Be sure to join me next week for Part 2, where we dive even deeper into analyzing numbers and specific examples. Don't forget the homework I assigned at the end of this episode – I'd love to see what you come up with! Snap a screenshot of your "train" (it'll make sense once you listen!), share it on your Instagram Stories, and tag us, @jameswedmore and @jeunejenni.
In this episode you'll hear:
Why understanding what's happening in your business is crucial for diagnosing future issues, even if nothing seems wrong right now
The three levels where a problem may exist in your business
How I evaluate the macro level and the key metrics that measure your business model's success
The metric used to diagnose the effectiveness of your business machine at the micro level
How the third piece, the mind level, offers immense growth potential despite any discomfort it may cause
A homework assignment designed to prepare you for next week's episode
For full show notes and links, visit: https://www.mindyourbusinesspodcast.com/blog/715