The Gem Munro Show

5 Steps to a Successful Business


Listen Later

What is your grand lifestyle vision and how do you create your business to support that grand vision?

This question may seem overwhelming but trust me, it’s good to have the answer to it as it will help guide you to a successful lifestyle, hence a successful business.

In today’s episode, we talk about where your zone of genius is, why 80% of small businesses fail within 5 years, and the steps to avoid being in that 80%.

  1. The Gem Method’s five steps to a successful business: [4:00]
  • Self
  • Vision
  • Strategy
  • Execution
  • Evaluate
  1. Zone of genius vs. zone of excellence: what’s the difference and which one should you focus more on? [18: 10]
  2. If you’re not a born entrepreneur, you are going to need to learn the skills to successfully run and manage your business OR hire people who are the experts at managing and running a business. [21:45]
  3. Business during the pandemic: we don’t control lockdowns or restrictions or when the pandemic will go away, but we have control over building what we can now!  [26:20]
  4. “How to prepare for the pandemic? I just keep moving forward and live in the present. Yes, I have plans, goals, and strategies, but also I surrender what I can’t control.” [28:52]

I am linking below the resources that I’ve mentioned so you can check it out. These have helped me a lot in both my businesses and my personal lifestyle, and I hope you’ll find it helpful, too!

The E-Myth by Michael B. Gerber

The Big Leap by Gay Hendricks

Breaking the Habit of Being Yourself by Dr. Joe Dispenza

You’re a Bad-ass at Making Money by Jen Sincero

Get Rich, Lucky B**** by Denise Duffied Thomas

If you have any questions at all about this podcast, please reach out and let’s connect (if we haven’t already)! 

 

E: gem@gembodymind.com

IG: @gem_munro

W: www.gembodymind.com  

 

 

...more
View all episodesView all episodes
Download on the App Store

The Gem Munro ShowBy Gem Munro

  • 5
  • 5
  • 5
  • 5
  • 5

5

4 ratings