Mike Paton joins me today to talk about how EOS® (the entrepreneurial operating system) and Traction can help you accelerate your business. Mike is the “visionary” of EOS Worldwide. He is a consultant to the massive client base looking to EOS® to identify the problems and strengths of their businesses. He shares what his job entails and how someone like him can help a struggling business.

As an adopter of EOS® in my own business, I highly recommend this operating system for small businesses. It is a great tool. Mike and I explain the two-year process that businesses go through to get their business into a healthier state. EOS is not a quick process, but it is totally worth the time and resources invested in it.

You will learn about:

Mike’s book with EOS Worldwide’s founder called Get a Grip.

Mike’s business background.

What is EOS?

How to use EOS in your business?

The 6 components of the EOS process.

The importance of working with the “big picture” in mind.

Common results Mike sees with his clients.

Why EOS works.

How to clarify roles within the company.

What is the integrator role in a company?

What is the visionary role in a company?

Finding and maintaining passion in the business.

How EOS works for family businesses.

Why EOS is a great option for businesses.

We’ve talked in the past about making things easier in your business by using all the tools you have available to you. Today we’re talking specifically about EOS, or Entrepreneurial Operating System, as a way to free up some of your time and help you run your business more efficiently. Not every company is a good fit for EOS, of course, but our guest today (Mike Paton) says it’s important to pick just one operating system to work with so everything aligns in the software world and also between the humans who use those systems.

Transparent Operations

Mike identifies six key areas to assess when looking at implementing an EOS®. Typically once EOS® is in place, if there are issues in these key components, you’ll see evidence of that pretty quickly and therefore be able to get to the root of the problem. In Mike’s own words, here are the 6 key components of EOS® in order to gain Traction® that you should evaluate:

Vision — Getting everybody on the same page with where you’re going and how you plan on getting there;

People — Making sure you have great people in your business so you can achieve your great vision;

Data — Running the business on a handful of objective numbers rather than the feelings, egos and emotions that so often are the basis of decisions in an entrepreneurial company;

Issues — Because when your vision, people and data components are strong, your organization is transparent. This means all your problems, challenges and obstacles are smoked out. You need to be good at issues resolution at this point. Get good at recognizing, prioritizing and resolving your issues for the long-term greater good;

Process — Getting the most important stuff in the business done the right and best way every time, even when you’re not there to manage everybody closely. It creates consistency and