Purpose-Fueled Planning: Setting the Foundation for Business Success in 2025
In this episode of the Legacy Builders Podcast, host Lakeisha A. Entsuah dives into her strategic planning process called 'Purpose-Fueled Planning,' designed to establish a solid foundation for business success in 2025 and beyond. She discusses an eight-step process that includes identifying your zone of genius, defining your mission, vision, and values, completing SWOT analyses, crafting a Lean Canvas, setting big audacious goals (BAGs) and key performance indicators (KPIs), performing gap analyses, defining SMART goals, and creating actionable plans. Lakeisha stresses the importance of not skipping small steps and shares insights from her experience, including lessons learned from the Goldman Sachs 1 Million Black Women, Black in Business program.
00:00 Welcome to the Legacy Builders Podcast
00:29 Introduction to Purpose Fuel Planning
01:18 Legacy Building Tip of the Week
01:28 The Importance of Small Steps
03:23 Purpose Fueled Planning Explained
05:00 Step 1: Identifying Your Zone of Genius
05:44 Step 2: Defining Your Mission, Vision, and Values
06:32 Step 3: Personal and Business SWOT Analysis
07:30 Step 4: Creating a Lean Canvas
08:55 Step 5: Setting Big Audacious Goals and KPIs
10:49 Step 6: Conducting a Gap Analysis
12:08 Step 7: Defining SMART Goals
15:01 Step 8: Developing an Action Plan
17:04 Final Thoughts and Encouragement