Youtube Video

Summary published at 9/26/2024

💰 You're not making as much money as you want because you're working on the wrong stuff. Focus on solving problems instead of chasing opportunities.

⚠️ A problem threatens the future of your business, such as:

  • Customer complaints
  • Red flags in processor relationships
  • Dropping sales conversions

📈 Missed opportunities are things you should be doing to grow your business but aren't. This can lead to an overwhelming list of tasks.

🔍 Focus on solving problems first. When you prioritize missed opportunities, you may grow your business but also grow your problems.

🛠️ Strategy is about prioritizing limited resources against unlimited opportunities. Spend time solving problems to grow your business effectively.

📊 Data is crucial for decision-making. Ensure the data you track influences behavior; otherwise, it's just noise.

📝 To solve problems, follow these four steps:

  1. Identify the condition or goal you're trying to achieve.
  2. Define the action you will take to address the problem.
  3. Check if you did it or not.
  4. Evaluate if the expected outcome occurred.

🚀 Focus on solving problems to grow your business. Once problems are addressed, revisit your list of missed opportunities.

💡 Confront your problems today and set aside opportunities for tomorrow. Once problems are solved, choose the best opportunity to pursue.

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