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5 Day Strategic Planning Challenge – Day 5

Author
Nick James
Published
Sun 29 May 2022
Episode Link
https://omny.fm/shows/empire-builders/5-day-strategic-planning-challenge-day-5

As you work through the strategic planning challenge and following on from the great content about vision, purpose, mission, and strategic thinking Nick brings everything together and explains exactly how, on day 5,  to move your strategic thinking into a strategic plan.
Using great examples from Expert Empire's strategic plan he shares how you can create smart projects and make effective tactical decisions bringing clarity and confidence to you and your business
 
KEY TAKEAWAYS
Format your strategic thinking as questions
You need to move your strategic thinking into a strategic plan
A priority is an area in the business you need to pay attention to and focus on
The tactical plan is smart projects and these need to be smart, measurable, achievable and time bound
Use milestone and time dates to focus and make tactical decisions
You are creating a ‘to do list’ that has been formulated using effective strategic thinking
Ongoing review of smart projects means accountability and the opportunity to adapt 
 
BEST MOMENTS
‘Identify what your number one priority is’
‘`It’s a ‘to do’ list that has been created with well-rounded strategic thinking’
 
VALUABLE RESOURCES
Empire Builders Podcast 
https://keapnow.com/empirebuilders
 
ABOUT THE HOST
Nick James
Nick dropped out of university at the age of 21 and failed spectacularly with his first coaching business, which forced him to take a £16k/yr telesales job. 
Within 12 months he was the top performer and left to start his second business at 24. This time he discovered a winning formula and before long had a multi-six-figure company.
He then made a huge mistake which nearly put him out of business and cost him £50,000 in personal cash!
Fortunately, Nick kept it afloat, turned it around, and sold that business 2 years later in a seven-figure deal. 
He then co-founded a multi-million-pound marketing company, which he exited in 2015, and created Expert Empires.

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