FM – Stands for Fulfillment Model Without a Fulfillment Module you’re going to get stuck. Stuck where? Stuck in what? You’ll get stuck in what Les McKeown calls the Artisan Trap. This is the trap that keeps most entrepreneurs on the “perpetual” hamster wheel, never seeming to be able to break free. The ... Read More
AS – Stands for Automated Systems When I refer to Automated Systems, I don’t necessarily mean technology. My definition of Automated Systems includes both Technology Systems and People Systems. With that said, if you ever intend to have a business that gives you freedom, then you CAN’T skip the Automated Systems part of ... Read More
MN – Stands for Market Need Both the Broken Business Formula and The Business Freedom Formula contain Market Need as a core component. So, what’s the difference? The Broken Business Formula teaches that you should identify what the market needs, first. To do this, you look at what is currently being provided in ... Read More
What if everything you’ve been taught about business success is wrong? Let’s start with the reality of business: Only 20 out of 100 business start-ups survive five years; Only four out of that 20 make it another five years; Only one out of that four makes it another five years! With failure rates ... Read More
It doesn’t matter who you are. It doesn’t matter what you do. It doesn’t matter how much (or how little) money you have; we all only have one shot at this thing called life. How is it that some people are able to get so much out of life – and yet others ... Read More
I don’t have time. Where did the time go? Time stops for no one. If I only had an extra hour. I’ll have to find more time. Make more time. If I could only manage my time better. Time. Time. Time. Time, particularly in the Western world, appears to be a scarce ... Read More
“Over the years, I’ve started to see business as a mirror. Our organizations say a lot about our hopes and dreams, about the way we think, what we believe, what we do well, what we work at and how hard we work at it, what we get wrong, how we handle struggle, and how ... Read More
How would you like better employee morale, more profit, less stress, more time to work on things you enjoy, and have people lined up at the door waiting to work for you? These are just a few of the benefits you may realize when you discover how to automate your business. “Okay,” I ... Read More
Do you have a task or project that you really don’t want to do, and you find yourself asking, “Should I outsource this?” If you’ve outsourced projects or tasks in the past, then chances are good that you’ve had your share of frustrations and disappointments. I certainly had my fair share of challenges when I ... Read More
It’s hard to believe that only a few years ago flip phones were all the rage. Now it’s not uncommon to see young children using tablets and smartphones. (Our three year old has been using an iPad since before his second birthday. He even teaches his grandparents how to use it.) Virtually ... Read More
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NEIL PATEL