"We are what we repeatedly do. Excellence, then, is not an act, but a habit."-- (Aristotéles 384–322 BC)
Binah Advisory's Four
Phases to Success
The laws of
productivity, and applied consciousness in every thought, action, time and
speed, is the biggest contributing factor behind the success of the most well
known brands in the world.
Energy has patterns, and
different tasks consist of different energy-patterns. When one mixes two or
more different integrations of energy-patterns together by shifting from one
task to another or from one responsibility to another without any controlled
structure, interferences of energy occur, and energy becomes wasted without
ever being converted into a product or service of value.
This happens in your
personal life, your corporate life, in the world around you, and across the
entire universe (just imagine what would happen if the order of the universe
was off by even a nano-fraction of a second).
Take something as simple
as a chair; it was consciously designed out of the desire for something to sit
on, but the composition of a chair required the conscious integration and use
of nature's resources (wood or metal), individual need (I want something to sit
on), global benefits (everyone needs something to sit on), and business outcome
(everyone will buy a chair).
What gave birth to the
chair is the conscious integration of all 4 values.
Personal,
Business, Global, Universal
The principles presented
here can be applied in:
Start
up Environments
Turn
Around Environments
Product/Services
Launches
Re-Organization/Re-Structuring
Read the book "Unlocking Your Empire"
Understand
How You Use Time
Track 3 days worth of your activities.
Break everything down into categories.
See what percentage of time you use for each
category (e.g. meetings, R&D, emails, etc).
How productive are you?
Become aware of your use of time.
Organizing Yourself
Break your day into a mini-week in a day.
Focus time into blocks of activity by category.
If you spend 2 hours on the phone, based on your
3 day analysis, schedule 2 hours of phone calls for all your projects – do
nothing else during that block of time.
(How you use and organize your time and energy
is CRITICAL to your success).
Plan Your Week
Plan your week in advance.
Down time is CRITICAL to your success, you must
allow for at least 25 hours of consecutive non-work time every week, to refuel.
If you keep the Sabbath for example, do your
planning on Saturday night or Sunday night. Whichever works for you.
Plan Your Day
Invest time in seeing your goals realized and
work backwards to insert every action required to accomplishing them into your
mini-week daily schedule.
Invest at least 30 minutes planning out your
day, every day. Just like a General plans for a war, you too must plan your
assault strategy for the day.
Put Your Vision into Motion
Think about what you want to accomplish and
write it all down (use tools like Mind map).
Focus on 4 values:
Individual; Corporate;
Global; Universal.
Ask yourself:
Does this product/service benefit someone, does
it benefit everyone, does it use resources that are universal, and does it have
a global impact on the economy?
If you can’t answer yes to all 4 questions, your
idea is more about how and what, less about why. Knowing the why will
come in handy later, in Phase 2 and 3.
Find the why behind your idea – this is critical
to sustaining a long term profitable business vs. something short lived, or not
lived at all.
Test your theory on others.
Don’t Procrastinate, Take Action Every Day
Laziness is a recipe for failure. If you
organize yourself well, and follow Binah Advisory’s Four Phases to Success, you
won’t be bored and you won’t be lazy.
It’s nearly impossible to be lazy when you are aware of how you use time, because you become a manager of time, vs. time managing you.
Second
Phase – Incubation
Take
Actions to Support your Vision
Every thought by now will have an action within an assigned
category of your mini-week daily schedule.
Every action will have time line associated with it.
You now start to become very aware on the integration of
thoughts, actions, and time/speed.
Track
Progress
See your vision in action by tracking progress.
Set time lines for every thought, action, and result.
If falling behind, go back to step one and fine tune your
process.
If ahead of schedule, add more thoughts into action.
Manage
Resources
Communicate your vision, your plan of action and your time
lines with all participants.
Incorporate everyone you deal with to work within your
operating system.
Get resources involved in your vision and action plan
Your tracking reports are critical for your own actions, but
more critical in managing resources you employ, contractors or partners you
bring into your venture.
Keep everyone accountable for their deliverables, just as
you keep yourself accountable.
Third
Phase – Commercialization
Write
a Business Plan
Turn your thoughts, actions, timelines, and progress
tracking into a road map for your business.
Add versions to your product or services before you launch
it.
This will ensure you capture repeat business in the future.
This will also ensure you expand the scope of your market in
the future.
Identify where you are going, and how you are getting there
by documenting it.
Identify who you want there along with you, including the
choices you will make around:
Markets, Partners, Vendors, Employees, and Investors.
Write
a Marketing Plan
Identify your process for making your venture known.
If global in nature, who do you need to help you?
Establish relationships. Network. Use social media networks
to connect with people and companies that can contribute to your success.
Share your business plan as needed with those who buy into
your vision. Value the feedback, especially the negative ones for they are an
indication that there is something you need to learn and incorporate into your
plan, which is missing.
Fine tune the plan, be open to change. Your plan needs to be
organic and fluid, until it finds its center.
Align
Financing
Once you have a plan in motion, including a business plan
and marketing plan. Sell your idea to investors if you need money, or create
targets for yourself by rewarding your idea with more funding, as the idea
earns the right to it.
Be frugal. It will set the precedence for everyone in your
venture, but don't limit yourself. Invest in what you need, hire consultants to
help you reduce the learning curve. In the end doing it all yourself will cost
you more.
Choose investors that will be hands off. You run your
machine, not the investor.
The investor is getting the opportunity to get in with you, not
the other way around.
Share your progress tracking reports with investors to
establish confidence on what you’ve accomplished so far, as a vehicle for
getting buy-in to your ability to deliver what is written as goals and actions
towards the end goal.
Sales
Find entrepreneurial minded partners.
You don’t want a sales person, you want business partners.
Their success depends on them, this will make them act and
think as an owner.
Remember that compensation dictates behavior.
Operations
Outsource anything that isn’t core to your business.
Manage the vendors the same way you manage your partners.
Outsource the actions, but own the outcome. The same applies
if you chose to do everything in-house.
Fourth
Phase – Repeat, Scale, Create Again
Build
Repeatable Processes
Document the way your well oiled business machine works.
Make it simple and easy for others to understand and get up
to speed.
Train staff and partners on how you do business and outline
what you expect to see reported weekly, or daily to keep you appraised of
progress.
Check progress using your progress tracking reports.
Have constructive meetings, focused around your tracking
reports.
Everything comes down to numbers. Numbers don't lie; they
keep everyone focused and honest.
Build
Scalable Processes
Don’t build a process around you, or any individual, build a
process that works to drive your road map to success, which can be supported by
inexperienced resources.
Expect everyone to follow the process, but allow for human
ingenuity and be open to recommendations. Remember everyone is co-owner with
you and invested in the success of the product/service (their livelihood
depends on it).
The human factor will always outperform any other process,
but you need to have a process for the human factor creativity to flow.
Organized efforts, open the doors for more creative time,
more creative time opens the door for more business.
Check
in With Your Vision - Do a Reality Check
Constantly check with all the moving parts of the machine
you are creating.
Change parts that are not working, maintain the ones that
are.
Make sure you are not just following a process for the sake
of it, but for the sake of it meeting your end goals.
Do a force Field Analysis to see what is working, and what
is holding you back. If necessary make changes swiftly across all your
resources (people, finances, systems, markets).
Empower
Resources
Build mini companies within your company.
The more autonomy and empowerment you can give employees and
partners, the more they will behave and act as owners.
Empower
staff to think and act as an owner.
Let them earn everything and let them keep the accolades for
their own success. Your success is based on their success. Allow them to show
you what they are made of. Compensate well for results, don't get greedy.
Create
New Ideas
Repeat the first phase every week.
The more ideas you put in motion, the more you can profit.
Never
Stop Creating
Create original values.
Launch new ideas by repeating the 4 phases.
Create add on values, feed them into old ones and repeat the
4 phases.