What are the key elements of creating an organization that strives for something more than just traditional services and products? And how do these elements help drive profitability and positive impact on the world? In this episode, we discuss the concept of "profit-driven innovation" and the importance of establishing core values such as integrity, ethical excellence, honest communication, and consistent fairness. We share insights on how to stand out from competitors through innovative strategies and time-saving measures, as well as strategies for scaling a business to reach $10 million in revenue.
[00:01 – 07:40] Building Strong Business Bonds
- Understanding ourselves and others is crucial to building a successful business bond
- Personal assessments like personality profiles can help us understand why we may be exhausted or dissatisfied in our current roles and how to make a change
- Knowing ourselves can lead to better decision making in our professional lives and better overall health
- Transitioning to a different role within a field can lead to personal and professional growth
[07:41 – 16:05] Navigating People Problems through Assessments
- Your messaging and target market may change as you grow and scale your business
- Assessments are a valuable tool for understanding yourself and making wise choices in both personal and professional life
- Invest in high-quality assessments for accurate results
- Partner with a professional to unpack and apply the results to make informed decisions
[16:06 – 28:34] Hiring the Right People for the Right Role
- Understand the role you are hiring for by creating a job description and interviewing it
- Use assessments to match candidates with the role and the company culture
- Hire people who are a natural fit for the role and the company to save time and money
- Consider using a professional to help you navigate the hiring process, as it can save time and money in the long run
[28:35 – 30:17] Closing Segment
- We don't always know where we're going or what we're doing, but we can keep on keeping on by taking the next right step and looking up to the Lord
- Psalms reminds us that we must believe we will see the goodness of the Lord in order to keep going and not give up hope
- Even when we pivot and change direction, it's important to stay in the game and keep pressing until we find what we're looking for
- Persistence is key in achieving our goals and realizing our potential
Quotes:
“Sometimes it's just a matter of taking that first step and watching the journey evolve.” - Kris Langworthy
“Take the time to invest in the quality decision and the quality investment.” - Kris Langworthy
If you’re looking to invite accountability and want to explore this option with us, we would love to connect with you! Book a power call at www.KeepingItPersonal.com/PowerCall to explore your next steps!
