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Episode Brief Description

When running a business, knowing what to focus on is half the battle.  In this episode, we will introduce the concept of a scorecard and how you can use it to run your business

Key Insights & Timestamps

• [00:13] – Welcome
• [03:18] – Working on your business not in it
• [04:20] – What is a scorecard?
• [05:08] – Exposing problems 
• [06:37] – Proactive vs. Reactive 
• [08:25] – What your scorecard should focus on and how to begin
• [09:40] – Goal tracking
• [11:00] – Leading vs. Lagging 
• [13:25] – Marketing Metrics 
• [15:11] – Operations 
• [19:46] – Finance 
• [22:51] – How to use your scorecard
• [30:05] – Key Actions 

Your Homework

Resources Mentioned

• Show 33 – Work On Your Business, Not In It
• Show 47 – The Secret to Planning Success
• Show 103 – How to Set 90 Day Goals
• Show 106 – 4 Components of Your Business Engine
• Plan With Purpose: The Ultimate Guide to Creating Your Ideal Lifestyle
• Lifestyle Builders Mentorship