There is no exact formula, but I use these steps as a guide to begin the process and find low hanging fruit opportunities.
We first define our areas of mandated success, here are mine.
Review revenue and profit streams. (Hint: the opportunity is usually in the opportunity cost of focusing)
Review relationships, both internal and external. (Hint: we are usually not fully leveraging our relationships, there is a secret to getting the most from people).
Review your purpose for work and purpose for growth. (Hint: purpose driven work always generates the most passion and thus results)
Review how time is spent (Hint: we identify the things that really move the needle, and make sure we do those first)
Review our relationship with money and success (Hint: we sometimes struggle to say we want to be rich, or we want to make a huge sum of money. hint to hint: it’s not a zero sum game)
Implement a results-based work vs a time-based approach.
Build an organizational structure and discipline to sleep well at night.
Learn my concept of the “double-bottom line” to maximize profit while enhancing those around you.
How to prioritize your time by identifying doing the big things first.
Build and leverage relationships.
Life balance. I believe we cannot achieve maximum fulfillment without high achievement in business, health and relationships, TOGETHER.
The key to satisfaction, is a growth and challenge mindset.
We ask a simple but challenging question, “Is what you’re doing working?”
Maximize revenue hiding all around you. Are there other opportunities not addressed?
Learn who to hire first, and who to hire next and general hiring principles.
Learn to grow your business in a way that doesn't require more of your time.
Learn the three different types of relationships that exist and how to appreciate and use them best.
Learn how to effectively use of graphic & web design effectively.
Learn the best online tools that will accelerate and scale your business.
Learn the best way to maximize the output and autonomy of employees and subordinates.