Ever wondered what the success formula is for top entrepreneurs? Dan Sullivan and Steve Krein discuss “The 25-Year Framework” and how it benefits entrepreneurs by helping them prioritize their biggest goals and measure progress every quarter. They explain how having a quarterly rhythm can be transformational, and provide insights into how to achieve long-term goals, adapt to advancements in technology, and overcome crises in the marketplace.

Show Notes:

• Measuring your past progress and planning out the next quarter, every quarter, helps simplify and multiply your efforts.
• This kind of self-accountability and measurement allows for compounding results.
• Growth entrepreneurs must engage in quarterly reflection to achieve their goals.
• Entrepreneurs who treat every quarter in business as a 90-day period of progress, recalibrating and staying committed to their goals, are much more likely to weather market disruptions (such as a global pandemic) and will fare better in the long run.
• Quarterly review and recalibration are essential for achieving not only professional goals, but personal ones as well, and help you build meaningful relationships.
• Your social circle can either support or obstruct your goals. Curate it regularly.
• Avoid making major decisions on Friday afternoons. Everything feels much bigger and scarier when you’re tired from the week, whereas you have a fresh perspective and more energy at the start of the week.
• To reach your quarterly goals, you must commit to weekly improvements.

Resources:

The 25-Year Framework by Dan Sullivan

The Strategic Coach® Program

StartUp Health

Free Zone Frontier by Dan Sullivan

Unique Ability®

The Entrepreneur’s Guide To Time Management (Free Days™)

Should businesses be focusing more on engaging their customers virtually or in person? Since some customers prefer one and some prefer the other, you’re alienating people if you go too far in either direction. Dan Sullivan and Steven Krein discuss the incursion of digital elements into various aspects of human life and what this has your potential customers feeling—and seeking out.

Show Notes:

There was an industrial phase where everything old was torn down to build something new. And then there was pushback.

A good city is for both the people who live there and the people who only come for a few hours, then go home.

There’s a 50% renewal rate for Strategic Coach® clients who stick to virtual, and a 75% renewal rate for Strategic Coach clients who attend in-person workshops.

Some people have decided to just not travel anymore.

Virtual strengthens what happens in real life; it doesn’t replace it.

Testing something out on 50 people gives you a good idea about whether it works.

People are now pursuing what they’re interested in, and it’s harder to get their attention for what you want to share with them.

News stories disappear from public discussions much faster than they used to.

In the 1940s, the notion that you were supposed to enjoy your work didn’t exist.

There’s become a complete disconnection between higher education and the job market.

When people don’t know where they’re headed in the future, they go back to what they know and defend it.

Resources:

Thinking About Your Thinking by Dan Sullivan

Unique Ability®

The Transformation Trilogy set by Dan Sullivan and Dr. Benjamin Hardy

The Unique EDGE® Program

For most people, entrepreneurship used to feel out of reach. Now, technology has provided the necessary tools for anyone to start a company that has all the potential to give them freedom. Dan Sullivan and Steven Krein discuss the many invaluable ways AI can be used by business leaders, and how it’s opened doors for dreamers.

Show Notes:

Entrepreneurism by its very nature creates disruption and inequality.

Entrepreneurs like talking to other people who are entrepreneurial about their ideas in order to develop them further.

AI is creating a whole generation of people learning how to learn differently.

It might be more interesting to consider what using AI does to your brain versus what it does to your business.

Ten years from now, everybody's going to be using AI just as a matter of interacting with their computer.

People who would never use ChatGPT are going to have AI built into what they’re already doing on their phones and computers.

AI will eventually become so normal that it’ll become boring.

Resources:

Perplexity.ai

The Kolbe A™ Index

The Impact Filter™

Blog: Your Business Is A Theater Production: Your Back Stage Shouldn’t Show On The Front Stage

Book: AI As Your Teammate by Evan Ryan

The Transformation Trilogy: Who Not How, The Gap and the Gain, and 10x Is Easier Than 2x by Dan Sullivan and Dr. Benjamin Hardy