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How Do I Forecast On Purpose?
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We will get into the specifics in more detail in future episodes, but the goal of today is to set the stage for what makes a great forecast and focus on the primary parts.
Objective today: inspire imagination about what’s possible and give permission to define purpose.
- Three P’s (see visual)
- Purpose
- The “Why”
- Custom definition of success
- What will make this all worthwhile?
- Why does it matter?
- Others will quickly offer their definition of success
- We might think it will bring us fulfillment as well, only to find out too late that it doesn’t
- Plan
- Projections and growth scenarios
- How do my current decisions either positively or negatively affect the future?
- Why does it matter?
- Can have strong purpose or desire but grow discouraged if not seeing it leading toward meaning
- Progress
- Profitability levers that can improve margins
- What can I improve to accelerate results?
- Why does it matter?
- Course correction sooner than later
- Proactive rather than reactive
- Purpose
What is it that you truly want and hope for from your business?
- Symptoms:
- Unsure which path to take in fork in the road
- Feel stuck
- Don’t know where to turn
- Action: Challenge you to take time to reflect on your desires
- Symptoms:
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