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46. Mastering Business Metrics: The Power of Monitoring and Systems with Dwayne Kerrigan
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In Part 2 of the mic swap with Dwayne as the guest the conversation begins by exploring the fundamental principle that "Anything you monitor will get better," emphasizing the importance of setting benchmarks, establishing solid processes, and maintaining rigorous management oversight. He introduces a four-circle model for operational excellence and stresses the need for daily scheduling, clear goal-setting, and accountability groups. The discussion also highlights the crucial role of effective communication and the power of focused think time in propelling businesses forward. Through practical insights and actionable advice, this episode offers valuable strategies for entrepreneurs and business leaders looking to enhance their operational efficiency and drive sustainable growth.
Time Stamps:
00:00 Introduction
00:37 Welcome and Host Introduction
01:13 Mic Swap with Dwayne Kerrigan Part 2
01:34 Addressing Limiting Beliefs
01:39 Setting Standards and Accountability
03:43 The Four Circles Model
09:09 Importance of Scheduling
17:26 Think Time and Quality Questions
27:21 Handling Bad Days
32:33 The Power of Physiology
33:26 Managing Your Mental State
36:21 Leadership and Responsibility
44:17 Financial Literacy for Business Owners
45:32 The Importance of Financial Statements
53:59 Critical Drivers and KPIs
01:02:46 Mastery in Business and Life
01:04:35 Conclusion and Final Thoughts
Connect with Dwayne Kerrigan
Linked In: https://www.linkedin.com/in/dwayne-kerrigan-998113281/
Facebook: https://www.facebook.com/businessofdoingbusinessdk
Instagram: https://www.instagram.com/thebusinessofdoingbusinessdk/
Disclaimer The views, information, or opinions expressed by guests during The Business of Doing Business are solely those of the individuals involved and do not necessarily represent those of Dwayne Kerrigan and his affiliates. Dwayne Kerrigan or The Business of Doing Business is not responsible for and does not verify the accuracy of any of the information contained in the podcast series. The primary purpose of this podcast is to educate and inform. Listeners are advised to consult with a qualified professional or specialist before making any decisions based on the content of this podcast.
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