E471 Lessons From Consulting Part 3: What Gets Measured And Reported Gets Done

15 Minutes to Freedom

Ryan Niddel

Personal Journals, Motivational, Entrepreneurship, Business, Body, Meditation, Society & Culture, Relationships, Journal

3.6 • 1.5K Ratings

🗓️ 22 January 2020

⏱️ 18 minutes

🔗️ Recording | iTunes | RSS

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Summary

If you don't track it, you can't hack it. Have you ever heard that before? What does it mean to you? It means that if you aren't paying attention to certain metrics within your business or personal life, you won't have the correct information to make an educated decision on where to go. Join me as I explain the importance of profit vs. revenue, operating cashflow, and why you need to go beyond KPI's.

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Transcript

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0:00.0	The This is part three of lessons learned from consulting.
0:16.0	This is 15 minutes of freedom.
0:17.7	I'm your host Ryan Nindale and today is part three
0:21.8	of lessons learned from consulting.
0:24.0	In part one, I shared with you that efficient and effective communication is going to be the key to business and personal growth. In part two, we
0:36.3	discussed that intentionality of goals and how to disseminate them down and
0:41.3	around the people that are going to help support that desired outcome.
0:46.1	And in the third step, the third lesson is something that's incredibly impactful instantly for all of us.
0:57.0	And that is simply what gets measured and reported gets done.
1:07.0	Now this is applicable all across your life and your health and fitness in your relationship inside your business.
1:16.2	We could even put it towards a spirituality component.
1:21.4	You see all of us want to hold ourselves in a better light to ourselves than we might actually be in.
1:30.0	I truly believe that that's human nature.
1:34.0	Right, it's not comfortable to say all the things you're not doing the right way.
1:39.1	And of course, who am I to say what's right from wrong?
1:41.2	I don't think I'm really anybody. But let's be
1:45.3	honest if you're not tracking we'll say your weight on at least a weekly basis
1:50.6	same time a day, same give or take close on, same scale, same everything. You might
1:59.2	be able to deceive yourself and say you're making more progress than you really are.
2:07.0	Doesn't mean you're a bad person.
2:10.0	Just means you're deceiving yourself.
2:15.0	Same thing inside of a relationship, right? I love this one, especially us men.
	...

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