Are you pulling on the wrong levers in life?
Jan 25, 2023Are you focused on the right levers?
Welcome to the SPS Newsletter.
“Big doors swing on little hinges.”
-W. Clement Stone
“Your store is closing.”
Those words rocked my world in March 2011.
My visa was up for renewal. I didn’t have time to get a new job. I would be deported from Canada.
12 years later, I look back and smile at one of my life’s most defining and stressful moments.
But what happened?
The shock:
I was planning a trip back to the UK and Ireland and had requested time off.
I saw my regional manager calling. I thought I was getting the green light for an extended vacation. The call took a much different turn.
“Your store is closing.”
“I am not sure I have a job for you.”
The panic:
Losing a job is scary enough but having to leave a country hit hard.
My girlfriend at the time was in tears. Even if I got a new job, my visa application would start from scratch again. I only had a few months left and everything was linked to my current job.
Everything felt out of my control.
The reality:
I was the newest manager in the region.
I was 100% sure I was done. There were several managers with years of experience ahead of me. But I had one saving grace.
My store and I were top of the region for store cards sold.
The store card was my regional manager’s core focus.
The rumours:
A week passed, and I heard others managers had “left.”
Either they were let go, or they walked. Every time the phone rang at the store, I got a little nervous. Is this the call that will change my life?
It was like living on a knife's-edge.
I can honestly say it was the most stressed I'd ever been.
The 2nd call:
The day arrived, and the phone rang “Oh f**k here we go.”
“Stephen… how would you like to work in this other store.”
I can’t tell you how quickly I said yes. It was like scoring a winning goal in the last minute of injury time. I was over the moon.
I would get to stay in Canada.
I would have time to finish my Visa process.
What saved me:
The store cards did.
I wanted to impress and succeed in my new job. The regional manager was obsessed with the new store card. A lot of older managers didn’t buy in.
I made it my goal to dominate the store card leaderboard.
I was the top-selling manager, and my staff were also top of the leaderboard.
The lesson:
Find the levers that create the most impact.
In every role since I look for what’s important:
• What makes you money?
• What matters to the boss?
• What is busy work and distraction?
• What matters most to your business?
Following this rule, I went from a retail manager making a little over $30k a year to succeeding in 6-figure corporate leadership roles.
It gave me the confidence to become a business owner and coach.
“Big doors swing on little hinges.”
5 reasons why as a solopreneur I focus on BIG levers in my business:
(Personal breakdown of my thoughts)
“The best way to predict your future is to create it.”
- Abraham Lincoln.
1) I find and focus on the high-value and high-$$$ levers because this is the only way to ensure my business is continually growing and bringing in the $$$.
“The most dangerous thing you can do in business is to take too few risks.”
- Mark Zuckerberg.
2) Regularly monitoring and adjusting these levers helps me make data-driven decisions and stay ahead of bumps or barriers that come up.
Without data, I don’t know what levers to pull. I don’t know what actions to take. I could back the wrong risk.
You need to review your data.
“You miss 100% of the shots you don’t take”
- Wayne Gretzky.
3) Identifying and prioritizing the most impactful areas of my business drives significant ROI.
If I know the right levers, I will take the right actions. I will take more shots because I have targets in sight. I will score more goals.
My goal is to work fewer hours while creating more positive results.
“You can’t build a reputation on what you are going to do.”
- Henry Ford.
4) By focusing on these high-value levers, I can reduce wasted time, improve my lead generation, close rate, and increase sales.
This gives me a sense of confidence in my ability to scale my business. I also have a good coach behind me who calls out the levers I am missing.
We all need a good coach in our corner to help us take more action.
“The best way to predict the future is to create it.”
- Peter Drucker.
5) I devote time and resources to these high-value and high-dollar levers because I am setting my business up for long-term success and stability.
I didn’t start a business to fail in 6 months or move on to something new in a year.
I want to create a sense of security and satisfaction in a bigger, better future I created out of thin air.
How I help business owners:
This idea of focusing on core levers is one of the 1st parts of my PRO Accelerator Program.
Get clear on high-value activities for life. Get clear on high-$$$ in the business. Build a structure so taking action on these levers is frictionless.
It's simple but often not easy because you have to get out of your own way mentally and emotionally.
I hope this week's newsletter will help you focus on the levers that matter.
Make it a good one,
Big love,
ST.
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