019 - Chess, Checkmate, and Cash

The 2 Cents Business Podcast

What do chess and business strategy have in common? A heck of a lot if you ask me…

In this episode, I walk through my process of treating strategic business planning like a game of chess…thinking more than 3 moves ahead and you’ll win at successfully achieving any business goal you set for yourself.

Highlights of this episode:

• 01:18 Why strategic planning is a lot like planning and playing a game of chess
  
• 03:33 What 3-4 moves you’ll make to set and achieve your business goals
  
• 04:20 Why you need to start with your long term goals
  
• 06:45 Why you need a WHY as your starting point
  
• 07:35 Why the B-word (budget) shouldn’t freak you out
  
• 08:49 How to break down your goals into a strategy and an action plan
  
• 10:27 What to consider and the questions to ask yourself when reviewing and breaking down your goals
  
• 11:15 Why you have to keep asking yourself questions and making adjustments to your action plan
  
• 13:50 What two KPIs determine your conversion “runway”
  
• 18:02 What strategies should you include in your action plan
  
• 20:03 How often you should check-in and when you should pivot or stay the course
  

RESOURCES

Kill The Vanity Metrics Challenge

Money Matters Checklist

Resources List

WORK WITH COMMON CENTS

Virtual Accounting, Bookkeeping & CFO Services

Courses & Programs

Templates

Planners & Printables

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Want to chat and hangout with me, Joyce? You can find me on Facebook, Instagram or Twitter…as @thecommoncents.

You can find all the links and additional show notes at: https://www.thecommoncents.com/podcast