entrepreneurship Archives - DigitalMarketer Mon, 08 Apr 2024 18:04:43 +0000 en-US hourly 1 https://wordpress.org/?v=6.4.3 https://www.digitalmarketer.com/wp-content/uploads/2021/08/gearsNew-150x150.png entrepreneurship Archives - DigitalMarketer 32 32 2 Ways to Take Back the Power in Your Business: Part 2 https://www.digitalmarketer.com/blog/2-ways-to-take-back-the-power-in-your-business-part-2/ Mon, 08 Apr 2024 17:37:48 +0000 https://www.digitalmarketer.com/?p=167389 Discover how to reclaim control of your business with insightful strategies to navigate competition, colleagues, and customer demands.

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Before we dive into the second way to assume power in your business, let’s revisit Part 1. 

Who informs your marketing strategy? 

YOU, with your carefully curated strategy informed by data and deep knowledge of your brand and audience? Or any of the 3 Cs below? 

  • Competitors: Their advertising and digital presence and seemingly never-ending budgets consume the landscape.
  • Colleagues: Their tried-and-true proven tactics or lessons learned.
  • Customers: Their calls, requests, and ideas. 

Considering any of the above is not bad, in fact, it can be very wise! However, listening quickly becomes devastating if it lends to their running our business or marketing department. 

It’s time we move from defense to offense, sitting in the driver’s seat rather than allowing any of the 3 Cs to control. 

It is one thing to learn from and entirely another to be controlled by. 

In Part 1, we explored how knowing what we want is critical to regaining power.

1) Knowing what you want protects the bottom line.

2) Knowing what you want protects you from the 3 Cs. 

3) Knowing what you want protects you from running on auto-pilot.

You can read Part 1 here; in the meantime, let’s dive in! 

How to Regain Control of Your Business: Knowing Who You Are

Vertical alignment is a favorite concept of mine, coined over the last two years throughout my personal journey of knowing self. 

Consider the diagram below.

Vertical alignment is the state of internal being centered with who you are at your core. 

Horizontal alignment is the state of external doing engaged with the world around you.

In a state of vertical alignment, your business operates from its core center, predicated on its mission, values, and brand. It is authentic and confident and cuts through the noise because it is entirely unique from every competitor in the market. 

From this vertical alignment, your business is positioned for horizontal alignment to fulfill the integrity of its intended services, instituted processes, and promised results. 

A strong brand is not only differentiated in the market by its vertical alignment but delivers consistently and reliably in terms of its products, offerings, and services and also in terms of the customer experience by its horizontal alignment. 

Let’s examine what knowing who you are looks like in application, as well as some habits to implement with your team to strengthen vertical alignment. 

1) Knowing who You are Protects You from Horizontal Voices. 

The strength of “Who We Are” predicates the ability to maintain vertical alignment when something threatens your stability. When a colleague proposes a tactic that is not aligned with your values. When the customer comes calling with ideas that will knock you off course as bandwidth is limited or the budget is tight. 

I was on a call with a gal from my Mastermind when I mentioned a retreat I am excited to launch in the coming months. 

I shared that I was considering its positioning, given its curriculum is rooted in emotional intelligence (EQ) to inform personal brand development. The retreat serves C-Suite, but as EQ is not a common conversation among this audience, I was considering the best positioning. 

She advised, “Sell them solely on the business aspects, and then sneak attack with the EQ when they’re at the retreat!” 

At first blush, it sounds reasonable. After all, there’s a reason why the phrase, “Sell the people what they want, give them what they need,” is popular.

Horizontal advice and counsel can produce a wealth of knowledge. However, we must always approach the horizontal landscape – the external – powered by vertical alignment – centered internally with the core of who we are. 

Upon considering my values of who I am and the vision of what I want for this event, I realized the lack of transparency is not in alignment with my values nor setting the right expectations for the experience.

Sure, maybe I would get more sales; however, my bottom line — what I want — is not just sales. I want transformation on an emotional level. I want C-Suite execs to leave powered from a place of emotional intelligence to decrease decisions made out of alignment with who they are or executing tactics rooted in guilt, not vision. 

Ultimately, one of my core values is authenticity, and I must make business decisions accordingly. 

2) Knowing who You are Protects You from Reactivity.

Operating from vertical alignment maintains focus on the bottom line and the strategy to achieve it. From this position, you are protected from reacting to the horizontal pressures of the 3 Cs: Competitors, Colleagues, and Customers. 

This does not mean you do not adjust tactics or learn. 

However, your approach to adjustments is proactive direction, not reactive deviations. To do this, consider the following questions:

First: How does their (any one of the 3 Cs) tactic measure against my proven track record of success?

If your colleague promotes adding newsletters to your strategy, lean in and ask, “Why?” 

  • What are their outcomes? 
  • What metrics are they tracking for success? 
  • What is their bottom line against yours? 
  • How do newsletters fit into their strategy and stage(s) of the customer journey? 

Always consider your historical track record of success first and foremost. 

Have you tried newsletters in the past? Is their audience different from yours? Why are newsletters good for them when they did not prove profitable for you? 

Operate with your head up and your eyes open. 

Maintain focus on your bottom line and ask questions. Revisit your data, and don’t just take their word for it. 

2. Am I allocating time in my schedule?

I had coffee with the former CEO of Jiffy Lube, who built the empire that it is today. 

He could not emphasize more how critical it is to allocate time for thinking. Just being — not doing — and thinking about your business or department. 

Especially for senior leaders or business owners, but even still for junior staff. 

The time and space to be fosters creative thinking, new ideas, and energy. Some of my best campaigns are conjured on a walk or in the shower. 

Kasim Aslam, founder of the world’s #1 Google Ads agency and a dear friend of mine, is a machine when it comes to hacks and habits. He encouraged me to take an audit of my calendar over the last 30 days to assess how I spend time. 

“Create three buckets,” he said. “Organize them by the following:

  • Tasks that Generate Revenue
  • Tasks that Cost Me Money
  • Tasks that Didn’t Earn Anything”

He and I chatted after I completed this exercise, and I added one to the list: Tasks that are Life-Giving. 

Friends — if we are running empty, exhausted, or emotionally depleted, our creative and strategic wherewithal will be significantly diminished. We are holistic creatures and, therefore, must nurture our mind, body, soul, and spirit to maintain optimum capacity for impact. 

I shared this hack with a friend of mine. Not only did she identify meetings that were costing her money and thus needed to be eliminated, but she also identified that particular meetings could actually turn revenue-generating! She spent a good amount of time each month facilitating introductions; now, she is adding Strategic Partnerships to her suite of services. 


ACTION: Analyze your calendar’s last 30-60 days against the list above. 

Include what is life-giving! 

How are you spending your time? What is the data showing you? Are you on the path to achieving what you want and living in alignment with who you want to be?

Share with your team or business partner for the purpose of accountability, and implement practical changes accordingly. 


Finally, remember: If you will not protect your time, no one else will. 

3) Knowing who You are Protects You from Lack. 

“What are you proud of?” someone asked me last year. 

“Nothing!” I reply too quickly. “I know I’m not living up to my potential or operating in the full capacity I could be.” 

They looked at me in shock. “You need to read The Gap And The Gain.”

I silently rolled my eyes.

I already knew the premise of the book, or I thought I did. I mused: My vision is so big, and I have so much to accomplish. The thought of solely focusing on “my wins” sounded like an excuse to abdicate personal responsibility. 

But I acquiesced. 

The premise of this book is to measure one’s self from where they started and the success from that place to where they are today — the gains — rather than from where they hope to get and the seemingly never-ending distance — the gap.

Ultimately, Dr. Benjamin Hardy and Dan Sullivan encourage changing perspectives to assign success, considering the starting point rather than the destination.

The book opens with the following story:

Dan Jensen was an Olympic speed skater, notably the fastest in the world. But in each game spanning a decade, Jansen could not catch a break. “Flukes” — even tragedy with the death of his sister in the early morning of the 1988 Olympics — continued to disrupt the prediction of him being favored as the winner. 

The 1994 Olympics were the last of his career. He had one more shot.

Preceding his last Olympics in 1994, Jansen adjusted his mindset. He focused on every single person who invested in him, leading to this moment. He considered just how very lucky he was to even participate in the first place. He thought about his love for the sport itself, all of which led to an overwhelming realization of just how much he had gained throughout his life.

He raced the 1994 Olympic games differently, as his mindset powering every stride was one of confidence and gratitude — predicated on the gains rather than the gap in his life. 

This race secured him his first and only gold medal and broke a world record, simultaneously proving one of the most emotional wins in Olympic history. 

Friends, knowing who we are on the personal and professional level, can protect us from those voices of shame or guilt that creep in. 


PERSONAL ACTION: Create two columns. On one side, create a list of where you were when you started your business or your position at your company. Include skills and networks and even feelings about where you were in life. On the other side, outline where you are today. 

Look at how far you’ve come. 

COMPANY ACTION: Implement a quarterly meeting to review the past three months. Where did you start? Where are you now? 

Celebrate the gain!

Only from this place of gain mindset, can you create goals for the next quarter predicated on where you are today.


Ultimately, my hope for you is that you deliver exceptional and memorable experiences laced with empathy toward the customer (horizontally aligned) yet powered by the authenticity of the brand (vertically aligned). 

Aligning vertically maintains our focus on the bottom line and powers horizontal fulfillment. 

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Granted, there will be strategic times and seasons for adjustment; however, these changes are to be made on the heels of consulting who we are as a brand — not in reaction to the horizontal landscape of what is the latest and greatest in the industry. 

In Conclusion…

Taking back control of your business and marketing strategies requires a conscious effort to resist external pressures and realign with what you want and who you are.

Final thoughts as we wrap up: 

First, identify the root issue(s).

Consider which of the 3 Cs holds the most power: be it competition, colleagues, or customers.

Second, align vertically.

Vertical alignment facilitates individuality in the market and ensures you — and I — stand out and shine while serving our customers well. 

Third, keep the bottom line in view.

Implement a routine that keeps you and your team focused on what matters most, and then create the cascading strategy necessary to accomplish it. 

Fourth, maintain your mindsets.

Who You Are includes values for the internal culture. Guide your team in acknowledging the progress made along the way and embracing the gains to operate from a position of strength and confidence.

Fifth, maintain humility.

I cannot emphasize enough the importance of humility and being open to what others are doing. However, horizontal alignment must come after vertical alignment. Otherwise, we will be at the mercy of the whims and fads of everyone around us. Humility allows us to be open to external inputs and vertically aligned at the same time.

Buckle up, friends! It’s time to take back the wheel and drive our businesses forward. 

The power lies with you and me.

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2 Ways to Take Back the Power in Your Business: Part 1 https://www.digitalmarketer.com/blog/2-ways-to-take-back-the-power-in-your-business-part-1/ Mon, 25 Mar 2024 22:12:58 +0000 https://www.digitalmarketer.com/?p=167349 Discover how to reclaim control of your business with insightful strategies to navigate competition, colleagues, and customer demands.

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As I considered the topic that would best serve entrepreneurs, business owners, and marketers alike — all of whom I am — I mused over what I needed most throughout the last year. 

I needed to take back control of my business. 

And I am charging you to do the same. 

While I have provided two strategic ways to do so, the first outlined below and the second outlined in this blog post, it is critical that we first identify the root issue. 

Why are you and I not operating in the driver’s seat of our marketing and/or businesses? 

Three fundamental core challenges come in the form of 3 Cs: Competition, Colleagues, and Customers.

Who Are You Listening To?

1. Competition

We know the feeling all too well.

We feel a pit in our stomach or a slight racing of the heart when our competitors’ ads or organic content seem to be taking over social media and the internet: Google Ads, YouTube, TikTok, newsletters, LinkedIn, programmatic…

And don’t forget traditional advertising.

Especially if you are in the home services or specialty services spaces where direct mail is 100% where you need to be, but don’t forget the QR code and UTMs and unique landing pages and geotargeted ads and email nurturing sequence for a holistic approach. 

Our competition’s budget appears never-ending, and their marketing team must be fantastic. 

Is theirs the strategy we should adopt, deviating from our carefully charted course agreed upon at the outset of the year?

2. Colleagues

Or perhaps it’s that of the peers in our Masterminds or networking groups or online communities. 

After all, within these groups resides a wealth of knowledge and expertise, tried-and-true insights, and wins. I am guilty as charged — my talk at T&C 2024 was chock-full of recommendations guiding marketers on their path to generating over 800% ROAS…
Should our marketing strategy or business’s bottom line deviate then?

3. Customers

Oh! But the power of our customers…when their phone call just after 5:00 PM because they saw their competitor’s ad and want to change course. 

Or when our customers’ higher-ups ask why you didn’t generate enough leads last month and how the bottom line is threatened if we don’t do something fast.

And how they joke about your job being on the line if numbers don’t change.

Do any of these resonate? 

If you are a human with a soul that cares about your business, team, and customers, I anticipate your hand is raised alongside mine. 

Friends, it is time we unbuckle the seatbelt of the 3 Cs and graciously escort them out. 

It’s time for you to regain control.

How to Regain Control of Your Business: Knowing What You Want

I cannot tell you how many times my question, “What do you want?” is met with blank stares. 

Such a simple question with such significant ramifications. 

To assume control, we must know what we want for the following three reasons.

1) Knowing what you want keeps you focused on the bottom line.

So many of us fail to regularly take stock of where we are actually going. 

Our heads are down, focused on tasks before us, rather than heads up, looking to the finish line yet equally aware of how our strategies today are or are not moving us closer to that target. 

With our heads down, the focus is on the key performance indicators (KPIs) of the necessary activations to achieve the bottom-line goal rather than the focus being on the goal itself. 

The trick is maintaining clarity of the goal and bottom line to then inform the strategic direction.


EXAMPLE: The Knowing Agency serves as fractional CMO for a waterproofing company. A major — colossal, even — KPI is lead generation. 

This KPI is obviously important because you need leads to get customers.

However, in 2023, our lead count was down significantly. 

With the 3 Cs close at hand, I questioned myself: Am I leading the team in the wrong direction!? 

We must be willing to ask tough questions and pursue the truth, even if it may prove that we are heading in the wrong direction — especially then! 

For we must first know the truth to then be changed by it. 

But I had to zoom out in order to know. 

With the bottom line as the primary focus, I then considered the KPI. 

When we zoomed out and measured that KPI in light of the bottom line, revenue, rather than as a standalone metric, we actually saw a significant increase in overall revenue and profits despite a lower lead count.

This means that while we were driving fewer leads, they were much more qualified, hence driving higher revenue.


My question for you is: Do you know what you want? 

And do you know your bottom line goal and the KPIs necessary to get there?

2) Knowing what you want protects you from the 3 Cs. 

The bottom-line goals of your company or department serve as guardrails to keep you on the straight and narrow when one of the 3 Cs comes calling. 

Protection from Competitors: Their bottom line could very well be entirely different from yours. Perhaps you seek to expand into a new region and must allocate funds by cutting budgets on top-of-funnel brand awareness tactics. Yet your competitor is dominating TV. Don’t deviate; your bottom line is at stake. 

Protection from Colleagues: Perhaps your bottom line is similar, but your target audiences are different. They are finding wild success with newsletters reaching an older demo while your audience is highly engaged with podcasts. Yes, perhaps explore newsletters, but not at the expense of your engaged audience on your podcast. 

Protection from Customers: Hopefully, you both have the same bottom line! However, when my client called with concerns about the KPI of lead numbers, which is indeed important, my ability to maintain focus on the bottom line guided their right thinking about what matters most: Revenue. 

Protection from the 3 Cs does not mean turning a blind eye or ignoring what is working for them. But it does keep your bottom line as the chief focus.

3) Knowing what you want protects you from running on auto-pilot.

Knowing what you want maintains momentum and breathes energy into tasks that otherwise would be monotonous.

Lead yourself or your team in revisiting the vision for the company regularly.

Nine-to-five employees increasingly seek to align with impact-driven organizations, and keeping the transformation the company aims to procure top-of-mind will drive motivation.

The transformation is always emotional, even surrounding a product or service.


EXAMPLE: Returning to the waterproofing company our team supported. Waterproofing a basement transforms the customers’ emotional states from one of anxiety or worry into one of peace or assurance. 

What once was: We are a waterproofing company servicing homeowners in Destin, Florida, for 54 years. Trust our team to waterproof your basement! 

Turns into: Our company cares for your family. Our company preserves homeowners’ greatest investment. Our company, ultimately, protects your home, which is where life happens. 

Suddenly, a waterproofing company has empathy.

Just like that, we are serving families and homes, not just servicing a basement.


But before you can truly know what you want, you first have to know who you are.

Head on over to Part 2!

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Improve Your Close Rate with The 4 W’s with Alex Schlinsky [VIDEO] https://www.digitalmarketer.com/blog/improve-your-close-rate-alex-schlinsky/ Fri, 07 Oct 2022 12:48:00 +0000 https://www.digitalmarketer.com/?p=162536 Improve your close rate with these incredible tips from Alex Schlinsky

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1. Where Are You Now?

2. Where Do You Want to Go?

3. What is the Obstacle?

4. What is the Urgency?

Alex Schlinsky runs an entrepreneurial mastermind and mentorship community, Prospecting On Demand. His agency has won multiple awards and he offers a 5X ROI guarantee to all his clients. https://www.alexschlinsky.com/

EXTRA RESOURCES:

The 1-Page Marketing Blueprint

The Psychology Of The $10 Million 1 Call Close Sales Method

How to Build Your First 3 Marketing Service Offerings

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3 Warning Signs of Agency Armageddon with Jason Portnoy [VIDEO] https://www.digitalmarketer.com/blog/warning-signs-of-agency-armageddon-jason-portnoy/ Thu, 29 Sep 2022 11:27:00 +0000 https://www.digitalmarketer.com/?p=162490 If your agency is experiencing these pitfalls, you may be on your way to agency armageddon

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Here are 3 signs you’re in an Agency Armageddon

1. Renegotiation

2. Attribution

3. Ad Cost

Jason Portnoy is a serial entrepreneur, top-ranked podcast host and founder of a premier digital marketing agency. Portnoy is passionate about helping businesses get results. https://jportnoy.com/

EXTRA RESOURCES:

The 1-Page Marketing Blueprint

The #1 Reason Your Marketing Agency is Failing

The Hollywood Model

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Avoid Burnout with the Anti-Hustle Model with Alex Schlinsky [VIDEO] https://www.digitalmarketer.com/blog/avoid-burnout-anti-hustle-alex-schlinsky/ Fri, 09 Sep 2022 19:14:40 +0000 https://www.digitalmarketer.com/?p=162348 Hustle culture has ultimately ruined the excitement of entrepreneurship. Burn out is REAL and doing it all in the name of "the hustle" is detrimental to your success.

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Hustle culture has ultimately ruined the excitement of entrepreneurship. Burn out is REAL and doing it all in the name of “the hustle” is detrimental to your success. The Anti-Hustle Model teaches you that the goal of entrepreneurship is happiness, and choice is the greatest gift in running your own business.

Alex Schlinsky is the CEO of Sky Social Media, a unique digital marketing firm that caters directly to their client’s needs, focusing on results and ROI with advertising across all digital platforms. https://www.linkedin.com/in/alexschlinsky/

EXTRA RESOURCES:

The 1-Page Marketing Blueprint

It’s Not About Influencers, It’s About Partnerships

THE X FACTOR – Do You Have It?

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5 Keys To Success In Life & Business After Sports https://www.digitalmarketer.com/blog/5-keys-to-success-in-life-after-sports/ https://www.digitalmarketer.com/blog/5-keys-to-success-in-life-after-sports/#respond Wed, 02 Mar 2022 17:01:45 +0000 https://www.digitalmarketer.com/?p=158445 It's no secret why athletes struggle in the transition to life after sports, but one of the most important elements is getting clarity and understanding on these five components. Because without them, you are going to continue to feel stuck, struggling, and unfulfilled.

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It’s no secret why athletes struggle in the transition to life after sports, but one of the most important elements is getting clarity and understanding on these five components. Because without them, you are going to continue to feel stuck, struggling, and unfulfilled.

The Five P’s of Your Success in Life After Sports

What’s up my former athlete family? It’s Cletus Coffey, the founder of recovering athlete coaching and training. This article is about the five P’s of your success in life after sports. After you read this you’re going to think: “ah, goodness, how did I not remember this? How did I not understand this?”

See, in my journey, I didn’t have someone that understood me specifically. I did a ton of personal development work, coaching and training, I read the books, and I followed the experts.

Without a doubt, it helped me over a decade to process and better understand myself to figure out how I can improve, how I can become elite, and how I can follow my dreams. The challenge was, they didn’t understand me as a former athlete.

So you’re lucky that you’re in the right spot, because I understand you.

It wasn’t until I was able to take this information and process it through the language of sports to really being understanding what was next for me. For almost 85% of my life, I had been an athlete.

Once I had put that information into the language of sports, I finally understood… I’m going do my best to do that for you here. Understanding these five components and why you have all five as an athlete. I’m willing to bet, you only have one, maybe two, of them in your life after sports.

No wonder why we’re stuck and struggling.

You will continue to, until you get clarity on how these five elements you once had as an athlete apply to life after sports. Most of us want to go pro in our particular sport, not realizing that we can create a ton more success, money, fulfillment, and impact in going pro outside of sports. So let’s do that. Let’s grasp these five elements to help you go pro in life after sports.

Business success after sports career

First things first, I’m going to communicate to you through you as being an athlete, and then we’ll transition over into life after sports.

Passion

Number one, the first P, Passion. We were passionate about our sport or sports, we were passionate about our craft. It may have taken you through the high school level, collegiate, or beyond. You’ve probably thought, “this is fulfilling, this is fun, I’m passionate about this.”

Some of you would have said (talking professional athletes here): “The fact that they pay me is just a bonus.” I love what I do. You felt passionate about it. That’s number one.

Purpose

Number two, a Purpose. You had a purpose that would have been either to make yourself better or maybe it was to make your team or your teammates better. Maybe it was to represent your community or your family, or to reach your highest potential. As an athlete in your sport, you had purpose.

It maybe was to make the starting lineup or to reach a certain level, there was a purpose behind you that drove you and created that fire in you. That’s what purpose does. It’s incredibly powerful.

Performance

Performance was a big thing. Really one of the biggest points of measurement for us in our athletic days. That’s how we measured ourselves. Am I getting bigger, faster, stronger? We would look at our stats, wins, and losses and be able to answer the question, “how am I performing?”

Performance was a big piece because that’s where the fun is, right? We get to go out there and we get to perform.

Points

Next is Points. Now this was a big one in sport because a lot of us measured our self-worth, level of confidence, and view of ourselves based on the points which are important in sports. When I say points, I’m talking about the scoreboard.

Did we win or did we lose? What type of stats are you putting up? What type of weight are you lifting if you lifted weights, or what type of races are you competing in? Those types of things. We measured ourselves based on results or the scoreboard.

Those results gave us feedback so that we know how to improve, get better, and continue to grow. Points were the biggest component of us as athletes.

Play

Lastly, Play. This is what we did, we love playing. That’s what, oftentimes, athletes forget. That we love to play. That’s what we did. Even when it got into a business, meaning if you became a professional athlete that sometimes the business muddied the play, but at the end of the day, you’d like to play even with business in it!

So Passion, Purpose, Performance, Points, and Play are the five key elements.

You most likely have had all five firing during sports but when transitioning into life after sports, you only have one or two.

Life After Sports

Let’s transition over to now. It doesn’t matter if you just retired from sports, or it’s been 20 years, all of this applies to you. Whether you played high school sports, or you’re a professional athlete, you’re an athlete, you got in there, you played that down, you got on a team, you competed and trained, you know what it means to be an athlete, you’ve got that DNA inside you.

Let’s take these five P’s and apply them to life after sports. Which one of these have you activated as part of your day to day life?

Passion

Are you passionate about what you do for work? For example? Are you passionate about something in particular that just gets you fired up, and is a part of your everyday life? I’m not talking about just going to the office, working your butt off everyday and only pursuing passions when you come home. This is fine, however, we get in this mindset of thinking that our passion only happens when we have extra time.

As an athlete, you didn’t just compete in sports, and then do passion stuff on the side. It was part of you as an athlete. It was what you did, everyday. You thrived in that and were fulfilled in that work. Passion has got to be a part of your everyday life, not just a side thing, or when you have extra time.

Purpose

Purpose, what is your purpose? Where is the fight in you, the drive to make an impact, to do something meaningful, to do something that is going to impact and serve the lives of others, like you once did for your teammates, community, family? Where is the purpose in your life now? This is straight to the heart here. When you are purpose driven?

You made some incredible things happen in your life, on some level. Where is that drive today? If you don’t have it, now’s the time to start finding that purpose.

Performance

Now we’re going to get into the two key elements that most people have activated. The first one is performance. You’re probably performing in some form or fashion. Maybe you have a job or you’ve started a business and you’re performing to make sure you maintain your job, or your business is growing and you are performing to reach your goals and benchmarks. Performance is usually a big tracking point for us in life, just like we tracked points in sports.

Points (Profits)

Now I’m going to make a quick shift here, instead of points, I’m going to call it profits, when it comes to life after sports. Because many people are focused on how much money they are making or what type of revenue they have. It becomes more about profit, which is essentially the same thing, an end result. I don’t want to make this all about money by saying profit but I’m hoping you get my point here. A main driver for most people in our society is money.

Now is money the end all? No. Is that what you should be chasing? No. Is it important and necessary? Absolutely. So we want to make sure that’s part of this process.

Play

The last thing is Play. What we need to remember is that our brains are wired for play. I’m not just talking about weekends or vacations. Where is play in your day to day life right now? Where is it in your work? Where is it in your lifestyle? Play needs to be a part of your life, because that’s what you are wired for.

Conclusion

Looking at all five of these elements, passion, purpose, performance, profit, and play, most people are simply focusing on performance and profit. My friend, you need to remember that you are an athlete, you have an athlete’s DNA. You know what it’s like to be in a place of passion, that is purposeful, and you’re driven to make a difference and make an impact. You know that play is a part of your life, you’re wired for it. What is holding you back from incorporating those necessary things, and in some cases, for many of us, continuing to improve performance, and profit.

It’s important to recognize that you were not built for mediocrity, you weren’t. You wouldn’t have gotten into sports. Think about it. Did you join a team with the intention of hanging out on the bench? No, you did not. What is the reason now? Why would you, a former athlete, want to sit on the bench after sports?

Let’s get off the sidelines and into the game and these five P’s are an integral piece to make sure you have them aligned, just like you did in sport. If you’re out of sync with any of them, it’s time to invest time into it. Doing the work to identify your passion, getting clear on purpose, and really dialing in your performance metrics.

How are you measuring your success? And what does success even look like? If you’re still measuring your success off of profit, my friend, you have to reframe that. That doesn’t work anymore. Are those things important? Yes. You can’t control it.

However, you can’t control what the scoreboard says. You can control your effort, and your attitude, and how you respond when the scoreboard or profits isn’t what you want. You can control those things, but you can’t control the scoreboard. Lastly, where is play incorporated into day to day life. Because when you have all of these firing, it will bring you back to your former athletic days, and how you felt. Maybe not all the time, I understand, but the vast majority of time you performed at your peak, you did it because you had all of these five components firing. It’s time to get them set up in your own life after sports.

If I can help support you do that, go to Cletuscoffey.com/playbook to get started on your journey with us. Get you involved in our community, start learning how we can help support you with our coaching, training, masterminds, and in our groups of former athletes. Entrepreneurs are coming together to make a greater positive impact in their life than they ever did in sports. So let’s go pro. Now that sports is over, let’s really go pro and let’s make a greater impact together.

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