Debra Chantry Taylor is very passionate about seeing entrepreneurs and leaders live their best life for creating a better business. She’s a professional EOS implementer, accredited family business advisor and a qualified leadership coach.
In this episode, Debra Chantry Taylor shares :
- A simple framework that gives guidance/clarity for entrepreneurs without taking away their entrepreneurial spirit (EOS, Entrepreneurial Operating System).
- The 6 components of EOS, and how to use them to improve your business.
- Vision; can we clearly articulate who we are, why we exist, who we exist for what we do for those people, and our long-term targets? Making sure everyone in your organization understands your vision and the part they play in achieving it.
- People; Having the right people in the right seat in your organization
- Data; “do NOT measure the things that make you feel good, measure the things that help you make informed business decisions” including how to use a scorecard to understand how your business is doing overall.
- Issues; Knowing the issues, writing them down, and finding the root cause of the Issues. “Issuesarenot always negative, could be an opportunity”
- Process; The Pareto principle, 20% of our process creates 80% of our results. The document, train, lead, manage, hold people accountable and continually refine your process.
- Traction; Quoting Geno Wickman “Vision without action is hallucination”
- Lessons about discipline and accountability-Regular ‘effective’ meetings with your team.
- EOS is all about creating a business to help you lead a better life-managing your energy and becoming a better leader.
- Life changing question-Are you doing what you love with the people you love?
- How Debra became a biochemist because it is what her family wanted for her, but she realized”life is short “and you need to do what you love with the people you love.
- Habits that have helped Debra achieve success, becoming a biochemist and then an entrepreneur
- Plan your life before someone else does
- Must take time for yourself
- And much more…
Resources mentioned in the show
- Get a Grip. EOS
- Book Radical Candor
- Patric Lencioni-5 dysfunctions of a team
- www.Debra.coach
- Better business, better life podcast
- If you would like more insights on profit maximization for your business visit www.ProfitHive.com.au
