Mike, Brook and A'marri discuss goal setting and strategic planning for your
business. Your data should tell a story. Within that story are learning lessons that
need to be applied to your new strategies. This goes for your business as well as your personal life. Some things are black and white and others are gray and nuanced. Be disciplined in your routine, but allow new ideas and creativity to process in the background of your mind after a power nap, run, workout or Mike's favorite, a "shower moment". We reflect in January as we prepare for the stress testing moments that show up later in the year in the middle of the action.
2:50 Mike and Brook discuss the importance of reviewing last year's performance, analyzing revenue, expenses, and whether certain investments were truly profitable.
4:35 Mike uses the analogy of weight loss to explain how business owners should track their progress, emphasizing the importance of writing everything down, measuring results, and making adjustments just like a fitness journey.
9:00 Mike, Brook and A'marri discusses the significance of tracking every expense, no matter how small, and how financial awareness can lead to better decision-making.
16:30 Mike emphasizes the importance of reflection and strategic thinking, encouraging business owners to take time to analyze what is working and what needs to change.
32:00 Amarri highlights the idea that data should tell a story, and decisions should be driven by the patterns and insights found in the numbers.
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