#151: Guest Olivia Parkes: Building Your Business with Systems in Mind


Starting a business can be an excellent path to financial success, and those who choose to enter into an entrepreneurship enterprise should equip themselves with the right tools and knowledge. Essential skills such as sales and cold calling will enable those to be successful, as well as the ability to track key performance indicators and data. Seeking advice from successful entrepreneurs will help to maximize potential success. The key takeaways emphasize understanding and reverse engineering business processes, creating systems and SOPs, tracking customer interactions, setting limits to avoid burnout, and implementing activities that bring enjoyment into the routine. These will all lead to creating a sustainable and successful business. Utilizing solutions like Upwork for client opportunities, and staying consistent in effort without getting caught up in costly purchases will be sure to increase the chance of success.

Quick Show Guide

  • (00:00 – 05:52) The Importance of Tracking Data for Business Growth 
  • (05:52 – 11:51) Uncovering the Secrets of System Reverse Engineering for Scalable Businesses. 
  • (11:51 – 17:10) Scaling Your Coaching Business Without Sacrificing Your Passion 
  • (17:10 – 23:01) Creating A Profitable Business Without Overwhelming Yourself 
  • (23:01 – 28:34) Creating a Flexible Schedule as an Entrepreneur 
  • (28:35 – 34:01) Systems Are Key to Growing Your Business and Seeing Results 
  • (34:01 – 38:52) Take Control of Your Business with Systems and Processe

Key Takeaways

  1. Set specific limits to avoid overworking and incorporate activities that bring joy.
  2. Have a well-structured business framework in order to ensure success and profitability.
  3. Track data and KPIs and use successful entrepreneurs as a mentorship resource.
  4. Understand and reverse engineer business procedures to make them more efficient and scalable.
  5. Invest time to create comprehensive SOPs to ensure processes are easy to follow.
  6. Have a clear schedule with hard stops to prevent overworking and burnout.

Connect with Olivia Parkes

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