THREE WAYS TO FIND YOUR BUSINESS PURPOSE

There are many ways you can grow your business. At No More Practice we spend a lot of time collaborating with key experts from all walks of life to help you do just that. But one thing I have realised when comparing good businesses with the really great ones is that there is one thing that truly sets them apart.

It’s not money, or staff, or clients. Sure all those things are there, but they are a result of something else.

To put it simply, this one great thing is an awareness and focus of the true purpose of the business and its owner.

These businesses and their owners not only focus on the day to day essentials of running a business, they also focus on why they entered the business in the first place.

That is a big concept I know. But the fact remains that those who invest the time to truly discover what their business purpose is, cannot help but thrive.

For those of you who have glimpses of your purpose and then get stuck in the detail, it is important to step out of the day to day running of the business and tap into the bigger picture.

Three ways I find that help me to connect with my business purpose on a regular basis are:

Reading inspirational books – there are so many out there and I suggest you buy a kindle and type in key words that interest you in the search function – I have found many brilliant words of advice this way.

Find a place you are inspired – for me it is the Blue Mountains. I go there once a month to recharge, get out of the day to day and connect with more creative thinking

Talk to people you admire – and they can be anyone, from the guy who runs the coffee shop, (and works so hard!) to the guest speaker at a conference or event. Find qualities you like in people and explore how they do what they do – and more importantly, why.

If you can tap into what is really motivating you, there will be no stopping your business from becoming the success it is destined to be.

(And for those of you who are interested, my purpose is to help the financial services/ advice community connect in new and engaging ways with the rest of the world – to increase and transform prosperity. If we can help you, then you can help your clients and everyone wins!)

Vanessa Stoykov is the founder of No More Practice, and the founder of the parent company, evolution media group in 1999. She has over 20 years’ experience in financial services as both a journalist and business owner. She is an award winning chief executive who is passionate about creating education and communications to help the wealth industry and consumers fulfill their prosperity potential.

The opinions, advice, or views expressed in this content are those of the author or the presenter alone and do not represent the opinions, advice or views of No More Practice Education Pty Ltd. Our contents are prepared by our own staff and third parties who are responsible for their own contents. Any advice in this content is general advice only without reference to your financial objectives, situation or needs. You should consider any general advice considering these matters and relevant product disclosure statements. You should also obtain your own independent advice before making financial decisions. Please also refer to our FSG available here: http://www.nmpeducation.com.au/financial-services-guide/.

Closing the data gap

Let’s start with some troubling figures: according to recent projections, there are around 12 million Australians who say they have unfulfilled advice needs. The average

Government finally responds to the QAR

At long last, Assistant Treasurer Stephen Jones has outlined the Government’s preliminary response to the Quality of Advice review – and revealed which of Michelle