Episode Details

Build a business that serves your life, not enslaves you.

Jonathan B. Smith (JBS), expert EOS implementer, shares how most entrepreneurs discover years later their business is choking them because they never stopped to figure out what they want from life.

Scaling with purpose means building a business that helps you get what you want out of life, not making you a slave to your business.

THE PROBLEM:

Entrepreneurs start a business. Years later, they discover the business is choking them.

They never stopped to figure out what they want out of the business and life. Very few know what they actually want.

SCALING WITH PURPOSE:

Building a business that helps you get what you want out of life, NOT building a business that makes you a slave.

How? Right team Right business Right markets Right capital structure Proper conversations Good life at home Take care of health

At EOS we call it: The EOS Life.

COACH'S LIFE-CHANGING ADVICE:

"Decide what life you want and then build a business around that life" VERSUS "Having a business and letting that dictate your life"

THE REFLECTION:

If your business is not allowing you to live the life you want, reflect on what life you want.

Then figure out how to:

• Hire people

• Adjust your business

• Sell your business

• Buy a new business

• Change your business

THE REALISATION:

Most people don't realise they have a choice.

You are NOT trapped. You ARE trapped by your own mind thinking there are no other opportunities.

FREEDOM SQUARED TOOL:

Jonathan built the Freedom Squared Tool with eight elements from Strategic Coach.

Freedom Squared means:

• Decide who you live with
• What you want to do
• When you want to do it
• Where you do it
• How it works

Sounds crazy to a lot of people, but you can intentionally build that life.

QUESTIONS TO ASK:

What life do you want? How does your business fit that life? Are you a slave to your business or does your business serve you?

KEY INSIGHT:

Your business should help you get what you want out of life.

If your business is not allowing you to live the life you want, reflect and make changes.

You have a choice: hire, adjust, sell, buy new, or change.

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