241 - Are You Measuring What Matters?
Release Date: 05/06/2019
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It’s another great day for an episode of the Healthpreneur podcast! Welcome back. Today, I’m going to discuss measuring what matters in business. Go ahead and take a breath of relief because you don’t have to measure everything – just the stuff that actually matters.
There’s a simple concept called measuring OKRs – Objectives and Key Results – that takes the guesswork out of what you need to track and how to read the metrics, and even big companies like Google use it. The fun part is that these metrics can be used to create bonuses and incentives for your team, too.
It’s simple. You need to know the metrics of your leads, clients enrolled, and revenue. If you see the numbers are off in one area boom – that’s the area you know you need to focus on. Tune in to learn more about OKRs, the formula, and how to start using them in your business today.
01:00 – 03:30 - Introducing today’s topic: Measuring what matters
03:30 – 06:30 - OKRs: Objectives and Key Results
06:30 – 10:00 - The metrics for team member bonuses
10:00 – 15:00 - Leads, clients enrolled and revenue
15:00 – 18:00 - How to get help and a client example
18:00 – 21:30 - Learning from failure and avoiding pain when you can