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Live, Lead, Discover
October, 2008  
In This Issue:
 
Welcome
This Month's Message
Inner CEO Principle
Inner CMO Principle
Inner COO Principle
Resources
Complimentary Success Code Assessment
 
Welcome

Jeff BurrowsThe Entrepreneur’s Success Code® program, delivered by a Success Code Coach®, is the proven foundational path for business owners to improve their professional lives and realize their personal dreams. Success lies in learning how to become. . .

“The CEO of Your Life”
Our monthly publication, “Becoming the CEO of Your Life”, continues to expand the teachings contained on the Entrepreneur's Success Code Series CD set.

Each month, we provide expanded insight into select Success Code principles along with practical applications to apply to your business today!

Our belief is that one should:

Live – Your authentic life
Lead – From your heart
Discover – Your mindset for abundance

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This Month's Message

LIVE – LEAD - DISCOVER ™

Become the CEO of Your Life!

Do the same thing over and over again and you will find the definition for insanity. – Anonymous

LIVE – LEAD - DISCOVER ™

 

 

 

We know this economy has impacted you and your business. Don’t let it paralyze you! Action is required; action by you. Take the time to understand where you are and where you need to go. Complete the following action items right now, for the 2009 plan for your life and your business.

For You

  • Affirm or modify your Life Purpose
  • Write your Life Purpose Achievements for the past year
  • Write your Life Purpose Goals for 2009

For the Business

  • Create or Validate the Strategic Objective
  • Create or review the Key Strategic Indicators
  • Conduct a Financial Analysis including
    • Gross Margin as a Percent of Revenues
    • Fixed Expenses as a Percent of Gross Margin
    • Net Profit as a Percent of Gross Margin
    • Break-even revenues
    • Write strategies for continuing existing success
    • Write strategies for improving problem areas
    • Create the 2009 business Plan and then Live the Plan!

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Inner CEO Principle

Principle 4: Learning in the Spirit of What Needs to be Done, Not How to Do It, Produces Results.

Action Step: Retire the “firefighter” in you.

Purpose: Shift from fixing symptoms to addressing core issues.

Practical Application: Briefly list the firefighter issues you have dealt with in the last week or month. From the list, select one and ask yourself, “Who did I blame for this problem?  What really caused this problem?  What frustration was the cause of the problem?  What is truly at issue here?  What system change would be needed to avoid this problem from recurring or impacting you business in the same way?  What excuses have I made for avoiding this system change?  What is the first step to creating the system change that will prevent this problem in the future? Take out your calendar and schedule time to take action. Repeat this with each “firefighting” experience. 

Result: Eliminate recurring frustrations in your business.

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Inner CMO Principle

Principle 6: Differentiate your Business from the Competition

Action Step: Develop a positioning strategy. 

Purpose: To set your product or service apart from your competitors.      

Practical Application: Identify your five top competitors, in order of importance. For each competitor, list three strengths and weaknesses. Review your competitor’s strengths and weaknesses. Then, identify your top three strengths and weaknesses. Determine if you are offering a product, a commodity, or a brand.  Determine your current ranking in your marketplace, relative to your competitors. Write a selling proposition: a short statement that gives compelling reasons for the customer to buy your product. Compose a positioning statement from these three elements: Your positioning should appeal to the “purchase preference” of your target market.

Result: Good Positioning - The Foundation of an Effective Marketing Strategy.

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Inner COO Principle

Principle 1: Be certain your work allows you to become who you really are.

Action Step: Audit the quality of how you use your time. 

Purpose: Manage time consciously and with purpose. 

Practical Application:  Make a list of all the key type of activities in your job. For 5 days, record everything you do down to the minute. After 5 days, total the amount of time for each key activity. Identify how central the activity is to your purpose and goals; for example, high, medium, and low. What percentage of your time is spent supporting your purpose and goals? If it is less than 70% of the time, review your activities list, create a STOP DOING list, and begin delegating activities on your list to another staff member.   

Result: You will love your work and be operating from your strength zone.

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Resources

The Entrepreneur’s Success Code® Limited License Agreement

Live Lead DiscoverIf your business is like ours, you are always looking for ways to bring added value to current customers and complimentary value to prospective customers. Our initial development of The Entrepreneur’s Success Code® was commissioned to meet the needs of Trump University; to bring value to his worldwide customers! As Donald Trump said, “If you're going to take on the risk and possible heartache of being an entrepreneur, you’d better equip yourself with the best tools, training and coaching you can get. You should never, ever quit, and you should never stop learning…the best investments are investments in yourself and your education because those always pay big dividends in your future.” We filled that need for Trump and his clients!

The Burrows Group has been educating clients worldwide for the past 15 years. Over the years, our programs have evolved under the umbrella of The Entrepreneur’s Success Code® Coaching Programs. Our clients have also been our teachers and based on their request and our proven system, we now license Your Inner CEO Leadership Intensive from The Entrepreneur’s Success Code® Program.

It is used by the Licensee as a lead generation system to create customers for life and as an attraction vehicle for new prospects. This proven process builds a foundation of trust while making it easy for customers to buy your products and services with the least amount of hassle.

Each Licensee is trained to deliver and facilitate the 10 Leadership Principles of Your Inner CEO in a series of five educational classes in five weeks for one hour per week over the phone. The Licensee provides the attendees a detailed workbook packed with proven systems, business tips, strategies and training exercises; thereby establishing trust through testimonials and case studies of successful leadership strategies.

Here is how a Licensee can position the program to their Customers and Prospects:

Our goal is to help you grow your business and create a customer for life. Our products, services and customer support programs are designed to do just that. When you are successful, we become more successful. Today, we want to offer you the unique opportunity to experience The Entrepreneur’s Success Code® Leadership System; this highly-acclaimed program is conducted in five, one-hour phone calls held over five consecutive weeks. Each class has a Success Code Coach™ Licensee guiding 5 – 8 participants through the foundational work of Becoming the CEO of Your Life!™  You will become an even more successful leader than you already are by implementing the 10 proven Inner CEO Success Code principles. Each attendee will have a vision for their future and see how to sustain and grow their enterprise/division, even during these difficult economic times.

Licensee’s are trained in Tubac, Arizona, for 2 days and provided a rare opportunity to spend time with Jeff Burrows, author of The Entrepreneur's Success Code® program. I believe you and your team will find this process core to your continued growth and success in the marketplace. Please call us at 800-908-9189 to learn more and to receive a free CD of The Entrepreneur’s Success Code®.

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Complimentary Success Code Assessment

Success Code Coaching

The Success Code Coach® Team invites you to take the first step in transforming your business and your life with our complimentary Success Code Assessment! Experience more success! Reveal the true picture of where you are right now. Create the clarity and direction for both your life and your business.

Our process provides you the opportunity to imagine what is possible for you and your business. You will discover your true potential during our complimentary coaching call.

You can take the Assessment right now or simply contact us at 800-908-9189.  We will guide you the rest of the way.

To ensure a great one-hour call with a Success Code Coach®:

  1. Take the Assessment in an uninterrupted block of time.
  2. Don’t over analyze your responses.
  3. There are no right and no wrong answers.

Learn more about what we do, how we do it and why we do it! Simply complete the form and we will send you a free audio CD of Your Inner Entrepreneur.

Learn More

"Jeff Burrows is the new voice of entrepreneurial wisdom. He gets to the heart of the struggle that so many business owners experience and points the way to lasting success and satisfaction. With vision, passion, and spirit, he guides you back to the dream that launched your enterprise-and shows you how to make it real.”

- Donald J. Trump

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Client Corner

Interview with:

Joey Ciolli
Patsy Grimaldi’s Pizzeria www.patsygrimaldis.com

Joey Ciolli

How long have you been in our coaching program?
3 years

What caused you to seek out a business coach?
We were looking for guidance in future business, systems and procedures. We basically wanted to bring order to chaos and wanted to get out of working ‘on it’ instead of ‘in it.’

Why did you select The Burrows Group, along with our proven systems, to build your company?
A good friend gave me the The E-Myth Revisited book as I was leaving for a 2-week trip to Italy with my soon-to-be wife. After reading the book, I could not stop thinking about it. The friend that had given me the book was a client of Jeff’s. I contacted Jeff as soon as I got back so I could get started.

I understand you started with 3 stores, now have 9, and are building 4 more.

  1. How many employees did you have with 3 stores and how many do you presently have?
    A few years ago, we had about 100 employees with our 3 stores, now we have about 450 employees.

  2. Over how many years did it take to grow from 3 to 9 stores?
    For 2 years we worked on expanding our market. We hired the right people, created an Organizational Chart, created systems, put procedures in place, and basically developed a full ‘operations’ manual and documented everything. During the next 15 months, we opened 6 more stores in 9 markets (9 different cities in 3 states). This has been intense growth.

  3. Can you discuss any growing pains you’ve experienced with such growth?
    As we opened new stores, we realized that some things did not work, so we tweaked some systems and procedures. But with right team in place it was a lot easier to monitor and make the changes. Also, cash projections were a little off- I guess you could consider that as part of growing pains, too.

  4. How has the culture changed?
    Majorly- and we are still going through it. The business went from ‘fraternity friends’ as opposed to a more corporate, structured way. We now have a different manner of speaking/language, tone, etiquette and outlook. We needed to make this change in order to grow. Jeff has taught us how to redefine leadership so we have a compelling culture that gives us a competitive edge.

Can you share with me how creating the Strategic Objective, Organizational Chart, systems, and training have impacted you and your business?
We used to run by seat of our pants, we made decisions as the issues came up, there was no protocol, no employee manual. Between my best friend (who is the COO of our company) and I, we made the calls. There was no consistency. Now the business runs off a system chain and only gets to me if there is serious issue.

How has the work you have done with the Burrows Group, which you just spoke about above, helped contribute to the obtainment of bank financing for expansion plans?
It was a major part of it. When I showed the bank that we had the procedures, systems, the Organizational Chart, the right people in place, checks/processing very organized, they were very interested. Although we already had the name recognition, they still needed to see how we were running the business. Most restaurants bring partners in for financing rather than going to the bank, but because we had everything in place, we were able to get a bank loan.

Jeff said that I had to ask you about your Company Story. Could you please share it with me?
My great uncle, opened the first American pizzeria, in 1901, in lower Manhattan. 30 years later (in1933) he opened one in HARLEM and my uncle, Patsy Grimaldi, started working there when he was just 10 years old. About 40 years later, my uncle, Patsy, opened his own pizzeria in Brooklyn Heights. When he was getting ready to retire, he wanted someone that cared about the business, the name and the service, to take over his business. That’s where my father entered the picture. My father bought it and then I went out to New York to run the business. For years, friends kept encouraging me to open a store like this in the West. So on Valentine’s Day, 2003, we opened our first store in Scottsdale, Arizona. We wanted people to be able to enjoy real pizza rather having to go to New York to experience it!

What has been the impact in your personal or professional life as a result of coaching?
Self-realization. The coaching took me out of denial and caused me to create. Having a coach helps you deal with and work on the real issues. I’m not perfect, and I need to listen to what others know so they can help me come up with solutions so I can realize my dreams.

Anything else you’d like to
share
?
It’s amazing that every time I am with Jeff and I think we are nearing the end of us needing his services, something comes up and I thank God that he is actually part of the company.

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Tell a Friend

If you believe someone or some company could benefit from our materials or services – please let us know! We will be privileged to send them a CD of Your Inner CEO.

 

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