Learning Zone - Freedom

“Make the most of yourself by fanning the tiny, inner sparks of possibility into flames of achievement.” - Golda Meir

The final step of our Six Steps journey is that of Freedom - your personal freedom. You can now choose to sell the business, choose to let the business run without you and receive a passive income or choose to purchase other businesses as an investment. Here you can reap the rewards of your business success as a true entrepreneur. But to do this, you must finish the business. If you ‘need’ to keep going into work rather than ‘choosing’ to, it is not yet finished. Here is where you will do just that.

The only reason to start a business is to sell it - or at least to build something that is a saleable entity. Clearly, generating profitable income is important for most businesses, but it’s not about just building a cash flow stream or about building revenues and profits.

It’s about building an asset, a saleable item that is worth something to other people. You will know when your business is truly finished when you are able to sell it and walk away without being tied to it. If you can’t do that it’s not yet finished - and you are not yet free.

The ActionCOACH 4 Stages of Personal Growth:

Finish it

Finish it

Are you able to call the office and say you’re going on vacation for six months, safe in the knowledge the business will have growth in your absence?

Personal choice

Personal choice

What are the things that you have always dreamed of doing but never had the time or resources to explore them?

Wealth creation

Wealth creation

Do you have clearly defined strategies for creating passive income and increasing your net asset value?

Legacy

Legacy

How will the world remember you in the future? What benefits will you have brought to your industry, your community, or to society? What will be your footprints in the sand, and will they endure?

So, what does this business look like when it’s finished? How many locations does it operate? How many employees does it have? Does it still ‘need’ you? Can you sell your business to an investor or are you effectively selling a really tough job in a company the buyer will own and can’t escape from? What multiple would you pay for a company in which you have to step into the driving seat? Here you will look at the asset value of your business in multiples of profit. If it’s a true investment, the multiple will be much higher – in line with other opportunities available to potential investors.

Congratulations on becoming a true entrepreneur! You have built a commercial profitable enterprise that works without you, developed an investment portfolio that builds wealth while you sleep, enjoy the experiences that you have always dreamed of and have left a powerful mark on the world through generous philanthropic gestures. This journey has enriched the lives of millions and will continue to do so long after you have gone.

But of course, this all started with your very first step on this exciting journey of personal growth through the ActionCOACH 6 Steps to Building a Better Business. Here you eliminated the chaos and brought stability to your business through

Previous: SYNERGY It all starts with: BUSINESS MASTERY

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Real people, real results

See how business leaders just like you have partnered with ActionCOACH NextLEVEL and used our proven tools, systems, and frameworks to achieve dramatic, sustainable personal and business growth.

Fergus Howie has been working with his ActionCOACH for over 6 years. In that time, they’ve had a 360% increase in their net profit and on top of that become an award-winning business, winning several awards for the quality of their products. With the help of his coach, he’s been able to spend more time working on his personal life developing his own life goals.

Fergus Howie, Business Owner, Wicks Manor Farm

ActionCOACH was able to implement a structure that works, and they were able to instantly land a 6-figure contract for Integrity Cleaning which happen to be one of the largest in Canary Wharf, London. - Luke Murfitt, Managing Director of Integrity Cleaning.

Luke Murfitt, Managing Director, Integrity Cleaning

Since Charles Gulland started working with ActionCOACH, Wigwam Holidays has grown exponentially with turnover increasing from 400k to 1.4m! With a net profit increase from 45k to 100k!

Charles Gulland, Managing Director, Wigwam Holidays

ActionCOACH allowed me to grow the business to a point where a large global company has made an exceptional offer to buy my business, build my dream home overseas and prepare to exit the business. Dave Ayling, Managing Director of Straightpoint.

Dave Ayling, Managing Director, Straightpoint

We want to be £2M+ business in the next five years. Most Business Owners have that excitement, they have their goal but it's difficult to see it. When you start coaching you get to see it, it starts to become clearer and therefore you believe it's more attainable. We're solicitors, we were never trained to run a business. A business coach is a fantastic asset, it pays for itself, supports itself, brings in much much more than just the coaching to your business. - Bill Barton, Managing Director of Barton Legal.

Bill Barton, Managing Director, Barton Legal

Getting ActionCOACH involved in his business allowed Pete to tap into the expertise of the coach and push the business into a new direction of growth. In a short space of 6-8 weeks, Pete noticed the shift in his mindset, a better structure for the business and clarity with his figures.

Pete Wharton, Managing Director, Wharton Natural

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