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The ONE Thing To Monitor Every Week In Your Business w/Chris Tamm

October 26, 2017
00:0000:00

A lot of entrepreneurs make the mistake of not handling well the business they already have. How do you find the holes in the buckets and mend them? What are the metrics you should be tracking, and how often? Why is it so valuable to know the granular details of how your business is doing? On this episode, we talk to founder of Firepoint, Chris Tamm, about how to use data to take your business to the next level.

As an entrepreneur, you’re living in a wild fire trying to make sure certain ones don’t go out of control and the other ones make you money. -Chris Tamm

A lot of entrepreneurs make the mistake of not handling well the business they already have. How do you find the holes in the buckets and mend them? What are the metrics you should be tracking, and how often? Why is it so valuable to know the granular details of how your business is doing? On this episode, we talk to founder of Firepoint, Chris Tamm, about how to use data to take your business to the next level.

Takeaways

- Why clarity is so important to moving you forward

- The necessity revisiting your marketing and operations weekly

- Why you should get a coach


At the start of the show, we talked about how Chris got started and the value of being willing to walk away from something good to get something better. Next we talked about the common mistakes entrepreneurs are making and some of the costly profit hemorrhages you can avoid. We also discussed the importance of tracking your metrics and how often you should do it. We also discussed the power of beginning with the end in mind.

We also discussed:

  • The value of getting a coach
  • Why you have to avoid big chunks of calendar time on a specific task
  • The power of dialing in your staffing and sales management

We all want a business that’s fun, fulfilling and fruitful, and we need information to make that happen. If you don’t have the data you’ll have nothing to work with. Data can inform timely and important business decisions and allow you to be proactive and put out fires before they become wildfires. As a business owner you have to wear so many hats, some you love and many you hate. Learn to time block the things you hate, map out the different pieces of the puzzle and get a coach to see the things you miss.

Guest Bio

Chris Tamm is the Founder and Chairman of Firepoint, an all-in-one software solution to grow and run a real estate team. Go to firepoint.net for more information.