Episode 24: Creating a systematic business plan, with Mike Stromsoe.
President and team leader of proactive and dynamic total protection team, teaching families and businesses how to properly protect everything they work so hard for. Our agency is licensed in 23 states. Author of 5 books on various types of insurance and business matters, founding member of the the National Society of Agents for Consumer Educational, national speaker on various insurance matters, founder of the Unstoppable Profit Producer Program, featured on Fox news as special insurance correspondent, certified workers compensation advisor, featured on Access to Experts. Our goal is to be the premier Independent Agency in our area. Our core value is “Do Unto Others”.
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Secret — timesaving technique
Plan your day the night before — execute — guard your time to limit any distractions. ONWARD!
Daily habit that contributes to success
Mike follows an exercise routine and writes a note to his wife so she can hold him accountable.
Could have ruined your business — but now — an invaluable learning experience
Mike had to separate an altercation between teammates — and Mike Stromsoe tells the whole story here.
Most critical skill you think business owners need to master to be successful
“A business owner has to be able to look in the mirror and figure out how they can achieve a personal level of mastery.”
Most influential lesson learned from a mentor
“You can recover from any business situation — did anyone die — no — then move on.”
Final Round — “Breaking Down the Recipe for Success”
What systems would you go back and put into place sooner?
“I would have put a system in place that could document my planning and free up time so I could make good hires.”
What one strategy or “recipe” would compound into big wins for business owners?
If you want to grow your business — you have to understand marketing.
How to exceed expectations and add the most value?
An individual who has a set plan — makes the decision to give first — and believes everything else will take care of itself.
What strategy would you recommend new business owners focus on to best ensure success?
- Improve yourself daily
- Create a systematic business plan for the next three years
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