• 74: Approaching The 4th Quarter

  • Sep 13 2024
  • Length: 21 mins
  • Podcast

74: Approaching The 4th Quarter

  • Summary

  • In today's episode, Tom and Adam explore the strategies and mindsets necessary for leveraging the fourth quarter of the year to set your business up for success. With the approach of Q4 2024, they highlight how different business stages—from startups to well-established enterprises—can optimize their efforts during this critical time.

    Tom underscores the importance of recognizing Q4 not as a holiday season but as a crucial period to meet end-of-year goals and pave the way for a solid start to 2025. Adam challenges the traditional 'corporate mindset' that many of us have been conditioned to follow, advocating for a focus on long-term planning rather than a last-minute rush.

    The hosts explain their philosophy of "and, not or," emphasizing the need to continue current efforts while simultaneously planning for future quarters. They also discuss the vital aspects of business planning, such as understanding capacity and competency, setting achievable goals, and the benefits of consistent quarterly activities.

    Join Tom and Adam as they lay out actionable steps to ensure your business stays on track, grows sustainably, and avoids the pitfalls of rushed, year-end desperation. Plus, they share how they've applied these principles to their business, providing a real-world example of turning plans into execution. Get ready to optimize your fourth quarter and make 2025 your best year yet!

    Timestamps

    00:00 Preparation vital in Q3, closing happens Q4.

    05:01 Focus on planning and execution for Q2.

    09:36 Prioritize efficiency before scaling to meet goals.

    12:38 Assess competency and skills; seek help if needed.

    14:53 Understand how to achieve goals or delegate tasks.

    17:56 Speak to accountant; we're not giving tax advice.


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