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How understanding your Why”… …can make you better at How you do What you do

Business Planning

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You can't plan for a future you haven't yet envisioned. www.bdcocpa.com

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Page 1: Business Planning

How understanding your

“Why”…

…can make you better at How you do

What you do

Page 2: Business Planning

©2011 Brotemarkle, Davis & Co. www.bdcocpa.com

The Economy

You?

Page 3: Business Planning

©2011 Brotemarkle, Davis & Co. www.bdcocpa.com

Pressure

ActionActio

n

vvAction

Action

Action

Action

Action

Pressure leads to more action.

Page 4: Business Planning

©2011 Brotemarkle, Davis & Co. www.bdcocpa.com

You don’t need more action.

Page 5: Business Planning

©2011 Brotemarkle, Davis & Co. www.bdcocpa.com

You need more of the right actions.

Page 6: Business Planning

©2011 Brotemarkle, Davis & Co. www.bdcocpa.comYour Why statement can give you focus.

Page 7: Business Planning

©2011 Brotemarkle, Davis & Co. www.bdcocpa.com

With personal focus, comes the power to motivate others.

Page 8: Business Planning

©2011 Brotemarkle, Davis & Co. www.bdcocpa.com

Winning teams are focused on the same goal.

Page 9: Business Planning

©2011 Brotemarkle, Davis & Co. www.bdcocpa.com

We learned about the “Why”

from Simon Sinek*

on Ted.com.

*Actually, we learned about Simon’s video at a CART training class taught by Edi Osborne at MentorPlus.com. She’s the visionary behind many of the tools and methods we apply.

Page 10: Business Planning

©2011 Brotemarkle, Davis & Co. www.bdcocpa.com

There’s an 18 minute video

full of simple ideas…

…that can change the way you think.

And the way you act.

Page 11: Business Planning

©2011 Brotemarkle, Davis & Co. www.bdcocpa.com

Then we read his book. “Start with Why”.

Now we give them to people.

Page 12: Business Planning

©2011 Brotemarkle, Davis & Co. www.bdcocpa.com

Think about it.

Why?

Page 13: Business Planning

©2011 Brotemarkle, Davis & Co. www.bdcocpa.com

You could have been…

Why are you doing this?

Page 14: Business Planning

©2011 Brotemarkle, Davis & Co. www.bdcocpa.com

You could have been…

Why are you doing this?

A ballerina

Page 15: Business Planning

©2011 Brotemarkle, Davis & Co. www.bdcocpa.com

You could have been…

Why are you doing this?

A writer

Page 16: Business Planning

©2011 Brotemarkle, Davis & Co. www.bdcocpa.com

You could have been…

Why are you doing this?

A race car driver

Or anything else in the world.

Page 17: Business Planning

©2011 Brotemarkle, Davis & Co. www.bdcocpa.com

But you’re doing this.

WHY?

Page 18: Business Planning

©2011 Brotemarkle, Davis & Co. www.bdcocpa.com

Basically, the Why is about understanding your core beliefs.

Start there, figure out Why you do what you do.

Then look at How and What you do.

Page 19: Business Planning

©2011 Brotemarkle, Davis & Co. www.bdcocpa.com

Why are a bunch of

accountants talking about this?

Page 20: Business Planning

©2011 Brotemarkle, Davis & Co. www.bdcocpa.com

You might think accountants are just interested in numbers.

Form 1040 Net Income $450,000.00

8,500 cases of 2005 Cabernet Sauvignon in inventory

In our case, you are partially right. (Um, actually it’s closer to 32.675% right.)

Page 21: Business Planning

©2011 Brotemarkle, Davis & Co. www.bdcocpa.com

Because numbers tell a story about your business.

5 years of profitable growth

We do care about numbers.

400 new wine club members

added this year

96 points from Wine Spectator

Page 22: Business Planning

©2011 Brotemarkle, Davis & Co. www.bdcocpa.com

But rather than serving as historians, who help you record the details of your story, after the fact…

Page 23: Business Planning

©2011 Brotemarkle, Davis & Co. www.bdcocpa.com

… we are facilitators, helping you create the future of your dreams.

Page 24: Business Planning

©2011 Brotemarkle, Davis & Co. www.bdcocpa.com

Increase your total profits by selling one more bottle of $60

cab per day.

If you discount your wines by 10% you must sell 25% more units at a 50% margin

to break even.

You can improve your cash flow by $100,000 if you collect one day

sooner on each of your outstanding customer accounts.

… we are facilitators, helping you create the future of your dreams.

Page 25: Business Planning

©2011 Brotemarkle, Davis & Co. www.bdcocpa.com

We can’t

help you create a future …

Page 26: Business Planning

©2011 Brotemarkle, Davis & Co. www.bdcocpa.com

… you haven’t yet

envisioned.

Page 27: Business Planning

©2011 Brotemarkle, Davis & Co. www.bdcocpa.com

How to get started

Watch the Simon Sinek video Share the video with your team Answer the question Why? As a group Capture the company Why Review your marketing message –

look out for excessive copy related to your How and What.

Page 28: Business Planning

Our Why

We believe customers have the best answers.

So we listen to them.

We believe employees have the best ideas. So we trust them.

We believe Napa Valley is the best place to work, live and visit. So we work to protect it. We live to enjoy it. We savor the company.

Page 29: Business Planning

©2011 Brotemarkle, Davis & Co. www.bdcocpa.com

What

do you believe?