In this episode, we explore the VITAL framework, a powerful tool developed by Amanda C. Watts for building a thriving business. The VITAL acronym stands for Value, Impact, Trust, Agility, and Lucrative. In this episode, we'll delve into each of these components and explore how you can apply them to your business, life and beyond.Key Takeaways:The Pareto Principle: Understand how the 80/20 rule impacts your business and focus on the vital few areas that drive significant results.The VITAL Framework: Learn how to implement the five pillars of VITAL - Value, Impact, Trust, Agility, and Lucrative - to create a thriving business.The Power of Value: Provide exceptional value to your clients and go beyond just delivering services.The Importance of Impact: Focus on creating meaningful change in your clients' lives and businesses.The Foundation of Trust: Build strong relationships with your clients and team members based on trust and reliability.The Need for Agility: Great businesses have the ability to adapt to changing market conditions, to new technology and industry advancements. All decision making needs to be swift and complete. Aim To Be Lucrative: Ensure your business is profitable and sustainable. You can’t help anyone if you don’t make a profit. Your work should help your clients to increase profit and be lucrative.Apply Everywhere: The VITAL framework is not just relevant to your business. The concepts can be applied to everywhere; life, relationships, health, family. Want more? Join THE FREEDOM TRIBEHere's all the FREE BONUSES you'll receive when you join our exciting community on Skool; The Freedom Tribe Global Community Of Peers: CPAs, accountants, fractional CFOs, bookkeepers and finance professionals from all over the world sharing ideas, best practice and innovations with each other. Digital copy of Amanda's NEW BOOK, the Business Advisor Playbook: 300+ pages that will transform your approach and share the strategies you need to create, sell and deliver business advisory services. Digital copy of 500:200 Model™ Guide: My tried-and-tested formula for taking home at least 200K with business advisory revenue of 500K. 12 Days Of Business Advisory video series: that walks you through creating the perfect advisory offer. Hand Picked And Categorised episodes of the Business Advisor Podcast to accelerate your journey from a compliance-led to an advisory-led practice. PLUS: There are a few other surprise bonuses that can be UNLOCKED once you are inside the community: Get Clients Course and 5 Day LinkedIn Challenge. Super excited to see you there, and looking forward to helping you achieve all that you want in life. -Speak to you in the next episode...
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