Separation Saturdays on Elevate Springfield

Summary

In this episode, Robert Ferriell reviews the week's highlights from Elevate Springfield, discussing various guests and topics, including entrepreneurship, community events, and personal growth. He introduces the Three Lids Assessment, a framework for transformational growth in business, focusing on belief, operational effectiveness, and leadership.

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Transcript

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Welcome to Elevate Springfield, where we'll dive into strategies and stories that help you rise to your full potential. Each episode, we'll talk about how you can take intentional steps to elevate your life and your business while making a meaningful impact on those around you. Along the way, we're gonna bring in the change makers from our community that are already elevating. We'll bring the actionable strategies, you bring the discipline and follow through, and together, we can elevate Springfield. Alright, let's go, Springfield. Time to 10X your day, 10X your life, and all of us. 10X Springfield, hey, you are listening to the Elevate Springfield podcast. Robert Farrell here, certified 10x coach, speaker, and mentor, here to bring you actionable strategies. You bring the discipline and follow through. And together, we're gonna Elevate Springfield. Well, we are coming to you from the big dog construction studio in beautiful downtown Springfield. You are listening to Separation Saturdays on Elevate Springfield where you can separate yourself from the competition every Saturday morning now. We are every day with Elevate Springfield now, so you can start your morning every morning with a new drop from Elevate Springfield. And we are looking forward to having you, and we are thankful that you chose to listen to us. We're gonna get started after the break. Hey, Springfield, when it comes to reliable, high-quality roofing, you don't want to leave things to chance. That's why you should reach out to Acosta Angeli Ruffing, your local roofing expert serving Springfield and surrounding communities, from quick, dependable repairs to full replacement, from residential to commercial. They are your trusted pros. Call them today at 217-993-2748 or visit their website to book your free quote and inspection. Don't wait. A little leak now could lead to major damage later. Trust the local experts, protect your home, and get peace of mind with Acosta Angeli Roofing. And we are back. Hey, time to separate yourself from the competition, y'all. But before we do that, quick recap of the week. We started out on Sunday like we always do with your weekly battle plan, talking all about time and some of those things that you can add to that battle plan so you can level up. Then on Monday, we had Troy Ruby in from Ruby Electric. He talked a lot about the power of family business and how they take care of their employees and the service that they have for their clients. Then on Tuesday, we had Ellie in again for our next gin segment. We talked a little bit about the prom we just had the weekend before. And then we got into the pros and cons of homeschooling. I know if you listen to the show often, you know that my girls have been homeschooled for a number of years now, and we are big proponents of that. But you can check out some of the pros and cons from that episode and hear it from Ellie herself. Then on Wednesday, we had our Communities Grow Together segment where we did a mini deep dive on local First Springfield and Landa Lincoln Professional Networking Group, two of the groups that I'm highly involved with, and two of the groups that I recommend y'all get highly involved with. Then on Thursday, we had Christy Mitchell from Christy Mitchell Photography. She has a studio right in downtown Springfield. Talked a lot about her senior rep program and how she's building confidence and community for those high school students. We also talked about the sometimes the fear that entrepreneurs have at the very beginning, fear of taking that leap, fear of starting. So great conversation there about how she took that leap and how she has grown significantly over the last number of years. Then on Friday, we had friend of the show Kenny Hyde, your wellness guide in for our wellness upgrade. And we talked about the power of tracking data, specifically weight, body fat, all that good stuff, things that you need to track because what we always talk about in any area, you have to know your numbers. If you don't know your numbers, you don't know where you're going, you don't know what you need to change, don't know what you need to do to hit your targets. So you have to know your numbers, whether they're financial targets or health and wellness targets. So keep track of those, those numbers and know them. This week and here recently, last few weeks, we had a lot of conversations about belief, about the ability to see those big targets and actually believe that you can achieve them or see what you want to do later on down the road and actually achieve them. You know, being able to actually believe in yourself enough that you can do that. So today I'd like to touch on something out of our 10x business summit that we have. It's called the Three Lids Assessment. The three lids assessment for transformational growth. The only way you're really growing and scaling is through people. Now, as we're looking at scaling, how do you move your business beyond where it currently is to where you want it to be? How do you inspire others to help you achieve your business goals? And the process really begins when you amplify and elevate your level of thinking, creating ambitious goals and a high level of expectation for achieving them. Raising this belief lid, the first lid of the three lids assessment, raising that belief lid alone can help raise the bar for what's possible in your business. So attention to all three lids, all three lids to transformational growth will guide you further down that path to boosting your team's performance as well as boosting your business's overall magnitude of impact and therefore starting to scale. So, what I'd like to do today, I'm going to run you through each of the three lids and ask you some questions. So this would be a great episode for you to grab a piece of paper, grab a pen, and start writing some of this stuff down. Because I'm going to ask you to rate yourself. If you would like to do this with us, give me a shout through social and we'll be able to do this with you or your team or your business. But this can be really powerful as you're looking at growth and scaling. So let's start with that belief lid. That belief lid is very, very important. Belief in general is a powerful source of energy. It's belief that truly drives innovation. The extent to your level of overall belief is called your belief lid. That's the first of the three lids. The degree to which you believe something is possible. So I've got six questions for you or six statements for you that I want you to rate yourself on. It's one through ten. And you're going to rate your confidence and your abilities in each of these categories by circling what number, right? By writing down what number you think you are. One would be not confident, five would be neutral, and ten would be extremely confident. So let's go into those belief-led statements. Number one, my ability to grow my revenue and profitability. How confident are you in that? One to ten. Number two, my ability to stop my erosion of profitability. How confident, one through ten. Number three, my ability to invest in my business despite decreasing revenues. Tough one there, right? How confident are you there? Number four, my ability to expand to multiple locations in this economy. Next one, my ability to grow my net income by more than fifty percent. How much do you believe that you could grow that net income by more than fifty percent? One to ten. And finally, my ability to capture the maximum market share in my area. How confident are you that you could capture the maximum market share right here in Springfield or wherever you're from, one through ten. So then take all six of those numbers, add them up. That'll give you your total belief lid score. Then put that off to the side. Number two, the second lid is your operational effectiveness lid. So operational effectiveness can be measured by assessing your behaviors compared to top mentors and their most impactful contributions in your area of desired expertise. So creating a duplicable process from those best practices will aid in your overall impact and thus elevating your operational effectiveness lid. So same thing. I've got six of them for you. Rate yourself one through ten. One being not confident at all, five being neutral, and ten being extremely confident. So my ability to identify top performers in my business. How confident are you in that? One to ten. My ability to duplicate top performers in my business. How confident? My ability to identify the gaps in my business's performance. Number four, my ability to incentivize my team to contribute to the business. Incentivize that team to contribute to the business. And then finally, my ability to grow revenue by more than one hundred percent. Grow revenue by more than a hundred percent. How confident are you? One through ten. Add up those six numbers for me, set it off to the side. Final lid is that leadership lid. The difference between a boss and a leader. Hey, bosses dictate, leaders influence. And when it comes to achieving transformational growth for yourself, everything rises and falls on your ability to influence others. So I've got five more statements for you under the leadership lid. Same thing, one through ten, how confident are you? My ability to influence my team to affect the growth of my business. One to ten. My ability to inspire my team to help build the business. Feel like you can inspire your team. Number three, my ability to lead my team to ensure we're all on the same page. One to ten, how confident are you? Number five, my ability to invest in my people if I have decreasing revenues. Tough one, right? Still invest in people with decreasing revenues. One to ten, how confident are you? And finally, my ability to be out of the business and still grow my net income. Out of the business and still grow my net income. How confident are you? One to ten. And again, take those five numbers, add them all up for your total leadership lid score. So a perfect score for all of them, it would be 60 60 50. I will tell you, hopefully, you're not a 60-60-50 because we are we all have a ways to grow in all these areas. Grant Cardone himself, Brandon Dawson, and the entire team over at 10X are not 60-60-50. Grant Cardone will actually rate himself very, very low in many of these things because he knows he can still learn and continue to learn in all of these areas and build confidence in all of these areas. So we would love to run your team through this or you as a business owner and dive a little bit deeper into each one of those. Hey, just give us a shout. We'd be happy to do that. Rewind this and listen to those questions again, but give us a shout and we'll be able to get you the copy of this and go through the whole thing with you. Hope that helps today. We'll be back after the break. Looking for expert tree care with hometown integrity, look no further than Sangamon Tree Service. They're your trusted local pros, delivering quality workmanship, exceptional customer service, and fair, honest pricing every time. Whether it's trimming, removal, or storm cleanup, their team brings professionalism and care to every job, big or small. Call the name your neighbors trust, Sangman Tree Service, or visit the today at SangmanTreeService.com. Sangman Tree Service, rooted in quality, built on trust. Well, thank you for joining us today, everybody. Appreciate you making us a part of your day. Hey, don't forget while you're out on social, check ours out. You can check my personal one out at RobertFarrell at everywhere. Check out those Elevate Springfield pages, those big dog business coaching pages as well. Check us out over on YouTube. Give us a subscribe, give us a like or a follow on any of those channels. We would certainly appreciate it. So hey, take what you learned today. You bring the discipline and follow through and together. That's right, y'all. We're gonna elevate Springfield. Be great. Looking for personalized insurance with hometown care, David Hilst, American Family Insurance Agent is here to help you protect what matters most: your family, your home, and your dreams. Whether it's auto, home, life, business, David and his team are proud to serve the Springfield community with trusted advice and reliable coverage. Local service, real relationships, peace of mind. Call today or stop by their office. They can build your dream protection plan together. Call 217 726 6343.