#394: Defining Purpose, Vision and Mission with Ken Coleman

#394: Defining Purpose, Vision and Mission with Ken Coleman

Have you ever been confused by the difference between purpose, vision and mission? A lot of business owners use these words interchangeably. But while they’re highly interconnected, they’re actually not the same. Ramsey Personality Ken Coleman clarifies the purpose of these three important concepts and how they work together to keep you and your company charging ahead, even in times of crisis. Plus, Ken breaks down three key components to help you discover your leadership sweet spot. entreleadership.com/podcast Ken Coleman’s website The Ken Coleman Show Documentary about climbing Mt. Everest on Amazon Join us for EntreLeadership Master Series Livestream Ken Coleman's Clarity Guide Mission Statement Mapper EntreLeadership Toolkit Review this episode for a chance to win a $25 Amazon gift card “If a man is called to be a street sweeper, he should sweep streets even as Michelangelo painted, or Beethoven composed music, or Shakespeare wrote poetry. He should sweep streets so well that all the hosts of heaven and earth will pause to say, here lived a great street sweeper who did his job well.” - Dr. Martin Luther King Jr. Want expert help with your business question? Call 844-944-1070 and leave a message or send an email to podcast@entreleadership.com. You could be featured on a future podcast episode! Learn more about your ad choices. Visit megaphone.fm/adchoices

Episoder(631)

Setting Leadership Boundaries With Friends and Profits

Setting Leadership Boundaries With Friends and Profits

Today we’ll hear about: •       A business owner who hired his friends and how it affected their relationships •       Some of the key leadership lessons from the Freedom Convoy with Tamara Lich  •       How you can reward your employees without using money •       What to do with your tithe when your business is contributing a lot to your local church Links mentioned in this episode: •       The EntreLeadership Podcast •       Tamara Lich’s book: Hold The Line: My Story From The Heart Of The Freedom Convoy •       EntreLeadership Master Series •       Have a question for The EntreLeadership Podcast? Leave a voicemail at 844.944.1070 or submit your question for a chance to be on the show with Dave Ramsey: https://www.entreleadership.com/ask Start growing in business and leadership with the EntreLeadership Newsletter. Sign up to receive tactical tools, advice and resources in your inbox every week: https://bit.ly/3IRWnsL   Support our sponsors: •       NetSuite •       BELAY •       Payority •       Trainual Learn more about EntreLeadership Events: •       EntreLeadership Summit •       EntreLeadership Master Series Learn more about EntreLeadership Coaching: •       Elite •       Advisory Groups •       Executive Coaching •       Workshops Listen to all the Ramsey Network podcasts anytime, anywhere in our Ramsey Network app: https://apple.co/3eN8jNq Learn more about your ad choices: https://www.megaphone.fm/adchoices Ramsey Solutions Privacy Policy: https://www.ramseysolutions.com/company/policies/privacy-policy Learn more about your ad choices. Visit megaphone.fm/adchoices

18 Sep 202338min

How to Crush Your Insecurities as a Business Owner

How to Crush Your Insecurities as a Business Owner

Today we’ll hear about: •       How to stop being a wuss and become a strong, relational leader •       What actually adds value to your business when preparing to sell it •       How not to take losing clients personally •       How to pick the best retirement benefits for your team Links mentioned in this episode: •       The EntreLeadership Podcast •       EntreLeadership Master Series •       Have a question for The EntreLeadership Podcast? Leave a voicemail at 844.944.1070 or submit your question for a chance to be on the show with Dave Ramsey: https://www.entreleadership.com/ask Start growing in business and leadership with the EntreLeadership Newsletter. Sign up to receive tactical tools, advice and resources in your inbox every week: https://bit.ly/3IRWnsL   Support our sponsors: •       NetSuite •       BELAY •       Payority •       Trainual Learn more about EntreLeadership Events: •       EntreLeadership Summit •       EntreLeadership Master Series Learn more about EntreLeadership Coaching: •       Elite •       Advisory Groups •       Executive Coaching •       Workshops Listen to all the Ramsey Network podcasts anytime, anywhere in our Ramsey Network app: https://apple.co/3eN8jNq Learn more about your ad choices: https://www.megaphone.fm/adchoices Ramsey Solutions Privacy Policy: https://www.ramseysolutions.com/company/policies/privacy-policy Learn more about your ad choices. Visit megaphone.fm/adchoices

11 Sep 202341min

Why You Can’t Afford Weak Leadership

Why You Can’t Afford Weak Leadership

Today we’ll hear about: •       If it’s beneficial to buy partial ownership of a company •       What to do when your employees are drowning in student loans •       A 21-year-old that made $3 million selling smoothies and wants to take his team from good to great •       How to prevent customers from walking all over you Links mentioned in this episode: •       The EntreLeadership Podcast •       Stages of Business Assessment •       Student Loan Debt in America Livestream Have a question for The EntreLeadership Podcast? Leave a voicemail at 844.944.1070 or submit your question for a chance to be on the show with Dave Ramsey: https://www.entreleadership.com/ask Start growing in business and leadership with the EntreLeadership Newsletter. Sign up to receive tactical tools, advice and resources in your inbox every week: https://bit.ly/3IRWnsL   Support our sponsors: •       NetSuite •       BELAY •       Payority •       Trainual Learn more about EntreLeadership Events: •       EntreLeadership Summit •       EntreLeadership Master Series Learn more about EntreLeadership Coaching: •       Elite •       Advisory Groups •       Executive Coaching •       Workshops Listen to all the Ramsey Network podcasts anytime, anywhere in our Ramsey Network app: https://apple.co/3eN8jNq Learn more about your ad choices: https://www.megaphone.fm/adchoices Ramsey Solutions Privacy Policy: https://www.ramseysolutions.com/company/policies/privacy-policy Learn more about your ad choices. Visit megaphone.fm/adchoices

4 Sep 202346min

The Keys to Keeping Your Sanity While Growing Your Business

The Keys to Keeping Your Sanity While Growing Your Business

Today, we hear about: •       How you can leverage high turnover to your advantage •       A business owner who is struggling to balance his work life and relationships •       How to manage constantly negative employees •       The best ways to retain top performers on your team without going broke Links mentioned in this episode: •       The EntreLeadership Podcast •       EntreLeadership Master Series Have a question for The EntreLeadership Podcast? Leave a voicemail at 844.944.1070 or submit your question for a chance to be on the show with Dave Ramsey: https://www.entreleadership.com/ask Start growing in business and leadership with the EntreLeadership Newsletter. Sign up to receive tactical tools, advice and resources in your inbox every week: https://bit.ly/3IRWnsL   Support our sponsors: •       NetSuite •       BELAY •       Payority •       Trainual Learn more about EntreLeadership Events: •       EntreLeadership Summit •       EntreLeadership Master Series Learn more about EntreLeadership Coaching: •       Elite •       Advisory Groups •       Executive Coaching •       Workshops Listen to all the Ramsey Network podcasts anytime, anywhere in our Ramsey Network app: https://apple.co/3eN8jNq Learn more about your ad choices: https://www.megaphone.fm/adchoices Ramsey Solutions Privacy Policy: https://www.ramseysolutions.com/company/policies/privacy-policy Learn more about your ad choices. Visit megaphone.fm/adchoices

28 Aug 202342min

Avoid Business Failures and Restore Your Profits

Avoid Business Failures and Restore Your Profits

Today we’ll hear about: •       How to reopen a business that’s a good concept but failed under prior management •       A business owner who’s making $16 million a year and growing •       The top things you should watch out for when buying a business •       Why it’s so important to have a succession plan in place with a family business Links mentioned in this episode: •       The EntreLeadership Podcast •       EntreLeadership Master Series Have a question for The EntreLeadership Podcast? Leave a voicemail at 844.944.1070 or submit your question for a chance to be on the show with Dave Ramsey: https://www.entreleadership.com/ask Start growing in business and leadership with the EntreLeadership Newsletter. Sign up to receive tactical tools, advice and resources in your inbox every week: https://bit.ly/3IRWnsL   Support our sponsors: •       NetSuite •       BELAY •       Payority Learn more about EntreLeadership Events: •       EntreLeadership Summit •       EntreLeadership Master Series Learn more about EntreLeadership Coaching: •       Elite •       Advisory Groups •       Executive Coaching •       Workshops Listen to all the Ramsey Network podcasts anytime, anywhere in our Ramsey Network app: https://apple.co/3eN8jNq Learn more about your ad choices: https://www.megaphone.fm/adchoices Ramsey Solutions Privacy Policy: https://www.ramseysolutions.com/company/policies/privacy-policy Learn more about your ad choices. Visit megaphone.fm/adchoices

21 Aug 202345min

How to Set Realistic Expectations For Your Business

How to Set Realistic Expectations For Your Business

Today we’ll hear about: •       A woman who’s hesitant to take over the family business because of how her dad has managed the business finances •       How to help your business when you have heavy turnover •       A new business owner who needs to know the top skills he should focus on to succeed •       What to do when team members think your success and wealth came from blind luck Links mentioned in this episode: •       The EntreLeadership Podcast •       EntreLeadership Master Series •       The E-Myth by Michael E. Gerber •       Have a question for The EntreLeadership Podcast? Leave a voicemail at 844.944.1070 or submit your question for a chance to be on the show with Dave Ramsey: https://www.entreleadership.com/ask Start growing in business and leadership with the EntreLeadership Newsletter. Sign up to receive tactical tools, advice and resources in your inbox every week: https://bit.ly/3IRWnsL   Support our sponsors: •       NetSuite •       BELAY •       Payority Learn more about EntreLeadership Events: •       EntreLeadership Summit •       EntreLeadership Master Series Learn more about EntreLeadership Coaching: •       Elite •       Advisory Groups •       Executive Coaching •       Workshops Listen to all the Ramsey Network podcasts anytime, anywhere in our Ramsey Network app: https://apple.co/3eN8jNq Learn more about your ad choices: https://www.megaphone.fm/adchoices Ramsey Solutions Privacy Policy: https://www.ramseysolutions.com/company/policies/privacy-policy Learn more about your ad choices. Visit megaphone.fm/adchoices

14 Aug 202357min

How to Do More Than Just Break Even in Business

How to Do More Than Just Break Even in Business

Today we’ll hear about: •       The things to keep in mind when deciding if you’re going to sell your business •       The best formula to estimate the value of a business when buying one •       How a business owner’s salary may be putting the future of his business in jeopardy  •       What to pay attention to when you have minimal profit margins and how to turn that around Links mentioned in this episode: •       The EntreLeadership Podcast •       EntreLeadership Master Series •       Have a question for The EntreLeadership Podcast? Leave a voicemail at 844.944.1070 or submit your question for a chance to be on the show with Dave Ramsey: https://www.entreleadership.com/ask Start growing in business and leadership with the EntreLeadership Newsletter. Sign up to receive tactical tools, advice and resources in your inbox every week: https://bit.ly/3IRWnsL   Support our sponsors: •       NetSuite •       BELAY •       Payority Learn more about EntreLeadership Events: •       EntreLeadership Summit •       EntreLeadership Master Series Learn more about EntreLeadership Coaching: •       Elite •       Advisory Groups •       Executive Coaching •       Workshops Listen to all the Ramsey Network podcasts anytime, anywhere in our Ramsey Network app: https://apple.co/3eN8jNq Learn more about your ad choices: https://www.megaphone.fm/adchoices Ramsey Solutions Privacy Policy: https://www.ramseysolutions.com/company/policies/privacy-policy Learn more about your ad choices. Visit megaphone.fm/adchoices

7 Aug 202341min

Key Decisions to Drive Business Success

Key Decisions to Drive Business Success

Today, we hear about: •       How to help your team members grow personally and professionally •       A caller who has a thriving debt-free business with over $3.6 million of equipment •       The six drivers of a truly successful business •       What to do when buying a company and the previous owner wants to continue working with the team Links mentioned in this episode: •       The EntreLeadership Podcast •       EntreLeadership Elite •       Have a question for The EntreLeadership Podcast? Leave a voicemail at 844.944.1070 or submit your question for a chance to be on the show with Dave Ramsey: https://www.entreleadership.com/ask Start growing in business and leadership with the EntreLeadership Newsletter. Sign up to receive tactical tools, advice and resources in your inbox every week: https://bit.ly/3IRWnsL   Support our sponsors: •       NetSuite •       BELAY •       Payority •       Staples Learn more about EntreLeadership Events: •       EntreLeadership Summit •       EntreLeadership Master Series Learn more about EntreLeadership Coaching: •       Elite •       Advisory Groups •       Executive Coaching •       Workshops Listen to all the Ramsey Network podcasts anytime, anywhere in our Ramsey Network app: https://apple.co/3eN8jNq Learn more about your ad choices: https://www.megaphone.fm/adchoices Ramsey Solutions Privacy Policy: https://www.ramseysolutions.com/company/policies/privacy-policy Learn more about your ad choices. Visit megaphone.fm/adchoices

31 Jul 202341min

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