#AskPeshev 181: My 18-Step Advisory Framework

#AskPeshev 181: My 18-Step Advisory Framework

February 22, 2023

In times of economic uncertainty and layoffs, providing more tactical and actionable advice is more important than ever.As a result, I'm trying to shift my advisory practice to a horizontal community - serving hundreds of entrepreneurs instead of working with 3-5 businesses at a time.This is how my Community was born this month.While my advisory clients usually pay 4 figures a month, or a minimum of $350/hr, this is a hard cost in times of recession.My community plans starting from $29/mo to $349/mo (the last one including a call with me, on top of everything), has been welcomed by some of my active followers already - even before announcing it to the world!  In my membership portal, I've gathered the most relevant stats and stories on time, productivity, and strategy. As for today's newsletter - start with my latest blog post on the core business topics that need to be evaluated and refined.And land on the 10 time management strategies I've shared on LinkedIn.What is the most impactful activity that would bring your business to the next level? Hit "Reply" and let me know! Mario My Take The 18 Core Topics Businesses Need to Evaluate and RefineWorking with 400+ consulting clients comes with handling various recurring problems and pain points. Some of the 6-7-figure businesses I have been consulting on generate $750K to $50M in annual revenue (I charge $6K – $20K for 4-12 weeks of advisory.), and having been immersed in actual work as a corporate business advisor, I know first-hand that most of the business problems are around the following:Read more…

 Business Strategy 

  • DOW: 33,129 (-2.07%)

  • NASDAQ: 11,492 (-2.51%)

  • S&P: 3,997 (-2.01%)

*Economy numbers as of February 22nd*

Jacinda Ardern is the latest big name to step back from her position due to burnout. Is her decision enough to finally move the needle on workplace mental health?Read more… Management 

  • Burned-out employees are 63% more likely to take a sick day

  • 8% of Occupational illness cases are due to burnout

  • 56% of Workers say that their HR departments did not encourage anti-burnout activities

* Statistics taken from Gitnux's "Burnout Statistics Survey 2023" *Forbes: Feeling Overwhelmed? 10 Quick Tactics To Achieve A Better Mental StateWhen you're feeling burned out or overwhelmed with the constant struggle to balance work and life, it can often feel like you don’t have any time to dedicate to self-care or getting yourself back on track. However, you don’t necessarily need an hour of meditation or a long workout to get your mind in a better state.Read more… Recruitment 

  • Chatbot sector 2023 income: $137.6 million

  • Chatbots can save up to 2.5 billion hours on support

  • 74% of customers prefer chatbots to human agents

*  Statistic taken from Statista and DemandSage Chatbot Statistics for 2023  *Spiceworks: How ChatGPT Can Be a Game Changer in Human Resource ManagementMost HR specialists have heard about ChatGPT, an OpenAI chatbotOpens a new window  introduced in November 2022. There has been much discussion about what this most recent artificial intelligence technology is capable of and how it might eventually take the place of people. The new technology available to HR professionals can change how they do their jobs. You can have a chat with an AI model called ChatGPT. That goes much beyond a chatbot. Since its release, this multifunctional gadget has drawn much interest.Read more…

 Breaking News 🚨

  • 6.3-magnitude earthquake hits Turkey-Syria border, two weeks after the region was devastated by an earthquake that killed tens of thousands.

  • President Biden visits Kyiv ahead of the one-year anniversary of Russia’s invasion of Ukraine.

  • The EPA is ordering Norfolk Southern to conduct and pay for the cleanup of contamination from the Ohio train derailment.

 Marketing 

  • Best time for meetings is on a Tuesday at 14:30

  • 47% employees choose Monday as the worst day for meetings

  • Appointment scheduling software market to grow to $546 million by 2026

*Statistics taken from Hourly, Allied Market Research, Better Meetings*

Marketers must place an emphasis on bettering their productivity and organizational skills to ensure long-term success within the industry. Being able to focus on the most important tasks of the day and spending as little time as possible on administrative items can help you attain goals and meet important deadlines.

 Sales 

  • U.S. import prices January: -0.2%

  • CPI January increase: +0.5%

* Statistics taken from The US Bureau of Labor Statistics *

In 2023, business leaders are faced with the ongoing impact of inflation, resulting in tighter budgets and leaner teams. “Doing more with less” is more important than ever before. Leaders that can adapt to the new reality are the ones who strive toward investing in scalable, repeatable and consistent effective sales motion instead of hiring more people or talent.

 Featured Story of the Week 

Everyone has 24 hours in a day. Are you spending yours effectively? This week's deck presents some tactical strategies to yield more out of your work hours, avoid fatigue, combat procrastination - and simply achieve more. What is your favorite strategy that keeps you efficient?