Business Hierarchy of Needs: Impact

[Creative Freedom S5EB9]

This is bonus episode 9 and we're continuing on through the Fix This Next methodology. This episode, I talk about the fourth level of the hierarchy: Impact.

Fix This Next methodology by Mike Michalowicz

The Business Hierarchy of Needs is a model developed by Mike Michalowicz, author of the forthcoming book, Fix This Next. I'm a certified Fix This Next advisor, and I'll be walking you through each level of the hierarchy in separate episodes.

Level 1 (Sales), Level 2 (Profit). and Level 3 (Order), were our previous episodes.

Based on the original Hierarchy of Human Needs developed by Abraham Maslow in the middle of the 20th century, Mike posed the question, "What is the hierarchy of needs for a business?"

Fix This Next is the answer.

There are five levels to the Fix This Next Business Hierarchy of Needs, and five aspects in each level that you need to consider. Just like Maslow's hierarchy, though, you need to resolve the issues at the lowest levels of the hierarchy before you can deal with anything higher up.

The fourth level of the Business Hierarchy of Needs is Impact. So many creative entrepreneurs I meet want to make a big impact on their world, but if you start your career by being over-generous, you might be putting the cart before the horse. This week's episode explains.

Listen To The Podcast

Download Season 5 Episode B9 | iTunes | Stitcher | Spotify

Podcast Show Notes

  • Why you may never need to worry about the top two levels of the Business Hierarchy of Needs
  • Why it's important to build your "get" foundation first, if you do want to make a bigger impact in the world.
  • The reason why you have to get before you can give (despite what the gurus tell you)
  • The 5 Core needs of the Impact level of the Business Hierarchy of Needs
  • Why you need to be more like Santa and NOT the Emperor

Mentioned In This Episode

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Theme music: “Welcome to the Show” by Kevin MacLeod, Music licensed under

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