This Week@Work a discussion around acquisitions as a strategy to accelerate growth gave me an opportunity to explore this idea in more detail.
Several types of growth make up your business growth recipe if you intend to grow revenue, profit as well as capital value that can be realised.
Accelerated growth is one of these, and has a number of elements to it but an acquisition of a business may not be the path to achieving it.
This Week@Work I might sound Dramatic but I’m Daring you to think Differently about how you Do business today.
Design your business now for the outcome you Desire, rather than being forced to Do it, when you get hit by one of the 6Ds. Watch to see what I mean.
This Week@Work I met with a business owner who is deeply frustrated because his business has outgrown the ‘chassis’ or business model that it was originally built on.
As our business’s grow, we’ll all face this, you can’t stop running the business to rebuild the chassis, we have to build while we fly.
This Week@Work, a rusty bike chain made me think of Zig Ziglar, who started out as a door-to-door salesperson.
Zig understood the art of hunting for business, something that most business owners have gotten rusty at since we started to rely on digital media to bring business to our door.
This Week@Work at a large gathering of business owners, the discussion centered on where to find growth in low or no-growth business environments.
Watch as I share three points on what you need to do, and where you need to look to find the opportunities in such circumstances, to get ahead of your competition.
This Week@Work, I facilitated a business battleplan with a room full of warriors, also known as business owners! The discussions about growth reiterated the same three big challenges to growth that I see over and over again, all over the world. Understand them, and build a battleplan to overcome them.
This Week@Work, I presented a series of workshops with business owners looking for scale and growth, of course! One of the big discussion points was who should lead that growth. As the business owner you’re the biggest investor in your business and growth inherently carries risk. You need to be the one driving growth as you have everything to lose or gain from it.
This Week@Work I met with a business whose owners believed they were doing well enough, and didn’t need to focus on growth. I used the analogy of a white ant to show them that in an inflationary environment there is no option but to grow, if they want to maintain their value.
Watch as I share the analogy and remember to always be growing!
This Week@Work, a fierce debate around technology, and ChatGPT specifically got me thinking about the importance of being an early adopter to stay ahead of your competition.
You can choose to constantly explore what new technology is out there, understand how it can benefit your business, and to implement it to lead your industry, or you can take a more cautious approach, see how it pans out, and you will find yourself lagging behind.
This week@work I met with a frustrated, established business owner who is looking to sell his business in the next 5 years. As part of his exit strategy he ramped up revenues to appeal to a buyer, but his success has put him squarely in ‘No Man’s Land’: Too big for private buyers to afford and too small for listed entities to be interested in.
It’s another warning to start with the end in mind so you can build your business for the right buyer.
