(Some of) The main points for listeners:
• Entrepreneurs Organisation –
• Entrepreneurs Masters Programme launched 35 years ago
• Mastering the Rockefeller Habits – designed to reduce the drama and chaos that comes with scaling a business
• Scaling Up – revised edition out October 18th
• It’s as much about purpose as it is profit – money is important but to keep employees engaged it’s got to be about purpose to
• Entrepreneurs want to solve a problem they see
• What’s your BHAG? Red Balloon – 1 experience delivered sustainably every second by 2030!
• Do you see chaos drama or opportunity? It’s all about mindset. It’s going to be outwardly chaotic!
• As leaders were expected to absorb fear and exude hope - Greg Brennerman
• Margaret Heffernan – this is the time to be ambitious
• What would Warren Buffet do?
• Figure how how to take advantage of the opportunity:
• ‘Up’ your BHAG
• How can you get more intel to help you?
• Who survives is not the fittest it’s the most adaptable
• OODA loop… can you act quicker and remain agile
• What can you learn from the trends around us today
• What are your strategies around pricing to protect your margins?
• Good better best…
• Consider your compensation plan for your team – especially now at this time of inflation to attract and retain (and link to your pricing!)
• Remember your Gross Margin dollar/£/€ per employee -
• Use daily huddles to share information and learn what’s happening direct from employees and customers
• Do you have the intel daily to enable you to make decisions and have a good gut feeling for your business
• Where is that 10x advantage over the competition
• Thinking 10x means you have to think differently
• How getting a coach makes such a big difference
• What we can all learn from Marshall Goldsmith and why he chose scaling up and the growth institute for his first master course in coaching
• Disciplined People, Engaged in disciplined thought that drives disciplined strategy which drives execution (PSEC) – and that comes from coaching!
• The key to scaling action is technology
• Coaching learning and tech is what drives scaling up
• Be even more bold!
Learn More: visit the Ignium https://www.igniumconsult.com
Subscribe for more exclusive content in the Ignium Spark Tank https://www.igniumconsult.com/the-spark-tank
Listen to the show: https://sparksbyignium.transistor.fm/episodes
Connect with Verne at Scaling Up
Learn more about Scaling Up: https://scalingup.com/
Learn more about the Scaling Up toolkit - https://scalingup.com/growth-tools/
Learn more about the Growth Institute- https://www.growthinstitute.com
Learn more about the Scaling Up Master Business Course - https://www.monkhouseandcompany.com/workshop/scaling-up-master-business-course/
Books Referenced in this episode:
Mastering the Rockefeller Habits: What You Must Do to Increase the Value of Your Growing Firm https://amzn.eu/d/3gSfz0O
Scaling Up: How a Few Companies Make It...and Why the Rest Don't (Rockefeller Habits 2.0) https://amzn.eu/d/a6bMZP2
The Heart of Business: Leadership Principles for the Next Era of Capitalism https://amzn.eu/d/6U9Qzek
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Connect on LinkedIn Phil Rose https://www.linkedin.com/in/coachphilrose/
Kerry Jarred https://www.linkedin.com/in/kerry-jarred-jarredconsulting/
Join The Building Better Business Facebook Group https://www.facebook.com/coachedbyphil
Follow us on Twitter https://twitter.com/malabarman
Keywords in this episode:
Purpose, scaling Up, Scale, Entrepreneur, Success, Rocks, Purpose Driven, Processes, context, Verne Harnish, Secret Sauce, coaching, 10X thinking
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