Building Your Dream Company

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‘Your chances of success increase significantly when you are passionate about your work. Pay attention to what gets you excited and engaged. Is there a subject you can’t stop talking about?’

‘Keep your options open and understand business model basics. You may start with services, and then see the potential of products. Try to remain flexible enough to evolve and avoid traps.’

Attention is a powerful asset. Experiment with ways to earn attention and be ready to convert it into a business opportunity.’

Look for opportunity to create something useful and solve a problem. Quick income schemes come and go. Utility endures.’

Be yourself, even if it means looking like amateur for a while. A lack of polish can make your work relatable and unique.’

‘Circumstance is an amazing teacher. Get started quickly and solve problems as they arise so you’re not wasting time or worrying unnecessarily.’

‘If you have demand and are unsure of how to price your work, raise your prices with each new project until you find a ceiling.’

Time is the new wealth. Starting today, you can decide to make it grow.’

Be prepared to pivot. Just because a business model works doesn’t mean it’s the only path. Keep your options open and look for models that align with your values.’

The people who are interested in your work are a source of innovation and opportunity. Listen to them and ask them what they want or need.’

Source

Lee LeFever (2020). Big Enough: Building a Business That Scales with Your Lifestyle

Creating A Growth Culture

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‘Business context is always changing, and cultures need to evolve along with those changes.’

‘A great way to start making a Culture Shift is to look at what’s happening inside your company that fits the culture you want and build on it.’

It is only through planning that you can know your Vital Goals and whether you and your team are doing the right things for the right reasons at the right time.’

You must be consistent with your goals and with your message, or people will stop taking you seriously.’

When people know what is expected of them and there is nowhere in the company to hide, goals are achieved at a greater magnitude and with greater consistency.’

The math of business isn’t sexy, and sometimes it is hard work to capture and post the data. But if you understand its application, you will always have the edge over competitors, thereby leading to victory.’

Measurement enables us to improve our performance by providing a standard against which we can accurately gauge that performance.’

Know the attributes and qualities you want in your idea candidate before you begin recruiting.’

What gets reinforced becomes a part of the culture, and what does not get reinforced dissipates.’

Top performers are obsessed with training and practice. They don’t just achieve greatness and then coast through the rest of their career. They keep striving to be the best.’

Source

Bob Lisser (2022). The Growth Advantage: A Business Blueprint for the Ultimate Competitive Edge