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Show Notes

DOWNLOAD. LISTEN. ENGAGE.

EPISODEĀ A6.005 Focus on Business Configuration

10/8/2020

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Introduction
Good day and hope you are looking forward to a productive week.
This week we are announcing our new community - The Community of Commerce for all insiders. Everyone who has JOINED US and become an inside we are moving off of the weebly web platform to a community site on Tribe. 

This will provide an opportunity to share information, ask questions, and gain support for starting, growing, or exiting your business.

It is our version of the Chamber of Commerce - what it could have been instead of what it has become. This community has one goal - your success as a business owner to build generational wealth for your family. That growth will create more and better jobs in your local community.

It is a stand alone (outside the control of the arbitrary large providers) platform that provides entrepreneurs and business owners a space for the free and open exchange of ideas.

As a member of IBGR's Community of Commerce you can:
  1. Follow other users including the OnAir Talent and Executive Team at the station.
  2. Ask and answer questions about starting, growing, and exiting the business from our OnAir team and each other.
  3. Follow any member of the Community to stay abreast of their latest business insights as well as building your own following.
  4. Start discussions to stimulate input from other members of the Community.
  5. Create and vote in Community polls.
  6. Post and comment on posts and blogs.
  7. Access and share content entrepreneurs and business owners can use.
We built this beyond the reach of the 'masters of the universe' so you can speak your mind.

On a closing note, if you want to know what drives everything we do - checkout this article: from Australia (click here).

And that is just restaurants - what about everybody else?
Have a great business week.
​
Listen>Apply>Engage
​
Show Objectives - The Why
I wish there was an easier answer to the question, but there isn't. Here is the deal - do you constrain the Reinvention Project to fit the existing business or do you start with a clean slate and figure out what happens to everything you have built?

Key Issues - Owner/Manager Perspective:
  1. Does our Unique Offer fit the Reinvented business or do we make the Reinvented business fit our unique selling proposition or value proposition.
  2. Do our Business Models fit the Reinvented business or do we make the Reinvented business fit our Business Models.
  3. Is our organizational chart obsolete.

What You Need to Know - The What
  • EPISODE C.001 YOUR UNIQUE OFFER
  • EPISODE C.002 OPERATIONAL EXCELLENCE OR PRICE
  • EPISODE C.003 PRODUCT LEADERSHIP OR QUALITY
  • EPISODE C.004 CUSTOMER INTIMATE OR SERVICE
  • EPISODE A.004 BUSINESS MODELS

What You Need to Do​​ - The How
  1. Consider 2 Reinvention Projects: (1) constrained within the current business operation, or (2) total clean sheet and let th chips fall where thy may.
  2. if you go both routes, look for ways to reconcile, is it possible to make the clean sheet project fit within existing configuration.
  3. Value Proposition = Business Model
  4. Business Model = Core Competence
  5. Core Competence = Offer

Shows
  • Previous: EPISODE A6.004 REVIEW STAGE VI PLAN - SCENARIO PLANNING ABOUT THE NEW ROI
  • Next: A6.006 Focus on Product & Service Offer
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        • The CFO Perspective
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        • The Smart & Savvy Business Exit
      • FINANCE >
        • Business Econ for a Post Pandemic World
        • Economics For Owners
        • Employee Capitalism
        • Money Matters
        • Practical Solutions to Difficult Problems
        • TurboCharge Your Business
        • Your Money Machine
      • HR / PEOPLE SKILLS >
        • Business and Beyond
        • Business Processes & People Talk
        • Equipping Others
        • Staff It!
        • Success Can Be Fun - With Focus!
        • The People Side of Business
        • Women of Business Thriving
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        • Get You Noticed!
        • The Referral Guy Interviews Your
        • The Magnetic Voice
      • LEADERSHIP >
        • Compassionate Leaders of Influence
        • Destiny Road
        • Engaging Your People For Success
        • Leadershift with Col Ajai Lal
        • Leadership Powered by Common Sense
        • Influencing for Global Impact
        • Talk Leadership with Cedrick on the Radio
        • Your Corporate Confidante
      • MARKETING >
        • Building A Multilevel Marketing Empire
        • Level-Up Your Marketing
        • No Nonsense Market Domination
        • Buying Customers
        • #Seriously Social
        • Results Oriented Marketing
      • MINDSET >
        • Building Success Habits
        • Building You to Build Your Business
        • Entrepreneurial Mindset
        • Peak Impact Mentorship
        • Guidance To Wealth
        • The Hero Within
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        • Building In Front of You
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        • Serving Up Sales
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        • Survival Mode
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        • How To Become the Top 5%
        • How to Move Beyond the 15%
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        • Own It!
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        • The Self Managing Organization
        • Tenacious Top of Mind Business Insights
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