IT WORKS BUT DOES IT SCALE? - WILLIAM EASTMAN

PROFIT RADIO..."Let's Grow Together"

Introduction
Today I am wearing my E Hat - Owner as Executive. That means instead of spending my time being consumed by working IN the business, working in the PRESENT, I can now work ON it and the FUTURE.

The second issue is the Stage of Growth. We are at Stage II where the concern is to Sell, Sell, Sell. The only way to prove your business idea is right is by finding willing to spend money on it. That is not the only issue you are trying to solve. Once you provide the idea, the next issue is it scalable?

Last thought before we start, I want to invite you to my new group on our Community of Commerce - Living the Life . If you are a serial entrepreneur and looking to discuss how to build a business that runs itself so you can start running multiple businesses - this is the right spot.
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Listen>Apply>Engage
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Show Objectives - The WHY
Some big decisions need to be made early. You don't have to be perfect, just understand that the cost of switching platforms is not financial, it is the time expended to make sure everything is moved and dealing with the learning curve - it might not be fully operational for weeks or months.

Key Issues - ​Owner Perspective:

1. What are your immediate needs, what problems are you trying to solve.
2. What are your long term needs, what problems are you anticipating.
3. How well do the platform choices scale, can you build for the future or forced to change platforms. 
4. How well do the platform choices integrate - fewer is better.

What You Need to Know - The WHAT

• A clear picture of what the business will look like when it reaches its full potential - what you build in Stage III to achieve maximum results in Stage IV;
• Understand the critical issues:
  • Enter data once;
  • Accessible every where;
  • Control access based on position;
  • Information collected is easily accessible;
  • Automate functions to make doing the right thing easier;
  • What can you afford now;
  • Scalability - usually different levels (value ladders).
• What is the least number you can get by with right now.

What You Need to Do​ - The HOW

1. Blogging Platform
2. Web Platform
3. eCommerce Platform
4. Accounting Platform
5. Customer Relationship Management Platform
6. Social Media & Automating Platforms
7. Cloud Storage & Sharing
8. Project Management
9. Intranet

The purpose of this show was to cover the factors you need to consider when making a decision about using technology to scale the business.
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Make sure you leave some thoughts in the comment section below. I am interested in continuing the conversation.

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