Russell Colbourne - "Your Money Machine"
Your business is Your Money Machine. In this show we take a look under the hood of your business engine and show you how to fine tune your operations. Get ready for lift off as we add rocket fuel to your engine.
Research shows that over 80% of small businesses fail within the first 3 years of operation. However founders who undertake a course in entrepreneurial company building have a far higher success rate in getting past this crucial 3 year hurdle. In a survey of companies where the Founders were graduates from the Founder Institute course over 85% were still operating after 3 years. Education is clearly one of the factors in creating a successful company. And that is exactly what we will be sharing in our next season of Your Money Machine at the IBGR Network. Proven strategies delivered by a seasoned business owner and professional, sharing what works and what doesn’t work at each of stage of business growth.
Value Stream Mapping is a lean methodology for identifying waste within your systems and processes. Before embarking on a program of business growth you need to ensure your business is as efficient and effective as you can make it, so that when you grow you get the most profitable outcome. By Value Mapping your operations you can cut the waste and create Standard Operating Procedures that your team can follow, freeing you up to work on the business, not in the business.
We are in Growth Stage III -
A lot of work for a young company but it has huge dividends - growing the company into its full potential in its current configuration.
Key Issues - Owner Perspective:
What You Need to Know
What You Need to Do
new choice for BUSINESS SEARCH
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