S10 E1-4 (PLANNING OUT LOUD) NOT QUITE AN OVERVIEW OF RECESSION-PROOF OPERATIONS WITH RJ LEWIS

E1 - Putting The P in Planning | IBGR | RJ Lewis
​
​This season on the Planning out loud show we’re going to put the P back into your business planning.
In this episode, we’re applying a PPP Strategy to our business operations. 

1. Predict - What are the challenges that YOU think the market is going to throw at you?
2. Prepare - What are some strategies that you can use to OPERATE-AS -IF?
3. Persevere - Did your predictions pan out? How do you know? What will you measure to understand that?

E2 - Your Business Operations During a Recession | IBGR | RJ Lewis

​We’re talking about putting all the P’s in planning and this episode, we’re going to focus on Preparedness.
You have some fundamental questions that you need rip apart ASAP.

• What is my business model?
• What is my price and what factors have I added into that number?

Operations is the heart-beat of your business because it’s the combination of processes and platforms to give people - namely you - what they need. 

Pay attention to the fundamentals and outline your strategy by moving the flow of information through your operational phases: 

1. Acquisition
2. Fullfilment
3. Retention

Think of these phases as your business flywheel.  Move data through them smoothly and your business will gain momentum.

E3 - Strategies for Starting Up IN a Recession | IBGR | RJ Lewis
​
You HAVE to Mind and Mine the GAPS!
There’s not a wrong time to start a business, UNLESS you haven’t proven that your concept is viable. Getting started is the first step to starting your startup.

1. Mine the gaps.  Identify what’s missing, or needs work and come with an offer around it. 
2. Pitch people and pitch often.  Consider starting with your low-hanging-fruit in order to use the feedback that you receive to improve your idea and check-in on market fit.
3. Create a minimum viable product/offer.  You’ve got the feedback, now make the sales and make the “thing”.

Platforms to pay attention to?  Your Customer Relationship Management is your LIFELINE in this time.  What platforms and processes are you going to use to keep track of customer information?

​

 E4 - Go-to planning that will keep YOU going | IBGR | RJ Lewis

​There are some key questions to ask yourself when you’re investigating the sustainability of your business. 
For our last segment of the day, season 10 episode 4, we’re going to answer some questions about our operations system throughout those operations phases, which were

1. Acquisition
2. Fulfillment
3. Retention

What you need to know to optimize your acquisitions phase: 

• What are your marketing channels?

Look beyond social media to other platforms 
What you need to know to optimize your fulfillment phase:

What you need to know to optimize your retention phase: 




NEXT SHOW
E5-8 It’s not just about marketing

Written by RJ Lewis
The Planning Out Loud Show is your space to examine business operations from the owner’s perspective.   From people you need on your side, to platforms that’ll give you the upper hand, every show we’re going to dig into building business that runs itself, instead of running you.
RJ is online and ready to chat in The Owner’s Perspective group on Telegram.  Join the conversation anytime here: https://t.me/ownersperspective

​