International Business Growth Radio Network
  • HOME
    • YOU >
      • Grow with Us
      • Themes
      • FAQ
    • US >
      • North American Partners >
        • North American Hosts
        • North American Directory
      • Australasia Partners >
        • Australasia Hosts
        • Australasia Directory
      • South Asia Partners >
        • South Asia Hosts
        • South Asia Directory
      • Prime Meridian Partners >
        • Prime Hosts
        • Prime Directory
      • Exec Team
    • LISTEN NOW >
      • OnAir TODAY
      • Show Notes
      • Podcasts
  • News
  • Blog
  • NETWORK
    • Agilerad.io
    • Sponsor Network
    • Special Preferences
    • Privacy
  • NOTES
  • Community
  • APP
  • SHOP

show notes

Stages of Development

SO HOW FAST CAN THIS BABY GO? - WILLIAM EASTMAN

20/10/2020

0 Comments

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

Introduction
Today you are getting operations perspective from an operator. I start my business life as a first line supervisor and then manufacturing manager before becoming a serial entrepreneur.

This topic I am well versed with because it is how I worked my way through the ranks from operator to executive and then on my own.

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.
​
Listen>Apply>Engage
​
Objectives - The WHY
The big moment is here. You dreamed about it and fought your way through all of the challenges of an early startup, now it is time to reap the rewards.

You should have a stable foundation and platform to build upon. The critical question "how much can we do?" and "how do we do it?" are where you are seeking answers. Building a capacity plan is the result. Your goal right now is maximizing all of your resources to generate as much revenue as possible without putting yourself out of business.

Key Issues - ​Owner Perspective: 
  1. Estimate the total capacity of the business - 100% - if everything used to it potential.
  2. Decide on target percent for this Growth Stage - 90% is a solid number, avoid anything under 85%,
  3. Based on uptime (OEE), is there any preventive maintenance or replacement required that will fail to produce or breakdown?

What You Need to Know - The WHAT
  • EPISODE E3.002 CREATING AND IMPLEMENTING GROWTH FOUNDATION PLAN
  • EPISODE E4.002 SELL SOON OR REINVENT - THE CAPACITY AND SALES PLAN FOR HOCKEY STICK GROWTH
  • EPISODE A.010 PRICING STRATEGIES & METHODS

What You Need to Do​​ - The HOW
Expanding the Profit Plan
  1. Review your numbers;
    1. Scheduling Metrics
    2. Efficiency Metrics
    3. Waste Metrics
    4. Monthly Cash Demands
    5. AP and AR Aging reports
  2. Quick hits, where can you make immediate improvements without reengineering everything?
  3. How are you going to get personally involved without interference?
  4. Based on where you have the greatest potential capacity to grow - select a market and customer for marketing.
  5. Scenario spreadsheet on the right amount of growth.
  6. Create a marketing plan to create the volume of interest required based on sales close rates and time in the funnel. 

The purpose of this show was to cover the essentials of estimating the business's potential given its current configuration. We now have a target for growth and the challenge of accelerating the pace while managing the velocity of cash.

Make sure you leave some thoughts in the comment section below. I am interested in continuing the conversation.

William Eastman
"Living The Life...On Your Terms"

O4.03.3

0 Comments



Leave a Reply.

    new choice for BUSINESS SEARCH

    ​All IBGR Shows Notes are available for download

    Authors

    - (NA) North American Radio Hosts
    ​- (AA) Australasian Radio Hosts
    - (SA) South Asian Radio Hosts
    - (PM) Prime Meridian Radio Hosts

    Archives

    March 2021
    February 2021
    January 2021
    December 2020
    November 2020
    October 2020
    September 2020
    August 2020
    July 2020
    June 2020
    May 2020
    April 2020
    March 2020

    Categories

    All
    Season 1 - A. Strategy
    Season 1 - B. Operations
    Season 1 - C. Sales
    Season 1 - D. People
    Season 1 - E. Ownership
    Season 1 - F. Coaching & Consulting
    Season 2 - A. Financial Results
    Season 2 - B. Operational Productivity
    Season 2 - C. Sales Effectiveness
    Season 2 - D. People Performance
    Season 2 - E. Owner As Executive
    Season 3 - C. Customers
    Season 3 - E. Executive
    Season 3 - F. Finances
    Season 3 - IBGR Specials
    Season 3 - O. Operations
    Season 3 - P. People
    Season 3 - Special Series
    Season 4 - Customers
    Season 4 - Executive
    Season 4 - Finance
    Season 4 IBGR Specials
    Season 4 - Market Domination
    Season 4 - Operations
    Season 4 - People
    Season 4 - SPECIAL SHOW
    SPECIAL EPISODE

    RSS Feed

Site powered by Weebly. Managed by Radio.co, Designed by gWORX Media
Photo used under Creative Commons from magerleagues
  • HOME
    • YOU >
      • Grow with Us
      • Themes
      • FAQ
    • US >
      • North American Partners >
        • North American Hosts
        • North American Directory
      • Australasia Partners >
        • Australasia Hosts
        • Australasia Directory
      • South Asia Partners >
        • South Asia Hosts
        • South Asia Directory
      • Prime Meridian Partners >
        • Prime Hosts
        • Prime Directory
      • Exec Team
    • LISTEN NOW >
      • OnAir TODAY
      • Show Notes
      • Podcasts
  • News
  • Blog
  • NETWORK
    • Agilerad.io
    • Sponsor Network
    • Special Preferences
    • Privacy
  • NOTES
  • Community
  • APP
  • SHOP