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Show Notes

DOWNLOAD. LISTEN. ENGAGE.

WHERE CAN WE GROW? - WILLIAM EASTMAN

30/10/2020

6 Comments

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

Introduction
Today I am wearing my E Hat - You Are What You Think You Are. That means I am always thinking about creating a business that is successful, scalable, and growing - and multiplies my contribution.
​
The second issue is the Stage of Growth. We are at Stage VI where we explore and exploit new market opportunities to achieve exponential growth; we decided not to sell so there is not going back.

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.
​
Download>Listen>Apply

Objectives - The WHY

​This show will sound a little undecided because it is. When you are at this point in the company's journey the opportunities abound but the clarity is missing to make a decision about what is next.

This is why we are bringing together internal and external people to help investigate and recommend, while the decision still remains with you.


Key Issues - Owner Perspective:
  1. Scan for general trends - where are there new sales opportunities.
  2. Internal lessons learned on new competencies - what could we sell or add that is not in the current offer.
  3. Matching opportunities with competencies - what should be explored as the basis for a Reinvention Project.

What You Need to Know - The WHAT
  • EPISODE C1.003 SIZE AND GROWTH RATE OF POTENTIAL MARKETS
  • EPISODE C1.004 CURRENT AND FUTURE TRENDS IN POTENTIAL MARKETS

What You Need to Do​​ - The HOW
  1. Given the lessons learned in Stages IV and V, what should receive further investigation.
  2. Identify information resources and solicit additional information (#1) as well as general intelligence reports.
  3. Build a Report/Package for an Agile Project team.

​The purpose of this show was to understand how to explore new market opportunities to achieve exponential growth and the company to next level.

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

E6.04.3NA

6 Comments
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12/11/2020 20:59:38

To grow means to evolve. It is because times are changing that we need to get better at what it is that we are doing. If there is nothing in particular that you have in mind, that is still okay. The less that you put focus on the future, the better. I believe that spending our time how we see fit is important, too. Growing is all about our motivations in life, this is what I believe in. I hope that it can help motivate others.

Reply
William Eastman link
13/11/2020 06:47:36

I read your comments several times to ensure I could reply. First let me thank you for the comment, we look forward to the discourse that follows. If I understand your comment correctly you are making the case of growth as evolution and focused on the short-term; a comment that is difficult to argue against. I purposely didn't go that level of detail because each business situation is different and to cover every possible condition would have made a recommendation littered with caveats. After 40 years of consulting I have learned a few lessons and that is "every successful business is different and ever failing one is the same". I look forward to your response with a specific issue so the station's audience can gain from the discussion. Thanks again Bill

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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!
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        • Get You Noticed!
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        • The Magnetic Voice
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        • Building You to Build Your Business
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        • How To Become the Top 5%
        • How to Move Beyond the 15%
        • Living the Life .. On YOUR Terms
        • Own It!
        • ReImagine Your Business
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        • The Self Managing Organization
        • Tenacious Top of Mind Business Insights
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      • Bert Robinson
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