Learn more about leadershipandmanagement with this collection
Identifying the skills needed for the future
Developing a growth mindset
Creating a culture of continuous learning
Infancy
The infancy stage is where the business operates on what the owner wants rather than what the business needs to grow and succeed. The owner does most of the work himself. This stage ends when the owner can’t keep up with demand and supply or quality drops. The end of this stage is where businesses either fail or succeed. Infancy ends when the boss realizes things cannot continue the way they have been. If you’re still only a technician, this is where many people decide to walk away.
22
18 reads
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Adolescence
The adolescence stage is where you’ve decided to let your business grow and it begins to reach outside of your comfort zone. For the The work becomes too much for a single technician to handle and the business can grow to the extent that subordinates can be managed. For the entrepreneur it is how...
22
23 reads
Maturity
The ultimate goal of any entrepreneur. The maturity phase means your business has a clear vision and purpose. The owner must handle the entrepreneurial aspect of running a business by hiring managers to follow the vision of the company and to manage the technicians who are doing the work.
F...
22
15 reads
The Three Stages of a Business
A business should grow through the following stages.
- Infancy
- Adolescence
- Maturity
22
40 reads
The turn-key revolution.
Turn Key business is the act of setting up your business so that you have systems and process set up for a consistent, effective, and orderly way of doing business. Day in and day out, so that the business is systems dependent and not people dependent. The real product you’re selling is ...
24
58 reads
What this book meant to me.
Stop working in your business and start working on your business. Think of your business as the product that you are developing. Develop systems and procedures to create your products and services. Continue to improve these proce...
26
480 reads
The Three Roles You’ll Need To Play
Entrepreneur, the Manager, and the Technician. The entrepreneur is the visionary who thinks ahead and makes plans for the future, the manager, establishes order in the workplace, trying to create consistency. And the tech...
23
29 reads
Conclusion
In order to run a successful business, you can’t remain just a technician. You can’t hire people to build your business for you and hope they get it right. You need to focus on making the business everything you want it to become. You need to take the time to make it systems dependent so you aren...
22
28 reads
Everything documented and trainable
Documenting all of the steps that go into marketing, creating new products, sales, book keeping, everything.
The systems need to guide every aspect and stage of the business including solutions to problems that might arise. The model must provide consistent value to your customers. It must ...
24
42 reads
CURATED FROM
A Summary Of The E-Myth Revisited, By Michael E. Gerber | by Jeffrey Marr | Medium
medium.com
9 ideas
·733 reads
CURATED BY
I am on a personal journey to discover myself and to better understand my role in the universe. To live a good life and to be a good husband, parent and provider. Where possible share the knowledge that I collected.
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Metrics for assessing a job offer
Think about what is important in your professional and private life, then assess the offer against these metrics.
- Salary. Even when the money is enough, you need to figure out if it's worthy of your knowledge and skills and in line with the local market.
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