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Scaling – How To

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Scaling – How To

Scaling – How To

Are scaling and growth the same thing? Does one cause the other and vice versa?

If you are familiar with Blue Elevator®, then you are hopefully familiar with our trademarked phrase.  Innovate, Accelerate, Replicate®.

In addition, you may be familiar with our simple and illustrative scaling metric.  To wit, Level 1, 2, or 3.

Innovate, Accelerate, Replicate®

First, if you want to scale your organization, you will need to continually Innovate, Accelerate, Replicate®.  That means, you will need to follow this ...

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13
SEP
0

Categories: Blog, Business Advisory, Business Development, Business Growth, Scaling

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What’s Next

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What’s Next

What’s Next?

What’s next?  It’s June 2020.  We have been through the Coronavirus lockdown, murder hornets, and protests/riots/looting.

Sometime mid-March 2020, the Coronavirus rolled into town — and summarily into just about every country around the globe [Although, as of this writing, some healthcare professionals believe exposure may have been much earlier…e.g., in California].

History will reveal the true nature of this pandemic.

  • Was it a natural mutation from a wet market in China (e.g., happenstance)?
  • Was it a mistaken release (e.g., a mistaken release ...
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28
APR
0

Categories: Blog, Business Development, Business Growth, Faith, Management Action Items

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DSO

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DSO

DSO

DSO stands for Days Sales Outstanding.

This article discusses this important ratio (or metric) and what it means to your business.

What Is DSO?

DSO represents the average number of days it takes for you to collect or realize sales revenue.

Example 1: Cash Sale

Let’s say, for example, you sell a widget for cash.  And the person pays you right away.  Your DSO will be zero.  You collected your sale real time.

Example 2: Credit Sale

Let’s say a potential customer contacts you to buy a truckload ...

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21
MAR
0

Categories: Blog, Business Development, Finance

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Stopping And Starting

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Stopping And Starting

Stopping And Starting

When it comes to stopping and starting, there is a tandem takeaway.  But before we get there, let’s start here:

  • Don’t strike out!
  • Please don’t miss the free-throw!
  • Don’t fumble the football!

Think about these things for a minute.  Pretty high-pressure situations, right?

All of these are things you want to avoid if you’re an athlete.

How About This Scenario?

It’s game seven of the World Series.  Ninth inning.  Game tied.  Bases loaded.  Two outs.  Full count.

You call a time-out to reflect on your coach’s ...

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29
DEC
0

Categories: Blog, Business Consulting, Business Development, Business Growth

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Triple B (More Like ‘Quadruple B’)

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Triple B (More Like ‘Quadruple B’)

Triple B

Triple B was not the original title.  I would have preferred to call this article the Three Bs.  But, URLs don’t like apostrophes.  And, calling it BBB would be infringing on the Better Business Bureau’s branding.

Nevertheless, big or small, every business needs to be about the Triple Bs.  And, as we indicated in the title, probably more like four Bs.

Your Vehicle’s Dashboard Gauges

Most vehicles will have the following instrument gauges on the dash board:

  • A speedometer
  • A gas gauge
  • A volt-meter (this ...
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7
DEC
0

Categories: Blog, Business Development, Business Growth, Business Process, Leadership, Management, Management Action Items

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Jungle Fighting

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Jungle Fighting

I remember when I first heard the term ‘jungle fighting.’  It was many years ago.

During my career, I served in various organizations as the Controller and/or Chief Financial Officer, as well as General Manager.

And, I would say for providential purposes, I was called to serve during some very challenging times.  Both, in terms of a company’s development and the overall economy.

It’s Lonely At The Top

I was having lunch one day with the partner of a CPA firm.  I was ...

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7
DEC
0

Categories: Blog, Business Development, Business Growth, Leadership, Management, Management Action Items, Problem solving, Startups

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Finding Business Gold

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Finding Business Gold

Finding Business Gold

Are you interested in finding business gold?  Many of you have been following an article series that started with My Quest.

If you’re just now joining us, as you now know, many decades ago, I set out to find the secret to business success.  Much like the alchemists of long ago, I was searching for that super secret method.  I was looking for that secret formula to turn any business into gold.  I was looking for Business ...

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20
NOV
0

Categories: Blog, Business Development, Business Growth, Leadership, Management

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The Big Secret

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The Big Secret

The Big Secret

In this article, I’m going to tell you the big secret.

I’ve been telling you about My Quest.  Like looking for Sasquatch or Big Foot, I have spent decades looking for the secret to business success.  And, the big question was and is: Is there such a thing as Business Alchemy?

Is there a simple way to turn an ordinary business into gold?

Business Alchemy – Debunked?

You might recall a cable show called “MythBusters.”  In this show, two pseudoscientists ...

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20
NOV
0

Categories: Blog, Business Consulting, Business Development, Business Growth, Business Startups, Innovate, Leadership, Management

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Preferred Provider Network

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Preferred Provider Network

The Blue Elevator™ Group – Preferred Provider Network

We’d like to consider promoting you!

Do you consider yourself one the best professionals in your field?

If so, we invite you to consider pursuing a Membership in the Blue Elevator™ Preferred Provider Network. 

Background

Since 2012, Blue Elevator™ has been providing our clients the very best in custom, collaborative, and actionable business advisory.

And, in order to meet the needs of our clients, we need to identify only the very best business providers.

Here’s why:

  • In ...
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13
NOV
0

Categories: Blog, Business Consulting, Business Development, Leadership

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Business Alchemy

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Business Alchemy

Business Alchemy

If you’re here, chances are you came from the article My Quest – The Secret to Business Success .  If you haven’t read this article, I invite you to read it first – then return and follow-up with this read.

Have you ever wondered if there was a secret to business success?  Is there something key that every successful business knows or does?

Have you ever wondered why some businesses just take off?  And others just kind of limp along?

Additionally, ...

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7
NOV
0

Categories: Business Consulting, Business Development, Business Growth, Business Startups, Management, Startups

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