Archive for 'Business Growth'

HomeBusiness Growth

Scaling – How To

Posted by:

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 ...

Continue Reading →
13
SEP
0

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

Tags: , , , , ,

What’s Next

Posted by:

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 ...
Continue Reading →
28
APR
0

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

Tags: , , , ,

Working Capital

Posted by:

Working Capital

Working Capital

How do you measure your organization’s Working Capital?

What is It?

What comes to mind when you hear the term Working Capital?

If you’re like most people, you probably think of cash on hand.  But, it’s more than just that.

The technical definition is Current Assets minus Current Liabilities.

The Balance Sheet

You will find the elements you need on your organization’s Balance Sheet.

First, Current Assets includes cash.  Additionally, it also includes other assets that will be converted to cash or used up in the ...

Continue Reading →
10
JUL
0

Categories: Business Advisory, Business Cycle, Business Growth, Finance

Tags: , , , ,

Herding Instinct

Posted by:

Herding Instinct

Herding Instinct

Birds of a feather flock together.  Have you heard that saying?

There’s a certain phenomenon in life and business: Shiny objects attract attention.  And, attention attracts attention.

  • Someone spots a celebrity at Disneyland.  And soon, there’s a swarm of people snapping pictures of the celeb.
  • Bitcoin starts taking off.  And, all of a sudden everyone becomes a bitcoin investor.
  • In the 70s, Pet Rocks and Cabbage Patch Kids became all the rage.

I’m sure you can probably think of certain crazes or fads you’ve ...

Continue Reading →
9
JUL
0

Categories: Blog, Business Cycle, Business Growth, Business Process

Tags: , , , , , ,

Innovate, Accelerate, Replicate

Posted by:

Innovate, Accelerate, Replicate

Innovate, Accelerate, Replicate ®

Innovate, Accelerate, Replicate ® are the three basic business building blocks.  How’s that for alliteration?

And, it’s so fundamental, we even thought to trademark it.

You could be an entrepreneur starting a business.  Or, you could be leading a Fortune 500 Company.  Whatever the case, you will need to be mindful of this trio.

In fact, as you begin reading this article, I would invite you to take a look at this infographic.

Innovate

The word innovate is somewhat self-defining.  When ...

Continue Reading →
25
JUN
0

Categories: Accelerate, Business Growth, Innovate, Replicate

Tags: , , ,

A Tale of Two Rivers

Posted by:

A Tale of Two Rivers

A Tale of Two Rivers

This is a tale of two rivers.  Recently, I was spending time in a consultation with a few friends who are also consulting cohorts.  Myself, Ryan, and Dan met to discuss the possibility of working together with a client.

And, providentially, we drifted onto the topic of fly fishing.

Dan was sharing with me his love of fly fishing.  When Dan shared his experiences, I remembered a very strange business phenomenon.

So strange, that if you haven’t experienced it, ...

Continue Reading →
29
MAY
0

Categories: Blog, Business Advisory, Business Growth, Management, Pricing, Problem solving

Tags: , , , , , ,

The Law of the Limiting Reagent

Posted by:

The Law of the Limiting Reagent

The Law of the Limiting Reagent

Have you heard of the Law of the Limiting Reagent?

Well, if you are a Member of the Blue Elevator™ Group, I hope you have.  Or, maybe you learned this concept as a chemistry student.  And, for sure if you were blessed to receive instruction from chemistry teacher Mrs. Connie Grosse at El Dorado High School in Placentia, California.

And, that’s where I first heard it.  In 1983.  For me, chemistry wasn’t the easiest of courses.  But, ...

Continue Reading →
14
APR
0

Categories: Blog, Business Growth, Business Process, Business Startups, Innovate

Tags: , ,

Setting Goals

Posted by:

Setting Goals

Setting Goals

This isn’t an article about why you should be setting goals.  But, rather how to set goals.

As the saying goes, “A dream or a goal without a plan is only a wish.”

Typical Goals

Here are some typical goals for a business or organization:

  • Start a business, and grow it until it reaches $100 million in revenue in 5 years.
  • Become the industry’s leading provider of X.
  • Achieve EBITDA equal to 20% of gross.
  • Do an IPO sometime in the next 3 years.
  • Make enough money ...
Continue Reading →
17
MAR
0

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

Tags: , , ,

Stopping And Starting

Posted by:

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 ...

Continue Reading →
29
DEC
0

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

Tags: , , , ,

Triple B (More Like ‘Quadruple B’)

Posted by:

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 ...
Continue Reading →
7
DEC
0

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

Tags: , , ,

Page 1 of 6 12345...»