Archive for 'Innovate'

Innovate, Accelerate, Replicate

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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 ...

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God First: Then, Gross Margin

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God First: Then, Gross Margin

God First: Then, Gross Margin

Margin is important, but, alas, God first: Then, gross margin.

“Unless the Lord builds the house, the builders labor in vain.” – Psalm 127:1

If you are planning to start or grow your organization, it’s important to have first things first.

I have been blessed with decades of business experience.  And, I have advised numerous individuals and organizations.  And, given all of that, I’ve discovered the keys to success:

  1. God first.
  2. Have adequate margin ...
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Saw Teeth

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Saw Teeth

Saw Teeth

Saw teeth.  This is what we call a certain trend line that many organizations experience.

There are numerous business challenges that plague leaders and their organizations.  But suffice it to say, that is not what you are probably looking for.  God willing, the aim for most is to continually scale.

At Blue Elevator™, we refer to scaling simply as repeatable growth.

In a perfect world, you start a business.  And, depending on your target trajectory, you continue to grow each year.  God ...

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The Law of the Limiting Reagent

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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, ...

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Revealing Secrets

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Revealing Secrets

Revealing Secrets

We’re ready to begin revealing secrets.  Perhaps you have been following along in this article series.

  1. We started with My Quest.  When I started this series, I shared about my decades-long journey to find the secret to business success.
  2. As you know, I was looking for a simple formula for Business Alchemy.  I was hoping to find a one-step, sure-fire way of turning any business into gold.
  3. Then, I revealed to you The Big Secret.  That, alas, there was ...
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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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TOMA

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TOMA

TOMA

Toma.  Maybe you’ve heard this term before.  Maybe you haven’t.

Actually, I had a friend in high school named Toma.  Toma had a souped-up Dodge Charger, which was a spitting image of The General Lee.  If you’re young, that might not ring a bell.  The General Lee was the car Bo and Luke Duke drove on the show The Dukes of Hazzard.  Toma’s Dodge even came complete with the horn that played a short clip of the tune Dixie.

Toma didn’t drive ...

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One Call Close

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One Call Close

One Call Close

Have you heard that phrase before?  Anyone who has spent time in or around professional sales might identify with that phrase.

It’s the sales person’s equivalent of a proverbial “hole in one” in golf.  It’s as rare as hitting a golf ball off of a tee that goes straight into the hole – as it is for a salesperson to close a deal with a prospect in the first meeting.

Sales is Not a Full Contact Sport

In some sales courses, ...

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Completeness

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Completeness

Completeness

It is an audit objective.

As a former auditor for what’s now PricewaterhouseCoopers, we dealt with audit objectives.  These audit objectives were also learned in my Accounting/Auditing classes in business college at California State University, Fullerton.

The audit objectives were also reinforced in the CPA review course.  That is, a CPA examination test preparation course I took from Newt Becker my senior year.

Let’s see if I remember … ECVARP was the acronym Newt used.  Existence, Completeness, Valuation, Accuracy/Validity, Rights/Obligations, Presentation/Disclosure.  But this ...

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Be Thorough

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Be Thorough

Be Thorough

It’s not a word you hear much anymore.  At a quick glance, it looks like the preposition “through.”

And given our society’s propensity for a “point and click” existence, “thorough” is being relegated to the sidelines of business.

But if you want to be successful in life and business, be encouraged to embrace it.

Merriam-Webster defines it as follows:

  • marked by full detail
  • careful about detail
  • complete in all respects
  • having full mastery (as of an art)

Being Thorough – A Practical Lesson

I was exposed to the ...

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