Posts Tagged 'growth'

HomeTag: growth

Gear Down to Scale Up

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Gear Down to Scale Up

Gear Down to Scale Up

Sometimes you need to gear down to scale up.

Your Business Journey

If you’re a client of Blue Elevator®, you are probably familiar with our trademarked phrase … Innovate, Accelerate, Replicate®.

Your business journey is unique. No two business owners are alike. Consequently, every business is different.  At times, you will experience twists and turns. You will also experience ups and downs. First, you’re innovating. Then you’re accelerating, and next you’re replicating.

Growth is Not Scaling

At Blue Elevator®, we differentiate between ...

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20
OCT
0

Categories: Scaling

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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

Tags: , , , , ,

Working Capital

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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 ...

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10
JUL
0

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

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A Tale of Two Rivers

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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, ...

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29
MAY
0

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

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Smile Praise Miracle

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Smile Praise Miracle

Smile Praise Miracle

Smile Praise Miracle.  Or, rather: Smile, Praise, and Miracle.  Some things make you smile.  Others make you want to give a shout of praise.  And others are flat-out miracles.

Goal setting.  Should you set goals or not?  And, if you do, how do you go about this?

And as far as that goes, it’s your call.  Most people, if you ask them, would say it’s good to set goals.  But, then there’s the next question: How many people actually set ...

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29
MAY
0

Categories: Blog, Business Advisory, Business Process, Leadership, Management

Tags: , , , , , ,

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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23
APR
0

Categories: Accelerate, Blog, Business Advisory, Innovate

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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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14
APR
0

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

Tags: , ,

Setting Goals

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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 ...
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17
MAR
0

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

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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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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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2
DEC
0

Categories: Blog, Business Consulting, Business Growth, Business Process Consulting, Innovate, Leadership, Management, Problem solving

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