Posts Tagged 'Innovate'

HomeTag: Innovate

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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Herding Instinct

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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 ...

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9
JUL
0

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

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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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25
JUN
0

Categories: Accelerate, Business Growth, Innovate, Replicate

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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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27
APR
0

Categories: Accelerate, Blog, Business Advisory, Innovate

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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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Sales Funnels

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Sales Funnels

Sales Funnels

It’s 2018, and you’ve probably been hearing a lot about sales funnels over the past several years.  That is, unless you’ve sworn off social media.  Well, sales funnels are all the rage now.

And, you better get yours.  Otherwise, you and your organization might be like some of the few people who didn’t own a “pet rock” in the 70s.

Sales Funnel Lingo

Clicks.  Traffic.  Split-testing.  Continuity.  Front end.  Back end.  Demographics.  Landing pages.  List building.  Auto-responders.  Segmenting.  Ad copy.  Etc.  If ...

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12
MAR
0

Categories: Blog, Leadership, Marketing

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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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The Reverse Mortgage

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The Reverse Mortgage

The Reverse Mortgage

So, why is a business blog talking about a reverse mortgage?

When things are tough personally, it can affect your business.  And, vice versa.

So, if things are getting financially tough with you or your parents, we want to inform you about the possible benefits of an often-overlooked financial product: A reverse mortgage.

Today, there are some great reverse mortgage products.  When used properly, these products have a lot of benefits for homeowners and their families.

Before we show an example on ...

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8
AUG
0

Categories: Blog, Business Development, Business Growth, Problem solving

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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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6
APR
0

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

Tags: , , , , ,

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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4
MAR
0

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

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