When your future suddenly becomes uncertain, and the business plans you had for the year are suddenly thrown into disarray, then you’re faced with a choice. You can either hibernate and wait for the troubles to blow by, or you can look for the many opportunities out there.
Find out now if you’re building a high-value, exitable business (even if you have no immediate plans to sell it). You’ll get an instant PDF report with powerful insights specifically tailored to your business in just 4 minutes.
https://highvalueexit.scoreapp.com/
KEY TAKEAWAYS
- If we are feeling the need to take loans in order to see our businesses through, then we need to ensure we’re taking them for the right reasons. Are there underlying issues that will cause more cash-drain later?
- The businesses that are going to sail through this hardship will be the ones who innovate, pivot and most importantly, collaborate.
- Many businesses thrive on intentions, and plead honourable promises of philanthropy. But without solid foundations, structures, and the footing upon which to see these promises through, they eventually collapse and fail.
- Once you pinpoint the areas to work on in your business, Objective, Measurement, Evaluation and Nurture (OMEN) will be the pathway to helping you achieve it.
- Profit is more important than ever right now. Without profit, we do not have time to address immediate challenges.
- People need leadership more than ever. Your team needs a light to show the way, but so to do your clients. Communicate more frequently, and keep it concise.
BEST MOMENTS
’The arrogance was building, along with the ignorance’
’There ain’t no such thing as free money!’
’Sales are the oxygen for business’
‘We need to get in order to give’
‘Entrepreneurship is a force for good'
VALUABLE RESOURCES
https://mikemichalowicz.com/
Fix This Next by Mike Michalowicz - https://mikemichalowicz.com/fix-this-next-book/
Mike Michalowicz - https://mikemichalowicz.com
The Entrepreneurship Elevated Podcast - https://mikemichalowicz.com/podcast/
Mike Michalowicz Twitter - https://twitter.com/MikeMichalowicz
Mike Michalowicz Facebook - https://www.facebook.com/MikeMichalowiczFanPage/
Mike Michalowicz Instagram - https://www.instagram.com/mikemichalowicz/
ABOUT THE HOST
Nick Bradley is a renowned entrepreneur, investor, speaker, and business growth expert.
His background is growing and scaling Venture Capital and Private Equity backed businesses globally. Over the last decade, he has completed 117 acquisitions and 25 business exits with a combined valuation of over $5bn dollars.
His mission is to help business founders build valuable businesses and create life-changing exits so they can realise freedom, wealth, and impact.
CONTACT METHOD
Nick’s Facebook page: https://scaleup.vip/FB
Nick’s LinkedIn: https://scaleup.vip/LI
Nick's Instagram: https://scaleup.vip/IG
Scale Up Your Business, coaching/consulting: https://suyb.global
Support the show: https://highvalueexit.com/
