Nick shares his insights and strategies for goal-setting and business planning, focusing on the importance of clarity, simplicity, and execution in achieving business success.
Nick takes you through a step-by-step process, starting with creating a vivid vision for the business and setting goals aligned with that vision. He then breaks down the goals into operational drivers and strategic initiatives, and further refines them into projects and actionable tasks.
KEY TAKEAWAYS
- Setting clear goals and creating a strategic plan is crucial for business success.
- The one-page business plan framework consists of four quadrants: vision, goals, projects, and actions.
- The vision should articulate the desired future state of the business in clear detail.
- Goals should be specific, measurable, achievable, relevant, and time-bound (SMART).
- Projects and actions should be aligned with the goals and vision, and executed within a specific timeframe.
BEST MOMENTS
"I'm a big believer that complexity fails and simplicity scales."
"The best time to start exit planning is the day you start your business."
"If you're focusing too much on profit, then you get yourself into a situation where if you're not selling anything, you ain't got any profit anyway."
"Culture drives everything, but it's one of those things that you have to build over time."
"Sometimes there's a lack of alignment, so you can create this work independently, but your key people in your business aren't involved, so they feel like they're detached."
VALUABLE RESOURCES
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.
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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.
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