The EntreLeadership Podcast
#128: Verne Harnish—What’s Holding Your Business Back?
Jan 4, 2016
Verne Harnish, best-selling author of "Scaling Up," and Aaron Walker, experienced businessman and longtime Ramsey associate, dive into what truly hinders business growth. They discuss the significance of cash flow versus profit and share effective time management strategies. Harnish introduces a powerful one-page strategic plan for aligning teams, while Walker emphasizes the importance of accountability through mastermind groups. Their discussions highlight the transformative role of community support and bold action in scaling businesses effectively.
44:05
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Quick takeaways
- Building a strong network by connecting with key influencers can open unexpected opportunities for growth and support in business.
- Effective branding involves owning a specific term in the consumer's mind, ensuring distinction and recognition in the market.
Deep dives
The Power of Networking
Developing a strong network is essential for entrepreneurs looking to scale their businesses. Vern Harnish emphasizes the importance of identifying key influencers and relationships that can support growth, suggesting that entrepreneurs should list the top 25 people who can help elevate their ventures. Regularly dedicating time to connect with these individuals can lead to unexpected opportunities, as evidenced by Harnish's own experience where he networked to secure significant publicity. By actively engaging with influential figures, entrepreneurs can accelerate their journey and gain valuable insights.
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