Tropical MBA: Entrepreneurship & Founder Lifestyle

#782 Building ‘Brick by Brick’: Goals, Plans, Scorecards, Cadence

11 snips
Nov 21, 2024
Feeling stuck in idea mode? Discover a transformative 4-step framework that can help drive your revenue to the next million. Dive into how to set financially grounded goals and create measured plans, ensuring your business objectives are clear and actionable. Learn the importance of scorecards for tracking progress and maintaining an intentional cadence that keeps your team aligned. This insightful conversation is the key to scaling effectively and achieving your 2025 ambitions.
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ANECDOTE

Brick by Brick Inspiration

  • Dan was inspired by a $60 million business owner's 'brick by brick' approach.
  • This involves consistently implementing processes from the book 'Scaling Up'.
ADVICE

Financially Grounded Goals

  • Establish financially grounded goals based on solid bookkeeping and projections.
  • Refine your financial assumptions monthly for greater accuracy.
ADVICE

Measured Plans

  • Implement measured plans, starting with a simple scoreboard tracking key metrics.
  • Use color-coding (green, yellow, red) to indicate progress towards goals.
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