80: Straight Up Advice for Those Making Strategic Decisions
Oct 22, 2024
Business growth often stalls due to overlooked constraints. A proven framework helps leaders identify and address their biggest obstacles. Real-world examples showcase transformations from struggling companies to success stories. The importance of focusing resources on a single strategic issue is emphasized, alongside practical strategies for prioritizing essential tasks. Learn how to improve cash flow and boost company value without burning out. Tune in for actionable insights that drive long-term success!
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question_answer ANECDOTE
Saving A Struggling Family Business
Steve recounts working with a husband-and-wife business that was near divorce and financially failing.
He analyzed finances, found poor throughput, weak pricing, and no strategy, then helped narrow priorities to recover.
insights INSIGHT
Less Is The True Multiplier
Giving a company too many priorities prevents progress and creates burnout.
Narrowing focus repeatedly enabled the owners to turn their business around.
volunteer_activism ADVICE
Focus On One Strategic Constraint
Identify the single constraint blocking your company's growth and call it your strategic problem.
Allocate disproportionate resources to solve that one constraint before moving to the next.
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Many business owners struggle to grow because they overlook the one key constraint that holds them back. In this episode, Steve Coughran shares a proven framework he’s used to turn around and grow multi-million and billion-dollar companies. Discover how to identify your business's biggest obstacle and focus your resources on solving it for exponential growth. Steve discusses real-world examples and offers practical, actionable steps to boost your company’s value, improve cash flow, and drive long-term success—without burning out. Tune in and learn how to pinpoint the constraint that’s limiting your potential.
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