Dan raises the question: if you only had to implement one simple framework to improve your business, what would it be? In other words, what’s your minimum effective dose of operational practices? Sometimes–most of the time–one simple change can make a huge difference.
Today’s guest represents this line of thinking to a T. Lydia Machova talks about the ROI of spending a month implementing one simple idea, developing an integrator/visionary relationship, and the minimum effective dose of operational practices that improved her business.
Lastly, Dan & Lydia talk about how founders often confuse assistance with delegation and how Lydia built an operating system that empowers her team to take ownership, solve problems, and send fewer Slack messages.
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DC Black
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@AnythingIan
Show Notes:
(00:00:00) Intro
(00:02:02) Systems are too complicated
(00:04:23) Scorecards, scorecards, scorecards
(00:07:20) Delegation vs assistance
(00:08:32) DCBKK updates
(00:13:42) Becoming an entrepreneur
(00:21:48) Perfect integrator
(00:27:07) ROI of process
(00:37:25) Meeting tempos
(00:39:09) Accountability chart
(00:42:46) The issues list
(00:48:05) Get out from under
Links:
Past guests on TMBA include Cal Newport, David Heinemeier Hannson, Seth Godin, Ricardo Semler, Noah Kagan, Rob Walling, Jay Clouse, Einar Vollset, Sam Dogan, Gino Wickam, James Clear, Jodie Cook, Mark Webster, Steph Smith, Taylor Pearson, Tommy Griffith, Justin Tan, Matt Gartland, Travis Jamison, Ayman Al-Abdullah, Tynan
Additional episodes you might enjoy:
TMBA 688: Mailbag: What Can Scorecards Do For You? And Equity Split Dilemmas
TMBA 695: The Money Theory of Location And Why Employee Scorecards Are So Helpful
TMBA 707: Deceptively simple ways to have a better business
TMBA 702: Millions for Podcasts and Jay Clouse on Memberships
TMBA 689: Re-visiting Our Conversation with Seth Godin
Tropical MBA: Entrepreneurship & Founder Lifestyle