Business Lunch

The Art of the Deal: Disruptive Strategies for Business Growth

6 snips
Feb 9, 2024
This episode explores unconventional thinking and strategic agility for business growth, highlighting creative deal-making, innovative funding strategies, and leveraging constraints. Topics include uncovering value in opportunities, addressing growth bottlenecks, expertise in eliminating constraints, and the power of creative solutions. The chapter descriptions discuss good deals starting as average ones, drawbacks of perpetual royalty deals, strategic solutions for immediate and midterm problems, and the strategy behind acquiring successful businesses.
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INSIGHT

Deals Start as Mediocre

  • Most deals start as mediocre and require refinement to become great.
  • Good deals often look unappealing initially, resembling diamonds in the rough.
ADVICE

Identify Constraints

  • Always ask about the biggest constraint a company faces to identify bottlenecks.
  • Leverage the theory of constraints to pinpoint key limitations and potential solutions.
ADVICE

Creative Solutions for Funding

  • Explore creative solutions and leverage existing skills to address business challenges.
  • Consider selling existing products or services to new markets to solve funding problems.
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