CarlGould-#70secondCEO-Carl's Mile High Problem Solving Advice-Part 2
Release Date: 12/24/2019
Carl Gould #70secondCEO
Licensing, franchising, affiliate programs, joint ventures… Here’s what comes after Stage 5. Hi everyone, Carl Gould here with your #70secondCEO. Just a little over a one minute investment every day for a lifetime of results. Strategic end of building your business. Now is the time to look into licensing, franchising, expansion, affiliate programs, joint ventures, other types of networking. If you have a product, create a sequel, now's the time. Stage five is the foundation and will lead you into stage six and seven in a way where the business is running itself. You know, you're in...
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Do you have your finger on the pulse of the industry standard? Hi everyone, Carl Gould here with your #70secondCEO. Just a little over a one minute investment every day for a lifetime of results. So now that your systems are working in the business, how do you work on the business? Here are your power tools. Now is the time to revisit all of your benchmarking. How are you compared to the industry standard? How are you compared to your standard of becoming tops in your field, you're now about to expand. So you want to make sure that you're following very closely and have...
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Think you won’t have blindspots by Stage 5? Think again! Hi everyone, Carl Gould here with your #70secondCEO. Just a little over a one minute investment every day for a lifetime of results. Now, what are some blind spots for stage five? And it's a bit of a paradox, because there really should be no blind spots at stage five. So let me discuss a bit of why franchises fail, whether you bought one or you built it to this point, the number one reason why franchises fail is the owners deviate from the system. They don't follow through in the system. They refuse to let go of...
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Want to expand and duplicate your business? #70secondCEO Hi everyone, Carl Gould here with your #70secondCEO. Just a little over a one minute investment every day for a lifetime of results. Your outcome here in stage five is strategic expansion. How am I going to build this business? How am I going to expand it? How am I going to grow it? How am I going to duplicate it, or as part of your expansion plan here, you might be considering your exit. So one of the tools will be–that we'll talk about later is an exit strategy and making sure you have one in place for at least you are...
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You’re in Stage 5 when your customers can expect a consistent experience. Hi everyone, Carl Gould here with your #70secondCEO. Just a little over a one minute investment every day for a lifetime of results. The personality for stage five, your disk for stage five, is that you are incredibly strong in the area of systems and you have high quality, very high quality, so the business can now outlive the owner. The business has cut the umbilical cord from the owner, it spread its wings, it can fly on its own sales begin to grow exponentially here, because you're getting a lot of reward...
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When does a business become sustainable? When it can outlast the owner! Hi everyone, Carl Gould here with your #70secondCEO. Just a little over a one minute investment every day for a lifetime of results. Stage five, the sustainability stage. In stage five, you are sustainable because your systems are running the business, your business can now outlast the owner. A Star Is Born, your systems become the rockstars, the business has actually cut the umbilical cord from the owner, your business has now developed its own personality, and it is more than likely different than yours. The...
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Want better results with little or no additional resources? #70secondCEO Hi everyone, Carl Gould here with your #70secondCEO. Just a little over a one minute investment every day for a lifetime of results. Now let's move into the later part of the stage. We want to improve our quality. You're getting into the part of the stage just like teaching your child to walk or to ride a bicycle. They've been doing it pretty well so far. You don't need to stand right behind them. You're in the same room of course keeping an eye on them, but you don't have to walk right behind them and...
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Achieve intelligent, incremental improvements in every area of your business. Hi everyone, Carl Gould here with your #70secondCEO. Just a little over a one minute investment every day for a lifetime of results. This will be an uncomfortable stage systems are what you probably avoided in your last job or your last enterprise and this is what you need to embrace right now. 1% improvement or what we call intelligent, incremental improvements to quality make it 1% better in all areas judged by results, I promise you it will be uncomfortable at times. If you're getting your result do...
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Stage 4 is when you start to reap the rewards! Hi everyone, Carl Gould here with your #70secondCEO. Just a little over a one minute investment every day for a lifetime of results. Certainty sets the foundation for a significant experience for your employees and their customers give them both the certainty and a significant experience, they can create a connection that was not possible early. Stage four is when you really start to reap the rewards of your early effort, part of our focus and what will lead us into our power tools for stage four is measuring and monitoring all of those...
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Predictability breeds certainty. Certainty attracts clients. Discover the benefits of consistency. Hi everyone, Carl Gould here with your #70secondCEO. Just a little over a one minute investment every day for a lifetime of results. So the bookkeeper's job has to develop its own personality and that means consistency predictability, not you coming in the office early one day to write the checks as fast as you can, and then coming home late that night and trying to staple the receipts as fast as you can, because you have to get out to your son's ballgame or date night with your wife, or...
info_outlineAre you 'dumping out your purse?' You better make sure. Listen today and everyday to Carl Gould, your #70secondCEO.
Read full transcript:
Hi Everyone, Carl Gould here your #70secondCEO, just over a minute of investment per day for a lifetime of results.
Well I’m sure you’ve heard the 80:20 principle right? 80% of your results come from 20% of either your top people or your top processes or your top actions. Well in the whole solution problem scenario, it’s 90:10, meaning you spend 90% working the solution and only 10% on the problem. Right, problems are addicting, right? There’s a lot of drama there's a lot of adrenaline that comes with them, we feel important because we have big problems and if we’re not getting significance from our solutions we start getting significance from our problems, right? Don’t you know someone like that? No matter what you ask them their problem has to be bigger than yours, they have to have drama in their life, they can never seem to have things just run very smoothly, right? So, you don’t want to be one of those people, where you’ve run out of ways to be significant with your solutions, ok. Because otherwise the only other way to get significance is through your problems. We don’t want that, we want to take 10% of the time, identify the problem, ok.
I call it dumping out your purse. Take the entire problem, dump out your purse. Put everything out on the table, but do it once, any more than that you are just indulging in the problem. So get it out, get the entire issue all of the aspects of it out on the table then spend 90% of your time focused on the solution and how you make it better.
Like and follow this podcast so you can learn more, my name is Carl Gould and this has been your #70secondCEO.