Nothing Happens in One Day
Exit Mindset
Goals are necessary, but that's half the battle. You must use the right metrics, and utilize two unlikely traits — patience and annoyance — to your advantage.
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Just Getting Started? How to Apply the Exit Mindset to Your New Business
Exit Mindset
Just because you do not currently own your own business doesn’t mean that the Exit Mindset does not apply to you. The idea of nurturing an Exit Mindset and treating your businesses as if there is a buyer around the next corner is one that can be valuable no matter the circumstances. Whether you are looking to sell, are a satisfied owner or are an aspiring entrepreneur, it’s important to keep your mind open to the possibilities of growth.
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Don't Confuse Hard Work with Productivity
Exit Mindset
This episode explains how, as a business owner, you should be making sure that your employees aren’t just working hard, but that they’re actually being productive. So that ultimately, they will be more efficient with your company’s time and resources.
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Pivoting Your Business
Exit Mindset
This episode explains how you can dive deeper into your company TODAY! If you wait for the right time, it will never be the right time. Now is the time to ‘pivot’ when you want your team to start achieving at a higher level of results.
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What Is Your Niche?
Exit Mindset
This episode explains why the primary issue for a lot of business owners is targeting the correct consumer, and how finding their company’s niche will ultimately help them stand out.
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Installing a New Perspective
Exit Mindset
This episode explains how you can set your employees up for success and ultimately your business, too. By helping them focus on their core job tasks and installing a new perspective for your company, you will see a change for the better.
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Harnessing the Right Resources to Achieve Your Goals
Exit Mindset
This episode explains how to accomplish long-term objectives, increase the profitability of your company, and enjoy more free time as a business owner, through harnessing the right resources to get to your goals.
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What Makes A Great Team
Exit Mindset
This episode explains what you can do as a business owner to reassess your company’s infrastructure, in order to improve your team’s overall performance.
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Positioning Your Business in an Unpredictable Economy
Exit Mindset
This episode explains what the federal budget deficit is, and how the success of the economy may influence the future revenue of your business.
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Understanding the Totality of Your Business
Exit Mindset
The Exit Mindset is brought to you by Rem Oculee, founder of Confidence Wealth, with assistance from Amber Giannone. All rights reserved.
info_outlineKey Links
- Sign-up for your FREE COPY of Exit Mindset (Releasing early 2021!)
- http://exitmindset.com/
- Send your questions to [email protected]
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Don't Confuse Hard Work with Productivity
- If you have already established a hardworking team, but aren’t seeing the results you had hoped for, there may still be some minor adjustments that you can make.
- There is a common misconception in business that when an employee is working hard, they are getting the job done efficiently and doing quality work.
- Sometimes, all it can take to improve the productivity of your team is a bit of guidance from the managerial staff.
Establishing Layers
- It can be easy to confuse loyalty and the willingness to work, with efficiency. It’s a mistake that is made by business owners across the country each and every day!
- As a business owner and people-manager, it is your duty to help your staff improve their efficiency and gain a view of the bigger picture.
- The first step in this process will be to institute a master objective, so that you can get the entire team working on tasks that align with a single long-term goal.
- As the business owner, it is your job to communicate the bigger picture in a way that is actionable and easy to understand.
Relating Back to the Exit Mindset
- The Exit Mindset is predicated on the notion that thinking from the mindset of a potential buyer for your company will help you understand your businesses flaws, and competitive advantages.
- While it is true that employee efficiency falls under the infrastructure category, the characteristics and efficiency of your teams can affect your conversations, and of course your product as well.
- It can be crucial to ask yourself critical questions such as, “Is a potential buyer of the company looking for a hardworking loyal team or would they prefer a team that is intensely focused and achievement oriented?”
- Maintaining a hardworking and loyal team can provide a monetary value when a potential buyer is evaluating your business, and first meeting your employees.
- In order for any company to succeed and grow, you will need good employees from the very top, all the way down to the employee who is making a sale or having a direct customer interaction.
Conclusion
- At the end of the day, the goal should be scaling your business to achieve the maximum amount of revenue and profits as possible.
- It’s important to remember, when a company is set up correctly, and an ideal buyer shows up, only the ownership will change, not the management!
- Because of this fact, your employees and your team’s efficiency can provide unbelievable monetary value and contribute to your company’s valuation.
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- The Exit Mindset is brought to you by Rem Oculee, founder of Confidence Wealth. All rights reserved.
- For more information, please visit ExitMindset.com.