"…insights for scaleups"
|In the past, employees waited to hear from the boss; now, they listen to the customer.|
|Zhang Ruimin, CEO Haier|
National Small Business Week — OK, I don't like the "small" designation, but under 500 employees is considered small. To raise awareness, TSheets by Quickbooks commissioned a survey about the sacrifices business owners make, which found:
And the one stat that spoke loudest to me – 52% of biz owners felt they could make more money working elsewhere!! It confirms that entrepreneurs cherish their independence over money. If you'd like here's a link to the raw data.
Eliminates All Middle Managers — China-based Haier, the world's largest white goods manufacturer, has eliminated all 10,000 middle managers and reorganized into 4000 tiny business units (Team of Teams!) where the workers are self-employed and have equity. This Corporate Rebels blog details what they call "The World's Most Pioneering Company of Our Times." Reading through the article I agree!! Notes the Corporate Rebels:
The blog details perfectly the evolutions and revolutions a company must make to transform from a failed refrigerator manufacturer to a global powerful – well worth the 3 minutes to read. Thank you Elaine Pofeldt, author of The Million Dollar One Person Business, for pointing me to this blog post.
More Press-ups Than Dave — Hugh Smallridge with Bristol, UK-based Ashwood (gifts, toys, promotional products) had every member of his sales team write personal, meaningful goals and refer to and measure their progress regularly. Notes Smallridge:
This is precisely what Ivy Lee taught the industrialists, like John D. Rockefeller, to do on a daily basis. Here's Hugh's list:
Intravenous Vitamin C Versus Cancer and Other Killers — Whole Foods magazine interviewed Riordan Clinic's Chief Medical Officer Dr. Ron Hunninghake about the breakthroughs with IV Vitamin C (I still get 50 grams each month). The article references Riordan Clinic board member Dr. Thomas Levy's book Vitamin C, Infectious Disease, and Toxins which underpins the importance of administering the correct dosage – it matters. Please take 3 minutes to scan down through the interview and then fight chronic diseases the natural way.
Sister Sharon Wins Startup Weekend — (source of pride #1) competing against 27 startups, my sister Sharon James, along with her son Kyle, won with her new "MySignatureDish" platform. One investor says the platform will be bigger than Airbnb and will transform the food experience industry!
Scaling Up #1 Business Book — (source of pride #2 and Gazelles case study) Bruce Clay, Bruce Clay Inc., was responsible for my book being listed as #1 of the "one business book CEOs should read." Notes Clay's Los Angeles area based Gazelles coach Jonathan Goldhill:
Take 1 minute to glance down through the list and see how many of the 15 books you've read.
Need More Copies of Scaling Up (Rockefeller Habits 2.0)? — Amazon continues to premium price the hardcover book. If you need a box of 20, the books (paperback) are less than $10/each.
CEO-BOOTCAMP: Spend 3.5 days with Verne, serial entrepreneur John Ratliff, and 9 other CEOs in a beautiful retreat setting, addressing the constraints holding back you, your business, and your industry. May 29 – June 1; October 2 – 5; and January 15 – 18, 2019
EXITING: Thinking about selling the business for $40 million or more? Want to get 25% to 200% more than you thought? Request the whitepaper from the Exit Strategies Summit at Harvard from Denise Richmond at (610) 299-6466 or email at [email protected]
Have you ever wondered if working with a coach might accelerate your company's growth, exponentially? Do you have what it takes to move the dial from good to great? Contact us at [email protected] for more information or visit https://scalingup.com/coaches.html.
Create Accountability – Drive Execution
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Better Book Club — What's your team reading? Increase your books read per team member. Easy, Proven, and in the Cloud at http://www.BetterBookClub.com.