making the leap taking your company to the next level business mentors

Making the LeapTaking Your Company to the Next Level

Business Mentors

Goals Take a new look at your business Provide a vision for the future Define the tips for success Understand foundation building Provide an expectation for the change process Get the ball rolling Tips and tools to improve chances of success

and manage the process

Business Mentors Expectations Listen Intently and Actively Create Action Plan notes Make friendships and form accountability teams Implementation is hard when schedule is already full

Use workshop time wisely - next week is too late

Ask Questions and get clarification

Introductions In order of appearance

Me Ken Tucker Phil Rosebrook, Sr David Rosebrook

Workshop Format Presentations for vision and provoke thought

Brainstorming and idea sessions

Accountability and follow up Action Plan and Execution

Times Are a Changin’

Competition Consolidation Pricing pressures Expectations

Companies Clients

“A competitive world has two possibilities for you. You can lose. Or, if you want to win, you can change.”

Lester C. Thurow Educator

Discussion Your expectations from today

Next Up Putting in perspective and definitions of success…

Taking Your Business to the Next Level - Overview and getting Started

Phillip Rosebrook, JR Certified Restorer

Why Are We Here? Business Owners Responsibilities

You Family Employees Employees families

Only work 1/2 days - Which 12 Hrs? How are you going to spend your time

More…People of Character do the right thing not because they think it

will change the world, but because they refuse to be changed by the world

Michael Josephson

Pursuit of Excellence What mark are you making? Are you running in place? What is the difference between you and those that “made it” in this industry?

What does it take?

Opportunity Attitude Aptitude Great Staff Vision Market opportunities

Cash

Reality“Opportunity is frequently over looked because it is typically

dressed in overalls and looks like hard work” Strong leadership Desire to succeed Commitment to excellence Clear vision Focus Reinforcement and recognition Proactive measurements and information

The Opposite of Success Top line revenue Profits at the expense of cash flow

Profits without quality life Being tied to your business with little free time

Reactive business

Success Defined Working on your business Being in control of your time Doing what you want when you want Cash freedom Living within your means Proactive business that works synergistically to achieve goals

Empower your staff and upward mobility

Your Business A tool to fulfill your life’s ambitions

Livelihood for your family Livelihood for employees family

A service to your community

How Big Do You Want to Be? Why?

Retirement - what does it take Do you want to work again? General financial freedom What will you do?

Income Relevance Pride or the challenge

Are You Ready? You are discontent with current situation

You have a strong staff You are willing to invest financially and with time

You have market opportunities

Your Options Grow

Necessity Fits your opportunity, staff and expectations

Stay the same Desire Goals Fits your opportunity, staff and expectations

Get out and work for someone else

Resources Cash Staff Facilities Contacts A plan

If You Are Not Ready Create an action plan to get where you want

Get out Sell Joint venture Close it down and take a job

Really? What is the cost of your business and what is the price?

What is your value in the market?

Take a critical look and be honest

Where To Start?“Begin with the end in mind”

Thomas Watson - IBM

Create a saleable business Network and gain a vision of what it can be

Write down in great detail what your company will be Identify your team

Create and action plan and start to implement - EXECUTION!

Build on quality, service, excellence and value

Business Mentors StrategyThe principle is simple:  (1) create a dream that is so big that it will keep you excited,

(2) define the dream in minute detail, (3) live in the dream so that it becomes real to you on the inside, (4) and then hold on to it so tightly that no one can take it away from you. 

James Allen

Partnership Issues, leadership and responsibilities

Where are you going? Build it on paper first Measurements and information Positions and responsibilities People on the bus

Define vision Create strategy

First Step Who is going to run your company?

Honest personal assessment Review your staff Look outside Know your personal strengths and weaknesses

Characteristics of an Effective Leader

"America is too great for small dreams." Ronald Reagan

Positive Proactive Good planner Able to see the big picture Good communicator Leadership traits

Partnership Issues Clear Job descriptions and responsibilities

Exit plan - contractually Positions based on abilities - Focus on “fit”

Titles are important Compensation based on position Goal alignment

What to Expect Change is dynamic - things happen

Make take several years - focus on the big picture

Go as far as you can see… Cost will be high but… Some staff may not make it Maintain focus

Summary Decide what you will do Create a plan for your company Assemble your staff Communicate your plan Create a strategy Obtain resources Assess your plan