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How to Create a Successful Scalable Business

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Presentation on theme: "How to Create a Successful Scalable Business"— Presentation transcript:

1 How to Create a Successful Scalable Business
OPEN SOURCE MANAGEMENT How to Create a Successful Scalable Business 1

2 THE COMPANY MIRRORS THE OWNER
1) To grow as a company you need to have a program to improve yourself If you want things to change, you have to change first

3  Owner   Situation of the Company

4 Slides www. paoloruggeri
Slides Growth Acceleration Training 20th and 21st January 2019, UAE

5 Wealth

6 Passive (Automatic) Income
Royalties (books, franchises, licenses) Bond coupons Pensions Rental income (apartments or companies) Interests Company Profits (Dividends)

7 Passive Income > Life Style

8 SOMETIMES THINGS ARE NOT AS THEY APPEAR

9

10 Are the colors of Square A and Square B the same???

11

12 MANY OF THE PRACTICE AND ATTITUDES THAT BRING ABOUT PROSPERITY ARE COUNTER – INTUITIVE, THAT IS TO SAY APPARENTLY GOING AGAINST LOGIC

13 OPEN SOURCE MANAGEMENT
FIVE STRATEGIES 13

14 1) Generate Value

15 Comfort Zone Uncomfortable = = Consuming value Creating value

16 Take up a challenge Take a scary (or tough) decision

17 Find the killer!

18

19 If you are not really set in pursuing a goal, your brain will not show you all the opportunities that exist to make real progress

20 2) GOALS When we don’t have clear (written) goals in life, it is life controlling us and not vice versa.

21 Two environments: MENTAL  MATERIAL

22 Two friends open a new company…

23 «We want to build a great company together that will attract other people with similar values and standards. «We will design, manufacture and sell products in the electrical engineering fields. «The question of what to manufacture has been postponed.» Bill Hewlett, Dave Packard, Founding minutes of HP, August 23, 1937

24 3) FIRST WHO then WHAT

25 Those who build great companies understand that the ultimate accelerator of growth is not market or technology or products . It is the ability to get and keep enough of the right people The «right people» want to be part of something great

26 Practical Actions A) The business owner should be an hunter of great people rather than the creator of great strategies B) When you know you need to make a people change, act Would you hire him again? Would you feel relieved if he left?

27

28 The Demotivating Person
Behind business failures Broken Families Life becomes really hard

29 ARE YOU “BETTING” ON THE RIGHT PEOPLE?

30 5 characteristics of people that should work with you

31

32

33 The Cost of Non Quality

34 4) MANAGE TIME

35 URGENT VS. IMPORTANT What is that activity that when done regularly for the next months (years) would make a huge difference for your company?

36 Parkinson’s Law «The amount of time we have available to complete a task … …will be the amount of time needed to complete it».

37

38 5) STUDY (IMPROVE YOURSELF)

39 THE COMPANY MIRRORS THE OWNER
1) To grow as a company you need to have a program to improve yourself If you want things to change, you have to change first

40  Owner   Situation of the Company

41 Slides www. paoloruggeri
Slides Growth Acceleration Training 20th and 21st January 2019, UAE

42 “Millionaires have a system and the know-how to restore their enthusiam and energy when they lose it.” – Thomas Stanley

43 MOST IMPORTANT COMMODITY. IT DOESN’T COME FOR FREE


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