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Follow Rajan as he builds his business from scratch, making right promises to customers and walking the extra mile. However, as the business grows, Rajan faces challenges and learns valuable lessons from his mentor Manu. Discover how Rajan overcomes obstacles and achieves success in this inspiring tale by Chandrashekhar Anant Bhat, founder of Bhat Business Consulting.
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Go Fly High Chandrashekhar Bhat Founder-Bhat Business Consulting & Author
Story of Rajan & his mentor Manu Chandrashekhar Anant Bhat - BHAT BUSINESS CONSULTING
Rajan Builds his business from scratch He is Intelligent Finds the right gap Makes Right Promises to Right Customers He walks the extra mile HE was in CONTROL Chandrashekhar Anant Bhat - BHAT BUSINESS CONSULTING
Rajan’s business starts growing Chandrashekhar Anant Bhat - BHAT BUSINESS CONSULTING
As business grew – more employees recruited Dealing Directly with Customer become impossible : Disconnected with Customers Unfulfilled promises Resulting in unsatisfied customers Rajan becomes problem solver Chandrashekhar Anant Bhat - BHAT BUSINESS CONSULTING
The more his business grew, the more he got busy in managing it “Rajan was Stuck” Chandrashekhar Anant Bhat - BHAT BUSINESS CONSULTING
Market Alignment Market Misalignment He becomes problem solver This needs to be corrected Manu’s Mantra 1 - Realign Market Chandrashekhar Anant Bhat - BHAT BUSINESS CONSULTING
Manu asks“Rajan, Are you a businessman or Self Employed Person?” Chandrashekhar Anant Bhat - BHAT BUSINESS CONSULTING
Manu explains: What are you investing in your business - your time, your money … or both? Can you afford to exit the business? Do you think you have grown with the business? Chandrashekhar Anant Bhat - BHAT BUSINESS CONSULTING
When you have people working for you, why are you so busy and under stress? Chandrashekhar Anant Bhat - BHAT BUSINESS CONSULTING
Suddenly Rajan experiences incompetence in his team Acquire new skills or recruit people Delegate activities that require specialize knowledge, analytical judgment Keep instinctive judgments with you Decisions – How to make? Who will make? Manu’s Mantra 2 – Build Management Chandrashekhar Anant Bhat - BHAT BUSINESS CONSULTING
Sales increase = Profit increase Sales increase Profit increase Chandrashekhar Anant Bhat - BHAT BUSINESS CONSULTING
4 types of Costs Productive Supportive Policing Waste Chandrashekhar Anant Bhat - BHAT BUSINESS CONSULTING
“Profit is not only surplus over expenses, but also investment for future growth” Scale requires INVESTMENT before REVENUE Understand where is the profit zone Manu’s Mantra 3 - Understand Model Chandrashekhar Anant Bhat - BHAT BUSINESS CONSULTING
When we plan, we underestimate our money requirement Chandrashekhar Anant Bhat - BHAT BUSINESS CONSULTING
LPG Liquidity – Profitability – Growth Deficiency of “Vitamin M” diverts your attention What fuel you require to sail smoothly? Manu’s Mantra 4 – Raise adequate Money Chandrashekhar Anant Bhat - BHAT BUSINESS CONSULTING
Create Common Goal by setting the right direction & Secure Buy in Chandrashekhar Anant Bhat - BHAT BUSINESS CONSULTING
Set the Rules and Roles Chandrashekhar Anant Bhat - BHAT BUSINESS CONSULTING Sandesh Mestry - Director MBMC Consulting Ltd
Break the comfort zone Build belief that “we can do it!” Manu’s Mantra 5 - Create Momentum Chandrashekhar Anant Bhat - BHAT BUSINESS CONSULTING
Work On the Business Not In the Business! Thank You Bhat Business ConsultingHelping family Businesses grow Professionally Mobile No: +91 9820627251 http://www.bhatbusinessconsulting.com Chandrashekhar Anant Bhat - BHAT BUSINESS CONSULTING