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Learn the essential strategies for creating a successful and scalable business by implementing open source management practices. Discover how to generate value, set clear goals, hire the right people, manage time effectively, and continuously improve yourself. Unlock the potential for growth and prosperity within your company with practical insights and actionable steps. Attend the Growth Acceleration Training on January 20th and 21st, 2019 in UAE for a transformative experience.
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How to Create a Successful Scalable Business OPEN SOURCE MANAGEMENT www.osminternational.com
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
Owner Situation of the Company
Slides www.paoloruggeri.netGrowth Acceleration Training20th and 21st January 2019, UAE
Passive (Automatic) Income • Royalties (books, franchises, licenses) • Bond coupons • Pensions • Rental income (apartments or companies) • Interests • Company Profits (Dividends)
MANY OF THE PRACTICE AND ATTITUDES THAT BRING ABOUT PROSPERITY ARE COUNTER – INTUITIVE, THAT IS TO SAY APPARENTLY GOING AGAINST LOGIC
FIVE STRATEGIES OPEN SOURCE MANAGEMENT www.osminternational.com
Comfort Zone Uncomfortable = = ConsumingvalueCreatingvalue
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
2) GOALS • When we don’t have clear (written) goals in life, it is life controlling us and not vice versa.
«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
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
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?
The Demotivating Person • Behind business failures • Broken Families • Life becomes really hard
URGENT VS. IMPORTANT • What is that activity that when done regularly for the next months (years) would make a huge difference for your company?
Parkinson’s Law • «The amount of time we have available to complete a task … • …will be the amount of time needed to complete it».
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
Owner Situation of the Company
Slides www.paoloruggeri.netGrowth Acceleration Training20th and 21st January 2019, UAE
“Millionaires have asystem and the know-how to restore their enthusiam and energy when they lose it.” – Thomas Stanley