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How to Create a Successful Scalable Business. O PEN S OURCE M ANAGEMENT. 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 .
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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