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ACCELERATE YOUR GROWTH SEMINAR . “BUILD A BUSINESS NOT A JOB”. INTRODUCTION. How many of us here own a business? Sole proprietor, partnership, PBC, private limited company? Registered with the Registrar, Zimra, etc? How many of us have been in business for five (5) or more years?
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ACCELERATE YOUR GROWTH SEMINAR “BUILD A BUSINESS NOT A JOB”
INTRODUCTION • How many of us here own a business? • Sole proprietor, partnership, PBC, private limited company? • Registered with the Registrar, Zimra, etc? • How many of us have been in business for five (5) or more years? • How many of us are running their businesses on a full time basis? Part-time? FACILITATOR: GABRIEL CHIPARA (MANTIS AFRICA)
INTRODUCTION CONT’D • We are all here today. How many of us can afford to be away from work for three months and still find everything intact? • How many of you have a DOCUMENTED business system and a COMPETENT team? • Product, Legal, Systems, Communications, Cash Flow (Team, Leadership & Mission) – R. Kiyosaki FACILITATOR: GABRIEL CHIPARA (MANTIS AFRICA)
THE CASH FLOW QUADRANT (R. Kiyosaki) • Employee – job; slavery? • Self-Employed - one-man-band! self-job – worse slavery? • Business Owner – now you are in business!! Team & Business System. Product, Legal, Systems, Communications, Cash Flow (Team, Leadership & Mission) – R. Kiyosaki FACILITATOR: GABRIEL CHIPARA (MANTIS AFRICA)
THE CASH FLOW QUADRANT (R. Kiyosaki) • Investor – Passive income (real estate, stock market, money market, royalties, etc FACILITATOR: GABRIEL CHIPARA (MANTIS AFRICA)
QUICK POINTS ON ‘SYSTEMS’ • Reliable processes & procedures that empower your business to consistently produce an excellent result for your clients • Documented best practices that boost your company’s efficiency and reduce costly mistakes – checklists, forms, standardised contracts, technology, etc FACILITATOR: GABRIEL CHIPARA (MANTIS AFRICA)
THE THREE LEVELS OF BUSINESS • Level ONE: one-man-band; working from home; the boss does EVERYTHING; 100hour ‘working’ week & no off-days; etc. • Level TWO – largely a one-man-band; no real team to talk about; customers/clients; generating some sales, here & there; • Level THREE – business systems & financial & operating controls AND a team FACILITATOR: GABRIEL CHIPARA (MANTIS AFRICA)
GROWTH & THE THREE LEVELS • TEAM: Together Everyone Achieves More • Having a TEAM in itself forms part of creating a BUSINESS SYSTEM based entity! The best way to build a L3 business is to have great team members who consistently perform for you company • In a Level 1 ‘business’: nothing happens when the ‘boss’ is away (assuming s/he has employees) FACILITATOR: GABRIEL CHIPARA (MANTIS AFRICA)
GROWTH & THE THREE LEVELS • Level 2 business: a bit better than Level 1 in most respects – one or two ‘employees’ but they still can’t do what the boss knows & does; working fewer hours; still no real distinction between personal and business bank account or budget; an unqualified & inexperienced spouse is still involved in the business; FACILITATOR: GABRIEL CHIPARA (MANTIS AFRICA)
GROWTH & THE THREE LEVELS • Business growth can best be accelerated when you become a Level 3 business! • Systems are in place & working as they should • Repeat business – clients satisfied with initial order/request and the quality of service • More (knowledgeable & talented) people = TEAM can now synergise to maximise revenue growth • Work gets done and results produced in the business owner’s absence, i.e. – your business will have eventually replaced you from it’s day-to-day operations! FACILITATOR: GABRIEL CHIPARA (MANTIS AFRICA)
THE CRITICAL BUILDING BLOCKS – L3 • The Business Owner’s Mindset – need to get out of the employee mentality & get into the entrepreneur mode! (Mental Shift) • Systems – as above • Team - above • Intelligent Business Controls (slide) • Scalable Solutions – match your business model & systems to transaction volume FACILITATOR: GABRIEL CHIPARA (MANTIS AFRICA)
INTELLIGENT BUSINESS CONTROLS • IBC’s – intelligent processes, procedures, and safeguards that PROTECT your business from uninformed/inappropriate decisions/actions by any team member. • IBC’s are also your business’s way of ensuring critical work is getting done on time and the right way • Checklists/Visual Process Controls; Scorecards/Metrics & ‘Embedded Controls’ FACILITATOR: GABRIEL CHIPARA (MANTIS AFRICA)
Q & A • Contacts: Gabriel Chipara Email: gabs@mweb.co.zw Skype: gabsl.chipara Facebook: Gabriel Chipara LinkedIn: Gabriel A T Chipara Mobile: 0773255711 (text) (in that order, please) FACILITATOR: GABRIEL CHIPARA (MANTIS AFRICA)