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Open Source Management: Sustainable Strategy for Wealth Creation

Learn how to build a flourishing company and generate sustainable passive income in the mobile economy. Explore innovative tactics, embrace marketing strategies, and understand the importance of people and management.

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Open Source Management: Sustainable Strategy for Wealth Creation

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  1. The New Leaders OPEN SOURCE MANAGEMENT www.osmconsultgroup.com

  2. 19% CONTROLS 85% WEALTH

  3. Slides www.paoloruggeri.nethttp://osmconsultgroup.com/free-resources/

  4. A) SUSTAINABLE STRATEGY OPEN SOURCE MANAGEMENT www.osmconsultgroup.com

  5. Who am I? • Technician? • Manager? • Entrepreneur?

  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. RICH STRATEGY • 1) Improve your exchange value • 2) Control and measure money • (3) Build a company that will pay you a dividend) • 4) Spend less than what you make. (Save to build a capital) • 5) Invest the capital to build passive income

  9. A company generates only the money it thinks it may need

  10. GENERATE VALUE TODAY OPEN SOURCE MANAGEMENT www.opensourcemanagement.it

  11. Mobile economy

  12. The first light a teenager sees in the morning is that of his smartphone

  13. «Software is eating the world!» - Marc Andressen

  14. Transparent companies

  15. Virtual reality today is more REAL than physical realityWhen a customer finally decides to inquire with a company, normally he is already through 50% of the entire sales process

  16. Virtual Coin Explosion

  17. ICO: A crowdfunding system to finance one’s company (tokenization)

  18. B) BUILD A FLOURISHING COMPANY OPEN SOURCE MANAGEMENT www.osmconsultgroup.com

  19. European Millionaires + 52,4%

  20. CASH ON HAND OSM

  21. 1) International scope/Innovation/Software

  22. Comfort Zone Uncomfortable = = ConsumingvalueCreatingvalue

  23. FEARVSCOURAGE

  24. Accept a challengeTake a scary (or tough) decision

  25. 2) Harmonic company, whatever it may take: do we have the same values??? Do you know what you want in the first place?

  26. Arguments and misunderstandings

  27. 3) Good People/Good Managers • A) People enthusiastic and with the right attitude • B) «We grow because we improve our salespeople as human beings and not as salespeople» • C) Growth plan: show me the future long term inside the company

  28. 4) Strict Management • A) Measure finance • B) Measure numbers and performance • If sales are down, YOU are the one who has to get his act together !!!! • C) Write and coordinate programs

  29. PROGRAMS A number of steps that done in a sequence help you execute a strategy

  30. 5) EMBRACEMARKETING

  31. € £ ¥ $ ???

  32. Last vendors I did not buy from - I called and sent a message and they did not get back to me- I explained a project to a vendor, he seemed cold and then for a week he did not get back to me. I got back to him and told him to abort the project - I was about to outsource 34.000 Pounds worth of recruiting to another company but they cancelled two appointments in a row.

  33. Companies fail because of people

  34. The World is based on 2

  35. people 60% of people 80% of results 80% of problems 20% of people 20% of people productivity Average Trouble Makers Top Performers

  36. 70% of best hires come from personal contact or social networks

  37. TACTICS • 1) Are you on Social NWs? • Facebook (1000 friends) • Linkedin • 2) Your personal FB profile shows that you are doing a career that is : • Cool • Successful • Make a difference for the community/other people?

  38. 3) The company website has a section CAREER OPPORTUNITIEScontaining • Videos of staff and their stories • Joint interviews • A detailed description of the career opportunities?

  39. 4) Are you present on YouTube with videos that describe the career opportunities? • 5) Is it evident at least once a month from your personal FB profile that you’re looking for employees? • 6) Do you ask customers for names of potential recruits? • 7) Are there people who left who were unhappy? • When you have no applicant at all, normally it is because you have someone around you, you should involve in your company but you don’t notice it

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

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