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MOMENTUM. Leveraging your success Phillip Rosebrook JR, CR Partner Business Mentors. Sound Familiar. 200+ new jobs in a week Burnout & overwhelmed staff Cash crunch Average quarterly revenue. Challenges. Start Strong....Finish strong . Likely Result. Record Month
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MOMENTUM Leveraging your success Phillip Rosebrook JR, CR Partner Business Mentors
Sound Familiar 200+ new jobs in a week Burnout & overwhelmed staff Cash crunch Average quarterly revenue
Challenges Start Strong....Finish strong
Likely Result Record Month Followed by average or slow month Results several average months Potentially a tarnished reputation An unfortunate example
A Better Situation A record month Followed by a several strong or record months Results Windfall profits Cash infusion – after a bit of time Confidence New contacts
Achieving High Powered Growth Preparation + Opportunity = Momentum
Preparation Organizational Personnel Communication Capital Partners
Organization • Create a compelling vision • Define goals • Include BHAG • Deliberate company culture • Identify company values
Personnel • Clear systems and process – everyday, large loss and peak periods • Hire 50 people this week seamlessly integrate then 50 next week • Planning, Procedures, Policy • Hiring, orientation, assessment • Hire top performers
A Note on Hiring Create a standard on-boarding process Screening Interviews Orientation & Training
Challenging Comfort Zones • What is holding you back? • Fear • Complacency • Desire
Create Your Own Opportunity • Create success to build momentum - inertia • Celebrate • Minimize failure • Confidence
Communication How is the company doing? How are individuals doing? Two way dialog Client communication
Overcoming Fear and Stagnation Action! Systems and practice Movement in the right direction
Capital Banking relationships Capital preservation Ask for deposits and draws Jobs not finished until Check in bank
Partners • Professional Team • Banker • CPA • Attorney • Network • Business advisor
Learning After event or influx is over What worked well What went wrong Different next time Exactly the same Create a written action plan Self inventory
Pareto’s Law Apply resources where greatest impact Not an excuse to be sloppy
Creating a Movement Are you a leader without followers? Movements are about the followers
Summary Clarity Purpose Vision Practice Communicate Debrief Repeat
Finish Strong Great Finishes