4 Stage Business Diagnostics Framework

Описание к видео 4 Stage Business Diagnostics Framework

Learn the 4-stage business diagnostics framework to assess where you stand and how to progress towards scalability.

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Discover the secret to building a thriving venture with this small business diagnostics framework. In this must-watch video, Dave Jenyns walks you through the four crucial stages of business systemization that will help you identify where you are and where you want to get to.

Stage 1: Survival Mode
Are you constantly putting out fires, relying on your instincts, and feeling like everything revolves around you? Don't worry; many businesses start here! But it's time to make that crucial change, and we'll show you why and how.

Stage 2: Stationary Mode
At this stage, your systems may reside only in your team members' heads, and you're heavily dependent on individual employees. Let's get you out of this plateau and start extracting the knowledge to ensure smooth operations.

Stage 3: Scalable Mode
You've got some documentation, but things can get clunky. Your focus should be on organizing and streamlining your systems to create a scalable business that runs like a well-oiled machine.

Stage 4: Saleable Mode
Your departments are fully documented, and your business functions like clockwork, making it highly attractive to potential buyers (even if you don't plan on selling). Achieving this level of success will be your ultimate payday as a business owner!

So where are you in the 4 stages of business systemization? Identify where you are and take the first step towards transforming your small business into a thriving, efficient, and saleable enterprise.

Timestamps:
00:00 The four stages of business systems
00:36 Survival mode (Stage 1) and its characteristics
01:30 Stationary mode (Stage 2) and its characteristics
02:39 Scalable mode (Stage 3) and its characteristics
03:44 Saleable mode (Stage 4) and its characteristics
04:54 The ultimate goal of a business owner should be to sell the business
07:25 The Vivid Vision by Cameron Herold

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