In your business, do you feel like it’s all work, little personal time, and less profit than you deserve? Enter the Exit Mindset podcast. The Exit Mindset gives you a series of principles and information that will help you get the profit, company valuation, and work-life balance you want. Whether you are looking to keep your company forever or interested in selling it at some point down the line, this podcast will work with you in helping you achieve the business you always wanted.
https://www.exitmindset.com/podcast/
episode 4: How to Design A Better Company Infrastructure
This episode explains what your infrastructure entails, why it’s vital to your company, and how to fix it.
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Key Links
- Sign-up for your FREE COPY of Exit Mindset (Releasing soon!)
- http://exitmindset.com/
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What is Infrastructure?
- The parts of your company that create, deliver, and support your product.
- The product is king, and infrastructure is its kingdom.
- It impacts your company’s efficiency, profits, and work-life balance.
Thinking Like a Buyer
- Look at your company the way a potential buyer would.
- Every flaw in the company impacts valuation.
- Poor infrastructure will either scare them off or significantly lower your valuation.
- Buyers can pay you a fraction, fix the issues they see, and reap the benefits.
- It’s your job to optimize your company.
Fixing Your Infrastructure
- Most infrastructure issues stem from a lack of planning.
- A thriving company requires a combination of optimized plans and resources.
Make a Plan
- Plans will not be perfect, so you have to adapt.
- Don’t get discouraged!
- Learn from the mistakes of each plan, and move forward every time.
Break it Down
- Analyze your company from the top down.
- Break your company down into units.
- Focus on the objectives of each unit, rather than individuals within it.
- What steps will lead you to your objective? Are those steps efficient?
You Have Help
- Ask your team how the system can be improved.
- Be an active listener.
- No one knows the system better than those inside it.
Start Small
- Significant changes begin with small steps.
- The solution isn’t a one-and-done.
- If you can solve small problems first, you’ll be more confident when more complex ones arise.
- Top-down analysis works with any size problem.
Weakest Link
- Your company will only work as well as its least-efficient piece.
- Focus first on the high-impact issues, then go from there.
- Start improving your business today, step by step.
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- The Exit Mindset is brought to you by Rem Oculee, founder of Confidence Wealth. All rights reserved.
- For more information, please visit ExitMindset.com.
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We want to help as many business owners as possible. If you know anyone who could benefit from the information in this podcast, please feel free to share it with them.