How to overcome fear to take your business to the next level


Did you know that only about one-third of businesses will survive a decade or longer? 

The good news: there are a few tactics any entrepreneur can use to grow their company, take their revenue to the next level, and ensure their business survives. 

The bad news? Fear—and analysis paralysis—holds many company leaders back from doing so. In this episode, 40 Strategy founder and CEO Carl J. Cox outlines the three ways that entrepreneurs can move past that fear and scale their company, no matter the outside circumstances. 

Tune in for more on those three strategies, the power of elimination when setting goals, how to plan and execute strategic “sprints,” and the specific ROI you should be aiming for when you begin a new strategic initiative. 

Here’s a Glimpse of What You’ll Learn: 

  • The percentage of businesses that fail in the first year, first 5 years, and first 10 years of existence
  • The 3 ways an entrepreneur can shift past fear and take their business to the next level
  • Why focusing on fewer ideas — not more — actually creates more momentum 
  • The power of a 10-week strategic plan, and why this timeline works so well for business owners looking to grow and scale
  • The component that could be the most important to include in a strategic plan (which most entrepreneurs and business owners miss)
  • A crucial leadership lesson from the book “Good to Great”, and how it can help you hold your team accountable when it comes to executing your strategic plan
  • The ROI numbers you should be shooting for when thinking about key strategies
  • Why “starting” (and planning) is the most important part of the CAPTAIN strategy
  • How to increase your “luck” as a successful business

Resources Mentioned in This Episode: 


Check out this episode!

Comments

Post a Comment

Popular posts from this blog

Business Economics with Bill Conerly

Bill Conerly is a leading expert on the economic forecast and a Consultant, Speaker, and Writer for his company, Conerly Consulting LLC. Conerly Consulting was founded with the goal of helping business leaders improve their company economics. Bill has over 30 years of industry experience, shares his expertise as a Forbes senior contributor, and is the Chairman of the Board for Cascade Policy Institute. His previous roles as the Director of Economic Research for NERCO, INC and Senior Vice President and Economist for First Interstate Bank strengthened his economic strategies. Bill graduated from the New College of Florida with a Bachelor’s Degree in Economics. He went on to earn his Ph.D. in Economics from Duke University. In this episode… When a sizable disturbance hits the economic market, how can we brace for the variations that follow? The pandemic abruptly halted the supply chain, and with the industry surge forward, how can businesses cope with the aftermath?  Bill Conerly is
Read more

How to skyrocket your personal and leadership development — one book at a time — with BookThinkers Founder Nicholas Hutchison

What if you could spend just one day learning what it took someone else *decades* to learn?    That’s the power of picking up a book: you get the most important lessons and advice, condensed down into a couple of hundred pages. Spend just one afternoon reading a great personal development book, and you could reap the benefits for decades to come.    It’s that concept that inspired Nicholas Hutchison to start his business, BookThinkers.      Nicholas is our latest guest and is the Founder of BookThinkers, a company dedicated to spreading the power of personal development books. Nicholas is focused on developing insightful content and interviewing the world’s top non-fiction authors for his podcast, BookThinkers: Life-Changing Books. As a digital nomad, Nicholas runs his business from a different country every month and gives all the credit for this lifestyle to some of the early books he has read.   Tune into the full episode for more on Nick’s top book recommendations (of cours
Read more

Day 7 - One Week officially in the Books

Working on that daily habit to exercise again. 7 Push Ups completed. Starting to get that strength back. For those following, there will be a point that you need to break up the push ups into different sets. That is ok and makes sense. Here's my recommendation, whether you do the push ups from your knees or standard push ups, try to do the most amount of reps in a specific set right before you are unable to do anymore. Rest two minutes and then start your next set. Another option is to split the sets in different parts of the day. As you build strength, you will be able to do more reps in each set.
Read more