In last week’s episode, David and Eric talked about ROA and ROA and why it’s important to grow your margin, but not at the expense of ROA. In today’s episode David and Eric discuss Financial Forecasting. While many seek a tool to help them see into the future, we believe this is a tool that…
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On this episode of Emerge Dynamics we’re joined by guest Ladi Franklin. Not only is this woman doing amazing things for the businesses she works with, but she has also been working on the value-builder drivers in a culturally different space. She’s proving these principles are globally applicable. Originally from Nigeria, Ladi has been living…
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This episode of Emerge Dynamics is a continuation of our series about understanding how much your business is really worth. This time, we’re discussing recurring revenue and monopoly control. Recurring revenue and monopoly control are drivers of your business valuation just like Switzerland and hub and spoke, as discussed in the previous episode. First and…
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What are the things that drive the value of your business, and how can you make a positive impact on the worth of your business? Today we’re continuing our series on business valuation, and focusing on the main drivers so you know the right action steps to take to reduce the risk rate inside your…
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On this episode of the Emerge Dynamics podcast, we’re revisiting our strategic “dream planning” conversations to cover an objection to the process. The objection is: does all this planning paralyze? After all, if you plan too far in advance, it may become irrelevant. While the objection is understandable, the conclusion isn’t true. Analysis paralysis is…
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Eric and David go over one more point about Strategy and then dive into Tactics and Actions. When more than one person is accountable, no one is.
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What is the best way for a business to develop a strategy?On this episode of Emerge Dynamics we’ll be discussing several frameworks for strategy while highlighting the pitfalls of giving this lip service. Once you know your purpose, vision, and objectives, it’s time to start putting a strategy in place. Your strategy is the “how”…
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On this episode of Emerge Dynamics we’re talking about objectives, which is the next step in working through our dream planning framework. We’ve already discussed mission and purpose, and now it’s time to move onto the next important aspect. Dream planning is a lot like strategic planning, but it is more focused on the perspective…
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Eric and David discuss why you need a vision and why you need to do much more than write a statement. Some quotes from our discussion…. If you don’t know where you’re going, you might end up someplace else. -Yogi Berra Alice: Would you tell me, please, which way I ought to go from here?…
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(Link referenced in the intro about when a vision statement goes wrong.) Kevin Hostutler, co-founder and president of ACGI software joins us to talk about the importance of mission to his company. A a couple of excerpts from his letter to his team after a particularly productive offsite:
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