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Ep. 15 Business is not a sprint but a marathon

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Manage episode 343922839 series 3242334
Content provided by David McDonald & John Oliver, David McDonald, and John Oliver. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by David McDonald & John Oliver, David McDonald, and John Oliver or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.
Strategy 1: Do you have the right training? Just like in a marathon you need to train and business is no different. Anyone can sprint, it's a short distance and doesn't require much training. Reference material: https://rosefinancial.com/building-a-successful-business-is-a-marathon-not-a-sprint/?cli_action=1593048222.549 Strategy 2: Do you have a plan? A sprint is a straight shot compared to a marathon that has ups, downs, and curves that you need a plan. Why would you run a business without one? Do you have the right shoes? - foundation of your running so a solid business foundation is key. It includes the right product/service/financial standing/ability to reach the masses Marathons have gone virtual - is your business? Online has to be a key feature regardless of the business you run just short of manufacturing. Whether you are using online to sell or marketing (We recommend both) having a virtual path means regardless of the weather your marathon to business success can continue Follow the plan - it's like practicing everyday for a run. Planning out your day, operations, and goals. If you go full bore each day you will burn out quickly which could Do not rush the strategic plan - you might miss important details which could mean you don't reach that finish line of a successful business Reference: https://gosmallbiz.com/marathon-not-sprint-comes-small-business/ Strategy 3: Set the pace - have other businesses chase you not follow the same old path Its hard very hard but so gratifying if you are the pace setter Build the core - this part is everything from financial, staff, support system that allows you to move through the roadblocks that are inevitable as you grow Its not easy - you just need to get on the starting line Reference: https://medium.com/@samyj13/the-most-overused-saying-its-a-marathon-not-a-sprint-776a7103fe66 https://bossproject.com/blog/2015/6/16/running-a-business-marathon-not-sprint
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46 episodes

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Manage episode 343922839 series 3242334
Content provided by David McDonald & John Oliver, David McDonald, and John Oliver. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by David McDonald & John Oliver, David McDonald, and John Oliver or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.
Strategy 1: Do you have the right training? Just like in a marathon you need to train and business is no different. Anyone can sprint, it's a short distance and doesn't require much training. Reference material: https://rosefinancial.com/building-a-successful-business-is-a-marathon-not-a-sprint/?cli_action=1593048222.549 Strategy 2: Do you have a plan? A sprint is a straight shot compared to a marathon that has ups, downs, and curves that you need a plan. Why would you run a business without one? Do you have the right shoes? - foundation of your running so a solid business foundation is key. It includes the right product/service/financial standing/ability to reach the masses Marathons have gone virtual - is your business? Online has to be a key feature regardless of the business you run just short of manufacturing. Whether you are using online to sell or marketing (We recommend both) having a virtual path means regardless of the weather your marathon to business success can continue Follow the plan - it's like practicing everyday for a run. Planning out your day, operations, and goals. If you go full bore each day you will burn out quickly which could Do not rush the strategic plan - you might miss important details which could mean you don't reach that finish line of a successful business Reference: https://gosmallbiz.com/marathon-not-sprint-comes-small-business/ Strategy 3: Set the pace - have other businesses chase you not follow the same old path Its hard very hard but so gratifying if you are the pace setter Build the core - this part is everything from financial, staff, support system that allows you to move through the roadblocks that are inevitable as you grow Its not easy - you just need to get on the starting line Reference: https://medium.com/@samyj13/the-most-overused-saying-its-a-marathon-not-a-sprint-776a7103fe66 https://bossproject.com/blog/2015/6/16/running-a-business-marathon-not-sprint
  continue reading

46 episodes

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