October 2022

What Does it Mean to Scale Operations?

A few months ago I defined business operations this way: Business operations is the collection of activities and resources required for a business to deliver its value proposition to its customers.

Scalability refers to the ability to easily handle an increasing amount of activity with consistent quality and improving economics

Most startups are almost intentionally unscalable. The startup phase of a business involves lots of experimenting to find what works. The business is designed for flexibility, not scalability. Scalability involves standardizing and automating processes as much as possible. It requires an investment in time and often money that really doesn’t make sense until you’re done experimenting and you’ve decided exactly how you’re going to operate.

But at some point, the startup becomes a scaling business that needs to profitably keep up with growing demand.

The article linked below describes the 5 key steps to scalable operations.

Click here to read the full article.

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Book Brief: The Unicorn Within

The Unicorn Within, by Linda K. Yates, teaches mature companies how to launch disruptive new ventures the same way that startups do, but with the added boost of what the author calls “the Mothership advantage”.

The Unicorn Within is primarily aimed at leaders of large, mature businesses who want to increase innovation specifically by establishing the capability to launch new startup ventures from within. The book lays out the comprehensive methodology that Yates’ company Mach49 uses to help their clients do just that. This involves a major commitment of time and resources.

The Unicorn Within will also be valuable to anyone wanting to know how to launch startups outside of big companies. The Mach49 methodology is based upon the best practices used by the most successful venture-backed startups. First time entrepreneurs (and even those who’ve started companies in the past) will benefit from the detailed step-by-step process the author lays out for launching a new venture. Those that teach entrepreneurship should consider using the book in their classes. Those that coach, mentor, or otherwise support entrepreneurs will also gain valuable insights into what it takes to successfully launch a startup.

Click the link below to read my full review.
https://clearpurpose.media/book-brief-the-unicorn-within-899e7714a0d9?sk=e94561db41021fcb30fbe7a63cef5868

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Book Brief: You Can’t Teach a Kid to Ride a Bike at a Seminar

Good salespeople have a well-defined system that they consistently apply in their dealings with customers. For those without a system, or whose current system isn’t working, You Can’t Teach a Kid to Ride a Bike at a Seminar by David H. Sandler is for you. It teaches the Sandler System. It does so through an engaging and entertaining writing style, giving lots of real world examples, and calling out plenty of “Sandler Selling Tips” along the way. 

The name of the book is meant to emphasize that you aren’t really going to learn how to sell by reading the book. It will provide head knowledge about the system and specific techniques critical to success in using the system, but you’re going to need to practice those techniques, and probably fail a few times, before you really learn it. Since the Sandler organization operates 250 training centers around the world, I’m guessing the book is also intended to emphasize that it helps to have someone running along side you, encouraging you, and pointing out how to get better at selling.

You Can’t Teach a Kid… is fun to read and full of great content. Even if the Sandler System isn’t for you, you’ll pick up some good ideas for improving your sales approach. But if you don’t have a system, or your system isn’t working, this book might just begin to teach you a system worth trying.

Click the link below to read my full review.
https://clearpurpose.media/book-brief-you-cant-teach-a-kid-to-ride-a-bike-at-a-seminar-994d3987306b?sk=674bb9ccf4555070be7ee3ef8483a748

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How to Sell More

It used to be that almost all sales involved interpersonal interactions. A salesperson approached a potential customer and offered products or services, or a customer walked into a retail store and made a purchase. Today, many business-to-business transactions still involve a traditional salesperson-client interaction, but both consumer and business transactions are increasingly moving online with little or no human-to-human interaction. 

In the article linked below, I look at sales under two different models – relational and transactional. For each, I discuss tools commonly used to effectively manage through different phases of the sales process and, along the way, identify 42 different specific steps you can take to increase sales. Bottom line, “selling more” does not require “more selling”, but rather often involves better listening. If you better understand your customers and their needs, better meet those needs, and act in a way that builds their trust in you, you will sell more.

Read the full article here and see the 42 ways to increase sales.

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Four Category-Making Case Studies

A couple of weeks ago I wrote an article about category making. In it, I suggested that there are three distinct challenges that must be tackled when creating a new category. In the article linked below I look back in history at a few of the more iconic category creators that have not only defined new product categories, but in the process, changed our lives. Understanding the decisions they made and the actions they took related to each of those challenges, and how their efforts paid off could be helpful as you consider your own category making journey.

Intel created the microprocessor category in 1971 that, in time, powered the microprocessor revolution. Google created the ranked web search category in 1996 which helped all of us discover the Internet revolution. In 1992 ARM created the mobile processor sub-category that enabled the mobility revolution. In 2010 Uber built upon the power of those three revolutions to create the mobility-as-a-service category.

Read each of these company’s stories through a category making lens and to see what lessons today’s category-makers can learn from them.

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