WealthTalk - money, wealth and personal finance.

The 7 S's of Business Success: From Seed to Scale [Part 3]


Listen Later

In the third and final instalment of ‘The 7 S's of Business Success’ series, we delve into the crucial final steps of building a successful business: scaling, selling, and, if necessary, scrapping. 

Whether you’re just starting out or looking to refine your strategy, this episode offers invaluable insights to help you confidently navigate these pivotal phases.

In the episode, you’ll learn…

Scaling Your Business (Step 5): Discover how to boost revenue through automation, expand your market reach, develop new products or services, and strengthen your teams. To ensure sustainable growth, learn to identify and manage risks like overextension and quality control issues.

Selling Your Business (Step 6): Understand how to sell your business to realise capital, plan for retirement, or reduce risks. We cover strategies to enhance your business's value, engage professional advisors, and navigate challenges such as valuation discrepancies and confidentiality breaches.

Scrapping the Business (Step 7): Learn when and how to pivot or wind down operations due to financial challenges, market shifts, or other critical issues. Mitigate risks through robust financial management, adaptability, and operational efficiency to minimise losses and maximise opportunities for reinvention.

Tune in to equip yourself with the tools and insights needed for long-term business success, whether your goal is growth, exit, or transformation.

 

Resources Mentioned In This Episode:

>> WT244: The 7 S's of Business Success: From Seed to Scale [Part 1]

>> WT247: The 7 S's of Business Success: From Seed to Scale [Part 2]

>> WT37: Interview With John Warillow

>> 'The Wealth Coach’ Book [Amazon]

>> WT103: Employee Ownership Trusts w/ Chris Budd

 

Next Steps On Your Wealth Building Journey:

>> Join the WealthBuilders Facebook Community

>> Become a member of WealthBuilders

If you have been enjoying listening to WealthTalk - Please Leave Us A Review!

...more
View all episodesView all episodes
Download on the App Store

WealthTalk - money, wealth and personal finance.By Kevin Whelan and Christian Rodwell

  • 5
  • 5
  • 5
  • 5
  • 5

5

2 ratings


More shows like WealthTalk - money, wealth and personal finance.

View all
The Meaningful Money Personal Finance Podcast by Pete Matthew

The Meaningful Money Personal Finance Podcast

86 Listeners

The Property Podcast by Rob Bence and Rob Dix from The Property Hub

The Property Podcast

79 Listeners

The Money To The Masses Podcast by Damien Fahy

The Money To The Masses Podcast

14 Listeners

This is Money Podcast by This is Money

This is Money Podcast

34 Listeners

Disruptors by Rob Moore

Disruptors

112 Listeners

The Progressive Property Podcast by Kevin McDonnell

The Progressive Property Podcast

9 Listeners

The Diary Of A CEO with Steven Bartlett by DOAC

The Diary Of A CEO with Steven Bartlett

6,786 Listeners

The Money Podcast by Rob Moore

The Money Podcast

21 Listeners

Property Magic Podcast by Simon Zutshi

Property Magic Podcast

5 Listeners

James Sinclair's Business Broadcast by James Sinclair

James Sinclair's Business Broadcast

6 Listeners

The Blueprint Podcast by Daniel Hill

The Blueprint Podcast

3 Listeners

Commercial Property Investor Podcast by Jerry Alexander

Commercial Property Investor Podcast

3 Listeners

Simon Squibb by Simon Squibb

Simon Squibb

10 Listeners

Making Money by Most

Making Money

9 Listeners

The Commercial Property Podcast by Suzi Carter

The Commercial Property Podcast

0 Listeners