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Build a Business You Love: Mastering the Five Stages of Business Build a Business You Love: Mastering the Five Stages of Business by Dave Ramsey
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“In addition to operationalizing your culture, building a solid leadership team, and landing a sound strategic plan, you’ve also got to identify and implement processes you can rely on. Up to a point, personal heroics, like working late and working on the weekends, are enough to get stuff done. But eventually that breaks down. There literally aren’t enough hours in the day to keep up. To scale your business, you need processes that generate repeatable results and don’t require you to hire more and more people to manage them.”
Dave Ramsey, Build a Business You Love: Mastering the Five Stages of Business
“Time management Delegation Budgeting Hiring”
Dave Ramsey, Build a Business You Love: Mastering the Five Stages of Business
“Hiring the right person is more important than hiring a person.”
Dave Ramsey, Build a Business You Love: Mastering the Five Stages of Business
“Getting off the Treadmill The solution to getting off the treadmill is to get to a place where the majority of your business revenue can be generated without your being in the room.”
Dave Ramsey, Build a Business You Love: Mastering the Five Stages of Business
“You’re here to serve, and you’re here to change people’s lives—including the lives of your team members. That’s when what you do actually matters.”
Dave Ramsey, Build a Business You Love: Mastering the Five Stages of Business
“Your business isn’t just a way to make money—it’s a platform to make an impact.”
Dave Ramsey, Build a Business You Love: Mastering the Five Stages of Business
“We talk about the good things as well as the bad things all the time—with all our team members. Why? Because we’re all adults, and we treat our team like adults. We know that if we don’t communicate or if we communicate poorly, the team will fill in the blanks for themselves. And because it’s human nature to assume the worst, they’ll create a scenario in their minds that’s ten times worse than reality. No team on earth can be effective or productive in that kind of environment, so we overcommunicate to keep it from happening.”
Dave Ramsey, Build a Business You Love: Mastering the Five Stages of Business
“Could it work better? That’s what proactive disruption is all about, and it’s the ultimate manifestation of your culture of relentless improvement.”
Dave Ramsey, Build a Business You Love: Mastering the Five Stages of Business
“the five enemies of unity: Poor Communication A team must be on the same page. If the right hand doesn’t know what the left hand is doing, disunity, anger, and frustration will fill your company. Lack of Shared Purpose A lack of a shared purpose causes a lack of unity. If the team doesn’t share the goals of leadership and of each other, there isn’t unity. Gossip I absolutely hate gossip. If people have an issue, they need to speak up to their leader, not out to their teammates who can’t fix it. Unresolved Disagreements Disagreements that go unresolved grow. They eventually paralyze people. Leaders must step in to help resolve the problem. Sanctioned Incompetence When a team member is incompetent, for any reason, and leadership won’t act, the good team members become demoralized.”
Dave Ramsey, Build a Business You Love: Mastering the Five Stages of Business
“Intentional culture Leadership development Strategic planning Repeatable processes”
Dave Ramsey, Build a Business You Love: Mastering the Five Stages of Business
“when you’re looking to build a team of people you can delegate to, you want to look for two specific character traits: integrity and competency.”
Dave Ramsey, Build a Business You Love: Mastering the Five Stages of Business