Dear ScaleUps,
Hope it’s been a productive and purposeful week. Here are some insights/opportunities to help you outlearn/outthink the competition.
| You’ll never change your life until you change something you do daily. The secret of your success is found in your daily routine. | |
| John C. Maxwell as quoted in Vitamin B (For Business) | |
Latest ScaleUp News --
Airbnb, Gitlab and 13 other unicorn startups potentially going public; Microsoft ScaleUp offers support in Africa – this news and more at ScaleUps.com, your one-stop weekly update.
A Daily Dose of Greatness for Your Business --
Andy Bailey (entrepreneur, coach, and brilliant writer) has done it again with his latest book Vitamin B (For Business): Your one-a-day supplement for improvement in business and leadership. This is a book you’ll read and use every day as he serves up a practical and concise nugget of business wisdom each calendar day of the year (as an Amazon Associate, I earn from qualifying purchases).
January 9th Wisdom --
Published just this week, today’s daily dose of greatness is “The Difference Between Having a Job and Having a Business.” Just two pages each, they are quick practical reads that will remind you of key business fundamentals. Share with your team at the daily huddle? Share your thoughts in an email? Use to stimulate thinking and discussions throughout the company? Then come hear Andy Bailey, Scaling Up Certified coach, speak at our upcoming ScaleUp Summits.
Lessons from a CEO Who Scaled to $14 Billion --
Todd McKinnon, founder of Okta, details in this Business Insider article 6 steps any leadership team can take to scale and weather economic downturns. One key, which aligns with our SWT tool (T for Trends), is to “Identify a macro trend and use timing to your advantage,” notes McKinnon. The market can make you look smart or make you look stupid, so find which way the winds are blowing and trim your sails accordingly. And best if your business doesn’t rely on economic stability – which is why it’s better to sell a need vs. a want! Todd reasoned that cloud computing was here to stay and then identified a niche within that industry. What’s “here to stay” in your world?
Aligning Business and Family --
Todd was also deliberate in aligning business and family in setting both personal and business goals. This is why we created the One-Page Personal Plan (OPPP). As you finalize your #1 business priority for this quarter and 2020, set personal ones as well. You can download the OPPP and the rest of our one-page tools at www.scalingup.com – link next to picture of book. Thank you to Scaling Up Certified coach Bill Gallagher (who is also leading the EO Accelerator initiative for us) for pointing me to this case study.
What the Biggest Deals of 2019 Tell Us About the 2020’s --
Continuing with a theme of trends, this HBR article looks at the biggest deals in 2019 and how they point to shifts in the next decade. Concludes Steve Hall, who suggested this article:
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Steve stated it better than the authors, but still scan through the HBR article to update yourself on the biggest deals which may have changed the landscape of your industry.
CEO-BOOTCAMP: spend 3.5 days with Verne, serial entrepreneur John Ratliff, and 6 other CEOs in a beautiful retreat setting, addressing the constraints holding back you, your business, and your industry. Jan 14 - 17; Mar 10 - 13; Jul 21 - 24; Aug 18 - 21, 2020.
ORDER a BOX of 20 SCALING UP BOOKS --
Want to save 50% over the price on Amazon? Go to this link.
EXITING: Looking to sell the business in the next 18 to 36 months? Want to avoid the traps many sellers fall into with today's buyers? You can download the white paper Seven Traps Sophisticated Buyers Deploy Against Unwary Sellers from align5 advisors here
Write Your Own Book --
Whether you want to make it to the bestseller lists or just sell a lot more of your goods or services, with a profound competitive edge over the competition, Book The Business: How to Make BIG Money With Your Book Without Selling a Single Copy is for you!
Request your free copy of this ground-breaking book at advantagefamily.com/scalingup.
COACHING:
Have you ever wondered if working with a coach might accelerate your company's growth, exponentially? Do you have what it takes to move the dial from good to great? The Scaling Up team is prepared to support you. We have helped 40,000 other organizations over the past 30+ years, in scaling up their organizations through coaching, workshops, online training and more.
We would like to offer you a complimentary, personal follow-up from our Scaling Up team to share how we can support you in scaling your organization.
YES! I WOULD LIKE TO LEARN MORE ABOUT COACHING & RECEIVE A COMPLIMENTARY FOLLOW-UP (CLICK HERE)
For questions or more information contact us at [email protected]
TECHNOLOGY:
Execute Scaling Up Faster and Drive Accountability -- Drive Execution with Scaling Up Scoreboard, the official software tool for implementing Scaling Up – available online and in a mobile app. The technology behind Scaling Up Scoreboard is proven to help you achieve 3.5x more goals. Learn more at https://scalingup.com/software/ - on your computer, tablet or phone.
Better Book Club -- What's your team reading? Increase your books read per team member. Easy, Proven, and in the Cloud at http://www.BetterBookClub.com.