Author: Dean Thistleton

BUILDING A BUSINESS FROM SCRATCH. . . PART 7

Behind every successful business is a well thought out structure. A structure of your people and how your business is structured internally. A good structure is based on the foundations you put in place from day one of the business. Who’s responsible for each department and what their role is within the business. We touched on the importance of this in Chapter 4. In this chapter I’ll talk into this in more detail along with how important employees are to the success of any business. Your structure of people starts with an employee organisation structure. At this point you...

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BUILDING A BUSINESS FROM SCRATCH – PART 6

In the last issue I wrote about the entrepreneurial attitude to education and how they think differently to most people. They know that to be successful in any field, you have to be prepared to do what others won’t. I wrote about my own Four Strategies for personal growth and described how the first two Reading and a Mastermind have helped me achieve my goals. Let’s discuss the next two strategies. Strategy 3 – A Coach/Mentor If you’re a new start up or looking to scale your business, then having a coach/mentor is part of your apprenticeship as a...

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BUILDING A BUSINESS FROM SCRATCH – PART 5

  The majority of business owners believe that when they leave formal education the learning stops. Educated business owners however think differently. They know that to be successful in any field, you have to be prepared to do what others won’t. For us entrepreneurs this means going to work on ourselves, through personal growth and development; which in turn, impacts both personal life and business growth. Apart from the basic maths and English, formal education doesn’t teach us much. We’re taught to memorise or copy what’s in front of us. How much thinking did the teachers actually get us...

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BUILDING A BUSINESS FROM SCRATCH… Part 4

Self-removal from your business should be in the fore front of your mind, vision and planning from day one. Sounds strange that we plan to remove ourselves from the very business we are about to grow and develop. Here’s a statement to remember. Your business will run better without you. You may be saying to yourself, I don’t think so, but it will, trust me. Sure, there’s a lot to do to get to this stage but if we are thinking this from the start then we can build a successful company with you working on the business rather...

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BUILDING A BUSINESS FROM SCRATCH… PART 3

Sacrifice and Commitment: What do you need to sacrifice to achieve your goals and visions? When we decide to take the plunge in to setting up and establishing our businesses, we make our first commitment, a commitment to ourselves. To work hard and be the best we can be. To differentiate ourselves from other businesses. These are typically what we commit to, the moment we decide to start a business, it’s the start of the journey to financial freedom. If you’re a start-up, or even a 20 year established business, ask yourself this question… How committed am I to...

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