Scale Up Your Business Podcast
Planning For 2020 With Business Growth Expert, Gavin Preston
Nick Bradley and Gavin Preston of the ‘The Business Mastermind’ podcast are spending time together discussing the next year and decade as we enter the last quarter of this year.
They explore multiple aspects of business planning, structure and customers and offer practical advice so you can create a plan for your business that will take you successfully into the next year.
Mindset is critical and this episode explores in depth the mindset it takes to drive a business forward achieving the results you want and taking you towards attaining your vision.
At a time when we are required to run faster and faster, we actually need to go slower to be able to plan in the time to focus on thinking so that moving forward is successful and this episode explains how you can achieve this, there is something for everyone in business in this episode.
When Planning you need to reconnect with the vison what are you trying to achieve.
Once you know where you are going then the next question is how?
Instead of thinking incrementally you can look at where you want to be, then work backwards planning the steps you need to make to get to where you want to be
You can’t have a big enough vision – I have a twenty-year vision, which is huge but every year I look at it then chunk up
Goals – set goals for all areas of life including relationship, business and emotions.
The goals are formed from what you want to achieve in each area
If you are not getting the results you need to change something
Change the things that will get you the outcome
Look at the environment your customers are working in and find out if their pain points and wants have changed because you may not be meeting their needs
You may have a range of products and it may be due to agile innovation that those products are no longer relevant because the world is moving more quickly
Even if you’ve had the best year ever you must re-evaluate because it doesn’t mean the next year will be the same.
There are many lenses with which you can look at your business the most important thing is to match what the customer wants with what you can provide.
If you haven’t got a good insight into your business then you need to seek external support to ensure you have the information required to plan well for the coming year.
There are key questions to ask - What am I not seeing at this point that may cause me problems further along the line.
If you are a business of a certain scale there are more businesses out there than ever before If you are planning to sell, for private equity to be interested there is a threshold. A planning strategy you can include is one of possible merging with another business of a similar size to make yourself attractive to private equity investment when you are seeking a successful exit.
‘The power of visualisation is a key to moving forward’
‘It’s the view you have of yourself that can be limiting – your limiting beliefs’
‘What is it I need to change in my objectives to be able to reach my goal?’
You’ve got to have a bold goal with manageable chunks that you can then work towards
The Business Mastermind Podcast
Scale Up Your Business Podcast
90 Day Business Growth Accelerator website
ABOUT THE GUEST
Gavin is an inspirational Speaker, Business Strategist, Business Growth Mentor, Trainer and
high-performance Coach. He works with Business Owners and Entrepreneurs and has a strong track record in creating creative strategies to accelerate the growth of their business. He has helped hundreds of SME business owners and leaders improve their performance and that of their business and a comparable number of executives and employees in blue-chip corporates over the last 20 years.
Gavin’s energetic, insightful and yet down to earth and practical talks, workshops and coaching is in demand with high growth business between £250,000 and £30 million revenue and with multi-national organisations at all levels from Board to frontline Managers. He is an expert in Business Growth Strategies, Peak Performance Mindset, Persuasion & Engagement, Marketing, Productivity, Leadership Development, Team Development & Motivation, Leading Change, Stakeholder Management, Personal Effectiveness and Behavioural Change.
Gavin Preston Website
Gavin Preston LinkedIn
Gavin Preston YouTube
Gavin Preston Facebook
Gavin Preston Twitter
ABOUT THE HOST
My name is Nick Bradley. I’m an entrepreneur, author, speaker and investor.
My background is in growing and scaling VC and Private Equity backed businesses.
Having successfully built, bought and sold a number of companies, and removed myself from day-to-day operations, my focus now is on helping entrepreneurs get to where they want to be, in business and in life. As well as investing in growth businesses and backing turnarounds - with the ultimate aim of creating value from significant capital events.
I’m passionate about personal and professional development - showing up and being the best version of myself ... every day.
My bigger vision is to help bring entrepreneurial skills, experience and mindset to people in developing nations - so they can follow their dreams, live life more on their terms - utilising entrepreneurship as a global force for good.