Free Ebooks
/ Free Ebooks
Endgame: Designing Your Business for the Ultimate Reward
As a business owner, you're familiar with the challenges and complexities that come with steering your company day-to-day. But have you considered the transformative power of picturing your endgame? This simple yet strategic action is more than just setting a goal; it's about creating a clear roadmap for your entrepreneurial journey. Imagine having a destination so clear in your mind that every decision you make naturally aligns with it. This is what happens when you know your endgame. It becomes a guiding star for your business, simplifying decision-making.
It’s About Time: A Business Owner’s Guide for Deciding When to Sell
If you’re like a lot of founders, you’re probably trying to time the sale of your business to coincide with the top of an economic cycle. Given today’s headlines, you may be wondering if you have waited too long. However, timing the market is a fool’s errand, and contemplating your business exit requires a completely different approach.
The 8 Key Drivers of Company Value
As a business owner, the decisions you make daily shape the future of your company. With so many choices competing for your time, understanding which ones most affect your company’s value is crucial. Your business is not just a source of income; it’s an investment. To maximize the return on that investment, you need to understand the details of what makes your business valuable.
Monkey Mind: Navigating the Emotional Highs and Crushing Lows of Building a Successful Business
Building a successful business is not merely a journey toward financial independence; it’s a personal voyage laden with a spectrum of emotions. There are periods of exhilarating highs, when your dreams seem within grasp, and, inevitably, gut-wrenching lows, when the pitfalls of business hit hard. It’s essential to remember that navigating this emotional odyssey is as crucial as managing your business operations.
The Yes Box: How Step-Change Thinking is the Key to Growing Sales in a Shrinking Economy
What do Airbnb, MailChimp, Microsoft, and Uber have in common? They all started in an economic downturn. While recessions can be brutal, they may also be the catalyst for innovation. This eBook offers tools you can use to reinvigorate and expand your business -- while others prioritize survival and preservation.
The Owner’s Metric: The One Number You Need to Be Truly Free
While you can’t buy happiness, you can buy personal freedom. It comes from having enough wealth set aside that your work becomes a choice, not an obligation. The fastest way to build the wealth you need to do “whatever you want whenever you want to”? Focus on the Owner’s Metric.
The 4 Degrees of Delegation
As a business owner, your instinct may be to oversee every detail of your company. While this has led to your success, fighting fires and answering mundane questions creates a bottleneck. The hallmark of a valuable company is one that can thrive without you. How do you get there? Master the art of delegation.
The Definitive Guide to Standard Operating Procedures
Why did you start your business? Was it because you had an idea? Were you striving to become rich? Or was it out of necessity? While these are all common inspirations for starting a business, most people choose entrepreneurship because they want the freedom to decide what to do with their time and energy. If freedom is your goal, SOPs are essential.
The Overlooked Owner: A Key Factor in Determining Business Value
In a study of 1,511 companies, we found one factor commonly omitted when assessing the value of a company – the owner. Our research suggests that the owner’s reasons for exit and the steps they take to prepare for an exit can play a significant role in the value of a company.
How Your Greatest Strength Becomes a Debilitating Weakness
In a study of 23,158 companies, we found 40% of business owners have one thing in common. They are Rainmakers – the primary revenue driver for their company. Rainmakers are exceptional at rapidly accelerating business growth, but our data suggests they eventually hit a ceiling. Revenue stagnates and business value plateaus, forcing owners to confront the Rainmaker’s Dilemma. The solution? Become an Architect.
The Freedom Point: A Financial Planning Guide for Business Owners
As business owners, you typically face two difficult choices: when to sell your business and at what price. Selling your business may seem far off into the future, but if exiting your business now would give you the financial resources to do whatever you want, it may be worth considering sooner than feels natural. This eBook offers a simple methodology you can apply to reach financial independence – what we call The Freedom Point. You may be closer to a carefree life than you think.
The Exit Checklist: A 5-Step Personal Action Plan for a Happy (And Lucrative) Exit From Your Business
As an owner, you’re ready for almost anything. But recent data shows that even the most affluent and successful founders struggle with one common problem: the regret of how they handled leaving their company. Are you personally ready for what should be the happiest day of your life?
How to Productize Your Service in 8 Simple Steps
Have you ever wondered how to make a business less reliant on its owner? You know the only way to create a valuable company is to ensure it runs without the owner, but when the founder is the key to delivering a quality product or service, it’s hard to make any progress. The answer is to “productize” the service. This is the process of breaking down the service into a series of steps and packing it like a tangible offering. We’ve developed an 8-step approach to helping you productize your service.
Famous or Rich?
Building a successful business can be a path to both fame and fortune, but more often, one comes at the expense of the other. There is a small but growing cohort of business owners who have become fantastically rich through building a small business in relative anonymity. Along the way, they have prioritized wealth creation instead of falling into the trap of striving to be popular among their employees, customers and industry peers. You may not know their names, but you can certainly learn from their wealth-building decisions in this eBook – written by John Warrillow, the bestselling author of Built to Sell and The Automatic Customer. So which side are you on?
How to Emerge From a Crisis With a More Durable, Valuable Company
Veterans refer to “the fog of war” to describe how difficult decision making can be when you’re on the battlefield with imperfect information. Sometimes the obvious answer in retrospect is not so apparent when you’re in the throes of a crisis which is why we wanted to share the stories of eight owners who took bold and decisive action at a time of deep economic uncertainty.