Focus on Your Foundation

“Scaling and sustaining a business isn’t sexy.” – Darnyelle Jervey Harmon

 

Episode Summary

This episode is powered by the Move to Millions Book

If you're feeling frustrated with slow progress on your own Move to Millions, This episode is for you!, When things aren’t moving fast enough, we sometimes forget that building a business is not glamorous or exciting. It can be tedious and boring, but it's necessary for success. If there is one thing I know about being an entrepreneur, it’s that most of us are big picture visionaries who hate exploring the depths of the mundane tasks that go into the day in and day out of running a business. The truth, however, is that becoming a million-dollar CEO isn’t that glamorous – it’s actually filled with days, weeks, months and even years of getting a foundation upon which your millions can spring forth.  Further, seldom is this part sexy – it includes lots of testing and trying in an effort to find your million-dollar winning formula. And once you do, it gets real boring!   In order to scale and sustain a business that makes, move and leaves millions, you’re going to have to become okay with the boring side of business.  That means that day after day and week after week the tasks are the same and the goal is to predict your results. In this episode of the Move to Millions Podcast, we delve into one of the often overlooked and misunderstood phases of scaling and sustaining a business to and beyond the million-dollar mark – the foundation phases or the boring phase as I often call it. Focusing on your foundation is essential if you want to make millions.  To learn the ins and outs of the foundation phase, grab your pen and paper and listen in now to discover:

• What you need to focus on when you are desiring to position your business to scale and sustain
• Why doing too much and switching your strategy once you’ve laid your foundation is the biggest derailer of your ability to scale and sustain  
• Why repetition really is the mother of skill
• Exactly what you must have in place in order to graduate from the foundation phase into the boring phase
• And so much more

 

Important Links:

• Incredible One Enterprises Website  
• DrDarnyelle.com Website
• Move to Millions Planner
• Move to Millions Book

Powerful Quotes from the Episode

• “78% of people who hit the million dollar mark become a one hit wonder.”
• “You need to say something that no one else that has the boldness and courage to say.”
• “In this phase, consistency and predictability are the most important key performance indicators that you want.”
• “In order to show up fully and be who God created you to be, you’ll need to put on your blinders.”

 

Timestamps:

• [00:01:50] Tips for scaling and sustaining business; importance of a consistent foundation.
• [00:01:50] "Why Your Business's Success Depends on Foundation"
• [00:04:54] To succeed in business, you need to know your audience, create a valuable product or service that solves their problems, and price it for profitability and cash flow. $100,000 a year is not enough.
• [00:06:50] Differentiation is key; test marketing strategies; be consistent in foundation phase; growing a business requires consistent effort regardless of changes.
• [00:06:50] "50 Marketing Strategies to Scale Your Business"
• [00:13:17] Stay focused, repeat tasks for predictable success and profitability in the first sustaining phase of business. Build million dollar assets and prepare for the replication phase by l