What does six generations of entrepreneurship get you? Find out as Host Laurie Barkman talks with Jim Haviland, Business Operating System Coach at Impact Architects and Chief Operating Officer at CallPlease.
Jim shares his insights on building and exiting organizations, the entrepreneurial gene, and the importance of exit planning. He discusses the significance of having a clear purpose, the necessity of mentors and operating systems, and offers advice on long-term planning for entrepreneurs. Tune in for valuable lessons and inspiration for both budding and experienced entrepreneurs.
Takeaways:
-
Implementing a structured operating system can greatly enhance your business's efficiency and success rate. It helps you grow faster and minimizes the risk of business failure.
-
Define what 'done' looks like for your projects. Be clear and specific about your objectives to ensure everyone in the organization is aligned.
-
Regularly dedicate time to long-term planning. Consider both a 10-year and a 3-year horizon and actively work towards those goals.
-
Aim to build a business that is not just profitable but also a valuable asset that can be transferred or sold in the future. This includes minimizing owner dependency and investing in aspects that increase business value.
Quote of the Show:
-
“ If you want to build something that's really valuable, you can do that but you have to be serious about it. You don't just show up and punch the clock.” - Jim Haviland
✨📖 Get your FREE digital copy of The Business Transition Handbook: btsherpa.com/book
📣 Write a Podcast Review: ratethispodcast.com/successionstories
_________________________________________________________________Connect with Jim Haviland:
LinkedIn: https://www.linkedin.com/in/jimhaviland/
Website: https://www.impactarchitects.io/
Popular Podcasts
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Follow now to get the latest episodes of Dateline NBC completely free, or subscribe to Dateline Premium for ad-free listening and exclusive bonus content: DatelinePremium.com
The Joe Rogan Experience
The official podcast of comedian Joe Rogan.