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T. 0845 468 0271 www.gavinpreston.com Flat Spot The 7 Mistakes Entrepreneurs make that put the brakes on growth

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Flat Spot: The 7 Mistakes Entrepreneurs Make that put the brakes on business growth

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Page 1: Flat Spot

T. 0845 468 0271 www.gavinpreston.com

Flat Spot

The 7 Mistakes Entrepreneurs make that put the brakes on growth

Page 2: Flat Spot

T. 0845 468 0271 www.gavinpreston.com

About Gavin- Business Coach ★ Business Mentor ★ Business

Consultant ★ Business Speaker ★ Business Author

- Performance Acceleration Specialist

- Work with Business Owners and their teams accelerating their performance. I take them from plateauing performance to double digit growth

- A decade of experience of helping business leaders of companies such as HSBC, Ford Retail, Carphone Warehouse and The United Nations to raise their game

- Retained by owners of high growth SMEs to help them deliver on their growth aspirations

gavinpreston Gavin Preston

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T. 0845 468 0271 www.gavinpreston.com

Current Conditions• Macro economic uncertainty

– Are we out of recession?

• Plateauing Business Performance for some

• Increased indecisiveness of customers

• Increased costs of doing business

• Customers taking longer to pay

• Pressure from the Banks

• Changing trends in customer wants

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T. 0845 468 0271 www.gavinpreston.com

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Discussion Point

What are the questions you ask most often on a day to day basis in your business?

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T. 0845 468 0271 www.gavinpreston.com

Flat Spot

The 7 Mistakes Entrepreneurs make that put the brakes on growth

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T. 0845 468 0271 www.gavinpreston.com

Mistake #1

No Purpose

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T. 0845 468 0271 www.gavinpreston.com

Current Question a business owner may ask:

How do we increase our sales and profit?

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Short Term Profit

Value add to Customers

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"Being the richest man in the cemetery doesn’t matter to me… Going to bed at night saying we’ve done something wonderful… that’s what matters to me."

Steve Jobs, Apple

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Mistake #2Wrong Thinking / Mindset

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Current Question a business owner may ask:

What is going wrong in this company?

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ACTIONSTHOUGHTS RESULTS

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Discussion Point

What results can you see showing up in your business as a result of unhelpful thoughts?

ACTIONSTHOUGHTS RESULTS

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Mistake #3

No Strategic Edge

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Current Question a business owner may ask:

How do we do more of the same?

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Mistake #4

Inadequate Capability

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Current Question a business owner may ask:

How do we put this fire out?

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Mistake #5

Inadequate Capacity

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Current Question a business owner may ask:

How can I find the time to do this?

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Discussion Point

- You / Your Time?-Inadequate Systems?-Insufficient Production capacity?

Where are the bottlenecks in your business?

Where have you got insufficient capacity in your business to grow?

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Mistake #6

No Embedding

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Current Question a business owner may ask:

What’s next?

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Mistake #7

No Legacy

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Current Question a business owner may ask:

Things are going well, why should I do anything else?

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“There is always another level”

Gavin Preston

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The 7 Mistakes Entrepreneurs make that put the brakes on growth1)No Purpose2)Wrong Mindset3)No Strategic Edge4)Inadequate Capability5)Inadequate Capacity6)No Embedding7)No Legacy

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Take ActionWhat are you going to change in your business as a result of this workshop?

What is your next step to address this?

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Your Burning Business Question

Question?What is your burning business question?

Answer1st Week of every month on

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Formula Won for Business ©

P A C EMonday 3rd December

6pm – 8pm Riverside Innovation Centre

Join us for the next workshop:

The 4 Accelerators of Business Growth

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Want to grow more?

www.gavinpreston.com0845 468 [email protected]

gavinpreston

Gavin Preston