barriers to growth

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If growing a business was easy, everyone would be doing it ….. Stephen Dann Director, Virtual Business Coach

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Page 1: Barriers to growth

If growing a business was easy, everyone would be doing it …..

Stephen DannDirector, Virtual Business Coach

Page 2: Barriers to growth

What is Virtual Business Coach?

Our business coaching programmes are built on established, tried and tested methods

Delivered virtually through online meeting platforms Client and coach can “meet” at times that best fits the client’s timetable and

coaching programme. Online meeting tools ensure costs are kept to a minimum

We don’t rely on Government funding, there is no red tape or form filling for clients or coaches.

Only use experienced coaches Fully trained by our in-house experts and quality checked throughout the

process. Every coach is required to pass a certification day and is re-certified

every year. You can be assured that they are on top of their game.

Page 3: Barriers to growth

The 12 month Virtual Business Coach programme:

Initial Assessment What makes the business able to grow?

Situation analysis What are the key opportunities and challenges the business is facing?

Business Model How does the business operate and make money?

Growth Goals What are your ambitions and goals for the business?

Priority Plans What are the key focus areas preventing growth?

Action Plans Step-by-step action plans are generated and agreed.

Progress Review & Next Stage Planning and strategies developed for the next stage of the growth

journey.

Page 4: Barriers to growth

10 Barriers to Growth

What’s holding you back ..?

Page 5: Barriers to growth

1. Not having a goal

“if you don’t know where you are going, all roads lead there”

Page 6: Barriers to growth

The Basic Strategic Journey

Where am I now?

How did we get here?

Where are we going?

Why do we want to go there?

What are the obstacles?

What are we going to do?

How will I know when we’re there?

“Begin with the end in mind”, Stephen Covey

Page 7: Barriers to growth

2. Expecting a smooth ride

Page 8: Barriers to growth

3. The Wrong People

Team Customers Partners Collaborators Suppliers

Page 9: Barriers to growth

4. Self Deception / Discipline

How much time are you actually working? Are you really doing admin or is there some

Facebook / stuff in there? Is what you are doing making money, spending it

or wasting money?

Page 10: Barriers to growth

5. Perfectionism

80% is good enough for ….. 80% of situations ….. 80% of the time

Better “done”, than “perfect”

Page 11: Barriers to growth

6. Procrastination

Page 12: Barriers to growth

6. Procrastination

Page 13: Barriers to growth

7. Its delivery that matters ..

“real artists, ship”

Page 14: Barriers to growth

8. Urgent v Important

Important things take longer 80:20 rule Do it, Delegate it or Dump it Follow the money

Page 15: Barriers to growth

9. Personal Productivity

Page 16: Barriers to growth

10. Trying to do it all

Page 17: Barriers to growth

Secret of success?

Knowing yourself is the beginning

of all wisdomAristotle

“If you want to know why your business is not growing – always look in the mirror first”

Page 18: Barriers to growth

Thank you

Stephen Dann Director

Virtual Business Coach Ltd

Office:+44 (0)23 9279 3400 Mobile: +44  (0) 7702 870240

[email protected]