In this podcast episode, Malcolm Palmer discusses the importance of making your business less dependent on you.
He introduces the five stages of the strategic planning process and emphasises the need to envision where you want your business to be in the future. He also highlights the challenge of finding employees who can perform tasks as effectively as you can. Malcolm encourages business owners to trust and delegate to others, and he provides tips on building a valuable team member.
Takeaways
Chapters
00:00 Introduction
00:47 Chapter 4: The Five Stages of Strategic Planning Process
03:12 Step 1: Where Do You Want to Be?
04:06 Step 2: Where Are You Now?
05:02Are You the Only Person Who Can Do This Task?
06:24 The Challenge of Finding Mini Versions of Ourselves
07:19 Reaching the Natural Ceiling of Your Management Style
11:56 Learning to Trust and Delegate
14:34 Finding the Right People to Help
15:18 Building a Valuable Team Member
LINKS