In this episode, the Operators dive deep into the realities of business planning and what happens when things inevitably go off track. They discuss the necessity of formalizing operations as you scale, using frameworks like EOS for quarterly planning and setting OKRs. The hosts share tough lessons on why forecasts are always wrong , the three main reasons plans fail (bad goals, poor execution, or market forces), and the critical growth levers for scaling: brand awareness, new products, and international expansion. They also cover the intense financial discipline required when taking on bank debt and managing covenants , the importance of managing shareholder expectations versus reality , and the best strategies for communicating bad news to your team—like "going ugly early" while always providing hope.
Chapters:
00:00:00 Introduction
00:19:49 Breaking Down Our Quarterly Planning Process
00:33:40 Top Down vs Bottoms Up Strategy
00:49:09 A Tough Lesson in Tripping Bank Covenants
01:03:53 How to Deliver Bad News
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Fulfil.io.
The Only Cloud ERP Designed to Efficiently Scale 8 and 9-Figure Brands.
Northbeam.
Postscript.
Richpanel.
https://www.richpanel.com/?utm_source=9O&utm_medium=podcast&utm_campaign=ytdesc
Saras.
https://saras-analytics.typeform.com/to/T8jpuAEb?utm_source=9operator_lp&utm_medium=find_out_more
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